Commercial Real Estate in United States available for sale
Student Housing Buildings For Sale

Student Housing Buildings for Sale in USA

More details for 6663 & 6685 Del Playa Dr – Multifamily for Sale, Isla Vista, CA

6663 & 6685 Del Playa Dr

  • Student Housing
  • Multifamily for Sale
  • $10,232,856 CAD
  • 9,390 SF
  • 2 Multifamily Properties
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More details for 175 Eastwood Ln, San Marcos, TX - Land for Sale

Located within a designated Opportunity Zone - 175 Eastwood Ln

San Marcos, TX 78666

  • Student Housing
  • Land for Sale
  • $8,525,959 CAD
  • 37.83 AC Lot
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More details for 2605 Ben Hill Rd, East Point, GA - Land for Sale

Redevelopment or Education/Religious Site - 2605 Ben Hill Rd

East Point, GA 30344

  • Student Housing
  • Land for Sale
  • $7,084,831 CAD
  • 23.84 AC Lot
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More details for 1100 E Lemon St, Tempe, AZ - Multifamily for Sale

Regency Apartment Homes - 1100 E Lemon St

Tempe, AZ 85281

  • Student Housing
  • Multifamily for Sale
  • $12,350,488 CAD
  • 20,374 SF
  • Air Conditioning
  • Pool

Tempe Multifamily for Sale

Situated on the northeast corner of East Lemon Street and South Terrace Road within the North Tempe submarket, the Regency Apartment Homes is a condo-mapped 44-unit, garden-style student housing community consisting of five two-story buildings on a 1.12-acre lot. The property is within walking distance of the light rail and a short drive from Arizona State University’s Tempe campus and Phoenix Sky Harbor International Airport along with multiple access points to all areas of Phoenix by way of the Red Mountain Freeway (Loop 202), Piestewa Freeway (State Route 51), Pima Freeway (State Route 101), Hohokam Expressway (State Route 143), and the Papago Freeway (Interstate 10). Immediate neighborhood conveniences and services include Trader Joe’s, Safeway, Walgreens, Whole Foods, and Ace Hardware. The property is surrounded by multiple dining, entertainment, and shopping hubs, including Tempe Marketplace, one of the Valley’s most premier combination lifestyle and power centers with over 100 shops and restaurants approximating 1.3 million square feet of retail space, including Target, Best Buy, JCPenney, Barnes & Noble, H&M, Dave & Buster’s, and Harkins Movie Theater. Additionally, the Mill Avenue entertainment district in downtown Tempe, Scottsdale Fashion Square Mall, Chandler Fashion Square Mall, and the multitude of event venues and dining options at downtown Phoenix are all within an approximate 20-minute drive from the property. Constructed in 1963 using block construction and flat roofing, the property was completely repositioned between 2012 - 2013 and features a unit mix of 10 studio units and 34 one-bedroom / one-bathroom units with a weighted average of 463 square feet. Each unit is individually metered for electricity, features roof-mounted HVAC’s, and a master boiler for hot water serves all the units. Interior amenities include air conditioning / heating, granite countertops, custom Italian cabinetry, polished porcelain tile flooring (select units), alpine maple wood flooring (select units), private patio or balcony, and fully equipped kitchens with stainless steel appliance packages. Community amenities include a salt water swimming pool, laundry facility, gated entry, and covered parking. Significant area employers include Amazon, Carvana, GoDaddy, ADP, State Farm Insurance, Salt River Project, Chase Bank, and Arizona State University.

Contact:

ABI Multifamily

Property Subtype:

Apartment

Date on Market:

2026-04-27

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More details for TBD SE Bypass Dr Parcel 4, Pullman, WA - Land for Sale

TBD SE Bypass Dr Parcel 4 - TBD SE Bypass Dr Parcel 4

Pullman, WA 99163

  • Student Housing
  • Land for Sale
  • $623,920 CAD
  • 5.03 AC Lot
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More details for 3416-3418 Walton Ave, Los Angeles, CA - Multifamily for Sale

4-Unit, 13-Bed USC Student Housing Community - 3416-3418 Walton Ave

Los Angeles, CA 90007

  • Student Housing
  • Multifamily for Sale
  • $2,131,845 CAD
  • 3,660 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen

