735 17th St

STUDENT HOUSING INVESTMENT OPPORTUNITY ON THE HILL

This 9-bed, 3-unit property is leased through July 2027, generating gross rents of $195,660 for the 2026–2027 school year and offering a projected cap rate of 5.79%.​ The current layout functions like a 9-bedroom house with a 10,915 SF lot that allows for expansion.​ The property also presents an opportunity for redevelopment, with the potential to increase the total capacity to up to 24 beds.​

Offered At:   $2,600,000

Property Type:   MUH

Building Size:   Current: 3,678 SF

Build To: 10,908 SF

Parcel Size:   10,915 SF

3 Units | 9 Beds

Average Rents:   $1,675/Bed

Zoning:   RM2 

PROPERTY HIGHLIGHTS:

9 Bed / 3 Unit property leased through 07/2027.

Gross Rents for the 26-27 School Year: $195,660.

Projected Cap Rate: 5.79%.

Current layout: lives like a 9-bedroom house with three.

kitchens on a 10,915 SF lot that allows for expansion.

Potential to redevelop the property up to 24 Beds total.