Fountain Residential Partners has sold 14 SixtyFive, a 52-unit, 241-bed, brand-new student housing community in Kennesaw, Ga. near Kennesaw State University.
Nuveen Real Estate acquired the asset for an undisclosed sales price.
The boutique-style 14 SixtyFive features fully furnished two-, three-, four- and five-bedroom units with smart televisions, memory foam queen mattresses, stainless steel appliances, wood-style plank flooring, granite countertops, private bathrooms, walk-in closets, and balconies. Community amenities include study spaces on every floor, a gaming room, a 24-hour fitness center, outdoor kitchen with barbecue grills, resort-style pool and a study lounge.
Situated at 1465 Shiloh Road, 14 SixtyFive is one mile north of campus and provides excellent access to nearby retail and entertainment centers. The community offers walkability to Shiloh Square Shopping Center and the surrounding retail, including Kroger, Starbucks and Walgreens. Additiona