CHICAGO– JLL Capital Markets announced that it has arranged the sale of Level 27, a 216-unit, 756-bed student housing community serving Miami University in Oxford, Ohio.
JLL worked on behalf of the seller.
Level 27, located at 3770 Southpointe Pkwy., offers a prime location for students attending Miami University. Built in 2006, the property features a mix of three- and four-bedroom units, with an average unit size of 1,603 square feet. The community boasts a range of amenities including a full-size fitness center, private movie theater, gaming lounge, outdoor sports courts and modern clubhouse with study rooms.
JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Directors Teddy Leatherman and Scott Clifton, Director Kevin Kazlow, Associate Jack Goldberger and Senior Analyst Grace Picchiotti. Notably, both Clifton and Goldberger are alumni of Miami University, bringing personal insight to the transaction.
“Level 27 represents an excellent opportunity in the growing student housing market at Miami University,” said Clifton. “With its flexible unit mix and proven demand for creative leasing structures, the property offers significant upside potential for the new owner.”
Miami University has seen steady growth, with Fall 2024 enrollment reaching 18,838 students, a 1.2% increase over the previous year. The university’s reputation as a “Public Ivy” and its recent rankings for academic excellence and value contribute to its strong appeal.
