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University Edge
Asset ClassStudent Housing, Multifamily
# Units155
# Beds: 599Retail SF: 18,320Access Data Room
University of Akron Student Housing Portfolio
overview of deal

Overview

University Edge is the ONLY purpose-built student housing community serving the University of Akron in Akron, Ohio. Comprising 148 units and 578 beds, it offers two-, three- and four-bedroom layouts, each with private bathrooms for every bedroom. Just steps from campus, University Edge stands out with best-in-class amenities, including a state-of-the-art fitness center, a spacious game room, a clubhouse, tanning beds, a computer lab, and outdoor fire pits with grilling areas—all designed to deliver exceptional off-campus student experience. With over 13,300 students enrolled at the University of Akron for the 2024/25 academic year and limited on-campus housing options, University Edge plays an essential role in meeting the demand for student accommodation. Its proximity to campus and variety of dining options further reinforce its reputation as Akron’s premier mixed-use student community.

 

Property Video:

 

 

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Investment Highlights

# Units
155
# Beds
599
Occupancy
97%
Retail SF
18,320
  • Occupancy upside potential with the introduction of a revised tiered leasing structure for 2025/26.
  • Third consecutive year of stable enrollment.
  • Upside revenue potential with an additional 21 beds included in the sale.
  • 18,320 SF of retail space with national tenants.
  • The only purpose built student housing serving over 13,300 students.
  • 90% occupied and 65% preleased for AY 2025/26.
  • Priced well below replacement cost.
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393 Sumner StAkron, OH 44304

Sales Team

Gary CooperSenior Vice President216 239 5113gary.cooper@colliers.com

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Listing provided by Revere CRE