756 E. Haggard Avenue, Elon, NC 27244

The Crest at Elon represents an opportunity to acquire a purpose-built student housing community located at 756 E. Haggard Avenue in Elon, North Carolina. The property consists of four residential buildings comprising 42 apartment units configured as four-bedroom, four-bathroom residences. Originally developed in 2004, the community was specifically designed to serve students attending Elon University and today remains integrated into the university's residential housing network through a third-party master lease arrangement.

Positioned approximately 0.9 miles from campus, the Property provides residents with convenient access to academic buildings, student services, athletics, dining, and downtown Elon. The location supports pedestrian, bicycle, and university shuttle connectivity, reducing reliance on personal vehicles while enhancing the appeal of off-campus living. The Crest is served by the Elon Express shuttle and offers clubhouse amenities, study space, a fitness center, and furnished bedrooms, all features that align with student preferences.

Unlike conventional multifamily communities that depend on broad workforce housing demand, The Crest derives demand from a concentrated and recurring tenant base supported by one of the Southeast's strongest private universities. This relationship provides investors with exposure to an institutional-quality student housing asset that benefits from annual leasing cycles, resilient occupancy, and sustained enrollment.