Slippery Rock Multifamily
For Sale
$11,000,000
101-916 Cameron Dr, Slippery Rock, PA 16057
222-unit multifamily portfolio near Slippery Rock University.
Property Size132,638 SF
Days on Market170
Property Features for 101-916 Cameron Dr
General Information
Standard status
Active
Size
132,638 SF
Property subtype
Multifamily
Building Details
Building Size
132,638 SF
Listing Agency:
SVN | Three Rivers Commercial Advisors
(724) 272-4225
Listed By:
Bryan Donaldson · License #PA #RS273805
(724) 272-4225
Source:
Svn
Added: Mar 6
Changed: Aug 22
Last Checked: Aug 23 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Significant value‑add opportunity: Increase gross income by an estimated $375,000 annually.
- Prime location: Walking distance to Slippery Rock University.
- Strong enrollment growth: Ensuring continued demand for housing.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 16057, PA
14,327
Population
6,171
Households
2.3
Avg Household Size
29
Median Age
28%
College-Educated
96%
High-School Grad
88.7 sq mi
ZIP Area
162
Density / Sq Mi
$56,285
Median Household Income
$16,957
Median Earnings
$858
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 222-unit multifamily portfolio near Slippery Rock University.
Where is this apartment building located?
The property is located at 101-916 Cameron Dr Slippery Rock, PA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Significant value‑add opportunity: Increase gross income by an estimated $375,000 annually.; Prime location: Walking distance to Slippery Rock University.; Strong enrollment growth: Ensuring continued demand for housing.
