Outlook Apartments | Turnkey Development
Outlook Apartments is a turnkey development opportunity serving both Ithaca College and Cornell University in Ithaca, NY. The opportunity is shovel ready for an investor with all plans and approvals in place. Located ¼ mile from Ithaca College and less than 1 mile from the downtown core, Outlook Apartments is a one of a kind development. The community will feature 66 units and 153 beds in studio, one, two, and three bedroom configurations. Built into a hillside, Outlook will also offer an indoor rooftop lounge, skyline rooftop terrace, fitness room, media/game room, and sauna among many other Class A amenities. Each unit will feature fully furnished apartments, stainless steel appliances, quartz counter tops, in-unit washer, and luxury vinyl plank flooring in the common areas.
Ithaca College enrolled 6,300 students for Fall 2019 with Cornell University enrolling an additional 24,000 students. US News & World Report ranks Ithaca College as the #8 Best University in the North and #13 for Best Value. Cornell University is considered one of the premier universities in the world and is among the eight Ivy League institutions in the US.
Over 30,000 college students in a 3-mile radius
Market wide vacancy rate sub 2%
Ithaca has the highest rate of job growth in New York
Rates below the competitive set
Closest student housing community to Ithaca College with next closest community 1970's built
Skyline rooftop terrace with spectacular views to the North and West
Study Room
Indoor rooftop lounge
Media & Game Room
Courtyard with hanging chairs And more…
- Property Type
Office
- Submarket
- Total Acres
2.85
- Property ID
2170298
