Apartment Buildings /DEV /Devon County /Plymouth /5-7 Gibbon Ln
Apartment Buildings /DEV /Devon County /Plymouth /5-7 Gibbon Ln

5-7 Gibbon Ln - Dormitory FOR SALE


Plymouth, DEV PL4 8BS | 
$3,100,000 USD
752-598-4443
5-7 Gibbon Ln, Plymouth, DEV for Sale
$3,100,000 USD
Dormitory - FOR SALE
1/5
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5-7 Gibbon Ln
Plymouth, DEV PL4 8BS

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HIGHLIGHTS

  • Purpose built student block producing £181,447 gross pa.
  • Derelict house which has an extant planning consent for the construction of PBSA containing 12 studios
  • Former pub which has been closed for a number of years and could form part of a new PBSA scheme (STPP)

OVERVIEW

The freehold of the properties are available for £3,100,000 subject to the grant of planning permission for a 71 studio PBSA scheme. If planning permission is obtained for more studios, then the price will increase by £27,000 per studio, an overage will apply.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$868 USD /SF

# OF UNITS

91

PRICE/UNIT

$34,066

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Student Accommodation

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

DN108101

ASK ABOUT THIS PROPERTY

Joanne HighVickery HolmanMore Info
752-598-4443

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Joanne HighVickery HolmanMore Info
752-598-4443

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

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