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112 College Ave Greensburg, PA 15601

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For Sale
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Prime Student Housing, High Occupancy

Property size:
41,600 SF

Property Features for 112 College Ave

General Information

Property type
Multifamily properties
Square Feet
41,600 SF
Class
B

Building Details

Year Built
2018
Buildings
2
Units
36

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Listing Contact
Anthony Dasta
Anthony Dasta

Listing Agency: RE/MAX Select Realty Listing Agent: Anthony Dasta

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity consists of two student housing properties in Greensburg, Pennsylvania, totaling 36 units and 41,600 square feet. The portfolio includes 112 College Ave, a 27-unit, 32,000 square foot building constructed in 2018 and currently 100% occupied. This building is in excellent condition. The second property, located at 13 N Maple Ave, comprises 8 units and presents a value-add opportunity through potential renovations and rent increases. Both properties benefit from a desirable location near three universities, ensuring strong rental demand. The asking price is $4,750,000, representing a price per square foot of $126.20 and a 6.10% cap rate. The properties are offered as a 1031 exchange opportunity. Built in 2018, the portfolio offers a blend of immediate income generation and future upside potential. The properties are classified as Class B multifamily and are situated in Westmoreland County, PA, zip code 15601.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dormitories

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Greensburg
County
Westmoreland
State
Pennsylvania
Longitude
-79.5478091
Latitude
40.3033677

FAQs

What type of property is this?
Multifamily property - Prime Student Housing, High Occupancy
Where is this multifamily property located?
The property is located at 112 College Ave Greensburg, PA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: $4,750,000 asking price for a portfolio of two student housing properties.; Multifamily property totaling 36 units and 41,600 square feet.; Class B construction, built in 2018, with two buildings.
(724) 933-6300 Call to check price and availability
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