Click Here to View Offering Materials: Jackson Pointe
Capstone Apartment Partners is pleased to present Jackson Pointe Apartments: a 48-unit, townhome-style community located in the popular Highland Springs neighborhood of Richmond, Virginia, which represents a rare opportunity to acquire a highly desirable townhome-style asset in ideal proximity to downtown Richmond. As a result of recent additional capital improvements and the asset’s overall attractiveness, the property has experienced a substantial increase in EGI since implementing a value-add program and is continuing to trend higher. Jackson Pointe still possesses significant upside potential via operational improvements, implementation of a comprehensive utility savings program, and the opportunity to build an additional 70+ units on the property.
Existing Value Propositions
Largest 3-Bedroom Floorplan in Market
Operational Upside Through Water Submetering and Substantial Loss to Lease Recapture
10 Minutes from Richmond International Airport Job Corridor
Ability to Develop Additional 40+ Units