Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Pets: | No Pets Allowed |
Financials
Price:$10,500,000
Listing Courtesy of Triforce Commercial RE LLC
We are pleased to present an exceptional investment opportunity a fully leased, turnkey student housing portfolio in Albany, NY s desirable Pine Hills neighborhood.
- 1
- Kitchen featuring a breakfast bar area, stainless steel refrigerator, a baseboard radiator, kitchen peninsula, and white cabinets
- 3
- Kitchen featuring white cabinetry, a baseboard radiator, a kitchen breakfast bar, light hardwood / wood-style floors, and kitchen peninsula
- 5
- Bathroom featuring vanity, hardwood / wood-style floors, toilet, and walk in shower
- Bathroom with a shower, radiator, sink, and toilet
- Bathroom with tile walls, vanity, curtained shower, and toilet
- 9
- Bedroom featuring a baseboard radiator and dark hardwood / wood-style flooring
- Plan
- Kitchen with radiator heating unit, tasteful backsplash, sink, stainless steel gas range oven, and light hardwood / wood-style flooring
- Kitchen with white cabinetry, a breakfast bar, stainless steel refrigerator, and light hardwood / wood-style flooring
- Washroom featuring crown molding, a healthy amount of sunlight, independent washer and dryer, and light hardwood / wood-style floors
- Spare room featuring light hardwood / wood-style floors
- Empty room featuring plenty of natural light, a baseboard heating unit, and light wood-type flooring
- Unfurnished room with ceiling fan and light wood-type flooring
- Unfurnished room with radiator and hardwood / wood-style floors
- Spare room featuring crown molding, radiator, ceiling fan, and light wood-type flooring
Description
We are pleased to present an exceptional investment opportunity—a fully leased, turnkey student housing portfolio in Albany, NY’s desirable Pine Hills neighborhood. Priced at $10,500,000, this portfolio consists of 29 properties, 55 units, and 201 beds, strategically located between the University at Albany’s main and downtown campuses. With a proven rental income stream, one-year leases secured by personal guarantees (PGs), and recent capital improvements such as new roofs, high-efficiency Navien hot water systems, and gas boilers under 10 years old, this offering provides investors with a stable, low-maintenance asset in a high-demand student rental market. The properties are within walking distance to restaurants, bars, retail, and entertainment, making them highly desirable for students.
Albany’s off-campus student housing market continues to thrive due to limited new supply and increasing enrollment, positioning this portfolio as a highly competitive option. The financials will be provided only upon execution of a Non-Disclosure Agreement (NDA) and proof of funds submission.
Amenities
- Electricity Available
- Natural Gas Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.