Adam Klenk

New Offering: Fully Entitled ±99-Unit Development Site in the Southside | Chattanooga, TN

Download Offering Materials: The Flats at Sculpture Park Development Site Capstone is pleased to present The Flats at Sculpture Park Development Site, which includes five parcels totaling ±1.04 acres of developable land in the immensely popular Riverside submarket of Chattanooga. The site offers new ownership the opportunity to acquire a fully entitled tract of land suitable for ±99 apartment units. The...

New Offering: Low-Basis Attainable Housing Conversion Opportunity | Washington D.C. MSA | 158 Units

Download Offering Materials: Nine-99 Motel Conversion Capstone is pleased to present the Nine-99 Motel Conversion, a hotel-to-apartment redevelopment opportunity located in Frederick, MD (Washington, D.C. MSA). The property currently operates as a 158-key Motel 6. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing asset into a rental apartment...

New Offering: 42-Unit Proven Value-Add Asset Located in Desirable Chattanooga Submarket

Download Offering Materials: The Garden Apartments Capstone Apartment Partners is pleased to present The Garden Apartments, a 42-unit apartment community in Chattanooga, Tennessee. The Garden Apartments benefits from its location along Dayton Boulevard, providing residents immediate access to multiple retail amenities in the Red Bank area as well as the largest employers in the Chattanooga MSA, such as...

New Offering: True Shovel-Ready Master-Planned Development Site in Jackson, TN | 40 Miles to Blue Oval’s 6k Jobs

Download Offering Materials: The Crossings at Exum Place Capstone Land Sales is pleased to present The Crossings at Exum Place: a truly shovel-ready 13.76-acre multi-family development site located in Jackson, TN. The current owner has received full site plan approval to develop 282 multi-family units and has final architectural drawings in hand and site work has already begun. The site will benefit from...

New Offering: True Shovel-Ready Master-Planned Development Site in Jackson, TN | 40 Miles to Blue Oval’s 6k Jobs

Download Offering Materials: The Crossings at Exum Place Capstone Land Sales is pleased to present The Crossings at Exum Place: a truly shovel-ready 13.76-acre multi-family development site located in Jackson, TN. The current owner has received full site plan approval to develop 282 multi-family units and has final architectural drawings in hand and site work has already begun. The site will benefit from...

Capstone Facilitated the $4.35 Million Sale of a 136-unit, LIHTC Asset in Louisville, KY

Louisville, KY—Capstone Companies has facilitated the $4.35 million sale of a 136-unit, LIHTC asset in the West End neighborhood of Louisville, KY. This one-of-a-kind asset was built in 1915 as an elementary school and was added to the National Register of Historic Places in 1984. Capstone’s Adam Klenk led the transaction team on behalf of the long-term owner who acquired the property over 30 years ago...

New Offering: In-Place 10+ Cap | Low-Basis Workforce Housing Redevelopment Opportunity | Nashville, TN

Download Offering Materials: 24Harding Motel Conversion Opportunity Capstone Apartment Partners is pleased to present the 24Harding Motel Conversion Opportunity, a hotel redevelopment opportunity located in Nashville, Tennessee. Currently operated as a 124-key independent hotel, the asset presents an exceedingly rare opportunity to reposition the existing property into a rental apartment community. The...

New Offering: ±16.7-Acres in Charlotte, NC | Noda Arts District | Transit-Oriented Infill Development Site

Download Offering Materials: Cultivate NoDa Capstone Land Sales is pleased to present the exclusive listing, Cultivate NoDa. The ±16.70-acre (±9.00 developable acres) land site is located in the NoDa Arts District of Charlotte, North Carolina, one of the fastest growing rental submarkets in Charlotte. The site also falls within one of only two Qualified Opportunity Zones in the Charlotte MSA, providing...

New Offering: Proven Value-Add | BTR like Community with 3.5% Assumable 10-Year Seller Financing | Hermitage TN

Download Offering Materials: The Village at Hermitage Capstone Apartment Partners is pleased to present The Village at Hermitage, a 78-unit, build-for-rent style apartment community in Hermitage, Tennessee. The Village at Hermitage is conveniently located along Lebanon Pike, a highly trafficked thoroughfare with immediate access to multiple retail and employment hubs. The current owner has implemented a...

Capstone Brokers ±6.58-Acre Luxury Apartment Development Site in Nashville’s Affluent Brentwood Submarket

NASHVILLE, TN—Capstone Land Sales has brokered the sale of a ±6.58-acre development site in Nashville’s affluent Brentwood submarket. Perched atop a hill on Stone Brook Drive, the site offers spectacular views of the city and excellent proximity to major area employers. Capstone’s Adam Klenk, Austin Heithcock, and Tyler Mayo facilitated a competitive marketing process on behalf of the seller, Mt....

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