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Cornell Student Housing Portfolio 4 Multifamily Properties Offered at $29,314,321 CAD in Ithaca, NY
EXECUTIVE SUMMARY
A rare opportunity to own a student housing portfolio in an unparalleled location just steps from Cornell University in Ithaca, New York. The portfolio is comprised of four neighboring buildings on three tax parcels consisting of a total of 50 units. Four units are ground level retail and the balance features 46 apartments of various sizes that total 112-115 beds.
The buildings are located in the heart of Collegetown, amid prestigious Cornell University, an Ivy League school established in 1865 and had a Fall 2023 enrollment of more than 26,000 undergraduate and graduate students.
Please contact a member of the listing team to sign the confidentiality agreement to receive the comprehensive offering memorandum.
The buildings are located in the heart of Collegetown, amid prestigious Cornell University, an Ivy League school established in 1865 and had a Fall 2023 enrollment of more than 26,000 undergraduate and graduate students.
Please contact a member of the listing team to sign the confidentiality agreement to receive the comprehensive offering memorandum.
PROPERTY FACTS
| Price | $29,314,321 CAD | Number of Properties | 4 |
| Price / SF | $527.26 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 55,597 SF |
| Status | Active | Total Land Area | 0.51 AC |
| Price | $29,314,321 CAD |
| Price / SF | $527.26 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 55,597 SF |
| Total Land Area | 0.51 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Ridgetop Apartments
325-327 Eddy St, Ithaca, NY 14850 |
Multifamily | 23,179 SF | 1975 | - |
| 311 Eddy St, Ithaca, NY 14850 | Multifamily | 15,684 SF | 1970 | - |
| 401 Eddy St, Ithaca, NY 14850 | Multifamily | 10,206 SF | 1985 | - |
| 109 Dryden Rd, Ithaca, NY 14850 | Multifamily | 6,528 SF | 2012 | - |
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Cornell Student Housing Portfolio
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