Se Connecter/S’inscrire
Votre courriel a été envoyé.
Benchmark II 440-450 S Grant St 36 Unité Immeuble d’appartements 20 582 861 $ CAD (571 746 $ CAD/Unité) 6,08% Taux de capitalisation West Lafayette, IN 47906
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 144-bed student housing asset in West Lafayette, IN
- (34) 4-Bed / 1.5-Bath units and (2) 4-Bed / 2-Bath units
- Master lease in-place with Purdue through the 2027/2028 school year. Stable, risk-free cash flow
- Located on Big 10 Purdue University campus
- Asset consisting of 2 buildings constructed in 1986
- Possible future on-campus redevelopment opportunity
RÉSUMÉ DE L'ANNONCE
OVERVIEW
Triad Real Estate Partners is pleased to present Benchmark II Student Apartments on the campus of Big 10 Purdue University. The Apartments are located on the southeast side of Purdue's West Lafayette campus, about one block away from the College of Veterinary Medicine and approximately four blocks from the Purdue Memorial Union as well as Krannert School of Management and Rawls Hall. Chauncey Village is also a short walk (restaurants, Target and numerous other shopping locations).
The unit mix consists of (36) 4 Bedroom apartments, 144 beds. Purdue University has a master lease in-place through the 2028 school year with 5% rent bumps every school year. Purdue provides the furniture for all the units. Amenities include dishwashers, private bedrooms, cable and highspeed internet access in each bedroom, on-site laundry facilities, resident on and off-street parking.
UNIVERSITY
Purdue University is a renowned public institution located in Indiana, with an enrollment of over 55,000 students. Established in 1871, it has developed a strong reputation as a leading research university. Over the years, Purdue has consistently contributed to advancements in various fields, fostering innovation and scholarship among its diverse student body. The university's commitment to excellence in education and research has solidified its status as a premier destination for students seeking a rigorous and impactful academic experience.
OPPORTUNITY
This property is a prime investment opportunity for buyers seeking a well-located property near a major university. With Purdue University holding a master lease through the 2028 academic year and a planned 5% increase in rent annually, investors can expect reliable income and potential for growth. The high demand for student housing in this area, driven by the university's large enrollment, suggests a stable market for rental properties. Additionally, the inclusion of furnished apartments and essential amenities enhances the appeal to prospective tenants, making this property a strategic addition to any real estate portfolio.
Don't miss this opportunity to own 144 beds on the Purdue University campus with the possibility of a redevelopment play in the future.
Triad Real Estate Partners is pleased to present Benchmark II Student Apartments on the campus of Big 10 Purdue University. The Apartments are located on the southeast side of Purdue's West Lafayette campus, about one block away from the College of Veterinary Medicine and approximately four blocks from the Purdue Memorial Union as well as Krannert School of Management and Rawls Hall. Chauncey Village is also a short walk (restaurants, Target and numerous other shopping locations).
The unit mix consists of (36) 4 Bedroom apartments, 144 beds. Purdue University has a master lease in-place through the 2028 school year with 5% rent bumps every school year. Purdue provides the furniture for all the units. Amenities include dishwashers, private bedrooms, cable and highspeed internet access in each bedroom, on-site laundry facilities, resident on and off-street parking.
UNIVERSITY
Purdue University is a renowned public institution located in Indiana, with an enrollment of over 55,000 students. Established in 1871, it has developed a strong reputation as a leading research university. Over the years, Purdue has consistently contributed to advancements in various fields, fostering innovation and scholarship among its diverse student body. The university's commitment to excellence in education and research has solidified its status as a premier destination for students seeking a rigorous and impactful academic experience.
OPPORTUNITY
This property is a prime investment opportunity for buyers seeking a well-located property near a major university. With Purdue University holding a master lease through the 2028 academic year and a planned 5% increase in rent annually, investors can expect reliable income and potential for growth. The high demand for student housing in this area, driven by the university's large enrollment, suggests a stable market for rental properties. Additionally, the inclusion of furnished apartments and essential amenities enhances the appeal to prospective tenants, making this property a strategic addition to any real estate portfolio.
Don't miss this opportunity to own 144 beds on the Purdue University campus with the possibility of a redevelopment play in the future.
FAITS SUR LA PROPRIÉTÉ
| Prix | 20 582 861 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 571 746 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,51 AC |
| Taux de capitalisation | 6,08% | Taille du bâtiment | 59 736 pi² |
| Multiplicateur du loyer brut | 12.01 | Occupation moyenne | 100% |
| Nombre d’unités | 36 | Nombre d’étages | 3 |
| Type de propriété | Immeuble residentiel | Année de construction | 1983 |
| Sous-type de propriété | Appartement | ||
| Zonage | PUD - Développement urbain planifié | ||
| Prix | 20 582 861 $ CAD |
| Prix par unité | 571 746 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,08% |
| Multiplicateur du loyer brut | 12.01 |
| Nombre d’unités | 36 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,51 AC |
| Taille du bâtiment | 59 736 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 3 |
| Année de construction | 1983 |
| Zonage | PUD - Développement urbain planifié |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Balcon
- Chauffage
- Ventilateurs de plafond
- Tapis
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 4+1.5 | 33 | - | 1 538 |
| 4+2 | 3 | - | 1 538 |
1 1
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 220 475 $ CAD | |
| Évaluation du terrain | 7 674 858 $ CAD | Évaluation totale | 9 895 334 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
7 674 858 $ CAD
Évaluation des bâtiments
2 220 475 $ CAD
Évaluation totale
9 895 334 $ CAD
1 de 7
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
1 de 1
Présenté par
Benchmark II | 440-450 S Grant St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.