Student housing investing means owning residential property purpose-built or adapted for college and university students, typically leased by the bed under annual or academic-year terms.
Log in to followThere's a town near me with a private liberal arts college, maybe 1,800 students, and houses go for $140k to $180k for four bedrooms. Rents around $500 a bed. On paper that's a mu…
I've got two 8-unit buildings under contract as a package, six blocks from a regional public university in the upper midwest. 16 units, mostly 3 bed, leased by the unit rather tha…
I bought one house, half a mile from campus at a large public university that's been growing, and I've now finished a full lease year, so here's what happened. Paid $372k, put 25%…
I own a service business, and a couple of the people I work for have rentals near a state university, so I've started looking at the sector myself. An agent sent me a rent roll fo…
Looking at an LP position in a 148 bed purpose-built property about half a mile from a mid-size public flagship. Sponsor is showing 96% pre-lease for the coming academic year and…
Looking at a 96 bed purpose-built property, 24 four-bed units, half a mile from a flagship with roughly 34,000 enrollment that's grown about 1.5% a year for a decade. Seller's T12…
I own land and a couple of long-hold parcels and I've never touched a student deal, but one of the parcels I've been sitting on for nine years is about a mile from a university th…
Two offerings crossed my desk in the same week and they're close to identical on paper. Both are 1990s vintage, both leased by the bed, both roughly 100 beds, both about half a mi…
I hold land for decades and I've been trying to work out whether student housing can be held the same way, because everything I read about the sector treats it as a five to seven…
I have been shadowing leasing at a by-the-bed property to learn the service side, and the paperwork question I did not expect to be a live argument is who the lease binds. Three v…
I've got a 64 bed value-add under review at a regional public school in a rural county. Current enrollment is roughly flat over five years, first-year headcount actually ticked up…
I've been going through notes and paper mostly, so this is my first look at a student housing offering, and the sponsor sent a 40 page deck where enrollment gets exactly one chart…
I have two student deals on my list that I cannot rank, and the disagreement is real enough that I want to see how this room splits. First is 240 beds, walking distance to a flags…
Bought a 1972 built 12 unit walk-up about a mile from a flagship that's added enrollment every year for the last decade. Two bedroom, one bath units, 880 square feet, renting at $…
Agent walked me through a 4 bedroom near a state school, rented by the bed, and the lease he showed me runs August 18 to May 22. So on paper that's nine months of rent and three m…
Two years ago an owner put a 24 unit, 96 bed off-campus portfolio out to bid and I won it at 4% of collected rent. Four bedroom units, one lease per bed, 12 month terms, parental…
Working through what actually changes on the compliance side when four unrelated people each hold their own lease in one house. My insurance agent used the phrase rooming house an…
Closing out a position I should never have taken, so here is the arithmetic. 168 beds off campus at a mid-tier private university, $18.9m purchase, about $112k a bed. Raise was $6…
Posting this because the failure was in the research step and it's the cheapest step to do properly. 2019, I bought a 2-unit property, each unit 3 bed 1 bath, four blocks from a p…
Reading a guarantee form on a 12 month August-to-July lease. The student is a sophomore and the parent signs as guarantor for the full term. If the student transfers in December,…