Penn Center Apartments

2019 – 2020 RATE SHEET

 

 

·         1 Block to Campus!!!!

·         34 Unit Apartment Building

·         All units are 2 Bed/ 2 Bath

·  Secure Building with Key Access to Apartment and Bedroom

·         Security Guards

·         Two Semester Leases

·         Fully Furnished

·         Utilities Included

·         On-Site Parking Available

·         On-Site Laundry and Mailboxes

·         Roommate Matching Available

·         FRESHMEN WELCOME

 

 

Shared Bedroom Rates   Per person    
  Per Semester Per Month Total Payment Info
Payment Option 1 $1,624.00   $3,248.00 Payments due Aug. 1st and Jan. 1st
Payment Option 2   $399.88 $3,598.92 Payments due 1st of every month
Year Lease Option   $399.88 $4,798.56 Payments due 1st of every month  (May to May)
Financial Aid Option* $1,624.00   $3,248.00

Fall- $375.00 due Aug. 1st. Remaining balance due Sept. 1st

Spring- $375.00 due Jan. 1st. Remaining balance due Feb. 1st

             

(*) Grant/Loan paperwork must be submitted to and approved by GN Associates by August 1st.

Private Bedroom Rates   Per person    
  Per Semester Per Month Total Payment Info
Payment Option 1 $3,248.00   $6,496.00 Payments due Aug. 1st and Jan. 1st
Payment Option 2   $799.00 $7,191.00 Payments due 1st of every month
Year Lease Option   $799.00 $9,588.00 Payments due 1st of every month   (May to May)
Financial Aid Option* $3,248.00   $6,496.00

Fall- $375.00 due Aug. 1st. Remaining balance due Sept. 1st

Spring- $375.00 due Jan. 1st. Remaining balance due Feb. 1st

             

(*) Grant/Loan paperwork must be submitted to and approved by GN Associates by August 1st.

Rates are discounted for tenants who choose Payment Option 1.

  • Security deposit of $299.00 is required along with a completed Application and Roommate Questionnaire to confirm an apartment.
  • A parking space can be confirmed for a one-time fee of $40.00 for both semesters.

 

Please be advised that the Application and Agreement to Lease is a binding contract. In the event of a cancellation, the security deposit is non-refundable, if GN Associates locates a replacement. If tenant secures a replacement, the replacement must pay a new security deposit. Once this has cleared the bank, then the original tenant’s security deposit will be refunded, less a $50.00 processing fee. The primary responsibility for locating a replacement on the lease remains with the tenant. If a replacement is not found, the tenant will be held responsible for the full term of the lease agreement.