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Multifamily

Citivue | Elevate Portfolio

600 Eugenia St, Tallahassee, FL 32310

Listing Price: Request For Offer

Number of Units
108
Gross SF
89,300

Investment Overview

Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire CitiVue and Elevate, a 108-unit/216-bed student housing portfolio located within walking proximity to Florida State University, Florida A&M University, and the premier College Town District. The Portfolio was constructed in 2002, and consists of highly sought after two-bedroom/two-bathroom units. With their unparalleled locations, CitiVue and Elevate are well-positioned to cater to the 53,137 student population, and provides those students with direct walkability to the shopping, restaurants, and bars located within College Town, the Railroad Square Art District, and Downtown Tallahassee.

Investment Highlights

  • Highly desirable and rare student housing unit mix consisting of 100% two-bedroom floorplans, positioned to further benefit from social distancing
  • Successfully Caters to Florida State University, Florida A&M University, and Tallahassee Community College (65,988 Students)
  • Ownership has successfully increased average effective rents by 26% since acquiring the asset in early 2019

Exclusively Listed By

Financing By

Multifamily

Citivue | Elevate Portfolio

Listing Price: Request For Offer

Number of Units
108
Gross SF
89,300

Investment Highlights

  • Highly desirable and rare student housing unit mix consisting of 100% two-bedroom floorplans, positioned to further benefit from social distancing
  • Successfully Caters to Florida State University, Florida A&M University, and Tallahassee Community College (65,988 Students)
  • Ownership has successfully increased average effective rents by 26% since acquiring the asset in early 2019

Investment Overview

Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire CitiVue and Elevate, a 108-unit/216-bed student housing portfolio located within walking proximity to Florida State University, Florida A&M University, and the premier College Town District. The Portfolio was constructed in 2002, and consists of highly sought after two-bedroom/two-bathroom units. With their unparalleled locations, CitiVue and Elevate are well-positioned to cater to the 53,137 student population, and provides those students with direct walkability to the shopping, restaurants, and bars located within College Town, the Railroad Square Art District, and Downtown Tallahassee.

Exclusively Listed By

Financing By

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