Global Real Estate Advisors (GREA) extends to well-qualified investors the unique opportunity to acquire the fee simple interest in two well-positioned multifamily assets in Phoenixville, Pennsylvania: Carrie Court Apartments and Kenalcon Apartments. Located just minutes from one of Chester County’s most vibrant and revitalized downtowns, these Properties offer a unique combination of stable in-place income and meaningful value-add upside through renovating kitchens and baths. - Carrie Court Apartments is a 22-unit multifamily property ideally located just blocks from the heart of Downtown Phoenixville. With a well-balanced unit mix of (1) studio, (1) one-bedroom, (19) two-bedroom, and (1) three-bedroom apartments, the Property appeals to a wide range of renters. While structurally solid and well-maintained, the interiors present a significant opportunity for modernization. With dated finishes throughout, a new owner can unlock considerable rental upside by upgrading kitchens, bathrooms, flooring, and lighting. The Property’s location, within walking distance to Phoenixville’s popular dining, entertainment, and retail offerings, enhances tenant appeal and supports stronger rent premiums post-renovation. Carrie Court’s off-street parking, central HVAC, and proximity to public transit and commuter routes make it especially competitive in one of Chester County’s most sought-after submarkets. - Kenalcon Apartments, located less than five minutes from Downtown Phoenixville, comprises 30 spacious, rancher-style two-bedroom apartment units across six single-story buildings. Each apartment features private entrances, individual driveways, hardwood flooring, backyard space, and in-unit laundry hookups; characteristics that closely mimic single-family living, making the property attractive to long-term renters. Similar to Carrie Court, the interiors offer a clear path to value creation. Through renovations, including kitchen and bathroom upgrades, appliance replacements, and aesthetic enhancements, can position the property to command significantly higher rents. The Property’s serene, residential setting balances privacy with convenience; tenants enjoy suburban comfort while remaining within minutes of the town’s growing cultural and commercial hub.