NAI CIR Sells Nittany Pointe Student Housing Near Penn State Altoona
Altoona, PA – Nittany Pointe, a student housing community adjacent to the Penn State Altoona campus, has been sold to Elevate Altoona LLC. The 30.5-acre property includes 156 units totaling 624 beds across 13 residential buildings, along with an on-site clubhouse.
Conveniently located just 0.6 miles from the Penn State Altoona campus, the property was purchased as an investment and will continue to operate as student housing under the new ownership.
Nik Sgagias of NAI CIR represented the seller in the transaction.
About NAI CIR
NAI CIR, with offices in Lemoyne and Carlisle, is Central Pennsylvania’s oldest and largest exclusively commercial industrial real estate full-service brokerage firm. Founded in 1970, the firm is consistently ranked as the top producing commercial industrial sales and leasing firm by the Central Pennsylvania Business Journal and by Real Capital Analytics. Our team has been honored as a Philadelphia Region CoStar Power Broker for 25 consecutive years.
NAI CIR is the Central Pennsylvania representative of NAI Global, an international organization of real estate professionals with connections across the world. Our transaction and management professionals are among the most experienced and successful in the business, and our platform ensures that our expertise directly benefits our clients.