The Lofts at Binghamton - Binghamton NY

Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF Inquire
Asset Type Student Housing
Trade Type Sale
SQ. FT. Available 40,700
Date Available 01/23/2018
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Description

OVERVIEW: 94 BED - 3 PROPERTY ASSET, 8,400 SF OF RETAIL, NEW FINISHES & FURNITURE, CLUSTERED DOWNTOWN LOCATIONS, 100% PRE-LEASED FOR 2018-19 SCHOOL YEAR
BINGHAMTON UNIVERSITY: FALL 2017 ENROLLMENT OF 17,309, STRONG EN- ROLLMENT GROWTH WITH 13.07% IN- CREASE SINCE 2012, 91.70% FRESHMAN RETENTION - AMONG HIGHEST IN THE NATION

OPPORTUNITY: BOTH TURN-KEY & VAL- UE-ADD POSSIBILITY, ROBUST RENT GROWTH, RAPIDLY DEVELOPING NEIGH- BORHOOD, STRONG PUBLIC UNIVERSITY, FREE & CLEAR OF EXISTING FINANCING

Review the offering memorandum and contact Sean Lyons for full details.

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