Student Housing Buildings For Sale

More details for 2455 S Gaylord St, Denver, CO - Multifamily for Sale

Steel Rose - 2455 S Gaylord St

Denver, CO 80210

Student Housing
Multifamily for Sale
$5,679,484 CAD
8,639 SF

Air Conditioning

Denver Multifamily for Sale - Colorado Blvd/I-25

Steel Rose is a renovated, 10-unit student housing community located in Denver, CO and is with walking distance to the University of Denver. Built in 1968 and situated on 0.29 acres, the three-level, garden-style brick building features spacious two-, three-, and four bedroom units. Some amenities include stainless-steel appliances, ceiling fans, and highspeed internet access. On-site laundry facilities and 6 off-street parking spaces are provided. Some capital improvements include new flooring, cabinets, countertops, bathrooms, hardware and more! Steel Rose also has professional landscaping that features a blend of open green spaces and mature shade trees that accent the property.

Contact:

Unique Properties, Inc.

Property Subtype:

Apartment

Date on Market:

2024-10-30

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More details for 2623 Ellendale Pl, Los Angeles, CA - Multifamily for Sale

Trojandale - Student Housing at USC! - 2623 Ellendale Pl

Los Angeles, CA 90007

Student Housing
Multifamily for Sale
$15,237,640 CAD
17,099 SF

Air Conditioning
Private Bathroom
24 Hour Access
Kitchen
Pool
Smoke Detector

Los Angeles Multifamily for Sale - Koreatown

*Trojandale is owned and operated by CDI Management. The property is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately. Best property in the Student housing area surrounding the USC Campus. One of the only properties with a subterranean garage in the area. Fully occupied by students since an enormous rehab and renovation in 2005. Professionally property managed by the in area operator for 20 years. For Sale: Exquisite Student Housing at USC in the Heart of North University District Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of 8 two-bedroom apartments and 12 one- bedroom apartments, providing ample options for students. Exclusively occupied with USC students since 2004. There are preliminary plans to add 14 Studio Units, 6 additional units by right and 8 Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $396,000 annually. Additionally, there is opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom thus further increasing rent potential. Step inside to find spacious living areas flooded with natural light, elegant finishes, and a vibrant community atmosphere. Enjoy luxurious amenities, including a state-of-the-art kitchen, high-speed internet, and on-site laundry facilities. The beautifully landscaped interior courtyard offers a serene escape, perfect for socializing and relaxation. Additional conveniences include one of the only fully subterranean parking garages in the area, ensuring hassle-free access for residents. Located within walking distance from USC, this exceptional luxurious property offers easy access to campus, local dining, and entertainment, making it the ideal choice for students who want the best of both worlds: a serene retreat and a lively neighborhood. Renting to university students can be a smart strategy for property owners, particularly when trying to shield investments from the potential impacts of rent control. Every year the students lease from August 1st to July 31st during the school year and vacate as they graduate giving the owner the opportunity to increase rents to market levels annually. Don’t miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury—schedule a viewing today!

Contact:

Total Realty Group

Property Subtype:

Apartment

Date on Market:

2024-10-25

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18444 Plummer St

Northridge, CA 91325

Student Housing
Retail for Sale
$12,190,112 CAD
16,224 SF

Northridge Retail for Sale - Western SFV

16,224 SF freestanding building situated on a 1.46-acre lot at the prominent intersection of Reseda Blvd and Plummer St. Redevelopment potential for investors interested in alternative uses. Site has potential for higher density residential or student housing, buyer to verify. Located at the southeast corner of a busy intersection (68,144 CPD), offering exceptional frontage and high traffic visibility with two existing pylon signs providing high-impact signage.

