Highlights

• Student Housing Directly across from Marshall University
• 100% Occupancy
• $40,760 Per Bed with Rent Growth Every Year

• Zoning Approved One Building As A Redevelopment Opportunity

Description

We are pleased to offer 28 student housing units (49 beds) located directly across from Marshall University, which has 16,000 students in enrollment with 9,800 on campus. Ten of the 28 are one-bedroom units, fifteen are two-bedroom units, and three are three-bedroom units. The properties are very well maintained and have had many capital improvements in the last five years. These units are 100% occupied for the coming school year and a new owner can expect almost a double digit cash-on-cash return during its first twelve months of ownership.

The growth on campus is explosive with numerous projects totaling $200M. U.S. News and World Report annually ranks Marshall as one of "America's Best Buys" in higher education, and Yahoo! ranked Marshall as one of the "Top 100 Most Wired" campuses in the country, while the Templeton Foundation lists Marshall among the top character-building institutions in the nation. Marshall is ranked by APB News as one of the safest universities in the country. With emergency phone stations across campus and 24-hour patrols by car, foot and bicycle.