The Anchorage on Kelly — Sale in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Philadelphia, PA 19129
  • Size: 130,988 SF
  • Year built: 2023

Photos

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Description

JLL as advisors are pleased to present The Anchorage on Kelly located in the vibrant city of Philadelphia, PA. This is a unique opportunity to acquire a premier investment asset that combines modern living with strategic market positioning. With an impressive occupancy rate of 97% , this newly constructed residential complex offers a compelling value proposition for institutional investors seeking long-term stability and growth in their portfolio. The Anchorage on Kelly, built in 2023, boasts a substantial building area of 130,988 square feet and comprises 144 high-quality residential units . Its modern design and amenities have attracted a robust tenant base, ensuring consistent cash flow and minimal turnover. Situated on a prime urban land parcel , it provides residents convenient access to Philadelphia's dynamic cultural and economic landscape. Located in a rapidly evolving market, The Anchorage on Kelly benefits from excellent connectivity to public transportation, major highways, and key employment hubs. Philadelphia's ongoing urban development and demographic shifts towards inner-city living amplify the property's value, fostering sustainable rental demand and income potential. Investors will find this asset an ideal vehicle for capturing future appreciation and leveraging stable income streams. The Anchorage on Kelly not only offers present financial strength but also promises substantial value creation opportunities as the market continues to grow.

Market Context

This multifamily in Philadelphia, PA is listed for sale across 130,988 SF. The building dates to 2023. Compare it against other multifamily listings for sale in Philadelphia, PA — view the full market.

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