APARTMENT Amenities
• Elite 1% - Top 100 Property
• Across the street from YSU
• Social and gaming lounge
• Fitness center
• Study lounge
• Computer lounge
Community Amenities
PROPERTY INFORMATION
LOCATION
Visit Doc Center
351 Lincoln Avenue | Youngstown, OH 44502
Youngstown State University
2016
BUILT
546
BEDS
135
UNITS
Opportunity
Property Info
Location
Photo Gallery
Contact
Doc Center
Privacy
Terms of Use
PHOTO GALLERY
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Brandon Buell
Senior Managing Director – Student Housing
346.444.8982 | brandon.buell@berkadia.com
Kevin Larimer
Senior Managing Director - Student Housing
248.341.3305 | kevin.larimer@berkadia.com
BERKADIA STUDENT HOUSING TEAM
CONTACT Info
Steve Skok
Managing Director
312.845.5164 | steve.skok@berkadia.com
Mortgage Bankers
Aaron Moll
Director
248.208.0529 | aaron.moll@berkadia.com
Peter Benedetto
Senior Managing Director
248.208.3462 | peter.benedetto@berkadia.com
28411 Northwestern Highway, STE 300
Southfield, MI 48034
Phone: 248.646.7701
Detroit Office
2229 San Felipe Street, Ste 1600
Houston, TX 77019
Phone: 713.974.1300
Houston Office
125 South Wacker Drive
Suite 400
Chicago, IL 60606
Phone: 312.845.8500
Chicago Office
• Market Dominant Asset in Prime Location on University Land
• Outsized Year-1 Cash-On Cash Return
• 15-Year 100% Real Estate Tax Abatement
• Opportunity to Enhance Yield Through Supplemental Loan or Debt Placement on Unencumbered Building III
• Developed with Support of University to Help Meeting Housing Demand
• Only 1,200 On-Campus Beds Places Strong Demand for Off-Campus Housing
• Strong College Age Demographics as Ohio to Experience 12th Largest Student Population Growth Over Next 5 Years
THE OPPORTUNITY
• Fully furnished
• Internet and cable included
• Full-size washer & dryer
• Private bathrooms
• Spacious walk-in closets
• Private locked bedroom entry
Youngstown State University is situated in the Mahoning Valley, equidistant from major metros, Cleveland, OH, and Pittsburgh, PA. The university’s 145-acre campus offers a lush, green, pedestrian-friendly environment in the heart of Youngstown, OH. Campus life extends beyond the border of YSU with the presence of numerous nearby entertainment options ranging from eclectic dining and shopping destinations in Downtown Youngstown to recreational environments like the scenic Mill Creek Park. The plethora of local amenities have made living on and near campus an appealing option for many YSU students over the years, steadily removing the image of YSU as a commuter school.
University Overview
Location
Property Info
Opportunity
DOC CENTER
Terms of Use
Privacy
Photo Gallery
Contact
Rick Vidrio
Managing Director
248.341.3325 | rick.vidrio@berkadia.com
1,574
Avg SF / Unit
$1.90
Rent / SF
95%
Occupancy