NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land project in Nashville, TN. The 2.4-acre site is located at 2400 Clarksville Pike and has an existing building with a NNN lease in place and multiple sources of income. There are five years left on the lease. Capstone Investment Sales Advisor, Jordan Arand, facilitated the off-market sale, representing the seller, J Word...
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 $4,150,000 sale of a multifamily development project in Nashville, TN. The 8.76-acre site is located at 839 West Trinity Lane and will be the future site of 79 three-story, Class A townhomes. The property, which is set some 180 feet above the Cumberland, will overlook the river with unparalleled views of Downtown Nashville and feature 3-bedroom and...
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: 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....
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 Companies, based in Charlotte, North Carolina, is pleased to announce the launch of the brokerage firm’s new regional office in Huntsville, Alabama.
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...
Capstone is pleased to share our 2022 mid-year market report for major markets in the states of Tennessee, Kentucky, and Alabama.
NASHVILLE, TN—Capstone Land Sales has brokered the sale of a ±6.58-acre development site in Nashville’s affluent Brentwood submarket. Perched atop a hill on Stone Brook Drive, the site offers spectacular views of the city and excellent proximity to major area employers. Capstone’s Adam Klenk, Austin Heithcock, and Tyler Mayo facilitated a competitive marketing process on behalf of the seller, Mt....
Download Offering Materials: The Wallace Studios Capstone Apartment Partners is pleased to present The Wallace Studios, a temporarily branded hotel redevelopment opportunity located in Nashville, Tennessee. Currently operated as a 124 key Americas Best Value Inn, the asset presents an exceedingly rare opportunity to reposition the existing property into a rental apartment community. The lower...
Capstone Land Sales has facilitated the sale of a mixed-use development site in Nashville’s rapidly developing Bordeaux neighborhood.
