Benchmark III
Purdue University Student Housing Investment Opportunity
Marketing description
The Marquis Group of KW Commercial Lafayette is pleased to present this multifamily investment opportunity located near Purdue University's West Lafayette campus. 421-439 S Chauncey Avenue offers a prime location for Purdue University students, featuring well-maintained apartments with a variety of floor plans and convenient amenities.
This property features a mix of (9) 4BR/2.5BA and (1) 2BR/1.5BA apartments for a total of 38 bedrooms. Benchmark III Apartments are located on the southeast side of Purdue's West Lafayette campus, near the College of Veterinary Medicine and approximately four blocks from the Purdue Memorial Union as well as Mitch Daniels School of Business and Rawls Hall. Chauncey Hill is also a short walk (restaurants, Target and other shopping locations).
This building is master leased to Purdue University through the 2027-28 school year with 5% annual increases each August.
Investment highlights
Prime Location: Situated near Purdue University, making it ideal for students.
Walkable: Very walkable, allowing easy access to campus and surrounding amenities.
Close to Amenities - Near campus, dining options, and sporting events.
Off-Street Parking
On-site laundry facilities
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