• 144-bed student housing asset in West Lafayette, IN
• Located on Big 10 Purdue University campus
• (34) 4-Bed / 1.5-Bath units and (2) 4-Bed / 2-Bath units
• Asset consisting of 2 buildings constructed in 1986
• Master lease in-place with Purdue through the 2027/2028 school year. Stable, risk-free cash flow
• Future on-campus redevelopment opportunity

Benchmark II

Triad Real Estate Partners is pleased to present Benchmark II Student Apartments on the campus of Big 10 Purdue University. The Apartments are located on the southeast side of Purdue’s West Lafayette campus, approximately one block away from the College of Veterinary Medicine and about four blocks from the Purdue Memorial Union, as well as the Krannert School of Management and Rawls Hall. Chauncey Village is also conveniently located within a short walk, providing restaurants, Target, and numerous other shopping destinations.

The unit mix consists of (36) 4-bedroom apartments, 144 beds. Purdue University has a master lease in place through the 2028 school year, with 5% rent increases every year. Purdue provides the furniture for all the units. Amenities include dishwashers, private bedrooms, cable, and high-speed internet access in each bedroom, on-site laundry facilities, and resident and off-street parking.

Purdue University

Purdue University is a renowned public institution located in Indiana, with an enrollment of over 55,000 students. Established in 1871, it has developed a strong reputation as a leading research university. Over the years, Purdue has consistently contributed to advancements in various fields, fostering innovation and scholarship among its diverse student body. The university's commitment to excellence in education and research has solidified its status as a premier destination for students seeking a rigorous and impactful academic experience.