4725 Chester Ave - Apartments FOR SALE


Philadelphia, PA 19143- Cedar Park
$6,400,000 USD
610-606-1095
4725 Chester Ave, Philadelphia, PA for Sale
$6,400,000 USD
Apartments - FOR SALE
1/88
null | Request Cap Rate

4725 Chester Ave
Philadelphia, PA 19143
Cedar Park


HIGHLIGHTS

  • ACCESS TO "EDS & MEDS" POWERHOUSE ECONOMY
  • COMMANDING CORNER PRESENCE
  • 100% LEASED ASSET
  • ADJACENT TO UPENN (IVY LEAGUE)
  • VALUE-ADD (BOOST RENTS ±10%)
  • CLASSIC REDBRICK PHILLY ARCHITECTURE

OVERVIEW

Introducing "4725 Chester" in Philadelphia, Pennsylvania — a boutique, redbrick value-add apartment building in the lovely Cedar Park section of West Philly. Adjacent to The University of Pennsylvania (IVY LEAGUE), this asset commands a dominant presence on the NE corner of 48th and Chester with its handsome facade and classic architecture. With fourteen (14) studios and twenty-six (26) one bedroom units, 4725 Chester presents an extraordinary opportunity to acquire a prime multifamily property in a Top-10 USA MSA with exceptional demographics and surrounds. Philly's leading employers, healthcare and innovation campuses and universities power this "Eds and Meds" district — insulating the community with accessibility, jobs, amenities and safety. Enquire within for financials.

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

40

PRICE/UNIT

$160,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4725 CHESTER

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,407 SF

ZONING

RSA3

APN/PARCEL ID

881143945

ASK ABOUT THIS PROPERTY

Ryan McManusAgent PHLMore Info
610-606-1095

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Ryan McManusAgent PHLMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.