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Student Housing

The Legacy at Powelton Village

3608-3612 Spring Garden St, Philadelphia, PA 19104

Listing Price: Request For Offer

Number of Units
30
Occupancy
90.7%
Gross SF
20,323

Investment Overview

The Legacy at Powelton Village is a student housing apartment community consisting of 30 units and 50 beds built in 1920 and completely renovated in 2016 with a mix of one- and three-bedroom fully furnished units. This offering represents the opportunity to acquire a student housing apartment community located in the heart of Philadelphia, with close proximity to both the University of Pennsylvania and Drexel University.

Investment Highlights

  • 30-Unit, 50-Bed Student Housing Community
  • Close Proximity to Two Growing Universities (The University of Pennsylvania and Drexel University)
  • Four Years Remaining on Original Ten-Year Tax Abatement
  • Upside Opportunity and Growing Market Rents

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Student Housing

The Legacy at Powelton Village

Listing Price: Request For Offer

Number of Units
30
Occupancy
90.7%
Gross SF
20,323

Investment Highlights

  • 30-Unit, 50-Bed Student Housing Community
  • Close Proximity to Two Growing Universities (The University of Pennsylvania and Drexel University)
  • Four Years Remaining on Original Ten-Year Tax Abatement
  • Upside Opportunity and Growing Market Rents

Investment Overview

The Legacy at Powelton Village is a student housing apartment community consisting of 30 units and 50 beds built in 1920 and completely renovated in 2016 with a mix of one- and three-bedroom fully furnished units. This offering represents the opportunity to acquire a student housing apartment community located in the heart of Philadelphia, with close proximity to both the University of Pennsylvania and Drexel University.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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