- 198-unit / 567-bed purpose-built student housing community
- Minutes from Penn State Harrisburg
- 2016-vintage institutional-quality construction
- Two- and three-bedroom floor plans averaging 986 SF
- By-the-bed leasing with utilities included
- Opportunity to acquire well below replacement cost
- Flexible student, conventional, corporate or crew leasing potential
- Significant nearby energy and data center investment
NITTANY PLACE
Nittany Place is a 198-unit, 567-bed purpose-built student housing community located minutes from Penn State Harrisburg in Middletown, Pennsylvania. Built in 2016, the property features an efficient mix of two- and three-bedroom units averaging approximately 986 square feet, with by-the-bed leasing and utilities included in rent.
The offering provides investors the opportunity to acquire a modern, institutional-quality student housing asset well below replacement cost while benefiting from significant operating flexibility. Individually leased bedrooms and the property’s existing configuration support student, conventional, corporate or crew leasing without requiring substantial conversion capital. Nittany Place is also positioned near significant regional energy and digital infrastructure investment, including the planned restart of Three Mile Island Unit 1 as the Crane Clean Energy Center.
PENN STATE HARRISBURG
Penn State Harrisburg is the largest and most comprehensive of Penn State’s Commonwealth Campuses and the only campus outside University Park awarding degrees from the associate through doctoral level. The campus enrolled 4,442 in-person students in Fall 2025 and offers more than 75 academic programs across five schools, with a strong concentration of students in business, STEM and health sciences.
Enrollment has remained resilient, with Penn State Harrisburg projecting growth to 4,887 students by Fall 2028. The campus houses only approximately 800 students on-site, leaving roughly 82% of the student body to live off campus and supporting continued demand for well-located student housing in the Middletown market.
