96 bed student housing apartments in 45 apartments in 15 properties with all separate utilities
Alfred is home to both Alfred University and Alfred State College
The Washington Post awarded Alfred the 2023 #1 College Town in America
Alfred is at the center of the US Northeast, a convenient and attractive college town for students from a wide region and around the world
Alfred University possesses an international reputation in ceramic engineering.
Listing Status: | Available |
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Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings | Student Housing |
Price: | $3,300,000 |
No. of Units: | 45 |
Cap Rate: | 9.2% |
Average Occupancy: | 100 |
Building Size: | 42,480 Sq ft |
Opportunity Zone: | No |
Price per unit: | $73,333 |
Income/expense info: | Pro Forma |
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Financial year: | 2024 |
Gross income: | 527574 |
Effective Gross income: | 510695 |
Operating expenses: | 208394 |
Net operating income: | 302301 |
CBRE | Nevada
Marcus & Millichap
Avison Young - US - NY - New York
GREA
California
North Carolina
California