Overview
Capstone Apartment Partners is pleased to present CEV Bowling Green: a 288-bed student housing asset built in 1997 to service students at Western Kentucky University, which is adjacent to the property. With one of the best locations in the market and being one of the stops along the WKU transit system, CEV Bowling Green will continue to see tenant demand as students demand proximity and connectivity to campus. Furthermore, there is the potential for a market-supported value-add program to push rents over $100 per bed. With the phenomenal location, sound market fundamentals, and value-add potential, CEV Bowling Green is a once-in-a-market opportunity to see double-digit ROEs and strong IRRs within a short hold period.