Portfolio

Chandler Crossings Portfolio

East Lansing, MI, US

Chandler Crossings Portfolio_Property for Sale

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Chandler Crossings Portfolio 2_Property for Sale

Portfolio description

Jones Lang LaSalle, L.P., JLL Real Estate Limited (collectively, “JLL”) is pleased to present The Chandler Crossings Portfolio (the “Portfolio” or the “Properties”) located in East Lansing, Michigan. The Portfolio serves the student body of Michigan State University (the “University,” “Michigan State” or “MSU”), an internationally renowned Power 5 university with an average enrollment of 50,000+ students for the last decade. The three properties are adjacent to one another and situated 2.5 miles north of MSU’s campus. Competitive properties in the Portfolio’s submarket consistently achieve stabilized occupancy, as did the three Chandler Crossings properties prior to the pandemic, and although occupancy has dipped in recent academic years, a new operator is presented with an opportunity to increase management efficiencies without the need of upfront capital outlays.

Attributes

Number of units
852 units
Year built
2002
Building Area
1,032,174 sf
Chandler Crossings Portfolio (3 Properties)
Chandler Crossings Portfolio (3 Properties)

Investment Highlights

  • Tier 1, Power 5 University
  • Exceptional Fundamentals
  • Achieve Immediate Scale
  • Alluring Amenity Package
  • Identify Path to Create Value
  • International Student Rebound
  • Proven Submarket
Chandler Crossings Portfolio 4_Property for Sale

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Last updated
30 Nov 2022