Strong Financial Foundations and Future Growth Prospects
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COMPANY COMPETITIVE POSITION
Build for the masses, not the classes.
ACC's properties are strategically positioned to offer a
wide array of unit types and price points within the same
community which appeals to a broader set of student
residents.
Proprietary unit design and configuration maximizes rent
per square foot while creating affordable per bed price.
points not previously available in the market.
Competitors target the highest socio-economic, while ACC
targets the widest socio-economic
ACC Communities versus Market Competitors:
61% 12% 91% 32%
ARE BELOW MARKET
MEDIAN RENT LEVEL
AVERAGE RATE
DISCOUNT TO MARKET
ARE CLOSER TO CAMPUS
THAN THE MARKET
AVERAGE DISTANCE
AVERAGE RATE DISCOUNT
TO COMMUNITIES BUILT IN
2017 OR LATER
ACC Effective Rental Rates versus
Competitive Set (% of ACC Properties)
100th Percentile
75th Percentile
14%
25%
50th Percentile
32%
25th Percentile
29%
Source: Data from RealPage Axiometrics' Student Housing Performance Time Series by Month report as of 10/24/2019. Market statistics are based on all properties tracked by RealPage in ACC's 69 markets located within 1 mile from campus with effective rental rate data for September 2019.
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