Victory On 30th
Victory On 30th
Student housing adjacent to USC campus in Los Angeles, CA.
DEVELOPMENT | STUDENT HOUSING
Victory On 30th
Project Profile
- Investment Type: Luxury Student Housing Development
- Units: 24 two-bedroom units, 96 beds
- Purchase Price: $3,700,000
- Est. Project Cost: $13,000,000
- Est. Equity Investment: $5,100,000
Status
Stabilized
Business Plan
Utilize existing zoning for “by-right” approval to build 24 luxury flats for rent, stabilization, refinance, and hold for long-term investment.
Investment Highlights
- Location: “A” location within two blocks of campus
- Purchase: Purchased at a discount to market value
- Lease-Up: 100% occupancy for 2021 – 2022 academic year
