Atlanta—The management of University Heights, an 816-bed student housing property serving students at Texas State University in San Marcos, Texas, has been awarded to Atlanta-based Peak Campus.
“We really like the San Marcos market. However, there is no question that it is a crowded market from a student housing perspective,” Peak Campus senior vice president Casey Peterson told MHN. “Standing out in a market like San Marcos takes a well-crafted marketing plan and near-flawless execution. We are excited for the challenge and look forward to bringing our platform and resident-focused experience to the students at Texas State.”
University Heights features fully-furnished one-, two-, three- and four-bedroom units, with bed-to-bath parity and high-end features. Recent substantial capital improvements include a new state-of-the-art fitness center, high-tech computer lab, soccer field and clubhouse. Students can also take advantage of a number of other high-end amenities, including a pair of resort-style pools with a hot tub, two basketball courts, two sand volleyball courts, water volleyball, dog park, tanning, outdoor gas barbecue grill, disc golf course and gazebo area.
The community is located just minutes away from the Texas State University campus, as well as shopping, dining and recreational opportunities.
“We are thrilled that we have been given the opportunity to again partner with our client on this project,” said Peak Campus president Bob Clark. “University Heights is a wonderful addition to our growing portfolio. We look forward to positioning this project as one of the most attractive in the market, through a new level of execution and world-class customer service.”
Peak Campus has a long term relationship with the new owners of University Heights, Petersen said.
“In each of our engagements with them, we have collaborated with ownership to identify and execute on strategies designed to improve the physical asset and the overall resident experience,” Peterson continued. “We are poised to do the same at University Heights and thrilled that our client continues to put their trust in Peak. “
Peak Campus operates through a group of affiliated companies that have developed more than 14,000 beds of purpose-built student housing and now manage more than 46,000 beds.