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Capstone Apartment Partners is pleased to present Stone Gables: a 192-unit, Class "A" multi-family community in the most highly coveted submarket of the Fayetteville MSA, which represents an excellent opportunity to acquire an institutional-quality asset, with a high leverage assumption, and multiple avenues to grow NOI in the immediate term. From an investment standpoint, investors will have the ability to assume the existing, long term, non-recourse agency financing currently in place at a uniquely high leverage point, affording the ability to maximize cash returns going in, with significant built-in upside immediately available.

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Capstone Closes $16.9 Million Sale of 299-Unit Apartment Community in Greensboro, NC

Capstone Apartment Partners has closed the $16.9 million sale of Brannon Park: a 299-unit garden-style apartment community in the Northeast Greensboro submarket, situated within one mile of two grocery stores, several restaurants, and retail outlets. The tree-lined property sits on nearly 24 acres, with 13 three-story apartment buildings nestled around a small lake.

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Nov

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