Commercial Real Estate in North Carolina available for sale
Student Housing Buildings For Sale

Student Housing Buildings for Sale in North Carolina, USA

More details for 1 Pari Dr, Rosman, NC - Specialty for Sale
  • Matterport 3D Tour

Former Satellite Tracking Facility for NASA - 1 Pari Dr

Rosman, NC 28772

  • Student Housing
  • Specialty for Sale
  • $41,054,699 CAD
  • 94,346 SF
  • Air Conditioning

Rosman Specialty for Sale

Nestled in North Carolina’s Blue Ridge Mountains, Pisgah Astronomical Research Institute (PARI) offers a rare, ready-made gateway to the stars. This scientific landmark is ready for next-gen use, from AI research and data archiving to aerospace communications, STEM education, and even quantum computing. Originally developed by NASA in the 1960s as part of the space race, this 192-acre campus helped capture the first images of Earth from space, and later, was used by the NSA during the Cold War as a key satellite communications hub. Today, the site is an International Dark Sky Park for public education, surrounded by over a half-million acres of protected national forest, ideal for astronomical observation and scientific research. But it’s not just that past that makes PARI extraordinary, it’s the future. Nearly a quarter-billion dollars of investment has primed PARI’s infrastructure to nurture the future’s innovators, technological breakthroughs, and connections to the stars. Located in an electromagnetically quiet zone, one of only about 100 in the world, PARI is decidedly positioned to leverage its institution-grade elements in an environment where few other sites can. Some of the scientific and technological highlights include two NASA-built dishes, two radio telescopes, Solar and Jupiter radio arrays, and an Eight-Meter Transient Array. Of the more than 25 optical telescopes, PARI features a Coronado Solarmax 40, Polaris 12-inch Cassegrain, SPACE 10-inch Cassegrain, and a 16-inch DFM Research Grade Telescope with a 7-inch Questar Finder Scope. Under the current owner, a nonprofit organization, PARI is utilized for STEM education, scientific research, data archiving, and facility rentals, events, and private programs. PARI has already fostered longstanding relationships with over 40 universities, including 17 institutions within the UNC system. Intriguing guests come from all around to check out PARI’s NASA heritage museum, library, classroom workshops, conference facilities, AdventureDome planetarium, space equipment control center, and a visitor-favorite radio telescope known as Smiley. Two cabins on the property are great to host events or serve as dormitories, and a 200-person cafeteria and commercial kitchen is capable of serving 500 meals per day. PARI is accessible year-round via paved roads, and the on-site helipad allows users to quickly drop in for mission-critical operations. This model outlines multifaceted revenue streams from educational tuition and grants, sponsorships, potential for AI/quantum data center development, ground station operations, and radio/optical telescope usage.

Contact:

NAI Piedmont Triad

Date on Market:

2025-08-15

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More details for 560 Evans St, Greenville, NC - Retail for Sale

560 Evans St

Greenville, NC 27834

  • Student Housing
  • Retail for Sale
  • $2,736,980 CAD
  • 2,217 SF
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More details for 271 Wallace Cir, Boone, NC - Multifamily for Sale

Campus Hill Apartments - 271 Wallace Cir

Boone, NC 28607

  • Student Housing
  • Multifamily for Sale
  • $8,621,487 CAD
  • 29,986 SF
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More details for 601 Main St, Lillington, NC - Multifamily for Sale

Meredith Square Townhomes NEAR Campbell Uni. - 601 Main St

Lillington, NC 27546

  • Student Housing
  • Multifamily for Sale
  • $7,184,572 CAD
  • 45,004 SF
  • Air Conditioning
  • Kitchen
  • Smoke Detector

Lillington Multifamily for Sale

Prime Location! Walking Distance to Campbell University- 10 minutes to growing Lillington! Units have remained 100% occupied year after year with rent increases every year. Unit occupants are a good mix of students, faculty, and general public. Units are a mix of 1 bed 1 bath (2), 2 bed 2.5 bath (33), and 3 bed 3 bath (1) with Vinyl and Brick exterior on slab, all units ground level entrance. Plenty of parking for occupants and visitors, each individually metered, all electric units. Included with each unit is Fridge, Stove, Washing Machine, Dryer, garbage dumpster, ground care. Onsite office that is currently used for storage by the property management and maintenance crew. Property management company is owed by the owners and are more than happy to continue management. Tenants are registered with online management program for rent pay and work orders. Units have been maintained as needed- All new roofs 2016, AC units and appliances have been replaced as needed, work orders are completed as they are submitted, approx. 50% of units have been replaced with LVP flooring on the main level and in the bathrooms, carpet replaced as needed. All tenants have a deposit in trust. ADDITIONALLY: 3 acres of cleared land for 24 additional units, 4 buildings with 6 units each, already addressed by Harnett County and plans in hand. All utilities are at the road. Plans will be conveyed to the buyer at closing Owner has quote for build out of 24 units and upgrading 36 units to equal the new 24 new units. Could be a total of 60 units. Note: Listing agent is part owner in the property. Buyers will be referred to buyers agent in office.

