120-Unit, 432-Bed Class "A" Student Housing Community Located Steps from Louisiana Tech University

For Sale

1812 W Alabama Ave, Ruston, LA 71270

This Ruston property for sale is located at 1812 W Alabama Ave. Contact the listing broker for details on the current sale price for 120-Unit, 432-Bed Class "A" Student Housing Community Located Steps from Louisiana Tech University. 120-Unit, 432-Bed Class "A" Student Housing Community Located Steps from Louisiana Tech University is situated on a lot that is 9.64 acre in size.

Contacts

broker
Sean Baird
broker
Jonathan Holt
broker
Nicholas Coccodrilli
broker
Paul Dominique

Property Details

  • Property Type Other
  • Lot Size 9.64 Acre
  • Year Built 2008
  • Date Updated Feb 20, 2025

The Heights Ruston is a purpose-built student housing community tailored for students attending Louisiana Tech University and Grambling State University in Ruston, Louisiana. This contemporary residence offers 120 fully furnished units in two- and four-bedroom configurations. Each apartment includes major appliances such as modern refrigerators, ovens, flat-screen TVs, spacious bathrooms, ample closet space, and in-unit, full-size washers and dryers.

Located adjacent to Louisiana Tech University, The Heights is on pace to achieve 100% occupancy for AY 25/26, pacing 9.52% ahead year-over-year (YoY) in preleasing while maintaining 97.69% occupancy. In addition to increased leasing velocity, The Heights is 5.3% ahead in rental rates YoY, demonstrating strong remaining upside for a future investor to continue driving rents. Louisiana Tech University has reported a 4.29% increase in total enrollment and a 9% increase in its freshman class for AY 25/26. Neighboring Grambling State University has achieved 0.7% growth in total enrollment, with its freshman class increasing 11% YoY, further adding demand pressure to a market with zero supply pipeline.

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Getting around

  • 13/100

    Walk Score ®

  • 16/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ruston, LA
  • Zip Code 71270

Points of Interest

  • VP Racing

    0.59 miles

  • Conoco

    1.00 miles

  • Tesla Destination Charger

    1.39 miles

  • QuikTrip

    1.40 miles

  • Exxon

    1.41 miles

  • Chevron

    2.09 miles

  • Tesla Supercharger

    2.19 miles

  • Circle K

    2.76 miles

  • Super 8

    0.53 miles

  • Hampton

    1.38 miles

  • Sleep Inn & Suites

    1.46 miles

  • The Lewis House Victorian Bed & Breakfast

    1.53 miles

  • Courtyard

    1.79 miles

  • Fairfield Inn & Suites

    2.70 miles

  • Comfort Inn & Suites

    2.78 miles

  • Days Inn

    2.81 miles

  • Quality Inn

    2.94 miles

  • Holiday Inn Express & Suites

    3.25 miles

  • TJ Maxx

    0.75 miles

  • Walmart Neighborhood Market

    1.30 miles

  • Shoppers Value Market

    1.42 miles

  • Super 1 Foods

    1.58 miles

  • Bealls

    1.65 miles

  • Walmart Supercenter

    2.27 miles

  • Spring Market

    3.08 miles

  • Ruston Groceries

    3.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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