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Capstone Apartment Partners is pleased to present Zimmer Park: a 100% occupied 144-unit Cardinal property in Columbus, OH. An incoming investor has the exciting opportunity to increase the already solid cash flow at Zimmer Park by simply bringing current rents to a fair market rate: immediate competitors’ rents average $70 more per unit. While the property is 100% occupied, current ownership has not focused on increasing rents, leaving a rare opportunity to come in and immediately boost cash flow. Zimmer Park is also located in a convenient area of Columbus with direct access to Columbus’ major employment, retail, and entertainment districts. Lastly, the Columbus multi-family market is one of the strongest and most sought after in the Midwest, and this 144-unit property is an ideal size for an investor to grow their current footprint, or break into the market for the first time.

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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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