Residential Income in Clarion

$3,885,000

110 Grand Avenue, 16214, Clarion, PA

Residential Income for sale in Clarion, 110 Grand Avenue, 16214

110 Grand Avenue, 16214, Clarion, PA

$3,885,000

Type: Residential Income

Description

Rare Student Housing Investment Portfolio! Exceptional opportunity to acquire a turnkey, 50 year portfolio of 13 strategically located properties serving PennWest University. This established investment includes 89 bedrooms, 32 full baths, and 5 half baths with a proven history of stable occupancy and consistent cash flow. The sale includes the real estate, personal property, established website, signage, and a well-recognized student housing brand. Historically offering an estimated 9.7% cap rate based on current operating performance and asking price, this portfolio offers investors an established business with immediate income potential and long-term stability. Properties are conveniently located near campus, providing strong rental demand year after year. A rare opportunity to acquire a professionally operated student housing portfolio with an established reputation. Financial information available to qualified buyers upon execution of a confidentiality agreement.

Location

110 Grand Avenue, 16214, Clarion, PA

Data

Object TypeResidential Income
Purchase Price$3,885,000
Living Space0 m²
Plot Size9708.4 m²
BathroomsN/A
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard, Electric, Forced Air, Hot Water, Natural Gas
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent