Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
N/A
– Available Individually or as a Portfolio – INTRODUCING: The West Philly Park Portfolio — a rare opportunity to acquire up to thirty-nine (39) total units offering an in-place 9.5% stabilized cap rate, located just outside of University City — one of the most dynamic growth corridors in the United States. Situated within a Top-10 MSA for both population and life sciences, this portfolio lies in the heart of Philadelphia’s renowned “Eds & Meds” economy, surrounded by billions of dollars in active development. Nearby anchors include Schuylkill Yards, the Science Center, CHOP, HUP, and Amtrak’s 30th Street Station. The portfolio spans ten (10) properties totaling approximately ±35,000 square feet, concentrated within a walkable five-block stretch along the high-traffic 52nd Street corridor, between Market Street and Larchwood Avenue. Each building features a mix of ground-floor commercial units with residential apartments above, many of which were comprehensively renovated in the early 2020s. Upgrades include LVP flooring, shaker cabinetry, granite countertops, in-unit washer/dryers, modern fire and sprinkler systems, central air, and contemporary finishes throughout. The offering includes multiple park-front, corner, and contiguous parcels, with strong tenant demand driven by proximity to the University of Pennsylvania, Drexel University, and leading healthcare and innovation institutions. This is a rare chance to acquire turnkey assets in one of Philadelphia’s most promising submarkets. Detailed financials available upon request. Properties Included:
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Heating YN
YES
-
Heating
Electric, Central
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
-
View
Park/Greenbelt, City
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.03
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$5,255,000
-
Tax Amount
25889.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Foundation Details
Concrete Perimeter
-
Sewer
Private Sewer
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place
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TheresaKehler
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