Muinzer-Acquisition

Muinzer Acquires 752-Bed Community Near Auburn University

by Katie Sloan

Auburn, Ala. — Muinzer has acquired Samford Square, a 752-bed student housing property located near the Auburn University campus in Alabama. The community offers units in two-, three- and four-bedroom configurations, which were fully leased at the time of sale. Shared amenities include a resort-style swimming pool, cyber café, resident activity room, sand volleyball court, clubhouse, hammock garden, 24-hour gaming lounge and a free tanning bed. Peter Katz of Institutional Property Advisors, a division of Marcus & Millichap, brokered the transaction. The seller and terms of the deal were not disclosed. 

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