Capstone Apartment Partners is proud to present The Clemons Lofts: a fully renovated and repurposed historic mid-rise multi-family building in the heart of downtown Chattanooga, Tennessee. Originally built in 1918 as an office headquarters for a well-known furniture business, the 6-story iconic Clemons building was carefully restored recently into what is now perhaps the most unique and thriving mixed-use development downtown.

Investment Highlights

‘Live, Work, Play’ Location Offers Unmatched Quality of Life and Walkability
Built-in Upside with Below Market Rents and Operational Value-Add
Opportunity to Lease Street-Level Retail for $70,000 in YR1 Upside
Adjacent $88M Westin Hotel Mixed-Use Development & Much More
Adaptive Reuse with Distinctive Units and Superior Amenity Offerings
The Most Explosively Growing Location in the Chattanooga MSA

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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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