Significant Redevelopment Upside Through High-Density Expansion
The property presents a rare opportunity to materially increase density and modernize the asset through redevelopment of the existing site, which currently consists of two three-story buildings separated by a large surface parking lot; current ownership has outlined a plan to demolish the existing “I”- shaped building and develop a new five-story purpose-built student housing community, delivering 530 beds across 129 units and significantly increasing the property’s overall density and revenue-generating capacity