Trophy Commercial Real Estate is pleased to present 5250 Wayne Avenue, a stabilized 27-unit multifamily investment located in Philadelphia’s Germantown submarket. Situated on a prominent corner lot, this institutional-grade asset features oversized loft-style residences, strong in-place cash flow, and favorable operating fundamentals.

The property benefits from approximately 7.5 years remaining on Philadelphia’s 10-year tax abatement, providing enhanced near-term yield and tax efficiency. With durable construction, large unit sizes, and an efficient expense profile, 5250 Wayne Avenue offers investors immediate income with long-term upside.

Located in the heart of Germantown, 5250 Wayne Avenue offers direct access to SEPTA transit, neighborhood retail, and major commuter routes, including Route 1 and I-76. The surrounding area continues to see reinvestment and multifamily demand, supporting stable tenancy and long-term appreciation.

Investment Highlights

• Stabilized 27-Unit Multifamily Asset

• In-Place NOI: $356,567

• 7.51% Going-In Cap Rate at asking price

• 8.23% Cash-on-Cash Return (Year 1)

• Approximately 7.5 Years of Tax Abatement Remaining

• Average Unit Size: ~1,155 SF (oversized loft layouts)

• Efficient Expense Ratio: 22.7% of EGI

• Strong Debt Metrics: 1.49x DSCR

• Transit-Oriented Location with SEPTA bus service directly outside

• Corner Lot with strong visibility and accessibility

Property Details

• Address: 5250 Wayne Avenue, Philadelphia, PA 19144

• Asset Type: Multifamily

• Units: 27

• Rentable Area: 31,185 SF

• Lot Size: 21,459 SF (0.49 acres)

• Average Monthly Rent: $1,498

• Occupancy Assumption: 95%

Pricing

• Asking Price: $4,750,000

• Price per Unit: $175,926

• Price per SF: $152.32