MMPartners acquired the Vestry Lofts in the Fall of 2017 in an off-market transaction. Our development plan entailed common area and apartment cosmetic upgrades.
Located in University City, Vestry Lofts is steps from Drexel University and University of Pennsylvania. It is comprised of 47 lofts, many bi-level with historic features, high ceilings and huge windows. The Subject property was originally built in 1917 and sits on a 45,253 SF, or 1.04-acre parcel of land, with a gross building square footage of 32,542. It is now comprised of 15 studios, 28 one beds and 3 two beds. The average unit is 679 square feet.
To learn about LIVING at any of our completed residential properties, please visit our sister site for leasing at: http://www.pscophilly.com