SAN MARCOS (MultifamilyBiz.com) – The Preiss Company has acquired the 486-bed Outpost San Marcos student housing complex serving Texas State University.
Preiss, the nation's third largest private student housing owner-operator, will upgrade the property and oversee operations.
According to Founder and CEO Donna Preiss, the property brings The Preiss Company to nearly 4,000 beds in the state.
The Outpost San Marcos is at 1647 Post Rd. within walking distance to the football stadium and about seven minutes from the Texas State campus via university transit. The complex sits on 11.2 acres and consists of six three-story buildings and a stand-alone clubhouse.
Planned upgrades include new fitness equipment, furnishings and pool furniture, and an upgrade to Internet connectivity and speed.
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