Old Town

Old Town

Winston-Salem, NC
Available
  • Property Type: Apartments
  • Property Size: 160,683 SF / 13.6 Acres / 205 Units

Overview

Capstone Apartments Partners is pleased to present the Old Town Portfolio: a 205-unit garden-style portfolio consisting of five separate apartment complexes within 1 mile of each other and located in Winston-Salem, North Carolina. Positioned near an abundance of employment opportunities and Class-A retail, Old Town features limited deferred maintenance and demonstrates favorable operational momentum in the trailing months. Drafting off this positive trend, Old Town offers new ownership significant income upside from minor operational improvements and a market-proven value-add renovation program. Through these operational improvements and driving market demand, new ownership is poised to bridge the considerable gap in effective rents with market competitors.

Contact Information

Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
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