Carrollton, Georgia
SANDLAPPER STUDENT HOUSING, LLC (“SSH”) is a real estate investment company and sponsor of fractional real estate investment programs focused on the acquisitions and management of student housing apartment complexes around the country.
Haven West is a 160-unit/568 bedroom student garden-style apartment property primarily serving the local student population at the University of West Georgia (UWG). It was built in 2014, has 216,680 SF and is situated on 14.78 acres.
LOAN SUMMARY
Haven West Property
Haven West is a 160-unit/568 bedroom student garden-style apartment property primarily serving the local student population at the University of West Georgia (UWG). It was built in 2014, has 216,680 SF and is situated on 14.78 acres.The Property is one-half mile from the 394 acre campus and as of June 6, 2016, it was 93.7% occupied. UWG has 10,000+ full-time students and offers more than 100 programs of study through colleges. In addition to degree granting programs, UWG also offers a significant amount of continuing education classes. Directly adjacent to the Property lies UWG’s Athletic Complex, home to the 9,600-seat football stadium and the centerpiece of the $34 million complex. The facility features sites for soccer, a varsity softball field, a women’s field house, additional practice fields, locker, weight and training rooms, and offices for the Department of Athletics. In addition to UWG, The Tanner Medical Center is a 202-bed hospital acute care facility, with more than 120 physicians and is the hub of the Tanner health system.
SANDLAPPER STUDENT HOUSING, LLC (“SSH”) is a real estate investment company and sponsor of fractional real estate investment programs focused on the acquisitions and management of student housing apartment complexes around the country. Founded in 2014 to capitalize on the growing demand for non-dormitory student housing, SSH has acquired and syndicated more than $83 million in student housing properties with more than 700 units and 1,500 beds. The firm is a subsidiary of Sandlapper Capital Investments, LLC, an award winning opportunistic investment firm and sponsor of private placement securities offerings covering a wide cross section of industries and asset classes. The principals of the firm, founders Trevor Gordon and Jack Bixler, have extensive experience with real estate acquisitions, syndications and management having acquired, syndicated and managed in excess of $1.1 billion in assets covering more than 10 million square feet nationwide since 2002.