April 2023

New Offering: 338-Site MHC Portfolio in North Dakota | Public Utilities with Upside Opportunity

Download Offering Materials: North Dakota MHC Portfolio Capstone is pleased to present the North Dakota MHC Portfolio. This offering features 338 sites across 4 communities: Devils Lake, Minot, Grafton, and Larimore. Named after the cities they are located in; the parks span the state of North Dakota. The portfolio benefits from operational efficiencies, such as public utilities and a low number of...

New Offering: 88-Site MH Portfolio in Connersville, IN | Immediate Rental Upside & Public Utilities

Download Offering Materials: Eastern Indiana Portfolio Capstone is pleased to present the Eastern Indiana Portfolio consisting of 88 sites across two communities: Connersville North and Connersville South. These two communities are in Connersville, Indiana, which places them about an hour outside of Indianapolis, Dayton, and Cincinnati. Conveniently, they are located within 3 miles each other, allowing...

New Offering: 51-Site RV Park in Cincinnati MSA | Majority Long-Term RV Residents | 47-Site Expansion Potential

Download Offering Materials: Camper Village RV Park Capstone is pleased to present Camper Village RV Park, located in Dry Ridge, Kentucky. Strategically positioned off I-75, guests of the community have easy accessibility to Cincinnati and Lexington. I-75 sees an Annual Average Daily Traffic (AADT) of over 54,000 vehicles, and over the summer, there is significant transient traffic driven by the Ark...

New Offering: 53-Unit Value-Add Opportunity in the Houston MSA

Download Offering Materials: Garner Park Capstone is pleased to present Garner Park: a 1963 vintage, classic value-add asset in Pasadena, Texas a suburb of Houston. Garner Park (53 units) represents phenomenal potential to investors seeking entry into the resilient Southeast Houston multi-family market. In addition, Garner Park is currently being self-managed, which allows for upside in hiring a...

Apartment building closing graphic for Lofts at Halifax in Deltona, FL

Capstone Brokers $9.24 Million Multi-Family Sale in Deltona, FL

Multi-Family Sale: Capstone Brokers $9.24 Million Development Site in Deltona, FL Deltona, Florida - Capstone Companies, a leading multi-family investment sales brokerage firm, announced the successful sale of a development site in Deltona for $9.24 million. The site, located at the northeast corner of the intersection of Interstate 4 and State Road 472, sold by Trafalgar Holdings LLC to Village Capital...

Capstone Brokers Two Multi-Family Assets in Nashville, TN MSA for Over $32 Million

Nashville, TN - Capstone brokers Adam Klenk, Austin Heithcock, and Jordan Arand have sold two multi-family properties in Tennessee for a combined total of over $32 million. The properties, The Oaks in Oak Ridge and The Arte in Clarksville, were sold on March 22, 2023, with The Oaks being acquired by Brightstone Capital and The Arte being acquired by Valor Residential. The Oaks, which was sold for $9.9...

Capstone Closes 80-Unit Senior Living Apartment Community in Hobart, IN

HOBART, IN — Capstone Companies has facilitated the successful sale of the Kirby Manor Apartments: an 80-unit senior living (+55) apartment community located in Hobart, Indiana. The Capstone transaction team was led by Director of Multi-Family Investment Sales, Eric Liebich, and Investment Sales Advisor, Kevin Burns, who represented the seller through a fully marketed sales process. The Capstone team...

New Offering: 268-Site MH Portfolio in Joplin, MO MSA | Scaled Entry & Immediate Rental Upside

Download Offering Materials: Joplin Portfolio Capstone is pleased to present the Joplin Portfolio, consisting of four communities. This offering features 268 sites in the thriving Joplin, MO MSA. These communities are ideally positioned within a 20-mile radius of each other, providing immediate scaled entry into the area, as well as offering the opportunity to share staffing across the portfolio. Current...

Capstone Closes $9 Million Sale of ±13.61-Acre Development Site in Greensboro, NC

Greensboro, NC—Capstone Companies has brokered the $9,000,000 sale of a ±13.61-acre development site in Greensboro, NC. The site is located at 829 Guilford College at the intersection of Guilford College Rd and Sapp Rd, directly adjacent to the Target-anchored Wendover Place Mall. The buyer is Raleigh, NC-based HHHunt, who will break ground later this year on a 360-unit, garden-style apartment...

Capstone Closes ±5.04-Acre Townhome Development Site in Greenville, SC

Greenville, SC —Capstone Companies facilitated the sale of a ±5.04-acre development site in Greenville, South Carolina. The site consists of six parcels and is located at 130 Prospect Street just south of W Faris Rd, between I-185 and Hwy-81, and is adjacent to Prisma Health Greenville Memorial Hospital. The buyer, Lincoln Avenue Capital, is an affordable housing developer based out of Santa Monica,...

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