The Marquis Group with KW Commercial Lafayette is pleased to present this prime student housing opportunity master leased to Purdue University.? Cedarwood Apartments are located on the northeast side of Purdue's West Lafayette campus, about one block away from the Engineering Mall and approximately 3 blocks from the Purdue Memorial Union as well as Mitch Daniels School of Business and Rawls Hall.? Chauncey Hill Mall is also a short walk (restaurants, Target and other shopping locations).?
Cedarwood Apartments offers 96 Beds: (18) 4BR/1.5BA; (4) 3BR/3BA; and (4) 3BR/1.5BA
This is a value add opportunity with the possibility of converting the 4BR/1.5BA units to highly desirable 3BR/3BA units. By eliminating a 4th bedroom it would allow for an easy conversion to have a better ratio of bedrooms to bathrooms. This location is one of the closest multifamily opportunities to the heart of campus!
515-527 N Grant St, West Lafayette, IN 47906
Can also be assembled with:
Benchmark II: $12,995,000 (Master Leased to Purdue through the 2027-28 School Year)
This property offers 144 Beds: (34) 4BR/1.5BA; (2) 4BR/2BA)with either a balcony or patio.?
440 S Grant St, West Lafayette, IN 47906
447 S Chauncey Avenue, West Lafayette, IN 47906
and
Benchmark III: $3,995,000 (Master Leased to Purdue through the 2027-28 School Year)
This property offers 38 Beds: (9) 4BR/2.5BA and (1) 2BR/1.5BA townhome style living
421-439 S Chauncey Avenue, West Lafayette, IN 47906