Champion Real Estate Company has acquired Salisbury Campus Apartments, a five-building student housing community near Purdue University at 300, 310 and 318 Salisbury St. and 229 and 235 Littleton St. in West Lafayette, Indiana.
The property, which encompasses 85 units and 290 beds, will be rebranded as Victory on Salisbury. Champion now owns and operates 15 student housing communities encompassing more than 4,300 beds at eight universities.
Champion Salisbury, LLC, a subsidiary of Champion, will immediately begin renovations to the property once the current master lease with Purdue University expires in 2025. A short walk from the Purdue University campus, Victory on Salisbury will feature new paint, vinyl plank flooring, cabinetry, quartz countertops, stainless steel appliances and modern fixtures. It will be leased by the bedroom and all bedrooms will be fully furnished including televisions and soundbars.
Scott Clifton of JLL represented Champion Real Estate Company and seller.
