SOLD
Global Real Estate Advisors Acquires Student Housing Portfolio In Pennsylvania For $21.3M
Global Real Estate Advisors brokers deal for $21,325,000 in Pennsylvania
Student Housing
Sold 293 days ago
Summary
Sale
NATIONAL
Student Housing
A student housing property in Pennsylvania has been sold for $21,325,000. The property, located near Bloomsburg University, Temple University, and Slippery Rock University, offers a total of 799 beds. With a price-per-bed (PPB) of $26,689, this transaction represents a significant investment in the student housing market.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $21,325,000
- Market: Pennsylvania
The sale was facilitated by Kenneth (Ken) Wellar, a representative from Global Real Estate Advisors (GREA), who played a crucial role in the transaction. GREA is known for its expertise in the real estate market, particularly in Pennsylvania. With their guidance, the sale of this student housing property was successfully completed.
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Details
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 UniversityView on map
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AddressGlobal Real Estate Advisors brokers deal for $21,325,000 in Pennsylvania
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