{"id":8372,"date":"2022-10-28T16:28:13","date_gmt":"2022-10-28T20:28:13","guid":{"rendered":"https:\/\/www.capstone-companies.com\/?p=8372"},"modified":"2023-06-04T01:36:47","modified_gmt":"2023-06-04T05:36:47","slug":"new-offering-nashville-tn-rare-motel-to-apartment-conversion-opportunity","status":"publish","type":"post","link":"https:\/\/www.capstone-companies.com\/new-offering-nashville-tn-rare-motel-to-apartment-conversion-opportunity","title":{"rendered":"New Offering: Nashville, TN | Rare Motel to Apartment Conversion Opportunity"},"content":{"rendered":"<p><em>Download Offering Materials: <a href=\"https:\/\/listings.capstone-companies.com\/offering-info\/1140\/1\/\"><strong>The Wallace Studios<\/strong><\/a><\/em><\/p>\n<p>Capstone Apartment Partners is pleased to present <em><strong>The Wallace Studios<\/strong>,<\/em> 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.\u00a0 The lower construction and redevelopment costs allow developers to provide workforce housing without incurring the expenses that exist with ground-up construction while potentially benefiting from assistance provided by the Metro Government of Nashville, who have demonstrated heavy interest in providing much-needed workforce living options. The incredible accessibility to the employment nodes of downtown Nashville and the Southeast submarket, in addition to the strength of the surrounding multi-family fundamentals, make the Wallace Studios an appealing investment opportunity.<\/p>\n<p style=\"text-align: center;\"><em>Investment Highlights<br \/>\n<\/em>Rare Hotel-to-Apartment Redevelopment Opportunity<br \/>\nNeed for Affordable Housing in Nashville MSA<br \/>\nUnbeatable Accessibility to Major Thoroughfares<\/p>\n<p style=\"text-align: center;\">\n","protected":false},"excerpt":{"rendered":"<p>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.\u00a0 The lower [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,38],"tags":[63,3,111,7,148,9,357,51,13,21,67,201,110],"career_taxtonomy":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/posts\/8372"}],"collection":[{"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/comments?post=8372"}],"version-history":[{"count":1,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/posts\/8372\/revisions"}],"predecessor-version":[{"id":22300,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/posts\/8372\/revisions\/22300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/media\/8373"}],"wp:attachment":[{"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/media?parent=8372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/categories?post=8372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/tags?post=8372"},{"taxonomy":"career_taxtonomy","embeddable":true,"href":"https:\/\/www.capstone-companies.com\/wp-json\/wp\/v2\/career_taxtonomy?post=8372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}