News

Capstone Apartment Partners Brokers $8.4 Million Trade

31

Dec

Capstone Apartment Partners Brokers $8.4 Million Trade

Federal Housing Solutions has purchased the 192-unit Hardee Terrace apartments for $8.4 million. Built in 1967 and extensively renovated in 2014, the property was approximately 92% occupied at the time of sale. Andrew Klenk and John Ackiss of Capstone Apartment Partners represented the seller in the transaction.

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Capstone Offering: 162 Combined Units in Richmond, VA MSA

09

Dec

Capstone Offering: 162 Combined Units in Richmond, VA MSA

Capstone Apartment Partners, is pleased to present two ideally positioned, stabilized assets: Jackson Pointe and Dutch Village. These properties possess significant physical and operational value-add potential that is in demand in today’s multi-family market.

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Capstone Offering: Fully Entitled Development Opportunity near Rapidly Expanding Port Canaveral

02

Dec

Capstone Offering: Fully Entitled Development Opportunity near Rapidly Expanding Port Canaveral

Capstone Apartment Partners is pleased to present the opportunity to acquire a 150+/- acre site with full entitlements and site plan approvals to develop a 248-unit, multi-family community in the City of Cocoa, which is located within Brevard County, FL. The site is within 9 miles of Port Canaveral and many renowned beaches along the East Coast of Florida. The Preserve at Cocoa offers a timeless location, first-class visibility, and excellent accessibility off of FL-528 on State Road 524.

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News

Recent Capstone Closing: 2015 Garden-Style, 249 Units in Burlington, NC

Capstone recently facilitated the sale of Retreat at the Park: a 2015 garden-style asset situated between the Research Triangle and NC Triad. This 249-unit asset is located in Burlington, NC and was approximately 98% occupied at the time of closing. The transaction was led by Capstone’s Caleb Troop, Ron Corrao, and Alex McDermott.

09

Apr

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