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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime Location: Within walking distance of Syracuse University, these properties offer ideal housing options for students
- Long-Term Growth: Market supported by a major university with consistent enrollment, providing a stable tenant base
- Turn-Key & Furnished: All units are delivered fully furnished with modern finishes, supporting strong leasing velocity and premium per-bed rents.
- Modern Amenities: Hot tubs, entertainment decks, fireplaces, refinished hardwood floors, and a new on-site gym underway for Winter 2025–2026.
- Loft Units Command Premiums: Select properties include loft units generating $1,632 per month, significantly above portfolio averages. These units fea
RÉSUMÉ DE L'ANNONCE
Global Real Estate Advisors (GREA) exclusively offers to investors the opportunity to acquire the fee simple interest in a strategically located student housing portfolio near Syracuse University. A private research institution located in the heart of Central New York, SU has grown its academic divisions to 13 schools and colleges since opening in 1870. With more than 40 research centers and institutions, Syracuse is one of 39 private doctoral universities nationwide with an R1 Carnegie Classification.
Approximately 8,000 students live on campus, primarily undergraduate students, as SU requires most first- and second-year students to live on campus. 50% of undergraduates live off campus. Many students move off-campus after their first or second year, particularly to areas close to the University, such as the neighborhoods surrounding University Hill and Westcott. SU’s student population continues to grow, creating sustained demand for housing.
The portfolio consists of 4 renovated historic student housing properties located approximately three blocks from Syracuse University and the Westcott Commercial District.:
536 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms
548 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms (operated 7 to 8 historically; buyer determines future use)
543-545 Clarendon Street: 3 units with 6 bedrooms and 3 bathrooms (operated as 7 historically; buyer determines future use)
702-704 Lancaster Avenue: 4 units with 8 bedrooms and 4 bathrooms
The properties feature hardwood flooring, updated building systems, on-site laundry, off-street parking, porch or deck, fireplace, workout area, and hot tub (not available in all properties).
This offering presents an exceptional opportunity for investors seeking exposure to the student housing sector in one of the Northeast's most reputable college towns.
Approximately 8,000 students live on campus, primarily undergraduate students, as SU requires most first- and second-year students to live on campus. 50% of undergraduates live off campus. Many students move off-campus after their first or second year, particularly to areas close to the University, such as the neighborhoods surrounding University Hill and Westcott. SU’s student population continues to grow, creating sustained demand for housing.
The portfolio consists of 4 renovated historic student housing properties located approximately three blocks from Syracuse University and the Westcott Commercial District.:
536 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms
548 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms (operated 7 to 8 historically; buyer determines future use)
543-545 Clarendon Street: 3 units with 6 bedrooms and 3 bathrooms (operated as 7 historically; buyer determines future use)
702-704 Lancaster Avenue: 4 units with 8 bedrooms and 4 bathrooms
The properties feature hardwood flooring, updated building systems, on-site laundry, off-street parking, porch or deck, fireplace, workout area, and hot tub (not available in all properties).
This offering presents an exceptional opportunity for investors seeking exposure to the student housing sector in one of the Northeast's most reputable college towns.
FAITS SUR LA PROPRIÉTÉ
| Condition de vente | Ventes de portefeuille | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 14 500 pi² |
| Statut | Actif | Superficie totale du terrain | 0,44 AC |
| Nombre de propriétés | 4 |
| Condition de vente | Ventes de portefeuille |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 4 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 14 500 pi² |
| Superficie totale du terrain | 0,44 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 702 Lancaster Ave, Syracuse, NY 13210 | Immeuble residentiel | 4 000 pi² | 1910 | - |
| 548 Clarendon St, Syracuse, NY 13210 | Immeuble residentiel | 4 000 pi² | 1920 | - |
| 536 Clarendon St, Syracuse, NY 13210 | Immeuble residentiel | 3 500 pi² | 1924 | - |
| 543 Clarendon St, Syracuse, NY 13210 | Immeuble residentiel | 3 000 pi² | 1908 | - |
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28-BEDS NEAR SYRACUSE UNIVERSITY
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