Why We Love This Investment

THIS PROJECT IS:​

• Phase II of hugely successful development, The Reserve.    ​
• 100% of the units released for May/June 2025 completion were fully reserved in ~24 hours without hitting MLS​
• Oxford Reserve Properties Phase II is under contract 12 of the units ​
• The Reserve is highly desired by students and parents and considered one THE places to live in Oxford. ​
• Extremely high rental demand.  Applications have been submitted by over 150 students for 36 doors.    Projected to be 100% leased.  ​

Enrollment at Ole Miss projected to increase over 30% by 2030. 

(+~6,000 students).

Off-Campus Student Housing Demand​

• 99.9% Occupied in 2023/2024​

Supply Not Keeping Up​

• Record breaking freshmen classes 2021-2024​
• 5 off-campus apartment complexes are master leased by University for incoming Freshman Housing for ‘24/’25​
• 200% increase in short-term rentals (previous long-term rentals converted)​
• Non-student population increased 3,500 since 2020​
• In 2024, most other new construction is 2-3x distance to Ole Miss and Square​

• Oxford is 70 miles south of Memphis International Airport.​

PROXIMITY TO MAJOR EMPLOYERS​

• University of Mississippi – 2,900 full-time/700 part-time​
• Baptist Memorial Hospital – 1,200 employees​

RETAIL & SHOPPING​

• The Historic Oxford Square – 5 minutes away​
• All Oxford grocery stores, restaurants, banking and consumer goods within 10-minute drive.​

SCHOOLS, PARKS & RECREATION​

• Ole Miss ~ 6-minutes, all Oxford schools all <10 min​
• South Campus Hiking and Biking “Rail Trail” – <5 minutes​
• 20 minutes to Sardis Lake public use area​