Landing at Western

Investment Highlights

Cottage Design with Top-of-Market Amenities

Built in 2018, The Landing at Western is a cottage-style student property serving Western Carolina University (WCU) with all the accommodations students have come to expect with luxury living.

A+ Walkable Location

Located just a quarter mile from the WCU campus, The Landing at Western is the closest cottage-style student property to the Western Carolina campus.

Strong Market Fundamentals

Over the past 10 years, Western Carolina undergraduate enrollment has grown over 33% (45% growth prior to COVID-19).  Average occupancy within 1 mile of campus in 99%.

Potential for Additional Units

The Jackson County Planning Department has revised their interpretation of the 1.25:1 parking ordinance since completion of this project. This could allow additional units to be constructed on the site, conceivably on the visitor parking lot.

Investment Summary

  • Status: Available
  • Cullowhee, NC
  • Total Beds: 80
  • Year Built: 2018
  • Total Units: 19
  • Occupancy: 96%
  • In-Place Rent/Bed: $618
  • In-Place Rent/Unit: $2,600
  • In-Place Rent/SF: $1.25

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Additional Info

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