Capstone is pleased to present Lancaster Ridge, a
145-unit, 1994 vintage apartment community in Canton, Georgia. Lancaster Ridge
presents investors with a well-positioned asset with strong organic growth in
place. Recent lease trade outs average over $334 in increased rent. Favorable
demographics in the thriving Cherokee County submarket coupled with increasing
market fundamentals provide the opportunity for assets such as Lancaster Ridge
to increase rents markedly through value-add renovations. Situated less than 2
miles from I-575 (66,711 VPD), Lancaster Ridge benefits from unbeatable
regional connectivity, while offering residents direct access to all demand
drivers in the area and beyond. The ideal value-add program, highly accessible
and favorable location, and positive market fundamentals present a premier
investment opportunity.