Capstone Apartment Partners is pleased to present Three
Rivers, a 354-unit community located in downtown Fort Wayne, Indiana—a city
seeing record growth and development. The property features near-perfect occupancy
in a rising market rent environment. Ample room for additional rent premiums at
Three Rivers from a proven value-add program offers a lucrative investment
opportunity for groups seeking above-market returns in non-traditional markets.
Three Rivers features an unparalleled amenity package and is in a prime
Downtown Riverfront location, which enjoys close proximity to all the best
employment and entertainment options Fort Wayne has to offer. Downtown Fort
Wayne is in the midst of a renaissance along the river front portions of its
urban core, with over $1 billion invested already and an additional $1 billion
infusion is expected over the next five years.
Proven Value-Add Opportunities
Proximity to Employment & Education
Unparalleled Amenity Package in the MSA
Prime Downtown Riverfront Location Amongst Extensive Redevelopment
Strong Multi-Family Fundamentals