Capstone Closes $39 Million Sale of 416-Unit Apartment Asset in Memphis, TN

Capstone Apartment Partners has facilitated the $39 million sale of Cedar Run: a 416-unit multi-family asset in Memphis, Tennessee. Closing at $93,750 per unit, this transaction sets the new record price per unit in the 38115 zip code.

New Offering: Recently Updated and Fully Occupied Workforce-Oriented Asset | Memphis, TN

Download Offering Materials: Latham Heights Capstone Apartment Partners is pleased to present Latham Heights: a 36-unit community in Memphis, Tennessee. This asset has undergone two phases of renovation—the first in 2017 and the second in 2020—with current ownership focusing on exterior capital improvements and converting the existing office to a...

New Offering: 40-Home Single-Family Rental Portfolio in Growing Tennessee Market | 8%+ CAP Rate

Download Offering Materials: Maple 40 Capstone Apartment Partners is pleased to present: Maple 40, a 40-property, single-family rental home community in Humboldt, Tennessee. Constructed between 1940-1947, the asset represents an exciting opportunity to purchase a fully leased portfolio where rental inventory is scarce. The community would immediately benefit from more...

New Offering: Value-Add Opportunity with $200 Rental Upside | Cookeville, TN

Download Offering Materials: Cambridge Apartments  Capstone Apartment Partners is pleased to present Cambridge Apartments: an 80-unit, 1995-constructed multi-family asset in Cookeville, Tennessee. Located adjacent to Highway 111, the property offers immediate access with minimal commutes to primary employers and economic drivers of Putnam County. Current ownership has completed exterior renovations...