Portfolio For Sale • 21,944 SF
| All properties are situated in an Opportunity Zone, offering attractive tax incentives and stable investment opportunities |
| The portfolio serves The University of Scranton, providing 44 student beds across approximately 16,223 rentable square feet |
| The portfolio grosses $326,000 in annual rental income, with a low expense load of 30.5% of effective gross income |
| The Scranton multifamily submarket shows strong demand for student housing, with rents increasing by 3.3% over the past year and a manageable vacancy |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Wilkes-Barre/Scranton International | 15 min | - | 8.9 mi |