The Finmore at 241

The Finmore at 241

Boone, NC
Under Contract
  • Property Type: Student Housing
  • School Name : Appalachian State University
  • Year Built : 2021
  • Property Size: 211,033 SF / 174 Units / 562 Beds

Overview

Capstone Apartment Partners is pleased to present The Finmore at 241: a 562-bed student housing asset that will be completed in 2021 and serve the students of the rapidly growing Appalachian State University. The property is in a prime location near campus that falls within an Opportunity-Zone-eligible census tract, and is in the middle of the main thoroughfare, offering direct access to all the shopping, restaurants, and recreation Boone has to offer. Bucking national trends, App State has grown nearly 10% in the past six years. Due to the continued enrollment growth, limited student housing pipeline, proximity to campus, and abundance of nearby amenities, The Finmore at 241 will see strong lease-up, tenant retention and rent growth throughout the prospective hold period. 

Contact Information

Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
Bryse Toothaker Director P: 704.727.2926
O: 800.746.3175 ext. 703
bryse@capstone-companies.com
Jonathan Hawks Investment Sales Advisor P: 706.372.4177
O: 800.746.3175 ext. 717
j.hawks@capstone-companies.com
capstoneapts-logo