Trophy CRE announces acquisition and financing of Germantown multifamily property

301–03 W. School House Lane sells for $1,044,400

Philadelphia, PA — Trophy Commercial Real Estate announced the successful acquisition and financing of 301–03 W. School House Lane, a 12-unit multifamily property located in the Germantown neighborhood of Philadelphia.

Originally held by the same ownership for more than 50 years, the property features oversized apartment layouts and on-site parking. The acquisition presents a value-add opportunity with potential for operational improvements and rent optimization. Located in Northwest Philadelphia, the asset benefits from strong transit accessibility and proximity to neighborhood amenities, positioning it for long-term value creation.

The property, located at 301 W. School House Lane, is a 14,000 s/f multifamily building comprising 12 residential units. The asset traded for $1,044,400, equating to $87,033 per unit and $74.60 psf.

Trophy Commercial Real Estate facilitated the acquisition and financing as part of its continued focus on multifamily investment opportunities throughout the Philadelphia region.