Contact:

Cypress Retail Group

Property Subtype:

Freestanding

Date on Market:

2024-10-10

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More details for 31 Court St, Binghamton, NY - Retail for Sale

29-31 Court - 31 Court St

Binghamton, NY 13901

Student Housing
Retail for Sale
$1,606,878 CAD
5,087 SF

Binghamton Retail for Sale - Broome County

For sale are two premium mixed-use buildings in the heart of Downtown Binghamton, a vibrant area known for its bustling student population. Located just steps from Water St, these buildings are perfectly positioned near approximately 1,300 student beds, ensuring a constant flow of foot and vehicle traffic. With a daily traffic count of 5,391 vehicles and a walkability score of 90, this "walker’s paradise" offers unparalleled access to Binghamton’s top restaurants, clubs, shops, and amenities. These buildings feature ground-floor retail with student apartments above—an investment in the city’s most sought-after location.

Contact:

SVN | Innovative Commercial Advisors

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-09-03

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The Block Portfolio

Student Housing
Multifamily for Sale
$28,397,419 CAD
21,312 SF
3 Multifamily Properties

Boulder Portfolio of properties for Sale

Price Reduced! CU Boulder Student Housing opportunity at 1005-1027 14th St. This is the best location on The Hill - just a block from campus! Zero vacancy historically. 6+% average rent growth. The block consists of 3 properties on 1 parcel. Each property is unique from the other, consisting of 63 total bedrooms. 1005 14th is a new construction building built in 2018 with an underground parking garage. 1019 14th is a 20-bed property with a Greek organization master lease and 1027 14th is an 8-bed duplex with an additional carriage house in the back. The properties historically have 0% vacancy, pre-lease well in advance, and are 100% pre-leased for the '26-'27 year.

Contact:

Pinnacle Real Estate Advisors

Property Subtype:

Multi Family

Date on Market:

2024-07-17

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Riverwoods Business Park

Student Housing
Office for Sale
$27,947,216 CAD
119,975 SF
2 Office Properties

Provo Portfolio of properties for Sale - Utah County

Riverwoods Portfolio is a premier office investment located in Provo’s most established and sought-after business district, immediately adjacent to the Shops at Riverwoods. The property offers a rare combination of a true campus-style setting, mountain views, and walkable access to dining and retail amenities, creating an environment that continues to attract and retain high-quality tenants. The portfolio benefits from exceptional proximity to Brigham Young University (BYU) and Utah Valley University (UVU), providing access to a deep and educated labor pool. Surrounding uses include executive housing, multifamily, student housing, and hospitality, reinforcing the area’s long-term appeal as both a business and lifestyle destination. Riverwoods represents a rare opportunity to acquire a well-located, institutional-quality office portfolio in a supply-constrained submarket with strong fundamentals and long-term demand drivers.

Contact:

Colliers International

Date on Market:

2024-07-16

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500 Dairy Pak Rd

Athens, GA 30607

Student Housing
Industrial for Sale
$4,502,030 CAD
42,000 SF

Athens Industrial for Sale - North Athens

Rare 42,000 SF Industrial Building with 2 acres of secured outdoor storage in town located less than 2 miles from Downtown Athens and the University of Georgia. This Facility has Clarke County's Heaviest Industrial Zoning of (I), CSX rail spur, 2 acres of fenced paved storage, and climate control systems in the warehouse. Approximately 4,500 SF of office not including the bonus mezzanine office. The building has 2 Dock doors and 4(14x14) Drive-in doors. Industrial Opportunity in Transformative Urban Landscape Strategic IOS Facility situated on CSX rail in a dynamically evolving intown industrial district. The property is positioned at the nexus of an emerging live-work-play environment, surrounded by innovative urban amenities including craft breweries, vibrant music venues, and trendy restaurants. Emerging high-end multi-family and student housing developments are rapidly transforming the area into a sought-after destination. Key Attributes: CSX rail access Located in transitioning urban industrial zone Proximity to emerging lifestyle amenities Adjacent to future Athens Greenway project on government-owned land Strategic positioning for diverse commercial opportunities The surrounding infrastructure and urban redevelopment signals significant potential for future value appreciation and adaptive reuse opportunities.

