Oxford, Miss. — Nelson Brothers Professional Real Estate has acquired two student housing properties located near the University of Mississippi in Oxford.
Acquisitions include Molly Barr Trail and Molly Barr Ridge, which total 125 units and 303 beds. Each unit features bed-to-bath parity, a washer and dryer and furnished common areas. Community amenities at the properties include a pool, lounge, fitness center and surface parking. The properties were offered under a Delaware Statutory Trust structure, and eligible for 1031 exchange investors.