Gulfstream Capital Group is pleased to announce the closing of the Campus Suites Apartments, two student housing projects located in South Carolina and Kentucky.
- Acquisition: 15 day, all-cash purchase
- Asset Quality: Both assets were built in 2008 by Campus Suites Development and include full amenity packages including: a swimming pool, fitness center, computer lab, game room, private bedrooms, & fully furnished units w/ washer & dryer.
- Location: Both assets are within walking distance to their respective college campus (University of South Carolina – Upstate & Murray State University).
|Location:||Spartanburg, SC & Murray, KY|
|Square Feet:||417,588 sq ft|
|Development Costs:||$29,860,000; $100,201 punit, $71.51 psf|
|Structure:||Note Purchase, followed by a Deed-in-Lieu|
Gulfstream Capital Group, LLC is a Real Estate Investment Manager located in Dallas, Texas focused on the nationwide acquisition of Multifamily and Mixed-Use Real Estate, including Conventional, Condominiums, Senior and Student Housing.
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