List Search

Scranton Student Housing Portfolio
Scranton, PA Hill Section

$2,275,000 USD

Portfolio For Sale  •  21,944 SF

5 Properties View all

Property Details

  • Property Type Unknown
0 Transit Score
79 Walk Score

Highlights

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

Public Transportation

AirportDriveWalkDistance
Wilkes-Barre/Scranton International 15 min - 8.9 mi
Research In Progress Research In Progress
Research In Progress Research In Progress