Harrison Street acquires 656-bed student housing building at University of Arkansas
Harrison Street has acquired The Vue, a 180-unit, 656-bed student housing building at the University of Arkansas.
The transaction further expands Harrison Street’s extensive relationship and portfolio with The Michaels Organization (TMO), which developed The Vue in 2013 and will continue to manage and operate the property.
With a premiere location south of the university near retail, dining and nightlife options, The Vue offers students the largest floorplans on the market, with a mix of two-bedroom flats, four-bedroom flats and four-bedroom townhomes with full bed-bath parity. All units are fully furnished and offer amenities including a community pool, study rooms, pet park, hot tub, fire pit, grills, tanning bed, computer lab, volleyball court, fitness center, study lounge and private shuttle to/from campus. The Vue has averaged 96 percent occupancy over the last five years and is currently 100 Percent occupied. The property is well situated to address the growing