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Southern Downs

Southern Downs - Statesboro, GA Class "A" asset located within walking distance to Georgia Southern Univ. Stable, Cash-flowing

Property Highlights:

Year Built / Renovated: 1991 / 2015
Number of Units: 214 Units
Average Square Feet: 1,094 SF
Total Square Feet: 234,160 SF

Site Details

Site Size: Acres

Unit Features

  • Fully-equipped Kitchen
  • Black Appliances*
  • Faux Granite Countertops*
  • Brushed Nickel Hardware and Lighting*
  • Frost-free Refrigerator with Icemaker
  • Built-in Microwave*
  • Washer/Dryer Provided (stacked)
  • Private Patio or Balcony
  • Faux Wood Vinyl Flooring
  • Mirrored Closet Doors
  • Ceiling Fans
  • Crown Molding
  • Vaulted Ceilings*
  • Six-Panel Doors
  • Window Blinds
  • Available Furnished or Unfurnished
  • (*In select units)

Community Amenities

  • Clubhouse/Leasing Office
  • Wi-Fi Access in All Common Areas
  • Swimming Pool with Sundeck
  • Fitness Center with Weights and Yoga Room
  • Computer Lab/Study Lounge
  • Game Room with Billiards
  • Lake with White Sand Beach and Hammocks
  • Beachside Pavilion with Ping Pong Table
  • Picnic Area with Grills
  • Regulation Tennis Court
  • Basketball Court
  • Sand Volleyball Court
  • Fenced Dog Park with Agility Equipment
  • Mail Kiosk

Investment Highlights:

  • Stable, cash-flowing asset currently is 95.8% occupied.
  • Collections were up 19% in August versus May 2017.
  • Asset benefits from continuing strong demand for student housing, as Georgia Southern University‚Äôs enrollment has soared 26% in the last ten years (to 20,673 currently).
  • With its superior amenity package and close proximity to campus, Southern Downs outshines competitors.
  • Recent renovations have upgraded the clubhouse, pool, and sand volleyball court.
  • The combination of flats and townhome floorplans suits a variety of resident tastes.
  • High-quality construction with brick veneer, pitched roofs and architectural shingles.

To access more detailed information about this property such as the Offering Memorandum PDF or other documents please Log in or Register.

Contact Information

Walter Miller

Senior Managing Director

Jim Jarrell

Senior Managing Director

Steve Mack

Managing Director - Multifamily Sales and Lending