Indiana

Midwest 2023 Mid-Year Market Report

Capstone is pleased to share our 2023 mid-year market report for MSAs in Ohio and Indiana. The content of the report looks at each metro’s employment trends, economic development, multifamily data, and key metrics that affect the multi-family sector in these growing regions. For more information, please contact a member of our Midwest brokerage team: Stash Geleszinski Nathan Murphy Sherief...

New Offering: 88-Site MH Portfolio in Connersville, IN | Immediate Rental Upside & Public Utilities

Download Offering Materials: Eastern Indiana Portfolio Capstone is pleased to present the Eastern Indiana Portfolio consisting of 88 sites across two communities: Connersville North and Connersville South. These two communities are in Connersville, Indiana, which places them about an hour outside of Indianapolis, Dayton, and Cincinnati. Conveniently, they are located within 3 miles each other, allowing...

Capstone Closes 80-Unit Senior Living Apartment Community in Hobart, IN

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...

New Offering: LP Equity Investment Opportunity | PUD Multi-Family Development | Indianapolis MSA

Download Offering Materials: Farmhouse at Westfield Station On behalf of Front Street Partners (the “Sponsor”), Capstone is pleased to present an LP equity investment opportunity to capitalize the development of Farmhouse at Westfield Station, a 324-unit multi-family development located just south of downtown Westfield and only three miles north of downtown Carmel, Indiana. Situated on 24.1 acres...

New Offering: 53-Site MH Community in Chicago MSA | 92% Occupancy | All Resident-Owned Lot Rent Only

Download Offering Materials: Char El Mobile Home Park Capstone is pleased to present Char El, a 53-site manufactured housing community in the Chicago MSA. The community benefits from a wide variety of operational efficiencies, such as public utilities and a majority of lot rent only residents. Water, sewer, and trash are billed back to the residents, and in April, the community is increasing their trash...

New Offering: 47-Site MHC in Indiana | Public Utilities with Approved Expansion

Download Offering Materials: Fairview Village Capstone Manufactured Housing is pleased to present Fairview Village in Osgood, IN. This quaint community features 47 sites with the opportunity to add 19 additional sites through approved expansion. Fairview Village also benefits from public (recently sub-metered utilities), below-market rents, and the opportunity to infill the 9 remaining vacant sites. This...

New Offering: 198-Site Community in Muncie, IN | Public Utilities | Tremendous Upside

Download Offering Materials: White River Estates Capstone Manufactured Housing is pleased to present White River Estates, a 198-site community situated in Muncie, IN. This community provides a tremendous value-add opportunity for an incoming investor based on the current asset profile and supporting market demand and comps. Nearby Muncie communities, owned by some of the largest operators in the sector,...

New Offering: 49-Site Waterfront MHC in Hamilton, IN | Public Utilities | 100% Occupied | All Resident-Owned Homes

Download Offering Materials: Circle Park Capstone Manufactured Housing is pleased to present Circle Park, a 49-Site community located on Hamilton Lake in Hamilton, Indiana. The community features waterfront accessibility and 54 boat docks, which are rented to both residents and non-residents. Circle Park showcases several operational efficiencies, including all resident-owned homes and public utilities....

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