110 Grand Ave, Clarion, PA

House

For Sale

Listed price in listed location currency (USD).

$3,885,000

0090

MLS® 164166

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes $32,439

Days Active 18

Lot Size 2.399 Acres

Approx. Age 1900

MLS® Number 164166

Property Address: 110 Grand Ave, Clarion, PA, 16214-1709

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number164166

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1900

BasementCrawl Space, Finished, Full, Partial, Walk-Out Access

Driveway

Garage Spaces

HeatBaseboard, Electric, Forced Air, Hot Water, Natural Gas

A/CCentral Air, Other

Extras

Map

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