Apartments in West Philadelphia, PA

About this property

Units:
42

Acquired Year:

2016

Date Sold:

December 2021

Equity Multiple:

2.05X

IRR:

16.5%

Multifamily property located in the revitalizing University City Neighborhood of West Philadelphia. The property was developed and purchased in three phases through 2016-2017. Since development, the property has stabilized operations and is producing significant cash flow.