If you are considering investing in student housing, you are indeed taking a wise step. It is a booming trend today in the real estate industry, not only in the USA but across the world. The reasons are obvious- education is still in demand, and more students are looking for off-campus accommodation that is better than dorms every year. Moreover, student housing is very affordable for students, and the terms and the conditions of the rental agreement are not the same as the conventional tenant agreement. They are more flexible and convenient for the student, and this is why these properties are popular in the real estate market today.
Nelson Partners is an esteemed and widely reputed name in the real estate industry in the USA. It is a student housing real estate developer and property management company with its headquarters at San Clemente in California. It focuses on the acquisition, development, and management of student housing properties that are located close to some of the best colleges and universities in the USA.
According to the team of professional and skilled experts here, student housing is booming, and if you own a property next to or even close to a college or university campus, you will reap consistent income from it. Moreover, the value of these properties appreciates over time as they are generally close to the major spots of the city or town. Students look for such accommodation as they want to stay close to their college or university to save time and money.
Helping owners with student housing units
The company was established in 2018 by Patrick Nelson, who is a skilled professional in the real estate market with experience of more than 14 years. It is a privately owned company and manages assets worth over $400 million in the USA. It recently has new offerings close to Western Washington University and the University of Northern Colorado.
Focus on college students
As the name suggests, student housing has a primary focus on college students, which is why the company takes the onus of entering into partnerships or collaborations with property owners. You will find most of these properties are located close to a college or a university across the USA. The goal of the company is to assist owners with property management and offer them customized solutions when it comes to the challenges, they face with such properties successfully.
No tensions during economic downturns
The best thing about student housing real estate investment is that it is resilient to economic downturns and recession unlike the other forms of real estate properties. This is good news for property owners who want to earn a stable income from their units.
The value of the property increases after two to three years, and later down the line, if the property owner wishes to sell the unit, the profits will be huge. In short, real estate investment for student housing is a wise and prudent investment for the future, as seen with Nelson Partners.