Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1965
Occupancy 88.0 %

Property Description

The Property offers its tenants a premier location relative to campus and highly desirable neighborhood such as bars, restaurants, and stores. A new owner will have an opportunity to enhance NOI through unit upgrades and cost saving operational adjustments. Furthermore, the Property will benefit from expected improvements to the supply and demand fundamentals including the new Homer Stryker M.D. School of Medicine that just opened with its inaugural class. The community includes a wide variety of floor plans in studio, one, two, three, four, and six bedroom unit configurations.

Investment Highlights

  • Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, HFF) is pleased to present 13 Twenty-Four (The Property), a 302 unit/641 bed student housing community located steps from Western
  • Michigan University (WMU) in Kalamazoo, Michigan. WMU enrollment is approximately 23,000 with nearly 68% of students living in off-campus housing.
Scott Clifton
Scott Clifton
Director, Capital Markets
License details
IL-475.17091
Ryan McBride
Ryan McBride
Director, Capital Markets
License details
TX-615957

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