the boulevard

The Boulevard



Year Built

2018



No. of Units

126-bed Student Housing



Land Area

Open for Investment

Purchase Price
$12,850,000 (02-2023)
Occupancy Rate
100
Property Type

Class A

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The Boulevard property offers the highest living standards for student housing that Milledgeville has to offer. Each cottage includes 9-foot ceilings, LVP flooring, granite countertops, stainless steel appliances, pendant light fixtures, a deluxe furniture package and the biggest porches and balconies in the market. GCSU and GMC combine for over 14,000 undergraduate and graduate students enrolled. GSCU has a very affluent student base, predominantly from the Atlanta suburbs and is the number one back up school for students that do not get into the University of Georgia. The Milledgeville student housing market has an extremely high barrier to entry with virtually no multifamily zoned property remaining. The planning department and city council stated that they will not rezone any property for student housing. We are extremely excited about our opportunity to own and operate the best asset in this market.

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