The Forum at Sam Houston

Huntsville, TX

Midloch Investment Partners invested in a joint venture which purchased The Forum at Sam Houston, a 294-unit Class A purpose-built student housing community located in Downtown Huntsville, TX

2010

294

800 SF


Investment Highlights

 

3019 Sam Houston Ave. 

HUNTSVILLE, TX 77340 

Midloch recently invested in a joint venture which
purchased The Forum at Sam Houston, a 294-unit Class A purpose-built student housing community
located in Downtown Huntsville, TX, one hour north of Houston and 0.4 miles from Sam Houston State
University (SHSU).

 

Midloch acquired The Forum, a Class A purpose-built student housing community serving SHSU, alongside CrestMarc, an experienced Texas operator. The price was $26.5 million ($90,136/unit), a 9.0% cap rate. That is about a 26% discount to the seller's $35.7 million basis and less than half of replacement cost. The property was ~91% occupied in 2025–26, and NOI grew from $2.19 million in 2023 to $2.40 million in 2025. Record enrollment, no new supply in the pipeline and a unit mix that complements nearby comps leave room to grow occupancy and rents.

 

CONTACT

Tim Donovan

414.795.5849
tim@midloch.com

CONTACT

Gabriella Garcia

312.625.7162
gabriella@midloch.com