Land Sales

Multi-family development has taken center stage in today’s commercial real estate world, and, as such, Capstone Land Sales has been at the forefront of the multi-family land brokerage industry. With more apartment and mixed-use development site sales than any of its competitors, development professionals come to Capstone with any and all land needs. In the highly competitive development industry, Capstone provides its clients a competitive edge in identifying the most advantageous land positions for multi-family development amongst the most fundamentally sound markets and submarkets. Capstone’s network of relationships with land owners, multi-family developers, brokers, municipal officials and planners, and builders has positioned the firm at the forefront of both current development projects and the potential for future concepts.

The professionals of Capstone have completed development site transactions including land assemblage, re-zoning and entitlements, joint venture procurement, note sales and short sales, REO, and market dispositions. Capstone has the knowledge, experience, relationships, and wherewithal to formulate and complete the most complex development transactions.

Recent Closings

  • West Morehead

    Charlotte, NC

  • Mercury NoDa

    Charlotte, NC

  • Midwood Central

    Charlotte, NC

  • Germantown

    Nashville, TN

  • Village at Fort Mill

    Fort Mill, SC

Featured Properties

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    Skyway Marina Development Site

    Capstone Land Sales is proud to present the Skyway Marina District Land Site: a fully-entitled multi-family development opportunity within a mixed-use project. Additionally, this offering allows a developer to take advantage of $1 million in incentives from the city of St. Petersburg for initiating the first mixed-use development site in the Skyway Marina District.

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    Nebraska MH Portfolio

    The Nebraska portfolio consists of two properties: Broken Bow Estates and Sunrise Village. The parks are well-positioned within their respective markets, and demonstrate attractive investment opportunities through proximity to the major economic demand drivers and travel arteries in the region.

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    Southern Pines

    Capstone Apartment Partners is pleased to present Southern Pines: a well performing 352-unit, 1973-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed/$7.8B invested to date) and burgeoning high-tech economy.

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News

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Capstone Closes $35.9M Deal in NC

CARY, NC—Venterra Realty has purchased Chatham Pointe: an asset offering 255 units and 9,340 square feet of retail space. This mixed-use multi-family community was built in 2011 and 2015. The apartments are exceptionally located near retail, recreational outlets, and major employment nodes, including the Research Triangle Park. Phillips Development & Realty sold the property for $35,900,000, or $140,784 per unit.

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Jul

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