51˛čšÝ Purchases Traditions Apartment Complex
Posted on December 20, 2024
Due to increased undergraduate enrollment over the past two years and substantial interest in housing from continuing students and incoming freshmen for fall 2025, the 51˛čšÝ has purchased the Traditions apartment complex at 6201 Old Shell Road. The total purchase price for the complex and land â conveniently located across the street from the Universityâs recreation center and baseball facility â is $20.2 million.
âItâs an exciting time at the 51˛čšÝ as more students are choosing
51˛čšÝ for their education, and we want to accommodate as many of them as possible
in University-owned housing,â said USA President Jo Bonner. âA record number of students
are living on campus to take advantage of everything we offer them, and this latest
addition to USA Housing will provide more opportunities to
enjoy life on a college campus.â
Traditions is a 156-unit complex with 560 beds that was constructed in 2013 on six acres of land at the intersection of Old Shell Road and Jaguar Boulevard. Current residents were notified of the sale today by Ascent Management, which has been overseeing operations of the complex. Ascent has been retained in a transition management role supporting the new ownership over the coming months.
Currently, USA Housing manages 33 residence halls in seven residential communities. Students choose to live on campus because it makes life convenient, is a great way to meet people and improves their college experience.
