Wednesday, February 25, 2009

Notre Dame & St. Mary's College Student Leasing

The new construction boom in the notre dame real estate market in recent years as seen an explosion in modern student housing alternatives. Many parents of students and investors are purchasing notre dame condos and townhomes, letting their kids live their during school times and then renting or leasing them out and retaining them as long term cash flow investment property. There is strong demand from Notre Dame and St. Mary's College students for 2 bedroom, 3 bedroom, and 4 bedroom leasing options in complexes such as Irish Crossings Townhomes (pictured at the left), Stadium Village Townhomes, Wexford Place Townhomes, Ivy Quad, Dublin Village Townhomes, Keenan Court Townhomes, and Irish Row Apartments.


Lease rates vary from $500/bedroom up to $750/bedroom per month. Some units are fully furnished and others are partially furnished or unfurnished. Some units include some or all utilities while others do not. One thing is for sure, that students can't get enough of higher end furnished units, that are maintenance free as it relates to snow and lawn maintenance and are within walking distance to campus. The built in demand from students presents an attractive rental base for savvy real estate investors looking for strong cash flow properties. It is important to understand the market both as an investor or potentail renter as it is easy to make a wrong move in a rapidly changing market. Many students began leasing for the 2009-2010 school year over a year ago and many students are already house hunting for the 2010-2011 school year and availability is dwendling quickly.
For more information on currently available investment opportunities or to find out more about units available for lease please visit www.GoIrishProperties.com or call Steve Smith directly at 574-360-2569.

Saturday, February 14, 2009

Notre Dame/St. Mary's Open Houses Parent's Weekend(s)

We will be hosting open houses the weekends of February 13-15 and 20-22 at Irish Crossings Townhomes, Dublin Village Townhomes, and Waterford Estates Lodge Condo Hotel. OPen House hours will be Friday 4-6pm, Saturday 12-4pm, and Sunday 12-4pm. As always we are available anytime by appointment. You can reach Steve Smith by mobile at 574-360-2569 to arrange a private tour. You can visit http://www.goirishproperties.com/ to see all of our available properties for sale or email steve@goirishproperties.com. We are also available to help you with your notre dame leasing or rental needs for 2009-2010 and 2010-2011 school year or special event weekends. You can count on the Steve Smith Team and Irish Realty for all of your notre dame real estate needs.