Los Angeles Multifamily for Sale - Koreatown

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 4-unit, 13-Bedroom student housing community located at 3416-3418.5 Walton Avenue, Los Angeles, CA 90007. The property is situated south of Jefferson Boulevard and west of Vermont Avenue, within the USC Patrol Zone. The property is just 0.4 miles from the USC campus, giving students easy walking or biking access to classes, libraries, and campus amenities. The surrounding neighborhood offers a walkable mix of cafés, restaurants, and everyday conveniences that cater to student life. Residents also benefit from proximity to the Los Angeles Memorial Coliseum, Exposition Park, and strong public transit connections — including the I-10 and I-110 Freeways — for easy access to Downtown Los Angeles and the broader metro area. Situated on a 5,720-square-foot RD2-1-CPIO-zoned lot, the property presents a significant value-add opportunity for investors. The buyer can potentially add three 4-Bedroom/4-Bathroom ADUs and one 2-Bedroom/2-Bathroom ADU, transforming the asset into an 8-unit, 27-bed USC student housing community. 3416-3418.5 Walton Avenue presents investors with an opportunity to acquire and expand a well-positioned USC student housing community within the sought-after USC Patrol Zone. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. The subject property is being offered in conjunction with the adjacent parcel located at 3417 South Catalina Avenue. Together, these offerings provide investors with enhanced flexibility to pursue a range of development and value-add strategies. The properties are available for acquisition individually or together.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-04-23

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More details for 4100-4120 Chiles Rd, Davis, CA – for Sale, Davis, CA

4100-4120 Chiles Rd, Davis, CA

  • Student Housing
  • Mixed Types for Sale
  • $25,582,139 CAD
  • 2 Properties | Mixed Types

Davis Portfolio of properties for Sale - Davis/Woodland

Catalyst Commercial Partners presents a rare and compelling redevelopment opportunity in the heart of Davis, California — one of the most supply-constrained housing markets in the state. This offering consists of two contiguous parcels totaling 4.28 acres and 186,435, comprising a fully operating 78-key hotel and a separately parceled NNN retail building, both available together as a combined acquisition. The hotel is currently operating as a Days Inn by Wyndham, generating income from day one of ownership. The retail parcel is currently leased to national credit tenants including Sherwin-Williams and Domino's, providing additional in-place cash flow. Both parcels sit side by side along Chiles Rd with direct I-80 freeway frontage and prominent pylon signage, offering immediate income stability and significant long-term upside. While the property performs as a going concern today, the highest and best use of this combined 3.39-acre site is widely regarded as conversion or redevelopment. The existing hotel structure — with its interior corridor layout, private bathrooms in every room, individual PTAC systems, and ~355 SF room sizes — is purpose-built for adaptive reuse. Davis's blended apartment vacancy rate currently stands at 3.5% Davis Vanguard, reflecting one of the tightest rental markets in California despite years of new supply additions. Potential conversion uses include: -Multifamily Residential — market-rate apartments serving Davis's persistently undersupplied rental market -Student Housing — proximate to UC Davis campus serving 40,000+ students, faculty and staff -Graduate & Faculty Housing — an undersupplied segment not addressed by current campus development pipelines -Workforce Housing — serving UC Davis Health, regional employers and essential workers along the I-80 corridor -Medical & Healthcare Worker Housing — purpose-leased units for UC Davis Health medical residents, traveling nurses and hospital contractors, frequently backed by institutional master leases -Extended-Stay & Corporate Housing — minimal conversion required; serves visiting researchers, professionals and academic program participants on semester or monthly arrangements -Affordable Housing — eligible for California state and local incentive programs including density bonus provisions and streamlined approval pathways -Senior Housing / Assisted Living — a high-demand use category in Yolo County with limited competitive supply and strong demographic tailwinds -Transitional & Supportive Housing — qualifies for multiple state and federal funding programs including Project Homekey, HHAP and HCD financing -Mixed-Use Redevelopment — ground-up or adaptive reuse combining residential with ground-floor retail across a 3.39-acre infill site The contiguous land position across both parcels gives a buyer the scale to execute a meaningful project that standalone hotel or retail sites in this market cannot offer. Please contact Rachna Gandhi for offering memorandum at (650) 339-6818 or at rachna.gandhi@corcoranicon.com

Contact:

Catalyst Commercial Partners

Property Subtype:

Mixed Types

Date on Market:

2026-04-22

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More details for 99999 Merrimon Avenue – Land for Sale, Asheville, NC

