The project got finished quicker than we anticipated.  

The project is anticipated to facilitate access to/from major industries and freight destinations in Mobile and provide hazardous material vehicles a direct route away from the downtown business district.- The overall market has increased by 8.4% this year with the median apartment rent at $950.

I wouldn't anticipate there would be any major issues, otherwise how could you rent to students? 

And if they have a marketing team member there:When is preleasing anticipated to start?

With the .5 point cut, I think the rates already dropped in anticipation of this happening, but not sure if anyone has further insight into this?

Highlighting the STR revenue potential, especially in a prime location, could attract investors looking for both income and future appreciation.Steps to take:Prepare a detailed financial breakdown of the property's current performance and future projections.Include comparables in the area to show both STR potential and anticipated appreciation.Offer flexibility in the buyout terms (e.g., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.

The only other thing I would add is that if you decide to buy another property (with or without selling) I'd highly recommend you do that before the anticipated rate drops.

Hey Ryan, great question, all the banks were anticipating the drop between 25 and 50 bps.  

If you anticipate challenges, it might be strategic to wait until closer to the 90-day notice period required by law.

Many investors and sellers tend to slower pace during this time, anticipating a busier market in Q4.