Multifamily
Marshall University Portfolio
136 9th Ave, Huntington, WV 25701
Listing Price: $9,050,000
Investment Overview
The Marshall Portfolio is a 42-property portfolio consisting of 100 units with a mix of studio, one-, two-, three-, four-, five- and six-bedrooms for a total of 203 bedrooms. This offering represents the opportunity to acquire a sizable portion of the Huntington, West Virginia housing market.
Currently, about 37 percent of the units are rented to Marshall University students (renters between 18-25). 100% of the properties are rented by the unit. An incoming investor could choose to rent units by the bed to students in order to increase rents. The majority of this portfolio sits in the Ritter Park area. This location is incredibly desirable, both for families and Marshall students. Ritter Park is an active, laid back area, a bit away from the hustle and bustle of campus.
Marshall University Portfolio
Investment Highlights
- The Marshall Portfolio consists of 42 properties in Huntington, West Virginia near Marshall University and Ritter Park. The properties offer studio, one-, two-, three-, four-, five-, and six-bedroom u
- Growth Projected at Marshall University Due to New President Brad Smith
- Rent by the Bed Versus by the Unit - Currently 100% of Units are Rented by the Unit
- Strong Location by Ritter Park - Laid Back, Desirable Area
Broker of Record
Listing Price: $9,050,000
Investment Highlights
- The Marshall Portfolio consists of 42 properties in Huntington, West Virginia near Marshall University and Ritter Park. The properties offer studio, one-, two-, three-, four-, five-, and six-bedroom u
- Growth Projected at Marshall University Due to New President Brad Smith
- Rent by the Bed Versus by the Unit - Currently 100% of Units are Rented by the Unit
- Strong Location by Ritter Park - Laid Back, Desirable Area
Investment Overview
The Marshall Portfolio is a 42-property portfolio consisting of 100 units with a mix of studio, one-, two-, three-, four-, five- and six-bedrooms for a total of 203 bedrooms. This offering represents the opportunity to acquire a sizable portion of the Huntington, West Virginia housing market. Currently, about 37 percent of the units are rented to Marshall University students (renters between 18-25). 100% of the properties are rented by the unit. An incoming investor could choose to rent units by the bed to students in order to increase rents. The majority of this portfolio sits in the Ritter Park area. This location is incredibly desirable, both for families and Marshall students. Ritter Park is an active, laid back area, a bit away from the hustle and bustle of campus.
Broker of Record
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