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Capstone Apartment Partners is pleased to present Highland Apartments: a highly performing turn-key asset built over six phases with substantial value-add upside immediately available to new ownership. Highland Apartments presents a compelling opportunity to acquire an ideally positioned asset with consistent and stable operating history, while also offering excellent return metrics in a mature, competition constrained market.

Investment Highlights

Attractive Asset with Multiple Phases Appealing to a Wide Tenant Base

Numerous Compelling Value-Add Strategies with Potential NOI Increase of $186,000+

Limited Market Rate Competition in the Surrounding Area

Excellent Financing Options Supercharge Returns

 

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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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