Upper Darby Portfolio 3 Multifamily Properties Offered at $16,750,000 in Upper Darby, PA
INVESTMENT HIGHLIGHTS
- 3-Property Multifamily Portfolio | 148 Residential, 22 Garages, & 8 Commercial Units
- Under Market Rents | 18% Upside in Rental Income
- Unit Mix | 39 Studios, 57 One-Bedrooms, and 52 Two-Bedrooms
- Transit-Oriented Location | 1 Block from 69th St Transit Terminal, a Major SEPTA Hub with Multiple Connections to University City and Center City
EXECUTIVE SUMMARY
SCOPE Commercial Real Estate Services, LLC "SCOPE" is pleased to present the opportunity to acquire the Upper Darby Portfolio, a 156-unit portfolio including 8 commercial units in Upper Darby, PA. The Upper Darby Portfolio is a transit-oriented, value-add multifamily portfolio totaling 148 residential units and 8 commercial units across three adjacent assets in Upper Darby, PA: Minerva Court, Barrington Garden, and Richfield Garden. The portfolio features a balanced unit mix of 39 studios, 57 one-bedrooms, and 52 two-bedrooms, with average in-place rents of $788 for studios, $956 for one-bedrooms, and $1,125 for two-bedrooms. The current portfolio-wide average rent is $971 per month, with market rents projected at $1,144 per month — presenting a compelling ~18% rent growth opportunity and over $308,000 in annual income upside.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $16,750,000 |
| Price / SF | $145.56 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 115,070 SF |
| Total Land Area | 2.12 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Barrington Garden Apartments
126-168 Barrington Rd, Upper Darby, PA 19082 |
Multifamily | 38,270 SF | 1950 | - |
|
Richfield Garden
104 Richfield Rd, Upper Darby, PA 19082 |
Multifamily | 24,000 SF | 1950 | - |
|
Minerva Court
130-146 Garrett Rd, Upper Darby, PA 19082 |
Multifamily | 52,800 SF | 1925 | - |
