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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 Garden
Building Class B
Lot Size 6.78 AC
Building Size 116,320 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1965/2017
Parking Ratio 1.69/1,000 SF

Unit Amenities

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

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Furnished Units Available
  • Lounge
  • Online Services
  • Roommate Matching
  • Individual Leases Available

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 Numbers
Multiple
  • 510-S3-10C-0000
  • 510-S3-27-0000
Land Assessment
$29,227
Improvements Assessment
$294,619
Total Assessment
$323,846

zoning

Zoning Code C
C
  • Listing ID: 28796782

  • Date on Market: 2023-06-19

  • Last Updated:

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

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