Capstone is pleased to present the 2023 Tennessee Multifamily Expense Survey. We want to give 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 to provide...
Download Offering Materials: City View Apartments Development Site Capstone is pleased to present the City View Apartments Development Site, a ±16.26-acre multi-family zoned site in the Loudon County submarket of Knoxville, Tennessee. The development site is well-positioned to serve Class A tenants or an affordable development such as LIHTC. Located just off Highway 321 (20,950 VPD), future residents will...
Download Offering Materials: Savannah Portfolio Capstone is pleased to present the Savannah Portfolio (Eleven-750 & The Flats @ Six Gateway), a hotel-to-apartment redevelopment opportunity located in Savannah, GA. Both properties currently operate as hotels. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing assets into a rental apartment...
Download Offering Materials: Henry Flats at Ford BlueOval Capstone is pleased to present the Henry Flats at Ford BlueOval Residential Development Site, an 8.60-acre, fully zoned and entitled parcel located in Brownsville, Tennessee. Henry Flats at Ford BlueOval is approved for a ±94-unit multi-family community with a full amenity set and on-site utilities, including water, sewer, electric, and gas. The...
Download Offering Materials: Maryville Flats Development Site Capstone is pleased to present the Maryville Flats Development Site, a ±8.43-acre development site in Maryville, Tennessee. Maryville Flats has successfully gone through the Board of Zoning Adjustment and has been approved for multi-family zoning at 12 units per acre, totaling ±102 units. The development site is located in close proximity to...
Download Offering Materials: Five-41 Hotel to Multi-Family Conversion Capstone is pleased to present the Five-41 Hotel Conversion, a hotel-to-apartment redevelopment opportunity located in Jackson, TN. The property currently operates as a 129-unit Clarion Inn. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition an existing asset into a rental apartment community....
NASHVILLE, TN—Capstone has arranged the $35.5 million sale of The Falls at Mill Creek: a 204-unit apartment community in Nashville, Tennessee. Situated in southeast Nashville, one of the hottest submarkets in the city, The Falls at Mill Creek is exceptionally well-maintained and offers its new owners the opportunity to build upon the property’s success. Capstone represented both the seller, Alexander...
Capstone is pleased to share our 2022 mid-year market report for major markets in the states of Tennessee, Kentucky, and Alabama.
