Property details
California Student Housing Investment Opportunity, Pacific West Region
Property Description
California Student Housing Investment Opportunity
Rare offering - won't last long!
Offering returns in excess of 15% to 20% per year in a very stable market.
Developer seeking, on a first come first serve basis, a $8 million equity partner investment.
This student housing project is already 1/2 built.
This opportunity has only risen due to the drying up of EB-5 investors (resulting from Covid 19).
This student housing is for a major California University.
There is currently no other off-campus dedicated student housing (this will be the only one).
$8 million buys the investor approx. 10% equity interest in the ownership company.
This project will be distributing a lot of cash flow.
The target opening will be for the 2021 school year and they expects to be fully occupied by August 1, 2021.
A major student housing management company has been engaged to handle the lease up.
Images
Highlights
- Status:
- Available
- Price:
- $8,000,000
- Cap Rate:
- 15.00%
Property Information
- Property Type:
- Student Housing
- Industry Type:
- Student Housing
- Units/Spaces:
- 1
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.