By: Connect Media
L.A.-based Champion Real Estate Company has acquired a 47-unit, potential 102-bed, student housing community located at 2353 Portland St. in Los Angeles from Century Park, LLC for $14.1 million.
Champion will rename the property ‘Victory on Portland’. It is the third addition to the company’s student-housing portfolio near the University of Southern California campus.
Work will begin immediately on a complete overhaul of the 1964-constructed apartment complex. The renovation will consist of modernizing unit interiors with new stainless steel appliances, HVAC units, stone countertops, modern cabinetry and laminate wood flooring in each unit. Champion will also fully furnish the units to include beds, couches, chairs, coffee tables, dining tables, flat screen televisions, cable, Internet, WiFi, Sonos soundbars and other amenities.
John Taksa of RE/MAX Commercial & Investment Realty represented Champion and the seller.
Visit: Off Campus USC Student Housing Victory on Portland
The ultimate in university living and only within a half-mile from campus, the Victory at Syracuse properties provide residents ultimate convenience by being within walking distance to Marshall St and all of SU’s primary facilities. Visit Syracuse Student Housing
The ultimate in university living and only within a half-mile from campus, the Victory at MSU properties provide residents ultimate convenience by being within walking distance to East Lansing’s entertainment district between Albert and Grand River Avenue and all of MSU’s primary facilities. Visit MSU Student Housing
The pinnacle of university living, Victory Student Housing is transforming the heart of Southern California with its elevated boutique residences. Bike or walk home after your class, take a tour of the Natural History Museum of Los Angeles, watch game at the Los Angeles Memorial Coliseum or take a short trip into downtown for some retail shopping. Visit USC Student Housing