Champion Real Estate Company has acquired a portfolio of six student housing communities encompassing 292 units and 524 beds near Michigan State University in East Lansing, Michigan, for $42.26 million.
The communities are located at 635 Abbot Road, 129 Burcham Drive and 731-787 Burcham Drive.
This is the first acquisition for Champion Real Estate Company in Michigan but fourth student housing community purchase in 2021. Champion MSU, a subsidiary of Champion, will begin immediately on a complete rebrand and gut renovation of the student housing communities.
Stewart Hayes of JLL represented Champion Real Estate Company as well as the sellers.
Within a half-mile from campus, the Victory at Syracuse properties provide residents ultimate convenience by being within walking distance to Marshall St and all of SU’s primary facilities. Visit Syracuse Off Campus Student Housing
The ultimate in university living the Victory at MSU properties provide residents ultimate convenience by being within walking distance to East Lansing’s entertainment district between Albert and Grand River Avenue and all of MSU’s primary facilities. Visit MSU Off Campus Student Housing
The pinnacle of university living, Victory Student Housing is transforming the heart of Southern California with its elevated boutique residences. Bike or walk home after your class, take a tour of the Natural History Museum of Los Angeles, watch game at the Los Angeles Memorial Coliseum or take a short trip into downtown for some retail shopping. Visit USC Off Campus Student Housing