Terrace Capital Fund is pursuing the repositioning of an underutilized multifamily property into purpose-driven student housing near Southern University in Baton Rouge, Louisiana.
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The Terrace at Southern Heights is planned as a 60-unit, 120-bed student housing community serving currently enrolled Southern University students.
The redevelopment is positioned near Southern University and designed around the housing needs of enrolled students.
An existing underutilized multifamily asset is being repositioned rather than developed entirely from the ground up.
The contemplated leasing model allows students to lease an individual bedroom within a two-bedroom apartment.
The business plan calls for a substantial renovation and repositioning of the existing property into a controlled-access, student-oriented residential community.
Conceptual imagery illustrates the intended direction of the redevelopment. Final design, finishes and specifications may vary.
The plan is centered on acquisition, renovation, student-focused leasing and stabilization of a single real estate asset.
Qualified prospective investors may request additional information regarding Terrace Capital Fund and the current Terrace at Southern Heights investment opportunity.
Detailed offering terms, risks, financial assumptions, capitalization and investor economics should be reviewed in the applicable offering documents before making an investment decision.
Information presented on this website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offering will be made only through the applicable offering documents and only to persons who satisfy the applicable investor requirements.
Interested in learning more about The Terrace at Southern Heights? Request the current investor materials and additional project information.
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