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303-Bed Student Apartment Portfolio
For Sale
Contact for pricing
Pending

2007 N 16th St, Philadelphia, PA 19121

Multi-parcel off-campus housing portfolio with private baths, in-unit laundry, controlled access, and select parking.

Property SizeContact for details
Days on Market149

Property Features for 2007 N 16th St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 87

Amenities

open floor plans
private baths
hardwood floors
stainless steel appliances
in-unit washer/dryer
rear yard
key fob entry
security cameras
Listing Agency: GREA
Listed By: Ken Wellar · License #PA 10401252368
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 5 at 12:54AM

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 apartment portfolio comprises 31 parcels containing 87 units and 303 bedrooms, positioned southwest of Temple University’s Main Campus in North Philadelphia. The buildings were constructed between 2010 and 2014 and include a mix of open layouts, private bathrooms, hardwood flooring, stainless steel appliances, and in-unit washer/dryers. Select properties also provide rear yards and off-street parking.

Security features include key-fob entry and security cameras located throughout the buildings. Each property has four to six years remaining on its respective real estate tax abatement. The portfolio is served by nearby SEPTA options, including Broad Street Line stations, the Temple University Regional Rail Station, and more than a dozen bus routes. Road access includes Route 611, Route 1, I-95, and I-76.

Key Highlights

  • 31‑parcel portfolio with 87 units and 303 bedrooms
  • Buildings constructed between 2010 and 2014
  • Four to six years remaining on respective real estate tax abatements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm Building Supply Kitchen & Bath Showroom

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

87
Residential units

Location Intelligence

Trade Area within ½ mile

2,067
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-parcel off-campus housing portfolio with private baths, in-unit laundry, controlled access, and select parking.
Where is this apartment building located?
The property is located at 2007 N 16th St Philadelphia, PA.
What are key features of this property?
This property features: 31‑parcel portfolio with 87 units and 303 bedrooms; Buildings constructed between 2010 and 2014; Four to six years remaining on respective real estate tax abatements
More about this property
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