17 E Main St, Bloomsburg, PA 17815

Listing office Capital Commercial Partners

Listing date Sep 8, 2022

Source Crexi

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Overview

This portfolio features seven properties with 257 beds, catering to student housing needs near Bloomsburg University in Bloomsburg, PA. The properties have historically maintained near 100% occupancy and collection rates. Additional income is generated from attached commercial units and over 200 parking spaces. Many units have been upgraded with features such as granite countertops, hardwood flooring, ceramic tile, large televisions (up to 86 inches), washer/dryers, dishwashers, and high-speed internet. The properties are located close to one another and offer a shuttle service to classes. The surrounding area includes shopping, grocery stores, and restaurants in the downtown area. Bloomsburg is strategically located at the crossroads of I-80 and Route 42. Bloomsburg University has a student enrollment of approximately 9,900+ students. Geisinger Heath Systems recently purchased 72.5 acres adjoining Columbia Mall to develop a new hospital, orthopedic surgery center, assisted living, welcome center, and parking garage, indicating strong growth in the area.

Suggested Use

HVAC Service Kitchen & Bath Showroom Furniture & Home Goods Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bloomsburg

County

Columbia

State

Pennsylvania

Longitude

-76.456465

Latitude

41.003669

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FAQs

What type of property is this?

Apartment building - 257-bed student housing portfolio near Bloomsburg University.

Where is this apartment building located?

The property is located at 17 E Main St Bloomsburg, PA.

What is the asking price?

The asking price for this property is $25,676,000.

What are key features of this property?

This property features: 257‑bed student housing portfolio near Bloomsburg University campus.; Near 100% historical occupancy and collection rates.; Additional income from attached commercial units and 200+/- parking spaces.