PROPERTY DESCRIPTION

Central Penn College, through its real estate broker RSR Realtors, is publishing the Request for Proposals ("RFP") to sell or lease SOME of its under-utilized real estate on or adjacent to its campus in Summerdale, PA. The subjects of the RFP include development land, residential housing, and commercial buildings. CPC is especially interested in uses of the various properties that are the subject of this RFP that would enhance campus life at the College for its students, faculty and administration. THE LIST PRICE IS A PLACE HOLDER AND IS NOT MEANT TO REFLECT THE VALUE OF THE PROPERTY. This 22-acre property can be purchased individually or as part of a larger portfolio of properties available for sale and lease through a Request for Proposals. Seller's engineer has prepared a preliminary concept plan showing 84 units to be built on this site (it is a concept plan ONLY, not an approved land development plan). There is an additional 4.4 acre piece available across the street that is zoned R3 - residential multifamily. Contact listing agent to obtain a copy of the RFP and concept plan. Zoned Agricultural (A1) but subject to a "College Overlay" that would permit many uses including residential (including high density), retail, office, medical, athletic facilities and more. Development of this property by a private developer will require a text amendment, and it is understood that East Pennsboro Township would look upon such text amendment positively.