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Sold: Burrowes Street Portfolio

November 11, 2020
Sold: Burrowes Street Portfolio
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PKA advisory team sells 4 apartment buildings for sale at S. Burrowes Street & W. Foster Avenue in State College, PA 16801. The Property is located within the heart of the Borough of State College, just east of Pennsylvania State University. It is within short driving distance of the University Park Airport and within easy walking distance of the nightlife and bustling activity of Downtown State College.

APARTMENT BUILDINGS

  • 244-246 South Burrowes Street
  • 248-250 South Burrowes Street
  • 254-256 South Burrowes Street
  • 313-315 West Foster Avenue

HIGHLIGHTS

  • 14 total units (13 residential and 1 commercial) over 4 buildings
  • Hardwood floors throughout most of the units with vinyl flooring in the bathrooms
  • All 4 buildings have been maintained well and are in good condition, with a myriad of floor plans that can be offered to prospective tenants
  • Strong demographics and growing market
  • Close proximity to Downtown State College, Pennsylvania State University, and the University Park Airport
  • Zoning: R0 – Residential Office District

The partners of Poole, Karch & Aumiller have over 90 years of combined experience buying, selling, and leasing a variety of commercial property types in Centre County, PA and surrounding areas.

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