.- Ensure your agent posted the property to your multiple listing service (“MLS”) and it has syndicated to all other real estate affiliated websites.AND price it competitively..... 

People are worried about vacancy, right time for advertising, competition with higher end building developing in the area, not so good reputation of the area…I have not read any problem about students not paying rents. 

The competition for MTR is still very low and it makes your property stand out.

Credit unions often have very competitive rates.

What makes people prefer airbnb than hotel these days, especially the rate of hotels are relatively competitive (airbnb becomes more expensive than it used to be), i.e. is it still a viable business for the most part? 

Call their competition start a bidding war .   233 units is a BIG score for them , you can demand more .  

It's a highly competitive market and especially where we are in the cycle, its important to be educated and would also suggest team up with experts who have the knowledge you lack and be the money partner. 

You may occasionally find deals in nicer towns, but they will be scarce and you will have major competition. 

Its a mine field, you gotta remember Hotels with big influence don't stand for competition.

Maybe the competition isn't as cut throat when listing prices are mildly higher?