28-BEDS NEAR SYRACUSE UNIVERSITY 4 Multifamily Properties in Syracuse, NY

Global Real Estate Advisors (GREA) exclusively offers to investors the opportunity to acquire the fee simple interest in a strategically located student housing portfolio near Syracuse University. A private research institution located in the heart of Central New York, SU has grown its academic divisions to 13 schools and colleges since opening in 1870. With more than 40 research centers and institutions, Syracuse is one of 39 private doctoral universities nationwide with an R1 Carnegie Classification.
Approximately 8,000 students live on campus, primarily undergraduate students, as SU requires most first- and second-year students to live on campus. 50% of undergraduates live off campus. Many students move off-campus after their first or second year, particularly to areas close to the University, such as the neighborhoods surrounding University Hill and Westcott. SU’s student population continues to grow, creating sustained demand for housing.
The portfolio consists of 4 renovated historic student housing properties located approximately three blocks from Syracuse University and the Westcott Commercial District.:
536 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms
548 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms (operated 7 to 8 historically; buyer determines future use)
543-545 Clarendon Street: 3 units with 6 bedrooms and 3 bathrooms (operated as 7 historically; buyer determines future use)
702-704 Lancaster Avenue: 4 units with 8 bedrooms and 4 bathrooms
The properties feature hardwood flooring, updated building systems, on-site laundry, off-street parking, porch or deck, fireplace, workout area, and hot tub (not available in all properties).
This offering presents an exceptional opportunity for investors seeking exposure to the student housing sector in one of the Northeast's most reputable college towns.