Victory On 30th
Student housing adjacent to USC campus in Los Angeles, CA.
Victory On 30th
Project Profile
Investment Type: Luxury Student Housing Development
Units: 24 two-bedroom units, 96 beds
Purchase Price: $3,700,000
Est. Project Cost: $13,000,000
Est. Equity Investment: $5,100,000
Status
Stabilized
Business Plan
Utilize existing zoning for “by-right” approval to build 24 luxury flats for rent, stabilization, refinance, and hold for long-term investment.
Investment Highlights
Location: “A” location within two blocks of campus
Purchase: Purchased at a discount to market value
Lease-Up: 100% occupancy for 2021 – 2022 academic year
