Campus Suites Apartments Closing Announcement
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 |
| Type: | Student Housing |
| Units: | 298 |
| 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 |
| Closing: | April 2011 |
ABOUT
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.
Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Offering materials relating to investments in entities managed by Gulfstream Capital Group are not available to the general public.×
