• 100% leased & expect strong pre-leasing season for the 2023-24 school year
• Best Locations in the market
• Variety of unit mixes to cater to students, as well as commercial & office space
• Value add opportunity - potential to increase unit count on existing properties and make property improvements to increase value

Bloomington, IN Student Housing Portfolio

This student housing portfolio consist of 26 properties, 221 units, 362 beds, & 6 commercial spaces in Bloomington, IN. The portfolio assets offer the best locations in the Indiana University market, even better situated to campus compared to the purpose built student properties. IU enrollment grew roughly 6% in 2021 to over 45,000 studnets, and is expected to continue to grow steadily over the coming years, as the University is projecting enrollment to be just shy of 46,000 students by 2025.

This off-campus portfolio offers an excellent unit mix, allowing ownership to cater to multiple students’ prederred living arrangements. The entire market is fully leased for the 2022-23 school year and the marketplace as been successful in increasing rents, year-over-year.

For more information please contact Kenneth Wellar at ken@rittenhouserealty.com

Indiana University

Indiana University students get it all - the storybook experience of what college should be like, and the endless opportunities that come with it. Founded in 1820, Indiana University Bloomington is the flagship campus (over 45,000 students) of IU's seven campuses and two regional centers statewide. IU Bloomington is accredited by the Higher Learning Commission and is a member of the North Central Association.

The university is home to an extensive student life program, with more than 750 student organizations on campus and with around 17% of undergraduates joining the Greek system. Indiana athletic teams compete in Division I of the NCAA and are known as the Indiana Hoosiers.