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Philadelphia — Rittenhouse Realty Advisors has arranged the $11.8 million sale of Spring Hamilton Apartments, a 114-bed student housing community located near Drexel University in Philadelphia.
The property offers 39 units with bed-to-bath parity. Community amenities include bicycle storage; on-site laundry facilities; a fitness room; a study room; and 14 on-site parking spaces. Rittenhouse represented the Denver-based buyer and the seller, University Realty, in the transaction.