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College Suites at Hudson Valley

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Offering Start Date: May, 2016
Location: Troy, NY
Development Type: 72 Unit, 268 Bed Student Housing Community
Total Raise: $5,800,000
Investment Units: $100,000 (58 available)
Minimum Investment: $50,000
Preferred Return: 8%
Projected IRR: Provided in offering materials
Target Investment Period: 5 1/2 years
Issuer: HV Housing, LLC
Developer: United Development Corporation
Operator: United Plus Property Management, LLC
Fully Funded December 13, 2016

Overview

College Suites at Hudson Valley is a market rate student housing community located at 45 Morrison Avenue in Troy, New York. College Suites at Hudson Valley, with 72 apartments provides students an attractive, convenient and comfortable living experience. College Suites at Hudson Valley is a four story building comprising four and two bedroom apartments. Each apartment is fully furnished and includes a living room, dining area and fully‐applianced kitchen. The resident’s cost of the apartment includes utility expenses – electricity, gas, water, sewer, trash, cable, internet, etc.

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College Suites at Hudson Valley provides multiple on-site amenities, health and wellness center, coffee bar and lounge, academic study areas, laundry, bike storage, and Live. Learn. Relax programming in space designed for today’s students. Management offices are also provided.

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Apartment features include:

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  • Spacious open floor plans

  • Full kitchens with breakfast bar

  • Microwave &dishwasher Included

  • Flat screen TV in the apartment

  • Ceramic tile bathrooms

  • Fully-furnished apartments with full sized Energy Star® appliances

  • All-inclusive utilities (incl. cable& internet/Wi-Fi)

  • Central heat and air conditioning included

  • Full-sized beds, dresser, desk and chair

  • Spacious closets

Community Features include:

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  • TV/Recreational and Gathering Room for Socializing

  • Community Lounge Room

  • State-of-the-art fitness center

  • 24-hour group study areas

  • Management/Leasing Office

  • On-site management and maintenance staff
     

Design Data:

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  • 72 apartments

  • 62–4 bedroom apartments

  • 10– 2 bedroom apartments

  • 200 parking spaces (ratio of 2.9 spaces per dwelling unit)

  • Required sprinkler and smoke detectors

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