Student Rental Portfolio in State College

103 Westerly Parkway, State College, PA 16801

For Sale

936 - 1,975 SF

Student Rental Portfolio in State College

103 Westerly Parkway, State College, PA 16801

For Sale

± 0 SF

  • Student Rental Portfolio in State College
  • Student Rental Portfolio in State College
  • Student Rental Portfolio in State College
  • Student Rental Portfolio in State College

Property Details


Property Type:

Multi Family, Commercial

Price:

$1,600,000

Vacant Space:

0 SF

Zoning:

Residential

Building Status:

Existing

Number of Units:

4

Property Features


Property Highlights


  • Student housing portfolio with 4 properties
  • Fully occupied for the 2024-2025 school year
  • Within walking/driving distance of Penn State University
  • Strong rental market
  • 2 single family homes, a residential condo, and double

Project Description


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 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.

Location Description:


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 Location:




253 E Nittany Ave

Space Size: 1,555 SF SF
Offering: For Sale
Space Details:

- 0.5 AC
- 3 bedroom 2 bath condo

Space Photos:

103 Westerly Parkway

Space Size: 936 SF
Offering: For Sale
Space Details:

- 0.12 AC
- 3 bedroom 1 bath

Space Photos:

273 W Whitehall Rd

Space Size: 1,975 SF
Offering: For Sale
Space Details:

- 0.38 AC
- Duplex
- 1,975 SF
- 1 bedroom 1 bath - Apt 1
- 3 bedroom 1.5 bath - Apt 2

Space Photos:

518 S Garner St

Space Size: 1,975 SF
Offering: For Sale
Space Details:

- 0.24 AC
- Single family home with a potential basement apartment
- 1,975 SF
- 3 bedroom 2 bath

Space Photos:


103 Westerly Parkway, State College PA 16801


103 Westerly Parkway, State College PA 16801

Brokers

Kandy Weader

Senior Commercial Associate
717.843.5555

814.574.5570

kweader@bennettwilliams.com

Luke Higgins
Commercial Associate
717.843.5555

lhiggins@bennettwilliams.com

More Info