COTTAGES ON THE POINTE

690 School St. Indiana, PA
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Quick Stats

36

Units

115

Beds

2012

Year Built

2 Blocks

Distance to Campus

Indiana University of Pennsylvania 

University Served

Investment Highlights

01

Quality Asset

Cottages on the Pointe, developed in 2013, is well-maintained and features a townhouse-style design that creates a charming atmosphere. It includes 16 on-site parking spaces and an income-generating lot with 59 spaces at 827 Wayne Avenue. 

02

Stabilized Enrollment

Indiana University of Pennsylvania has achieved stability with an enrollment of more than 9,000 students, including 7,050 undergraduates. Freshmen live on campus for their first year, while graduate and transfer students with 30+ credits can live off campus. 

03

Conversion to Conventional Leasing Opportunity

The property’s family-friendly unit mix (81% 3BR, 19% 4BR) allows for conversion to conventional leasing, targeting IUP and Indiana Regional Medical Center staff. This shift can reduce operating expenses and extend leases to 12 months. 

The Location

Contact Us

Philadelphia Office
Three Logan Square
1717 Arch Street
Suite 1410
Philadelphia PA 19103

Detroit Office
260 East Brown Street
Suite 150
Birmingham, MI 48009

Chicago Office
125 South Wacker Drive
Suite 400
Chicago, IL 60606

Tampa Office
4890 W. Kennedy Boulevard
Suite 940
Tampa, FL 33609

Atlanta Office
Three Alliance Center
3550 Lenox Road
Suite 2600
Atlanta, GA 30326

Investment Sales

Shawn Lubic
Director
215.882.3453
[email protected]
PA DRE RS291713

Kevin Larimer
Senior Managing Director
248.341.3305
[email protected]
MI DRE 6501259415

Travis Prince
Senior Managing Director
813.739.0993
[email protected]
FL DRE BK3113158

Victoria Marks
Director
678.388.2511
[email protected]
FL DRE SL 3237085

Jennifer Ayers
Senior Transaction Manager
689.244.5554
[email protected]
FL DRE SL3438021

Mortgage Banking

Aaron Moll
Managing Director
248.208.0529
[email protected]

Steve Skok
Managing Director
312.845.5164
[email protected]

Peter Benedetto
Senior Managing Director
248.208.3462
[email protected]

Trevor Friday
Director
248.224.4660
[email protected]

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COTTAGES ON THE POINTE

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

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