Download Offering Materials: Savannah Portfolio Capstone is pleased to present the Savannah Portfolio (Eleven-750 & The Flats @ Six Gateway), a hotel-to-apartment redevelopment opportunity located in Savannah, GA. Both properties currently operate as hotels. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing assets into a rental apartment...
SEATTLE, WA—Capstone Companies has closed the $3,250,000 sale of the Joyce Apartments: a 10-unit apartment community located in Edmonds, WA. Edmonds is a highly desirable residential area just 15 miles north of Seattle, WA, and boasts views of the Olympic Mountains and Puget Sound as well as a vibrant downtown. Capstone’s Evan McLeod and Chris Hardman sold the Joyce Apartments on March 17, 2023. Built...
Download Offering Materials: Five-41 Hotel to Multi-Family Conversion Capstone is pleased to present the Five-41 Hotel Conversion, a hotel-to-apartment redevelopment opportunity located in Jackson, TN. The property currently operates as a 129-unit Clarion Inn. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition an existing asset into a rental apartment community....
Download Offering Materials: College Hill Capstone is pleased to present College Hill, a rare and exciting opportunity to acquire a dynamic mixed-use property located in the heart of downtown Des Moines. Originally built in 1968, expanded and renovated in 2017, College Hill is comprised of 86 student/market-rate apartments and anchored by 44,408 square feet of life sciences commercial space. The commercial...
Download Offering Materials: Hunter's Chase Capstone is pleased to present Hunter’s Chase: a 128-unit apartment community in Parker, CO. Hunter’s Chase is currently under construction with a projected completion date in 2023. The property will feature Class A finishes that will put it amongst the top rental options in the market. Hunter’s Chase is located about 30 minutes south of Denver, with access...
Download Offering Materials: Retreat at Ragan Park Capstone is pleased to present Retreat at Ragan Park, a 144-unit property situated on ±33.58 acres that offers spacious one-, two-, and three-bedroom floor plans. The property wraps around a gorgeous spring-fed lake and features a leasing office, business center, pet play area, two swimming pools, lake access with fishing allowed, two racquetball courts,...
NASHVILLE, TN—Capstone has arranged the $35.5 million sale of The Falls at Mill Creek: a 204-unit apartment community in Nashville, Tennessee. Situated in southeast Nashville, one of the hottest submarkets in the city, The Falls at Mill Creek is exceptionally well-maintained and offers its new owners the opportunity to build upon the property’s success. Capstone represented both the seller, Alexander...
Download Offering Materials: The Ashton Capstone is pleased to present The Ashton: a 56-unit, 1978-vintage apartment community located in Olympia, WA. The Ashton offers an extremely well-maintained asset that benefits from significant recent capex and an in-place value-add program. With over $900,000 of recent interior and exterior capital expenditures, the value-add program will provide an excellent...
Download Offering Materials: Chisholm Pointe Duplexes Capstone is pleased to present Chisholm Pointe, a 216-unit under construction build-to-rent community located in the Chisholm Creek area of Oklahoma City, Oklahoma. The property offers a rare unit mix of one-bedroom, two-bedroom, and three-bedroom units, as well as featuring luxury Class A finishes and curated amenities. This property caters to the...
Download Offering Materials: Chisholm Pointe Duplexes Capstone is pleased to present Chisholm Pointe, a 216-unit under construction build-to-rent community located in the Chisholm Creek area of Oklahoma City, Oklahoma. The property offers a rare unit mix of one-bedroom, two-bedroom, and three-bedroom units, as well as featuring luxury Class A finishes and curated amenities. This property caters to the...
SAINT PETERSBURG, FL—Capstone has closed the $28,200,000 sale of The Metro: a 7-story, all studio furnished apartment community in St. Petersburg, Florida. The property’s $655 price per square foot set a multi-family sales record for Pinellas County. Capstone’s Jad Richa and Cameron Hooper sold The Metro on behalf of DevMar Development and procured the buyer, a private investor out of the state of...
Download Offering Materials: 1Thirty1 Motel Conversion Capstone is pleased to present the 1Thirty1 Motel Conversion, a motel-to-apartment redevelopment opportunity located in Charlotte, NC. The property currently operates as a 110-unit Motel 6. The motel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing asset into a rental apartment community. This allows...
