534 Elm St, Troy, AL 36081

Rearden Wyatt is pleased to present The Laurel Luxury Student Housing, a recently built and well maintained and operated multifamily opportunity within easy walking distance to Troy University and the charming Troy town square.

This high occupancy, in-demand community comprises 12 4BR/4.5BA cottage style units for a total of 48 beds with a private bathroom per student.

Easily one of the most upscale student housing developments in Troy, this property was built with special touches throughout. Each unit has a stacking washer and dryer, refrigerator, microwave, dishwasher, stove and oven, plus central air and wifi. All appliances are electric. Averaging 475 square feet per student, there is ample living space inside and plenty of parking outside.

From an investment standpoint, this property stays full with potential rent upside. Base rent ranges from $695 to $745 per month inclusive of utilities.

Troy University is the flagship campus of the Troy University system and offers over 230 academic degree options. The school is investing heavily in its facilities, a $25M recreation center, an indoor practice facility, a new health sciences building, among others, to add to its already impressive sports complex and student facilities.