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THE RAIL YARD | 320 BEDS | UNIVERSITY OF DELAWARE - Availability Details

321 Hillside Road, Newark, DE 19717

  • For Sale Subject to Offer
  • Property Type Multi-Family
  • Property Size 144,949 Sqft
  • Lot Size 5.89 Acre
  • Year Built 2021
  • Date Updated Oct 01, 2021
Newark, Delaware
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Location

  • City Newark, DE
  • Zip Code 19717
  • Market Philadelphia

Contacts

broker

Kenneth Wellar

Rittenhouse Realty Advisors

(215) 454-2879

Highlights

  • Brand New Class-A Student Housing Project: Class-A student housing property built in 2021. The units have a townhome-style feel and feature high-end unit finishes and amenities.
  • High Barriers to Entry: Extremely difficult to build student housing near UD as there are very few sites available, if any. This protects existing student housing in the market.
  • Best Location in Market; Pedestrian to Campus: Located 1 block from campus and a short walk to all classes. This is a unique opportunity to acquire a townhome-style student housing product so close to campus.
  • Few “Purpose-Built” Student Housing Assets in Market: Only 3 other large purpose-built student housing properties in the market, and The Rail Yard competes with mostly old, run down houses, which is why there has been such a demand from students in this market.

Frequently Asked Questions

What year was THE RAIL YARD | 320 BEDS | UNIVERSITY OF DELAWARE built and finished?

THE RAIL YARD | 320 BEDS | UNIVERSITY OF DELAWARE was completed in 2021.

Attachments

Contact Listing Broker

broker

Kenneth Wellar

Rittenhouse Realty Advisors

(215) 454-2879

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