sur Kingsbarn Realty Capital
Kingsbarn Completes Value-Add Program at University of Oregon Student Housing
Kingsbarn Capital & Development has finalized the renovation of Ducks Village, a 650-bed student housing community in Eugene, Oregon. Located near the University of Oregon, Ducks Village provides fully furnished suites ranging from one- to four-bedroom units. The renovations aimed at enhancing living standards and included the installation of new stainless-steel appliances, granite countertops, updated cabinets, HVAC units, smart home features like Nest thermostats, and LED lighting.
Common areas also saw significant improvements. These included an upgraded clubhouse and fitness center, a new dog park, pool furniture, an outdoor kitchen, improved signage, and upgraded internet facilities. The renovation, costing $7 million, has boosted occupancy to 96%, affirming the demand for quality student housing.
Kingsbarn's CIO, Phil Mader, emphasized the importance of sustainability in their projects. The company aims to create modern, energy-efficient spaces that are environmentally friendly. Built in 1995, Ducks Village now stands as a testament to Kingsbarn's commitment to improving student living conditions and ecological sustainability.
R. P.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Kingsbarn Realty Capital