Properties close to universities and colleges have the potential to earn huge returns on investment when they are converted into student housing accommodation. This real estate investment caters to college students who look for off-campus housing when they pursue their graduation and post-graduation courses away from home.
Nelson Partners- Generate consistent income
Nelson Partners in the USAis a credible name when it comes to student housing, real estate, and property management. This company is privately ownedand is based in San Clemente in California. It was founded by Patrick Nelson, who has 14 years of rich experience in the industry and focuses on college students who look for comfortable off-campus accommodation near colleges and universities.
Accommodation built keeping the needs of the student in mind
The experts here enter into collaborations with property owners to transform them into purpose-built student housing accommodation.They also acquire, develop, and manage properties focused on students and help owners attain their goals and overcome the challenges associated with student housing across the nation.
More space and freedom for students
Students no longer want to stay in cramped dorms while pursuing their academic graduation and post-graduation courses. They need an environment conducive to their academic goals. Again, several students are away from home for the first time, and parents are anxious about them. Student housing accommodations are safe, and they are close to the college and university campus.
Adds value to the property
They have dedicated areas for study, dining, entertainment, sports, and a common space for interacting with friends and family. Since they are near a college or a university, they are close to the major hubs in the city as well, like shopping centers, restaurants, transport depots, and more. This is why the value of the property appreciates with the passage of time. This is good news for property owners as in the future, if they wish to sell it, they get good returns on investment. The value of the property increases more if the college or the university has historical significance and is prestigious in the region.
No car parking space is needed
Most students cannot afford a car, and this is why private property owners can transform their structures into student housing units if they are near a college or a university. They can earn a stable income from the property, and even when some students leave the campus after completing their studies, a new set of students arrive, and they fill in your vacancies fast. In fact, there are no advertising costs involved in the process as students come to know about the existence of your property via word-of-mouth.
The professionals from Nelson Partners guide property owners at each and every phase of a student housing accommodation. This is why they are so credible in the USA today. Right from the design to the construction process, the team here is proactive, skilled, and professional when it comes to offering customized solutions to property owners interested in student housing real estate development in the USA.