Victory at Syracuse
Off-Campus Student Housing | 268 Units | 713 Beds
Overview
- Offering Price $115,000,000
- Properties 50
- Units 26
- Price per Unit $429,104
- Beds 713
- Price per Bed $161,290
GREA exclusively offers to investors the opportunity to acquire the fee simple interest in the Victory at Syracuse Portfolio, a premier student housing option close to Syracuse University. This luxury portfolio features properties with fully furnished units, inclusive utility packages, and an extensive list of amenities. Located within walking distance of the Syracuse University campus and popular areas, the Victory at Syracuse Portfolio, with 268 units and 713 beds, maintains high occupancy rates with strong pre-leasing interest for the upcoming school year.
Syracuse University is a private research institution located in the heart of Central New York. Founded in 1870, SU has grown its academic divisions to 13 schools and colleges. With more than 40 research centers and institutions, Syracuse University is one of 39 private doctoral universities nationwide with an R1 Carnegie Classification. The University records over $80M in sponsored research, development, training, and other grants (2022/23 AY). Syracuse provides a sense of community to its 15,000 undergraduates and 7,000 graduate students, with over 300 student organizations, NCAA Division I athletics, and a range of cultural and artistic events.
Approximately 8,000 students live on campus, primarily undergraduate students as Syracuse requires most first- and second-year students to live on campus. 50% of undergraduates live off campus. Many students move off-campus after their first or second year, particularly to areas close to the university, such as the neighborhoods surrounding University Hill and Westcott.
Syracuse University’s student population continues to grow, creating sustained demand for housing. This trend aligns with the Portfolio's stable performance and is expected to support ongoing occupancy and revenue growth.