PHL Broker

Q325 is HERE + we have the inventory citywide — development sites and multifamily investment assets. Get off the sidelines and into the game. View inventory @ www.agentphl.com

Coming Soon: 39 Units | 9.5% CAP

Stabilized High-Yield Portfolio: West Philly

INTRODUCING: The West Philly Park Portfolio — thirty-nine (39) total units carrying an in-place 9.5% stabilized cap rate on the outskirts of University City where billions of dollars in active stage development are underway in a Top-10 USA MSA (population) and a Top-10 USA Life Sciences ecosystem. This district of Philadelphia is the economic powerhouse behind jobs and innovation, with examples such as Schuylkill Yards, Science Center, CHOP, HUP, Amtrak’s 30th ST Station and more contributing to the robust and internationally-known “EDS & MEDS” economy. With ten (10) total properties spanning ±35K SF of real estate, concentrated within a straight five-block stretch along S 52nd ST, The Portfolio offers investors a substantial critical mass of boutique investment, high-yield properties with ground floor commercial space and apartments above. The stores and apartments were renovated in the early 2020’s with LVP flooring, shaker cabinetry, granite countertops, washer/dryer in-unit, fire systems, sprinkler systems, flush mount lighting, contemporary bathrooms, central air, and more.

This is a turnkey operation in a submarket anchored by perennial rental demand from the surrounding universities (Penn, Drexel), world-class health systems, and cutting-edge innovation districts. Multiple park-frontage properties, prominent corner properties, and contiguous properties encompass The Portfolio along the vibrant, bustling 52nd ST corridor — between Market Street (north) and Larchwood Ave (south). Enquire within for detailed financials. Coming soon...

LIST PRICE: $5,255,000

Agent PHL Exclusives: agentphl.com

Breaking: ‘Trophy site’ near Center City with plans for 162 apartment units lists for $8M

While developers have faced headwinds on the heels of a construction boom in Philadelphia that brought an influx of apartments onto the market in recent years, McManus said the Callowhill site presents an opportunity for a developer to begin construction during a downtime and bring the building to market when there is a sparsity of other options.

“At this point in time, we’re encouraging the buyer pool to act now, to build and deliver into ‘26, ‘27, ‘28 when all the units that are delivered right now will be absorbed, and there will be robust demand for new product,” McManus said. “Because there always is a demand for new product.”

Read more in

https://www.bizjournals.com/philadelphia/news/2025/06/17/1428-callowhill-lists-for-sale-trophy-site-philly.html

FOR SALE:

• 40 Units
• West Philly
• Value-add Multifamily
• Boutique Apartment Building
• List Price $6.4M

View Listing: https://ryanmcmanus947.realscout.com/homesearch/listings/148025657?