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Student Housing

Archer Apartments

Athens, GA

168 Units

Built in 1984

Value Add

Investment Highlights

  • 100 percent Occupied: Archer was 100 percent occupied for the 2019-2020 school year and is 53 percent preleased for the 2020-2021 school year.
  • New Units Added in 2019: Although Archer was originally built in 1984, current ownership has renovated the property and recently added 12 newly constructed units and 32 beds in 2019.
  • Low Capture Rate: With 221 beds and 24,862 full-time students seeking off-campus accommodations at University of Georgia, Archer has a very minimal capture rate of just 0.9 percent.

Exclusively listed by

Broker of Record

John M. Leonard

First Vice President/Regional Manager

(678) 808-2700

License(s): GA: 252904

Georgia

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