Description
We are pleased to present this 2-unit student housing investment property located within walking distance of Chapman University in Orange, CA, With Chapman's increasing enrollment and high-income demographics, the demand for nearby off-campus housing has surged, making this property an ideal investment property for student housing investors or parents of Chapman students.The property consists of a fully renovated 5 Bedroom/3 Bathroom main house and a brand-new construction 2 Bedroom/1 Bathroom ADU. Both units are fully leased and generating $10,850 in monthly rent. The proximity to campus, generous living spaces, high-quality finishes, private yard area and easy access to local attractions like Disneyland and Angels Stadium make 456 Batavia a top choice for students, ensuring consistent rental demand and low vacancy rates.Dont miss the opportunity to secure this sought-after asset in an area where student housing demand shows no signs of slowing down.
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7BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
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2,255SQFT
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$876$/SQFT
Description
We are pleased to present this 2-unit student housing investment property located within walking distance of Chapman University in Orange, CA, With Chapman's increasing enrollment and high-income demographics, the demand for nearby off-campus housing has surged, making this property an ideal investment property for student housing investors or parents of Chapman students.The property consists of a fully renovated 5 Bedroom/3 Bathroom main house and a brand-new construction 2 Bedroom/1 Bathroom ADU. Both units are fully leased and generating $10,850 in monthly rent. The proximity to campus, generous living spaces, high-quality finishes, private yard area and easy access to local attractions like Disneyland and Angels Stadium make 456 Batavia a top choice for students, ensuring consistent rental demand and low vacancy rates.Dont miss the opportunity to secure this sought-after asset in an area where student housing demand shows no signs of slowing down.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-04T00:28:16.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.