The Villas at Riverbend is a 2011 built, 308-bed, Class A, student housing property located in Baton Rouge, Louisiana at Louisiana State University ("LSU"). The Villas provides a unique investment opportunity for the following reasons: (1) The property is one of the two off-campus cottage-style townhome properties sovereign LSU students, a product in high demand for upperclassmen. (2) The property offers a compelling value-add opportunity via operational upside and physical renovation including but not limited to renovation/build-out of the clubhouse & furniture package upgrades. (3) LSU enrollment during Fall Semester 2022 set a record for total undergraduate students at nearly 29,000 students.
