University Suites & Villas

University Suites & Villas

Cullowhee, NC
Available
  • Property Type: Student Housing
  • School Name : Western Carolina University
  • Year Built : 2005/2010
  • Property Size: 121,070 SF / 158 Units / 298 Beds

Overview

Capstone Apartment Partners is pleased to present University Suites & Villas at WCU: 2005 and 2010 vintage student housing properties at Western Carolina University with a total of 298 beds. The assets are owned and operated by the original builder, who has done an exceptional job of maintaining them and left minimal deferred maintenance for the next owner. Western Carolina University is a high-achieving institution that has steadily grown its enrollment in recent years, but the surrounding town lacks convenient off-campus housing like the University Suites & Villas. 

Investment Highlights

  • Original Owner and Self-Managed Since Construction
  • Strong Pre-Leasing for Upcoming Fall 2021 Semester
  • Limited Market Supply and Low Capture Rate to Reach 100% Occupancy
  • Western Carolina University Remains Stable Post Pandemic

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
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