Capstone Apartment Partners is pleased to present The
Lowell: a 402-bed, 210- unit student housing community located three minutes
east of Columbus State University (CSU) in Columbus, Georgia. The Lowell
presents new ownership with the opportunity to capitalize on a proven value-add
program and benefit from the ability to increase revenue. The property is in a
prime location near campus—offering direct access to all the shopping,
restaurants, and recreation that Columbus has to offer. Columbus State University
is the largest non-consolidated state university in the University System of
Georgia, and the university plans to continue its growth, which will benefit
future ownership. Due to the continued enrollment growth at CSU, the subject's
proximity to campus, and an abundance of nearby amenities, The Lowell presents
a premier investment opportunity.
Differentiated Product with Expansive, Student Focused
Amenities
In-Place Interior Value-Add Program Provides Successful
Blueprint
Opportunity for Market Rate Conversion
Non-Existent Student Housing Pipeline
50% Tax Assessment Reduction–Taxable Revenue Bonds
Servicing a Growth-Oriented Campus
Ideal Location in High Traffic, Amenity Rich Corridor