• Three-asset student housing portfolio totaling 391 beds on the north side of Indiana State University.
  • Includes University Village (149 units / 265 beds), HBP Townhomes (32 units / 90 beds), and LMC Townhomes (12 units / 36 beds).
  • Immediate campus adjacency with strong underlying demand drivers and top-tier location fundamentals.
  • Indiana State University has recorded a 13% increase in its freshman class, supporting near-term occupancy and lease-up stability.
  • Diverse one- through four-bedroom layouts with full amenity package including fitness center, 24-hour maintenance, in-unit and on-site laundry, utilities included, and pet-friendly living, with NOI upside from operational improvements and portfolio or individual asset sale flexibility.

Indiana State Portfolio

Triad Real Estate Partners is pleased to present the Indiana State Student Portfolio, a three-asset offering totaling 391 beds on the north side of Indiana State University. The portfolio includes University Village (149 units / 265 beds), HBP Townhomes (32 units / 90 beds), and LMC Townhomes (12 units / 36 beds), all benefiting from immediate campus adjacency and strong underlying demand.

Indiana State University has recently recorded a 13% increase in its freshman class, supporting near-term occupancy and reducing lease-up risk. The portfolio offers a diverse mix of one- through four-bedroom floor plans designed to meet broad student demand.

Amenities across the properties include a 24/7 fitness center, 24-hour maintenance, on-site and in-unit laundry, high-speed internet, water and sewer included, and pet-friendly living with private and shared bedroom options. NOI growth potential exists through operational efficiencies, improved management, and continued enrollment growth.

Indiana State University is a public institution located in Terre Haute, Indiana, serving approximately 8,000–10,000 students across undergraduate and graduate programs. The university offers a broad range of academic disciplines through its colleges of arts and sciences, business, education, technology, and health sciences, with an emphasis on career readiness, applied learning, and community engagement.

The campus benefits from a structured, walkable layout with key academic and residential facilities closely integrated, supporting a traditional collegiate environment. Indiana State has also demonstrated recent enrollment momentum, including a 13% increase in its freshman class, reflecting improving demand dynamics and strengthening the long-term student housing outlook in the surrounding market.

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Indiana State Portfolio

Terre Haute, IN

Beds  |  391

Square Ft.  |  177,317

Site  |  10.4 AC

Year Built  |  1994-2014


BROKER CONTACT
BRENT SILCOX
C: 317.414.4106
bsilcox@triadrepartners.com