Property Description

The newly built Auburn Property, commonly known as ōLiv Auburn, is a high-end student housing apartment community offering premier amenities and services. The six-story building offers 889 beds and 337 units that are fully furnished with modern and custom-designed furniture. The units provide studio through five-bedroom floor plans, including full-size washers/dryers, private bathrooms, and walk-in closets with built-in shelving organizers. Student residents can enjoy the rooftop sundeck with a swimming pool, an outdoor lounge with barbeque areas, and a state-of-the-art fitness center. Within walking distance to the campus and near retail shops and restaurants, the Auburn Property serves students at Auburn University.

The St. Louis Property, also known as The Standard at St. Louis, focuses on providing comfort and well-being to student residents through a range of one- to five-bedroom floor plans. Built in 2016, the mid-rise St. Louis Property includes 163 units with 465 beds and features upscale amenities throughout. Residents enjoy an expansive list of community amenities, including a resort-style pool, resident lounge with foosball, and tanning beds. The pet-friendly St. Louis Property is conveniently located in downtown St. Louis, within walking distance of Saint Louis University and near Washington University, Goldfarb School of Nursing, and STLCOP. Students can easily enjoy a stroll in Forest Park, tour the St. Louis Art Museum or embrace the wonder of the Missouri Botanical Gardens, all nearby.

Property Type

Student Housing

Structure

Delaware Statutory Trust

Inland Student
Housing Portfolio DST

AL, MO

Remaining Availability

96% Remaining

Total Funds
$294,585,253
Remaining Availability
$158,000,000
Minimum Investment
$100K
Funded To Date
$5,950,253
Est. Hold Period
10 Years
Leverage
0.00%
Equity Raise
$163,950,253
Price/SF or Price/Unit
$203/SF

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Location Details

 
 
 

Population

Multi locations

Population Growth

Multi locations

About The Area

The Auburn Property provides housing for students at Auburn University. With its roots as East Alabama Male College, which was renamed to Auburn University in 1960, it is the oldest four-year co-ed school in Alabama and the second oldest in the Southeast. Total enrollment at Auburn University is roughly 31,526 students, making it one of the two largest public universities in Alabama. There are approximately 25,846 full-time undergraduate students and 2,300 full-time graduate students at Auburn University. Auburn University accepts approximately 85 percent of its applicants — based on specific SAT and ACT score minimums.11 Although nearly 60 percent of students hail from within Alabama, the majority of students live at the university and are not considered commuter students. 10 Auburn University website. The History. U.S. News & World Report Best Colleges, Auburn University Admissions, 2022.  Cushman & Wakefield Appraisal Report. 13 City Population website. Auburn-Opelika Metropolitan Statistical Area in USA.  Auburn-Opelika MSA Demographic Profile. City of Auburn, Prepared by Esri. Bureau of Labor Statistics. U.S. Department of Labor. 16 Auburn University website. City of Auburn. Prime Location in Downtown Auburn12 The Auburn Property is located in the Auburn-Opelika MSA, in Lee County, Alabama, at the southeast corner of West Glenn Avenue and Cox Street. The estimated 2021 population of the Auburn-Opelika MSA was slightly more than 177,000 residents. Several commercial properties are located just east of the Auburn Property, including Skybar Café, Toomer’s Drugs, U.S. Postal Service and Publix Super Market. The Auburn Property is also near the city’s central business district. Auburn University is located less than one-tenth of a mile from the Auburn Property. The diverse employment of Auburn-Opelika MSA includes jobs in agriculture/mining, construction, and manufacturing. The current unemployment rate for Auburn-Opelika MSA is 1.7 percent, well below the nation’s unemployment rate of 3.6 percent. Auburn is a small, friendly university town with a population of approximately 60,000. Forbes has consistently ranked Auburn on its lists for Best Places to Retire and Best Small Places for Business and Careers.

Saint Louis University The St. Louis Property provides housing to the students at Saint Louis University, which was founded in 1818. Saint Louis University is a private Jesuit research university with campuses in St. Louis, Missouri, and Madrid, Spain. It is the oldest university west of the Mississippi River and the second-oldest Jesuit university in the United States. Saint Louis University had an enrollment of 12,229 students in the 2020-2021 academic school year, with an additional 7,000 students enrolled in its 1818 Advanced College Credit Program, a dual-credit program available to some high school students meeting certain criteria. Saint Louis University is more selective with its admission requirements, allowing approximately 56 percent of new students to be admitted. Saint Louis University athletic teams compete in the National Collegiate Athletic Association’s Division I and are a member of the Atlantic 10 Conference. Consistently ranked highly for various graduate and undergraduate degree programs by U.S. News & World Report, Saint Louis University maintains an endowment in excess of $1 billion. The St. Louis Property is located approximately half a mile from Saint Louis University, five miles from the downtown business district, and 12 miles southeast of Lambert-St. Louis International Airport.19 Convenient Location in Downtown St. Louis19 The St. Louis Property is located in St. Louis, Missouri – part of the St. Louis, MO-IL Core Based Statistical Area (St. Louis CBSA) – with I-64 to the south, the Mississippi River to the north and east, and Skinker Boulevard to the west. The St. Louis CBSA is the largest metro area in Missouri, with more than 2.8 million residents. The unemployment rate of the metro is 3.2 percent, compared to the U.S. unemployment rate of 3.6 percent. The St. Louis CBSA is the fourth largest in the Midwest and includes a $161 billion economy, with 45 percent from the Missouri side of the region. Due to the area’s below average living and business costs, and central location within the U.S., many companies continue to look to locate and relocate to the St. Louis CBSA. The Port of Metropolitan St. Louis supports the regional economy’s trade industry – the largest employment sector. Health services and medical research are also top employment sectors in the St. Louis CBSA. St. Louis Lambert International Airport sits just 14 miles northwest of downtown St. Louis and served more than 7.3 million passengers as of September 2021. The area is home to several points of interest including the Gateway Arch, St. Louis Zoo, Forest Park, and the City Museum. The St. Louis Cardinals, its Major League Baseball team and St. Louis Blues, its National Hockey League team, draw large crowds to the area as well.

 

 

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