{"id":2493,"date":"2015-01-01T20:59:41","date_gmt":"2015-01-02T01:59:41","guid":{"rendered":"http:\/\/rentpost.com\/blog\/?p=2493"},"modified":"2015-01-01T20:59:41","modified_gmt":"2015-01-02T01:59:41","slug":"college-property-markets-rocked-2014","status":"publish","type":"post","link":"https:\/\/rentpost.com\/blog\/realestate-news\/college-property-markets-rocked-2014\/","title":{"rendered":"College Property Markets That Rocked in 2014"},"content":{"rendered":"<p>RealtyTrac&#8217;s Q2, 2014 Residential Property Rental Report, had some interesting things to say about what markets rocked and what markets just sunk like rocks. A look at the report shows that the second quarter just wasn\u2019t as great as the same time last year: the average annual return for 2014 was about 9.9% compared to the 10.60% of 2013.<\/p>\n<p>While the report gives us a great look at all areas of rental property investments, from the boomers to the millennials, we\u2019re going to go into one area in particular: college rental markets.<\/p>\n<p>So, which college rental markets did the best in 2014? Glad you asked. Here are our top ten college markets of the year. I don&#8217;t know about anyone else, but I will always read these &#8220;top ten&#8221; lists (And any other top (Insert number) lists) in Casey Kasem&#8217;s voice. Now you will, too.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2494\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/SpartanSportsLogo.png\" alt=\"SpartanSportsLogo\" width=\"200\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/SpartanSportsLogo.png 525w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/SpartanSportsLogo-150x150.png 150w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/SpartanSportsLogo-300x300.png 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/SpartanSportsLogo-320x320.png 320w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><strong>10. Tampa, Florida<\/strong><\/p>\n<p>University of Tampa, Hillsborough Community College, and The University of South Florida are all located within the city that boasted over $35 million in sales all in the student housing niche. There is a reason for this: Florida just rocked the investment world with their student housing market this past year.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2495\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/university-of-dallas.jpg\" alt=\"university of dallas\" width=\"221\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/university-of-dallas.jpg 720w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/university-of-dallas-300x272.jpg 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/university-of-dallas-580x526.jpg 580w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/university-of-dallas-320x290.jpg 320w\" sizes=\"auto, (max-width: 221px) 100vw, 221px\" \/><strong>9. Dallas, Texas<\/strong><\/p>\n<p>Dallas has always had quite a reputation for interesting markets, but in 2014, the town that hosts Texas Women\u2019s University, University of North Texas, The Southern Methodist University and The University of Dallas had $38 million in sales for student housing.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2497\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights.jpg\" alt=\"central_florida_golden_knights\" width=\"267\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights.jpg 1365w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights-300x225.jpg 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights-768x576.jpg 768w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights-1024x768.jpg 1024w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights-720x540.jpg 720w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights-580x435.jpg 580w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/central_florida_golden_knights-320x240.jpg 320w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\" \/><\/p>\n<p><strong>\u00a08. Orlando, Florida<\/strong><\/p>\n<p>Yet another Florida market makes the list. Though better known for a vacation hotspot, Orlando also has quite a few fantastic schools. Valencia College, University of Central Florida, Seminole State College, Florida Institute of Technology, the Barry University School of Law, Adventist University of Health Sciences, and the University of Florida are all located here and their student population is why this market could lay claim to over $39 million in sales.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2501\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/drexel.jpeg\" alt=\"drexel\" width=\"200\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/drexel.jpeg 400w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/drexel-150x150.jpeg 150w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/drexel-300x300.jpeg 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/drexel-320x320.jpeg 320w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n<p><strong>7. Sacramento, California<\/strong><\/p>\n<p>This city has quite a few schools including University of Southern California, University of San Francisco, Alliant International University, and Drexel. Located in a wonderful location to begin with, and dotted with campuses is why Sacramento had over $47 million in sales for the year 2014.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2496\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/Orlando.jpg\" alt=\"gainesville\" width=\"267\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando.jpg 1365w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando-300x225.jpg 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando-768x576.jpg 768w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando-1024x768.jpg 1024w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando-720x540.jpg 720w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando-580x435.jpg 580w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Orlando-320x240.jpg 320w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\" \/><strong>6. Gainesville, Florida<\/strong><\/p>\n<p>Oh, look, another Florida student housing market- this one boasting $49 million sales. The city is where Sante Fe College, City College, and the University of Florida- one of the nation\u2019s biggest campuses are located.