Philly multi-family market vs single family

[Nathan J.]

Hi all,

Does anyone have insight into the philadelphia multi-family market. Especially 2,3,4 unit buildings. I would think that good quality apartment buildings of that kind of size located say west of Temple University (and east of N 25th st) would be a great investment?

A lot of the discussion on BP regarding philly seems to focus on the single family stock in the suburbs being good cashflow opportunities; and it seems there are a lot of wholesalers & flippers that thrive on that. 

I think that good quality multifamily buildings located centrally would attract the young professional kind of crowd that wants to be able to walk places?

I would appreciate any local insight here

Thanks in advance,
Nathan