Property Type:
Multi-Family
Lot Size (sq. ft.):
17,424
Status:
Active
Current Price:
$1,860,000
List Date:
10/14/2026
Last Modified:
10/14/2026
Overview
Description
Excellent investment opportunity adjacent to Youngstown State University! This 25-unit, 47-bed student housing portfolio consists of three buildings in a highly walkable location just steps from campus. Currently 96% occupied, the property generates approximately $29,000 in monthly rental income with a strong history of leasing performance. The portfolio offers a diverse unit mix and significant value-add potential through the implementation of a utility reimbursement program, with an estimated $62,000 in additional annual revenue. With strong in-place cash flow, consistent student housing demand, and a clear path to increased NOI, this is an attractive opportunity for investors looking to expand their multifamily portfolio.
Last Updated: October - 14 - 2026
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