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Investment Highlights

  • Prime Student Housing Location
  • Attractive Student Housing Fundamentals
  • Value-Add Opportunity
  • 100% Pre-Leased
  • Strong Off-Campus Housing Demand
  • Attractive Current Returns

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire Kutztown Student Housing (the “Property”), consisting of 56 beds across 12 residential units located at 418-424 W. Main Street and 445 Normal Avenue in Kutztown, Pennsylvania. The offering provides investors with an established student housing investment positioned within walking distance of Kutztown University, the primary economic and cultural anchor of the Borough.
The portfolio consists of 11 student apartment units and one three bedroom, two-bathroom single-family home. The student apartments are leased on a 10-month academic-year basis, while the single-family home is currently occupied by a long-term non-student resident. The property is currently 100% pre-leased for the 2026-2027 academic year. All student units are fully furnished and include living room, kitchen, and bedroom furniture, full-size beds and mattresses, in-unit washers and dryers, and large flat-screen televisions in common living areas.
The Property benefits from a long history of strong occupancy and tenant retention, with the portfolio reporting historic 100% occupancy over the last 20 years. The units have been professionally maintained and have received ongoing capital improvements, including HVAC upgrades, replacement washers and dryers, appliance upgrades, and a comprehensive renovation of the 445 Normal Avenue residence completed in 2023.
Kutztown University provides a substantial and stable source of student housing demand. The University had 7,367 undergraduate and graduate students in Fall 2025, including 6,230 undergraduates and 1,137 graduate students. The University offers more than 130 academic areas of study and draws students from across Pennsylvania, 34 additional states, and 40 countries.
The Property offers an attractive combination of proximity to campus, established operating history, strong occupancy, and potential additional income growth. Current opportunities include capturing additional summer rental income, increasing parking revenue, and converting the 445 Normal Avenue residence to student occupancy, which could increase annual rental income based on current market rents.

Property Facts

Price $5,160,422 CAD
Price / SF $267.32 CAD / SF
Cap Rate 8.50%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 19,304 SF
Total Land Area 1.08 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
418-424 W Main St, Kutztown, PA 19530 Multifamily 17,828 SF 1900 -
445 Normal Ave, Kutztown, PA 19530 Multifamily 1,476 SF 1900 -
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  • Listing ID: 41825139

  • Date on Market: 2026-08-20

  • Last Updated:

  • Address: Kutztown Student Housing, Kutztown, PA

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