Capstone recently brokered the sale of Twin City Townhomes in Winston-Salem, NC. The 204-unit property was constructed in 1970 and was 77% occupied at the time of sale. The buyer was attracted to Twin City due to the immediate upside in rents, which had been below market in order to increase occupancy. Additionally, the seller had done much of the major capital expenditure work; therefore, leaving the buyer to focus capital on some remaining exterior cap ex, minor interior renovations, and sub-metering to enhance NOI and asset value. Contact the Twin City brokerage team to learn more:
office: 800.746.3175 ext. 702
office: 800.746.3175 ext. 703
office: 800.746.3175 ext. 701
office: 800.746.3175 ext. 700
Capstone Apartment Partners is pleased to present The Charlotte MSA Portfolio, comprised of Wallace Terrace Apartments (32 units), Timberstone Commons (67 units), and Kensington Townhomes (48 units). The Charlotte MSA Portfolio is an exceptional opportunity to acquire well-maintained assets that will benefit from minor operational improvements and structured interior renovation programs implemented by new ownership.
Capstone Land Sales is pleased to present the Fort Mill Development Site: ±26 acres in Fort Mill, South Carolina. Potential buyers will benefit from limited new construction competition and the opportunity to invest in one of the region’s most powerful and rapidly growing high barrier-to-entry submarkets.
Capstone is proud to present Taylors Creek Mobile Home Park: an elite, gated 298-site community located just minutes from downtown Fayetteville, NC. Taylors Creek is one of the premier parks in the region; providing an attractive amenity package, including a swimming pool, playground, basketball court, as well as on-site security and off-street parking.