Bloomsburg University

500 Honeysuckle Court Bloomsburg, PA 17815



Property Details

  • Price-
  • Property TypeStudent Housing
  • NeighborhoodBloomsburg University
  • Number of Units147
  • Lot Size-
  • Price/Unit-
  • Price/Bedroom-
  • Year Built1971 / 2011

Investment Highlights

  • All Units Either New Construction Or Recently Renovated
  • Tenants Pay All Utilities
  • Currently & Historically Occupied At 100 Percent
  • All Units Come Fully Furnished
  • Off-Street Parking Available At All Locations
  • Washer & Dryer In Most Units & At All Locations
  • 10,159 Full-Time Students At Bloomsburg University
  • Excellent Locations Surrounding Bloomsburg University
  • Portfolio Is Already Approximately 85 Percent Leased For The 2013–2014 Academic Year
  • Extremely High Barriers To Entry In Student Housing In The Town Of Bloomsburg

Description

The Greystone Student Housing Portfolio offers investors the unique opportunity to acquire a prominent student housing portfolio. The majority of the properties are directly across the street from Bloomsburg University’s campus in Bloomsburg, PA. The portfolio consists of 6 locations, totaling 147 units, 394 bedrooms (licensed for 436 beds) and one leasing/management office.

The Portfolio’s properties have consistently operated at or very close to 100 percent occupancy. The majority of the buildings were constructed within the past ten years. The most historic property in the portfolio is the Glenn Avenue location, which was built in 1971, and which was substantially renovated and updated within the last 4 years.

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NOTE: This property is no longer available.


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