Campus View I & II are 2 adjacent buildings situated in the heart of the U-District in Seattle, WA.  Campus View I was purchased in the summer of 2008, immediately prior to the "market meltdown" and is currently scheduled to be completely rehabbed during the summer of 2009.  The 2 and 3 bedroom units are being preleased to students currently and will be ready for occupancy in Mid-September 2009.  The rehab includes granite counters, brand new cabinets throughout, new black appliance packages, installation of linoleum wood flooring, new blinds, two-tone paint, mirrored closet doors, new carpet and 32 inch LCD TVs.  These luxurious units will cater to the busy student looking for an extremely high quality lifestyle, without having to pay "new construction" prices. 

Campus View II is the property immediately north of Campus View I.  It was purchased in December 2008.  The mix of 1, 2 & 3 bedroom units gives a lot of flexibility to prospective tenants.  The building features a roof top deck with fantastic views of the Seattle Skyline.  Additionally most of the units have at least 1 balcony offering exceptional views.  The property was built in the late 1990's and is scheduled to be rehabbed during the summer of 2010.

Both properties are very well located, just 6 blocks from the University of Washington (45,000 students) and just blocks to the University Of Washington Medical Center (22,000+ employees).

Project Cashflow & IRR numbers are available upon request.

Please visit the property's website at http://www.housingforhuskies.com

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