Property Description

Introducing "Grandview West Apartments" strategically located in University City — the beating heart of Philadelphia's "Eds & Meds" economy. With 138' feet of frontage, this 34-unit free-market apartment building boasts a commanding corner presence in the neighborhood. The Property is walkable to Chop, HUP, UPenn, Drexel Univeristy, Amtrak's 30th Street Station, Schuylkill Yards, Science Center and all of the amenities within University City. This prime multifamily asset is comprised of one (1) commercial unit, one (1) 1bd unit, thirty (30) 2bd units and two (2) 3bd units. Grandview West features a Class-A amenities package with a fully-furnished fitness center, two (2) elevators, common green roof deck, deluxe residents lounge with gaming and entertainment, and more. The Property is offered well below replacement costs — the combined costs to acquire the land and construct/finance the building — providing new ownership with an extremely attractive acquisition basis. 10 year tax abatement through 2028. Substantial rental upside. Minimal CAPEX required. Located in a Top-10 USA MSA for rent growth and the #1 destination in the world to visit in 2026 — Philly.

Property Features

Local Schools