Upper Darby Multifamily Mixed-Use
For Sale
Contact for pricing
Pending
146 GARRETT ROAD, Upper Darby, PA 19082
112-unit multifamily and mixed-use portfolio in Upper Darby, Pennsylvania.
Days on Market181
Property Features for 146 GARRETT ROAD
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily, Retail
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: Feb 2
Changed: Jul 10
Last Checked: Aug 1 at 2:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GREA
Investment Insights
Based on property information with market context.
This portfolio features a 112-unit multifamily and mixed-use property in Upper Darby, Delaware County, Pennsylvania. The portfolio consists of Minerva Court, a 64-unit mixed-use asset with 56 apartment units and 8 street-level commercial units, and Richfield Gardens, a 48-unit multifamily community. The properties are located within 0.5 miles of one another. The residential portion of the portfolio totals 104 apartment units and features a unit mix consisting of 40 studios, 56 one-bedroom units, and 8 two-bedroom units. The properties are located in a workforce housing market with no new multifamily development. Both assets are centrally located with convenient access to Route 1, Route 3 (West Chester Pike), Baltimore Pike, and Interstate-476 (Blue Route), providing direct access to Center City Philadelphia, University City, and the Philadelphia International Airport. Residents benefit from being within walking distance to the SEPTA 69th Street Transportation Station, the largest SEPTA Station in the suburbs and the gateway to the western suburbs, also providing access to Center City Philadelphia. The properties benefit from a diverse employment base that includes major healthcare systems, retail corridors, educational institutions, and service-sector employers throughout the Greater Philadelphia Region.
Key Highlights
- Value‑add opportunity with in‑place rents 10‑20% below market, allowing for increased revenue through renovations.
- Strategic location in Upper Darby, Delaware County, PA, a desirable workforce housing market with high occupancy and strong rental demand.
- Portfolio of 112 units (104 apartments and 8 commercial) with a diverse unit mix appealing to a broad range of renters.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 112-unit multifamily and mixed-use portfolio in Upper Darby, Pennsylvania.
Where is this apartment building located?
The property is located at 146 GARRETT ROAD Upper Darby, PA.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Value‑add opportunity with in‑place rents 10‑20% below market, allowing for increased revenue through renovations.; Strategic location in Upper Darby, Delaware County, PA, a desirable workforce housing market with high occupancy and strong rental demand.; Portfolio of 112 units (104 apartments and 8 commercial) with a diverse unit mix appealing to a broad range of renters.
