Student Housing
Garden Village
2201 Dwight Way, Berkeley, CA 94704
Listing Price: Request For Offer
Number of Units
77
Occupancy
95.0%
Gross SF
64,301
Investment Overview
Marcus & Millichap is pleased to bring to market Garden Village at the University of California, Berkeley - the number one public university in the world.
Garden Village
Investment Highlights
- 77-Unit, 236-Bed Student Housing Community Built in 2016 with a Mix of Two- and Four-Bedroom Units. Offers Single and Double Occupancy Bedrooms.
- Adjacent to the University of California, Berkeley, The Number One Public University in the World. Total Enrollment Over 45,000 & Steadily Increasing. One of the Most Supply Constricted Markets in US.
- Ability to Capitalize on Shared Beds. Opportunity to Increase the Number of Shared Beds - Potential to Increase Rent per Unit by $363/Month (Two-Bed Units) and $566/Month (4-Bed Units).
- Upside in Operational Efficiencies. Unique Value-Add Management Opportunities.
- Unique Amenity Upgrade Opportunity. Main Amenity is a Working Rooftop Farm and Flower Garden. Potential to Create More Income.
Exclusively Listed By
Broker of Record
-
Ramon Kochavi
First Vice President / District Manager
Listing Price: Request For Offer
Number of Units
77
Occupancy
95.0%
Gross SF
64,301
Investment Highlights
- 77-Unit, 236-Bed Student Housing Community Built in 2016 with a Mix of Two- and Four-Bedroom Units. Offers Single and Double Occupancy Bedrooms.
- Adjacent to the University of California, Berkeley, The Number One Public University in the World. Total Enrollment Over 45,000 & Steadily Increasing. One of the Most Supply Constricted Markets in US.
- Ability to Capitalize on Shared Beds. Opportunity to Increase the Number of Shared Beds - Potential to Increase Rent per Unit by $363/Month (Two-Bed Units) and $566/Month (4-Bed Units).
- Upside in Operational Efficiencies. Unique Value-Add Management Opportunities.
- Unique Amenity Upgrade Opportunity. Main Amenity is a Working Rooftop Farm and Flower Garden. Potential to Create More Income.
Investment Overview
Marcus & Millichap is pleased to bring to market Garden Village at the University of California, Berkeley - the number one public university in the world.
Exclusively Listed By
Broker of Record
-
Ramon Kochavi
First Vice President / District Manager
