In the summer of 2017, MMPartners acquired West Village, a collection of multi-family properties in the vibrant Powelton Village neighborhood of University City, Philadelphia. Following the acquisition, the properties underwent comprehensive interior and exterior renovations, enhancing their appeal and functionality.
West Village is strategically located adjacent to Drexel University’s campus and directly across from Drexel Park, offering an ideal housing option for the area’s dynamic student and professional population. The portfolio includes historic brownstone apartments along Powelton Avenue, spanning from 32nd to 33rd Streets and Pearl Street, as well as a larger apartment building with an adjacent parking lot. Together, the properties comprise 83 units with a total of 144 beds.
University City is home to over 50,000 students and 72,000 jobs, with 60% of students opting for off-campus housing, making West Village a highly sought-after living option. Its prime location and consistent demand have contributed to a strong history of 100% occupancy.
To learn about LIVING at any of our completed residential properties, please visit our sister site for leasing at: http://www.pscophilly.com
