San Marcos, Texas — Campus Advantage has been awarded management of The Edge and The Lodge, two student housing communities located near Texas State University in San Marcos.
The properties total 1,249 beds and include a mix of one-, two-, three- and four bedroom units. Shared amenities at both communities include a resort-style pool, 24-hour fitness center, basketball court, volleyball court, internet café, dog park and a gaming room. Additionally, The Lodge features an onsite nail and hair salon. 29th Street Capital acquired the properties this month for an undisclosed price. The company will invest $4 million to improve both properties. Interior renovations will include new granite countertops, faux-wood flooring, new plumbing fixtures, updated lighting and stainless steel appliances. Exterior improvements will include renovated clubhouses, pool areas, fitness centers, study rooms and computer facilities.