7-Building Apartment Portfolio Near Temple University in Philadelphia, PA

This listing features a portfolio of seven apartment buildings, totaling 21 units, located in Philadelphia, PA, near Temple University. Built in 2013, the properties represent a significant real estate investment opportunity with a stated asking price of $4,450,000. The portfolio generates $378,000 in gross revenue and boasts a Net Operating Income (NOI) of $288,000. Key operational features include independent utilities for each building, heat pumps for HVAC, and modern safety systems like fire alarms and sprinklers. The current 'Dormitories Living quarters rental license' is valid until December 2026, facilitating continued rental operations. A unique asset is the rear extension providing parking, a valuable amenity in the area. This offering is ideal for investors seeking established multi-family properties in a prime urban location.