CEV Murray South

CEV Murray South

Murray, KY
Available
  • Property Type: Apartments
  • Property Size: / 108 Units

Overview

Capstone Apartment Partners is pleased to present CEV Murray South: totaling 408 beds across 108 units and constructed in 1999. This asset is being offered in conjunction with CEV Murray North (2008; 490 beds) and CEV Gables in Bowling Green, Kentucky (1997; 288 beds). Located less than half a mile from campus, this asset services students enrolled at Murray State University, a magnet university for students located in western Kentucky and northwest Tennessee. With nationwide economic and enrollment trends pointing toward growth in four-year school demand, Murray State has is poised to see dramatic enrollment growth, which will only provide additional occupancy demand for CEV Murray South. The asset represents the vast majority of all student-purpose assets in Murray and with the best-in-class amenity package and future enrollment growth and are geared toward long term economic success from multiple demand drivers. drivers. When compared to Station 74, an immediate market competitor located adjacent to CEV Murray South, the subject property offers residents a $75–80 per month discount garnering strong historic occupancy as the value provider.

Contact Information

Jonathan Hawks Investment Sales Advisor P: 706.372.4177
O: 800.746.3175 ext. 717
j.hawks@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
Tyler Mayo Investment Sales Advisor P: 662.386.1622
O: 800.746.3175 ext. 729
tyler@capstone-companies.com
Austin Heithcock Investment Sales Advisor P: 615.477.1971
O: 800.746.3175 ext. 721
h.austin@capstone-companies.com
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