A 44-acre complex of 64 two-story buildings tucked into Southwest Philadelphia’s Eastwick neighborhood is officially on the market, and it happens to be the biggest apartment property in the city. AJH Management has put International City Apartments up for sale, a 1,068-unit workforce housing complex that has quietly anchored rental life near Philadelphia International Airport since the 1970s.
The Lakewood, New Jersey-based owner purchased the property from Korman Ventures, according to The Real Deal, paying $141 million for it back in 2019. Newmark has the listing, with a team that includes Carl Fiebig, Erin Miller and Maura Kate Spellman leading the effort, per the same outlet. The complex traces back to 1976, when developer Korman built it, according to Bisnow, which also reports the property sits on 44 acres of contiguous land — a rare scale for a single residential parcel inside city limits.
A Sprawling Mix of Units Built for Everyday Renters
International City isn’t one monolithic building but a collection of sub-properties: International City Chalets at 8400 Lindbergh Boulevard, and International City Mews and International City Villas at 7900 Lindbergh Boulevard, per The Real Deal. The Chalets alone contain 420 units with private entrances, while the Mews and Villas combine for 648 apartments with semi-private or private entrances. Across the whole complex there are 92 studios, 513 one-bedroom units and 463 two-bedroom units, positioning it squarely as workforce housing.
Asking rents reflect that mission. As of August 2026, studios start at $995 a month and two-bedrooms top out at $1,530, with management dangling a month of free rent on 13-month leases to close out the summer leasing season, Bisnow reports. That works out to an average of $1.60 per square foot, according to The Real Deal — a bargain compared to the Southwest Philadelphia submarket’s $1,985 average monthly rent, per CBRE data cited by Bisnow. The same submarket recorded a 4.7% vacancy rate in the second quarter of 2026, the highest of any submarket in the region.
Value-Add Pitch Meets a Rocky Maintenance Record
Newmark’s broader marketing team for the listing also includes Chris Koehler, Marybeth Farris and Griffin McGovern, according to Bisnow, and the group is pitching International City as a value-add opportunity — real estate shorthand for a property where a new owner could pour in capital improvements and push rents higher. AJH Management has already put $5 million into upgrades at the property, per The Real Deal…