NASHVILLE, TN — Capstone Companies has brokered the sale of The Wallace Studios, a motel conversion project located at 97 Wallace Road in Nashville, to AGB Real Estate and its partners. AGB Real Estate, in partnership with SL Cap and RBSR, LLC, celebrates their fourth motel conversion project together. Founded by local developer Adam Rosenberg, AGB Real Estate has gained a reputation for taking...
NASHVILLE, TN — Capstone Companies has brokered the $12.05M off-market sale of Red Lion Inn & Suites: a 120-unit motel conversion project located at 2425 Atrium Way in Nashville, TN. Capstone Senior Advisor, Austin Heithcock, Capstone Partner, Adam Klenk, and Investment Sales Advisors, Jordan Arand and Josh White facilitated the sale between Focus Hospitality III, the seller, and Creative...
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: 1Thirty1 Motel Conversion Capstone is pleased to present the 1Thirty1 Motel Conversion, a motel-to-apartment redevelopment opportunity located in Charlotte, NC. The property currently operates as a 110-unit Motel 6. The motel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing asset into a rental apartment community. This allows...
Download Offering Materials: Nine-99 Motel Conversion Capstone is pleased to present the Nine-99 Motel Conversion, a hotel-to-apartment redevelopment opportunity located in Frederick, MD (Washington, D.C. MSA). The property currently operates as a 158-key Motel 6. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing asset into a rental apartment...
Download Offering Materials: 24Harding Motel Conversion Opportunity Capstone Apartment Partners is pleased to present the 24Harding Motel Conversion Opportunity, a hotel redevelopment opportunity located in Nashville, Tennessee. Currently operated as a 124-key independent hotel, the asset presents an exceedingly rare opportunity to reposition the existing property into a rental apartment community. The...