99999 Merrimon Avenue

  • Student Housing
  • Land for Sale
  • $3,066,838 CAD
  • 0.41 AC
  • 6 Land Properties
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More details for 11002 SW 3rd St, Miami, FL - Land for Sale

11002 SW 3rd St

Miami, FL 33174

  • Student Housing
  • Land for Sale
  • $8,527,380 CAD
  • 0.79 AC Lot

Miami Land for Sale - Miami Airport

Zoning information Located adjacent to Florida International University within Sweetwater's rapidly evolving redevelopment corridor, the assemblage at 11002 SW 3rd Street presents a rare infill development opportunity comprised of five contiguous duplex parcels totaling approximately 36,400 square feet (0.84 acres). The property is currently improved with income-producing duplexes and is zoned RD (Duplex Residential), while also benefiting from its strategic location within the FIU growth corridor and the area contemplated by the City's University District Overlay expansion provisions pursuant to Section 2.05.25 of the Sweetwater Land Development Code. The site is surrounded by significant multifamily, student housing, and mixed-use development activity, including several recently approved high-density projects serving the FIU market. Given its location, assemblage size, and proximity to the University District, the property offers compelling potential for multifamily, workforce housing, student housing, townhome, or mixed-use redevelopment, subject to purchaser verification of zoning, overlay applicability, density allowances, and municipal approvals. Sweetwater has demonstrated a pro-development planning posture through recent density approvals, University District initiatives, and redevelopment-focused zoning activity, positioning this assemblage as a unique opportunity for developers seeking a well-located site within one of Miami-Dade County's most active university-oriented housing markets.

Contact:

Fairchild Partners, Inc.

Property Subtype:

Commercial

Date on Market:

2026-04-21

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More details for Connecticut Street Buffalo NY 5 Property Portfolio – for Sale, Buffalo, NY

Connecticut Street Buffalo NY 5 Property Portfolio

  • Student Housing
  • Mixed Types for Sale
  • $1,705,476 CAD
  • 5 Properties | Mixed Types

Buffalo Portfolio of properties for Sale - Buffalo CBD

Connecticut Street Campus-Edge Assemblage: Five-Parcel Mixed-Use Block Near D’Youville – Offered at $1.5M Executive summary This offering comprises five same street parcels, some contiguous in Buffalo’s resurgent Connecticut Street corridor, immediately adjacent to D’Youville University and minutes from Downtown Buffalo. The assemblage combines three urban infill land parcels, a fully built 2-unit duplex, and a former restaurant property, creating a rare opportunity to control part of a mixed-use micro-block in the path of institutional and private development. Asset highlights Five parcels on Connecticut Street create a cohesive, highly walkable area in Buffalo’s West Side neighborhood, near the growing D’Youville campus and Niagara Street corridor. Three vacant commercial lots (300, 302, 304 Connecticut) providing flexible options for surface parking, outdoor seating, or future vertical development under the Buffalo Green Code. Two income-producing buildings: a 2-unit residential duplex at 309 Connecticut and a former restaurant/bar at 313 Connecticut, offering potential cash flow with upside through repositioning and re-tenanting, or redevelopment. Strategically located within walking distance of D’Youville University, which is investing over $100 million in new student housing and campus projects in the immediate area, reinforcing long-term demand for housing, food & beverage, and mixed-use space. Surrounded by ongoing corridor investment, including offerings like 465– 466 Connecticut Street and a growing roster of destination food, beverage, and retail concepts.

Contact:

WNY Metro Roberts Realty

Property Subtype:

Mixed Types

Date on Market:

2026-04-27

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More details for 247 High St, Santa Cruz, CA - Land for Sale

