The Abby Apartments

The Abby Apartments

Tallahassee, FL
Under Contract
  • Property Type: Apartments
  • Year Built : 1973
  • Property Size: 133,086 SF / 158 Units

Overview

Capstone Apartment Partners is proud to represent The Abby Apartments. This offering features 158 units near the heart of Tallahassee. The interiors consist of Standard and Premium Finish level, 1-, 2-, and 3-bedroom units with considerable capital improvements completed recently. New ownership will have the opportunity to complete the value-add initiative that will capitalize on market rent opportunities in the sub-market. The Abby investment offering represents a proven value-add concept with strong demand driver characteristics, allowing for a buffer to potential economic headwinds such as inflation.

Investment Highlights

Recent Capital Investment of Over $2 Million

Ability to Capture Rental Upside Day One

Suggested Value-Add Initiative

Great Location with Close Proximity to Demand Drivers

Contact Information

Jad Richa Managing Director P: 727.282.5547
O: 800.261.9464 ext. 703
jad@capstone-companies.com
Tom Huffsmith Investment Sales Advisor P: 321.418.5224
O: 800.261.9464 ext. 706
tom@capstone-companies.com
Brian Hunsicker Senior Advisor P: 727.631.5870
O: 800.261.9464 ext. 700
h.brian@capstone-companies.com
Nasser Al-Hafi Investment Sales Advisor P: 407.284.7071
O: 800.261.9464 ext. 719
nasser@capstone-companies.com
Cameron Hooper Investment Sales Advisor P: 904.923.5878
O: 800.746.3175 ext. 781
chooper@capstone-companies.com
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