Tennessee

New Offering: Low-Basis Attainable Housing Opportunity | Jackson, TN | 129 Units

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....

Capstone Closes $35.5 Million Sale of 204-Unit Apartment Community in Nashville, TN

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...

New Offering: LIHTC Community in the Nashville MSA | 2008 Construction

Download Offering Materials: Crossland Manor Capstone is pleased to present Crossland Manor, a 48-unit garden-style multi-family asset located in Clarksville, TN. Crossland Manor operates in conformance as a Low-Income Housing Tax Credit (LIHTC) project, limiting all units to 50% or 60% AMI, depending on the unit type. Participation in this affordable program ensures investors are acquiring a high-quality...

New Offering: Fully Entitled ±99-Unit Development Site in the Southside | Chattanooga, TN

Download Offering Materials: The Flats at Sculpture Park Development Site Capstone is pleased to present The Flats at Sculpture Park Development Site, which includes five parcels totaling ±1.04 acres of developable land in the immensely popular Riverside submarket of Chattanooga. The site offers new ownership the opportunity to acquire a fully entitled tract of land suitable for ±99 apartment units. The...

New Offering: 42-Unit Proven Value-Add Asset Located in Desirable Chattanooga Submarket

Download Offering Materials: The Garden Apartments Capstone Apartment Partners is pleased to present The Garden Apartments, a 42-unit apartment community in Chattanooga, Tennessee. The Garden Apartments benefits from its location along Dayton Boulevard, providing residents immediate access to multiple retail amenities in the Red Bank area as well as the largest employers in the Chattanooga MSA, such as...

New Offering: In-Place 10+ Cap | Low-Basis Workforce Housing Redevelopment Opportunity | Nashville, TN

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...

New Offering: Proven Value-Add | BTR like Community with 3.5% Assumable 10-Year Seller Financing | Hermitage TN

Download Offering Materials: The Village at Hermitage Capstone Apartment Partners is pleased to present The Village at Hermitage, a 78-unit, build-for-rent style apartment community in Hermitage, Tennessee. The Village at Hermitage is conveniently located along Lebanon Pike, a highly trafficked thoroughfare with immediate access to multiple retail and employment hubs. The current owner has implemented a...

New Offering: Nashville, TN | Rare Motel to Apartment Conversion Opportunity

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...

New Offering: 377-Unit Value-Add Opportunity with $200± Effective Rent Premiums | West Knoxville, TN

Download Offering Materials: The District Capstone Apartment Partners is pleased to present The District: a 377-unit apartment community in Knoxville, Tennessee. The District is conveniently located directly off I-40, minutes from the premier retail and office hubs in the highly desirable West Knoxville submarket. The West Knoxville submarket has seen an impressive 17.5%+ rent growth over the past year,...

80 Units with Proven Value-Add and Additional Developmental Potential | Oak Ridge, TN

Capstone Apartment Partners is pleased to present The Oaks, an 80-unit apartment community located in Oak Ridge, Tennessee. Situated in one of the leading submarkets of Knoxville, The Oaks is poised to capitalize on the robust demographics of Oak Ridge and the 15% year-over-year historic rent growth in the submarket. The Oaks is well-positioned as the closest multi-family asset to the Oak Ridge National...

New Offering: 7.7-Acre Development Site Along Dickerson Pike Corridor | Nashville, TN | ±240 Units

Download Offering Materials: Dickerson Pike Development Site Capstone Land Sales is pleased to offer The Dickerson Pike Development Site located along the bustling Dickerson Pike corridor in Nashville. This ±7.67-acre site benefits from close proximity to multiple employment nodes and amenities offered from Downtown Nashville as well as the Madison Submarket. The surrounding neighborhood, along Dickerson...

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