27-Bed | Shovel-Ready Student Housing - 247 High St

Santa Cruz, CA 95060

  • Student Housing
  • Land for Sale
  • $2,693,231 CAD
  • 0.15 AC Lot

Santa Cruz Land for Sale - Greater Santa Cruz

David Lyng Real Estate is pleased to present Ohana Hale Residences — a fully permitted, shovel-ready student housing development opportunity located at 247 High Street in Santa Cruz, California. This rare offering provides an investor with the ability to acquire a fully entitled, permit-ready land with approved plans for a three-story, seven-unit student housing project without the time and cost of navigating the complex multi-year entitlement process. The market has already spoken on this block. Next door, 251 High Street, a conventional, unfurnished building with only ~40% student occupancy and no per-bed premium - recently traded at a 3.88% cap rate. Apply the same cap rate to Ohana Hale's fully furnished, 100% per-bed student model: the developer/buyer could realize up to $4M in equity at completion with an IRR well over 50%. The comp is next door. The upside is in the math. Purpose-built for the UCSC off-campus market, 247 High St provides an investor with the ability to acquire fully entitled, permit-ready land with approved plans for a new student housing project featuring 27 beds and 12 bathrooms across 7 units without the time and cost of navigating the complex entitlement process. At a blended market rent of $1,800 per bed plus two conventional units, the project is projected to produce a stabilized Net Operating Income of $378,659, consistent with institutional student housing standards for newly constructed UCSC-proximate assets. The asking price of $1,895,000 represents an acquisition well below estimated replacement cost, with developer upside confirmed by third-party MAI appraisal and available in full to qualified buyers under NDA.

Contact:

David Lyng Real Estate

Property Subtype:

Commercial

Date on Market:

2026-04-20

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More details for 1146 W 35th St, Los Angeles, CA - Land for Sale

USC Student Housing Develop Site | Near-RTI - 1146 W 35th St

Los Angeles, CA 90007

  • Student Housing
  • Land for Sale
  • $4,971,462 CAD
  • 0.16 AC Lot
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More details for 10443 17th Ave SW, Seattle, WA - Multifamily for Sale

Income producing 4-plex - 10443 17th Ave SW

Seattle, WA 98146

  • Student Housing
  • Multifamily for Sale
  • $1,407,018 CAD
  • 3,120 SF
  • Kitchen
  • Smoke Detector

Seattle Multifamily for Sale - SeaTac/Burien

Exceptional opportunity to acquire a fully renovated, income-producing 4-plex in Seattle’s highly competitive 98146 rental corridor. Priced aggressively under $1M, this stabilized multifamily asset is expected to generate **strong immediate interest and multiple offers** due to its turnkey condition, income stability, and limited availability of similar assets in this price range. Comprehensively renovated in 2025, the property features four well-designed 2BD/1BA units, each offering strong tenant appeal, in-unit washer/dryer, private outdoor space (decks/patios/yards), and reserved parking. All units are occupied by stable long-term tenants at $1,800/month, producing $86,400 in annual gross income with a NOI of approximately $68,354, reflecting a 6.84% cap rate with clear upside potential. Market rents in the area continue trending toward $1,950+/month, providing immediate and achievable rent-growth upside without additional capital improvements. The property benefits from consistent rental demand driven by proximity to employment centers, transit access, neighborhood amenities. The 98146 corridor continues to experience strong investor demand due to limited inventory of renovated small multifamily assets. This is a **true turnkey, low-maintenance investment** ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers seeking immediate deployment of capital in a stabilized asset with upside. Financials, rent roll, and expense breakdown available upon request.

Contact:

Agencyone

Property Subtype:

Dormitory

Date on Market:

2026-04-16

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More details for 440-450 S Grant St, West Lafayette, IN - Multifamily for Sale

Benchmark II - 440-450 S Grant St

West Lafayette, IN 47906

  • Student Housing
  • Multifamily for Sale
  • $19,826,158 CAD
  • 36,354 SF
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More details for 874 57th St, Sacramento, CA - Office for Sale

874 57th St

Sacramento, CA 95819

  • Student Housing
  • Office for Sale
  • $1,350,168 CAD
  • 3,574 SF
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More details for 1250 W 37th St, Los Angeles, CA - Multifamily for Sale

1250 W 37th St

Los Angeles, CA 90007

  • Student Housing
  • Multifamily for Sale
  • $4,100,248 CAD
  • 6,734 SF
  • Private Bathroom
  • Kitchen

Los Angeles Multifamily for Sale - Koreatown

The Davis Saadian Group is proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC). This turnkey investment has undergone approximately $400,000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles–mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6,734 rentable square feet on a 7,250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants. The property is 100% occupied with USC students and fully leased for the 2025–2026 academic year, generating a gross income of $20,255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.75% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles’ most sought-after rental markets. Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety. Email listing agent for the Financial Analysis/ Offering Memorandum. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement. 3) Interior Inspection/Books & Records Granted with an Accepted Offer. 4) Submit Proof of Funds & Pre-Qualification Letter with Offer. 5) Seller Selects all Services. Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information provided, including square footage, lot size, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspections and/or with appropriate professionals. Buyer bears all risk for any inaccuracies.

