Brook Place Apartments is a 148 unit, 532-bed purpose-built student housing community located approximately 1 mile from Sam Houston State University in Huntsville, TX. Property features include a resort-style pool, full basketball court, volleyball court, fitness center, outdoor gathering areas, clubhouse/game room, and wireless internet throughout the property.
Sam Houston State University is the 3rd oldest University in Texas with a current enrollment of almost 20,000. Growth projections are causing an increasing demand for student assets, and there is currently no additional off-campus housing in the development pipeline.
ApexOne Growth and Income Fund I purchased Brook Place and will hold long-term to capture growth and appreciation.