Marshall Square is comprised of 46 apartments in the affluent Northern Liberties neighborhood of Philadelphia. Marshall Square boasts brick exteriors and garden-style living in a desirable urban location. Marshall Square presents new ownership with a significant value-add opportunity. Upgrading kitchens, baths, flooring, and common spaces will yield rent premiums while trailing comfortably behind the Class A assets that lead the market. Add modern landscaping in the courtyards and enhance lighting to the property to further upgrade rentability. Further, new ownership can take an alternate strategy and rent apartments to PHA tenants upon turnover and see significantly increased rents without the need for renovations. This would be an attractive yield play as PHA is willing to pay well above market rents. Marshall Square Apartments is located minutes from major transportation routes such as I-95, I-76, and I-676, providing unparalleled access to the Philadelphia MSA. Current and future tenants are blocks from the Spring Garden Street Station on SEPTA’s Market-Frankford Line, which carries passengers into Center City Philadelphia in less than 10 minutes. Furthermore, Marshall Square is blocks from critically acclaimed restaurants and nightlife such as North Bowl, Café La Maude, Silk City, and Yards Brewing Company. The Asset is also surrounded by coffee shops, fitness, and other essential retail, making it easy to live a comfortable lifestyle without the need for a car. These factors coalesce in making Northern Liberties a top pick for the Ed’s and Med’s that dominate Philadelphia’s tenant pool.