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VRA Realty

operations@vrarealty.com +1(484) 800-1777

Listed by Ryan McManus • Keller Williams Liberty Place

$ 4,670,000

Est. payment | -/mo

1,620 Sqft Lot

Save

$ 4,670,000

Est. payment | -/mo

Save

1,620 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Temple University

MLS Listing ID PAPH2475488

Year Built 2016

Available Date 2025-05-12

Annual Tax Amount $3,278

Tax Year 2024

Lot Size 1,620 Sqft

Acres 0.04

Lot Dimensions 18.00 x 88.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Introducing the Temple University Spring Semester Portfolio: Six (6) buildings, eighteen (18) units, sixty-four (64) beds. Each property records extremely high occupancy with its turnkey apartments, ideal for students at Philadelphia's largest university by enrollment. Just off campus, each property is located within walking distance of one another, providing critical mass for new ownership and extreme convenience for students at TU. The Portfolio has been meticulously managed, maintained and leased historically with care and cleanliness present at each address by professional ownership/management. Easy to lease semester after semester, TUSSP provides investors with an opportunity to acquire a best-in-class student-housing portfolio in a Top-10 USA MSA. These multifamily properties are plug-and-play, favored by students for their proximity to campus, spacious interiors, secure features, and more. These reliable rental properties can be purchased individually or collectively as a package. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." Enquire within for pro forma financials. Portfolio of properties includes: 1507 WEST OXFORD, 1612 + 1614 N SYDENHAM, 1632 N SYDENHAM (ALL FOUR OF THESE PROPERTIES ARE ON ONE BLOCK), 1701 JEFFERSON, 1808 BERKS.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Luxury Vinyl Plank, Carpet

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 471134000

Ownership Fee Simple

Special Listing Condition Standard

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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1507 W OXFORD ST Philadelphia, PA 19121