HARRISONBURG — James Madison University last week closed on the purchase of a property at 717 S. Mason St.
Also known as University Towers, the apartment building cost $1.55 million.
University spokesman Bill Wyatt said the Board of Visitors approved the purchase in October.
JMU has not decided what to do with the building, Wyatt added. Several apartments in the building are leased into 2015, and the university will honor those leases, he said. JMU will make plans for the building in the mean time.