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Student Housing

Charlottesville Portfolio

124 Shamrock Rd, Charlottesville, VA 22903

Listing Price: Request For Offer

Number of Units
18
Occupancy
95.0%
Gross SF
20,424

Investment Overview

Marcus & Millichap is pleased to offer to qualified investors, the Charlottesville Portfolio. The Portfolio consists of 18-units/44-beds across 6 properties which span across Charlottesville Virginia, all with great proximity to University of Virginia and surrounding local demand drivers.

Investment Highlights

  • 18-Unit/44-Bed Student Housing Portfolio Consisting of Six Properties All Within 2 Miles of University of Virginia in Charlottesville, Virginia.
  • Located at the 5th Best Public University in America, the Charlottesville Portfolio has Constant Demand and a Large Tenant Base at One of the Most Prestigious Public Universities in the Country.
  • The Charlottesville Portfolio Offers Various Unit Types, Allowing the Portfolio to Cater to All Tenant Needs.
  • Investors Have the Ability to Continue the Proven Business Model by Renovating the Remaining Standard Units and Renting By the Bed to Students.
  • Some of the Properties in the Portfolio have Been Fully Renovated to the Studs, which allows an Investor to go in with Small Cosmetic Upgrades and Raise the Rents.
  • Voted the 2nd Best Place to Live in Virginia, Charlottesville has an Airport, Hospitals, Big Box Retail, and Entertainment. The Charlottesville Portfolio has proximity to all amenities and opportunities of the city, along with proximity to the University.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Student Housing

Charlottesville Portfolio

Listing Price: Request For Offer

Number of Units
18
Occupancy
95.0%
Gross SF
20,424

Investment Highlights

  • 18-Unit/44-Bed Student Housing Portfolio Consisting of Six Properties All Within 2 Miles of University of Virginia in Charlottesville, Virginia.
  • Located at the 5th Best Public University in America, the Charlottesville Portfolio has Constant Demand and a Large Tenant Base at One of the Most Prestigious Public Universities in the Country.
  • The Charlottesville Portfolio Offers Various Unit Types, Allowing the Portfolio to Cater to All Tenant Needs.
  • Investors Have the Ability to Continue the Proven Business Model by Renovating the Remaining Standard Units and Renting By the Bed to Students.
  • Some of the Properties in the Portfolio have Been Fully Renovated to the Studs, which allows an Investor to go in with Small Cosmetic Upgrades and Raise the Rents.
  • Voted the 2nd Best Place to Live in Virginia, Charlottesville has an Airport, Hospitals, Big Box Retail, and Entertainment. The Charlottesville Portfolio has proximity to all amenities and opportunities of the city, along with proximity to the University.

Investment Overview

Marcus & Millichap is pleased to offer to qualified investors, the Charlottesville Portfolio. The Portfolio consists of 18-units/44-beds across 6 properties which span across Charlottesville Virginia, all with great proximity to University of Virginia and surrounding local demand drivers.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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