University Edge Akron, OH

Investment Highlights

• 98% Leased for the 2026/27 Academic Year
• Premier Walkability with Immediate Proximity to Campus
• Attractive In-Place Yield, with Upside to be Captured
• 18,000+ Square Feet of Ground-Floor Retail with Growth Opportunity
• Real Estate Tax Reduction Plan
• Rent Growth Has Delivered While Concessions Are Minimized
• Institutional-Quality Asset with Market-Leading Amenities
• Scarcity Premium — the Last Purpose-Built Student Only Community Serving the University Of Akron
• University Enrollment Growth Under New Leadership
• Downtown Revitalization — An Improving College Town

98% Leased for 2026/27 Academic Year

University Edge holds 578 of 599 beds under completed, countersigned leases for the 2026/27 academic year - 98% leased and 96% occupied - versus approximately 86% occupied during the prior leasing season, an improvement of 10 percentage points from the previous academic year. This shift in occupancy reflects the impact of a new management firm, Peak, increased demand due to expanded enrollment, and continued movement away from student housing by several local competitors in recent years. University Edge is now the only remaining purpose-built, 100% student property servicing the University of Akron.

Premier Walkability with Immediate Proximity to Campus

Positioned directly across the street from the University of Akron, University Edge is geographically proximate to the university’s largest academic buildings, athletic facilities, and student community buildings. The College of Engineering (0.18 miles), Student Recreation and Wellness Center (0.2 miles), School of Nursing (0.2 miles), College of Business (0.4 miles), and InfoCision Football Stadium (0.2 miles) are all walkable in under 10 minutes.

Attractive In-Place Yield, with Upside to be Captured

University Edge is priced at a low 8% cap rate on Academic Year 2026/27 income, producing a low double digit cash-on-cash return return upon acquisition. That return is in place without further retail lease-up, the identified real estate tax reduction, or any normalization of ancillary income.

Amenities