+1778903233610433 Montgomery Pkwy NE Suite 300, Albuquerque, NM 87111, United States
English
Property Details
Single-Family 7 beds 3 baths
USA
Property Description
Calling all student housing investors to seize this prime opportunity! The spacious 7-bedroom, 3-bathroom, two-story single-family home is strategically located just across street from the University of Illinois at Urbana-Champaign (UIUC) campus. UIUC is the flagship institution of the University of Illinois system and is consistently ranked as a top-tier university by US News and World Report.
Tenants enjoy a cozy living environment at Urbana-S11: while each has a private bedroom, this house also offers a shared living room for social interactions, a fully functional kitchen, in-unit laundry, a delightful outdoor deck, and abundant parking spots. Recent upgrades, including fresh interior paint and new bedroom carpets, ensure a modern and welcoming atmosphere.
This property presents a golden investment opportunity. Already rented for the 2023-2024 school year, investors can anticipate a steady income stream. Furthermore, its location within a medium-high density housing zone presents an opportunity for development into a multifamily apartment building, offering the added advantage of both growth potential and Opportunity Zone tax benefits.
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