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The Indiana State Student Portfolio is a three-property student housing offering totaling 391 beds located on the north side of Indiana State University. The portfolio includes University Village, HBP Townhomes, and LMC Townhomes, creating a diversified collection of apartment and townhome-style housing options that appeal to a wide range of student renters. Unit configurations span one- through four-bedroom layouts, allowing the assets to serve both individual residents and larger roommate groups.

Strategically positioned adjacent to campus, the properties benefit from convenient pedestrian access to university facilities, dining, and student life amenities. The portfolio’s clustered location also creates operational efficiencies and a strong competitive position within the local student housing market. With established occupancy history and immediate campus connectivity, the assets offer a compelling combination of scale, location, and long-term relevance.

Indiana State University is a respected public institution known for its commitment to academic excellence, experiential learning, and student success. The university offers a broad selection of undergraduate and graduate programs across disciplines, including business, education, health sciences, engineering, and the arts. Its role as a leading educational anchor in Terre Haute continues to support steady student demand and economic activity throughout the region.

Recent enrollment momentum further strengthens the university’s outlook, with the freshman class increasing by 13%. This growth reflects improving student interest and supports future housing demand near campus. As Indiana State continues to invest in student outcomes, campus life, and recruitment initiatives, the university remains well-positioned to sustain a stable and active resident base for nearby housing communities.

The Indiana State Student Portfolio offers investors the opportunity to acquire immediate scale through three complementary assets in a concentrated, campus-adjacent location. The combination of varied floor plans, townhome and apartment product types, and strong proximity to campus allows ownership to capture demand from multiple student renter profiles. In-place operations provide a stable foundation while offering numerous avenues for future performance enhancement.

New ownership can pursue NOI growth through operational efficiencies, refined expense management, targeted capital improvements, and optimized leasing strategies. Continued enrollment gains at Indiana State University may further support occupancy and rental rate growth over time. For investors seeking a foothold in an established Midwest university market, the portfolio offers both dependable current income and meaningful upside potential.