Address: 1156 Grant St, Indiana, PA 15701, USA
- Well-Maintained Asset: The property has been consistently maintained and operated as student housing, offering investors a stabilized, functional asset with minimal deferred maintenance.
- Proximity to IUP: Ideal Location! The property is adjacent to IUP’s campus and is surrounded by local shopping, restaurants, and other services. Bus stops are within walking distance to properties as well.
- Proximity to Homer City Energy Campus: Located near the planned Homer City Generating Station redevelopment, a transformative regional project anticipated to drive new investment, employment growth, and long-term economic activity throughout Indiana County
- Mixed-Use: Property not only relies on student housing, but also has over 8,000 SF of commercial space. These tenants serve as diversity to the asset and also amenities to the residents.
Property Description
SVN Three Rivers Commercial Advisors is pleased to present 1156 & 1176 Grant St for sale. The property, comprised of 231 beds and 141 units, has been operating as a student housing asset for Indiana University of Pennsylvania.
Located just steps from IUP’s campus, the property offers a comprehensive amenity package designed to enhance the student living experience. Amenities include a state-of-the-art fitness center, student commons with computer lounge and arcade, on-site food and beverage options including Subway and Commonplace Coffee, on-site laundry facilities, community center with party space, common area
study lounges, and green space for pets. Additional features include online payments, WIFI internet, proximity to public transportation, and available parking (additional fees apply). Students also benefit from nearby shopping and dining options, reinforcing the property’s convenience and desirability.