Multifamily

4712-4714 Woodland Avenue

4712-4714 Woodland Avenue, Philadelphia, PA 19143

Listing Price: $1,025,000

Cap Rate
4.82%
Number of Units
6
GRM
13.04
Occupancy
95.00%
Price/Unit
$170,833
Price/Gross SF
$210.78
Gross SF
4,863

Investment Overview

Marcus & Millichap is pleased to present 4712 and 4714 Woodland Avenue which consists of six large apartment units ripe for repositioning, located in the University City neighborhood of Philadelphia Pennsylvania.This unique and diverse neighborhood in West Philadelphia is the home to over $50,000 full-time residents, 50,000 students, 85,000 jobs, and $2 billion in annual research and development, and continues to grow at an extraordinary rate.

4712 and 4714 Woodland Avenue offers potential buyers the opportunity to acquire a superbly located multifamily asset next to the University of the Sciences. The area is commanding rents significantly higher than currently being charged at the properties.
With upgrades and releasing at market rents, an investor will create additional long term value.

Investment Highlights

  • CONVENIENT ACCESS TO DOWNTOWN PHILADELPHIA
  • PRIME REPOSITIONING OPPORTUNITY
  • BELOW MARKET RENTS IN A SUPERB LOCATION
  • ONE BLOCK FROM UNIVERSITY OF THE SCIENCES
  • WALKING DISTANCE TO THREE UNIVERSITIES AND TWO TOP RANKED HOSPITALS, CHILDREN"S & HUP

Exclusively Listed By

Listing Price: $1,025,000

Cap Rate
4.82%
Number of Units
6
GRM
13.04
Occupancy
95.00%
Price/Unit
$170,833
Price/Gross SF
$210.78
Gross SF
4,863

Investment Highlights

  • CONVENIENT ACCESS TO DOWNTOWN PHILADELPHIA
  • PRIME REPOSITIONING OPPORTUNITY
  • BELOW MARKET RENTS IN A SUPERB LOCATION
  • ONE BLOCK FROM UNIVERSITY OF THE SCIENCES
  • WALKING DISTANCE TO THREE UNIVERSITIES AND TWO TOP RANKED HOSPITALS, CHILDREN"S & HUP

Investment Overview

Marcus & Millichap is pleased to present 4712 and 4714 Woodland Avenue which consists of six large apartment units ripe for repositioning, located in the University City neighborhood of Philadelphia Pennsylvania.This unique and diverse neighborhood in West Philadelphia is the home to over $50,000 full-time residents, 50,000 students, 85,000 jobs, and $2 billion in annual research and development, and continues to grow at an extraordinary rate.

4712 and 4714 Woodland Avenue offers potential buyers the opportunity to acquire a superbly located multifamily asset next to the University of the Sciences. The area is commanding rents significantly higher than currently being charged at the properties.
With upgrades and releasing at market rents, an investor will create additional long term value.

Exclusively Listed By

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