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400 S Grant St
West Lafayette, IN 47906 Downtown West Lafayette

$4,200,000 USD

Apartments For Sale  •  17,528 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,528 SF
  • Lot Size 0.47 AC
  • Building Class C
  • Year Built 1985
  • Zoning R3W
50 Transit Score
60 Walk Score

Highlights

True on-campus Purdue University student housing investment defined by purpose-built design, by-the-bedroom leasing, and durable income stability.
Extremely high demand supported by walk-to-campus access, enrollment certainty, & a structurally limited supply of on-site Purdue student housing.
Embedded value-add potential through underutilized space, providing an opportunity to develop two additional units and enhance long-term returns.
Three-story, 22-unit multifamily asset featuring 21 2-bedroom/1-bath units & a studio unit, totaling 43 bedrooms optimized for residents and revenue.
Durable, recession-resistant student housing model providing predictable cash flow and reduced downside risk across economic cycles.

Property Flyers

Amenities

  • Air Conditioning
  • Controlled Access
  • Disposal
  • Laundry Facilities
  • Heating
  • Wi-Fi
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Roommate Matching
  • Walk To Campus

Public Transportation

Commuter RailDriveWalkDistance
4 min 16 min 0.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 37
Type: Surface
Included in Rent: Yes
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