Student Housing For Sale

[Anthony Civitello]

Student housing at Kutztown University.  The building consists of a 4 bedroom house with an office space below it.  The student housing is permitted for up to 6 students.  The office space has a long term tenant that intends to stay for the foreseeable future.  Tenants pay all utilities besides gas and common area utilities.   PM me if interested.  

Financials Below:

Current Year With 5 Students
	Monthly	Yearly
Student Rental	$ 2,916.67	$ 35,000.00
Office Rental	$ 900.00	$ 10,800.00
Gross Rent	$ 3,816.67	$ 45,800.00
Taxes	$ 345.83	$ 4,150.00
Insurance	$ 158.42	$ 1,901.00
Heat	$ 182.21	$ 2,186.55
Common Area Utilities	$ 83.33	$ 1,000.00
Repairs/Maintenance	$ 126.75	$ 1,521.00
Gross Expenses	$ 896.55	$ 10,758.55
Net Income	$ 2,920.12	$ 35,041.45

Thanks, 

Anthony