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Philadelphia Workforce Housing Portfolio 3 Multifamily Properties in Philadelphia, PA
INVESTMENT HIGHLIGHTS
- Three-property portfolio totaling 310 units, offering immediate scale in the high-demand Philadelphia multifamily market
- The Portfolio is currently highly occupied over the past three years, reflecting consistently strong tenant demand
- All three assets are situated within 25 minutes of Center City Philadelphia
- All three assets are within a 20-minute drive of each other, enabling operational efficiency and streamline property management across the Portfolio
EXECUTIVE SUMMARY
CBRE, Inc. has been retained as the exclusive advisor for the sale of The Philadelphia Workforce Housing Portfolio, a collection of three multifamily communities totaling 310 units and located in high-density, infill neighborhoods within Philadelphia, PA. This offering presents an exceptional opportunity for an investor(s) to acquire scale in highly-populated “renter-by-necessity” submarkets. Each asset offers meaningful upside through proven value-add strategies.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 286,614 SF |
| Number of Properties | 3 | Total Land Area | 7.08 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 286,614 SF |
| Total Land Area | 7.08 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Stevenson Terrace Apartments
6201 N 10th St, Philadelphia, PA 19141 |
Multifamily | 167,600 SF | 1967 | - |
|
Melrose Park Manor
210 W Cheltenham Ave, Philadelphia, PA 19126 |
Multifamily | 78,720 SF | 1965 | - |
|
Birchwood Hill Apartments
5115 Wissahickon Ave, Philadelphia, PA 19144 |
Multifamily | 40,294 SF | 1966 | - |
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