Coastal Ridge Acquires 718-Bed Community Near the University of Tennessee

Crowne at Campus Pointe is located blocks away from the University of Tennessee in Knoxville. Crowne at Campus Pointe is located blocks away from the University of Tennessee in Knoxville.

Knoxville, Tenn. — Coastal Ridge Real Estate has acquired Crowne at Campus Pointe, a 718-bed student housing community located at 2240 Grand Ave. near the University of Tennessee in Knoxville, from Crowne Partners.

The property offers one-, two- and three-bedroom units. Shared amenities include a resort-style swimming pool and sundeck; a fire pit area; an outdoor cooking space with multiple gas grills and big screen televisions; a 24-hour fitness center; a clubhouse with billiards; a 24-hour study center with computers; a coffee lounge; and a large dog park. Ryan Lang and Bo Flurry of ARA Newmark represented the seller in the transaction. The terms of the sale were undisclosed.

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