Westyn Village

Capstone is pleased to present Westyn Village, a newly built, luxury Class-A, trophy asset located in the Forest submarket of Lynchburg, Virginia. With 384 units, the property features luxury Class-A finishes and an expansive amenity package, putting it amongst the top rental options in the market. Favorable demographics and population growth in the area have resulted in rent growth north of 15% within the past three years. Westyn Village has experienced significant organic rent growth and, while current rents remain slightly below market competitors, new ownership is ideally positioned to raise rents with the next generation of leases. The subject property is surrounded by thousands of jobs, an abundance of Class-A retail, and the market’s strongest demand drivers, positioning Westyn Village for significant rent growth and steady occupancy for years to come.

Investment Highlights:

Trophy Asset with Best-in-Class Construction Quality

Best-in-Class Developer with a Long Track Record of Successful Execution

Exceptional Growth Driven by Proximity to Liberty University

Opportunity to Organically Increase Market Rents

Favorable Demographics in Highly Affluent Lynchburg Submarket