PROGRESS 901
Strategic Location
Located just a mile from the beautiful UNC Wilmington campus, Progress 910’s location was strategically selected. The luxury property was specifically tailored to the UNC Wilmington market and engineered to give students the ability to obtain daytime parking permits. The close proximity to campus gives Progress 910 a tremendous competitive advantage over other assets within the submarket, due to the fact that on-campus parking is very limited and only available to students who live more than a mile from campus.
The property is also desirable to those without personal transportation because it’s located on the university’s Seahawk Shuttle/Wave Transit bus stop which essentially provides students direct transportation from their doorstep. It’s also conveniently located near prime shopping, recreation, dining, and eclectic nightlife. Ultimately, the strategic location of this luxury proves to be the absolute strongest and most convenient option for UNC Wilmington students.
MONARCH 301
The Market Leader
Monarch 301 has consistently outperformed the market with 100% occupancy as a result of its iconic location, superior asset quality, and distinguishing attributes that deliver unrivaled luxury, convenience, and style. This premier investment opportunity offers the finest accommodations in Statesboro which makes it undeniably the best asset in the entire submarket. Each unit is expertly designed with ultra-modern furniture and upscale features that include 40” flatscreen TVs, granite countertops, sleek stainless steel appliances, and desirable bed-bath parity. Monarch 301 is the undisputed market leader that will continue seeing sustained revenue growth with its incredibly close proximity to the GSU campus and luxury differentiating features.
UNIVERSITY EDGE
High-Quality Asset
University Edge is a proven commodity within the submarket, with current occupancy at 100%. It’s also considered a mainstay within the East Tennessee State submarket that offers students the luxury accommodations in the very best location.
12% Enrollment Growth and Pedestrian Access
Strategically located just one-third of a mile from campus, University Edge is a rare find with incredible growth potential. Currently, the university has over 14,000 students with future enrollment forecasted to grow by 11.8%. Assuming enrollment projections prove correct, ownership will be afforded the opportunity to capture operational upside and drive substantial net operating income (“NOI”) growth over the hold period.
