Capstone is please to present the
Five-41 Hotel Conversion, a hotel-to-apartment redevelopment opportunity
located in Jackson, TN. The property currently operates as a 129-unit Clarion
Inn. The hotel-to-apartment conversion space gives a rare opportunity for
developers to reposition an existing asset into a rental apartment community.
This provides an opportunity for buyers to provide attainable housing without
incurring the expenses of ground-up construction. Potential renters will
benefit from incredible accessibility to retail nodes off Interstate 40 and
Vann Drive. Convenient location and the strength of surrounding multi-family
fundamentals make Five-41 an attractive investment opportunity.