150 N Main St

Investment Opportunity: The Commons at Mansfield

Premier Student & Workforce Housing | Mansfield, PA

The Commons at Mansfield is a professionally managed, high-performing multifamily community comprising 47 rentable units across two attractive three-story buildings. Originally developed as 48 units, one unit has been thoughtfully converted into a centralized amenity and operations hub—housing the leasing office, resident lounge, maintenance shop, and Service Manager’s office.

Currently 97% occupied, the property delivers strong in-place cash flow and features an optimal unit mix of spacious 3- and 4-bedroom floor plans. Each residence is outfitted with central A/C, in-unit washer/dryer, sub-metered electric, and a full suite of appliances including refrigerator, stove, built-in microwave, and dishwasher—ensuring a modern and convenient living experience.

Strategic Location with Unique Lifestyle Appeal

Positioned in the heart of Tioga County, Commons at Mansfield sits just minutes from Mansfield University, making it a natural fit for students, staff, and workforce tenants alike. This vibrant community is nestled at the edge of the renowned Pennsylvania Wilds, offering unrivaled access to scenic destinations, including:

• The Pine Creek Rail Trail

• Thousands of acres of state forests

• Endless opportunities for hiking, fishing, and outdoor recreation

Located just one mile from US-15 and near the New York border, the property enjoys excellent regional connectivity, appealing to commuters working in northern Pennsylvania and southern New York.

Walkable Convenience Meets Rural Tranquility

Directly across the street, residents enjoy walkable access to CVS, Dollar General, and a state liquor store, with Walmart, McDonald’s, and other major retailers just minutes away. The setting strikes a rare balance: peaceful small-town living paired with access to modern amenities and daily conveniences.

Compelling Investment Fundamentals

• Strong Occupancy: 97% leased with diversified tenant demand

• Desirable Floor Plans: Large 3- and 4-bedroom units ideal for roommate-style living

• Turnkey Infrastructure: Operational office, leasing center, and maintenance on-site

• Natural Demand Drivers: University, outdoor recreation, and regional employment hubs

Financials Available Upon Request

To access full financials, a Confidentiality Agreement is required. Contact us today to learn more about this rare opportunity to acquire a stabilized asset in a high-barrier, high-demand market.