Highlights

• Student Housing Directly Across from Marshall University
• 100% Occupancy
• High Barrier to Entry

• $36,304 Per Bed

Description

We are pleased to offer eight student housing units located directly across from Marshall University, which has 16,000 students in enrollment with 9,800 on campus. Chalet Apartments consists of eight apartment units, one two-beds, two one-beds, one three-bed, and four four-bed units totaling 23 beds. The property is very well maintained and has had many capital improvements in the last five years. These units will be 95% - 100% occupied during the next school year and a new owner can expect almost a double digit cash-on-cash return during its first twelve months of ownership.

The economic growth and development on campus is explosive with over $200M in new projects. 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