Contact:

Davis Saadian Group

Property Subtype:

Apartment

Date on Market:

2025-11-14

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More details for 103 W 9th St, Greenville, NC - Retail for Sale

Downtown Opportunity || Available for Sale - 103 W 9th St

Greenville, NC 27834

  • Student Housing
  • Retail for Sale
  • $2,487,152 CAD
  • 4,899 SF
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More details for Village Green pl, Pueblo, CO - Land for Sale

13.59 AC Prime Land Near CSU Pueblo - Village Green pl

Pueblo, CO 81001

  • Student Housing
  • Land for Sale
  • $4,263,690 CAD
  • 13.59 AC Lot
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More details for 1418 Mahoney Dr, Centralia, WA - Industrial for Sale

1418 Mahoney Dr

Centralia, WA 98531

  • Student Housing
  • Industrial for Sale
  • $2,771,398 CAD
  • 8,000 SF
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More details for 602 West Ave, Norwalk, CT - Retail for Sale

602 West Ave

Norwalk, CT 06850

  • Student Housing
  • Retail for Sale
  • $3,410,952 CAD
  • 6,270 SF
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More details for 1238 Sloan St, Murfreesboro, TN - Multifamily for Sale

University Pointe Apartments - 1238 Sloan St

Murfreesboro, TN 37130

  • Student Housing
  • Multifamily for Sale
  • $9,593,302 CAD
  • 51,650 SF
  • Air Conditioning
  • 24 Hour Access

Murfreesboro Multifamily for Sale - Rutherford County

Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/204071/university-pointe-apartments Marcus & Millichap has been selected to exclusively market for sale the University Pointe Apartments in Murfreesboro, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in Middle Tennessee. University Pointe Apartments is a 77-bed multifamily property with one ground-floor commercial space, located adjacent to Middle Tennessee State University in Murfreesboro, Tennessee. The asset was constructed in 2002 and consists of three buildings situated on a 1.6-acre site. Unit configurations include three-bedroom layouts designed for by-the-bed leasing, with the current tenant mix consisting of approximately 25% students. Ownership has invested $112,084 in capital improvements over the past 36 months, including the full replacement of central HVAC systems and stair improvements on one building. The property features individual electric metering, slab construction, on-site laundry facilities, and standard appliance packages, offering a stable multifamily investment with proximity to a major university. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the University Pointe Apartments.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-04-09

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More details for 610 Southgate Dr, State College, PA - Multifamily for Sale

Southside Commons - 610 Southgate Dr

State College, PA 16801

  • Student Housing
  • Multifamily for Sale
  • $7,951,782 CAD
  • 32,272 SF
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More details for 12244 Serenity Rose Dr, Conroe, TX - Health Care for Sale

Serenity Rose Campus - 12244 Serenity Rose Dr

Conroe, TX 77304

  • Student Housing
  • Health Care for Sale
  • $3,978,023 CAD
  • 25,417 SF

Conroe Health Care for Sale - Outlying Montgomery Cnty

A fully built out, 10 building campus on 25 unrestricted acres in the fastest-growing corridor in the Houston metro — priced below what you’d pay for the land alone at today’s Conroe commercial rates. The infrastructure is in place. The permits are done. The buildings are renovated. A new operator can be open for business in weeks, not years. Serenity Rose Estate is a 25.38 acre, 10 building campus in Conroe, TX/Montgomery County — the nation’s fastest-growing Houston suburb and #20 fastest growing city in the U.S. With 25,417 SF of improvements, unrestricted zoning, and turnkey infrastructure already in place, this is one of the most versatile commercial properties on the market in Montgomery County. THE OPPORTUNITY At $2,799,000 ($110/SF for buildings, $110K/acre for land), this campus is priced well below replacement cost. This property includes10 buildings, paved roads, a commercial kitchen, a fire suppression system, a swimming pool, a 1 acre pond, irrigation, multi-zone HVAC, well water, septic, natural gas, electricity, and internet — all operational and ready for immediate occupancy. THE CAMPUS Two renovated event venues (2018) feature custom chandeliers, arched windows, a commercial sprinkler system, and a fireplace lounge. A 3,753 SF dining hall includes a former commercial kitchen with hood system. Four office/flex or dormitory style buildings provide flexible living or workspace. A 15-shower bathhouse with upstairs apartment, pool house, and secluded hilltop cabin round out the campus. All connected by paved internal roads on rolling, wooded acreage bordered by Egypt Creek. THE MARKET Montgomery County’s population has surged to 818,000+ and continues growing at 4.4% annually. Conroe’s population has more than doubled since 2010.Whether your business model is behavioral health, hospitality, education, or faith-based operations, the demand drivers are strong and accelerating. LOCATION Situated on Sapp Road near Hwy 105 with 42,393 VPD, the property is 12 minutes to I-45, 15 minutes to HCA Houston Healthcare Conroe, 20 minutes to The Woodlands Mall, 40 minutes to IAH Airport, and 50 minutes to Downtown Houston. Surrounding demographics include 112,800 population and $96,225 average household income within a 5-mile radius. Property is in unincorporated Montgomery County. IDEAL USES Behavioral health or rehabilitation facility | Wellness/treatment center | Private school or education campus | Corporate retreat | Wedding and event venue | Church or religious campus | Non-profit headquarters | Senior living | Glamping or outdoor hospitality | Film production Owner may consider creative financing structures for qualified buyers. Contact listing agent for details.

