Adam Klenk

Capstone Brokers Sale of Lexington, KY Garden-Style Apartment Community

LEXINGTON, KY — Capstone Companies is pleased to announce the successful on-market sale of Rand at Lansdowne, a distinguished 1968-construction garden-style multifamily apartment community located in Lexington, KY, consisting of 143 units spread across 5.82 acres. Under the guidance of Capstone Partner Adam Klenk, alongside Austin Heithcock, Jordan Arand, Josh White, Blake Wiser, and Quentin Nichols,...

Capstone Brokers Sale of Newly Constructed 96-Unit Luxury BFR Community in Huntsville, AL

HUNTSVILLE, AL — Capstone Companies has successfully brokered the sale of St Andrews Villas: a newly constructed build-for-rent style, 96-unit luxury apartment community in Huntsville, AL. The community is unique in that all units are one level, providing residents with private, easily accessible space with a personal one-car garage. Each villa is comprised of a 2-bedroom, 2-full bathroom configuration...

Capstone Brokers 43.87-Acre Multifamily Site in Nashville, TN

 NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land site in the desirable Bellevue submarket of Nashville, TN. The 43.87-acre site, named Bend at Bellevue Park, is located on Morton Mill Rd. The site sits adjacent to a 51-acre park and greenway and is bordered on the east by the Harpeth River. Bend at Bellevue Park is slated for ±300 multifamily units. The Capstone...

2023 Tennessee Multifamily Expense Survey

Capstone is pleased to present the 2023 Tennessee Multifamily Expense Survey. We want to give special thanks to all the property owners and managers who placed their trust and confidence in us to provide this report. The best investment decisions are made based on a thorough understanding of the facts; ultimately, the more facts you can verify, the more you reduce your risk. This report aims to provide...

Capstone Brokers $8.9M Apartment Community in Bowling Green, KY

BOWLING GREEN, KY — Capstone Companies has successfully brokered the $8.9M off-market sale of Red Rock Place Apartments: a 60-unit garden style multifamily apartment community constructed in 2017 and located in Bowling Green, Kentucky. Capstone Investment Sales Advisor, Jordan Arand, led the transaction team along with Capstone Partner, Adam Klenk, Senior Advisor, Austin Heithcock, and Investment...

Capstone Brokers 2.4-Acre Site Three Miles from Downtown Nashville

NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land project in Nashville, TN. The 2.4-acre site is located at 2400 Clarksville Pike and has an existing building with a NNN lease in place and multiple sources of income. There are five years left on the lease. Capstone Investment Sales Advisor, Jordan Arand, facilitated the off-market sale, representing the seller, J Word...

Capstone Brokers Sale Of 131-Unit Motel Conversion Project In Nashville, TN

NASHVILLE, TN — Capstone Companies has brokered the sale of The Wallace Studios, a motel conversion project located at 97 Wallace Road in Nashville, to AGB Real Estate and its partners. AGB Real Estate, in partnership with SL Cap and RBSR, LLC, celebrates their fourth motel conversion project together. Founded by local developer Adam Rosenberg, AGB Real Estate has gained a reputation for taking...

Capstone Brokers $4.15M Sale Of Proposed 79-Unit Townhome Development In Nashville, TN

NASHVILLE, TN—Capstone Companies has brokered the $4,150,000 sale of a multifamily development project in Nashville, TN. The 8.76-acre site is located at 839 West Trinity Lane and will be the future site of 79 three-story, Class A townhomes. The property, which is set some 180 feet above the Cumberland, will overlook the river with unparalleled views of Downtown Nashville and feature 3-bedroom and...

Capstone Brokers $12.05M Sale of 120-Unit Motel Conversion Project in Nashville, TN

NASHVILLE, TN — Capstone Companies has brokered the $12.05M off-market sale of Red Lion Inn & Suites: a 120-unit motel conversion project located at 2425 Atrium Way in Nashville, TN. Capstone Senior Advisor, Austin Heithcock, Capstone Partner, Adam Klenk, and Investment Sales Advisors, Jordan Arand and Josh White facilitated the sale between Focus Hospitality III, the seller, and Creative...

Capstone Brokers 16.7-Acre Development Project in Asheville, NC

Asheville, NC—Capstone Companies has assembled the sale of a development project in Asheville, NC. The 16.7-acre, fully entitled site is located at 2177 Brevard Road and is slated for 319 units. The buyer is URS Capital (Managing Partner Chris Urso) partnered with PREG-Advantis and their construction arm; BCC Construction, Inc., a Florida based national Development and construction team led by Richard...

Capstone Brokers $3.3 Million Multifamily Sale in Nashville MSA

CLARKSVILLE, TN — Capstone Companies has brokered the $3.3M sale of Crossland Manor: a 48-unit garden style multifamily apartment community constructed in 2008 and located in Clarksville, Tennessee. Capstone Director, Austin Heithcock, led the Capstone transaction team along with Partner, Adam Klenk, and Investment Sales Advisors, Jordan Arand and Josh White. They facilitated the sale between...

New Offering: ±13.8-Acre Multi-Family Development Site | Huntsville, AL

Download Offering Materials: The Community at 1980  Capstone is pleased to present The Community at 1980, a +13.8-acre development site located within the booming market of Huntsville, AL. The Community at 1980 offers a range of opportunities, including townhomes for-rent or for-sale, detached single-family homes, and garden-style apartments. The site's ideal location within the highly acclaimed...

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