
1744 N Westwood Ave, Toledo, OH 43607
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Premier Asset Within a High-Performing Student Housing Market
Olde Towne University Square stands out among Toledo properties, with strong historical occupancy rates and proximity to campus, in a market with stable conditions and investment upside. This reflects very strong demand near the University of Toledo, where more than 82% of students require off-campus housing
Resilient Operational Performance
Olde Towne University Square maintained stable occupancy in line with the Toledo market over the past three years, supported by regional preleasing momentum and limited new supply. Local supply-demand balance remains favorable, with no new student housing beds delivering in the market, providing significant insulation against volatility.
Consistent Enrollment Foundation and University Growth Initiatives
Despite historical declines, University of Toledo’s enrollment has stabilized around 14,290 students for fall 2025 and is subject to renewed strategic efforts to strengthen student recruitment and retention. The university’s ongoing Strategic Enrollment Plan prioritizes residential experience and academic quality, supporting a stable pool of renters and ensuring long-term viability for off-campus housing operators.
Well-Amenitized, Modern Student Housing Experience with Potential Upside
Olde Towne University Square offers a comprehensive suite of amenities and unit types tailored to student preferences, including private bedrooms and bathrooms, 24-hour academic centers, fitness facilities, and leisure spaces. In addition, value-add potential exists through flooring upgrades throughout the property, which are projected to support a $20 per-bed rent premium. This full-service approach consistently drives strong demand as reflected in high occupancy and healthy rents concurrent with market trends.
Positive Regional and Economic Tailwinds
The University of Toledo contributes an estimated $2.8 billion in annual regional economic impact, supporting continued growth in the area’s experiential learning, healthcare, and innovation sectors. These strengths help anchor housing demand and support future rental growth market-wide.

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Office
CLEVELAND OFFICE
27 Public Square
#1440
Cleveland, OH 44114
DETROIT OFFICE
260 East Brown Street
Suite 150
Birmingham, MI 48009
TAMPA OFFICE
4890 W. Kennedy Boulevard
Suite 940
Tampa, FL 33609
CHICAGO OFFICE
125 South Wacker Drive, Ste 400
Chicago, IL 60606
ATLANTA OFFICE
Three Alliance Center
3550 Lenox Road
Suite 2600
Atlanta, GA 30326
PHILADELPHIA OFFICE
Three Logan Square
1717 Arch Street
Suite 1410
Philadelphia PA 19103
Student Housing Investment Sales
KEVIN LARIMER
Senior Managing Director
248.341.3305
[email protected]
MI DRE 6501259415
TRAVIS PRINCE
Senior Managing Director
813.739.0993
[email protected]
FL DRE BK3113158
SHAWN LUBIC
Director
215.882.3453
[email protected]
PA DRE RS291713
VICTORIA MARKS
Director
813.424.3215
[email protected]
FL DRE SL3237085
Multifamily Investment Sales
JASON KRUG
Senior Managing Director
248.943.6556
[email protected]
MI DRE 6501336969
KEVIN DILLON
Senior Managing Director
248.933.9807
[email protected]
MI DRE 6501222578
RICK VIDRIO
Managing Director
248.341.3325
[email protected]
OH #REC.2013002196
Mortgage Banking
AARON MOLL
Managing Director
248.208.0529
[email protected]
STEVE SKOK
Managing Director
312.845.5164
[email protected]
PETER BENEDETTO
Senior Managing Director
248.208.3462
[email protected]
TREVOR FRIDAY
Director
248.341.3307
[email protected]

1744 N Westwood Ave, Toledo, OH 43607
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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