Elara at The Sawmill

0 Units

0 Beds

Year Built: 0

Northern Arizona University

Flagstaff, Arizona

Elara at The Sawmill

TSB Realty, LLC successfully completed the sale of Elara at The Sawmill, a 332-unit, 804-bed luxury student housing property located next to Northern Arizona University in Flagstaff, Arizona. McGrath Real Estate Partners and Kayne Anderson Real Estate sold the property to an undisclosed buyer.

In addition to TSB Realty brokering the sale, TSB Capital Advisors consulted on the buyer joint venture partnership and arranged the acquisition financing.

Property Summary

• Luxury student housing community
• 332 Units | 804 Beds
• Year Built: 2022
• Deal Closed: 2023

Property Description

Built in 2022, Elara at The Sawmill offers a diverse range of living spaces, from studios to four-bedroom apartments. Each unit is equipped with designer packages, smart 55-inch TVs, granite countertops, stainless steel appliances, and other high-end finishes. Community amenities include a heated resort-style pool and jumbotron, grilling pavilion and kitchen, Flagstaff’s most extensive residential gym, private and group study lounges, a pet wash station, and an outdoor bouldering rock. Located conveniently near Northern Arizona University and within walking distance of various shops and restaurants, Elara has established itself as a cornerstone of upscale living in Flagstaff.

Property Amenities

• Heated Resort-Style Pool
• Two-Story 24-Hour Fitness Club
• Poolside Jumbotron
• Turf Lawn with Foosball, Ping Pong and Cornhole

Let's Talk

Relationships drive what we do at TSB Realty. Call us at (610) 905-1647 or click the button below to send us a message, and let’s see what our team can do for you.