Documents
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Attributes
Year Built | 1997 |
Building Area Net |
|
Number of units | 172 |
Occupancy | 64.0 % |
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, and Crexi are pleased to offer qualified investors the oppor tunity to purchase The Wylder, (the “Proper ty ”) via the Crexi Auction Platform. The proper ty consists of 172 units / 656 beds and spans across 12 total buildings in Columbia, Missouri. The Proper ty was constructed in 1989, renovated in 2000 and is located steps from the south side of campus. The asset is currently 63% occupied while the market is currently 95.4% occupied allowing for significant occupancy growth. Additionally, the proper ty ’s in-place rents are currently $176 per bed behind the comp set. New Ownership is afforded the opportunity to bring rents and occupancy to market which would result in an additional $2,289,936 in annual revenue.
Investment Highlights
▸ REO Asset Offered at Attractive Going-In Basis