| Optimized Individual Leasing Structure: The Commons on Pratt operates on an individual studio/bed lease structure across multiple floor plans. |
| This model generates maximized rental yield per square foot while maintaining accessible price points for IUP students. |
| Recent capital improvements, including a new roof, upgraded high-speed Wi-Fi, fresh exterior/interior paint, new carpet, and vinyl plank flooring |
| On-site amenities feature an expansive fitness center, common area kitchens, shared lounges, and full laundry facilities |
| Situated directly across Pratt Drive from the IUP Eberly College of Business and adjacent to the Kovalchick Convention and Athletic Complex (KCAC) |
| Value-add potential exists for new ownership to build upon current interior renovations, driving rent growth and stabilizing long-term occupancy |
Bryan Donaldson
SVN - Three Rivers Commercial Advisors
