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Kitchen featuring a breakfast bar area, stainless steel refrigerator, a baseboard radiator, kitchen peninsula, and white cabinets

Kitchen featuring white cabinetry, a baseboard radiator, a kitchen breakfast bar, light hardwood / wood-style floors, and kitchen peninsula

Bathroom featuring vanity, hardwood / wood-style floors, toilet, and walk in shower

Bathroom with a shower, radiator, sink, and toilet

Bathroom with tile walls, vanity, curtained shower, and toilet

Bedroom featuring a baseboard radiator and dark hardwood / wood-style flooring

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Kitchen with radiator heating unit, tasteful backsplash, sink, stainless steel gas range oven, and light hardwood / wood-style flooring

Kitchen with white cabinetry, a breakfast bar, stainless steel refrigerator, and light hardwood / wood-style flooring

Washroom featuring crown molding, a healthy amount of sunlight, independent washer and dryer, and light hardwood / wood-style floors

Spare room featuring light hardwood / wood-style floors

Empty room featuring plenty of natural light, a baseboard heating unit, and light wood-type flooring

Unfurnished room with ceiling fan and light wood-type flooring

Unfurnished room with radiator and hardwood / wood-style floors

Spare room featuring crown molding, radiator, ceiling fan, and light wood-type flooring

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Description

We are pleased to present an exceptional investment opportunitya fully leased, turnkey student housing portfolio in Albany, NY’s desirable Pine Hills neighborhood. Priced at $10,500,000, this portfolio consists of 29 properties, 55 units, and 201 beds, strategically located between the University at Albany’s main and downtown campuses. With a proven rental income stream, one-year leases secured by personal guarantees (PGs), and recent capital improvements such as new roofs, high-efficiency Navien hot water systems, and gas boilers under 10 years old, this offering provides investors with a stable, low-maintenance asset in a high-demand student rental market. The properties are within walking distance to restaurants, bars, retail, and entertainment, making them highly desirable for students. Albany’s off-campus student housing market continues to thrive due to limited new supply and increasing enrollment, positioning this portfolio as a highly competitive option. The financials will be provided only upon execution of a Non-Disclosure Agreement (NDA) and proof of funds submission.

Details

Features

Interior

Exterior

Utilities

Taxes

MLS Number: 825042

Listing Provided By: Jason Horowitz – (845) 323-9177 – jason@triforcecre.com

Triforce Commercial RE LLC – (845) 450-6500 – jason@triforcecre.com