• Description
  • Details
215-unit value-add opportunity consisting of two mid-rise apartment towers in suburban Philadelphia, Pennsylvania. The Property is conveniently located next to the $100 million Drexeline Town Center Redevelopment and within walking distance to Drexeline Rail Station, providing a 30-minute commute into center city Philadelphia.

Drexeline Apartments offers a rare opportunity to acquire a legacy owned asset from the original builder with significant management upside to include below market rents with 100% of the units still offering original finishes, providing investors with unprecedented income growth and return on investment.
  • Property Type : Multi-Family
  • Class : C
  • Listing Size : 185,806
  • Year Built : 1967
  • Stories : 6
  • Typical Floor Size : 30,967
Justin Shay, CCIM

Vice President

Bethesda, Maryland

(301) 896-9082

vCard

Dean Sigmon

Executive Vice President

Bethesda, Maryland

(301) 896-9089

vCard

Robin Williams

Executive Vice President

Bethesda, Maryland

(301) 896-9070

vCard

Michael D'Amelio

Senior Associate

Bethesda, Maryland

(301) 896-9077

vCard

Photos

  • Exterior (3)
  • Interior (2)

Available Space (1)

Suite
Attachments
Sqft
Rate
Type
Max Contiguous
Lease Type
Cam Charges
215 185,806 Sale