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Rowan University - Student Housing 1 Multifamily Properties Offered at $5,000,000 in Glassboro, NJ
Executive Summary
Rowan University Student Housing Portfolio, a three-building residential investment located at 60, 62–64, and 66 North Main Street in Glassboro, New Jersey. The portfolio offers approximately 35 student beds and is ideally positioned near Rowan University, one of the fastest-growing public universities in the United States. Located just minutes from campus, the properties benefit from strong demand for off-campus student housing driven by Rowan’s expanding enrollment and growing academic programs. The surrounding area includes student housing, restaurants, and neighborhood retail serving the university community.
Taxes & Operating Expenses (Actual - 2026) |
Annual |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$353,216
|
Taxes & Operating Expenses (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $353,216 |
Property Facts
| Price | $5,000,000 | Number of Properties | 3 |
| Price / SF | $1,452 / SF | Individually For Sale | 0 |
| Cap Rate | 7.06% | Total Building Size | 3,443 SF |
| Sale Type | Investment | Total Land Area | 0.21 AC |
| Status | Active |
| Price | $5,000,000 |
| Price / SF | $1,452 / SF |
| Cap Rate | 7.06% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,443 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 66 N Main St, Glassboro, NJ 08028 | Multifamily | 3,443 SF | 1925 | - |
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Rowan University - Student Housing
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