Contacts
Cory Caroline Sams
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Ken Wellar
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Steffan Ramos
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Barden Brown
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Corey Lonberger
GREA
Chandler Brown
GREA
Property Details
- Property Type Other
- Units 127
- Additional Rent Contact for pricing
- Year Built 2018
- Date Updated Sep 5, 2024
- Website thevaultatstatesboro.sharplaunch.com
The Vault at Statesboro is a purpose-built student housing community adjacent to Georgia Southern University. The 127-unit, 508-bedroom student housing complex offers students four (4) bedroom units with private bathrooms. The Vault underwent property renovations in 2018 upgrading unit kitchens and modernizing paint colors, fixtures, and property amenities. The following 5 units (20 beds) still need to undergo renovations at the property: Units 504, 801, 901, 903, and 905.
Recent renovations also included upgrades to the amenities throughout the property including a state-of-the-art fitness center, a printing center and business center, a resident lounge, and a resort-style pool. The complex also offers tennis courts, volleyball courts, and basketball courts and is pet friendly and offers an outdoor pet, play area. The property boasts spacious common areas including grilling and sun-deck lounging areas. The property hosts many resident events and activities throughout the year and offers students individual leases and roommate matching if needed.
Resident units feature full kitchens, refinished cabinetry, modern furniture, full-size, in-unit washers and dryers, balconies, and large built-in desks. Units also feature newly installed flooring and rent includes all utilities, with cable and high-speed internet. The units provide students with a comfortable, relaxing environment while they focus on their studies.
Georgia Southern University has seen enrollment growth in recent years and is predicting that this trend will continue through 2025, at minimum. The Vault student housing complex offers the potential to own a stable, student housing property adjacent to an excellent higher education institution.
Georgia Broker of Record: Barden R. Brown, Jr. (License # 60755; Brown Realty Advisors, Inc.; Company License# 5732; 770.594.1915; [email protected])
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- FBS Institution with Strong Fundamentals: GSU Enrollment of 26,000 with Forecasted Growth Providing Consistent Demand in the Statesboro Market
- Pedestrian to Campus: 0.31 Miles From Georgia Southern University Campus
- Excellent Bedroom/Bath Parity: One-to-One Bedroom/Bath Parity Offering Students Space and Privacy
- Recently Renovated: Property Refurbished in 2018 with Modern Updates
- Offered Significantly Below Replacement Costs: Property is Offered Below Cost to Build New Student Housing Making Market Rents Below Replacement Costs; Protect the Market from New Supply and Allow for Continued Market Performance of 95% Occupancy and Future Rent Growth
Attachments
Getting around
-
Walk Score ®
-
Bike Score ®
Location
- City Statesboro, GA
- Neighborhood Statesboro
- Zip Code 30458
Points of Interest
-
Circle K
0.38 miles
-
Gate Petroleum
0.75 miles
-
Enmark
1.43 miles
-
Murphy USA
1.51 miles
-
Gate
1.51 miles
-
BP
1.64 miles
-
Enmark
1.64 miles
-
Walmart Neighborhood Market
1.78 miles
-
Parkers
1.86 miles
-
Clyde's Market
2.16 miles
-
Lot 13
0.43 miles
-
Lot12
0.47 miles
-
Lot 41
0.52 miles
-
Lot 11
0.59 miles
-
Lot 42
0.59 miles
-
Lot C
0.82 miles
-
Lot G
0.98 miles
-
Super 8
0.36 miles
-
Days Inn
0.49 miles
-
Howard Johnson's
0.67 miles
-
Quality Inn
0.78 miles
-
Deluxe Inn
1.67 miles
-
Hampton Inn Statesboro
1.71 miles
-
Holiday Inn
1.83 miles
-
Home2 Suites by Hilton Statesboro
2.00 miles
-
Studio 6
2.12 miles
-
SpringHill Suites Statesboro University Area
2.28 miles
-
Food World
0.54 miles
-
Sears
1.43 miles
-
JCPenney
1.43 miles
-
Bi-Lo
1.46 miles
-
Statesboro Mall
1.47 miles
-
Big Lots
1.55 miles
-
Belk
1.55 miles
-
Walmart Supercenter
1.62 miles
-
TJ Maxx
1.63 miles
-
Aldi
1.69 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.