The Edge on Washington is a 2021 built, Class A Student Housing Community located 0.1 miles from Tarleton State University. The community features 141 units and 341 beds with a diverse unit mix of studios, 1, 2, 4, and 5 bedroom units. Currently occupied at 94% for AY 25/26, The Edge on Washington is poised for unrivaled rental rate growth in a market with 21% YoY enrollment growth, limited competitive set, and zero development pipeline.
Tarleton State University has experienced unparalleled growth over the last few years with FTFY Freshman enrollment increasing by 39% since 2021 and an 80% increase in applications since 2023. The university enrolls over 21,000 students for AY 25/26 and is the #1 Fastest Growing University in Texas. With an off-campus student housing market of 1,887 beds, average year built 2018, and average occupancy at 96.2%, the TSU market is positioned perfectly for outsized rental rate growth over the next several years.