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Ilkeston Rd
Nottingham NG7 3GE
The Orbital · Multifamily Property For Sale
·
103 Units
Investment Highlights
- Opportunity to acquire a prime landmark modern operational PBSA scheme
- The Orbital is currently 100% occupied for the 2023/24 academic year and benefits from 100% occupation since completion
- The Orbital comprises up to nine floors of accommodation with three room classification types
- Unbroken freehold block
- There is a significant undersupply of PBSA in Nottingham with 59% of full-time students unable to access PBSA at current supply levels
- The asset offers a wide range of amenities including communal lounge and study area
Property Facts
| No. Units | 103 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 35,000 SF |
| Property Subtype | Dormitory | No. Stories | 9 |
| Apartment Style | Mid-Rise | Year Built | 2018 |
| Building Class | B |
| No. Units | 103 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 35,000 SF |
| No. Stories | 9 |
| Year Built | 2018 |
Amenities
Unit Amenities
- Air Conditioning
- Instant Hot Water
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Laundry Service
- Wi-Fi
- Bicycle Storage
- Community-Wide WiFi
- Lounge
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 103 | - | - |
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