The WHARTON CENTRE Investment Overview
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The Wharton Centre Multifamily and Neighborhood Revitalization Development Initiative
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- This is a new construction development of a 32 rental unit development located .7 miles from Temple University and the Cecil B. Moore Avenue train stop that is 10 minutes from Center City business district
- Project is also just across the street from the northern border of the catchment area of the Sharswood Blumberg neighborhood transformation initiative, which is a $500M Philadelphia Housing Authority initiative to revitalize its target area
- With the project being strategically squeezed between both Temple University and Sharswood Blumberg, investors can expect to experience steady asset appreciation over a 15 year period.
- Demolition of the present structures was completed December, 2019.
- The rental units will be geared towards middle class renters and feature hardwood floors, high end kitchen cabinetry, granite counter tops, stainless steel appliances, in unit washer and dryer, ceramic tile shower walls, bathroom and kitchen floors and central air..