On behalf of ownership, GREA extends to investors the opportunity to acquire the fee simple interest in a 10-unit multifamily property situated at 503 South 41st Street. Located in the Spruce Hill section of University City Philadelphia, the Property attracts a highly educated tenant base that wants to be strategically located near the University of Pennsylvania, Drexel University, St. Joseph’s University, Penn Medicine, and the Children's Hospital of Philadelphia.

The Property presents new ownership with a significant value-add opportunity to increase rents by executing a variety of renovation plans from light renovation to a full gut of the apartment units and common areas.

Tenants have access to a wide variety of shopping and dining options in the Spruce Hill neighborhood, including numerous coffee shops and restaurants situated along the Baltimore Avenue corridor. The Property is located within minutes from major transportation routes including I-95, I-76, and I-676, presenting unparalleled access throughout the Philadelphia MSA. Additionally, tenants are just a 5-minute walk to The 42nd and Baltimore Street Station on the SEPTA Green Line Trolley carrying commuters to Center City, 30th Street Station, and the Philadelphia Suburbs.