For Sale
$4,750,000
329 Prospect Ave State College, PA 16801
High-yield, fully leased student housing
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Fully leased 13,471 SF fraternity house in State College, PA.
- Built in 1993 by Wise Construction, located at 329 E. Prospect Ave.
- 9.16% cap rate and $435,168 NOI.
- Asking price: $4,750,000 ($352.61/SF).
- Zoned for 63 occupants with 26 off-street parking spaces.
Property Details for 329 Prospect Ave
- Property type
- Dormitories, Student housing
- Square Feet
- 13,471 SF
- Class
- B
Location Insight
- City
- State College
- County
- Centre
- State
- Pennsylvania
- Latitude
- 40.7944461
- Longitude
- -77.8524121
Nearby Similar for Sale
FAQs
- What type of property is this?
- Dormitory - High-yield, fully leased student housing
- Where is the dormitory located?
- The property is located at 329 Prospect Ave State College, 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: Fully leased 13,471 SF fraternity house in State College, PA.; Built in 1993 by Wise Construction, located at 329 E. Prospect Ave.; 9.16% cap rate and $435,168 NOI.
- How can I contact the broker?
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