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Capstone AP Brokers $9M Sale in Daytona Beach, FL

07

Oct

Capstone AP Brokers $9M Sale in Daytona Beach, FL

DAYTONA BEACH, FL — Capstone Apartment Partners recently brokered the $9,050,000 sale of Forestlake Apartments in Daytona Beach, FL. After an extremely competitive bidding process Capstone client, Harbor Group, awarded and sold the 1980s vintage property for $61,986 per unit to Timberland Partners.

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Capstone Offering: Excellent 11%+ Year 1 Cash-on-Cash Returns

24

Sep

Capstone Offering: Excellent 11%+ Year 1 Cash-on-Cash Returns

Northwood Apartments offers buyers a highly performing, mid-80’s vintage, turn-key asset nestled between the Winston-Salem and Statesville MSAs. Northwood Apartments presents a compelling opportunity to acquire an ideally positioned asset with significant recent capital improvements. The property delivers excellent return metrics in a high growth corridor with an emerging job story.

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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.

04

Nov

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