Seminole Trails Apartments
Seminole Trails Apartments is a student housing apartment complex with a highly desirable unit mix consisting of 90% one-bedrooms located in the Tallahassee, FL MSA. Tallahassee ranked as a top 20 MSA for growth by Crescent Sky’s proprietary model at the time of acquisition. The investment was financed through the assumption of Freddie Mac non-recourse debt.
Location: Tallahassee, FL
Business Plan: Light value add, bring rents to market levels
Investment Type: Equity
Property Type: Student Housing