Capstone Real Estate Investments, LLC (“CREI”) closed on the sale of Landmark Apartments, a 264-unit multifamily community located in Murfreesboro, TN. The property was acquired in July 2020 as a student housing community serving Middle Tennessee State University. Soon after acquisition, CREI undertook a significant renovation program which facilitated the property’s transformation into a successful market-rate multifamily community offering a variety of fully renovated 1-bedroom, 2-bedroom, and 3-bedroom units to Murfreesboro residents.
CREI is actively searching for acquisition opportunities. Interested in selling an asset near a major college or university? Contact Stephen Denton, Director of Acquisitions at CREI – [email protected] or 205.949.3849