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33356430
33356431

5 Locations

AB
NY 10301216498
Acropolis Realty Group
BM
NY 10401302377, 10301218524
Acropolis Realty Group
Listed by Acropolis Realty Group
$2,550,000
1 day on market
Updated 1 day ago

Syracuse Universitry Student 5 Package Housing Portfolio

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 18,258
Cap Rate 8.50%
Occupancy 100%

Turnkey SU Portfolio For Sale

Marketing description

Turnkey SU Portfolio for Sale presents a rare opportunity to acquire a fully leased student housing portfolio in Syracuse’s highly sought-after University neighborhood. Comprised of 5 multifamily assets comprised of 4 legal triplexes and 1 legal four-unit building.The portfolio totals 16 units and 41 bedrooms with an existing 8.5%–9% cap rate and strong in-place cash flow supported by proven rental history.

The portfolio includes 722-724 Westcott St., 716 Westcott St., and 708-710 Westcott St., which must be sold together, plus 162-164 Redfield Pl. and 909-911 Westcott St., available individually or together.

These properties feature predominantly 3-bedroom units, two high-demand 1-bedroom units, separate utilities, valid Certificates of Compliance, off-street parking at most properties, and many updated kitchens and bathrooms. Solid roofs, mechanicals, and electrical systems further support ease of ownership.

Located near Syracuse University, SUNY ESF, the JMA Wireless Dome, Thornden Park, and the vibrant Westcott Business District, Turnkey SU Portfolio for Sale offers investors immediate scale, stable occupancy, and long-term upside in one of Syracuse’s most desirable student housing corridors.

Investment highlights

Rare opportunity to acquire a fully leased student housing portfolio consisting of 5 multifamily

properties where tenants pay utilities. Comprised of 4 legal triplexes and 1 legal four-unit building. All properties maintain valid Certificates of Compliance and offer strong cash flow backed by a proven rental history.

Listing Contacts

AB
NY 10301216498
Acropolis Realty Group
BM
NY 10401302377, 10301218524
Acropolis Realty Group
Listed by Acropolis Realty Group

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Additional Information

Name
Andréa Bucci
License
10301216498
Brokerage
Acropolis Realty Group
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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