MultiVersity Housing Partners (MVHP) has acquired The Ridge, located near the campus of Clemson University in Clemson, S.C. MultiVersity Property Management (MVPM) will be overseeing the management of this 616-bed, class A+ purpose-built student property, as well as all planned property improvements. The acquisition is part of the firm’s entry into the Clemson market.
The Ridge was constructed in 2018 and is made up of two-bedroom/two-bathroom flats and four-bedroom/four and a half bath luxury townhomes complete with attached garages. The property features a resort-style swimming pool, lazy river, a 30-foot LED video screen, dog park, clubhouse, private shuttle and fitness center. Unit interiors (both townhomes and stacked units) have faux wood flooring, keyless entry, stainless steel appliances, a large kitchen with granite countertops, and are fully furnished. The property is 96 percent leased for the
