Capstone Offering: New Construction, High LTV Loan Assumption with Significant Built-In Upside

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Capstone Apartment Partners is pleased to present Stone Gables: a 192-unit, Class “A” multi-family community in the most highly coveted submarket of the Fayetteville MSA, which represents an excellent opportunity to acquire an institutional-quality asset, with a high leverage assumption, and multiple avenues to grow NOI in the immediate term. From an investment standpoint, investors will have the ability to assume the existing, long term, non-recourse agency financing currently in place at a uniquely high leverage point, affording the ability to maximize cash returns going in, with significant built-in upside immediately available.