Brand New Student Housing Investment Near USC 45 Rooms, 47 Baths Prime Income Property
Presenting a new construction student housing asset just minutes from the University of Southern California. This high yield opportunity features 45 bedrooms and 47 bathrooms. The property is currently pre leasing to the public. Drawing from the strong demand for off campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off campus housing. This modern Coliving Space is not just great for students, but also great for young professionals.
Investment Highlights:
Projected Cap Rate: 7.8%
Projected Gross Income Multiplier (GIM): 12.79
Turnkey New Construction Low maintenance and high efficiency
Purpose Built for Student Housing High occupancy potential year round
Prime location near USC, Exposition Park, and public transit
This is a premier opportunity for investors seeking strong cash flow and long term appreciation in one of LAs most consistent rental markets. Please call or text for more details! Seller will be doing a 1031 exchange.