Investment Overview

Marcus & Millichap is pleased to present for sale the Cambridge Lofts - A 32-unit adaptive re-use apartment building in the highly sought after Northern Liberties neighborhood of Philadelphia. The building is located on North 4th Street, directly south of Girard Avenue. Converted in 2017, Cambridge Lofts consists of (21) one-bedroom units, (10) two-bedroom units, and (1) three-bedroom unit. The units have several unique features, including original exposed brick walls, high ceilings, European-style cabinetry, granite countertops, stainless steel appliances, and in-unit washer/dryers. The building also offers amenities, such as an enclosed dog park, bicycle storage, secure building access, and trash chutes on every floor. Cambridge Lofts is located in Northern Liberties - One of the most sought-after and attractive rental markets in Philadelphia. This area has exhibited some of the fastest rates of rent growth in the Philadelphia MSA. Known for its numerous boutique shops, fine dining, and trendy bars and hot spots, Northern Liberties/Fishtown has become a destination for a diverse pool of people, including young professionals, families, recent college graduates and generations of Philadelphians.