Constructed in 2018, The Crossings is a LEED Silver Certified property that was fully leased at closing. The unit mix consists of studio, two-, three- and four-bedroom floor plans, all with bed-bath parity, giving it a competitive advantage in the market. The property also has 11,200 square feet of adjacent retail space. Amenities and features at The Crossings include modern, fully furnished units, a resort style pool with the market’s only poolside jumbotron, a designer decorated clubhouse with ping pong & pool tables, study and relaxation areas and a fully equipped fitness center with a separate yoga studio and a half-court basketball court.

 

California State University – Sacramento has one of the best student housing supply and demand characteristics in the country. The University has 31,000 students enrolled with only 2,000 on-campus beds and 3,400 purpose-built off-campus beds. This supply represents 17% of total enrollment, which is well below the national average of 38%. The off-campus market has averaged 99% occupancy over the past five years, with average annual rental growth of 4.1%.