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BETHLEHEM, PA. — Salmanson Capital has acquired an off-campus student housing portfolio adjacent to Lehigh University in Bethlehem for $15.2 million. The company purchased the 50-building portfolio in an off-market transaction. The sale includes a mix of apartment buildings and townhouses totaling 108 units, with 394 beds, which are within blocks of campus. The seller was a local owner. The new owner plans to rebrand the buildings as Campus Hill Apartments and will begin a $2 million improvement plan to complete kitchen and bathroom renovations in all of the units.