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Crimson Hawk Housing | 92 Units | 200 Beds | Indiana, PA
Asset ClassMultifamily, Student Housing
# Units92
# Beds: 200# Units: 92Access Data Room
overview of deal

Overview

SVN Three Rivers Commercial Advisors is pleased to present Crimson Hawk Housing, a 92-unit, 200-bed student housing portfolio for sale. ideally situated just steps from the Indiana University of Pennsylvania (IUP) campus, this well-positioned portfolio offers immediate access to campus life while delivering strong fundamentals for student housing investors. Constructed between the 1980s and 1990s, each unit features fully equipped kitchens, updated furnishings, and on-site parking. Current rental rates are positioned below market, creating a competitive advantage that appeals to students seeking affordability in a prime location. This offers investors an opportunity for rental upside while benefiting from a highly sought-after location adjacent to a major university.

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Investment Highlights

  • 86 two bedroom units, 2 four bedroom units, 4 five bedroom units
  • 188 on-site parking spaces
  • All new furniture in 2019
  • Campus adjacent location
  • Consistent strong occupancy
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1243 Oakland AveIndiana, PA 15701

Sales Team

6 PPG Place, Suite #550, Pittsburgh, PA
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Listing provided by Revere CRE