North 40th Street Portfolio (Drexel University Area)

418 North 40th Street; Philadelphia, PA 19104





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Property Details

  • Price-
  • Property TypeStudent Housing
  • NeighborhoodUniversity City
  • Number of Units6
  • Lot Size0.10 acres
  • Price/Unit-
  • Price/Bedroom-
  • Year Built2011

Investment Highlights

  • 100% Occupied; New Construction
  • A “University-Approved” Property by Drexel University
  • 10 Year Real Estate Tax Abatement in Place
  • Ideally Situated in University City in Close Proximity to Drexel University and the University of Pennsylvania
  • Walking Distance to Public Transportation, Shopping and Restaurants

Rittenhouse Realty Advisors (“RRA”) extends to qualified investors the opportunity to acquire the fee simple interest in “The North 40th Street Portfolio,” a 28-bed student housing opportunity in the University City neighborhood of Philadelphia, Pennsylvania. The portfolio consists of two properties located within a one block radius of each other and within close proximity to Drexel University’s Main Campus and Penn Presbyterian Medical Center – one of Philadelphia’s most premier medical facilities.


Property Status

NOTE: This property is no longer available.


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