Student Housing Portfolio | Scranton, PA
440-442 Taylor Ave, Scranton, PA 18510
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PROPERTY DETAILS
Price
$2,900,000
Cap Rate
7.63%
NOI
$221,167
Unit 1
440-442 Taylor Ave
Unit 2
437-439 Taylor Ave
Unit 3
424-426 Taylor Ave
Unit 4
401-403 N Webster Ave
Unit 5
1121 Mulberry St
Bed Count
47
Marketing Description
Equity CRE presents University of Scranton Student Housing Portfolio Offered by 570 Student Rentals, LLC & Affiliates.
The Scranton Student Housing Portfolio offers investors the opportunity to acquire a stabilized, fully operational portfolio of five student housing properties located near the University of Scranton, one of Northeastern Pennsylvania’s premier educational institutions.
Property Highlights
- 96% occupied with consistent rent roll performance across the last 12 months.
- All units leased by the bedroom, supporting per-bed income tracking.
- Tenants pay most utilities; no utility cost recorded by ownership, increasing NOI margins.
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