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|Building Area Net||
|Number of units||768|
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the unique opportunity to acquire four (4) student housing assets, at an attractive basis, located throughout the Sunbelt (the “Portfolio”). The Portfolio includes 2909 Oliver at Wichita State University, Gamecock Village at Jackson State University, Mustang Village at Midwestern State University, and Wolf Creek at Arkansas State University. Assets can be sold individually.
Brokers of Record: Teddy Leatherman-License #TX: 645273; Carter Burwell-License #AL: 000057271-0; Russell Westlake-License #AR: PB00065848; Lawrence Glaze - License #KS: CO00001551
- Current ownership has invested significant capital into the Portfolio, allowing new ownership to capitalize on future rent growth
- Offered at a 60% discount to replacement cost
- Significant rental upside coupled with potential water expense savings
- Campus proximity
- Leasing momentum velocity
- Potential to convert to multifamily