Maple 40

Maple 40

Humboldt, TN
Available
  • Property Type: Apartments
  • Year Built : 1940-1947
  • Property Size: 27,994 SF / 40 Units

Overview

Capstone Apartment Partners is pleased to present: Maple 40, a 40-property, single-family rental home community in Humboldt, Tennessee. Constructed between 1940-1947, the asset represents an exciting opportunity to purchase a fully leased portfolio where rental inventory is scarce. The community would immediately benefit from more efficient, hands-on management to substantially recapture loss-to-lease and potentially push effective rents to above current levels. In addition to operational upside, the community is well-positioned to benefit from the influx of 1,500 new jobs due to the recently completed Tyson Foods plant, a huge economic catalyst for the smaller Humboldt market. 

Investment Highlights

Operational Value-Add Opportunities

Recent Opening of Tyson Foods Processing Plant

Community Offered Below Replacement Cost

Contact Information

Luke Searcy Investment Sales Advisor P: 731.592.9573
O: 800.746.3175 ext. 724
luke@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
Tyler Mayo Investment Sales Advisor P: 662.386.1622
O: 800.746.3175 ext. 729
tyler@capstone-companies.com
Jonathan Hawks Investment Sales Advisor P: 706.372.4177
O: 800.746.3175 ext. 717
j.hawks@capstone-companies.com
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