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CREI Acquires 648-Bed Community Near Middle Tennessee State University

Murfreesboro, Tenn. — Capstone Real Estate Investments (CREI) has acquired Student Quarters – Rutherford, a 648-bed student housing community located near Middle Tennessee State University in Murfreesboro, for an undisclosed price. The property — newly rebranded Landmark Apartments — is set to undergo renovations including a revision of the current unit mix and improvements to security and management services. The property currently offers two-, three- and four-bedroom units alongside shared amenities including a computer lab, fitness center, clubhouse, business center, social room, dog park, swimming pool, hot tub, grilling stations and a sand volleyball court.