NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land project in Nashville, TN. The 2.4-acre site is located at 2400 Clarksville Pike and has an existing building with a NNN lease in place and multiple sources of income. There are five years left on the lease. Capstone Investment Sales Advisor, Jordan Arand, facilitated the off-market sale, representing the seller, J Word...
LAKELAND, FL—Capstone Companies has brokered the $8.6M off-market sale of a multifamily development project along Airport Rd in Lakeland, FL. The shovel-ready, 29.3-acre site is slated for 300 multifamily units and was sold by Lindell Investments to Village Capital Corporation, an affiliate of the Pedcor Companies. The Pedcor Companies have been in the business of multifamily development, construction,...
NASHVILLE, TN—Capstone Companies has brokered the $4,150,000 sale of a multifamily development project in Nashville, TN. The 8.76-acre site is located at 839 West Trinity Lane and will be the future site of 79 three-story, Class A townhomes. The property, which is set some 180 feet above the Cumberland, will overlook the river with unparalleled views of Downtown Nashville and feature 3-bedroom and...
Asheville, NC—Capstone Companies has assembled the sale of a development project in Asheville, NC. The 16.7-acre, fully entitled site is located at 2177 Brevard Road and is slated for 319 units. The buyer is URS Capital (Managing Partner Chris Urso) partnered with PREG-Advantis and their construction arm; BCC Construction, Inc., a Florida based national Development and construction team led by Richard...
Download Offering Materials: Stonewood Hills Development Site Capstone is pleased to present the Stonewood Hills Development Site: the only by-right multi-family development site available in the South Tulsa/Broken Arrow submarket. The 26.38-acre site is well suited for a three or four-story surface-parked development up to approximately 495 units. However, the PUD has no height restriction. Located...
Download Offering Materials: The Community at 1980 Capstone is pleased to present The Community at 1980, a +13.8-acre development site located within the booming market of Huntsville, AL. The Community at 1980 offers a range of opportunities, including townhomes for-rent or for-sale, detached single-family homes, and garden-style apartments. The site's ideal location within the highly acclaimed...
Download Offering Materials: Jessamine at Mooresville Capstone Land Sales is pleased to present the Jessamine at Mooresville Development Site, a ±12.94-acre development site in a booming submarket of Mooresville, North Carolina and the greater Charlotte MSA. Jessamine at Mooresville is located in close proximity to all major employers, retail, and demand drivers in the area. Situated directly...
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...
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...
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,...
Download Offering Materials: Brookfield at Crowders Mountain Development Site Capstone is pleased to present the Brookfield at Crowders Mountain Development Site, a ±47.59 acre, zoned and entitled site located in Gastonia, North Carolina that is approved for 306 residential units (106 detached | 200 attached). The recently approved re-zoning allows For-Sale and/or For-Rent (BTR) product by-right. The...
Download Offering Materials: The Exchange at Steele Creek Capstone is pleased to present The Exchange at Steele Creek. Construction is complete and the asset is working through final inspections with final C/O expected at the end of April / early May 2023. This garden-style apartment community with Class A finishes is comprised of 36 units consisting of one- and two-bedroom floorplans. Favorable...
