As exclusive sales agent, Cushman & Wakefield is pleased to offer the opportunity to acquire DLP Kutztown, located at 2200 Lifestyle Lane, Kutztown, Pennsylvania.

DLP Kutztown is a 2008 built, fully-sprinklered 184-unit Class “A” community comprised of 23 two-bedroom w/den, three-bath units (12.5%) and 161 three-bedroom, three-bath units (87.5%) averaging 944 square feet and situated on 22.56 expansive landscaped acres.

Current ownership has repositioned the asset from its previous student orientation to fully market rate. Currently, there are only approximately 23% of the units rented to students (annual leases). The community is attractive to families locally as well as those from Allentown to Reading.

Operationally, there is opportunity for the next owner to continue to push this market rate conversion. This includes but is not limited to ensuring credit of incoming tenants and increasing RUBS to better balance utility expenses, thereby increasing yield.

In addition, there is room to enhance outdoor amenities that will increase the community appeal.

DLP Kutztown is located in Kutztown, PA, a charming small town in Berks County, known for its rich blend of rural beauty, educational significance, and cultural heritage. Home to Kutztown University, the town has a vibrant, youthful energy with access to arts, sports, and academic events. Kutztown’s historic downtown is full of quaint shops and dining options, while the annual Kutztown Folk Festival celebrates Pennsylvania Dutch culture with traditional crafts, food, and music. Surrounded by scenic farmland, the town also offers outdoor recreation and easy access to the Appalachian Trail and Leaser Lake. Located just 20 miles from Reading and about 70 miles from Philadelphia, Kutztown offers a quiet, community-oriented lifestyle with proximity to larger cities.

The property offers a modern and convenient housing option for students, faculty, and professionals looking for a prime location. DLP Kutztown boasts resort-style living with features such as private suites with spa-inspired bathrooms, smart security, in-unit washer/dryer, spacious kitchens, and ample natural light. Outside of the units, the community includes a beautiful clubhouse which serves as the hub for socializing, an outdoor terrace, and a dedicated dog park.

This property is being offered unpriced and unencumbered with debt.