Asset Campus to Manage TX Student Housing
- Sep 03, 2018
After taking over the management of a 158-unit student housing community in Austin, Texas, Asset Campus Housing has been selected to manage Lyndon at Springtown, an upcoming 236-unit property in San Marcos, Texas. The off-campus community will serve students at Texas State University. According to the San Marcos Record, Endeavor Real Estate Group’s investment in the project is estimated at $34 million.
Located at 200 Springtown Way, the five-story building will offer fully furnished units with personal desks, storage, walk-in closets and private bathrooms in every bedroom. Additionally, the community will feature nearly 32,000 square feet of ground-floor retail space. Hopdoddy, Tiff’s Treats, McAllister’s, Gold’ Gym, Summer Moon Coffee Bar, The SPOT and Blaze Pizza will be among the property’s tenants.
Common-area amenities will include:
- swimming pool with outdoor kitchen
- recreation with media wall
- fitness center
- outdoor game area
- lounge space and poolside cabanas
- sand volleyball court
- outdoor fitness area
- outdoor study lounge
Upon completion in mid-2019, Lyndon at Springtown is set to offer 510 beds, as well as a residential parking garage. The mixed-use property is situated approximately 1.6 miles away from the university.
Image via Google Street View