Student Housing

This student housing investment portfolio presents a rare opportunity to acquire a scaled, income-producing asset in Frostburg, Maryland. Offered at an asking price of $5,250,000, the portfolio consists of 41 properties comprising 59 rental units and approximately 200 beds, serving both group and individual student housing needs.

The portfolio includes a diversified mix of property types: one 8-unit apartment building, 12 townhomes, and 21 single-family residences. This strategic blend provides operational flexibility and broad appeal to undergraduate and graduate students attending the local university, which enrolls over 4,000 students. The consistent demand generated by the university supports strong occupancy levels and seasonal tenant retention, contributing to stable annual performance. The portfolio generated approximately $456,000 in gross income in 2024, with projected Zillow valuations exceeding $5.4 million in 2025.

Operations are fully turn-key, supported by an established in-house online rental platform and a dedicated maintenance team. This infrastructure allows for streamlined leasing, efficient rent collection, and responsive property management, minimizing disruption and maximizing operational continuity for a new owner.

With its scale, established systems, diversified unit mix, and strong student demand drivers, this portfolio offers investors an immediate cash-flowing asset with long-term upside potential in a stable collegiate housing market.