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...
Presented By: Keller Williams Liberty Place
Interior Features for 100 S 52Nd Street
Other Interior Features
Central Air Y/NYes
FlooringLuxury Vinyl Plank
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories3
Other Rooms
Entry Level1
General for 100 S 52Nd Street
AccessibilityNone
Business TypeApartment Building
Cap Rate9.50
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
Directions100 S. 52nd Street; 201-203 S. 52nd Street; 257-263 S. 52nd Street; 268 S. 52nd Street; 278 S. 52nd Street; 331 S. 52nd Street; 329 S. 52nd Street; 446-48 S 52nd St; 319-321 S. 52nd Street; 267 S. 52
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