Multifamily Student Housing
110 Grand Ave, Clarion, PA 16214
For Sale
$3,885,000
Established student-oriented multifamily portfolio serving PennWest University with included real estate and operational assets.
Property SizeContact for details
Days on Market105
Property Features for 110 Grand Ave
General Information
Standard status
Property subtype
Financials
Cap Rate
Business Included
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Cheyna Griggs
(814) 715-9091
Source:
Exprealty
Added: Jul 31
Changed: Oct 26
Last Checked: Nov 12 at 10:02AM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This multifamily portfolio includes 13 properties serving students associated with PennWest University. The offering comprises 89 bedrooms, 32 full baths, and 5 half baths, along with the real estate and personal property used in operations. The portfolio also includes an established website, signage, and a recognized student housing brand.
The properties are located near campus in Clarion, Pennsylvania, supporting their student-oriented use. The operating history extends across 50 years, and historical performance reflects an estimated 9.7% cap rate. Financial information is available to qualified buyers after execution of a confidentiality agreement.
The properties are located near campus in Clarion, Pennsylvania, supporting their student-oriented use. The operating history extends across 50 years, and historical performance reflects an estimated 9.7% cap rate. Financial information is available to qualified buyers after execution of a confidentiality agreement.
Key Highlights
- 13‑property multifamily portfolio serving PennWest University
- 89 bedrooms across the portfolio
- 32 full baths and 5 half baths
Property Analytics
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Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
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Business Placement
Demographics for 16214, PA
8,308
Population
4,113
Households
2
Avg Household Size
32
Median Age
40%
College-Educated
93%
High-School Grad
47.9 sq mi
ZIP Area
173
Density / Sq Mi
$53,430
Median Household Income
$23,262
Median Earnings
$872
Median Rent
$169,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Multifamily property - Established student-oriented multifamily portfolio serving PennWest University with included real estate and operational assets.
Where is this multifamily property located?
The property is located at 110 Grand Ave Clarion, PA.
What is the asking price?
The asking price for this property is $3,885,000.
What are key features of this property?
This property features: 13‑property multifamily portfolio serving PennWest University; 89 bedrooms across the portfolio; 32 full baths and 5 half baths
