215-454-2879
, Ithaca, NY for Sale
FOR SALE
1/18
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STUDENT PORTFOLIO (99 UNITS/349 BEDS)
Ithaca, NY


HIGHLIGHTS

  • Rental Upside Potential
  • (2) Building Lots and (6) Large Lots for Further Development
  • High Demand / Stable Sub-Market
  • Situated Adjacent to Top-Rated Cornell University
  • Cornell University’s Enrollment Exceeds 26,790 (Fall 2024)

OVERVIEW

• 27 Total Properties • 139,375± Square Footage • 349 Total Beds • 82 Total Parking Spaces • All FF&E Included • Fully Leased for 2024-25 SY and 2025-26 SY (12-Month Leases) • Historic 100% Occupancy 349-bed portfolio comprised of well-maintained student housing properties all leased for the 2024-25 SY and 2025-26 SY and on 12-month leases with historic 100% occupancy. The Properties, featuring high quality renovations and low maintenance costs, are situated on three adjoining streets with contiguous lots in Collegetown. There is significant upside potential from yearly rental increases.

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215-454-2879

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215-454-2879

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