• 70-bed student housing with efficient studio floor plans
• Located directly across from Missouri State University
• Record University enrollement of 25,000 students for 2024-25
• Short walk to downtown Springfield, Missouri
• Current shortage of new housing supply presents an opportunity
• Competitive pressure from new developments indicates revenue growth potential
• Tax abatement available through 2033 enhances investment appeal

Boomer Town Studios

Boomer Town Studios is a 70-bed student housing property that offers a variety of efficient studio floor plans. Conveniently located directly across the street from the campus, it features a coffee shop within the building, adding to its appeal.

Missouri State University has achieved record enrollment, surpassing 25,000 students for the 2024-2025 academic year, and is just a short walk from Downtown Springfield, Missouri. This flourishing enrollment presents a compelling opportunity for Boomer Town Studios, particularly given the current shortage of new housing supply in the area.

With competitive pressure from new developments indicating a clear pathway for revenue growth, the potential for success is significant. Additionally, the enhanced yield is bolstered by a tax abatement that will remain in effect through 2033, making this an attractive investment in a thriving market.

Missouri State University

Springfield is home to a vibrant higher education system, including Missouri State University, Drury University, and Evangel University, along with Ozark Technical College, which offers an attractive transfer program to Missouri State. The university has achieved record enrollment, exceeding 25,000 students for the 2024-2025 academic year, and is conveniently located near Downtown Springfield. This growth presents a great opportunity for Boomer Town Studios, especially given the current housing shortage in the area.

Founded in 1905, Missouri State University (MSU) is the second-largest campus by enrollment in the state, having seen a more than 25% increase since 2008. Its College of Business is the largest in Missouri and one of the largest in the Midwest, with all programs accredited by the AACSB, a status held by only 10% of business colleges. MSU’s student-athletes, known as the Bears, compete at the NCAA Division I level in the Missouri Valley Conference, the second-oldest collegiate athletic conference in the U.S. The university's main indoor athletics facility, Great Southern Bank Arena, can seat 11,000 fans and was recently renamed following a $5.5 million gift, securing permanent naming rights for this venue that opened in 2008.