08/12/2022
Presenting The Penn Building, located at 5400 Walnut Street in the desirable Walnut Hill section of West Philadelphia.
This highly visible 11,160 SF, turnkey investment is situated in an Opportunity Zone and consists of 14 residential units over 1 retail space with an excellent unit mix of (5) studio units, (8) one-bedroom units, and (1) two-bedroom unit.
/ Highly Visible Corner Location with Proximity to U Penn, Drexel, and U Sciences as well as Penn Medicine and CHOP
/ Positioned in a Qualified Opportunity Zone
/ Below-Market Rents: Rents are approximately $100 to $200 Below-Market
/ Turnkey Investment Opportunity
/ High Demand Rental Market with 95% Occupancy
/ University City Sub-Market: Walnut Hill Neighborhood