Mountfair Multifamily Portfolio

The Mountfair Portfolio comprises 8 buildings containing a total of 20 apartment units in the Fairmount neighborhood of Philadelphia. The Portfolio has a desirable unit mix with 5% one-bedroom units, 75% two-bedroom units, and 20% three-bedroom units. Mountfair is a significant value-add opportunity where new ownership could execute a renovation plan, pushing rents considerably while staying below its new construction competitors.
Residents live within walking distance of Fairmount Avenue and Ridge Avenue, both thriving retail corridors that serve Philadelphia's Francisville and Fairmount neighborhoods. The Portfolio is proximate to amenities such as Anytime Fitness, City Fitness, Aldi, Bar Hygge, Univest Bank, and Rite Aid.
Mountfair is transit-oriented, located minutes from major thoroughfares such as I-76, I-676, and I-95 providing unparalleled access to the Philadelphia MSA. Furthermore, a SEPTA train station at Broad Street and Fairmount Avenue is a short walk, carrying commuters into Center City and the Philadelphia Suburbs via the Broad Street Subway.