Location for Commercial Investing in Philadelphia

[Jake Lord]

Hello all! Myself and a business partner of mine have had some success investing in small multi-family in multiple markets and now we are looking to jump into the light commercial multi-family market in Philadelphia. We've done a decent amount of research on which submarkets to target, but we've found some mixed opinions on where exactly we will see the right balance of risk and reward from an appreciation and cashflow perspective. Does anybody have any insight on which neighborhoods to invest in specifically?

And an add-on question, what local resources can we tap into for new development/construction? ie. $/sqft new constructions costs