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Woodbine Academy 5337 Wynnefield AvePhiladelphia PA 19131
OFFERING MEMORANDUM
Woodbine Academy CONTENTS
Exclusively Marketed by:
Beau McGettiganDirector - Investments, Greater Philadelphia(917) 819-2811Lic: [email protected]
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct yourown investigation of the property and transaction.
728 S Broad StreetPhiladelphia, PA 19146
01 Executive Summary Investment Summary 4 Location Summary 5
02 Property Description Property Features 7 Aerial Map 8 Parcel Map 9 Property Images 10
03 Demographics Demographics 23 Demographic Charts 24
Woodbine A
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Executive Summary
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Investment Summary
Location Summary
Woodbine Academy Investment Summary | 04
OFFERING SUMMARYADDRESS 5337 Wynnefield Ave
Philadelphia PA 19131COUNTY PhiladelphiaBUILDING SF 9,187 SFLAND SF 11,200 SFYEAR BUILT 1925OWNERSHIP TYPE Fee Simple
FINANCIAL SUMMARYOFFERING PRICE $625,000PRICE PSF $68.03
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 28,030 279,168 827,0882019 Median HH Income $46,465 $39,361 $42,0802019 Average HH Income $76,602 $72,085 $75,780
Current WA Enrollment: 44 Students
Current Daycare Enrollment: 33 Children
5 Full Time Teachers
3 Class Room Aides
2 Administrative Staff
1 Bus Driver
On behalf of ownership, KW Commercial GPS is proud to presentWoodbine Academy located in the Wynnefield section of Philadelphia, PA.Woodbine Academy is a private academic school established to providean effective learning environment for children in the elementary grades K-5th. The academy also provides daycare and summer day camp services.
The school is a spacious building surrounded by nearly an acre ofgreenery in a quiet section of Wynnefield. The facilities include a largecourtyard with ample space for outdoor activity. In it's continuing pursuit ofexcellence and service to the community of thirty years, WoodbineAcademy has quietly emerged as one of the city's outstanding privateelementary schools. Many of the parents of Woodbine Academy studentsattribute the school's achievements and measure its quality of educationby the strengths of its administration.
The administration has combined diverse experience in early childhoodand elementary education as well as curriculum planning and educationalmanagement. They have set high standards for their students andteachers alike. Teachers, with small groups of 10 to 20 students per class,are closely supervised and are held accountable for student progress;while students must maintain an average of 90% or better.
With a combination of experienced teachers, small groups, sophisticatedcomputers, and personalized attention to individual needs, it is no surprisethat Woodbine Academy students receive some of the highest scores inthe area in standard achievement tests.
Property improvements include Roof & Joists Replacement (2012),Commercial Light Fixtures (2014), New Fence (2014), Hot Water Heaters(2015), Porch Roof (2015), Tree Removal (2015), New EK2 Boiler (2016),New Classroom Flooring (2016), 330 Gallon Oil Tank (2017), OfficeCarpeting (2018), Class Room Carpets (2019), Gutters (2019), Interior &Exterior Painting (Current).
Woodbine Academy Location Summary | 05
Location Summary• Wynnefield is a diverse middle-class neighborhood in West
Philadelphia. Its borders are 53rd Street at Jefferson to the south,Philadelphia's Fairmount Park to the east, City Avenue (commonlyreferred to as "City Line") to the north and the Amtrak Main Linetracks to the west.
Surrounding neighborhoods include Bala Cynwyd to the north,Wynnefield Heights and Belmont Village to the east, Parkside to thesouth, and Overbrook to the west.[1] Its main commercial arteriesare North 54th Street, Bryn Mawr Avenue (2200 block), and CityAvenue. It is the home of the television station WPHL-TV (MY PHL17). It also has connections to the motion picture industry.Wynnefield is the childhood home of actor and rapper Will Smith,film producer Lee Daniels ("Monster's Ball" and "The Woodsman"),film director Charles Stone III, politico and documentary filmmakerTigre Hill.
Wynnefield is one of Philadelphia’s most widely recognizedneighborhood names. The neighborhood is known for its manybeautiful single homes, its active community organization, and itsracial diversity. A portion of St. Joseph’s University is located withinthe boundaries of this neighborhood, and commercial developmentexists in three areas: on City Avenue, along 54th Street, and nearthe intersection of Bryn Mawr and Wynnefield Avenues. Wynnefieldis defined by City Avenue and Fairmount Park, and the Bala GolfClub and Cardinal Avenue. Local politicians with Wynnefield tiesinclude Philadelphia mayor Michael Nutter, former mayor WilsonGoode, city councilman Curtis Jones, Jr, and councilwomanBlondell Reynolds Brown.
