Turnkey Butler University Student Rental | 5 Bedrooms | Value-Add Opportunity | $319,000 Prime investment opportunity just steps from Butler University! This 5-bedroom student rental offers immediate cash flow with current leases in place at $2,400/month, plus significant upside for the next owner. Income + Upside Potential - Current Rent: $2,400/month ($28,800/year) - Configured as a 5-bedroom property - Strong rental demand driven by Butler student housing - Value-add opportunity to increase rents to ~$3,000/month ($600-$750 per bedroom) - Rare chance to acquire a cash-flowing asset with built-in rent growth - Ideal for investors looking to increase returns through lease optimization - Consistent student rental demand in a high-occupancy area - Walking distance to Butler University - Proven student rental corridor with strong leasing history Turnkey + Future Growth - Already leased— and also leased for next school year. - Opportunity to increase NOI and force appreciation - Perfect for investors seeking both stability and upside This Butler University student rental has maintained 100% occupancy for the last ten years. It is currently rented through the end of the 2026 school year as well as the 2026-2027 school year. Current and future leases will convey with the sale of the properties. * Showings and inspections will only be allowed AFTER an accepted offer, as to not disturb the tenants. * Seller will not entertain any seller financing. * Seller is not looking for a realtor to list the property. Please do not solicit. * Seller not interested in working with any wholesalers. Please do not solicit. * Currently leased for $2,400/mo. and the next lease is also $2,400/mo. I'm looking to move my equity down to Florida, I am not in any rush. Proof of funds required with offer. 5% Earnest Money required with accepted offer.
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