View Offering Materials: The Lowell
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.
Investment Highlights
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
