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The Vault at Statesboro

132 Units in Statesboro, Georgia Student Property with 528 Beds Completed in 1999, Renovated 2017-2018


Property Highlights:

Year Built / Renovated: 1999 / 2017
Number of Units: 132 Units
Average Square Feet: 1,444 SF
Total Square Feet: 190,608 SF

Site Details

Site Size / Density: 18.5 Acres; 7.1 Units per Acre Parking: Ample

Unit Features

  • Fully-equipped Kitchen
  • Black Appliances
  • Frost-free Refrigerator with Icemaker
  • Built-in Microwave
  • Oversized Patio/Balcony
  • Washer/Dryer
  • Laundry Room
  • Faux Wood Vinyl Flooring
  • Six-panel Interior Doors
  • Computer Niche
  • Ceiling Fan(s)
  • Window Blinds

Community Amenities

  • Clubhouse/Leasing Office
  • Swimming Pool
  • Fitness Center
  • Sand Volleyball Court
  • Sport Court
  • Resident Business Center
  • Picnic Area
  • Dog Park
  • Private Shuttle to Campus

Investment Highlights:

  • High-quality construction with HardiPlank exterior and new pitched roofs with architectural shingles.
  • Recent $2.1 million capital infusion includes upgraded amenity package and interior modernization.
  • With its superior amenity package and close proximity to campus, The Vault at Statesboro outshines competitors.
  • Below-market rents among competitive set.
  • A private university shuttle allows students to easily commute to the campus of Georgia Southern University.
  • 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).

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

Contact Information


Steve Mack

Managing Director - Multifamily Sales and Lending
843-298-5137
steve@brownra.com

Walter Miller

Senior Managing Director
678-894-2218
walter@brownra.com

Chandler Brown

Director, Multifamily Sales and Lending
678-894-2225
chandler@brownra.com

Bo Brown

President and CEO