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Campus Apartments Snags 600-Bed JMU Student Housing Community in Virginia

National student housing owner and operator Campus Apartments LLC has acquired Aspen Heights Harrisonburg, a 600-bed cottage-style student housing community located nearby James Madison University in Harrisonburg, VA. The sales price was not disclosed.

The community consists of a mix of two-, three-, four- and five-bedroom units. Amenities include a 24-hour fitness center, computer lab, study lab, study lounge, tanning bed, campus shuttle, volleyball court and pool.

Campus Apartments plans to rebrand the property and implement a value-add plan that will consist of enhancements to the clubhouse and exterior areas of the property. CBRE brokered the sale of the community on behalf of seller, Aspen Heights.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.