Catylist ID:
#30708829
| Catylist Listing ID: | 30708829 |
| Property Subtypes: | Student Housing |
| Number of Units: | 16 Units |
| Building Size (RSF): | 19,528 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $3,700,000 |
| Unit Price: | $231,250 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 3/18/2021 |
Overview / Comments
|
414-422 Vine Street, West Lafayette, IN-2 Buildings with a combined square footage of 19,528 SF, 16 units-(15) 3 bedrooms, (1) 1 bedroom. 31 parking spaces All brick building All units have access to laundry 100% leased More possible units 2 blocks from campus Income: $316,000 Expense: $116,000 NOI: $200,000 5.4% CAP |
Attachments & Media
Additional Details
| Nearest MSA: | Lafayette-West Lafayette |
| County: | Tippecanoe |
| Tax ID/APN: | 79-07-19-232-032.000-026 |
| Percent Occupied: | 100% |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 28,000 | 89,245 | 134,865 |
| Median Age: | 22.65 | 30.02 | 31.18 |
| Households: | 7,124 | 33,203 | 51,919 |
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