Capstone Apartment Partners is pleased to present The
Overlook at Stonemill: a 216-unit, 2001 vintage apartment community in
Lynchburg, Virginia. The Overlook at Stonemill is surrounded by some of the
region’s most prolific employers, including Liberty University and Centra
Health. Additionally, the asset is conveniently located adjacent to the
Lynchburg Expressway, affording residents easy access to multiple demand
drivers around Lynchburg and neighboring cities. The Overlook at Stonemill
represents an exciting opportunity to purchase a newer vintage high-quality
asset with minimal deferred maintenance, allowing new ownership to focus on
pushing rents and driving NOI growth through a market-proven value add
initiative and other NOI Growth initiatives.