CBRE Arranges TX Student Housing Sale

1 min read

The company’s Jaclyn Fitts, William William Vonderfecht and Casey Schaefer brokered the sale of the 1,005-bed community on behalf of Dovetail Development.

Wildwood of Lubbock
Wildwood of Lubbock

CBRE has secured the sale of Wildwood of Lubbock, a 294-unit student housing community in Lubbock, Texas. A private real estate fund advised by Crow Holdings Capital Real Estate acquired the 1,005-bed property from Dovetail Development. CBRE’s Student Housing Director Jaclyn Fitts, William William Vonderfecht and Casey Schaefer worked on behalf of Dovetail Development.

Located at 1701 N. Quaker Ave., on approximately 25 acres, the community offers convenient access to Texas Tech University, situated 3.6 miles away. The 25-building property totals 417,000 square feet and features a mix of two-, three- and four-bedroom units ranging from 1,230 to 1,783 square feet.

Common-area amenities include:

  • three-tiered swimming pools
  • jetted whirlpool
  • pavilion lounge
  • cabanas
  • 24-hour fitness center
  • outdoor fitness area
  • 24-hour study areas
  • cyber café
  • game rooms
  • community areas
  • grilling stations
  • basketball court
  • volleyball courts

In addition, Wildwood of Lubbock is a pet friendly community. In-unit amenities include stainless steel appliances, subway title backsplashes, wood-style plank flooring and modern lighting.

Image courtesy of CBRE

If you’d like to be featured in Brokers’ Corner, send your deal to [email protected].

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