Midwest Student Housing Properties Up for Sale

As the student housing market remains historically strong, many owners are now looking to follow the momentum of a full lease-up for the start of the school year and bring their properties to the market in the fourth quarter of the year.

Triad Real Estate Partners has brought more than 4,500 beds of student housing properties with an aggregate value of over $200 million to the market for sale.  These assets are located in both top tier and secondary markets and universities throughout the Midwest.

Village Promenade at Ball State University, Muncie, Ind.

Village Promenade at Ball State University, Muncie, Ind.

According to the brokerage firm, sellers are now looking to take advantage of the aggressive cap rates that buyers are willing to pay for well-located student assets throughout the country.  Properties in the Midwest continue to attract East Coast, West Coast and international investors.

Some of the properties Triad is currently marketing for sale include:

As most universities throughout the country continue to see increases in enrollment, the student housing sector remains one of the best categories for yield buyers looking for consistently strong returns.