- 232 Unit Student Housing Community
- College Park, MD
Axiom Capital Corp. has structured and arranged a $34,500,000 bridge loan for the refinance of a 232 unit off-campus student apartment community located in the city of College Park, Maryland.
The property consists of consists of a single, four-story apartment building with structured parking situated on 15.65 acres. The property offers a full suite of amenities, including a swimming pool with sundeck; fitness center; movie theater; and more. The residential space wraps around a structured parking garage with 629 spaces with an additional 30 surface parking spaces. A shuttle service to Howard University and University of Maryland is also available. Built in 2010, the property is located in College Park along US Route 1 — a highly desirable area for student residents.