Three-Bedroom Short-Term Rental
For Sale
$2,395,000
321 W BEAVER AVENUE Unit 601, State College, PA 16801
Two-story suite with a full kitchen and lockable owner-accessible space.
Property Size2,008 SF
Days on Market362
Property Features for 321 W BEAVER AVENUE Unit 601
General Information
Standard status
Active
Size
2,008 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Building Details
Building Size
2,008 SF
Year Built
2027
Stories
9
Listing Agency:
Kissinger, Bigatel & Brower
(412) 334-1818
Listed By:
Erica Scott · License #RS335382
(412) 334-1818
Source:
Nelsonrealtypa
Added: Sep 4, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:20AM
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 Kissinger, Bigatel & Brower
Investment Insights
Based on property information with market context.
Unit 601 is a pre-construction, two-story short-term rental residence within The Nittany Residence Club, with entrances on Floors 6 and 7. The suite includes 3 bedrooms, 3 bathrooms, a full kitchen, and the Premier Finish Package. A lockable Owner Duplex remains accessible to the owner while the rest of the residence is rented to guests.
The nine-story condominium-hotel is planned for downtown State College at 321 W Beaver Avenue, within walking distance of Penn State University, Beaver Stadium, the Bryce Jordan Center, shopping, dining, and entertainment. Planned building amenities include a lobby, full-service coffee shop, fitness center, covered parking, 24/7 security, concierge services, professional housekeeping, and private owner storage.
Scholar Hotels is identified as the property operator. Completion is estimated for Fall 2027, and interior imagery consists of renderings subject to change.
The nine-story condominium-hotel is planned for downtown State College at 321 W Beaver Avenue, within walking distance of Penn State University, Beaver Stadium, the Bryce Jordan Center, shopping, dining, and entertainment. Planned building amenities include a lobby, full-service coffee shop, fitness center, covered parking, 24/7 security, concierge services, professional housekeeping, and private owner storage.
Scholar Hotels is identified as the property operator. Completion is estimated for Fall 2027, and interior imagery consists of renderings subject to change.
Key Highlights
- 3‑bedroom, 3‑bathroom residence with entrances on Floors 6 and 7
- Lockable Owner Duplex remains accessible while the rest of the unit is rented to guests
- Premier Finish Package with full kitchen and appliance package
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,233
Businesses Nearby
Explore this area
Business Placement
Demographics for 16801, PA
42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
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?
Short term rental property - Two-story suite with a full kitchen and lockable owner-accessible space.
Where is this short term rental property located?
The property is located at 321 W BEAVER AVENUE Unit 601 State College, PA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 3‑bedroom, 3‑bathroom residence with entrances on Floors 6 and 7; Lockable Owner Duplex remains accessible while the rest of the unit is rented to guests; Premier Finish Package with full kitchen and appliance package
