Closed Student Housing Acquisition
848 Mitchell
Arlington, TX
687-bed student housing community at 848 W. Mitchell Street, steps from the University of Texas at Arlington campus. 848 Mitchell offers fully furnished floor plans ranging from studios to five-bedroom apartments, each with private bathrooms and built-in study space, alongside a resort-style pool, 24-hour fitness center, coffee bar, clubhouse, and private and group study lounges. The community is one of the largest purpose-built student housing assets serving UTA.
- Investment
- Equity
- Location
- Arlington, TX
- Asset class
- Student Housing
- HC2 participation
- $15,010,000
- Units/Beds
- 687 beds
The Opportunity
Why we invested
The investment thesis centered on the University of Texas at Arlington, one of the largest universities in Texas by enrollment, situated in the heart of the fast-growing Dallas-Fort Worth metroplex. 848 Mitchell's walk-to-campus location and broad mix of floor plans position it to serve UTA's large and diverse student body, with pre-leasing momentum ahead of prior year in the most recent season.
Our portfolio showcases our ability to uncover unique opportunities, navigate complex transactions, and deliver strong, risk-adjusted returns for our partners.
Execution
Our role in the deal
Sourcing
We identify high-quality assets in supply-constrained markets and partnering with proven operators.
Asset Management
We provide investors quarterly reports, market updates, construction camera access, and audited financials.
Underwriting team
Gabriel Hidalgo, Doug Conner and Jim Crigler review and underwrite every HC2 Capital investment together.
Meet the teamThe property
Project gallery
848 Mitchell on W. Mitchell Street, steps from the UT Arlington campus. 
Coffee bar and clubhouse seating at 848 Mitchell. 
Resident corridor and mail room at 848 Mitchell. 
Living and dining area in an 848 Mitchell apartment. 
Secure indoor bicycle storage at 848 Mitchell. 
Study and group work space at 848 Mitchell.
Related investments
Other HC2 Capital investments in the same asset class.
Investors
Investor Portal
Existing investors can access statements, K-1s and distribution history.
