Capstone Apartment Partners is proud to present the
forward-purchase opportunity of Silo Ridge at Scotts Hill; a build-for-rent
development located adjacent to the Blake Farms Master Planned Development in
Wilmington, North Carolina. With construction already underway, this Class A
development boasts 299 units that features a mix of single-family homes and
townhomes with an ideal location central to retail, entertainment options,
high-quality schools, top employers, and the largest hospital in Wilmington.
The forward purchase option of Silo Ridge will allow new ownership to acquire
the asset at a discount to stabilization, as well as have full control over the
lease-up process while the property is delivered over the next 18 months.
Additionally, the project is sponsored by McAdams Homes, one of the premier
private home builders in Wilmington, ensuring delivery of a high-quality asset
that is poised to become the preeminent rental option in Wilmington.