Regional Map
Locator Map
Woodbine A
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Property Description
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Property Features
Aerial Map
Parcel Map
Stacking Plan
Additional Maps
Pictures with Captions
Woodbine Academy Property Features | 07
PROPERTY FEATURESBUILDING SF 9,187LAND SF 11,200LAND ACRES .2571YEAR BUILT 1925# OF PARCELS 1ZONING TYPE RSD3BUILDING CLASS BLOCATION CLASS ANUMBER OF STORIES ThreeNUMBER OF BUILDINGS 1.5LOT DIMENSION 100 x 112NUMBER OF PARKING SPACES 12TRAFFIC COUNTS 15,855NUMBER OF INGRESSES 2NUMBER OF EGRESSES 2
Woodbine Academy Aerial Map | 08
Woodbine Academy Parcel Map | 09
Woodbine Academy Property Images | 10
Woodbine Academy Property Images | 11
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Woodbine Academy Property Images | 13
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Woodbine Academy Property Images | 21
Woodbine A
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Demographics
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Demographic Details
Demographic Charts
Woodbine Academy Demographics | 23
POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 29,412 279,999 797,791
2010 Population 26,697 266,788 783,426
2019 Population 28,030 279,168 827,088
2024 Population 29,314 286,103 850,012
2019 African American 18,450 168,842 436,792
2019 American Indian 98 899 2,648
2019 Asian 883 16,483 55,668
2019 Hispanic 1,064 12,151 58,971
2019 Other Race 317 3,672 22,708
2019 White 7,462 81,173 283,229
2019 Multiracial 810 7,995 25,712
2019-2024: Population: Growth Rate 4.50 % 2.45 % 2.75 %
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 2,428 31,260 90,120
$15,000-$24,999 1,094 12,049 32,885
$25,000-$34,999 810 9,351 26,746
$35,000-$49,999 1,258 11,991 34,246
$50,000-$74,999 1,770 15,927 45,529
$75,000-$99,999 1,059 9,452 28,508
$100,000-$149,999 1,002 11,070 35,964
$150,000-$199,999 479 5,085 17,296
$200,000 or greater 807 7,615 25,312
Median HH Income $46,465 $39,361 $42,080
Average HH Income $76,602 $72,085 $75,780
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 11,524 126,248 359,819
2010 Total Households 10,169 109,139 317,980
2019 Total Households 10,706 113,806 336,619
2024 Total Households 11,221 116,435 346,391
2019 Average Household Size 2.38 2.38 2.34
2000 Owner Occupied Housing 6,686 64,184 170,329
2000 Renter Occupied Housing 4,017 46,900 145,664
2019 Owner Occupied Housing 5,944 53,898 149,057
2019 Renter Occupied Housing 4,763 59,908 187,562
2019 Vacant Housing 1,244 15,549 43,184
2019 Total Housing 11,950 129,355 379,803
2024 Owner Occupied Housing 6,017 54,169 149,981
2024 Renter Occupied Housing 5,204 62,266 196,410
2024 Vacant Housing 1,222 15,371 42,848
2024 Total Housing 12,443 131,806 389,239
2019-2024: Households: Growth Rate 4.70 % 2.30 % 2.85 %
Source: esri
Woodbine Academy Demographic Charts | 24
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Population by Race
Woodbine Academy Demographic Charts | 25
2019 Household Occupancy - 1 Mile Radius
Average Income Median Income
2019 Household Income Average and Median
Woodbine Academy
CONFIDENTIALITY and DISCLAIMERThe information contained in the following offering memorandum is proprietary andstrictly confidential. It is intended to be reviewed only by the party receiving it fromCCL Commercial / KW Philly and it should not be made available to any otherperson or entity without the written consent of CCL Commercial / KW Philly.
By taking possession of and reviewing the information contained herein the recipientagrees to hold and treat all such information in the strictest confidence. Therecipient further agrees that recipient will not photocopy or duplicate any part of theoffering memorandum. If you have no interest in the subject property, pleasepromptly return this offering memorandum to CCL Commercial / KW Philly. Thisoffering memorandum has been prepared to provide summary, unverified financialand physical information to prospective purchasers, and to establish only apreliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligenceinvestigation. CCL Commercial / KW Philly has not made any investigation, andmakes no warranty or representation with respect to the income or expenses for thesubject property, the future projected financial performance of the property, the sizeand square footage of the property and improvements, the presence or absence ofcontaminating substances, PCBs or asbestos, the compliance with local, state andfederal regulations, the physical condition of the improvements thereon, or financialcondition or business prospects of any tenant, or any tenant’s plans or intentions tocontinue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained fromsources we believe reliable; however, CCL Commercial / KW Philly has not verified,and will not verify, any of the information contained herein, nor has CCL Commercial/ KW Philly conducted any investigation regarding these matters and makes nowarranty or representation whatsoever regarding the accuracy or completeness ofthe information provided. All potential buyers must take appropriate measures toverify all of the information set forth herein. Prospective buyers shall be responsiblefor their costs and expenses of investigating the subject property.
Exclusively Marketed by:
Beau McGettiganDirector - Investments, Greater Philadelphia(917) 819-2811Lic: [email protected]
728 S Broad Street, Philadelphia, PA 19146 powered by CREOP
