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Multi-Family Properties

540 W Sedgwick Street

 

PROJECT DETAILS

Build:  Multi-Family Renovation
Living Space: 14,500 ft²
Year Completed: 2018
Type:  18 apartments


PROJECT DESCRIPTION

Garden style 18-unit apartment building in the Mount Airy neighborhood of the City of Philadelphia. This building was acquired in an off-market transaction and went through the process of renovating apartments as tenants moved out over a three-year period. The property was in very poor condition with many undesirable tenants at the time of our purchase. The property was strategically sold in Spring 2021 to a large local real estate owner and operator.

381-85 Martin Street, Manayunk

 

PROJECT DETAILS

Build:  Multi-Family New Construction
Building Size: 19,400 ft²
Year Completed: 2018
Type:  16 apartments


PROJECT DESCRIPTION

New construction apartment building in the Manayunk neighborhood. The site was acquired in an off-market transaction and went through the subdivision and development process to combine three lots into one lot with approvals to build a 16-unit new construction apartment building. Construction was completed and the building was occupied in Summer 2018.

3509-15 Indian Queen Lane, East Falls

 

PROJECT DETAILS

Build:  Multi-Family Renovation
Building Size: 15,000 ft²
Year Completed: 2017
Type:  15 apartments


PROJECT DESCRIPTION

15-unit apartment building in the East Falls neighborhood of the City of Philadelphia. This building was acquired in an off-market transaction and went through the process of renovating apartments as tenants moved out over a three-year period. The property was in very poor condition with many undesirable tenants at the time of our purchase. The property was strategically sold the property in Spring 2018 to a large local real estate owner and operator.

 

1248 N 29th Street, Brewerytown

 

PROJECT DETAILS

Build:  Multi-Family Addition
Building Size: 2,250 ft²
Year Completed: 2014
Type:  2 apartments


PROJECT DESCRIPTION

2-unit apartment building in the Brewerytown neighborhood of the City of Philadelphia. This property was acquired in an off market transaction and gut renovated the entire building. The property was in bad shell condition at the time of our purchase. Renovations were completed and occupied in Spring 2014.

 

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