CDI Mgmt Student Housing Portfolio @ USC Multi-Family FOR SALE


Los Angeles, CA - West Adams
$45,000,000 USD
818-321-6490
, Los Angeles, CA for Sale
$45,000,000 USD
Multi-Family - FOR SALE
1/6
null | 4.26% Cap Rate

CDI Mgmt Student Housing Portfolio @ USC
Los Angeles, CA
West Adams


HIGHLIGHTS

  • Excellent USC Student Housing Investment!
  • All buildings within walking distance to USC and USC Village! In the USC Patrol Zone!
  • 92 total units, 115 bedrooms, 230 beds (double occupancy)!
  • Occupancy potential of 400 beds!
  • Currently occupied by all USC students!

OVERVIEW

We're excited to present the CDI Management Student Housing Portfolio at USC! This portfolio features prime locations just minutes from campus, offering students a convenient, safe, and vibrant living experience within the USC Patrol Zone! Property amenities include parking, laundry rooms, central air, dishwashers, hardwired security cameras and individually metered units for electricity! There is potential to build 14 ADUs at the prime Trojandale – 2623 Ellendale Pl location and at the Spot – 721 W 30th St. (Buyer to confirm). These properties have strong occupancy rates and a proven track record of success. CDI Management's 20+ years of leasing & maintenance experience is included in the sale! The five-property portfolio offers a rare opportunity to invest in USC's thriving student housing market. Some units will be delivered vacant—creating immediate potential for rental growth. Renting to university students can be a smart strategy for property owners, particularly when trying to shield investments from the potential impacts of rent control. Every year the students lease from August 1st to July 31st during the school year and vacate as they graduate allowing the owner to increase rents to market. Each property may be sold separately. Don't miss out on your opportunity to own this great student housing investment!

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.