103 Westerly Pkwy, State College, PA 16801

4 Multifamily Properties Offered at $1,600,000 in State College, PA

Asking Price $1,600,000

Property Type
Multifamily

Listing Contacts

  • Property Info

Property Overview

Add four student rentals in State College to your real estate portfolio! Penn State University demands a constant supply of rental properties due to its high population of students (47,000) and employees (44,000). The portfolio is almost fully occupied for the 2024-2025 school year and consists of 2 single family homes, a condo unit, and a double. They all reside in State College and are a short walk/drive to the university.
Capitalize on the thriving, dynamic rental market in State College with this portfolio! Contact us for more property information.
State College, PA is a college town in Central PA, which hosts ~47,000 students attending Penn State University 8 months out of the year. The university drives the strong rental market as it’s the largest public university in Pennsylvania and the 9th largest college in the U.S.

Highlights

  • Student housing portfolio with 4 properties
  • Three of the four properties are leased for 2024-2025 school year
  • Within walking/driving distance of Penn State University
  • Strong rental market
  • 2 single family homes, a residential condo, and a double

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