The Maxfield 1533 Parrish St 29 Unit Apartment Building $10,450,000 ($360,345/Unit) 5.76% Cap Rate Philadelphia, PA 19130

The Maxfield is a premier multifamily asset in Philadelphia’s rapidly growing Francisville neighborhood. This unique 29-unit building distinguishes itself with a visually compelling façade, private outdoor spaces including exclusive rooftop decks on upper-floor units, and spacious patios for ground-level residences—features highly attractive to quality tenants and ensuring strong retention.

With thoughtful design and high-quality construction, The Maxfield attracts tenants seeking upscale urban living at more affordable rates than Center City alternatives. Its strategic location places it in the heart of Francisville’s growing commercial corridor, benefiting directly from expanding retail activity, increasing residential density, and neighborhood amenities.

Built with meticulous attention to detail by an experienced Philadelphia-based builder with 20+ years of experience, The Maxfield offers investors durable, quality construction designed to minimize maintenance and capital expenditures. Premium materials, efficient systems, and robust design standards ensure lasting value and tenant satisfaction.

All communications, inquiries, and requests should be directed to Millstone’s Philadelphia office. Tours, property inspections, and due diligence visits are available upon request and must be scheduled in advance to ensure appropriate notice to tenants.

Interested investors are invited to submit Letters of Intent via email. Offers will be evaluated based on purchase price, proposed terms and timing, financial strength of the buyer, and experience with comparable acquisitions.

Prospective buyers are responsible for conducting their independent due diligence. Neither Millstone nor the seller makes any warranties or representations, express or implied, regarding the accuracy or completeness of the information presented in this memorandum.