TEMPLE NEST APARTMENTS Multi-Family FOR SALE


Philadelphia, PA - North Philadelphia West
$23,900,000 USD
610-606-1095
, Philadelphia, PA for Sale
$23,900,000 USD
Multi-Family - FOR SALE
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TEMPLE NEST APARTMENTS
Philadelphia, PA
North Philadelphia West


HIGHLIGHTS

  • LEADING OFF-CAMPUS HOUSING PORTFOLIO @ TEMPLE UNIVERSITY
  • PHILLY'S LARGEST UNIVERSITY BY ENROLLMENT
  • TURNKEY, PROFESSIONALLY MANAGED, LEGACY ASSETS
  • WALKABLE TO CAMPUS AND AMENITIES
  • SEA CHANGE OF POSITIVE GROWTH WITH NEW ADMINISTRATION @ TEMPLE
  • SUBSTANTIAL DISCOUNT TO REPLACEMENT COSTS

OVERVIEW

Introducing the Temple Nest Portfolio — oceanfront property for Temple University, the largest university in Philadelphia, Pennsylvania by enrollment. Offered at a substantial discount to replacement costs, this cash-flowing real estate portfolio presents an optimal acquisition for the student-housing sector — one of the most resilient asset classes in the industry. These furnished student-housing apartments have maintained high historical occupancy due to their convenient proximity to campus, name recognition, concentrated location (ease of management and leasing) and professional ownership/management performance. The Temple Nest Portfolio includes twenty-six (26) buildings with 100 units and 288 beds. The Temple Nest Portfolio is widely considered the preeminent off-campus student-housing operation at Temple University, featuring superior walkability to Main Campus. It's a turnkey real estate portfolio insulated by a resilient asset class (Division 1 student housing) in a Top-10 USA MSA with a high-growth trajectory. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." The Owls are a local Philly favorite for their performance in athletics and The Temple Nest Portfolio represents the best of Temple University's student-housing properties. Enquire within for pro forma financials, floorplans and full property list.

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Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

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Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.