Floorplan for development project

[Nat C.]

Could I please get some feedback on this floorplan?

This is for a duplex- total sq footage is 3200 sq feet. There is one unit on the ground floor and one unit above it. The reason I bought the property was to be utilized as student housing. It's right next to a university which I was told has a shortage of student housing. One idea was to rent out the rooms to students at $700-$800 (all inclusive). Therefor having more bedrooms is going to have a higher ROI. However in saying so, I don't want to build a bad property with an undesirable floorplan. If the student housing plan doesn't float well, I will rent it out as a regular rental. The area has a strong rental market. My question is, is the floorplan unattractive due to the small lounge room and living area size? You can see in the images that there is only 1 bathroom and a small lounge area for 4 bedrooms. Is this impractical? What about perhaps just making the 4th bedroom a lot small to enlarge the living area?

Feedback and thoughts appreciated!

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Nat, 

I would say you need two bathrooms per floor, I have rented to this crowd in the past and it's all about the bath room and some type of hang out room. Their personal bedrooms never need to be that big. Even if your not going to rent to students, with 4 bedrooms you still would be better off with 2 bathrooms.