Market 100 (Georgia Southern University)_Property for Sale
Market 100 (Georgia Southern University)_Property for Sale

Market 100 (Georgia Southern University)

100 Bermuda Run Road, Statesboro, GA, 30458, US

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present Market 100 (the “Property”), a 164 unit, 532 bed student housing community serving Georgia Southern University (“GSU”, “Georgia Southern”, or the “University”) in Statesboro, GA. Market 100 is currently 98% occupied and 82% preleased for the 2025-2026 Academic Year (“AY”), while tracking to achieve 5%+ rent growth. The Property offers tenants 2-, 3-, and 4-bedroom floorplans, with bed-bath parity in most units. Situated just 0.30 miles from campus and adjacent to major retailers, Market 100 is strategically positioned to meet the growing tenant demand driven by GSU and the Savannah-Hinesville-Statesboro MSA. Investors have the opportunity to acquire the top value provider in one of the best performing markets in the southeast for 30% of replacement cost.

 

Georgia Southern’s Statesboro campus experienced 3% enrollment growth in Fall 2024, reaching 18,258 students. This increase was significantly boosted by a 26% rise in out-of-state enrollment, facilitated by the Border State Waiver program offering in-state tuition to residents of neighboring states. The University anticipates continued strong enrollment growth for Fall 2025, with on-campus housing already oversubscribed at 103% occupancy, necessitating the master leasing of an off-campus property. 

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Attributes

Year built
1995
Number of units
164
Beds
532

Media

Investment Highlights

  • STRENGTHENING ENROLLMENT FUNDAMENTALS DRIVE DEMAND


  • #6 RANKED STUDENT HOUSING MARKET PER COLLEGE HOUSE


  • MARK-TO-MARKET UPSIDE


  • HYUNDAI’S METAPLANT NEAR STATESBORO SET TO BRING 8,500 JOBS



  • PROXIMITY TO SAVANNAH – HINESVILLE – STATESBORO POPULATION OF 148,000


Market 100 (Georgia Southern University) 4_Property for Sale
Market 100 (Georgia Southern University) 4_Property for Sale

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Market 100 (Georgia Southern University) (0 Properties)

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Last updated
14 May 2025