Bend Avenue Student Housing
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Bend Avenue Student Housing
2 Properties Offered at $1,535,000 in South Bend, IN
Investment Highlights
- Two High-End Student Rental Houses at Notre Dame
- In-Place Rents Average $850/bedroom/month
- Projected Rental Upside of 17%+
- Located 0.6 Miles South of Campus
- Most Comparable Competitors Range from $1,225-$1,500/month
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,535,000 | Number of Properties | 2 |
| Price / SF | $156.63 / SF | Individually For Sale | 0 |
| Cap Rate | 7.12% | Total Building Size | 9,800 SF |
| Sale Type | Investment | Total Land Area | 0.39 AC |
| Status | Active |
| Price | $1,535,000 |
| Price / SF | $156.63 / SF |
| Cap Rate | 7.12% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,800 SF |
| Total Land Area | 0.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 806 S Bend Ave, South Bend, IN 46617 | 5,600 SF | - | - | |
| 627 N Saint Peter St, South Bend, IN 46617 | 4,200 SF | 2008 | - |
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Bend Avenue Student Housing
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