$22,900,000

Estimated payment $122,273/month

Total Views 6,966
-- Bed
-- Bath
100,000 Sq Ft
$229 Price per Sq Ft

Highlights

  • City View
  • 4-minute walk to Cecil B Moore
  • Central Heating and Cooling System
  • Wood Flooring
  • Corner Lot
  • Property is in excellent condition

About This Home

Introducing the Temple Nest Portfolio — oceanfront property for Temple University, the largest university in Philadelphia, Pennsylvania by enrollment. Offered at a substantial discount to replacement costs, this cash-flowing real estate portfolio presents an optimal acquisition for the student-housing sector — one of the most resilient asset classes in the industry. These furnished student-housing apartments have maintained high historical occupancy due to their convenient proximity to campus, name recognition, concentrated location (ease of management and leasing) and professional ownership/management performance. The Temple Nest Portfolio includes twenty-six (26) buildings with 100 units and 288 beds. The Temple Nest Portfolio is widely considered the preeminent off-campus student-housing operation at Temple University, featuring superior walkability to Main Campus. It's a turnkey real estate portfolio insulated by a resilient asset class (Division 1 student housing) in a Top-10 USA MSA with a high-growth trajectory. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." The Owls are a local Philly favorite for their performance in athletics and The Temple Nest Portfolio represents the best of Temple University's student-housing properties. Enquire within for pro forma financials, floorplans and full property list.

Listing Agent

Ryan McManus

ryan@agentphl.com Keller Williams Liberty Place Listed on: 06/03/2025

Co-Listing Agent

Brandon Ribeiro

(445) 300-9082 brandon@agentphl.com Keller Williams Liberty Place

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,171

Year Built

  • Built in 2018

Lot Details

  • 1,377 Sq Ft Lot
  • Lot Dimensions are 21.00 x 66.00
  • Corner Lot
  • Property is in excellent condition

Home Design

  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 100,000 Sq Ft Home
  • Wood Flooring
  • City Views
  • Finished Basement

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 871572939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,171

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2018
  • Remarks Public: Introducing the Temple Nest Portfolio — oceanfront property for Temple University, the largest university in Philadelphia, Pennsylvania by enrollment. Offered at a substantial discount to replacement costs, this cash-flowing real estate portfolio presents an optimal acquisition for the student-housing sector — one of the most resilient asset classes in the industry. These furnished student-housing apartments have maintained high historical occupancy due to their convenient proximity to campus, name recognition, concentrated location (ease of management and leasing) and professional ownership/management performance. The Temple Nest Portfolio includes twenty-six (26) buildings with 100 units and 288 beds. The Temple Nest Portfolio is widely considered the preeminent off-campus student-housing operation at Temple University, featuring superior walkability to Main Campus. It's a turnkey real estate portfolio insulated by a resilient asset class (Division 1 student housing) in a Top-10 USA MSA with a high-growth trajectory. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." The Owls are a local Philly favorite for their performance in athletics and The Temple Nest Portfolio represents the best of Temple University's student-housing properties. Enquire within for pro forma financials, floorplans and full property list.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 100000
  • Living Area Sq Ft: 100000
  • Price Per Sq Ft: 229.00
  • Above Grade Finished Sq Ft: 100000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1500

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: Y70
  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 21.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1377.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1775.00
  • Tax Annual Amount: 3171.00
  • Assessor Parcel Number: 871572939
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $22,900,000 -4.2% $229 / Sq Ft
06/03/2025 06/03/25 For Sale $23,900,000 -- $239 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2489634

Bright MLS