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Capstone Apartment Partners is pleased to offer the opportunity to acquire Arcadian Village: a 348-unit townhome and garden-style apartment community located in Charlotte’s next transit-oriented neighborhood.

Arcadian Village offers an extremely well-maintained asset that has benefitted from significant capex and an in-place value-add program. As a testament to current ownership, the property has maintained an average 97%+ occupancy rate with only 30%± turnover rate since 2013—providing an excellent foundation for new ownership.

With the majority of the heavy lifting complete and a value-add program in place, incoming investors can immediately focus on driving NOI growth on renovated units and enhancing the interior renovations and community features.

 

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Q2 2020 Atlanta Market Report from Capstone Apartment Partners

Capstone Apartment Partners is pleased to share our Q2 2020 market report for Atlanta, GA. The content of the report aims to quantify the effects of the COVID-19 pandemic on the multi-family apartment sector. Click below to view the most recent report. We hope that you find this report useful and insightful! Click Here to […]

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