This Multifamily Property is no longer advertised on LoopNet.com.

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
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 - -
  • Listing ID: 30168036

  • Date on Market: 11/27/2023

  • Last Updated:

  • Address: Ilkeston Rd, Nottingham NG7 3GE

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