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

Overview
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.


Location


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