Anyone ever seen this before?

[Lesley Resnick]

My daughter is a sophomore in college and will not be living in the dorm next year.  She will be living in a shared apartment.  The interesting part is that she will be in a quad and will have her own bedroom and bathroom while sharing a kitchen and living room.  Her lease will be for her own room and not tied to the other roommates.  They get $580 plus utilities  per room or $2,320 for the quad.  The going rate for a si,air unit if you rented the entire unit is $1500-$1700.  Not a bad premium for splitting out the rooms.  I would expect  the turn over to be high, but their vacancy rate to be low.  Fining single students to rent a single room is not difficult in a college town.

Has anyone ever done something like this? The buildings were constructed with this model in mind. However, I think larger SFH houses could be configured this way. This could be a great market for the higher cost cities or to create low income housing for single people.