STUDENT HOUSING INVESTMENT OPPORTUNITY ON THE HILL
This 9-bed, 3-unit property is leased through July 2027, generating gross rents of $195,660 for the 2026–2027 school year and offering a projected cap rate of 5.79%. The current layout functions like a 9-bedroom house with a 10,915 SF lot that allows for expansion. The property also presents an opportunity for redevelopment, with the potential to increase the total capacity to up to 24 beds.
Offered At: $2,600,000
Property Type: MUH
Building Size: Current: 3,678 SF
Build To: 10,908 SF
Parcel Size: 10,915 SF
3 Units | 9 Beds
Average Rents: $1,675/Bed
Zoning: RM2
