Inland Acquires University of South Carolina-Adjacent Student Housing Property
Inland Real Estate Acquisitions LLC negotiated and closed the purchase of a 277-unit student housing property in Columbia, S.C. Adjacent to the University of South Carolina campus, the Sawyer on Lincoln is a five-story purpose-built student housing property constructed in 2023. Inland did not disclose the purchase price.
The investment features 21 one-bedrooms, 117 two-bedrooms, and 139 three-bedrooms and is 100% bed-bath parity, meaning that each bedroom has 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 Sawyer on Lincoln was sourced directly from ownership, underscoring Inland’s deep rooted relationships, commitment to the student housing sector and reputation for integrity in the industry,” said Mark Cosenza, senior vice president of Inland Acquisitions. “Inland continues to be bullish on acquiring attractive student housing properties in prime locations, with consistent occupancy rates, projected university enrollment growth, and high quality features and amenities.”
The pet-friendly property also features private and group study rooms, a 24-hour fitness center, a gated resident parking garage with 525 parking spaces, a VIP package locker system for parcels, a social lounge with kitchen and TVs, a resort-style pool with lounge seating and a hot tub, and an outdoor resident courtyard.
Sawyer on Lincoln is currently 100% occupied and recently began leasing for the 2025-2026 school year. University Partners will be managing the property and brings more than 20 years of experience operating student housing in top markets across the country. It currently owns and/or manages over 25,000 beds, representing over $4 billion of property value.
Previously reported by The DI Wire over the summer, real estate investment manager Inland Private Capital Corporation began an alliance with University Partners to focus on managing and operating off campus purpose-built student housing opportunities located at leading, top-tier universities throughout the nation.
Inland Acquisitions assists in identifying potential acquisition opportunities, negotiates acquisition-related contracts, and acquires real estate assets for the various entities that are a part of The Inland Real Estate Group of Companies Inc. – one of the nation’s largest commercial real estate and finance groups.
Since inception, Inland Acquisitions has facilitated more than $55 billion of purchases across all asset types, with a more recent focus on student housing, multifamily, self-storage, senior living, and manufactured housing communities.
Earlier this year, Inland Acquisitions purchased a 484-bed student housing property – The Parker, built in 2021 – across the street from the University of Arizona’s main walking thoroughfare.
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