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West Virginia Student Apartment's Road to Stabilization

MORGANTOWN, WV—Colliers International brokered the sale of West Run apartments, which is the largest off-campus trade for this market.

By Erika Morphy | Updated on April 11, 2014

MORGANTOWN, WV—We reported earlier this week that West Run apartments, an off-campus student housing building here, traded at an at undisclosed price. Colliers International Student Housing group has now announced it closed the sale of the 322-unit, 994-bed facility and it traded $32 million. Colliers International’s Travis Prince and Dorothy Jackman handled the transaction.

Peak Property Group from Columbus, Ohio purchased the property, located at 500 Koehler Dr., from Bridge Partners, a real estate private equity investment firm headquartered near San Francisco, Calif.

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