Ridge Avenue Portfolio | 36 Units

On behalf of ownership, GREA extends to qualified investors the unique opportunity to acquire the fee simple interest in the Ridge Avenue Portfolio, four newly constructed mixed-use properties. The Portfolio comprises 32 luxury apartment units and 4 commercial spaces fronting the Ridge Avenue corridor in the Fairmount section of Philadelphia.

The Ridge Avenue Portfolio includes:

• The Gateway at 1508-1512 Ridge Avenue with 8 apartment units and 1 commercial unit (1,085 SF)

• The Avenue at 1513-1517 Ridge Avenue with 8 apartment units and 1 commercial unit (1,900 SF)

• 15 Thirty Four at 1534 Ridge Avenue with 8 apartment units and 1 commercial unit (1,178 SF)

• The Cornerstone at 1555 Ridge Avenue with 8 apartment units and 1 commercial unit (1,035 SF)

Each of the newly constructed, five-story buildings features an elevator and a large rooftop deck offering panoramic views of Philadelphia’s Center City skyline. The Portfolio offers an attractive unit mix with 62% of the units being two-bedroom units and 38% one-bedroom units. Every unit enjoys 9+ foot ceilings with high-end finishes including stainless steel appliances, stone counters, modern baths, ample closet space, washer/dryer, and oversized windows allowing an abundance of natural light.

Residents in the complexes live within walking distance of Fairmount and Ridge Avenues, both thriving retail corridors that serve the Francisville and Fairmount neighborhoods of Philadelphia. The Portfolio is proximate to amenities such as CrossFit Fairmount, Anytime Fitness, Rite Aid, Francisville Playground, and numerous bars, cafes, and restaurants. Further, all four properties are transit-oriented with quick access to SEPTA’s Broad Street and Ridge Spur Lines to Center City and Temple University area. For daily commuters, the properties are convenient to major roadways including North Broad Street, Fairmount Avenue, and Interstates 76 and 676.

*Contact Agent for Pricing on Individual Properties