realestate

Miami University Student Housing Property Changes Ownership

JLL Arranges Sale of 216-Unit Student Housing Community in Oxford, Ohio.

J
LL Capital Markets has arranged the sale of Level 27, a 216-unit student housing community serving Miami University in Oxford, Ohio. The property, located at 3770 Southpointe Pkwy., offers an ideal location for students with its mix of three- and four-bedroom units averaging 1,603 square feet. Amenities include a fitness center, private movie theater, gaming lounge, outdoor sports courts, and modern clubhouse.

    The JLL Capital Markets team representing the seller was led by Managing Directors Teddy Leatherman and Scott Clifton, Director Kevin Kazlow, Associate Jack Goldberger, and Senior Analyst Grace Picchiotti. Notably, both Clifton and Goldberger are Miami University alumni, bringing personal insight to the transaction.

    "Level 27 presents a compelling opportunity in the growing student housing market at Miami University," said Clifton. "The property's flexible unit mix and proven demand for creative leasing structures offer significant upside potential for the new owner."

    Miami University has experienced steady growth, with Fall 2024 enrollment reaching 18,838 students, a 1.2% increase over the previous year. The university's reputation as a "Public Ivy" and its recent academic excellence and value rankings contribute to its strong appeal.

Miami University student housing property sold, new ownership takes over campus facilities.