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
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.