Listing Agency: Avison Young - Suburban Philadelphia

Listed By: Adam Gillespie · License #PA RS293296

Source: Crexi

Added: Apr 12 Changed: Sep 1 Last Checked: Sep 1 at 3:23AM

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Investment Insights

Based on property information with market context.

Wister Court is a newly developed apartment community focused on student housing, with 49 units and 198 beds. The property is reported at 100% occupancy and is positioned directly beside La Salle University, supporting a university-oriented residential use.

Located at 545 Wister St in Philadelphia, Pennsylvania, the community is bordered on three sides by university property. Its proximity to La Salle University and established student housing configuration define the asset’s operating profile.

Key Highlights

• 49 units with 198 beds
• 100% occupied
• Adjacent to La Salle University

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom HVAC Service Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

49

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

916

Businesses Nearby

Explore this area Business Placement

Demographics for 19144, PA

44,481

Population

23,583

Households

1.9

Avg Household Size

37

Median Age

35%

College-Educated

90%

High-School Grad

3.6 sq mi

ZIP Area

12,356

Density / Sq Mi

$45,727

Median Household Income

$36,020

Median Earnings

$1,110

Median Rent

$224,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - New student housing community adjacent to La Salle University with full occupancy.

Where is this apartment building located?

The property is located at 545 Wister St Philadelphia, PA.

What are key features of this property?

This property features: 49 units with 198 beds; 100% occupied; Adjacent to La Salle University