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The Cottages Close to Campus presents investors with luxury student townhouses one block from the Indiana University of Pennsylvania campus.
Surrounded by retail and conveniences including Commonplace Coffee, Arby’s, Subway, McDonald’s, Chipotle, and more.
Indiana is the perfect place for multifamily investment as there is a stable rental market and a majority of renter-occupied households.
Strategically placed just northeast of Pittsburgh with quick and easy access to the major roadways of Oakland Avenue and Wayne Avenue.
Indiana University of Pennsylvania enrolls approximately 9,000 students and is known as a leading public, doctoral/research university.
Consumer spending in a 2-mile radius of The Cottages on Campus is impressive with over $33 million spent on housing annually.
PROPERTY FACTS
Sale Condition
Auction Sale
Lot Size
0.74 AC
Type of Ownership
Fee Simple
Building Size
24,176 SF
No. Units
19
Average Occupancy
89%
Property Type
Multifamily
No. Stories
2
Property Subtype
Apartment
Year Built
2013
Apartment Style
Low-Rise
Parking Ratio
1.5/1,000 SF
Building Class
B
Parcel Number
24-005-620.01
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
No. Units
19
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
B
Lot Size
0.74 AC
Building Size
24,176 SF
Average Occupancy
89%
No. Stories
2
Year Built
2013
Parking Ratio
1.5/1,000 SF
Parcel Number
24-005-620.01
AMENITIES
UNIT AMENITIES
Microwave
Refrigerator
Oven
Stainless Steel Appliances
Tub/Shower
Walk-In Closets
Wi-Fi
Island Kitchen
SITE AMENITIES
24 Hour Access
Laundry Facilities
Furnished Units Available
Meal Service
Listing ID: 33413852
Date on Market: 10/4/2024
Last Updated:
Address: 948-950 Wayne Ave, Indiana, PA 15701
The Multifamily Property at 948-950 Wayne Ave, Indiana, PA 15701 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
