Student Housing by NC State

2208 Garden Place, Raleigh NC 27607

Student Housing by NC State

2208 Garden Place, Raleigh NC 27607
ASSET TYPEStudent Housing
PRICE$ 1,695,000
PRICE PER UNIT$ 99,706 per Bedroom
TOTAL UNITS17 Bedroom
OCCUPANCY100%
YEAR BUILT1961
MARKETNC State University & Downtown Raleigh
STATUSAvailable

Investment Highlights

● 17-BEDROOM STUDENT HOUSING in walking distance to NC State University, Downtown Raleigh and Cameron Village

● Ongoing shortage of NC State student and fraternity housing allows new owner to continue operating as student/fraternity housing, or reposition asset, or redevelop as desired

● Leased directly to and guaranteed by housing corporation for national fraternity, who are highly motivated to sign a long-term lease extension

● Completely surrounded by major construction already in progress

● Rock solid building, easy to manage asset, cash-flowing investment, no hassle tenant, superior location

Offering Materials

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Contact Info

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com