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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.

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

    (650) 391-1700

    License(s) CA: 01329267

    California

Student Housing

Garden Village

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

    (650) 391-1700

    License(s): CA: 01329267

    California

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