110 Grand Avenue, Clarion, PA 16214
Local realty services provided by:ERA Johnson Real Estate, Inc.
Listed by: cheyna griggs
Office: exp realty, llc.
MLS#:164166
Source:PA_AVBR
Price summary
- Price:$3,885,000
- Price per sq. ft.:$77.7
About this home
Rare Student Housing Investment Portfolio! Exceptional opportunity to acquire a turnkey, 50 year portfolio of 13 strategically located properties serving PennWest University. This established investment includes 89 bedrooms, 32 full baths, and 5 half baths with a proven history of stable occupancy and consistent cash flow. The sale includes the real estate, personal property, established website, signage, and a well-recognized student housing brand. Historically offering an estimated 9.7% cap rate based on current operating performance and asking price, this portfolio offers investors an established business with immediate income potential and long-term stability. Properties are conveniently located near campus, providing strong rental demand year after year. A rare opportunity to acquire a professionally operated student housing portfolio with an established reputation. Financial information available to qualified buyers upon execution of a confidentiality agreement.
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Home facts
- Year built:1900
- Listing ID #:164166
- Added:15 day(s) ago
- Updated:August 15, 2026 at 02:59 PM
Rooms and interior
- Bedroom Description:Main Level Bedroom
- Basement Description:Finished, Full, Partial
- Living area:50,000 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Water
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal
- Year built:1900
- Building area:50,000 sq. ft.
- Lot area:2.4 Acres
- Construction Materials:Multiple
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,885,000
- Price per sq. ft.:$77.7
- Tax amount:$32,439
Features and amenities
- Amenities:Cable TV Available, High Speed Internet
Parking
- Total parking spaces:90
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