Contact:

Oxbow Real Estate

Property Subtype:

Warehouse

Date on Market:

2024-07-07

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More details for 1223 N Avenue 56, Los Angeles, CA - Multifamily for Sale

5.29% CAP w/ 57% Rental Upside by York Blvd. - 1223 N Avenue 56

Los Angeles, CA 90042

Student Housing
Multifamily for Sale
$3,213,757 CAD
5,794 SF

Los Angeles Multifamily for Sale - Glendale

1223 N. Ave 56 is a 10-unit, value-add property situated on a spacious 12,603 SF lot, just a block north of York Boulevard—the artistic heart of Highland Park. This vibrant area is home to popular spots like Kumquat Coffee, Block Party, The York, Joy, Collage Coffee, and more. Located only 1.5 miles from Occidental College, the property can serve as an off-campus housing option. Built in 1950 and 1953, this property consists of (4) 2-bdrm. units and (6) 1-bdrm. units spread across (3) 2-story buildings, and is currently 20% vacant, offering immediate leasing potential. The property is listed at $232,000 per unit, $184 per SF of land, with a 5.29% CAP rate and a 12.14 GRM based on current rents. This property presents a notable value-add opportunity, with approximately 57% rental upside. At projected market rents, it is expected to stabilize at a 10.19% CAP rate and a 7.54 GRM. Additional property features include automatic gated entry and nine surface tandem parking spaces. 1223 N. Ave 56 is available for individual purchase or as part of a portfolio with a 16-unit property located one mile away at 144 S. Ave 55. For more information, please contact Kenny Stevens.

Contact:

Compass

Property Subtype:

Apartment

Date on Market:

2024-06-21

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More details for 144 S Avenue 55, Los Angeles, CA - Multifamily for Sale

5.03% CAP & 72% Upside by Figueroa St. - 144 S Avenue 55

Los Angeles, CA 90042

Student Housing
Multifamily for Sale
$5,142,011 CAD
11,048 SF

Air Conditioning
Kitchen

Los Angeles Multifamily for Sale - Glendale

144 S. Avenue 55 is a well-maintained 16-unit courtyard-style property located 1 block south of Figueroa St, the commercial hub of Highland Park. Notable tenants of this lively hub include Highland Park Bowl, Go Get ‘Em Tiger, Mendocino Farms, Highly Likely, Blind Barber and more. In addition, the property is approx. 2 miles from Occidental College, and could potentially be an off-campus student housing option. Built in 1961, this courtyard-style property features (3) 2-bdrm. units & (13) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit. The property presents a substantial value-add opportunity with approx. 72% rental upside. At projected market rents, the property will stabilize at a 10.53% CAP and 7.43 GRM. 144 S. Avenue 55 can be purchased individually or in conjunction with a 10-unit property with approx. 66% rental upside, located 1 mile away (1223 N. Avenue 56). Please contact Kenny Stevens for more info at Kenny@KennyStevensTeam.com.

Contact:

Compass

Property Subtype:

Apartment

Date on Market:

2024-06-21

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More details for 831 Varnum St NE, Washington, DC - Multifamily for Sale

Religious or Multifamily Property - 831 Varnum St NE

Washington, DC 20017

Student Housing
Multifamily for Sale
$7,480,296 CAD
18,616 SF

Washington Multifamily for Sale - Northeast

831 Varnum St NE, Washington, DC is a four-story, 18,616± SF building ideal for student housing, group home, or religious house. It boasts move-in ready condition, having been well maintained and recently renovated. Along with over 32 current bedrooms and offices, the property’s extensive amenities include a full commercial kitchen, group dining area with outdoor patio seating, existing chapel, various room layouts, multiple common areas and libraries, elevator service, excess land for parking expansion, backup power generator, and a full sprinkler system. This meticulously maintained property, with recent roof replacement and excess power capacity, presents an unparalleled opportunity for purchasers seeking a prestigious and versatile asset in a prime Washington DC location.

Contact:

NAI The Michael Companies, Inc.