Contact:

Turlington Real Estate Group Inc.

Property Subtype:

Apartment

Date on Market:

2024-01-13

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More details for 1306 Flint Pl, Raleigh, NC - Multifamily for Sale

123 Park - 1306 Flint Pl

Raleigh, NC 27605

  • Student Housing
  • Multifamily for Sale
  • $2,189,584 CAD
  • 3,716 SF
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Student Housing Buildings For Sale

Student Housing Buildings

What is student housing?

Student housing is a formalized system of living in multi-occupancy student residences that include such features as shared kitchen and washroom facilities, main building entrances, and security systems. Student housing differs from traditional residence in that it provides for the needs of students by providing single or multiple occupancy rentable rooms without meals, programming, building maintenance or supervision.

A dorm is a student housing facility for a residential community. The student's common room, bedroom, or apartment is designed and furnished to fit their needs such as student privacy. Dormitories can range from regular student living needs (bedrooms with bathrooms) to more luxurious student residences that offer private rooms with its own bathroom inside of the room. A student residence hall is also referred to as a dormitory - both terms are used interchangeably, but usually refer to the same thing.

What should be considered when investing in student housing?

Amenities: student apartments need to have the right amenities for college students; these include things like recreation areas with pool tables / tv room / video game systems, study rooms, media rooms, mail centers with student mailboxes, fitness center & gym area (with equipment), clubhouse area or "party loft" with pool tables / basketball hoops / foosball table / video games consoles on flat screen tv's, student and staff lounge areas with kitchen / table space to play cards or board games, a computer center or computer lab with student computers for student use.

Being student-oriented, student housing should be designed with student needs in mind. Maximize student space & maximize student privacy by providing comfortable & trendy furniture. The type of student you are trying to attract will help dictate just how student oriented the furnishings should be.

How to decide on where to Purchase a student apartment to rent out?

There are factors that you should consider before purchasing an apartment building. The following will help guide you in how to decide on what type and location of property to buy as an investment:

Location is everything! Think about the location / neighborhood where you want to spend your hard earned money? If it's just a cash flow play then not really, but if it's also about having a good place for yourself or friends and family then location is important. Consider things like public transport links, shopping centers, places where students hang out (fast food joints etc.) schools & universities, sports clubs etc. Anything which will attract student population should be kept close by such as cinemas, pubs / bars / night-clubs / restaurants etc..

The following are major things you should consider when purchasing a dormitory.

You will be renting it out, so think about potential tenants and investing in a property with great amenities for the student community. Don't buy a property in an area where there is no demand and the majority of your rent will go to maintenance cost. Location is most important, next is size and condition of the building, followed by quality of finishes inside.

Do your research on the property market by doing things like reading property reports from agents, newspapers & magazines, online forums for property investors, etc. It's important that you do your research before purchasing real estate especially if it's for long-term hold strategy where holding periods of 5+ years is common.

Decide what type of property and/or type of student accommodation you want to invest in (ie; fully furnished apartments / studios / house shares / rooms). Consider the advantages and disadvantages of each student accommodation. For example; If you are purchasing a property with fully furnished apartments then the monthly rental income will be higher but there are more maintenance tasks to keep up with the furnishings.

Determine what price range you want to buy within. Some investors may be looking for good investment returns and leverage on demand / market conditions while others may simply be looking for consistent cash flow with a cash flow positive property.

While doing your research you may have identified an area or neighborhood which is in high demand with a lot of potential students, this will most likely be costly due to scarcity value. Look at areas where there are less expensive properties with affordable rent prices and still good growth potential & demand for student accommodation.

In summary, purchasing real estate as a student accommodation investment is popular. Students have less money to spend on renting an apartment / house but more time on their hand, so investing in a property that will meet their demands and quality of life requirements can prove to be profitable.

When deciding on purchasing a property always check the local market in the area you want to invest in for demand, growth potentials and vacancy rates.

Speak to a local broker to ensure any kind of zoning requirements are in place and there is enough demand by local schools.

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