This Multifamily Property is no longer advertised on LoopNet.com.

215 Cornish Dr
Slippery Rock, PA 16057
Fall 2023 Enrollment Increase, Campus Edge · Multifamily Property For Sale · 179 Units

Investment Highlights

  • 215 Cornish Dr is an opportunity to own a fully occupied student housing portfolio of 180 units across four garden-style buildings on two lots.
  • Site amenities include a fitness center, laundry facilities, abundant parking, air conditioning, kitchen appliances, and more.
  • Benefit from high occupancy, stable enrollment, and a desirable unit mix in a quaint college town.
  • Campus Edge is a premier property at Slippery Rock University with a 100% pre-lease for Fall 2023.
  • Conveniently located within walking distance of Slippery Rock University campus and numerous restaurants, shopping, and services.

Property Facts

No. Units 179
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.48 AC
Building Size 116,320 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1965/2017
Parking Ratio 1.69/1,000 SF
Zoning R-3

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wi-Fi
  • Freezer

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Lounge
  • Online Services
  • Individual Leases Available
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 65 - 455
1+1 86 - 592 - 600
2+1 19 - 600
3+1 1 - 1,000
4+2 9 - 1,300

Property Taxes

Property Taxes

Parcel Number
510-S3-10C-0000
Land Assessment
$9,466
Improvements Assessment
$130,266
Total Assessment
$139,732
  • Listing ID: 28796782

  • Date on Market: 6/19/2023

  • Last Updated:

  • Address: 215 Cornish Dr, Slippery Rock, PA 16057

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