1055 Philadelphia St | Indiana, PA 15701
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- LoopNet Team
1055 Philadelphia St
Indiana, PA 15701
Value-Add Student Housing | Receiver Sale · Multifamily Property For Sale
·
75 Units
INVESTMENT HIGHLIGHTS
- Seven-building, 259-bed, 102-unit portfolio in Indiana, Pennsylvania.
- Investment opportunity to acquire a value-add asset that caters to the ever-growing IUP campus (the second-most affordable college in Pennsylvania).
- Within ±0.2 miles west of Downtown Indiana, which houses numerous restaurants, retailers, and entertainment amenities.
- Unit mix includes 1-, 2-, 3-, and 4-bedroom apartment homes.
- Situated minutes northeast of the Oakland Avenue corridor that includes Indiana Mall, Aldi, Walmart, Starbucks, T.J. Maxx, and Kohl's.
PROPERTY FACTS
| Sale Condition | Auction Sale | Lot Size | 0.82 AC |
| Type of Ownership | Fee Simple | Building Size | 46,888 SF |
| No. Units | 75 | Average Occupancy | 93% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2012 |
| Apartment Style | Mid-Rise | Parking Ratio | 2.54/1,000 SF |
| Building Class | B | Parcel Number | 25-002-206 |
| Zoning | R-3 - Multi-Family Residential | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.82 AC |
| Building Size | 46,888 SF |
| Average Occupancy | 93% |
| No. Stories | 4 |
| Year Built | 2012 |
| Parking Ratio | 2.54/1,000 SF |
| Zoning | R-3 - Multi-Family Residential |
| Parcel Number | 25-002-206 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Hardwood Floors
- Island Kitchen
- Recreation Room
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Furnished Units Available
- Smoke Detector
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