Arlington Cottages & Townhomes

Louisiana State University
179 Units and 732 Beds

TSB Realty was engaged by Capstone Collegiate Communities to sell Arlington Cottages & Townhomes via an off-market process directly approaching known buyers of student housing delivering in the first year. TSB Realty secured multiple offers for the property from proven buyers. The property was successfully sold in December 2016 to a joint venture of H. Katz Capital Group and Coastal Ridge Real Estate. This transaction marked TSB Realty’s fourth student housing sale to the joint venture of H. Katz Capital Group and Coastal Ridge Real Estate.

Property Summary
• Situated on more than 20 acres
• Mixture of three-, four- and five-bedroom floor plans
• 179 Units | 732 Beds
• Year Built: 2016
• Deal Closed: December 2016

Property Amenities
• Minutes from Louisiana State University campus
• Resort-style swimming pool with outdoor cabanas
• State-of-the-art fitness center with yoga studio and spin room
• Electronically controlled building access and on-site courtesy officer
• Shuttle service to campus

Property Description
Arlington Cottages & Townhomes opened in Fall 2016 and features three-, four- and five-bedroom floor plans. Property amenities include a resort-style pool, outdoor cabanas, sand volleyball court, pool house game room, pet-washing station, 24-hour clubhouse and study hall, a state-of-the-art fitness center with yoga studio and spin room, and shuttle service to campus. Units feature nine-foot ceilings, stainless steel appliances, free cable and wi-fi, optional furniture package, washer and dryer, and private bathrooms for all bedrooms.