Capstone Apartments Partners facilitated the sale of two adjacent apartment communities in Charlotte’s burgeoning University City submarket. With a sale price of $125,750,000, this transaction marks the second largest multi-family sale by dollar amount in the Charlotte MSA in 2021.
Capstone has brokered the $5.8 million sale of a 41.64-acre multi-family development site along the banks of the Catawba River in the rapidly growing Charlotte suburb of Rock Hill, South Carolina. The project, dubbed Marvell Rock Hill, will bring 246 apartments and 72 single-family homes—all for rent—to Rock Hill over two phases.
Capstone Land Sales has closed the $2.75 million sale of a 9.93-acre affordable housing development site just north of Uptown Charlotte’s urban core at the highly visible interchange of E. Sugar Creek Rd and N. Tryon St.
Capstone Apartment Partners has closed the $79 million sale of Avalon Apartments: a 456-unit garden-style apartment community just off U.S. 17 in Wilmington, North Carolina.
Capstone Apartment Partners has closed the $14.9 million sale of Woodwinds Apartment Homes: a 144-unit garden-style apartment asset.
Capstone Apartment Partners has closed the $17,550,000 sale of Ambassador Court: a 192-unit garden-style apartment community in High Point, North Carolina. The seller completed $1 million worth of upgrades to the community since 2018,
Capstone Apartment Partners announces the $35.52 million sale of Walden Creek: a 240-unit garden-style apartment asset in Greenville, South Carolina. The community is ideally situated off Woodruff Rd, providing residents with easy access to an abundance of grocery, retail, dining, and entertainment establishments, as well as Interstates 85 and 385.
Capstone Land Sales has closed the $7.56 million sale of a 36.58-acre infill development site nestled between Arrowood Rd and I-485 in the burgeoning Steele Creek area of Southwest Charlotte.
Capstone Apartment Partners has closed the $5.35 million sale of Plantation Place: a 1980’s vintage, 112-unit garden-style apartment community in south Winston-Salem just off Interstate 40.
Capstone Apartment Partners has closed the $14 million sale of The Bluffs: a 144-unit apartment asset in Spartanburg, South Carolina.
Capstone Apartment Partners has closed the $34,175,000 sale of Stone Haven Pointe: a 264-unit apartment asset in the Charlotte suburb of Rock Hill, South Carolina just off Interstate 77 and US 21.
Capstone Apartment Partners has closed the $49 million sale of Vantage at Powdersville: a 288-unit garden-style apartment community situated on 22 acres in east Greenville, South Carolina at the intersection of Anderson Road and State Road 153.
