It’s not about flipping anymore. Real estate investments are all about the students. That’s what the Business Journal says and a recent sale near Temple proves.
Sydenham Commons, a privately owned development for Temple University students, sold for $5.58 million recently. That’s more than $200,000 for each of the 27 units.
The property, built in 2006, sold to one of its many bidders, some from as far away as Colorado.