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