New Value-Add Portfolio for Sale

Capstone Apartment Partners is pleased to present The Charlotte MSA Portfolio, comprised of Wallace Terrace Apartments (32 units), Timberstone Commons (67 units), and Kensington Townhomes (48 units). These three assets are located in amenity rich areas of Charlotte, NC and Rock Hill, SC. The Charlotte MSA Portfolio is an exceptional opportunity to acquire well-maintained assets that will benefit from minor operational improvements and structured interior renovation programs implemented by new ownership. Through these operational improvements and driving tenant demand, new ownership will experience organic rent growth, and also achieve significant rate increases through strategic interior renovations.

Investment Highlights
Boost NOI through moderate interior renovations
Organic rent growth opportunity by introducing professional management
Excellent proximity to retail, employment centers, and area amenities

 

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