| Stabilized Student Housing Asset: 110 units, comprised of 13 buildings with five distinct floor plans (townhomes and flats). |
| Proximity to Campus: Just minutes from Morehead State University, offering proximity to class and a quiet residential setting. |
| Full Renovation Program Completed: Current ownership invested $2.55M+ in upgrades |
| Management: Current management has offered to continue their expert management of the property, creating the potential of a hands-off investment |
| Market-Leading Rents: Achieves an average rent of $1,005 per unit |
| Consistently 100% Occupied: Proven demand from MSU’s enrollment base supports strong leasing performance year after year. |
Justin Ryder
SVN | Stone Commercial Real Estate
