42-Unit Housing Portfolio 16 Properties Offered at $5,550,000 in Fredonia, NY
INVESTMENT HIGHLIGHTS
- 16-Property Student Housing Portfolio with 42 Units and 127 Beds
- 12-month Lease Upside
- In Close Proximity to SUNY Fredonia
- Consolidated Portion of the Fredonia Market
EXECUTIVE SUMMARY
The SUNY Fredonia Portfolio is a 16-property student housing offering with 42 units and 127 beds. Units range from 1-bed to 5-bed. This offering represents the opportunity to acquire a sizable student housing portfolio in Fredonia, New York, in close proximity to the State University of New York at Fredonia.
The majority of the student housing market at SUNY Fredonia is houses and small apartment buildings. A consolidated portion of this portfolio is centrally located on Canadaway Street.
The majority of the student housing market at SUNY Fredonia is houses and small apartment buildings. A consolidated portion of this portfolio is centrally located on Canadaway Street.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $5,550,000 |
| Price / SF | $91.31 / SF |
| Cap Rate | 9% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 16 |
| Individually For Sale | 0 |
| Total Building Size | 60,785 SF |
| Total Land Area | 3.35 AC |
PROPERTIES
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