Student Rental Portfolio - State College
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Student Rental Portfolio - State College
4 Multifamily Properties Offered at $1,300,000 in State College, PA
Investment Highlights
- Student housing portfolio with 4 properties
- Within walking/driving distance of Penn State University
- 2 single family homes, a residential condo, and a double
- Three of the four properties are leased for 2024-2025 school year
- Strong rental market
Executive Summary
Add four student rentals in State College to your real estate portfolio! Penn State University demands a constant supply of rental properties due to its high population of students (47,000) and employees (44,000). The portfolio is almost fully occupied for the 2024-2025 school year and consists of 2 single family homes, a condo unit, and a double. They all reside in State College and are a short walk/drive to the university.
Capitalize on the thriving, dynamic rental market in State College with this portfolio! Contact us for more property information.
State College, PA is a college town in Central PA, which hosts ~47,000 students attending Penn State University 8 months out of the year. The university drives the strong rental market as it’s the largest public university in Pennsylvania and the 9th largest college in the U.S.
Capitalize on the thriving, dynamic rental market in State College with this portfolio! Contact us for more property information.
State College, PA is a college town in Central PA, which hosts ~47,000 students attending Penn State University 8 months out of the year. The university drives the strong rental market as it’s the largest public university in Pennsylvania and the 9th largest college in the U.S.
Property Facts
| Price | $1,300,000 | Number of Properties | 4 |
| Price / SF | $41.28 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 31,493 SF |
| Status | Active | Total Land Area | 0.41 AC |
| Price | $1,300,000 |
| Price / SF | $41.28 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 31,493 SF |
| Total Land Area | 0.41 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Commons
249-259 E Nittany Ave, State College, PA 16801 |
Multifamily | 26,607 SF | 1974 | - |
| 518 S Garner St, State College, PA 16801 | Multifamily | 1,975 SF | 2002 | - |
| 273 W Whitehall Rd, State College, PA 16801 | Multifamily | 1,975 SF | 2002 | - |
| 103 Westerly Pky, State College, PA 16801 | Multifamily | 936 SF | 2002 | - |
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Student Rental Portfolio - State College
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