Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Old Taylor Place Apartments in Oxford, MS. Located just 0.3 miles from campus, Old Taylor Place, consists of 112 newly-renovated 2 bedroom units within walking distance to the University of Mississippi (more commonly referred to as Ole Miss). Old Taylor Place boasts some unique amenities including a fully-equipped fitness center, swimming pool, outdoor lounge/grilling pavilion and a well-appointed outdoor gaming area with basketball and volleyball courts, shuffleboard and horseshoes. Over the coming weeks, CREI intends to convert the property from an apartment community into a condominium community.
The acquisition of Old Taylor Place Apartments is a continuation of CREI’s mission to acquire well-located assets proximate to major colleges and universities across the United States. Formed in 2012, CREI currently owns/manages a diverse portfolio of 21 properties constituting 7,746 beds. As an active acquirer, we encourage anyone interested in selling an asset near a major college or university to contact Jeff Taylor, Vice President of Acquisitions at email@example.com or 205-949-2073.