Property Subtype:

Dormitory

Date on Market:

2024-06-13

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2005 Magnolia Ave

Los Angeles, CA 90007

Student Housing
Multifamily for Sale
$2,159,435 CAD
4,620 SF

24 Hour Access

Los Angeles Multifamily for Sale - Koreatown

Situated at 2005 Magnolia Avenue, Los Angeles, CA 90007, this high-demand multifamily asset offers an exceptional investment opportunity just minutes from the University of Southern California (USC). The property features two expansive units totaling 14 bedrooms and 4 bathrooms across 4,620 square feet, making it ideal for student housing or Airbnb. With R4 zoning and existing plans for an ADU, there's significant potential to increase density and maximize returns. Located on a 5,965 square foot lot in the Standard SLC area, it's well within biking distance to USC and easily accessible by public transportation, ensuring strong and consistent tenant demand. Listed at just $389.61 per square foot, with operating expenses of only $13,260 and a net operating income of $154,740, this property already performs at a high level — with room to grow. Whether you're seeking immediate cash flow, future development upside, or both, 2005 Magnolia Avenue delivers historic charm, unbeatable location, and serious investment potential in the heart of Los Angeles.

Contact:

RE/MAX ALLIANCE GROUP

Property Subtype:

Apartment

Date on Market:

2024-06-07

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More details for 16770 Redwood Lodge Rd, Los Gatos, CA - Specialty for Sale

Laurel Mill Lodge - 16770 Redwood Lodge Rd

Los Gatos, CA 95033

Student Housing
Specialty for Sale
$7,383,329 CAD
4,431 SF

Waterfront

Los Gatos Specialty for Sale - Outlying Santa Cruz Cnty

This 34-acre retreat offers private campground zoning and is a 35-minute drive from the San Jose Airport. The main Lodge is 4,413 square feet and features a caretaker's apartment, conference room, large kitchen, offices, & more. Accommodations include eight cabins totaling 1,536 sq ft, each with half baths, electric fireplaces, fold-out couches, and loft beds. Additionally, six dorm-styled A-frames spanning 768 sq ft offer additional space. The meeting room features a unique conference table crafted from Redwood. This stunning piece of craftsmanship, capable of seating 20 individuals, can be hydraulically raised to the ceiling, providing flexibility for various activities and events. Outdoor enthusiasts will delight in the property's natural beauty, with an amphitheater, meadow, and winding trails inviting exploration. Majestic Redwoods stand as sentinels, while a tranquil creek meanders through the grounds, complete with a small dam and beach area ideal for swimming and relaxation. High-speed internet provides connectivity. Whether envisioning it as an off-site coding facility, a serene retreat center, or a family getaway, the possibilities are as vast and varied as the landscape. This is a rare opportunity to own a piece of Santa Cruz Mountains history. VISIT www.LaurelMillLodge.com for a Matterport tour of the entire property, and historical information. This property was restored by its current owner and he has not held any public functions during his ownership. An additional 10 acres with a producing well is also available. DO NOT GO DIRECT. Call to schedule a showing. Cassie Maas 408-472-7988.

Contact:

Anderson Christie

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2024-05-19

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127 Academy St.

Student Housing
Mixed Types for Sale
$4,155,720 CAD
2 Properties | Mixed Types

Trenton Portfolio of properties for Sale

Offering is a of two properties Both properties are vacant and will renovation 140 East Hanover St., Trenton, $1,250,000 NJ former YMCA property 127 Academy St., Trenton $1,250,000. This is a 3-story multi-purpose building on a 11,723 SF irregular , consisting of offices, auditorium, gymnasium with total building area of approximately 29,100 SF. The sale of this property But they can be sold separately. 127 Academy St., Trenton, NJ 1,250,000 Each property could be sold independently for 1,250,000 or for a total of $2,500,000. These two properties are in state of repair needs total rehabilitation… Investor can benefit from Federal and State Tax credits If it's all cash…… we can do a better price The building is vacant and closed up,

