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Capstone Apartment Partners is pleased to present Willowdaile Apartments: a retail adjacent asset in the premier location in a submarket that offers immediate, substantial value-add upside to new ownership. Located within walking distance to a Harris Teeter anchored retail center, freestanding Starbucks, and other national retailers, Willowdaile is exceptionally positioned with easy access to the Raleigh-Durham MSA’s main employment nodes, retail, and recreational outlets, including Downtown Durham, Research Triangle Park, Duke University, as well as several primary medical installations. Sitting squarely within the path of growth in Durham, Willowdaile’s submarket is experiencing greater organic rent growth than elsewhere in the Triangle; thus, providing investors with a uniquely positioned asset that is primed to continue its upward trend of organic and forced NOI growth.

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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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