Atlantic Ave

Investment Overview

Shalamar Gardens is a unique residential development opportunity in Milroy, PA, located just a short drive from Penn State’s main campus. Phase One (1) of the community includes 57 completed units, including 16 rental units and 11 units completed and currently listed for sale – providing immediate income potential. Phase Two (2) is fully approved for an additional 40 duplexes (80 units), with core infrastructure, including the infiltration basin, already in place. This shovel-ready project offers residential developers a clear path to scale in a growing Central Pennsylvania submarket

Investment Highlights

• Prime residential development site in Milroy, PA
• Convenient access to Penn State University and major regional employers
• Infiltration basin already constructed
• Established neighborhood setting with expansion potential
• Ideal for residential developers seeking a phased project with immediate income and future upside