Attributes
Year Built | 2019 |
Building Area |
|
Number of units | 221 |
Property Description
Jones Lang LaSalle, L.P., JLL Real Estate Limited (collectively, JLL) is pleased to present Proximity at 10th, a best-in-class student-housing community located just feet from campus at expanding East Carolina University (ECU) in Greenville, NC. While ECU went fully online at the end of August, physical occupancy stabilized at 97% in October, demonstrating the unparalleled location of the asset with its accessibility to both ECU facilities and Uptown Greenville. Similarly unphased by the pandemic, ECU announced the third-highest enrollment in university history for Fall 2020 following a record setting number of freshman applications in the preceding admissions cycle.
Investment Highlights
- Located immediately across the street from campus & 700 feet from the ECU student recreation center
- Physical occupancy exceeded 97% in Fall 2020; Preleasing for Fall 2021 is already over 50% (as of 11/2/2020)
- The property is located directly between main campus and the university’s on-going $325-million Millennial Campus development project
- ECU welcomed its largest freshman class in university history in 2019
- ECU received a record high in freshman applications for Fall 2020
- On-campus occupancy has averaged 99% since Fall 2016


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