Reflection

Rental Housing | Atlanta, GA

741-bed high rise student housing property in downtown Atlanta, GA.

Investment Details

Property Type
Rental Housing
Location(s)
Atlanta, GA
Number of Units/Homes
741 beds

Transaction Details

Acquired
2024
Purchase Price
$116 million
Ownership %
97%

Investment Details

Property Type
Rental Housing
Location(s)
Atlanta, GA
Number of Units
741 beds

Transaction Details

Acquired
2024
Purchase Price
$116 million
Ownership %
97%

741-bed high rise student housing property in downtown Atlanta, GA.

Asset Highlights

AH-bedrooms-1.2.3.4
Units ranging from one to four full-furnished bedrooms, each with individual full bathrooms.
Multifamily
Features impressive resident amenities, including a state-of-the-art fitness center and yoga studio, and luxury pool with jumbotron television.
Amenities
Other notable amenities include a game room, podcast studio, and several common areas for studying and socializing.

Location Highlights

Proximity
Adjacent to Georgia State University (GSU) campus in downtown Atlanta, GA.
people
Benefits from a strong supply and demand dynamic at neighboring GSU, the largest university in the state, which currently enrolls approximately 50,000 students.
Expected Growth
Enrollment growth is forecasted to outpace supply growth over the next several years, with no new projects expected to deliver.
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