Contact:

Melissa Abrantes

Property Subtype:

Rehab Centre

Date on Market:

2026-04-08

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More details for 6400 Elvas Ave, Sacramento, CA - Retail for Sale

6400 Elvas Ave

Sacramento, CA 95819

  • Student Housing
  • Retail for Sale
  • $2,451,622 CAD
  • 5,200 SF

Sacramento Retail for Sale - East Sacramento

6400 Elvas Ave, Sacramento, CA 95819 (“The Property”) represents one of the few remaining commercial opportunities in East Sacramento where existing improvements, zoning flexibility, and immediate proximity to Sacramento State create a clear adaptive retail conversion opportunity. Rather than being valued solely as an existing office building, the Property’s pricing is supported by its ability to be repositioned into a two-tenant retail or food and beverage asset serving one of Sacramento’s strongest daily consumer corridors. The Property is located approximately 0.2 miles from the western edge of Sacramento State’s campus and less than 200 feet from Hornet Crossing, the primary pedestrian entry point on the west side of the university. Sacramento State’s enrollment of more than 31,000 students creates consistent daily foot traffic from students, faculty, and visitors moving through this corridor. This location places the Property within one of Sacramento’s strongest university-driven consumer corridors, where retail demand continues to strengthen alongside new student housing delivery and neighborhood growth. The Property also benefits from exceptional regional access, located approximately 0.3 miles from the U.S. 50 / 65th Street interchange, providing direct connectivity to Downtown Sacramento, East Sacramento, and the greater regional freeway network. Positioned on the corner of 65th Street and Elvas Avenue, the Property captures strong visibility and exposure to approximately 15,800 vehicles per day while also benefiting from steady pedestrian traffic generated by the surrounding university and residential population. The existing approximately 5,200 square foot building offers an ideal footprint for repositioning into a two-tenant retail configuration, with underwriting supporting two approximately 2,600 square foot suites capable of accommodating food and beverage, service retail, or neighborhood-serving commercial users. Unlike many nearby development sites requiring full entitlement and vertical construction, this Property presents a shorter path to value creation through adaptive reuse of an existing structure. Current underwriting supports stabilized retail rents in the range of approximately $3.25 to $3.50 per square foot NNN, generating projected annual gross income of approximately $202,800. After applying vacancy assumptions, stabilized NOI supports a valuation materially above current acquisition basis, which forms the primary pricing rationale for the offering and explains the Property’s pricing beyond traditional office comparables. Further reinforcing this retail thesis, more than 4,600 student housing beds are located within a half-mile radius, creating a built-in customer base within immediate walking distance. As East Sacramento continues to absorb new housing and mixed-use development, opportunities to acquire flexible frontage with direct university adjacency have become increasingly limited. Beyond its immediate acquisition value, the Property offers a clear path to unlock retail-driven upside today while preserving long-term redevelopment optionality under RMX-TO-SPD zoning. This creates a clear value proposition where buyers are acquiring not simply an existing building, but a repositioning opportunity supported by measurable retail economics and long-term zoning flexibility.

Contact:

Turton Commercial Real Estate

Property Subtype:

Freestanding

Date on Market:

2026-04-07

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