Stonebridge Property Group Acquires 404-Unit Student Housing Community Near Texas A&M University

The property involved in the transaction is a student housing community located at 905 Colgate Drive in College Station, featuring a total of 404 units and 1,006 beds. It is conveniently situated near Texas A&M University and offers a diverse amenity package, which includes two swimming pools, a fitness center, study rooms, tennis and basketball courts, as well as a sand volleyball court.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: Not disclosed
• Address: 905 Colgate Drive
• Market: College Station
• Beds: 1,006
• Buyer: Stonebridge Property Group
• Seller's Representative: Mitch Holt & Jeyton McNair - McNair Collegiate Partners

McNair Collegiate Partners facilitated the successful transaction and represented the undisclosed seller. The buyer, Stonebridge Property Group, has plans to enhance both the units and amenities to improve the resident experience in this student housing community.