Contact:

Segal-LaBate Commercial Real Estate

Property Subtype:

Mixed Types

Date on Market:

2024-05-16

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More details for 0 Hawaiian Village Dr, Macon-Bibb, GA - Land for Sale

47 AC Commercial Development Site - 0 Hawaiian Village Dr

Macon-Bibb, GA 31206

Student Housing
Land for Sale
$2,770,480 CAD
47.38 AC Lot

Macon-Bibb Land for Sale - Outlying Bibb County

Positioned in the heart of Georgia, this ±47.38-acre commercial site offers a rare opportunity for developers seeking high-visibility land with flexible mixed-use potential. Located in Macon, just off Eisenhower Parkway and directly across from Middle Georgia State University, the property benefits from exceptional exposure along Interstate 475, which sees over 73,000 vehicles per day. The site is fully equipped with county water, sewer, and utilities, and features favorable topography for development. Zoned C-2, the property supports a wide range of uses including residential, retail, and medical. Its proximity to major national retailers such as Walmart, Sam’s Club, Best Buy, Kroger, and Lowe’s enhances its appeal for commercial ventures. The surrounding area includes student housing, healthcare facilities, and hospitality assets, making it ideal for integrated development. Macon’s strategic location—85 miles southeast of Atlanta—combined with its population of over 234,000 and access to five colleges and universities, positions this site as a gateway to a vibrant and growing community. With affordable housing, a moderate climate, and a strong healthcare infrastructure, Macon continues to attract investment and expansion.

Contact:

Marcus & Millichap

Property Subtype:

Commercial

Date on Market:

2024-05-14

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3550 S Western Ave

Los Angeles, CA 90018

Student Housing
Retail for Sale
$6,926,200 CAD
9,887 SF

Commuter Rail
Metro/Subway

Los Angeles Retail for Sale - Koreatown

Unentitled commercial or mid-rise housing development opportunity near USC. Covered land play - all seven (7) tenants are month-to-month and are currently generating approximately $19,000 per month gross rental income. Redevelopment possibilities for a gym, school, senior/assisted living, housing, etc. Architect analysis showed a potential 169+ unit count (115 market rate, and 54 affordable) with the CPIO density bonus, for a 5-story mid-rise build with type IIIB construction. The primary site for sale includes three (3) contiguous parcels totaling 40,769 SF of land zoned C2-2D-O-CPIO. The corner lot (contiguous with the primary site) is owned by a separate seller and can also be delivered separately to complete the block. The corner lot would add an additional 5,857 SF of land, bringing the total size of the assemblage to over one (1) acre. This site presents an increasingly rare opportunity to secure an entire block ripe for development within the inevitable path of USC's continual westward expansion. Call broker for more information.

Contact:

Saxum West

Date on Market:

2024-05-02

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206 Commonwealth Blvd

Oxford, MS 38655

Student Housing
Land for Sale
$3,939,013 CAD
2.72 AC Lot

Oxford Land for Sale

From 1.32 acres to 2.72 acres located in one of the most dynamic mixed-use projects in the Southeast, the Oxford Commons. The project includes an existing entertainment center featuring a MALCO theater, bowling and arcade complex, and a variety of quick-casual and quick-serve restaurants. The 700+/- acre development also includes clusters of multifamily and student housing projects, hotels, a professional office park, churches, Oxford High School, and will include over 1,100 residences once fully constructed. This community within a community has something for all. Please inquire with broker about pricing and details.

