Vesper Acquires 792-Bed Community Near the University of Southern Mississippi

Hattiesburg, Miss. — Vesper Holdings has acquired Vie at Hattiesburg, a 792-bed student housing community located near the University of Southern Mississippi campus in Hattiesburg.

The property offers two- and four-bedroom units with bed-to-bath parity. Shared amenities include a clubhouse, swimming pool and poolside lounge with a television, a 24-hour fitness center, business center, computer lab, sand volleyball court and a private shuttle to campus.

The community’s previous owner — whose name was undisclosed — recently completed a $2 million renovation that included upgrades to flooring, appliances, furniture, the clubhouse and the fitness center. Vesper is planning to invest an additional $600,000 to further upgrade the amenities, enhance the property’s exteriors and make substantial technology upgrades throughout the complex. Ryan Lang and Brandon Buell of Newmark Knight Frank brokered the transaction.