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V.22 No.10 | March 7 - 13, 2013

Annual Report 2013


Weekly Business Profile


The Cottages of New Mexico
Type of business:
Student Housing Community

Owners:
Capstone Collegiate Communities

Ages:
18+

Hometown:
Albuquerque, New Mexico

Business Address:

2720 Central Ave SE Suite C
Albuquerque NM 87106
505-312-8185

Business Email:
lmaestas@capstonemail.com

Business Website:
thecottagesofnm.com

Number of Employees:
15


What is The Cottages of New Mexico?
The Cottages of New Mexico is the newest, resort-style student neighborhood near the University of New Mexico campus. We offer 4- and 5-bedroom homes in a variety of floor plans and styles. We will be opening August 2014 and are currently leasing for the fall semester. The Cottages is a gated community located between Gibson and Sunport. We are only three miles from UNM and just minutes away from Buffalo Wild Wings, Fuddrucker's, Dion’s and Applebee’s!
Why did you choose to do business in Albuquerque?
The Cottages of New Mexico came to Albuquerque with the goal of bringing something new and exciting to UNM and CNM students. Albuquerque tends to be a commuter city, and with all of the traveling, the students tend to miss out on the college lifestyle. We hope to give them the college experience, both socially and academically, while still allowing them to live in the comfort of their very own home!
How would you define your position within the marketplace or within your market segment?
In the past few years, New Mexico has seen an increase in student housing, but what The Cottages offers is vastly unique. Not only do we give students their own 2-story homes rather than apartments, we also allow pets, furniture options and co-ed living. We house freshmen through graduate students as well as CNM and UNM students.
What amenities do you offer at The Cottages?
Our 11,700 sq. ft. clubhouse will be filled with free amenities including saunas, steam rooms, tanning beds, a 2-story fitness center, a fully equipped game room, study rooms and more. With a resort-style pool, hot tub, tanning decks, an outdoor grill and even pet-washing stations, The Cottages will be the best and most unique option for students!
How does roommate matching work?
Students have the option to bring in their own roommates to fill up their homes, or we will use our matching system to help them. With our Roommate Binder, students can contact others looking for roommates and find a match based off of social habits, study habits, hobbies and more.
What about pricing?
The Cottages of New Mexico lease individual bed spaces to students starting at only $549 per month! Each home will have its very own alarm system, a washer and dryer and free utilities including: water, sewer, trash, cable and internet. Our pricing is incredibly comparable to on-campus housing. The Cottages are also a more affordable option for freshmen because we do not require the $3,000 meal plan that is required by all other on-campus communities. We offer a free shuttle to and from campus as well as free parking—saving students over $300. We are a student resort at an affordable cost - you can't beat it!
How does a student reserve a cottage with you?
We are now giving tours of our on-site model! Just call us at 505-312-8185 to set up an appointment to visit the community. Students will have the opportunity to sign their lease and reserve their specific house on the property! We are filling up very quickly, so reservations are encouraged to be made as soon as possible.
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