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327 N 40th St 6 Unit Apartment Building $2,456,098 CAD ($409,350 CAD/Unit) 8.03% Cap Rate Philadelphia, PA 19104

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Investment Highlights

FULLY STABILIZED, HIGH-YIELD ASSET -Six fully leased units generating $14,855/month or $178,020/year in rent.
DESIRABLE UNIT MIX - Diverse layouts, including 2BD, 3BD, and 4BD units, tailored to the student and roommate market.
PRIME UNIVERSITY CITY LOCATION \ - Steps from UPenn, Drexel, Penn Medicine, and major SEPTA transit.

PREMIUM FINISHES + OUTDOOR AMENITIES -Includes private roof deck, backyard, large living spaces, modern kitchens, and in-unit laundry.
MODERN CONSTRUCTION (2018) - Turnkey asset with updated systems, reducing future CapEx exposure.
CAPITAL IMPROVEMENT-Brand new TPO roof with a 25-year warranty.

Executive Summary

327 N 40th Street, a fully stabilized six-unit multifamily property located in the heart of West Powelton Village, adjacent to University City, Philadelphia. Constructed in
2018, the building features large, high-yielding units with premium finishes, private outdoor spaces, and in-unit laundry. The unit mix includes a majority of larger-than-average four-bedroom units, along with two- and three bedroom units.
Positioned just blocks from UPenn, Drexel University, Penn Presbyterian Medical Center, and the Market-Frankford Line, 327 N 40th offers an investor secure long-term returns in one of the city’s strongest rental corridors. The property is currently fully leased and generates $14,855/month in gross income. Offered at a 8.03% cap rate, the building has over 3 years on the remaining tax abatement and $249/SF, this is a rare opportunity to acquire a stabilized, income-generating property in a premier university-adjacent submarket.

327 N 40th Street OM_Reduced

Financial Summary (Actual - 2025)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	$195,812	$16.17

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual	-
Annual Per SF	-

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	-
Annual Per SF	-

Net Operating Income (CAD)
Annual	$195,812
Annual Per SF	$16.17

Property Facts

Price	$2,456,098 CAD	Apartment Style	Mid-Rise
Price Per Unit	$409,350 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.06 AC
Cap Rate	8.03%	Building Size	12,106 SF
Sale Condition	1031 Exchange	Average Occupancy	100%
No. Units	6	No. Stories	4
Property Type	Multifamily	Year Built	2018
Property Subtype	Apartment Multifamily Dormitory	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R10

Price	$2,456,098 CAD
Price Per Unit	$409,350 CAD
Sale Type	Investment
Cap Rate	8.03%
Sale Condition	1031 Exchange
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.06 AC
Building Size	12,106 SF
Average Occupancy	100%
No. Stories	4
Year Built	2018
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R10