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145 S Irwin StMilledgeville, GA 31061
Bellamy Milledgeville
Asset ClassStudent Housing, Multifamily
# Beds422
# Units: 125Occupancy: 86.02%Land: 8.29 AcresAccess Data Room
Class A Student Housing Community at Georgia College & State University
overview of deal

Overview

Bellamy Milledgeville is a 2009 purpose-built student housing community serving Georgia College & State University in Milledgeville, Georgia. Located within walking distance of the university, Bellamy is a Class A community featuring 125 units and 422 beds, comprised of two- and four-bedroom unit configurations offering best-in-class amenities. All units come fully furnished with hardwood-style floors, in-unit washers and dyers, fully appliance kitchens, and flat-screen TV’s with either a patio or balcony. The community offers its residents 24-hour study rooms, a sand volleyball court, hammock garden, 24-hour fitness center, 24-hour computer tech lab with printer, zero-entry swimming pool and grilling area, all within the confines of a secured gated community with an on-site courtesy officer.

 

 

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Investment Highlights

# Beds
422
# Units
125
AVG SF
1,162
Occupancy
86.02%
Land
8.29 Acres
Parking Spaces
436 Spaces
  • 94% Market-wide Average Occupancy
  • 12.86% YoY Rent Growth
  • 89.81% Preleased for AY 24/25 (as of 5/31/2024)
  • Market Prelease 7.0% ahead of AY 2023/24
  • Record Breaking Enrollment Growth
  • 0.18 Miles to Campus
  • Value Add Opportunity
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deal gallery image
deal gallery image
145 S Irwin StMilledgeville, GA 31061
Georgia College & State University

Investment Advisors

Nicholas CoccodrilliSenior Investment Analysis Director | Florida Sales Associate(813) 605-4460nicholas.coccodrilli@colliers.com
Greg YoungSenior Vice President(346) 547-4896greg.young@colliers.com
David CortezVP, Transaction(346) 547-4830david.cortez@colliers.com
Joe MontgomeryColliers Atlanta(770) 789-5514joe.montgomery@colliers.com

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Listing provided by Revere CRE