Description

Central Penn College, through its real estate broker RSR Realtors, is publishing the Request for Proposals (RFP) to sell or lease SOME of its under-utilized real estate on or adjacent to its campus in Summerdale, PA. The subjects of the RFP include development land, residential housing, and commercial buildings. CPC is especially interested in uses of the various properties that are the subject of this RFP that would enhance campus life at the College for its students, faculty and administration. LIST PRICE IS A PLACE HOLDER AND IS NOT MEANT TO REFLECT THE VALUE OF THE PROPERTY. Approximately 4.4 acres of undeveloped land zoned Residential Multifamily (R3). The sale of this approximately 4-acre parcel is subject to subdividing it from the remainder of the parcel prior to closing. Seller's engineer has prepared a preliminary concept plan showing 20 units to be built on this site (it is a concept plan ONLY, not an approved land development plan). There is access to the land off Valley Road and there also appears to be access at the southeast corner off of 3rd Street, which is a public street with recently built townhouses that terminates at the property. Property can be purchased individually or as part of a larger portfolio of properties available for sale and lease through a Request for Proposals. There is an additional 22 acre parcel for sale across the street - concept plan shows 84 units to be built on that parcel. Contact listing agent to obtain a copy of the RFP brochure.

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Listed by: Garrett Rothman