Capstone Apartment Partners is pleased to present Kings
Manor Apartments, a 51-unit apartment complex located in Tuskegee, Alabama.
Kings Manor is conveniently located near Tuskegee University, which offers
employment opportunities as well as a place to live for students looking for
off-campus housing. Positioned along State Route 80, Kings Manor is located
between Montgomery and Auburn, allowing for easy access to numerous amenities
and employment opportunities in each city. Current ownership has renovated 6 of
the 51 units, providing new owners with the opportunity to continue this
value-add program and achieve rent premiums of up to $100. Additionally, Kings
Manor presents investors the opportunity to buy at a very low basis and
implement sophisticated third-party management to lease up a currently vacant
property.