Download Offering Materials: Paris Avenue Townhomes On behalf of Equus Development (the “Sponsor”), Capstone Equity & Structured Finance is pleased to present a limited partner investment opportunity to support the development of Paris Avenue Townhomes: a to-be-built, 121-unit, build-to-rent townhome community on 11.1 acres located at the central intersection of Port Royal–Ribaut Road and Paris...
Download Offering Materials: Lake Placid MHC Development Capstone is pleased to present the Lake Placid MHC Development. This offering features a newly developed, age-restricted, 338-site community that spans 93 acres in Lake Placid, FL. The developer plans to deliver the Certificate of Occupancy (COO) at the time of closing, greatly benefiting a new owner. The community will be open for business, and...
Download Offering Materials: Pasadena Portfolio Capstone is pleased to present the Pasadena Portfolio: 1963 & 1962 vintage, classic value-add assets in Pasadena, Texas, a suburb of Houston. Garner Park (53 units) and Shaver Park (36 units) present phenomenal potential to investors seeking entry into the resilient Southeast Houston multi-family market. New ownership will be able to take advantage of...
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...
SEATTLE, WA—Capstone Companies has closed the $3,250,000 sale of the Joyce Apartments: a 10-unit apartment community located in Edmonds, WA. Edmonds is a highly desirable residential area just 15 miles north of Seattle, WA, and boasts views of the Olympic Mountains and Puget Sound as well as a vibrant downtown. Capstone’s Evan McLeod and Chris Hardman sold the Joyce Apartments on March 17, 2023. Built...
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....
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: College Hill Capstone is pleased to present College Hill, a rare and exciting opportunity to acquire a dynamic mixed-use property located in the heart of downtown Des Moines. Originally built in 1968, expanded and renovated in 2017, College Hill is comprised of 86 student/market-rate apartments and anchored by 44,408 square feet of life sciences commercial space. The commercial...
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...
