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Lucas Studios 291 Corporation St 22 Unit Apartment Building $7,941,742 ($360,988/Unit) Birmingham B4 7DP
Investment Highlights
- 62 large studio bedrooms averaging over 24 sqm.
- Fully sprinklered with institutional building safety standards
- Excellent letting history, low rents and exciting asset management angles
Executive Summary
Seeking offers in excess of £5,900,000, reflecting just £95,000 per bed. The Property is adjacent to Aston University campus and is comprised 62 studios averaging over 24 sqm, some with balconies and terraces.
Property Facts
| Price | $7,941,742 | Apartment Style | Mid-Rise |
| Price Per Unit | $360,988 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Tenure | Long Leasehold | Building Size | 20,000 SF |
| No. Units | 22 | No. Stories | 9 |
| Property Type | Multifamily | Year Built | 2015 |
| Property Subtype | Apartment |
| Price | $7,941,742 |
| Price Per Unit | $360,988 |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 20,000 SF |
| No. Stories | 9 |
| Year Built | 2015 |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Package Service
- Bicycle Storage
- Lounge
- Public Transportation
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | 100 |
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Lucas Studios | 291 Corporation St
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