The Largest Student Housing Project of 2020
- MAREJ
- Mar 30, 2021
- 1 min read
The Kislak Company, Inc., Moravian Student Housing Portfolio
Bethlehem, PA
Size: 26 beds in 6 homes
The portfolio is comprised of six contiguous buildings and 26 beds adjacent to Moravian College’s main campus at 128 and 130 Frankford St.; 1025 Orchard St. and 1026, 1028 and 1032 Monocacy St. Positioned just steps from campus, the buildings are exceptionally well-located and are the closest off-campus housing option available to students. At the time of sale it was the largest off-campus student housing portfolio at Moravian College.
Each building has undergone a complete, top-to-bottom reno. prior to being delivered to students, benefitting from $565K in major capital improvements inclusive of energy-efficient windows, light fixtures, stainless steel appliances, wall-mounted gas boilers and hot water heaters and laundry systems for each unit, among other upgrades to kitchens and bathrooms.
