PHL Broker
Multifamily Investments | Land Development | Residential Sales & Leasing
07/01/2025
Q325 is HERE + we have the inventory citywide — development sites and multifamily investment assets. Get off the sidelines and into the game. View inventory @ www.agentphl.com
06/27/2025
NEW PRICE: University City Multifamily | $3,600,000
619 35th Street is a newly constructed apartment building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 apartments with 33 bedrooms and 33 bathrooms + over 1,500 SF of retail space. Each unit features private bathrooms, large living areas, and modern finishes. A 10-year tax abatement paired with minimal OPEX and above-average rent growth insulate this investment opportunity.
With a strong in-place 7.2% cap rate, 619 35th is Ideal for investors seeking a turnkey asset in a prime, high-demand location — UCITY — the fastest-growing rental submarket in Philadelphia. This is a Top-10 USA MSA (population) and a Top-5 USA MSA for Life Sciences. The Eds & Meds economy powers this district and provides the community with insatiable, perennial rental demand, insulating investment properties for years to come...
View Listing: https://ryanmcmanus947.realscout.com/homesearch/listings/145608410?
Agent PHL Exclusives:
06/26/2025
Coming Soon:
• Turnkey Multifamily Investment
• Boutique Apartment Building
• 19130 — PHL, PA
• Six (6) Units
• 6.34% CAP
• $2,100,000 List Price
Agent PHL Exclusives: agentphl.com
06/25/2025
COMING SOON:
• Boutique Multifamily Investment
• Seven (7) Units
• Rarely Offered 19146 ZIP — PHL, PA
• Full 10yr Tax Abatement (8.5yr Remaining)
• List Price $2,300,000
Agent PHL Exclusives: agentphl.com
06/24/2025
FOR SALE:
• Queen Village — PHL, PA
• Loft Apartment Building
• 13 Units + 30-car Parking Garage
• Stabilized Multifamily Investment Sale
• $152/PSF Asking Price
Agent PHL Exclusives: https://ryanmcmanus947.realscout.com/homesearch/listings/142389799?
06/20/2025
Coming Soon: 39 Units | 9.5% CAP
Stabilized High-Yield Portfolio: West Philly
INTRODUCING: The West Philly Park Portfolio — thirty-nine (39) total units carrying an in-place 9.5% stabilized cap rate on the outskirts of University City where billions of dollars in active stage development are underway in a Top-10 USA MSA (population) and a Top-10 USA Life Sciences ecosystem. This district of Philadelphia is the economic powerhouse behind jobs and innovation, with examples such as Schuylkill Yards, Science Center, CHOP, HUP, Amtrak’s 30th ST Station and more contributing to the robust and internationally-known “EDS & MEDS” economy. With ten (10) total properties spanning ±35K SF of real estate, concentrated within a straight five-block stretch along S 52nd ST, The Portfolio offers investors a substantial critical mass of boutique investment, high-yield properties with ground floor commercial space and apartments above. The stores and apartments were renovated in the early 2020’s with LVP flooring, shaker cabinetry, granite countertops, washer/dryer in-unit, fire systems, sprinkler systems, flush mount lighting, contemporary bathrooms, central air, and more.
This is a turnkey operation in a submarket anchored by perennial rental demand from the surrounding universities (Penn, Drexel), world-class health systems, and cutting-edge innovation districts. Multiple park-frontage properties, prominent corner properties, and contiguous properties encompass The Portfolio along the vibrant, bustling 52nd ST corridor — between Market Street (north) and Larchwood Ave (south). Enquire within for detailed financials. Coming soon...
LIST PRICE: $5,255,000
Agent PHL Exclusives: agentphl.com
06/19/2025
“Greater Philly Multifamily Market Sees Vacancy Drop As Construction Pipeline Tapers Off”
Philadelphia’s post-pandemic multifamily market has been defined by oversupply, high vacancy and big concessions to lure in renters with lots of choices. That status quo is set to shift as the region’s construction boom wanes. New leases outpaced deliveries region-wide for the first time in 13 quarters.
Read more: https://www.bisnow.com/philadelphia/news/multifamily/apartment-market-vacancy-drop-construction-slows-129773?utm_source=outbound_pub_76&utm_campaign=outbound_issue_86799&utm_content=outbound_link_11&utm_medium=email
Contact Agent PHL for access to our market-leading inventory of development sites and investment properties throughout the Greater PHL MSA: agentphl.com
06/18/2025
Breaking: ‘Trophy site’ near Center City with plans for 162 apartment units lists for $8M
While developers have faced headwinds on the heels of a construction boom in Philadelphia that brought an influx of apartments onto the market in recent years, McManus said the Callowhill site presents an opportunity for a developer to begin construction during a downtime and bring the building to market when there is a sparsity of other options.
“At this point in time, we’re encouraging the buyer pool to act now, to build and deliver into ‘26, ‘27, ‘28 when all the units that are delivered right now will be absorbed, and there will be robust demand for new product,” McManus said. “Because there always is a demand for new product.”
Read more in
https://www.bizjournals.com/philadelphia/news/2025/06/17/1428-callowhill-lists-for-sale-trophy-site-philly.html
06/16/2025
FOR SALE:
• 40 Units
• West Philly
• Value-add Multifamily
• Boutique Apartment Building
• List Price $6.4M
View Listing: https://ryanmcmanus947.realscout.com/homesearch/listings/148025657?
06/13/2025
Price Improvements | UCITY
257 + 259 South 46th Street: $1,450,000 | 8 Units | 46th & Locust (UPENN)
VIEW LISTING: https://ryanmcmanus947.realscout.com/homesearch/listings/139275322?
922 S 49th: $875,000 | 4 Units | 49th & Springfield (UPENN-adjacent)
VIEW LISTING: https://ryanmcmanus947.realscout.com/homesearch/listings/148998827?
Investment Highlights:
• Value-Add Real Estate
• Improve Yield w/ Upgrades
• ±10,500 SF Total
• Three (3) Apartment Buildings
• UPENN-Adjacent Multifamily
• Ivy League Rentals
• Perennial Demand (Eds & Meds)
• Long-term Investment Upside
Agent PHL Exclusives
06/12/2025
Newly Priced: $9,750,000
“The Grace”
THE GRACE — named for a Philadelphia icon, Grace Kelly — this boutique, 34-unit new construction apartment property is nestled in the northwest hills of East Falls in Philadelphia, Pennsylvania. This premium turnkey multifamily asset commands an impressive streetscape presence on Midvale Avenue — the winding, bucolic avenue which runs from the top of the hill to the Schuylkill River.
Located in the storybook East Falls setting where extremely high barriers-to-entry exists, the building is comprised of studios, 1bd and 2bd apartments and commercial space. Residents have access to a fully furnished fitness center on the ground floor to practice everyday health and wellness, as well as a panoramic rooftop terrace showcasing views of the lush surrounds. The Property is set back from the bustling Ridge Ave corridor and tucked into the landscape, providing a quiet respite for residents. Yet, it’s just steps from the plentiful shops, restaurants, cafes and amenities in the East Falls borough, and equally convenient to Main Street Manayunk, The Schuylkill River Trail, Septa’s regional rail station, Jefferson University, Wissahickon Valley Park, Bala Cynwyd shopping + office districts, and so much more—just outside of the urban core.
The asset carries the benefits of a 10 year tax abatement along with minimal expenditures, in an area poised for above-average rent growth and appreciation — NW PHL.
VIEW LISTING: https://ryanmcmanus947.realscout.com/homesearch/listings/138011018?
Agent PHL Exclusives
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