CHESAPEAKE, VA — Capstone Companies has closed an $18.9M portfolio sale consisting of three properties—Crossroads Townhomes (1974), Bently Apartments (1986), and Elkhart Apartments (1985)—in the Chesapeake and Portsmouth submarkets of the Hampton Roads, VA MSA. The three properties total 202 units and are located within 2.5 miles of each other. Capstone’s transaction team of Ron Corrao, Eric...
GREENSBORO, NC — Capstone Companies has successfully facilitated the $13.5M off-market sale of Cottage Gardens, a 176-unit, 1960-constructed apartment community in the Eastside Park submarket of the Greensboro, NC MSA. The seller, a private firm based in North Carolina, kept the property exceptionally well maintained with very little exterior deferred maintenance. Capstone’s transaction team, led by...
Capstone is pleased to present our 2023 market report covering Greenville and Spartanburg, South Carolina. 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 Carolinas team: Ron Corrao Eric Liebich Josh Greenwald Scott Fuller Matt...
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...
Download Offering Materials: Morris Landing at Surf City Development Site Capstone is pleased to present the Morris Landing at Surf City Development Site, a 22.8-acre, zoned and entitled multi-family site located in Holly Ridge, North Carolina. Morris Landing at Surf City is approved for 70 build-for-rent or build-for-sale units by-right. The project presents developers with the rare opportunity to acquire...
Download Offering Materials Capstone is pleased to present the Skycrest Townhomes Development Site, a ± 5.17-acre, zoned and entitled site located in Raleigh, North Carolina that is approved for 70 infill Build-To-Rent or For-Sale townhomes by-right. This development site in Raleigh's North Hills submarket presents developers with the rare opportunity to acquire a fully approved site in the second...
Download Offering Materials: Triad Village Development Site Capstone is pleased to introduce the Triad Village Development Site, a ±30.93-acre mixed-use development site opportunity located in Greensboro, North Carolina that is zoned and entitled for apartments and retail. The site is a prime development opportunity for developers seeking to capitalize on the thriving market of Greensboro. The project...
Download Offering Materials: The Landings at Doby Creek Development Site Capstone is proud to present The Landings at Doby Creek Development Site, a 3.07-acre, zoned, entitled, and shovel-ready multi-family site ideally located in the burgeoning University City submarket of Charlotte, North Carolina. The development site presents developers with the rare opportunity to acquire a shovel-ready site that...
