rcp properties

Western Carolina University

SOLD

Prime location and best-in-class amenities at a fast-growing university.

Western Carolina University
Location:
Cullowhee, NC
Acquired:
2017
# of units:
196
# of beds:
490
Square footage:
213,150

SOLD - A 2015 vintage asset acquired directly from the developer in 2017. The investment thesis is built upon the growing enrollment, lack of suitable off campus housing sites (barriers to entry) and prime location on the new River Greenway, leading directly to campus. RCP initiated a capital program to provide best in class amenities that support fitness and outdoor recreation, big draws in that market. 

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