The property averages 475 square feet per student, providing spacious interiors and ample outdoor parking. With current occupancy at 96%, The Laurel demonstrates strong in-place performance and offers clear rent growth potential, with base rents ranging from $695 to $745 per bed inclusive of utilities. Troy University, the flagship campus of the Troy University system, is a major economic and cultural driver in the region. The school continues to invest heavily in its infrastructure, including a $25 million recreation center, new health sciences building, and indoor athletic facilities—all of which enhance the appeal of nearby student housing. This asset is ideally positioned for investors seeking stable cash flow, long-term appreciation, and proximity to a growing university market. The surrounding area features a mix of retail, dining, and residential neighborhoods, with easy access to major thoroughfares including US-231 and AL-87.