News

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 Manufactured Housing Brokers $4.75M Sale in Jacksonville, FL

22

Sep

Capstone Manufactured Housing Brokers $4.75M Sale in Jacksonville, FL

JACKSONVILLE, FL — Capstone Manufactured Housing is pleased to announce the sale of the Jamestown Estates MHP in Jacksonville, FL. Affordable Communities Group sold the 180-lot asset to Summit Communities in an off-market transaction for $4,750,000, or $26,389 per lot and $43,578 per occupied lot. Summit Communities owns multiple manufactured housing assets, and currently has a strong presence in the Jacksonville market.

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Capstone Offering: Stabilized Asset in Thriving Tampa Bay MSA

10

Sep

Capstone Offering: Stabilized Asset in Thriving Tampa Bay MSA

Capstone Apartment Partners is pleased to present Lake Tarpon Apartments: a 40-unit multi-family community in Palm Harbor within Pinellas County, Florida’s most densely populated county. The community was built in 1970 with concrete block construction and features a desirable unit mix of spacious one and two bedroom units. This offering presents the opportunity to acquire a stabilized, well-maintained 55+ community with continued rental upside and a full amenities package.

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New Offering: 66-Unit Gated Townhome Community in Nashville MSA

Click Here for Offering Materials: Peacher’s Mill Court Townhomes Capstone Apartment Partners is pleased to present Peacher’s Mill Court Townhomes, an apartment community located in growing Clarksville, Tennessee. The 66-unit complex offers prospective owners a proven value-add opportunity, as 19 units have been fully renovated and are capturing rent premiums of $375. The property can […]

04

Dec

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