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The Nebraska portfolio consists of two properties: Broken Bow Estates and Sunrise Village. These parks are approximately 4 hours apart—Broken Bow is in central Nebraska while Scottsbluff is adjacent to the Wyoming border in western Nebraska. The parks are well-positioned within their respective markets, and demonstrate attractive investment opportunities through proximity to the major economic demand drivers and travel arteries in the region. Over 90% of the total sites are occupied by resident-owned homes, which greatly reduces repairs, maintenance, and operational oversight. These parks present the unique opportunity to acquire well-maintained, turnkey assets with operational and physical value-add potential. 

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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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