Oxford, Miss. — Capstone Real Estate Investments LLC has acquired Old Taylor Place Apartments, a 224-bed student housing community located 0.3 miles away from the University of Mississippi campus in Oxford.
The newly renovated property consists of 112 two-bedroom units, and features community amenities including a fully equipped fitness center, swimming pool, outdoor lounge and grilling pavilion and an outdoor gaming area with basketball and volleyball courts, shuffleboard and horseshoes.
Over the coming weeks, Capstone intends to convert the property from an apartment community into a condominium community. Old Taylor Place was acquired in an off-market transaction.