Unit 48 West
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Available on
December 15, 2023
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Time on Market
4 months
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Last updated
Dec 14, 2023
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Space ID
2151113
Property Details
Diverse Unit Mix: Differentiated product with a combo of townhome-styled apartments and the largest flats available in the market. Ideal Location: Situated across the street from university-owned land and roughly one mile from the heart of campus. Student Scalability: 920-Bed, off-campus village community with the potential to develop additional beds on land included in this opportunity. Growing University: Grand Valley State University is ranked as one of the top universities in the Midwest with enrollment over 22,000 students for the Fall 2023 school year and enrollment expected to continue to grow. Extensive Amenities: Property features the largest amenity package in the market, inclusive of retail. Value Add Potential: Asset offers the opportunity to upgrade units, providing outsized market rent growth versus to continue achieving rent growth.
- Property TypeSpecial Purpose
- Submarket
- Total Building Size411,644RSF
- Total Available411,644RSF
- Last updatedDec 15, 2023
- Property ID2229799