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21800773
21800790

29 Locations

JH
NY NY - 10491207540, NJ NJ - 1433362 (+2)
Triforce Commercial Real Estate LLC
Listed by Triforce Commercial Real Estate LLC
$10,500,000
478 days on market
Updated 67 days ago

U at Albany Off-Campus Student Housing 29 Property Portfolio

Details
Property Type Multifamily, Special Purpose
Sub Type Student Housing
Units 55
Cap Rate 8.00%

University at Albany Off-Campus Student Housing 29 Property Portfolio

Marketing description

Triforce Commercial is pleased to present an exceptional investment opportunity—a fully leased, turnkey student housing portfolio in Albany, NY’s desirable Pine Hills neighborhood. Priced at $10,500,000, this portfolio consists of 29 properties, 55 units, and 201 beds, strategically located between the University at Albany’s main and downtown campuses. With a proven rental income stream, one-year leases secured by personal guarantees (PGs), and recent capital improvements such as new roofs, high-efficiency Navien hot water systems, and gas boilers under 10 years old, this offering provides investors with a stable, low-maintenance asset in a high-demand student rental market. The properties are within walking distance to restaurants, bars, retail, and entertainment, making them highly desirable for students.

Albany’s off-campus student housing market continues to thrive due to limited new supply and increasing enrollment, positioning this portfolio as a highly competitive option. The financials will be provided only upon execution of a Non-Disclosure Agreement (NDA) and proof of funds submission.

Listing Contacts

JH
NY NY - 10491207540, NJ NJ - 1433362 (+2)
Triforce Commercial Real Estate LLC
Listed by Triforce Commercial Real Estate LLC

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Additional Information

Name
Jason Horowitz
License
NY - 10491207540
Brokerage Phone
8454506500
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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