New Offering: 48-Unit Property with Townhome-Style Floor Plans | 70-Unit Development Site Included

Click Here for Offering Materials: Jackson Pointe

Capstone Apartment Partners is pleased to present Jackson Pointe Apartments: a 48-unit, townhome-style community located in the popular Highland Springs neighborhood of Richmond, Virginia, which represents a rare opportunity to acquire a highly desirable townhome-style asset in ideal proximity to downtown Richmond. As a result of recent additional capital improvements and the asset’s overall attractiveness, the property has experienced a substantial increase in EGI since implementing a value-add program and is continuing to trend higher. Jackson Pointe still possesses significant upside potential via operational improvements, implementation of a comprehensive utility savings program, and the opportunity to build an additional 70+ units on the property.

Existing Value Propositions

Largest 3-Bedroom Floorplan in Market

Operational Upside Through Water Submetering and Substantial Loss to Lease Recapture

10 Minutes from Richmond International Airport Job Corridor

Ability to Develop Additional 40+ Units

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