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- LoopNet Team
4258 Chestnut St
Philadelphia, PA 19104
The Eleanor at Chestnut · Multifamily Property For Sale · 45 Units
Investment Highlights
- New Construction: 9+/- Years Remain on Real Estate Tax Abatement
- University City/Spruce Hill Location: Most Livable, Walkable and Bikeable Area of Philadelphia
- Occupancy Rate: 100% Leased for 2019-20 School Year
- Exceptional Unit Mix: 8% Three-Bedroom Units
- Purpose-Built Student Housing Units: Outstanding Bed-Bath Parity
- Access World Class Universities & Medical Facilities: UPenn, Drexel, USciences, Penn Medicine & CHOP
PROPERTY FACTS
| No. Units | 45 | Building Size | 47,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid Rise | Year Built | 2017 |
| Building Class | B | Parking Ratio | 0.25/1,000 SF |
| Lot Size | 0.24 AC |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 47,500 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 2017 |
| Parking Ratio | 0.25/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Fitness Center
- Laundry Facilities
- Maintenance on site
- Public Transportation
About 4258 Chestnut St , Philadelphia, PA 19104
University City is an economic powerhouse for the entire Philadelphia region. The 2.4 square mile neighborhood is home to some of the city’s largest and most innovative academic, research, and commercial partners, who collectively employ nearly 77,000 employees. University City is a destination for diners, culture seekers, and artists who visit the area for internationally acclaimed restaurants, museums, and galleries. It’s a bustling neighborhood with infrastructure that attracts walkers, cyclists, and commuters with walkable streets, world-class public spaces, and excellent transit options. A combination of high rises and tree-lined streets, luxury apartments and Victorian houses, anchor institutions and small businesses, University City is Philadelphia’s neighborhood of choice for thousands of people and families from a wide range of backgrounds, and a neighborhood where quality of life matches quality of possibility.
PROPERTY TAXES
| Parcel Number | 881612550 | Improvements Assessment | $15,021,483 |
| Land Assessment | $1,669,054 | Total Assessment | $16,690,536 |
PROPERTY TAXES
zoning
| Zoning Code | CMX4 (Zoning is primarily intended to accommodate mixed-use development, including a broad range of non-residential uses) |
| CMX4 (Zoning is primarily intended to accommodate mixed-use development, including a broad range of non-residential uses) |
