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Capstone Brokers $1.85M Sale of 40-Unit Apartment Community in Indianapolis, IN

INDIANAPOLIS, IN— Capstone Companies is pleased to announce the successful closing of the Oxford Terrace Apartments. Now renamed City Vista Apartments, the 40-unit garden-style community was constructed in 1986 and is located in the vibrant Martindale-Brightwood neighborhood of Indianapolis, IN. Under the expert guidance of Capstone's brokerage team—Investment Sale Advisors, Kevin Burns and David...

Capstone Brokers $9M Land Site in Heart of Uptown Charlotte, NC’s Fourth Ward Historic District

CHARLOTTE, NC —Capstone Companies is pleased to announce the successful $9,000,000 closing of the Graham & 6th Street  Urban Infill Development Site in Charlotte, North Carolina. The ±1.64-acre infill urban core development site, located at 420 W 6th Street, marks a significant milestone in the city's ongoing growth efforts. Strategically situated in the heart of Uptown Charlotte’s Fourth Ward...

Capstone Brokers $14.35M Sale of Value-Add Portfolio in Greensboro, NC

GREENSBORO, NC — Capstone Companies is pleased to announce the off-market, $14.35M sale of the Greensboro Value-Add Portfolio comprised of three 1960s-vintage multifamily properties, totaling 232 units. Communities involved in the sale include: New Garden Apartments (76 units, 1969 YOC), Alexander Apartment Homes (40 units, 1961 YOC), and Lincoln Grove (116 units, 1961 YOC). The Capstone Carolinas...

Capstone Brokers $4.1M Sale of Wake Forest Apartment Community

WAKE FOREST, NC — Capstone Companies is pleased to announce the off-market, $4.1M sale of Creekside Apartments, a 38-unit apartment community located in Wake Forest, North Carolina along S Franklin St. The 2001-constructed property contains two- and three-bedroom units and was 95% occupied at time of sale. The property is poised for a value-add initiative, furthering the appeal of the community to...

Capstone’s Oklahoma Teams Expand with Two New Experienced Brokers

OKLAHOMA — Capstone is pleased to announce the newest members of its sales team in Oklahoma: Ryan Gorman, who joins as a Director based in Tulsa, and Dominic Dangora, who takes on the role of Senior Advisor at Capstone's Oklahoma City office. Gorman, a seasoned professional in commercial real estate since 2016, brings a wealth of experience to Capstone's sales team. His impressive career includes a...

Capstone Brokers $4.12M Sale of Affordable Housing Development Site in Charlotte, NC

CHARLOTTE, NC—Capstone Land Sales has facilitated the $4.12 million sale of a 12.71-acre affordable housing development site just west of Uptown Charlotte’s urban core. Tucked between the rapidly growing Freedom Drive corridor and Ashley Park, the site is situated at the intersection of Alleghany St and Ashely Rd, where the site benefits from being located in both a Qualified Opportunity Zone (QOZ) and...

Capstone Brokers Sale of Lexington, KY Garden-Style Apartment Community

LEXINGTON, KY — Capstone Companies is pleased to announce the successful on-market sale of Rand at Lansdowne, a distinguished 1968-construction garden-style multifamily apartment community located in Lexington, KY, consisting of 143 units spread across 5.82 acres. Under the guidance of Capstone Partner Adam Klenk, alongside Austin Heithcock, Jordan Arand, Josh White, Blake Wiser, and Quentin Nichols,...

Capstone Brokers Sale of 120-Unit Apartment Community in Lexington, NC

LEXINGTON, NC — Capstone Companies is pleased to announce the successful sale of Fairview Village, a 120-unit apartment community located in Lexington, North Carolina. Constructed in 1974 within the rapidly growing submarket of Davidson, the property has been very well-maintained by previous ownership, who invested significantly in targeted capital expenditures over the past few years. With an impressive...

Capstone Announces New Leadership for its Manufactured Housing/RV Team

SAN DIEGO, CA | JANUARY 2024 — Capstone Companies is pleased to announce new leadership of its Manufactured Housing/Recreational Vehicle (MH/RV) brokerage team. Capstone remains committed to its industry leading presence in the MH/RV space and is confident in the team's ability to continue driving success in the market. Capstone’s MH/RV team is now led by Managing Director, Tanner Byers, an industry...

Capstone Brokers Sale of Newly Constructed 96-Unit Luxury BFR Community in Huntsville, AL

HUNTSVILLE, AL — Capstone Companies has successfully brokered the sale of St Andrews Villas: a newly constructed build-for-rent style, 96-unit luxury apartment community in Huntsville, AL. The community is unique in that all units are one level, providing residents with private, easily accessible space with a personal one-car garage. Each villa is comprised of a 2-bedroom, 2-full bathroom configuration...

Alabama and Georgia Q4 2023 Market Report

Capstone is pleased to present our Alabama and Georgia Q4 2023 Market Report. This comprehensive report delves into the region's employment trends, economic development, multifamily data, and essential metrics shaping these markets. For more information, please contact a member of our Atlanta team: Jake Reid Chad DeFoor Corey Ashbourne Click Here to View and Download the...

2023 Multifamily South Carolina Expense Survey

Capstone is pleased to present the 2023 Multifamily South Carolina Expense Survey Report. We want to give a special thanks to all the property owners and managers who placed their trust and confidence in us to provide this report. The best investment decisions are made based on a thorough understanding of the facts; ultimately, the more facts you can verify, the more you reduce your risk. This report aims...

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