Se Connecter/S’inscrire
Votre courriel a été envoyé.
1136 W Washington Ave
Stephenville, TX 76401
The Edge On Washington · Immeuble residentiel Propriété À vendre
·
139 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 2021-built Class A student housing community within steps of Tarleton State University.
- 94% pre-leased for AY 25/26 in a market operating at 96.2% average occupancy.
- Zero new development pipeline in the market, creating a supply-constrained environment for rental growth.
- Diverse unit mix of studios, 1-, 2-, 4-, and 5-bedroom layouts catering to multiple student preferences.
- Tarleton State University enrollment has increased 39% since 2021, with an 80% growth in applications since 2023.
- Off-campus student housing supply consists of only 1,887 beds, with an average year built of 2018.
Résumé de l'annonce
The Edge on Washington represents a premier investment opportunity in one of Texas’ fastest-growing university markets. Constructed in 2021, this Class A student housing community features 141 units and 341 beds, offering a contemporary amenity package and a robust unit mix that includes studios and 1-, 2-, 4-, and 5-bedroom floor plans. The property is currently 94% pre-leased for AY 25/26, demonstrating consistent demand and stable income performance.
Located just 0.1 miles from Tarleton State University, the asset benefits from immediate pedestrian access to a campus that has seen an extraordinary surge in enrollment. TSU boasts over 21,000 enrolled students for AY 25/26, reflecting a 39% increase in first-time freshman enrollment since 2021 and an 80% rise in applications since 2023. Additionally, the market exhibits strong fundamentals, including 21% year-over-year enrollment growth, sustained occupancy rates above 96%, and no active development pipeline—all of which position The Edge on Washington for exceptional rental growth potential.
With modern construction, limited competitive supply, and unrivaled proximity to campus, this property is poised to deliver durable cash flow and market-leading returns in a high-demand university housing sector.
Located just 0.1 miles from Tarleton State University, the asset benefits from immediate pedestrian access to a campus that has seen an extraordinary surge in enrollment. TSU boasts over 21,000 enrolled students for AY 25/26, reflecting a 39% increase in first-time freshman enrollment since 2021 and an 80% rise in applications since 2023. Additionally, the market exhibits strong fundamentals, including 21% year-over-year enrollment growth, sustained occupancy rates above 96%, and no active development pipeline—all of which position The Edge on Washington for exceptional rental growth potential.
With modern construction, limited competitive supply, and unrivaled proximity to campus, this property is poised to deliver durable cash flow and market-leading returns in a high-demand university housing sector.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 3,58 AC |
| Nombre d’unités | 139 | Taille du bâtiment | 113 600 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 94% |
| Sous-type de propriété | Appartement | Nombre d’étages | 5 |
| Style d’appartement | De hauteur moyenne | Année de construction | 2021 |
| Classe d’immeuble | A |
| Type de vente | Investissement |
| Nombre d’unités | 139 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | A |
| Taille du lot | 3,58 AC |
| Taille du bâtiment | 113 600 pi² |
| Occupation moyenne | 94% |
| Nombre d’étages | 5 |
| Année de construction | 2021 |
Commodités
Commodités des unités
- Climatisation
- Lave-vaisselle
- Micro-ondes
- Laveuse/Sécheuse
- Chauffage
- Planchers de tuiles
- Comptoirs de granit
- Planchers de bois franc
- Réfrigérateur
- Walk-in
- Tapis
Commodités du site
- Accès 24 heures
- Clubhouse
- Centre de conditionnement physique
- Installations de lessive
- Piscine
- Unités meublées disponibles
- Salles de jeux
- Ascenseur
- Lounge
- Entretien sur place
- Jumelage de colocataires
- Espace d'étude
- Baux individuels disponibles
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 50 | - | 419 - 617 |
| 2+1 | 14 | - | 459 |
| 2+2 | 23 | - | 466 - 532 |
| 4+4 | 43 | - | 341 |
| 5+4 | 9 | - | 320 |
Impôts fonciers
| Numéro de lot | R000030284 | Évaluation des bâtiments | 22 643 605 $ CAD |
| Évaluation du terrain | 1 735 891 $ CAD | Évaluation totale | 24 379 497 $ CAD |
Impôts fonciers
Numéro de lot
R000030284
Évaluation du terrain
1 735 891 $ CAD
Évaluation des bâtiments
22 643 605 $ CAD
Évaluation totale
24 379 497 $ CAD
1 de 73
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
