Built in 2011, The Villas at Riverbend is a premier student housing community with twenty-four (24) 2×2.5 units, sixty-four (64) 3×3.5 units, and seventeen (17) 4×4.5 units with a market leading average square footage of 1,766 sf/unit. The Villas is the only off-campus property that provides 100% of units with greater than 1-to-1 bed/bath parity. The property sits on 13.3 acres of land with ample parking and is located just 1.6 miles south of LSU’s campus and 4.4 miles away from downtown Baton Rouge. Current ownership has failed to adequately provide competitive common amenities to its renters. Upon acquisition, sponsorship will renovate the existing clubhouse and build-out a new study room & dark park as well as upgrade the common area furniture packages across the property. Given the property’s newer vintage, spacious floorplans, luxury interior finishes, The Villas at Riverbend provides a highly desirable value proposition