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2499\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/penn.gif\" alt=\"penn\" width=\"223\" height=\"200\" \/><strong>5. Philadelphia, Pennsylvania<\/strong><\/p>\n<p>Another one of the nation\u2019s learning meccas, this city not only held 5th place with $59 million student rental housing sales but hosts more than a dozen colleges and universities. Drexel has another campus here, Temple, St. Joseph\u2019s, University of Pennsylvania, and the Pennsylvania Academy of Fine Arts are all campuses located here.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2500\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/7034_georgia_tech_yellow_jackets-alternate-1991.png\" alt=\"7034_georgia_tech_yellow_jackets-alternate-1991\" width=\"243\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/7034_georgia_tech_yellow_jackets-alternate-1991.png 760w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/7034_georgia_tech_yellow_jackets-alternate-1991-300x247.png 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/7034_georgia_tech_yellow_jackets-alternate-1991-720x593.png 720w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/7034_georgia_tech_yellow_jackets-alternate-1991-580x478.png 580w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/7034_georgia_tech_yellow_jackets-alternate-1991-320x264.png 320w\" sizes=\"auto, (max-width: 243px) 100vw, 243px\" \/><strong>4. Atlanta<\/strong><\/p>\n<p>There are very few people in real estate who are shocked to learn that the Atlanta metro area not only made the list, but is in the top 5. This is because the Peachtree City can boast well over 30 universities and colleges. So, how\u2019d they do this year? Only about $61 million. Not too bad!<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2498\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/usc_trojans5.jpg\" alt=\"usc_trojans5\" width=\"267\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5.jpg 1365w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5-300x225.jpg 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5-768x576.jpg 768w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5-1024x768.jpg 1024w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5-720x540.jpg 720w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5-580x435.jpg 580w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/usc_trojans5-320x240.jpg 320w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\" \/><strong>3. Central California<\/strong><\/p>\n<p>Now some may call this cheating, it\u2019s not exactly a city, but it is a market. This area has actually experienced a tremendous amount of growth in the last decade and much of this was due to Cal State and the University of California, Merced hosting campuses here. This market boasts quite a few colleges, and as a result it also takes 3rd place with $66 million in sales.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2502\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/large_texas-longhorns-4-logo.jpg\" alt=\"large_texas-longhorns-4-logo\" width=\"267\" height=\"200\" srcset=\"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/large_texas-longhorns-4-logo.jpg 640w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/large_texas-longhorns-4-logo-300x225.jpg 300w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/large_texas-longhorns-4-logo-580x435.jpg 580w, https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/large_texas-longhorns-4-logo-320x240.jpg 320w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\" \/><strong>2. Austin, Texas<\/strong><\/p>\n<p>Austin not only has a vast college population, but it\u2019s also an artists\u2019 mecca. With schools like University of Texas at Austin, The Art Institute of Austin, and Concordia, it\u2019s very little wonder, but the city has many other campuses. It took number 2, with over $153 million in sales.<\/p>\n<p>As a significant side note for potential investors in this market: that growth is just not slowing down, nor is the entire state of Texas college properties\u2019 market. There are several student housing properties that have begun development with more to come. Five new ones began construction and 9 more are being planned.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2503\" src=\"https:\/\/s3.amazonaws.com\/assets.blog.rentpost.com\/wp-content\/uploads\/2014\/12\/FAMU-Logo-101.gif\" alt=\"FAMU-Logo-101\" width=\"218\" height=\"200\" \/><strong>1. Tallahassee, Florida<\/strong><\/p>\n<p>If it hasn\u2019t already become obvious, the Florida market is booming on the whole. None more so than Tallahassee, which comes in at number one with just under $173 million in sales. Boasting many institutions of higher learning, Tallahassee is widely seen as THE college town. Florida State University and Florida A&amp;M are the two biggest.<br \/>\nOn the whole, the student rental housing market is still thriving. Have you been\u00a0looking into investing in college property markets?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RealtyTrac&#8217;s Q2, 2014 Residential Property Rental Report, had some interesting things to say about what markets rocked and what markets just sunk like rocks. A look at the report shows that the second quarter just wasn\u2019t as great as the same time last year: the average annual return for 2014 was about 9.9% compared to [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":2504,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[5],"tags":[152,924,1058],"class_list":["post-2493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-realestate-news","tag-college-students","tag-rental-markets","tag-student-housing"],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/rentpost.com\/blog\/wp-content\/uploads\/2014\/12\/Casey.jpg","jetpack_shortlink":"https:\/\/wp.me\/p4cqZp-Ed","_links":{"self":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts\/2493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/comments?post=2493"}],"version-history":[{"count":0,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts\/2493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/media\/2504"}],"wp:attachment":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/media?parent=2493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/categories?post=2493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/tags?post=2493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}