September 7, 2017
RISE Further Expands Student Housing Portfolio with Oxford, OH Purchase
Valdosta, Ga. – September 7, 2017 – RISE: A Real Estate Company recently closed on the purchase of Oxford West Apartments, a 303-unit, 545-bed student housing community in Oxford, Ohio.
Courtney Gordon, RISE’s Senior Vice President of Operations, says, “This acquisition in Oxford, OH allows us to support Miami University and serve their students. RISE is always looking for great opportunities in stable markets close to strong school systems. This market, property and university fit our model nicely. The Value Index is very important to us and one that we watch closely. Our plan is to reposition this asset in the market while offering our residents a great place to live.”
RISE plans to complete extensive renovations to the property including upgraded stainless steel appliances, the addition of a washer and dryer in every unit, updated counter tops, luxury vinyl plank flooring and upgraded lighting and plumbing fixtures.
With this re-positioning, RISE anticipates better catering to Miami University’s upperclassmen and graduate students, and looks forward to the opportunity to showcase the company’s emphasis on providing exceptional customer service and care in all areas of operation.