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Southeastern Community College 2 Multifamily Properties Offered at $10,350,000 in West Burlington, IA
Investment Highlights
- Free parking
- Fitness Center Membership
- Leasing and rent collection handled by SCC
- On-site washer and dryer sets in each building.
- 24/7 security cameras & Campus security officers
- Walkability to the entire campus
Executive Summary
For Sale: SCC Student Housing Portfolio in West Burlington, IA—4 on-campus buildings totaling 120 units & 234 beds. Long-term land lease with Southeastern Community College. Prime investment opportunity in student housing near campus.
Property Facts
| Price | $10,350,000 | Number of Properties | 2 |
| Price / SF | $127.75 / SF | Individually For Sale | 0 |
| Cap Rate | 7.02% | Total Building Size | 81,018 SF |
| Sale Type | Investment | Total Land Area | 1.21 AC |
| Status | Active |
| Price | $10,350,000 |
| Price / SF | $127.75 / SF |
| Cap Rate | 7.02% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 81,018 SF |
| Total Land Area | 1.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1500 W Agency Rd, West Burlington, IA 52655 | Multifamily | 65,232 SF | 1990 | - |
| 1706 W Agency Rd, West Burlington, IA 52655 | Multifamily | 15,786 SF | 2016 | - |
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