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...
Capstone Expands Further West with Addition of New Office in Seattle SEATTLE, WA—Capstone Companies is pleased to announce the launch of its new Seattle brokerage office specializing in the exclusive listing and selling of multi-family properties across the Pacific Northwest. The team will be led by Managing Director, Evan McLeod, and Director, Chris Hardman, who bring over a decade of apartment...
Today we’re launching a new logo, as we start to refresh our look in general. We loved our old logos (yes, plural), and look, and they served us well. However, in its 15-year history Capstone has grown from proud entrepreneurial roots to a nationwide leader in multi-housing investment. This logo and refreshed look builds on our past, reflects who we are today, and symbolizes our future. We worked...
Download Offering Materials: The Lodge Capstone Apartment Partners is pleased to present The Lodge: a 69-unit garden-style multi-family community located in Stillwater, Oklahoma. Offering an excellent opportunity to acquire a recently renovated property, The Lodge is unmatched in its direct access to Boone Pickens Stadium and Gallagher Iba Arena, as well as being located within walking distance of Oklahoma...
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...
The Multi-Family 2023 Opportunities Outlook: Cautious Optimism in 2023 Written by Capstone Partner, Adam Riddle Conflicting highs and lows, that’s been the general theme for 2022. Inflation is up but unemployment is down. Rental rates have increased but rent growth has decreased. Fears of a recession have risen, although economic growth remains strong. The post-pandemic picture has been nothing but...
Capstone Land Sales has closed the $8.9 million sale of a ±21.34-acre development site located just west of Uptown Charlotte near the intersection of Marlowe Ave and Weyland Ave in the rapidly growing Ashley Park corridor.
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...
Download Offering Materials: Copper Leaf Apartments Capstone Apartment Partners is pleased to present Copper Leaf Apartments: an 87-unit garden style community located in Omaha, NE. Built in 1978, Copper Leaf has been well-maintained and sits in an exceptional location, five minutes south of Midtown and across the street from the Omaha VA Medical Center. Omaha has emerged as a location of choice for...
Download Offering Materials: Copper Leaf Apartments Capstone Apartment Partners is pleased to present Copper Leaf Apartments: an 87-unit garden style community located in Omaha, NE. Built in 1978, Copper Leaf has been well-maintained and sits in an exceptional location, five minutes south of Midtown and across the street from the Omaha VA Medical Center. Omaha has emerged as a location of choice for...
Download Offering Materials: Chisholm Creek Duplexes Capstone is pleased to present the Chisholm Creek Duplexes: a 60-unit build-for-rent duplex community currently under construction in Oklahoma City, Oklahoma. Following its completion in early 2023, the new development will allow new ownership to enjoy minimal maintenance and enable them to focus on lease-up and pushing rents. The build-for-rent asset...
Download Offering Materials: Settlers Ridge Capstone Apartment Partners is pleased to present Settlers Ridge, a fully affordable 64-unit garden-style multi-family asset located in Urbana, OH. Settlers Ridge operates in conformance as a Low-Income Housing Tax Credit (LIHTC) project, limiting all units to 42% AMI caps. Participation in this affordable program ensures investors are acquiring a high-quality...
