DAYTONA BEACH, FL-The Daytona Beach News-Journal has reported that Stetson University has purchased Stetson Cove, a 44-unit apartment complex in DeLand for $1.25 million. The school is planning to use the property for student housing.

Stetson University is planning to spend additional $1.1 million to improve the apartments to get them before the semester starts in fall. About 2,291 undergraduate students have enrolled at Stetson's DeLand campus. For the full story, go to Orlando Business Journal .


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