440-450 S Grant St - Apartments FOR SALE
West Lafayette, IN 47906 |
440-450 S Grant St
West Lafayette, IN 47906
HIGHLIGHTS
- 144-bed student housing asset in West Lafayette, IN
- Located on Big 10 Purdue University campus
- (34) 4-Bed / 1.5-Bath units and (2) 4-Bed / 2-Bath units
- Asset consisting of 2 buildings constructed in 1986
- Master lease in-place with Purdue through the 2027/2028 school year. Stable, risk-free cash flow
- Possible future on-campus redevelopment opportunity
FOR SALE DETAILS
PRICE
-
# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Benchmark II
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
59736
STORIES
3
YEAR BUILT
1983
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
79-07-19-480-001.000-026,79-07-19-480-006.000-026,79-07-19-480-009.000-026
