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MultiVersity Claims The Ridge at Clemson
MultiVersity Housing Partners acquired The Ridge, located near the campus of Clemson University in South Carolina. The 616-bed, Class A+ purpose-built student property at 205 Tiliwa Ct. Central, is set to undergo planned property improvements. It is 96% leased for the 2019-20 lease term.
The Ridge was constructed in 2018 and encompasses two-bedroom/two-bathroom flats and four-bedroom/four and a half bath luxury townhomes, complete with attached garages. The property features a resort-style swimming pool, lazy river, a 30-foot LED video screen, dog park, clubhouse, private shuttle, and fitness center. Unit interiors, including townhomes and stacked units, have faux wood flooring, keyless entry, stainless steel appliances, a large kitchen with granite countertops, and are fully furnished.
Planned property improvements include redesigning the clubhouse and fitness center, adding additional fitness equipment, an outdoor kitchen, a redesigned office and leasing area, and enhancements to the study areas.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
