Pheasant Glen

447 Clinton Avenue, State College, PA

Property Information
	Developer: The Oakwood Companies
	Property Type: Family
	Combined Costs: $8,802,823
	Apartment Homes: 92

Property Description
	Pheasant Glen is primarily designed to meet the affordable housing needs of the service industry supporting Penn State University. The 10.5-acre site includes 92 townhomes in 12 buildings. The development was placed-in-service in 1997. Pheasant Glen offers 68 three-bedroom and 24 four-bedroom family apartments with central AC, dishwashers, disposals and appliances. There are 60 garages and an additional 184 parking stalls, as well as outdoor play areas and a bike path that connects to an adjacent county park.

	Pheasant Glen was made possible through an equity investment of $5 million from HPI and the Heartland Properties Investment Fund IV. Mortgage financing is provided through First Union National Bank.

Rental Information
	Keystone Real Estate Group 814-235-1377
Community Information
	Chamber of Business & Industry of Centre County 814-234-1829