Leasing Department
Apr 8, 2024
Milledgeville, GA —Nestled in the heart of Milledgeville, Georgia, Bellamy Milledgeville stands as a beacon of excellence in the city's vibrant student housing market.
Nestled in the heart of Milledgeville, Georgia, Bellamy Milledgeville stands as a beacon of excellence in the city's vibrant student housing market. Milledgeville, known for its rich history, scenic landscapes, and thriving college community, offers a unique blend of small-town charm and modern amenities—a perfect backdrop for Bellamy Milledgeville's success story.
As a key player in Milledgeville's student housing market, Bellamy Milledgeville has continuously strived to enhance its operations and provide unparalleled living experiences for its residents. In recent years, the property has embarked on a journey towards greater efficiency and growth, setting ambitious goals to elevate its performance in the competitive market.
One notable achievement for Bellamy Milledgeville has been its increase in leasing velocity—a testament to its commitment to excellence and innovation. Taking into account higher rates in the 2024 leasing year, the property still managed to boost its leasing velocity by an impressive 5%. This milestone is underscored by the significant improvement in lease conversion rates, which have jumped from 20% in 2023 to an impressive 25% year-to-date in 2024.
What makes this achievement even more remarkable is the property's robust rate growth, so far this year they have achieved just under 8% growth from last year. Despite the challenges posed by market dynamics and evolving tenant preferences, Bellamy Milledgeville has remained steadfast in its pursuit of growth and success.
Behind the scenes, Bellamy Milledgeville's dedicated team of professionals works tirelessly to ensure the property's success. From implementing strategic marketing initiatives to enhancing resident experiences and streamlining operations, every effort is made to exceed expectations and deliver exceptional value to residents and stakeholders alike.
"We have remained steadfast in our commitment to rebuild the Bellamy brand while elevating the resident experience. Our marketing efforts and calculated leasing approach have allowed our team to achieve a tremendous amount of rate growth this leasing season! Our property is a prime example of what you can accomplish with a staff full of go getters and a proper leasing strategy", Caleb Hurst, Leasing Manager.
As Bellamy Milledgeville continues to thrive in Milledgeville's dynamic student housing market, the property serves as a shining example of efficiency, growth, and innovation. With its unwavering commitment to excellence, Bellamy Milledgeville is poised to write the next chapter in its success story, inspiring others in the industry to reach new heights of achievement.