– 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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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