MURFREESBORO, TN— Capstone Companies is pleased to announce the $15.44M sale of Farmhouse Downs at Murfreesboro, a ±222.5-acre development site permitted for 391 single-family detached lots located near John Bragg Hwy and S Rutherford Blvd in Murfreesboro, TN. At the time of the sale, the seller had acquired and completed the necessary plans, approvals, and permits, along with attaining an approved STEP...
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...
NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land site in the desirable Bellevue submarket of Nashville, TN. The 43.87-acre site, named Bend at Bellevue Park, is located on Morton Mill Rd. The site sits adjacent to a 51-acre park and greenway and is bordered on the east by the Harpeth River. Bend at Bellevue Park is slated for ±300 multifamily units. The Capstone...
NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land project in Nashville, TN. The 2.4-acre site is located at 2400 Clarksville Pike and has an existing building with a NNN lease in place and multiple sources of income. There are five years left on the lease. Capstone Investment Sales Advisor, Jordan Arand, facilitated the off-market sale, representing the seller, J Word...
LAKELAND, FL—Capstone Companies has brokered the $8.6M off-market sale of a multifamily development project along Airport Rd in Lakeland, FL. The shovel-ready, 29.3-acre site is slated for 300 multifamily units and was sold by Lindell Investments to Village Capital Corporation, an affiliate of the Pedcor Companies. The Pedcor Companies have been in the business of multifamily development, construction,...
NASHVILLE, TN—Capstone Companies has brokered the $4,150,000 sale of a multifamily development project in Nashville, TN. The 8.76-acre site is located at 839 West Trinity Lane and will be the future site of 79 three-story, Class A townhomes. The property, which is set some 180 feet above the Cumberland, will overlook the river with unparalleled views of Downtown Nashville and feature 3-bedroom and...
Asheville, NC—Capstone Companies has assembled the sale of a development project in Asheville, NC. The 16.7-acre, fully entitled site is located at 2177 Brevard Road and is slated for 319 units. The buyer is URS Capital (Managing Partner Chris Urso) partnered with PREG-Advantis and their construction arm; BCC Construction, Inc., a Florida based national Development and construction team led by Richard...
Download Offering Materials: Stonewood Hills Development Site Capstone is pleased to present the Stonewood Hills Development Site: the only by-right multi-family development site available in the South Tulsa/Broken Arrow submarket. The 26.38-acre site is well suited for a three or four-story surface-parked development up to approximately 495 units. However, the PUD has no height restriction. Located...
Download Offering Materials: The Community at 1980 Capstone is pleased to present The Community at 1980, a +13.8-acre development site located within the booming market of Huntsville, AL. The Community at 1980 offers a range of opportunities, including townhomes for-rent or for-sale, detached single-family homes, and garden-style apartments. The site's ideal location within the highly acclaimed...
Download Offering Materials: Jessamine at Mooresville Capstone Land Sales is pleased to present the Jessamine at Mooresville Development Site, a ±12.94-acre development site in a booming submarket of Mooresville, North Carolina and the greater Charlotte MSA. Jessamine at Mooresville is located in close proximity to all major employers, retail, and demand drivers in the area. Situated directly...
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...
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...
