• Two student housing properties less than a 10-minute walk from Missouri State University
• Located less than 1 mile from Downtown Springfield
• Well-maintained and well-located assets with the ability to draw from a student population of more than 24,000
• Potential to drive rents closer to market-leading properties with stronger amenity sets

eStreet Apartments & Walnut Shade

The eStreet and Walnut Shade Apartments offer a total of 36 beds for student housing. These apartments, built in 1969 and 1987, consist of two-bedroom, one-bathroom units with modern finishes. Conveniently located blocks away from Missouri State University and a mile from downtown, the properties underwent interior renovations two years ago, along with some exterior updates. With the potential to attract tenants from four universities and young professionals seeking proximity to downtown, these properties are free and clear of existing financing, presenting an excellent opportunity for a new owner.

Missouri State University

Springfield is home to a thriving higher education system, with eleven universities including Missouri State University, Drury University, and Evangel University. Springfield is also home to Ozark Technical College which provides students with an attractive transfer program into Missouri State University. Founded in 1905, Missouri State University (MSU) is located in Springfield, Missouri and is the state’s second largest campus by enrollment. Since 2008, MSU’s enrollment has increased more than 20% from 19,925 to more than 24,000 students. Missouri State’s student athletes are known as the Bears, and they compete in the NCAA Division I and are members of the Missouri Valley Conference - the 2nd oldest collegiate athletic conference in the United States.