AUSTIN, TX - Campus Advantage, a leading student housing company, is expanding its footprint in the University of Missouri-Columbia student housing market with the acquisition of The Domain at Columbia.
The Domain at Columbia is a mile from the University of Missouri’s flagship campus and offers a private shuttle for residents to take back and forth to campus. The property is made up of eight, three-story, garden-style buildings containing a total of 228 units and 654 beds. The Domain features furnished one-, two- and four-bedroom flats, as well as four-bedroom townhomes with utilities included. The property is 100 percent occupied for the current academic year and even maintains a waitlist.
“The University of Missouri student housing market has tremendous potential to provide significant ROI because the university is seeing its enrollment continue to grow,” said Michael Orsak, senior vice president of investments for Campus Advantage. “The Domain is a new property, having just opened its doors this year, and offers students an unparalleled living experience that they simply can’t find at other student housing communities in the area.”
The Domain’s units feature private bathrooms, balconies, walk-in closets, flat-screen high-definition television with digital video recorder and Apple TV, wired and Wi-Fi Internet, full-size washers and dryers and nine-foot ceilings. They also include granite kitchen and bathroom countertops, stainless steel appliances, faux wood floors, track and pendant lighting and ceiling fans in every room.
The property’s amenities are considered among the best in the market and include a resort-style swimming pool, full-size volleyball court, outdoor kitchen with grilling stations, poolside hammock area, two competitive horseshoe pits and outdoor fire pit. The Domain also has an 11,600 square foot clubhouse with game room, state-of-the-art fitness center, full swing golf simulator, theatre room, business center, three private conference rooms, internet café, stand-up tanning booth and Wi-Fi access throughout the property.
The Domain is Campus Advantage’s second property in the University of Missouri-Columbia market. The company also owns Campus View Apartments. In total, Campus Advantage operates 52 student housing communities across 19 states with a total bed count of more than 27,000.
About Campus Advantage: Campus Advantage is an Austin-based real estate firm that offers student housing management, development, acquisition, and consulting services. The company works to create winning partnerships between colleges, universities, investors, developers and owners in an effort to help students achieve their academic and personal goals. For additional information, please visit www.campusadv.com