The Summit Portfolio

The Summit Portfolio

Price: $ Market Bid

Total Number of Units: 108 Units/216 Beds

Address: 600 Eugenia Street, Tallahassee, FL, USA

  • 216 student housing beds located just 0.4-miles from the Florida State campus
  • Two-property portfolio built in 2002
  • Ability to serve as the low-cost provider within the rapidly expanding College Town submarket
  • Significant upside available by increasing rental rates to trail the College Town average by $168/month

University Highlights:

  • 41,368 total enrollment (32,929 undergraduate)
  • Florida State University recently made a significant jump in the national public-school rankings, moving all the up to the 26th best public university in the United States
  • Legacy Hall, Florida State‚Äôs Future College of Business is set to open in the Arena Development District, which is located just 0.4-miles from the Summit Portfolio
  • Florida State University saw a record number of enrollment applications for the 2018/19 academic year
  • Jim Moran College of Entrepreneurship was recently completed in Downtown Tallahassee

Call for Offers: Thursday, October 25th by 5:30pm EST


Lead Agent(s): Benjamin N. Skinner and Matthew W. Prozzillo

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Location Highlights

  • 0.1 Miles from The Summit Portfolio: Railroad Square Art Park & Current home of Proof Brewing Co.
  • 0.3 Miles from The Summit Portfolio: Cascades Garden Development & Future home of Proof Brewing Co. (SoMo District)
  • 0.4 Miles from The Summit Portfolio: Downtown Tallahassee
  • 0.5 Miles from The Summit Portfolio: Florida State University Campus (41,638 students)
  • 0.5 Miles from The Summit Portfolio: Florida State’s Legacy Hall College of Business/Arena District Development (opens 2020)
  • 0.7 Miles from The Summit Portfolio: Florida State Capitol (20,000+ employees)

Additional Photos