101-916 Cameron Dr Slippery Rock, PA 16057

This is an opportunity to acquire a five-property, 222-unit multifamily portfolio located in Slippery Rock, Pennsylvania. The properties are located within walking distance of Slippery Rock University, a public university with over 8,500 students. The university is located approximately one hour north of Pittsburgh, Pennsylvania, with convenient access to major highways. The properties are also near national and local retailers on and around the university campus. As of Fall 2025, Slippery Rock University enrolled 8,625 students. This marks the fourth consecutive year of enrollment growth and the most significant enrollment increase year-over-year (2.75%) since 2016. The university has 1,549 full-time, first-year undergraduate students, which is the largest freshman cohort since 2019. The current ownership has not fully aligned rents with prevailing market rates in Slippery Rock, presenting a value-add opportunity. Converting all units to exclusively annual leases would stabilize occupancy and increase revenue. Currently, 62% of leases are on annual terms. Converting the remaining units and aligning all rents with current achieved levels would generate an estimated $375,000 in additional gross income annually. The properties have been family owned and operated since 1987 and are being offered for sale for the first time.