THE TIGER HOUSE
The Tiger House is the premier Greek housing property serving students at the University of Clemson. The property is located at 173 Old Greenville Highway, just steps from the campus and Downtown Clemson. Clemson is a market that has experienced significant growth over the past 10 years and Amplify is excited to expend our portfolio at such a prestigious University. This asset is an ideal addition to the Company’s Greek Housing Income Producing Platform and is one that the company plans to renovate and operate long term.
173 Old Greenville Highway
Greek Housing Income Producing Platform
23,609 SF (0.54 AC) 3 Stories, 10 Units, 20+ Beds, 15 Private Surface Parking Stalls
The Tiger House at 173 Old Greenville Hwy is located just directly across the street from the Northern edge of Clemson’s campus. Old Greenville Highway serves as the major E-W thoroughfare in and out of campus and has many of the most desirable properties in the region along its northern side. The northern part of campus directly adjacent to the property is a
5-minute walk from the University Commons, Death Valley football stadium, and the majority of the classroom facilities serving students.
The bulk of the retail, dining, nightlife and larger privately owned student housing properties are located along College Avenue, which is less than 1,000 yards and a 5-minute walk from the subject site. Properties of this size and in this prime location rarely become available, making it one of the most desirable rental properties and future development sites in the market.
The business plan for the property involves making cosmetic and value-add renovations to the existing property. The business plan also involves securing a medium-term master lease with a quality and upstanding Greek Organization and Housing Corporation that is in good standing with the University of Clemson. Amplify plans to apply its best practices with regard to operating Greek Housing Properties to ensure the responsible use of the property and has engaged several of the most well-respected local property management companies in Clemson to oversee the property.