HIGHLIGHTS
- Fully Stabilized, High-Yield Asset – Six fully leased units generating $14,835/month or $178,020/year.
- Premium Finishes – Includes private roof deck, backyard, large living spaces, modern kitchens, and in-unit laundry.
- Desirable Unit Mix – Diverse layouts (2BD, 3BD, and 4BD units) tailored to the student and roommate market.
- Modern Construction (2018) – Turnkey asset with updated systems, reducing future CapEx exposure.
- Capital Improvement – Brand new TPO roof with a 25-year warranty.
- Prime University City Location – Steps from UPenn, Drexel, Penn Medicine, and major SEPTA transit.
FOR SALE DETAILS
PRICE
$1,795,000 USD
PRICE/SF
$148 USD /SF
# OF UNITS
6
PRICE/UNIT
$299,167
CAP RATE
8.03%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
2018
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,614 SF
ZONING
R10
APN/PARCEL ID
881161740
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215-608-3734
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215-608-3734
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