Opportunity

• Limited Market Competition

  The Flats on University is one of only two purpose-built student housing assets in the market. With a total purpose-built inventory of 1,618 beds, there is limited direct competition for the property. On-campus housing at GMU accommodates only 5,970 students, leaving more than 33,000 students (or prospective residents) in need of off-campus housing.

• Top-Tier University

  George Mason University is the largest public university in Virginia, with 39,763 students enrolled. The university boasts high-quality Division I athletics, representing 13 sports and 20 teams, and is a preeminent R1 research institution with $230 million in research funding focused on sustainability, healthcare innovation, athletic rehabilitation, and responsible AI.

• Consistently Growing Enrollment

  GMU has consistently demonstrated positive enrollment growth, increasing the student population by 5% since 2019. In fall 2024, the university welcomed another record-setting freshman class, with nearly 4,500 students.

• Optimized Location

  The Flats on University is proximate to GMU’s campus and 35 minutes from Washington, D.C. This well-connected location offers students access to on-campus amenities as well as employment and internship opportunities in the nation’s capital. Built in 2022, the property offers an appealing unit mix and the most attractive amenities in the market.

• Demonstrated Job Pipeline:

  Located in the heart of Fairfax, The Flats on University benefits from the area’s robust tech and computer science job markets. Fairfax County is expected to add more than 130,000 new tech jobs over the next five years, creating ample opportunities for GMU students entering the workforce.

Location