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23263780
23263809

1507 W Oxford St, Philadelphia, PA 19121

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team
$4,670,000
394 days on market
Updated 6 days ago

TUSSP

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 16,370
Units 18
Beds 64
Cap Rate 7.80%
Occupancy 100%
Price per SqFt $285
Class A
Buildings 6
Investment Type Stabilized

Multifamily | 18 Units | $259,444/unit

Marketing description

Introducing the Temple University Spring Semester Portfolio: Six (6) buildings, eighteen (18) units, sixty-four (64) beds. Each property records extremely high occupancy with its turnkey apartments, ideal for students at Philadelphia's largest university by enrollment. Just off campus, each property is located within walking distance of one another, providing critical mass for new ownership and extreme convenience for students at TU. The Portfolio has been meticulously managed, maintained and leased historically with care and cleanliness present at each address by professional ownership/management. Easy to lease semester after semester, TUSSP provides investors with an opportunity to acquire a best-in-class student-housing portfolio in a Top-10 USA MSA. These multifamily properties are plug-and-play, favored by students for their proximity to campus, spacious interiors, secure features, and more. These reliable rental properties can be purchased individually or collectively as a package. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." Enquire within for pro forma financials. Portfolio of properties includes: 1507 WEST OXFORD, 1612 + 1614 N SYDENHAM, 1632 N SYDENHAM (ALL FOUR OF THESE PROPERTIES ARE ON ONE BLOCK), 1701 JEFFERSON, 1808 BERKS.

Investment highlights

  • TOP-10 USA MSA

  • LARGEST UNIVERSITY IN PHILLY BY ENROLLMENT

  • SEA CHANGE OF POSITIVE PROGRESS LOOMING W/ NEW PRESIDENT JOHN FRY @ TEMPLE UNIVERSITY

  • STABILIZED, WELL-LOCATED PORTFOLIO OF PROFESSIONALLY MANAGED ASSETS

  • EASILY ACCESSIBLE TO MAIN CAMPUS

  • SAFE, SECURE, CLEAN PROPERTIES

  • BUY ONE OR BUY ALL

Listing Contacts

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team

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Additional Information

Name
Agent PHL
License
Pennsylvania RS316262
Brokerage Phone
6106061095
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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