On behalf of ownership, GREA extends to qualified investors the opportunity to acquire the fee simple interest in 5524 Pulaski Avenue situated in the historical Germantown neighborhood of Philadelphia, Pennsylvania (the “Property” or “Asset”). The Asset is comprised of 12 apartment units and features 10 garage parking spaces and 2 surface parking spaces. The Property boasts an attractive unit mix in an area that has seen significant development over the last five years. 

The Asset presents new ownership the opportunity to operate an affordable luxury apartment product that attracts young professionals looking for value in a transit-oriented location. The Property is located minutes from major highway routes including Route 1 (the Roosevelt Boulevard/Expressway) and Interstate-76 (the Schuylkill Expressway) presenting unparalleled access throughout the Philadelphia MSA. Furthermore, tenants are one block from the Chelten Avenue Train Station for SEPTA Regional Rail (Chestnut Hill West Line) carrying commuters to employers in Center City Philadelphia in 20 minutes.

The Property is well-positioned to service a growing tenant base looking for upgraded units at a discount to Mount Airy, Chestnut Hill, and East Falls. The Asset is adjacent to a full list of national retailers on Chelten Avenue, and a short drive to local coffee shops and boutiques on Germantown Avenue.