Contact:

TRI Inc/Realtors

Property Subtype:

Commercial

Date on Market:

2024-03-28

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82 Unit Townhome/Apartment Portfolio

Student Housing
Mixed Types for Sale
$11,081,920 CAD
11 Properties | Mixed Types

California Portfolio of properties for Sale - Washington County

Excellent investment (7.2% Cap), 82 Unit, 91% occupancy. Well maintained Townhomes/Apartments... 3 BR, 2 bath, 2 Car Garage Townhomes and 1 to 4 BR Apartments. These units were built 2010 to 2015 which makes them the newer buildings around the PennWest (Cal U.) campus. All units are walking distance to campus (some 1 block) which make it a high student demand as well as families or individuals seeking a spacious living space. The location is also convenient to restaurants, shopping, playground and the Mon River Park/Boat Ramp. All Units are equipped with Kitchen Appliances, Washer/Dryer, Vinyl/Laminate Flooring & a newer 2023 Roof. These properties also offer easy access to major routes such as Rt 43 & Rt 70, making quick travel to nearby areas such as Brownsville, Washington, Uniontown, Pittsburgh & Morgantown. In summary, these Units boast a rare combination of quality & desirable amenities. it's convenient location makes it a sought-after choice for students, families & investors.

Contact:

Coldwell Banker Commercial Realty

Property Subtype:

Mixed Types

Date on Market:

2024-03-13

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More details for 921 Halsell St, Bridgeport, TX - Retail for Sale

Bridgeport Main city street - Halsell St - 921 Halsell St

Bridgeport, TX 76426

Student Housing
Retail for Sale
$824,218 CAD
4,000 SF

Bridgeport Retail for Sale - Wise County

LOCATION! LOCATION! LOCATION! This Corner location with 4,000 sq ft building has many endless possibilities. If you are looking to open a restaurant, salon, gift shop, florist, or any other establishment. This is a rare find! Front and back entrance, restroom and parking in back with carport. Walking distance to restaurants and shopping. The Downtown Halsell Street Business District is also one of only a handful of Entertainment Districts in the State of Texas. This property is located right in the center of busy downtown Bridgeport. 919 Halsell is listed for $250,000 right next door that is 2,000 sq ft can be added to this listing for a total of 6,000 sq ft. Dont miss out!!!

Contact:

Century 21 Sue Ann Denton, Inc

Property Subtype:

Storefront

Date on Market:

2024-03-12

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More details for 1140 Druid Park Ave, Augusta, GA - Land for Sale

1140 Druid Park Ave + additional parcels - 1140 Druid Park Ave

Augusta, GA 30904

Student Housing
Land for Sale
$1,385,240 CAD
1.21 AC Lot

Augusta Land for Sale - Downtown Augusta

Prime development site in medical district for student housing or multi-family. Average multi-family price/unit is $232.870. The average vacancy is 4.3%. 8 parcels zoned R-3C, 1.21 Acres & opportunity to assemble additional lots to expand project. Several University properties in walking distance, including the Medical College of Georgia and Augusta University. Near the Augusta National Golf Club. Great investment opportunity for student housing or multi-family developer and set aside corporate apartments during golf tournament for an exceptional return.

Contact:

Berkshire Hathaway HomeServices - Midtown

Property Subtype:

Commercial

Date on Market:

2024-01-22

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Education, Office and Dorm Buildings

Student Housing
Mixed Types for Sale
$4,571,292 CAD
3 Properties | Mixed Types

Hagerstown Portfolio of properties for Sale - Washington County

HUGE PRICE REDUCTION!! Motivated Seller!! Attractive, below-market seller-financing available to qualified buyer! This 7.28 acre campus boasts a dormitory/apartment building and two larger office/education buildings, making it an ideal investment for institutions seeking a turnkey solution or investors looking to capitalize on the growing demand for quality educational facilities. The 13,900 square foot training/office building is currently leased as an office for a three year period with an option of two additional years. The admin/classroom building is 25,688 square feet and was most recently operating as a high school having completed a seven figure renovation in 2021. Finally, the dormitory/apartment building was most recently used for student housing with more typical dorm style units. The unit mix is one one bedroom, one bathroom unit and eight three bedroom, one bathroom units. With some renovations, these could be converted into more traditional apartments with an expected monthly rent exceeding $10,000. The one bedroom unit has already been renovated.

