$3,885,000
110 Grand AvenueClarion, PA 16214
Multifamily property · MLS 11964231 · Listed 97 days ago (Jul 30, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Rare Student Housing Investment Portfolio! Exceptional opportunity to acquire a turnkey, 50 year portfolio of 13 strategically located properties serving PennWest University. This established investment includes 89 bedrooms, 32 full baths, and 5 half baths with a proven history of stable occupancy and consistent cash flow. The sale includes the real estate, personal property, established website, signage, and a well-recognized student housing brand. Historically offering an estimated 9.7% cap rate based on current operating performance and asking price, this portfolio offers investors an established business with immediate income potential and long-term stability. Properties are conveniently located near campus, providing strong rental demand year after year. A rare opportunity to acquire a professionally operated student housing portfolio with an established reputation. Financial information available to qualified buyers upon execution of a confidentiality agreement.
Description provided by the listing brokerage.
Key facts
- Asking price
- $3,885,000
- Status
- For sale
- Property type
- MultifamilyFrom the MLS property class
- Building area
- 50,000 SFSource field LivingArea
- Land area
- 2.4 acresSource field LotSizeAcres
- Year built
- 1900
- MLS number
- 11964231
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $3,885,000
- Price per SF of building
- $78/SFAsking price ÷ 50,000 SF reported building area
- Annual taxes
- $32,439Tax year 2026
Building and site
- Stories
- 2
- Year renovated
- 2026Source field RenovationYear_C
- Reported zoning
- Multi-FamilyAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
- County
- Clarion County
Investment figures reported in the description
- Cap rate
- 9.7% (described as actual or current)"…rically offering an estimated 9.7% cap rate based on current operati…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Reported features
- Natural gas (from a listing field)
- Accessibility features reported (from a listing field)
- Near public transit (from a listing field)
- Public water (from a listing field)
- Parking reported (from a listing field)
- Furnished (from a listing field)
- Signage (from the description)“…roperty, established website, signage, and a well-recognized studen…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Parking
- Driveway
Construction
- Wood Siding
- Vinyl Siding
Roof
- Metal
- Asphalt
Water
- Public (Water Source)
Sewer
- Other
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Clarion or multifamily property in Clarion.
Why this listing is on Commercial Only
- Multi-unit income property class. (PropertyTypeDetail: multi-unit)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Guides
Listing courtesy of eXp Realty LLC. Listing agent: Cheyna Griggs. Listings provided by MyStateMLS.
Listing last modified at the source Sep 3, 2026, 1:21 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 9:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.