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Student Housing - 100% Permitted - Near Vsu - Investor / Buyer

Student Housing - 100% Permitted - Near Vsu - Investor / Buyer
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Posted By:
Jay Alpert
Posting ID:
Valdosta State Univ - 1 Mile
 student   housing   dormitory   vsu   valdosta   state   university   apartment   multifamily   room 
Listing Type:Multifamily For Sale
Lot Size:928
1400 Magolia St.
Valdosta, GA

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University Place is a planned, “shovel ready”, 108 unit, 312 bed student housing located on 9.28 acres 1.10 miles southwest of Valdosta State University (VSU) in Valdosta, Georgia. The project’s building plans and engineering have been fully approved by all governmental agencies, and the building permits for the project have been purchased. This project is truly ready to go.

The land was acquired for cash in December 2007 by Valdosta Holdings LLC, a central Florida investment group, for the exclusive purpose of developing University Place. The project is designed to be an upscale student rental community. Each apartment has full-sized bedrooms, walk-in closets, private baths, screen porches, and advanced security features.

In December, 2010 the Developers completed the building permit process and acquired all the necessary building permits from the City of Valdosta. All invoices associated with the approval process have been paid by the developers. The project is thus now "shovel ready", and construction can start any time.

The developers will sell the property outright with all entitlements, permits, plans, and engineering or developers will participate with buyer or investor.

LoopNet ID# 16993312

Jay B Alpert, Managing Member
Valdosta Holdings LLC
University Housing Group LLC
407-919-9137 Direct
407-645-2919 Home

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