Each of the brick, two-story buildings contains a mix ofapartment types. Together, they are nearly 100% occupied. Thecomplex, located southeast of Philadelphia near Woodlyn, has easyaccess to I-95, I-476 and the Philadelphia InternationalAirport.
The Philadelphia office of Marcus & Millichap listed theproperties as a single portfolio. It was the exclusive broker inthe sale to an undisclosed buyer. The selling price is well belowthe estimated 2004 median price-per-unit of $58,000, projected byM&M for apartments in the greater Philadelphia MSA.
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