Download Offering Materials: Maple 40
Capstone Apartment Partners is pleased to present: Maple 40, a 40-property, single-family rental home community in Humboldt, Tennessee. Constructed between 1940-1947, the asset represents an exciting opportunity to purchase a fully leased portfolio where rental inventory is scarce. The community would immediately benefit from more efficient, hands-on management to substantially recapture loss-to-lease and potentially push effective rents to above current levels. In addition to operational upside, the community is well-positioned to benefit from the influx of 1,500 new jobs due to the recently completed Tyson Foods plant, a huge economic catalyst for the smaller Humboldt market.
Operational Value-Add Opportunities
Recent Opening of Tyson Foods Processing Plant
Community Offered Below Replacement Cost