Log In/Sign Up
Your email has been sent.
HUNTING PARK PORTFOLIO - PHILADELPHIA 3 Multifamily Properties Offered at $6,512,358 CAD in Philadelphia, PA
Investment Highlights
- Attractive Unit Mix: 63% One-Bedroom, 34% Two-Bedroom, and 3% Four-Bedroom Units
- Access to Public Transit: 3-Minute Walk to SEPTA Bus Routes and 8-Minute Walk to Olney Transportation Center
- Retail, Shopping & Daily Conveniences: ±4 Minutes to ShopRite, ACME, Fine Fare, and Aldi
- Strong Rental Market with Value-Add Opportunities: Dense Residential Neighborhood with Stable Workforce Housing Demand
- Proximity to Major Arteries: ±10 Minutes to I-95 and ±12 Minutes to I-76 (the Schuylkill Expressway); Immediate Access to Roosevelt Boulevard (US-1)
Executive Summary
The Hunting Park Portfolio is a 41-unit apartment portfolio consisting of 4825 N. Camac Street (13 units), 4510 N. Lawrence Street (11 units), and 4827-35 North 6th Street (17 units) in North Philadelphia, Pennsylvania.
The Portfolio consists of three buildings featuring a desirable mix comprised primarily of one- and two-bedroom units. Collectively, the Properties include 26 one-bedroom units, 14 two-bedroom units, and one four-bedroom unit. The average in-place rent for the one-bedroom units is ±1,226 per month, while the two-bedroom units average ±$1,207 per month. The single, four-bedroom unit is leased at $1,450 per month. Current rents are approximately 10–15% below market for comparable one- and two-bedroom units, presenting a clear opportunity to drive rental growth through light interior upgrades. Current ownership has recently implemented water and sewer bill-backs, aligning with submarket trends. Continued execution of this strategy provides additional NOI upside.
The Hunting Park Portfolio is situated in a dense residential corridor supported by strong workforce housing demand and proximity to major employment drivers, including Temple University, La Salle University, and Jefferson Einstein Philadelphia Hospital, as well as employment hubs in Center City Philadelphia. The Properties also benefit from convenient access to retail corridors along Broad Street and Roosevelt Boulevard, with nearby grocery stores such as ShopRite, ACME, and Aldi, along with national retailers, pharmacies, and restaurants serving the immediate neighborhood.
With a unit mix well-positioned to meet workforce housing demand and located near public transit, major roadways, universities, hospitals, and retail amenities, The Hunting Park Portfolio presents an attractive opportunity to acquire scale in a dense North Philadelphia rental corridor supported by consistent renter demand and accessible neighborhood amenities.
The Portfolio consists of three buildings featuring a desirable mix comprised primarily of one- and two-bedroom units. Collectively, the Properties include 26 one-bedroom units, 14 two-bedroom units, and one four-bedroom unit. The average in-place rent for the one-bedroom units is ±1,226 per month, while the two-bedroom units average ±$1,207 per month. The single, four-bedroom unit is leased at $1,450 per month. Current rents are approximately 10–15% below market for comparable one- and two-bedroom units, presenting a clear opportunity to drive rental growth through light interior upgrades. Current ownership has recently implemented water and sewer bill-backs, aligning with submarket trends. Continued execution of this strategy provides additional NOI upside.
The Hunting Park Portfolio is situated in a dense residential corridor supported by strong workforce housing demand and proximity to major employment drivers, including Temple University, La Salle University, and Jefferson Einstein Philadelphia Hospital, as well as employment hubs in Center City Philadelphia. The Properties also benefit from convenient access to retail corridors along Broad Street and Roosevelt Boulevard, with nearby grocery stores such as ShopRite, ACME, and Aldi, along with national retailers, pharmacies, and restaurants serving the immediate neighborhood.
With a unit mix well-positioned to meet workforce housing demand and located near public transit, major roadways, universities, hospitals, and retail amenities, The Hunting Park Portfolio presents an attractive opportunity to acquire scale in a dense North Philadelphia rental corridor supported by consistent renter demand and accessible neighborhood amenities.
Property Facts
| Price | $6,512,358 CAD | Number of Properties | 3 |
| Price / SF | $212.66 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 30,624 SF |
| Sale Type | Investment | Total Land Area | 0.67 AC |
| Status | Active |
| Price | $6,512,358 CAD |
| Price / SF | $212.66 CAD / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 30,624 SF |
| Total Land Area | 0.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4827-4835 N 6th St, Philadelphia, PA 19120 | Multifamily | 14,688 SF | 1966 | - |
| 4825 N Camac St, Philadelphia, PA 19141 | Multifamily | 8,256 SF | 1996 | - |
|
Lawrence Street Apartments
4510 N Lawrence St, Philadelphia, PA 19140 |
Multifamily | 7,680 SF | 1971 | - |
1 1
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
HUNTING PARK PORTFOLIO - PHILADELPHIA
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.