4900 Spruce St | Philadelphia, PA 19139
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- LoopNet Team
4900 Spruce St
Philadelphia, PA 19139
Olympic Tower · Multifamily Property For Sale
·
150 Units
INVESTMENT HIGHLIGHTS
- New Luxury Apartments: High-End Finishes, Fitness Center, and Rooftop Lounge
- On-Site Parking: Secure, Off-Street Parking for 41 Vehicles
- Transit-Oriented Location: Access to Multiple Bus and Rail Routes as well as Interstate-76 (the Schuylkill Expressway)
- Excellent Unit Mix: Studio, One-Bedroom, and Two-Bedroom Units
- Walnut Hill / University City: Most Livable, Walkable, and Bikeable Areas of the City
- World-Class Universities & Medical Facilities: UPenn, Drexel, St. Joe’s, Penn Medicine, and CHOP
PROPERTY FACTS
| No. Units | 150 | Lot Size | 0.57 AC |
| Property Type | Multifamily | Building Size | 133,000 SF |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built | 2023 |
| Building Class | A | Parking Ratio | 0.31/1,000 SF |
| Zoning | RM-4 - Residential Multifamily | ||
| No. Units | 150 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.57 AC |
| Building Size | 133,000 SF |
| No. Stories | 8 |
| Year Built | 2023 |
| Parking Ratio | 0.31/1,000 SF |
| Zoning | RM-4 - Residential Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Roof Terrace
- Elevator
- Maintenance on site
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 18 | - | 426 |
| 1+1 | 95 | - | 642 |
| 2+2 | 37 | - | 876 |
PROPERTY TAXES
| Parcel Number | 881000278 | Improvements Assessment | $30,647,700 |
| Land Assessment | $3,405,300 | Total Assessment | $34,053,000 |
PROPERTY TAXES
Parcel Number
881000278
Land Assessment
$3,405,300
Improvements Assessment
$30,647,700
Total Assessment
$34,053,000
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