One of the best income-generating real estate asset classes today in the nation is student housing. To start earning every month, one just needs to have a property close to the university or college campus. The best part of student housing is that you still get regular income even during times of economic downturn and recession. Education is always in demand, and parents will send their children to college for graduate and post-graduate degrees. Compared to the other forms of real estate investment, you never see slump periods for student housing. This is why it is gradually becoming popular in the USA and the whole world.
Nelson Partners – An esteemed specialist in the student housing real estate community in the USA
Nelson Partners is a credible name in the USA when it comes to student housing and property management. Founded in 2018 by Patrick Nelson, who has 14 years of valuable experience in the industry, this privately owned company helps property owners to convert their units into attractive student housing facilities for college students.
To date, the company has managed more than $400 million in assets with two new offerings that are close to the Western Washington University and the University of Colorado in the USA. In fact, some of the most widely-sought after properties under this company are close to some of the best colleges and universities in the nation. The team of proactive and qualified real estate professionals offers personalized services to their clients after understanding their unique goals. They are experts in the field of property management and help their clients overcome some of the primary challenges that student housing units face with ease.
Long term partnerships for stable income and property appreciation with time
This highly esteemed company also enters into long-term collaborations with properties owners to add value to them in the long term. The team of experts here focuses on student communities so that their individual needs are met successfully.
There is a high surge in the number of students coming into America from other nations for undergraduate and post-graduate studies in the modern era. Local students also look for college and university accommodation close to college campuses, preferably within walking distance.
No matter the economic situation, parents will always encourage their children to take up a college degree for their careers in the future. This means student housing will stay for a long time compared to its peers. One can take the example of the recent pandemic where everything had to be shut down due to the risks of contamination with the coronavirus. However, education persisted with online classes, and students remained indoors, completing their courses successfully.
If one has a property near a college or university, investing in student housing with Nelson Partners is indeed a prudent decision. The property will generate consistent income for a long time, and the occupancy of the property will never fall to zero no matter how serious the economic downturn is. Education will continue, and students will take admissions in colleges and universities.