Purpose-Built Student Housing Apartment
237 W Peach St Martin, TN 38237
For Sale
Contact for pricing
Pending
96-unit student housing property adjacent to the University of Tennessee at Martin, renovated in 2015 with amenities.
Days on Market106
Property Features for 237 W Peach St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Triad Real Estate Partners
Listed By:
Sean Lyons · License #IL 475145639
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 8:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triad Real Estate Partners
Investment Insights
Based on property information with market context.
The Station at Martin is a 96-unit apartment community designed for student living, configured as 4-bedroom/4-bath apartments totaling 384 beds. Public remarks indicate the property completed a light renovation in 2015 and features a full suite of amenities. According to the provided information, occupancy for the 2017–18 period is 89% pre-leased, with projected occupancy in the 88%–90% range.
The property is located adjacent to the University of Tennessee at Martin and is described as the only purpose-built student housing serving the school. Public remarks also note limited market competition, even amid depressed enrollment.
Management is handled by a third-party national firm with full payroll and marketing, per the provided information. The seller’s remarks further state there is little to no deferred maintenance and that unit tiers are designed to offer a range of options for different budgets.
The property is located adjacent to the University of Tennessee at Martin and is described as the only purpose-built student housing serving the school. Public remarks also note limited market competition, even amid depressed enrollment.
Management is handled by a third-party national firm with full payroll and marketing, per the provided information. The seller’s remarks further state there is little to no deferred maintenance and that unit tiers are designed to offer a range of options for different budgets.
Key Highlights
- 96‑unit student housing community with 4 bed/4 bath apartment layouts totaling 384 beds
- Located adjacent to the University of Tennessee at Martin and serves as the only purpose‑built student housing for the school
- Light renovation completed in 2015
Property Analytics
Location Intelligence
Current Use by Public Records
Morada do Rifen
Apartment Building
The Nest
Property Management Company
FAQs
What type of property is this?
Apartment building - 96-unit student housing property adjacent to the University of Tennessee at Martin, renovated in 2015 with amenities.
Where is this apartment building located?
The property is located at 237 W Peach St Martin, TN.
What are key features of this property?
This property features: 96‑unit student housing community with 4 bed/4 bath apartment layouts totaling 384 beds; Located adjacent to the University of Tennessee at Martin and serves as the only purpose‑built student housing for the school; Light renovation completed in 2015
