Campus Advantage to Manage TX Community

The firm is now handling the operation of a newly built, 384-bed student housing property, which is situated near Sam Houston State University in Huntsville.

Midtown Sam Houston in Huntsville, Texas
Midtown Sam Houston in Huntsville, Texas

Campus Advantage has been selected to manage Midtown Sam Houston, a recently constructed, 384-bed student housing community in Huntsville, Texas. The property sold earlier this month to a private investor, who financed the acquisition with a $15.4 million Fannie Mae loan secured by Walker & Dunlop, according to Walker County public records.

Located at 2821 Lake Road, the 10-building community is situated within one mile of Sam Houston State University. The property sits near Interstate 45 and is in an area containing a number of other student-targeted communities. Midtown Sam Houston’s beds are spread across a mix of two- and four-bedroom units. Community amenities include complimentary Wi-Fi, washers and dryers in each apartment, a clubhouse, a 24-hour fitness center, a swimming pool and one parking space for each resident. Additionally, each unit is fully furnished and pet-friendly.

“We are confident that our operations excellence, integrated marketing capability and programming will make a positive impact on this property and market,” said Mike Peter, president & CEO of Campus Advantage, in a prepared statement.

The firm has been significantly expanding its portfolio, having been tapped to manage a number of student communities in the region over the past year—including two student housing properties under construction in the Dallas and Austin areas.

Image courtesy of Campus Advantage