ALTURA Student Living

For Sale

400 Putnam Drive Tallahassee, FL, Tallahassee, FL 32301

This Tallahassee property for sale is located at 400 Putnam Drive Tallahassee, FL. The current listed sale price for ALTURA Student Living is $18,200,000.

Contacts

broker
Benjamin Skinner

SP Multifamily Group, Marcus & Millichap

broker
Matthew Prozzillo

SP Multifamily Group, Marcus & Millichap

Property Details

  • Property Type Other
  • Property Size 260,053.2 SF
  • Date Updated Apr 2, 2025
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Highlights

  • - 320-Bed Student Housing Asset Located in Heart of Tallahassee with Close Proximity to Florida A&M University and Florida State University
  • - Preleasing For the 2025/26 Academic Year Is Far Outpacing Years Prior, While Achieving 6.9% Y-o-Y Rent Growth To-Date
  • - All Units Are 1,596 Sq. Ft. Four-Bedroom/Four-Bathroom Units, With Private Study Nooks In Each Bedroom
  • - Equipped with Best-In-Class Finishes, a New Investor can Immediately Achieve Rental Premiums with No Physical Value-Add Component Required
  • - ALTURA Student Living Boasts the Largest Amenity Set in the FAMU Submarket, providing a Monopolization of Luxury Student Housing in the Immediate Market.
  • - After Receiving A Multi-Million-Dollar Renovation In 2023, Altura Student Living Has Achieved Over 95% Occupancy In Each Year Since
  • - Located Within 0.3 Miles of FAMUs Campus, ALTURA Student Living is One of the Premier Options for FAMU Students that still want Off-Campus Housing with Walking Distance to Campus Events and Classes.

Getting around

  • 65/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tallahassee, FL
  • Neighborhood Indianhead-Lehigh
  • Zip Code 32301
  • Market Tallahassee

Points of Interest

  • Shell

    0.38 miles

  • Sunoco

    0.63 miles

  • Valera

    1.31 miles

  • ChargePoint

    1.38 miles

  • Clipper Creek

    1.46 miles

  • BP

    1.52 miles

  • Citgo

    1.57 miles

  • Blink

    1.80 miles

  • Tesla Supercharger

    1.97 miles

  • Electrify America

    6.74 miles

  • Kleman Plaza Parking Garage

    1.58 miles

  • Saint Augustine Street Garage

    1.60 miles

  • FSU Commuter Parking

    1.82 miles

  • Lot 341

    1.90 miles

  • Palm Court Parking Lot

    1.90 miles

  • West Pensacola Street Garage

    1.92 miles

  • Call Street Garage

    1.96 miles

  • Traditions Way Garage

    2.04 miles

  • South Circus

    2.08 miles

  • Newman Lot

    2.09 miles

  • AC Hotel Tallahassee Universities at the Capitol

    1.24 miles

  • Hyatt House

    1.28 miles

  • Hampton

    1.40 miles

  • Econo Lodge Tallahassee

    1.47 miles

  • Residence Inn Tallahassee Universities at the Capitol

    1.48 miles

  • Motel 6 Tallahassee Downtown

    1.55 miles

  • The Governors Inn

    1.61 miles

  • Courtyard Tallahassee Capital

    1.65 miles

  • Comfort Suites

    1.66 miles

  • Courtyard Tallahassee Downtown/Capitol

    1.66 miles

  • Piggly Wiggly

    0.21 miles

  • SoMo Walls

    0.96 miles

  • What's The Point? Piercing Studio

    1.43 miles

  • Publix

    1.47 miles

  • Bealls

    1.55 miles

  • Ross

    1.59 miles

  • Community Co-op Market

    1.60 miles

  • Burlington

    1.87 miles

  • Macy's

    1.91 miles

  • JCPenney

    1.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact ALTURA Student Living
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