Capstone Closes $9.3 Million Sale of QOZ Apartment Asset in Charlotte

CHARLOTTE, NC—Capstone Apartment Partners has brokered the $9.3 million sale of Kingspark Apartments: a 110-unit garden- and townhome-style apartment community located in west Charlotte, North Carolina. The property is situated in a Qualified Opportunity Zone off West Blvd near Carolina Golf Club, less than three miles from Uptown. Ron Corrao,...

New Offering: 100% Occupied HAP Contract Asset Now Available | 35 Units in Akron, OH

Click Here to View Offering Materials: Nela Manor Capstone Apartment Partners is pleased to present the Nela Manor Apartments—a 35-unit affordable asset with a 20-year HAP contract. The HAP contract provides guaranteed rental income from the U.S. Department of Housing and Urban Development (HUD), and the monthly rate is well above...

Capstone Arranges $77.5 Million Sale of 6-Property Apartment Portfolio in Charlotte, NC

Capstone Apartment Partners has arranged the $77.5 million sale of a six-property, 895-unit portfolio located in Charlotte, NC. The off-market transaction represents the largest portfolio sale of 2019 for the Charlotte market and presented a rare acquisition opportunity by its longtime local owner, whose 30+ year ownership of the portfolio...

Capstone Manufactured Housing Arranges $23 Million Sale of 5-Park Portfolio in Charlotte, NC

Capstone Manufactured Housing has recently closed the $23 million sale of the Charlotte Portfolio: a five-property mobile home portfolio located in the greater Charlotte area. The portfolio consists of a total of 519 developed mobile home sites and 30 efficiency apartments each within 30 minutes of Charlotte CBD.

Capstone Manufactured Housing Brokers Sale of 319-Site Asset in San Antonio, TX

Capstone Manufactured Housing has closed the sale of Crescent Place: a large, amenity-rich manufactured housing community for an undisclosed price. The gated community consists of 319 sites on over 60 acres and is ideally located less than 10 miles from downtown San Antonio.