University Terrace

105 E State Street, West Lafayette, Indiana 47906

  • Property Subtypes Mid-Rise , Student Housing
  • Gross Building Area 43,179 SF
  • Building Name University Terrace
  • Building Status Existing
  • Sale Price $5,700,000.00 Total
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 0.28 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/23/2020
  • Days on Market 12 Days
  • Status active

Overview / Comments

University Terrace Off Campus Housing near Purdue University. Income: $441,574, Expenses: $170,088, NOI: $271,486. 28 units, 54 beds. Covered parking spaces for each bed. Washer/dryer, balcanies & private baths in each unit.

Financials

  • Finance Data Year 2018
  • Net Operating Income $271,486

Additional Details

  • Tax ID/APN 790720307009.000-0026
  • Zoning PD
  • Total Number of Buildings 1
  • Year Built 2011
  • Total No Of Units 28

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