INVESTMENT HIGHLIGHTS
Premier Location, Adjacent to Campus and Nearby Surrounding Retail
The property is located along South Main Street, steps away from the Georgia Southern University (GSU) at the eastern entrance of campus
Top Performer in the Market
Over the past three years, The Hamptons Statesboro has maintained an average occupancy of 99.2%, while simultaneously achieving 28.9% rent growth
Strong Market Performance with Healthy Supply and Demand Fundamentals
Since the 2019-2020 academic year, the broader market has maintained an average occupancy rate of 95.2%, with average effective rents increasing by 41%
Differentiated Product with 100% Bed-to-Bath Parity and Best-in-Market Amenity Package
The Hamptons Statesboro is the only cottage-style property in the market with an extensive array of amenities, including a 100,000-square-foot clubhouse and full bed-to-bath parity amongst all floorplans
High-Quality Construction Below Replacement Cost
The property presents a prime opportunity for new owners to acquire a high-performing asset at a growing university within a stable and expanding student housing market
Minor Value-Add Optionality with Ancillary Income Upside
The property offers an opportunity for new owners to introduce a minor value-add program to further enhance the community and sustain strong rent growth year after year
Positive University and State Fundamentals Promoting Healthy Future Enrollment
As reported by the University System of Georgia, GSU’s economic impact reached over $1.145 billion for the FY 2023, a 3.4% increase over the previous year and a new recorded impact total
Proximity to Growing Major Metropolitan Areas
The university is situated within the Savannah-Hinesville-Statesboro MSA, Georgia’s third-largest metropolitan area, and is just an hour’s drive from Savannah, GA