The Anchorage on Kelly
4442 Ridge Ave, Philadelphia, PA, 19129, US
144 units
Description
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the Amble (the “Property”), a newly constructed, 61-unit boutique core apartment community in the heart of Old City Philadelphia. Delivered in 2023, the Property was nominated for a 2025 ULI Philadelphia Award of Excellence and leased to stabilization on a rapid timeline, standing 100% occupied today. Ground-floor retail rounds out the offering; 1,878 square feet leased to Hideaway Kava through October 2034. The Amble represents a rare opportunity to acquire a brand-new, fully stabilized asset in one of the city’s most historic and walkable neighborhoods.
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Attributes
Units
61
Occupancy
100%
Year built
2023
Total Residential SF
37,005 SF
Total Commercial SF
1,878 SF
Media
Investment highlights
- Boutique Core Offering
- Supply Cliff and Outpaced Absorption
- Full Original Tax Abatement Through 2033
- Mark-to-Market Opportunity
- Discount to Home Ownership
- Unmatched Commuter Access
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The Amble (0 Properties)
