STUDENT HOUSING

Multi-Family for Sale
Catylist Listing ID: 30716586
Property Subtypes: Student Housing
Number of Units: 22 Units
Building Size (RSF): 17,528 SF
Gross Land Area: 19,650 SF
Sale Price: $2,390,000
Unit Price: $108,636.36 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Waterford Place
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/20/2021

Overview / Comments

WATERFORD APARTMENTS
$2,390,000
22 units
(21) 2 bedrooms, (1) Studio
Income: $244,290 Expense: $118,800
NOI: $125,490
HIGHLIGHTS
All electric
Parking 37
All major appliances
100% leased
Balcony/patio
Secured entrance
Across from Purdue Vet School

Attachments & Media

Financials

Finance Data Year 2021
Gross Operating Income $244,290 (Annual)
Net Operating Income $125,490 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lafayette-West Lafayette
County: Tippecanoe
Tax ID/APN: 790719480007000026
Zoning: R3W
Percent Occupied: 100%
Total Number of Buildings: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,618 95,531 139,100
Median Age: 22.91 29.8 31.23
Households: 7,383 36,018 53,391
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