University Landing I & II

ABOUT THIS PROJECT

This asset is strategically situated less than 2  miles east of downtown Greensboro is walking distance to nearby University of North Carolina A&T and Bennett College.

Figures

Beds:

254

IRR:

17%

From:

$1,800,000

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This asset is strategically situated less than 2  miles east of downtown Greensboro is walking distance to nearby University of North Carolina A&T and Bennett College home to over 12,000 students. This purpose-built student housing asset was delivered in two phases: Phase 1 in 2009 with 52 units, 134 beds, and Phase 2 in 2021 comprised of 60 units, 120 beds. The asset is 100% pre-leased in a market with 20% projected rent growth through 2026 indicating strong demand for quality housing and ideal floorplans as students return to campus.