Sean Noah Rucker's PAJ Equity JV Acquires Student Housing Near Cornell University For $1.78M

The property at 108 Stewart Ave, 202 Prospect Street, and 206 Prospect Street has been sold in a recent transaction. Located near Cornell University and Ithaca College, this student housing property offers a total of 23 beds. The sale was facilitated by Sean Noah Rucker, the buyer, representing PAJ Equity JV. The seller in this transaction was West Shore Apartments. The property measures 7,720 square feet and was sold at a price of $1,780,000. The price per square foot comes out to be $231.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $1,780,000
• Number of Beds: 23
• Buyer: Sean Noah Rucker - PAJ Equity JV
• Seller: West Shore Apartments
• Market: Cornell University | Ithaca College

Sean Noah Rucker, representing PAJ Equity JV, successfully acquired the student housing property located at 108 Stewart Ave, 202 Prospect Street, and 206 Prospect Street. The sale price of $1,780,000 reflects the value of this investment. This transaction showcases the demand for student housing in the market surrounding Cornell University and Ithaca College.