Wallingford South Apartments, situated in the Wallingford area in Chester, PA, benefits from proximity to Interstate 476 ("Blue Route") and Baltimore Pike, SEPTA Regional Rail access via the Media/Wawa Line, and nearby Widener University, Swarthmore College, and Neumann University. The surrounding submarket offers residents convenient access to Philadelphia (roughly 15 miles / a short commute), established retail and dining corridors, and a mix of institutional and employment demand drivers that support long-term rental demand.

Built circa 1970, current ownership has restored the property to pristine condition. In the past few years, ownership has invested significantly in the physical envelopes of the buildings, having replaced all roofs and awnings property-wide and completed unit interior repairs necessary to bring vacant units to a leasable, market-ready condition. A new owner inherits a well-maintained asset with minimal near-term capital exposure, allowing capital to be redirected toward further value-add initiatives rather than catch-up repairs.

The property consists of 38 units across four (4) buildings with paved surface parking for roughly 45 vehicles. 11 one-bedroom one-bathroom units of roughly 600 square feet and 27 two-bedroom one-bathroom units of approximately 750 square feet comprise the rent roll.

This is a true value-add offering. New ownership has an immediate opportunity to implement a utility billback (RUBS) or submetering program, shifting water, sewer, gas and electricity expenses currently absorbed by the landlord onto residents. Additionally, the property benefits from historically low tenant turnover, reflecting strong resident satisfaction and consistent occupancy. This stability, combined with in-place rents that remain below market, provides a clear runway for rent growth as leases turn over, offering a new owner embedded upside without requiring significant repositioning.

This property is being offered unpriced and unencumbered with debt.