Capstone is pleased to present the Chisholm Creek
Duplexes: a 60-unit build-for-rent duplex community currently under
construction in Oklahoma City, Oklahoma. Following its completion in early
2023, the new development will allow new ownership to enjoy minimal maintenance
and enable them to focus on lease-up and pushing rents. The build-for-rent
asset type has proven to be an overachieving vehicle for investment by
providing tenants with spacious floor plans, backyard amenities, and garages.
Current ownership is charging below market lease-up rates, thereby allowing new
management to increase performance and immediately increase EGI. Residents of
the Chisholm Creek Duplexes will also enjoy superior amenities nearby, such as
dozens of premier shopping, dining, and entertainment establishments. The
Chisholm Creek Duplexes are anticipated to be sold upon completion in early
2023.