115-117 N. 3rd Street
The offering comprised of two buildings totaling 15 nearly complete apartment units in the affluent and historical Old City neighborhood of Philadelphia. The Properties boast an attractive unit mix in an area that has long been known for its historical significance and fantastic location. The Property presents new ownership a significant opportunity to complete construction on the building interior delivering luxury apartment product to young professionals and families. The property is largely through construction with brand-new TPO roof, elevator, framing, historic windows, plumbing, electrical, and sprinkler fire protection already installed.
Tenants have access to a wide variety of shopping and dining options on Walnut, Chestnut, and Market Streets. The Portfolio is also located minutes from major highway routes such as I-95, I-76, and I-676, presenting unparalleled access throughout the Philadelphia MSA. Furthermore, tenants are one block from the 2nd Street Train Station on the Market-Frankford Line, carrying commuters to employers in Center City Philadelphia in less than 10 minutes. The Property at 115-117 North 3rd Street is well-positioned to service a growing tenant base looking for luxury units in a market that continues to be a top choice for Philadelphia renters.