Multifamily in the Middle

October 10, 2011

The multifamily sector is still an area where investors and developers are looking to venture into. With a well rounded multifamily portfolio under our belt, STG Design is poised to deliver some great projects, The Park at Vines and Southbridge are just a few.

The Nashville and Tucson offices have been working on two projects, Park at Vines in Louisville, KY and Southbridge in Camp LeJeune, NC. The Park at Vines project is located near Fort Knox outside of Louisville, Kentucky. This project has been specifically designed to accommodate the needs of military families who elect to live off base. The project offers a wide variety of unit types ranging from one to three bedrooms in a three story, breezeway style, walk up plan.

The Southbridge project is designed to accommodate the needs of military families who choose not to live on base. The project features spacious one, two, and three bedroom apartments with contemporary floor plans with amenities including an up-scale clubhouse with a fitness studio and meeting rooms.

From a recent article in ULI’s s magazine Urban Land, “ In pursuit of higher cap rates, more investors are expected to venture inland, seeking higher yields in areas where multifamily prices haven’t recovered as much as on the East and West Coasts.” via Multifamily in the Middle.

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