MENU

109 College at Clemson

109 College at Clemson

Location

Clemson, SC

Type and Size

Property Summary

109 College is a Class B student housing complex consisting of 12 beds in Clemson, SC. The property was acquired in 2017 by Calidus and is managed by Clemson Living. 109 College is a modern student living community with stylish housing units that cater to a wide array of resident tastes. Whether your goal is to live in a social environment or have a quiet place to study, this off campus housing near Clemson University provides an upscale, comfortable, and adaptable environment to suit your needs. 109 College at Clemson is a one-bedroom, student housing community less than one mile from Clemson’s downtown and campus. 109 College offers floor plans with downstairs bedrooms or upstairs bedrooms with loft spaces that can be used as an office or additional living space to meet the needs of busy students.

Student Housing
12 beds

Investment Narrative

The Estate, Boundary and 109 are very attractive properties with cottage design product, a pool and a gym (at the Estate), and well received by residents. At acquisition, the portfolio was running at 100% occupancy, giving us indication of the demand for this type of product. New development of comparable properties was historically limited by land availability and very limited city sewer capacity providing a strong barrier to entry. Calidus saw the opportunity as a good, stable investment in an excellent growth market (5% annual increase in the student body). Our plan to grow cash flow and maximize value was a great success over 5 years.

Calidus is the international marketing name for all activities of Calidus Holdings LLC. and its affiliates. All rights reserved.

Address: 1555 Palm Beach Lakes Blvd, Ste 1520, West Palm Beach, FL 33401

Office: (561) 686-3161

  • Instagram
  • Facebook
  • LinkedIn

Thanks for subscribing!