Capstone is pleased to share our 2023 Q1 market report for MSAs in the states of Tennessee, Kentucky, and Alabama. 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 Nashville and Huntsville brokerage...
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...
BOISE, ID—Capstone Companies, a nationwide leader in multifamily investment sales headquartered in Charlotte, North Carolina, is pleased to announce the expansion of the brokerage firm’s new regional office in Boise, ID. The new office is led by Investment Sales Advisor, Colton Yasinski, who has transacted hundreds of units in the Idaho market, including affordable LIHTC product, value-add...
CLARKSVILLE, TN — Capstone Companies has brokered the $3.3M sale of Crossland Manor: a 48-unit garden style multifamily apartment community constructed in 2008 and located in Clarksville, Tennessee. Capstone Director, Austin Heithcock, led the Capstone transaction team along with Partner, Adam Klenk, and Investment Sales Advisors, Jordan Arand and Josh White. They facilitated the sale between...
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: Atlanta MSA MHP Capstone is pleased to present a 40-site community located in Cartersville, GA. This turn-key community is conveniently located in the Atlanta MSA, which has ranked 8th among the fastest-growing cities in the country. More specifically, Cartersville is a short drive north of Atlanta and provides residents with gateways to the metro area, as well as popular...
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: Sage Rock Apartments Capstone is pleased to present the Sage Rock Apartments, a 17-unit property located in Kerrville, Texas situated in the beautiful Texas Hill Country. Built in 1941, Sage Rock represents a rare opportunity for investors to acquire a multifamily asset in Kerrville while limited stock is on the market. Sage Rock resides in a Tax Increment Reinvestment Zone...
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: Forty West & Merry Oaks Portfolio Capstone is pleased to present the Forty West & Merry Oaks Portfolio, a combined 38-unit apartment portfolio located near downtown Nashville, TN. Current ownership has renovated over 50% of the units at each property, providing investors the unique opportunity to complete renovations and quickly increase the value of the property....
Download Offering Materials: The Oak Avenue Apartments Capstone Apartment Partners is pleased to present The Oak Avenue Apartments, a 16-unit property located in Pasadena, Texas, a suburb of Houston. Built in 1967, The Oak Avenue Apartments represents a rare opportunity for investors to break into the resilient Southeast Houston multifamily market. This is truly a unique offering due to the potential for...
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...
