Download Offering Materials: Camper Village RV Park Capstone is pleased to present Camper Village RV Park, located in Dry Ridge, Kentucky. Strategically positioned off I-75, guests of the community have easy accessibility to Cincinnati and Lexington. I-75 sees an Annual Average Daily Traffic (AADT) of over 54,000 vehicles, and over the summer, there is significant transient traffic driven by the Ark...
Download Offering Materials: Garner Park Capstone is pleased to present Garner Park: a 1963 vintage, classic value-add asset in Pasadena, Texas a suburb of Houston. Garner Park (53 units) represents phenomenal potential to investors seeking entry into the resilient Southeast Houston multi-family market. In addition, Garner Park is currently being self-managed, which allows for upside in hiring a...
Multi-Family Sale: Capstone Brokers $9.24 Million Development Site in Deltona, FL Deltona, Florida - Capstone Companies, a leading multi-family investment sales brokerage firm, announced the successful sale of a development site in Deltona for $9.24 million. The site, located at the northeast corner of the intersection of Interstate 4 and State Road 472, sold by Trafalgar Holdings LLC to Village Capital...
Nashville, TN - Capstone brokers Adam Klenk, Austin Heithcock, and Jordan Arand have sold two multi-family properties in Tennessee for a combined total of over $32 million. The properties, The Oaks in Oak Ridge and The Arte in Clarksville, were sold on March 22, 2023, with The Oaks being acquired by Brightstone Capital and The Arte being acquired by Valor Residential. The Oaks, which was sold for $9.9...
HOBART, IN — Capstone Companies has facilitated the successful sale of the Kirby Manor Apartments: an 80-unit senior living (+55) apartment community located in Hobart, Indiana. The Capstone transaction team was led by Director of Multi-Family Investment Sales, Eric Liebich, and Investment Sales Advisor, Kevin Burns, who represented the seller through a fully marketed sales process. The Capstone team...
Download Offering Materials: Joplin Portfolio Capstone is pleased to present the Joplin Portfolio, consisting of four communities. This offering features 268 sites in the thriving Joplin, MO MSA. These communities are ideally positioned within a 20-mile radius of each other, providing immediate scaled entry into the area, as well as offering the opportunity to share staffing across the portfolio. Current...
Greensboro, NC—Capstone Companies has brokered the $9,000,000 sale of a ±13.61-acre development site in Greensboro, NC. The site is located at 829 Guilford College at the intersection of Guilford College Rd and Sapp Rd, directly adjacent to the Target-anchored Wendover Place Mall. The buyer is Raleigh, NC-based HHHunt, who will break ground later this year on a 360-unit, garden-style apartment...
Greenville, SC —Capstone Companies facilitated the sale of a ±5.04-acre development site in Greenville, South Carolina. The site consists of six parcels and is located at 130 Prospect Street just south of W Faris Rd, between I-185 and Hwy-81, and is adjacent to Prisma Health Greenville Memorial Hospital. The buyer, Lincoln Avenue Capital, is an affordable housing developer based out of Santa Monica,...
Download Offering Materials: The Annex Apartments Capstone is pleased to present a debt financing opportunity on behalf of Augustine Development Group (the “Developer”) for The Annex Apartments—a 143-unit multi-family development that includes a 480-space structured parking garage and 5,700 SF of ground-floor retail. The project will partially consist of a historic renovation, feature a new...
CHARLOTTE, NC — Capstone Companies announces the $15,000,000 sale of the Madison Park Apartments: a 132-unit multi-family apartment community constructed in 1980 and located in Shelby, North Carolina. Eric Liebich, Director of Multi-Family Investment Sales, and Ron Corrao, a Partner at Capstone, led the Capstone transaction team. They facilitated an off-market transaction between Southwood Realty, based...
Download Offering Materials: Brookfield at Crowders Mountain Development Site Capstone is pleased to present the Brookfield at Crowders Mountain Development Site, a ±47.59 acre, zoned and entitled site located in Gastonia, North Carolina that is approved for 306 residential units (106 detached | 200 attached). The recently approved re-zoning allows For-Sale and/or For-Rent (BTR) product by-right. The...
Download Offering Materials: The Exchange at Steele Creek Capstone is pleased to present The Exchange at Steele Creek. Construction is complete and the asset is working through final inspections with final C/O expected at the end of April / early May 2023. This garden-style apartment community with Class A finishes is comprised of 36 units consisting of one- and two-bedroom floorplans. Favorable...
