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Global Real Estate Advisors (GREA) Sells Pennsylvania Student Housing For $21.3M

Student Housing
1 SF
clock iconSold 1 year ago
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Summary

Sale
NATIONAL
Student Housing
1 sqft

The recently closed property transaction in Pennsylvania involved a student housing asset. The property was sold for a total price of $21,325,000. It consists of 799 beds, resulting in a price per bed (PPB) of $26,689. The deal was facilitated by Kenneth (Ken) Wellar of Global Real Estate Advisors (GREA) acting as the broker.

Summary of transaction details:

  • Property Type: Student Housing
  • Transaction Amount: $21,325,000
  • Beds: 799
  • Price per Bed (PPB): $26,689

In addition to the transaction specifics, the property is located near prominent universities, including Bloomsburg University, Temple University, and Slippery Rock University.

Players

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    2

  • Agents

    1

  • Agencies

    1

Kenneth (Ken) Wellar's profile picture
Kenneth (Ken) Wellar
Global Real Estate Advisors (GREA)-image
Founding Partner
$927M Sold

Details

Deal Summary
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SOLD
IMAGE: Kenneth (Ken) Wellar DATE: 04/21/2023 MARKET: Pennsylvania ASSET TYPE: Student Housing BROKER: Kenneth (Ken) Wellar (@Ken_Wellar_CRE) - Global Real Estate Advisors (GREA) (@Grea_Mid_Atlantic) SALE PRICE: $21,325,000 BEDS: 799 ~ PPB: $26,689 NOTE FROM BROKER: Bloomsburg University, Temple University and Slippery Rock University

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