Sunbelt Student Portfolio - 2023 (SH)_Property for Sale
Sunbelt Student Portfolio - 2023 (SH)_Property for Sale
Various locations

Sunbelt Student Portfolio - 2023 (SH)

Portfolio description

Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the unique opportunity to acquire three (3) student housing assets, at an attractive basis, located throughout the Sunbelt (the “Portfolio” or “Properties”). The Portfolio includes 2909 Oliver at Wichita State University, Gamecock Village at Jacksonville State University, and Mustang Village at Midwestern State University. Assets can be sold individually.

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Attributes

Number of units
576 units
Year built
2007
Building area Net
649,381 m²
Sunbelt Student Portfolio - 2023 (SH) (3 Properties)
Sunbelt Student Portfolio - 2023 (SH) (3 Properties)

Media

Investment Highlights

  • 97% occupied, 576 unit / 1,512 bed student portfolio (Assets can be sold separately)
  • Offered at a significant discount to replacement costs with minimal supply in pipeline
  • Significant rental upside coupled with potential water expense savings
  • Significant renovations completed allowing new ownership to capitalize on future rent growth 
Sunbelt Student Portfolio - 2023 (SH) 4_Property for Sale
Sunbelt Student Portfolio - 2023 (SH) 4_Property for Sale

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Last updated
7 Sep 2023