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Student Housing Activity Continues to Tick Up in West Virginia

MORGANTOWN, WV— The 992-bed West Run Apartments has traded to two companies partnering on the acquisition.

By Erika Morphy | Updated on April 09, 2014

MORGANTOWN, WV—Morgantown is home to West Virginia University, which makes this small city a university town-and, lately, an attractive destination for student housing developers and owners. The newest companies to enter this market is Columbus, OH-based Peak Property Group and Glen Mills, PA-based Roch Capital, which have partnered to buy the 992-bed West Run Apartments here. The price is undisclosed and not recorded yet.

The complex is the largest off-campus student housing facility, according to the buyers, which plan to upgrade the property over the next several years. The 332-unit complex consists of 23 three-story buildings.

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