JWU Student Housing Weeden

Business Opportunity for Sale
Catylist Listing ID: 30233538
Property Subtypes: Real Estate
Building Size (RSF): See Agent
Sale Price: $1,200,000
Gross Revenue: $0 (Annual)
Cash Flow: $200,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: To Be Negotiated
Last Updated: 5/25/2018

Overview / Comments

Performing Student Housing package with a net income of $200k+. TURN KEY. Video door bell/unlock system, RBH electronic lock system, WIFI thermostats, property surveillance cameras, burglar alarm, and an internal communication room that can be controlled from a smart phone. Bank financing available for qualified buyers.These buildings consist of six units/23 rentable bedrooms. Each building has:internal coin-operated laundry facilities, rentable storage units, and a secured maintenance storage space. All units are fully furnished with kitchen table/chairs, stainless steel appliances, flat screen TV's, leather couches, wall accessories and more.This also includes two parking lots (one possibly buildable) that can accommodate 12 cars. Additionally, there is a one car garage for storage or additional rental income.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Industry Segment: Other Real Estate
Reason for Selling: Other Business Interests
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $1,200,000
Seller Financing Description: Te Be Negotiated

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 42,258 259,706 462,526
Median Age: 30.23 33.07 36.31
Households: 16,459 96,537 179,870


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