PALOMA UNIVERSITY CITY

UNITED STATES OF AMERICA
PALOMA UNIVERSITY CITY

Address

3600 Lancaster Avenue, Philadelphia, Pennsylvania, USA

Description

Paloma University City is a purpose-built student accommodation asset in the city of Philadelphia, Pennsylvania, USA which offers modern, fully-furnished studios and one- to three-bedroom apartments with 251 beds in 126 units across three to five storeys. In addition to a range of room types, Paloma University City offers best-in-class amenities which include a two-storey 24-hour fitness and wellness centre, coworking and research lounges, a front-lobby lounge with breakfast and coffee as well as a bar and community kitchen.

Located in the heart of Philadelphia’s University City, home to prestigious universities, academic research operations, healthcare and life science companies, Paloma University City is less than 200 metres from the campus boundary of University of Pennsylvania and Drexel University and a 10-minute walk to key campus buildings. The property is also adjacent to uCity Square, a life science and technology hub with retail, residential, clinical, office, and laboratory space.

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Key Information
Year of Completion 2019
Title Freehold
No. of Units / Beds 126 units / 251 beds
Latest Property Valuation (S$ million) as at 31 December 2023 81.0