Crimson Hawk Housing
IUP Student Housing | 26 Units
Marketing description
SVN Three Rivers Commercial Advisors is pleased to present 845 Maple St & 972 Wayne Ave, a 26 unit, 57 bed student housing portfolio for sale. Ideally situated just steps from the Indiana University of Pennsylvania (IUP) campus, these well positioned properties offer immediate access to campus life while delivering strong fundamentals for student housing investors.
Constructed between the 1980s and 1990s, each unit features fully equipped kitchens, updated furnishings, and on-site parking. Current rental rates are positioned below market, creating a competitive advantage that appeals to students seeking affordability in a prime location. This offers investors an opportunity for rental upside while benefiting from a highly sought-after location adjacent to a major university.
For more information and to inquire about this property visit: http://properties.svn.com/845Maple972Wayne
Investment highlights
- 26 units, 57 beds
- 73 on-site parking spaces
- 24) 2BR units, (1) 4BR unit, (1) 5BR unit
- All new furniture in 2019
- Campus adjacent location
- Consistent strong occupancy
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