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1102 E Locust St, Columbia, MO 1118 Locust St, Columbia, MO 120 S 10th St, Columbia, MO 220 S 10th St, Columbia, MO 260 S 10th St, Columbia, MO
Brookside Downtown
Asset ClassStudent Housing, Multifamily
# Beds834
# Sites: 10# Units: 279Occupancy: 95.92%Access Data Room
834 Beds, 279 Units, 24,677 SF of Retail at the University of Missouri
overview of deal

Overview

Brookside Downtown is a 279-unit, 834-bed student housing community serving the University of Missouri in Columbia, Missouri. The community is situated in the heart of downtown Columbia, a premier location allowing students to live within walking distance of campus. The community is comprised of two-, three- and four-bedroom configurations with bed-to-bath parity and an additional 65 one-bedroom units delivering for AY 24/25. Community amenities are unmatched, featuring a rooftop pool/terrace with views of the university, a state-of-the-art fitness center, study center, grilling stations and clubhouse. Brookside Downtown is also comprised of 443 parking spaces spread out over six parcels. Of the six parking parcels, four are owned by the seller with three of the four offering the buyer the potential for additional development.

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Investment Highlights

# Units
279
# Beds
834
# Sites
10
Land
3.91 Acres
Parking Spaces
443 Spaces
Occupancy
95.92%
MKT Rent
$860
  • 14% Increase in Freshman Applications at Mizzou
  • Unique investment opportunity
  • Newly constructed and renovated parcels
  • Healthy market fundamentals
  • Momentum gaining at Mizzou
  • Rent growth potential
  • High barriers to entry
  • Other income opportunities
  • Future retail upside potential
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1102 E Locust StColumbia, MO 65202
University of Missouri
Faurot Field at Memorial Stadium
Downtown restaurants, nightlife, and shopping
Columbia Regional Airport

Sales Team

Jonathan HoltSenior Vice President(813) 871 8502jonathan.holt@colliers.com
Nicholas CoccodrilliSenior Investment Analysis Director | Florida Sales Associate(813) 605-4460nicholas.coccodrilli@colliers.com
Logan WeaverVice President(816) 556-1122logan.weaver@colliers.com
Grant KollmanSenior Vice President(816) 556-1122grant.kollman@colliers.com
Charlie LaBarrVice President(816) 556-1132charlie.labarr@colliers.com
Will MathewsVice Chair, Midwest Multifamily(404) 877 9285will.mathews@colliers.com
Tyler HagueExecutive Vice President, Midwest Multifamily(312) 612 5936tyler.hague@colliers.com
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Listing provided by Revere CRE