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Wolf Creek

Wolf Creek Apartments


Jonesboro, AR

Type and Size

Property Summary

Wolf Creek is a Class A student housing complex consisting of 504 beds in Jonesboro, AR. The property was acquired in 2013 by Calidus and was sold in January 2024. The property was managed by The Preiss Company.

Student Housing
504 beds

Investment Narrative

In 2013, Calidus acquired four properties from Campus Crest, a former student housing REIT at an attractive cost basis. At the time of acquisition, the properties were underperforming and required capital improvements, a focused management strategy, and a rebranding resulting in "American Student Housing". In January 2024, the portfolio was refinanced and Wolf Creek was sold as part of this restructuring.

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