3925 Haverford AvePhiladelphia, PA 19104

For Sale
$9,000,000

Luxury Apartments, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
93
GrandView West Apartments, a Class A, 34-unit apartment building in Philadelphia's University City, presents a compelling investment opportunity. This 42,256 square foot, four-story building, constructed in 2018, boasts a mix of one commercial unit, two one-bedroom, twenty-nine two-bedroom, and two three-bedroom apartments, averaging a generous 1,143 square feet each. The average unit rental price is $1,939. Modern finishes include high ceilings, stone countertops, carpeted bedrooms with spacious closets, and sleek LVP flooring. Building amenities include a fully-equipped fitness center, a deluxe lounge/bar/kitchen, keyless entry, and a digital security intercom system. Located at 3925 Haverford Avenue, Philadelphia, PA 19104, the property benefits from its proximity to major employers, including Penn and Drexel Universities, CHOP, and HUP, as well as the Schuylkill Yards innovation district. The building features a 950 square foot ground floor commercial space and a rooftop terrace with panoramic city views. A 10-year tax abatement is in place. The asking price is $9,000,000, representing $212.99 per square foot and $264,705.88 per unit. This turnkey asset offers exceptional value in a high-growth submarket. The property is zoned RM1.

Highlights

  • Brand-new, boutique multifamily property with desirable amenities.
  • Prime location near University of Pennsylvania, Drexel University, Children's Hospital of Philadelphia, and other major employers.
  • Strong and consistent rental demand.

Property Details for 3925 Haverford Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
42,256 SF
Class
A
Year Built
2018
Buildings
1
Stories
4
Units
34

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9631832
Longitude
-75.2008032
3925 Haverford Ave, Philadelphia, Pennsylvania

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3925 Haverford Ave
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