The Edge on Washington is a Class A Student Housing Community located adjacent to Tarleton State University. TSU is the fastest growing university in Texas boasting an enrollment over 21,000 students for AY 25/26. Since Fall 2023, applications to the university have surged by 80%, with a 21% increase in enrollment YoY. With the continued enrollment growth, TSU will likely cross 30,000 students within the next 5 years putting immense upward pressure on market rents as housing becomes scarce for the booming enrollment.

• TSU Master Lease Request: Demand for housing continues to outpace supply as TSU has requested to master lease all remaining beds for AY 26/27. With another record breaking class expected for Fall, the university is poised to continue to lease beds off-campus to satisfy their insatiable housing demand.
• HUGE YoY Leasing Velocity Increase: Currently 80% preleased for AY 26/27 (May 13, 2026), The Edge on Washington is pacing 20% ahead of same time last year. As the university continues to notify students about the lack of available on-campus housing, The Edge on Washington should achieve 100% occupancy for Fall.
• Reduced Off-Campus Competition: TSU master leased Fireside Apartments for AY 26/27 and AY 27/28 taking 180 additional beds out of the off-market student housing competitive set as enrollment continues to climb putting further demand pressure on the off-campus market.
• Top 10% Growth: Enrollment of students in the top 10% of their Texas high school graduating class rose 21.9% in Fall 2025. With higher quality students, growing retention, record graduating classes and freshman enrollment, TSU is a market that should be on every investors' radar.

The Edge on Washington features 141 units / 341 beds in studio, 1-, 2-, 4-, and 5-bedroom unit configurations. Built in 2021, the community is the 3rd newest community in the TSU market with zero future supply pipeline. Currently, 20% of enrollment is served with on-campus housing, 9% off-campus, and 71% of enrollment searching for additional housing opportunities in a supply constrained market. As enrollment continues to surge at TSU, demand for quality student housing communities remains robust with upward pressure on rental pricing expected well into the future.