Student Housing for Sale in Muncie in Indiana

Student housing for sale at 1623 West University Avenue in Muncie, Indiana. Village Promenade offers 233 units and 515 bed.

Visit our property website to learn more and to request the offering memorandum.

Built in 2014, Village Promenade stands as the premier student housing community in Muncie, Indiana, in the heart of town on the corner of Martin and University and just one hour from Indianapolis. Only a two-minute walk from Ball State University, Village Promenade is surrounded by all the attractions of this vibrant college town. Ball State University, known for its beautiful campus, ranks in the top 14% of college campuses in America.

Village Promenade distinguishes itself with numerous luxurious amenities and is the only community offering one-bedroom units for independent tenants. The first floor includes 19,220 SF of retail which is fully lease and brings a convenience of dining, exercise and fun right at the residents front door.

To accommodate the increasing number of graduate students seeking to live at Village Promenade, the fourth floor has been reserved exclusively for them. This has been positively received, with tenants willingly paying a $25 premium for the exclusivity. Plans to secure the third floor for graduates, professionals, and medical workers are also in place.

Village Promenade’s top-of-the-line design and outstanding amenities, located on a prime corner near both the university and the hospital, position it for continued growth and appeal.