New Offering: $250+ Rental Upside | Limited Deferred Maintenance | 2010 Construction

Download Offering Materials: Rehobeth Pointe

Capstone Apartment Partners is pleased to present Rehobeth Pointe: a 2010 vintage, 119-unit apartment community in Greensboro, North Carolina. Rehobeth Pointe is conveniently located in the burgeoning Pleasant Garden submarket of Greensboro, directly off both I-85 and I-73, giving residents easy access to multiple demand drivers around Greensboro and in neighboring cities. Greensboro has seen significant rent and population growth over the years due to an influx of high paying manufacturing, supply chain, and shipping jobs around the Piedmont Triad International Airport, providing steady job opportunity for residents of Rehobeth Pointe. Strong market fundamentals, coupled with an excellent renter demographic, minimal deferred maintenance, and a strong value-add platform to build on will allow new ownership to immediately focus on increasing NOI through the implementation of targeted interior renovations.

Investment Highlights
Well-Maintained Asset Poised for Value-Add Program
Strong Market Fundamentals for Multi-Family Housing
Growing Job Market in Greensboro
Convenient Access to Major Roadways and Class A Retail