Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Key facts

Year Built 2017
Building Area
Land Area ()
Number of units 250

Property description

JLL is pleased to present the opportunity to acquire Maybrook, a trophy asset featuring 250 luxury apartment homes in the heart of Suburban Philadelphia’s distinguished Main Line. This generational offering sits on 36 scrupulously maintained acres and abuts the SEPTA Wynnewood Train Station. Maybrook provides the opportunity to acquire an irreplaceably located asset of scale that caters to the desires of the wealthiest suburban renters in the Philadelphia MSA.

Investment highlights

Premier Luxury Offering

Maybrook sets the standard for luxury suburban living, offering the perfect balance of amenities and intimate living space, providing an incomparable experience unlike any other product in the market. Maybrook's units average 1,071 square feet and feature contemporary living space and gourmet kitchens comprised of stainless-steel appliances, quartz countertops, undermount sinks, custom crisp white or soft gray shaker style cabinetry, under-cabinet LED lighting and modern tile backsplash options. In addition to best-in-class apartment features, the Property features an unrivaled community amenity package that is highlighted by the historic 20,000 square foot Maybrook Mansion.


Generational Main Line Location

Maybrook is located in the heart of Philadelphia’s Main Line along Lancaster Avenue in Wynnewood, a walkable community with charming boutiques, the award-winning Lower Merion School District, and premier accessibility. Maybrook abuts the SEPTA Wynnewood station, across the street from the Giant-Anchored Wynnewood Shopping Center, less than ¼ mile from Whole Foods Market, and under one mile from the 360,000 square foot Suburban Square lifestyle shopping center.


Superior Market Fundamentals

Wynnewood, in addition to the surrounding Main Line communities, is home to the most affluent population in Greater Philadelphia. Montgomery County is the third most populous and the second wealthiest county in Pennsylvania.

  • Average Resident Household Income: $245,321
  • Households Reported Earning $200k+: 52%
  • Residents Age 40+: 58%

Immediate Access To Demand Drivers

Maybrook benefits from unparalleled access to the region’s premier suburban employment hubs while maintaining direct access into downtown Philadelphia’s Central Business District. Maybrook’s 36-acre campus is less than one mile from the area’s most heavily trafficked thoroughfares including Route 1 (City Avenue), Route 30 (Lancaster Avenue), I-76 (Schuylkill Expressway), and I-476 facilitating convenient regional accessibility for residents. The Property is adjacent to the Wynnwood SEPTA Station, which is situated on the Paoli-Thorndale line, providing direct access along Route 30 to award-winning hospitals, elite private high schools, and prestigious colleges and universities.

Last Updated Date: 11 Jun 2021
Mark Thomson
Mark Thomson
Senior Managing Director, Philadelphia Office Co-Head
Broker Licenses
DE-RS0019034 MD-5000570 PA-RS292417
Carl Fiebig
Carl Fiebig
Managing Director, Capital Markets
Broker Licenses
PA - RS320618 MD - 5000439

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Last Updated Date: 11 Jun 2021

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