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Capstone Apartment Partners is pleased to present Royal Sentry Apartments, an 84-unit apartment community centrally located in the Westwood neighborhood of Cincinnati, Ohio. Current ownership has spent over $110,000 on capital improvements to cure deferred maintenance, while maintaining solid cash flow at the property. An incoming investor can build on this by further increasing cash flow, absorbing the loss-to-lease on existing leases, as well as signing renewals and new leases at market rates currently being achieved at the property. Additionally, Royal Sentry is centrally located within Cincinnati and has excellent access to local employment centers and neighborhood amenities. Cincinnati is also one of the strongest apartment markets in the Midwest, and has a diversified economy supported by consistent employment growth, which, in turn, has fostered strong demand and consistent rent 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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Nov

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