Apartments For Sale • 160,368 SF
| Owned and self-managed by out-of-state partnership for the past 20+ years |
| $157,000+ of organic revenue growth by capturing current loss-to-lease |
| Strong historical occupancy; currently 97% |
| Many recent capital improvements including new roofs, new boilers (4 of 8), replaced fire panels and repaved parking lot (2018-2024) |
| 68% of units are two- or three-bedroom floor plans |
| Walking distance to Mercyhurst University and a short drive to all of Erie’s major colleges and universities |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Erie Amtrak Station (Lake Shore Limited - Amtrak) | 7 min | - | 3.2 mi |
| Airport | Drive | Walk | Distance |
| Erie International/Tom Ridge Field | 19 min | - | 8.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 320 |
| Type: | Surface |
| Included in Rent: | Yes |