Contact:

Berkshire Hathaway | Bowen Realty

Property Subtype:

Mixed Types

Date on Market:

2024-01-19

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613-619 Watts St

Montgomery, AL 36104

Student Housing
Multifamily for Sale
$775,596 CAD
10,152 SF

Montgomery Multifamily for Sale - North Montgomery

A diamond in the rough multi-family investment opportunity! This 16-unit concrete block apartment complex is a total rehab but has the potential to bring in $950 per unit after the apartments are fixed up. The current owner has started the renovation by installing a brand new architectural shingled roof and replacing all the rotten fascia. The after repaired value of the complex is estimated to be approximately $1.1 million. Pro-forma rents are $182,400 per year at $950/month. The complex would be a perfect student housing complex as it is located within walking distance to a 4-year University. The complex is also located within minutes of the many historical attractions in Montgomery including the nationally acclaimed Equal Justice and Freedom Museum and Monument and the $90 million white water adventure park. Montgomery was named the #1 historical city in the United States by USA Today in 2014 and was listed on the NY Times list of "50 places you must visit before you die." Come experience the southern hospitality of Montgomery and attractive investment opportunities as Alabama has the lowest property taxes in the continental U.S. As an extra tax incentive the complex is in an opportunity zone.

Contact:

David Herman Realty

Property Subtype:

Apartment

Date on Market:

2024-01-17

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620 Cedar St

Montgomery, AL 36104

Student Housing
Multifamily for Sale
$824,218 CAD
9,360 SF

Montgomery Multifamily for Sale - North Montgomery

This 16-unit concrete block apartment complex is a total rehab but has the potential to bring in $950 per unit after the apartments are fixed up. The current owner has started the renovation by installing a brand new architectural shingled roof, replacing all the rotten fascia and has had the exterior freshly painted. The after repaired value of the complex is estimated to be approximately $1.1 million. Pro-forma rents are $182,400 per year at $950/month. Rents could even be higher if used as student housing. The same owner also has another 16-unit property close by at 613 Watts Avenue which is also on the market at a price of $559900. If both complexes are purchased the seller will offer a slight discount. The complex would be a perfect student housing complex as it is located within walking distance to a 4-year University. The complex is also located within minutes of the many historical attractions in Montgomery including the nationally acclaimed Equal Justice and Freedom Museum and Monument and the $90 million white water adventure park. Montgomery was named the #1 historical city in the United States by USA Today in 2014 and was listed on the NY Times list of "50 places you must visit before you die." Come experience the southern hospitality of Montgomery and attractive investment opportunities as Alabama has the lowest property taxes in the continental U.S. As an extra tax incentive the complex is in an opportunity zone. The city of Montgomery is home to the only Hyundai car manufacturing plant in the U.S., as well as having two Air Force bases, the renowned Legacy Museum, one of the largest Shakespeare Festivals and is the State Capital. Montgomery continues to add more cultural, educational and entertainment venues every year. Come invest in the City of Dreams today!

Contact:

David Herman Realty

Property Subtype:

Apartment

Date on Market:

2024-01-17

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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
$7,272,510 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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71 Main St

Binghamton, NY 13905

Student Housing
Multifamily for Sale
$990,447 CAD
16,075 SF

Binghamton Multifamily for Sale - Broome County

71 Main Street is a 10,472 SF Colonial-style property offering strong visibility and walkability within Binghamton. Located near downtown and the Court Street Bridge, the property benefits from a walk score of 82 and daily traffic counts of approximately 17,127 vehicles. Recent zoning updates allow for a variety of uses including student housing, professional offices, boutique hospitality, or private event space. The building features original woodwork, five fireplaces, multiple bathrooms, and a flexible layout suited for adaptive reuse. Two existing residential units provide added income potential. The site also includes a detached brick carriage house, a four-car garage, and approximately 22 on-site parking spaces. Owner financing is available to qualified buyers at a below-market 4% interest rate with flexible terms and 20% down.

Contact:

SVN | Innovative Commercial Advisors

Property Subtype:

Apartment

Date on Market:

2023-12-04

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