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AUBURN, ALA. — Muinzer has acquired Samford Square, a 752-bed student housing community located near the Auburn University campus.
The property offers units in two-, three- and four-bedroom configurations, all of which were fully leased at the time of sale. Shared amenities at Samford Square include a resort-style swimming pool, cyber café, resident activity room, sand volleyball court, clubhouse, hammock garden, 24-hour gaming lounge and a tanning bed.
Peter Katz of Institutional Property Advisors (IPA), a division of Marcus & Millichap, brokered the transaction. The seller and terms of the deal were not disclosed.