Inland Real Estate Acquisitions has negotiated and closed the purchase of a 673-bed student housing property in Columbia, S.C.
Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from Brett Smith, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, completed the transaction on behalf of an Inland affiliate.
Positioned adjacent to the University of South Carolina campus, the Sawyer on Lincoln is a newly developed five-story purpose-built student housing property consisting of 277 units. Constructed in 2023, the property features 21 one-bedrooms, 117 two-bedrooms and 139 three-bedrooms and has 100 percent bed-bath parity, defined as each bedroom having its own private bathroom. Each unit is fully furnished with wood-style flooring, modern furniture, memory-foam mattresses, private locks on bedroom doors, granite countertops, a full-size washer and dryer, valet trash service and electronic key-card access.
“The S
