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Student Housing Portfolio 3 Multifamily Properties in San Luis Obispo, CA
INVESTMENT HIGHLIGHTS
- 104 total units.
- Total building size: approx. 87,044 SF.
- Zoning: R3/R-4
- Total average bed occupancy: 243
- Total land size: approx. 194,896 SF.
- Unit mix: (36) 1BD/1BA; (63) 2BD/1BA; (5) 3BD/2BA | Approx. 150 total parking spaces (~1.44/unit)
EXECUTIVE SUMMARY
104 units across three properties, adjacent to California Polytechnic State University, San Luis Obispo. Ranging from 20 – 49 units and offering an ideal unit mix with 60% of the total units as 2 bedrooms. Spacious floorplans including approximately 625 SF 1 bedrooms, 800 SF 2 bedrooms and 1,280 SF 3 bedrooms (Westmont Apartments). Zero vacancy across these assets from 2021 – 2024. Full Offering Memorandum & access to Due Diligence folder available upon signed NDA.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 87,973 SF |
| Number of Properties | 3 | Total Land Area | 4.45 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 87,973 SF |
| Total Land Area | 4.45 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
555 Westmont
555 Westmont Ave, San Luis Obispo, CA 93405 |
Multifamily | 38,194 SF | 1963 | - |
|
College Gardens
284 N Chorro St, San Luis Obispo, CA 93405 |
Multifamily | 26,672 SF | 1959 | - |
|
607 Grand Apartments
607 Grand Ave, San Luis Obispo, CA 93401 |
Multifamily | 23,107 SF | 1966 | - |
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Student Housing Portfolio
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