Student Housing Multi Family Not Fully Booked Yet

[Parag D.]

I am looking at a multi family investment near an university- mainly it is going to be used for student housing. The multi family hasn’t signed up any students yet for the 2021 fall semester even though it seems to be priced right. Is this normal? I would have thought that students would have already signed up for housing by end of June. Anything to be concerned about in filling up the vacancy before fall semester starts?

Thanks

Parag