Homes for sale - 1500 N CARLISLE ST, Philadelphia, PA 19121

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Laura Pallay

laura@thepallayteam.com +1(908) 310-0613

Listed by Ryan J McManus • Keller Williams Liberty Place

$ 23,900,000

Est. payment | -/mo

100,000 SqFt

Save

$ 23,900,000

Est. payment | -/mo

Save

100,000 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 100,000 sqft

Price per Sqft $239

MLS Listing ID PAPH2483482

Year Built 2018

Available Date 2025-06-02

Annual Tax Amount $3,171

Tax Year 2024

Lot Size 1,377 Sqft

Acres 0.03

Lot Dimensions 21.00 x 66.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Introducing the Temple Nest Portfolio — oceanfront property for Temple University, the largest university in Philadelphia, Pennsylvania by enrollment. Offered at a substantial discount to replacement costs, this cash-flowing real estate portfolio presents an optimal acquisition for the student-housing sector — one of the most resilient asset classes in the industry. These furnished student-housing apartments have maintained high historical occupancy due to their convenient proximity to campus, name recognition, concentrated location (ease of management and leasing) and professional ownership/management performance. The Temple Nest Portfolio includes twenty-six (26) buildings with 100 units and 288 beds. The Temple Nest Portfolio is widely considered the preeminent off-campus student-housing operation at Temple University, featuring superior walkability to Main Campus. It's a turnkey real estate portfolio insulated by a resilient asset class (Division 1 student housing) in a Top-10 USA MSA with a high-growth trajectory. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." The Owls are a local Philly favorite for their performance in athletics and The Temple Nest Portfolio represents the best of Temple University's student-housing properties. Enquire within for pro forma financials, floorplans and full property list.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Hardwood

Heat Source Electric

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871572939

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

+1(908) 310-0613

laura@thepallayteam.com

21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ, 08502, USA

1500 N CARLISLE ST Philadelphia, PA 19121