Front Street Portfolio (135, 141 &151)

Description:

135, 141 and 151 Front Street present an excellent opportunity to acquire a well-maintained student housing portfolio in a premium Binghamton location. Situated within walking distance of Downtown Binghamton, the Clinton Street Bridge, and the Court Street Bridge, the properties offer tenants convenient access to restaurants, entertainment, transportation, and nearby amenities.

The portfolio is well-suited for student housing, with large units, oversized bedrooms, and ample off-street parking. This combination is highly desirable in the downtown rental market, where walkability and parking are both important drivers of tenant demand.

These properties offer investors a stable, well-located student housing asset with strong market fundamentals, functional layouts, and a competitive position within the Binghamton student housing market.

NOI and CAP Rate quoted are Pro Forma.


Located along Front Street in Binghamton, 135, 141 and 151 Front Street offer a premium student housing location within walking distance of Downtown Binghamton, the Clinton Street Bridge, and the Court Street Bridge. The properties provide convenient access to restaurants, entertainment, public transportation, and the surrounding downtown amenities, while maintaining the rare advantage of ample off-street parking.

The complexes are well-suited for student housing, with large, spacious units and bedrooms that appeal to tenants seeking both convenience and comfortable living space. The combination of walkability, parking, scale, and proximity to Downtown Binghamton positions this offering as a highly attractive student housing asset.



Well-maintained student housing portfolio consisting of 135, 141 and 151 Front Street in Binghamton, NY
Premium student housing location within walking distance of Downtown Binghamton
Convenient access to the Clinton Street Bridge and Court Street Bridge
Large, spacious units with oversized bedrooms, well-suited for student housing demand
Ample off-street parking, a significant competitive advantage in the downtown rental market
Strong tenant appeal due to the combination of walkability, parking, and unit size
Located near restaurants, entertainment, public transportation, and downtown amenities
Positioned in an established rental corridor with strong student housing fundamentals
Attractive opportunity to acquire scale in a well-located Binghamton student housing asset
Functional layouts and generous bedroom sizes support strong leasing potential
Offers investors a stable, well-positioned asset with long-term rental demand
Rare combination of downtown proximity and dedicated parking

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