Houston, Texas — Arrimus Capital has acquired Campus Vue, a 465-bed student housing community located near the University of Houston, for an undisclosed amount.
The property was acquired from Fountain Residential Partners. The community consists of two five-story buildings, with 145 fully furnished units. Shared amenities include a game room, fifth-floor outdoor deck, study lounges, conference rooms, a resort-style pool and courtyard area. The property was 96 percent occupied at the time of sale. Jaclyn Fitts and Casey Schaefer of CBRE represented the buyer and seller in the transaction.