Student Housing and Retail
For Sale
Contact for pricing
25 W High St, Carlisle, PA 17013
55-unit Dickinson College-area housing portfolio includes additional leaseable retail and office space.
Property SizeContact for details
Days on Market123
Property Features for 25 W High St
General Information
Standard status
Active
Property subtype
Multifamily, Retail
Listing Agency:
Feldman Ruel
Listed By:
Christopher Chadwick · License #VA 0225206248
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:55AM
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 Feldman Ruel
Investment Insights
Based on property information with market context.
Marcus & Millichap presents the Dickinson Portfolio, a for-sale offering totaling 55 housing units (140 beds) in Carlisle, Pennsylvania. The student housing portion is 98% occupied with 70% of total beds pre-leased for the 2019-2020 school year. The unit mix includes one studio unit, three one-bedroom units, 25 two-bedroom units, one two-bedroom/two-bath unit, three three-bedroom units, and 20 dorm-style units, along with six bathrooms and two kitchen/living room spaces.
The portfolio also includes retail and office spaces available to lease, providing over $41,000 of additional income per year. Two of the five properties are master leased through the university until June 2025 and include a total of 5,100 square feet of rentable commercial space plus six revenue-gaining storage garages totaling 1,820 square feet. Located at 27 W High Street, the second-floor space is occupied by a dance studio used and maintained by Dickinson College.
The housing and commercial components are within walking distance of Dickinson College’s main campus, less than one mile from Penn State Dickinson Law, and under two miles from the United States Army War College.
The portfolio also includes retail and office spaces available to lease, providing over $41,000 of additional income per year. Two of the five properties are master leased through the university until June 2025 and include a total of 5,100 square feet of rentable commercial space plus six revenue-gaining storage garages totaling 1,820 square feet. Located at 27 W High Street, the second-floor space is occupied by a dance studio used and maintained by Dickinson College.
The housing and commercial components are within walking distance of Dickinson College’s main campus, less than one mile from Penn State Dickinson Law, and under two miles from the United States Army War College.
Key Highlights
- 55‑unit Dickinson College‑area portfolio with 140 beds and student housing at 98% occupancy
- 70% of total beds pre‑leased for the 2019–2020 school year
- Student unit mix includes 1 studio, 3 one‑bedroom, 25 two‑bedroom, 1 two‑bedroom (2‑bath), 3 three‑bedroom, and 20 dorm‑style units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 17013, PA
36,578
Population
16,065
Households
2.3
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
39.2 sq mi
ZIP Area
933
Density / Sq Mi
$68,150
Median Household Income
$36,336
Median Earnings
$1,018
Median Rent
$221,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - 55-unit Dickinson College-area housing portfolio includes additional leaseable retail and office space.
Where is this apartment building located?
The property is located at 25 W High St Carlisle, PA.
What are key features of this property?
This property features: 55‑unit Dickinson College‑area portfolio with 140 beds and student housing at 98% occupancy; 70% of total beds pre‑leased for the 2019–2020 school year; Student unit mix includes 1 studio, 3 one‑bedroom, 25 two‑bedroom, 1 two‑bedroom (2‑bath), 3 three‑bedroom, and 20 dorm‑style units
