63rd Street Portfolio

808, 810, 826, 828 and 930 N 63rd Street,930 N 63rd Street, 6609, 6611 Haddington Lane, 6606, 6637 Lotus Road, 6640 Leeds Street Philadelphia PA 19151

33 Total Apartments and 1 Garage

Trophy Commercial Real Estate LLC proudly presents an investment opportunity to acquire the fee-simple interest in the 63rd Street Portfolio. This exclusive package comprises of ten properties at 808, 810, 826, 828, and 930 N 63rd Street, 6609, 6611 Haddington Lane, 6606, 6637 Lotus Road, 6640 Leeds Street Philadelphia, PA. This package of properties features 33 residential units and a garage.

Portfolio Highlights:

  • Strong Value-Add Potential: Current average rents ($980) fall below market potential ($1,389), providing room for increased rent through market adjustments or PHA rental conversions with minimal renovation.

  • Desirable Unit Mix: The portfolio consists mostly of 1- and 2-bedroom units, with a history of long tenancy. Over 50% of units have been updated since its acquisition in 2015.

  • Highly Concentrated Portfolio: Over 80% of the units are located at 808, 810, 826, 828, and 930 N. 63rd Street in Philadelphia’s desirable Overbrook neighborhood. The remaining buildings are single-family homes and one duplex.

  • Convenient Access: Close to City Line Avenue, Lancaster Avenue, and I-76, offering easy connectivity to downtown Philadelphia and Main Line.

Offering Price: $3,425,000

Total Units: 33 Units

Price Per Unit: $103,787

Avg Unit Size: 801 SF

Current CAP Rate: 6.99%

Deal Team

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