Overview
This offering represents the opportunity to acquire a student housing community in College Station, Texas, at Texas A&M University.
Quarters on Luther is a 30-unit, 60-bed community with two-bed units with bed-bath parity built in 2009. Units are modern with stainless steel appliances, granite counters, and hardwood-style flooring.
Units at this community could be condo-ed out. Condo-ing units and selling them individually could maximize the value of the property.
Investment Highlights
30-Unit, 60-Bed Student Housing Community
Quarters on Luther is a 30-unit, 60-bed community with two-bed units with bed-bath parity built in 2009.
Modern Unit Interiors
Units are modern with stainless steel appliances, granite counters, and hardwood-style flooring.
At Texas A&M University
Quarters on Luther is well-located in close proximity to Texas A&M’s campus, especially close to Reed Arena and Kyle Field. This property is better located than a lot of its comps.
Largest Student Body in the Nation
Texas A&M has the largest student body in the nation, with over 81,000 students. Enrollment has seen consistent growth over the past decade, even through the pandemic.
Opportunity to Sell as Condos
To maximize value for this asset, an investor could condo out the units and sell them individually.
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Sales Team
