The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit Covington Park & Southbrook Gardens apartment communities located in Jackson, Hinds County, MS. The assets are well located right next to each other with quick access to Downtown Jackson and the MSA’s premiere retail pockets via I-55. Located within a supply constrained submarket with strong rent growth, each asset offers an immediate opportunity to initiate an interior value add program and push rents $75 while remaining in LIHTC compliance. Built in 1975 & 2006, Covington Park & Southbrook Gardens offer an outstanding opportunity to invest in up trending, well-located LIHTC assets.
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Under Contract
Covington Park & Southbrook Gardens (2 properties, 256 units)
Southbrook Gardens
100 Units
345 Daniel Lake Blvd
Jackson, MS  39212
Type: LIHTC
Posted: 11/18/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Arkansas 6 BTR Portfolio located in the Ft. Smith and Fayetteville MSAs of NW Arkansas. The Arkansas 6 BTR portfolio is comprised of 6 different properties located in Fayetteville, Ft. Smith, Greenwood, and Van Buren, AR as well as Pocola, Oklahoma. Built between 2018 and 2021, each asset offers an outstanding opportunity to invest in brand new BTR townhome and duplex construction at an attractive basis.
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Arkansas 6 BTR Portfolio (6 properties, 128 units)
Stone Creek Tri-Plexes
30 Units
1714 Linwood Drive
Greenwood, AR  72936
Posted: 10/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Arkansas 6 BTR Portfolio located in the Ft. Smith and Fayetteville MSAs of NW Arkansas. The Arkansas 6 BTR portfolio is comprised of 6 different properties located in Fayetteville, Ft. Smith, Greenwood, and Van Buren, AR as well as Pocola, Oklahoma. Built between 2018 and 2021, each asset offers an outstanding opportunity to invest in brand new BTR townhome and duplex construction at an attractive basis.
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Arkansas 6 BTR Portfolio (6 properties, 128 units)
Stonecrest at Chaffee Crossing
50 Units
9000 Chanel Place
Fort Smith, AR  72923
Posted: 10/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Sunset Village located in Panama City, FL. Sunset Village is a 233 unit, 2021-built BTR asset built by the nation’s largest homebuilder, D.R. Horton. Arriving to market with excellent in-place rent growth trends (13%+ organic growth), the community is poised as a market leader in its asset class and will continue to benefit as 1st generation leases turn over at higher rates. Sunset Village boasts $124K+ Avg. HH incomes at the property and is comprised of detached homes featuring attached garages, private fenced in backyards, & premiere unit features offering residents a quality 3, 4, & 5 BR BTR product with professional property management efficiencies. Given the strong, in-place leasing trends and high-quality residences, Sunset Village presents an outstanding opportunity to acquire a brand new BTR asset in a growing market.
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Sunset Village
Offers Due:  Thursday, December 16, 2021
233 Units
5284 Emma Grace Drive
Panama City, FL  32404
Posted: 11/9/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 6.68-acre, The Grove at Orange Beach development opportunity located in Orange Beach, Alabama. This asset is situated in a PUD zoning district within the fastest growing county in Alabama, offering developers a favorable density of 42 units per acre. A highly sought-after school system paired with an upward trending demographic base is steadily increasing the demand for Class A product, as rent levels have increased 33% over the past 5 years and expect to average another 8% increase each year over the next two years. This site offers deeded beach access, providing a competitive advantage over future multifamily projects. The Grove at Orange Beach offers the future developer the opportunity to build the first high-end, large-scale apartment community along Perdido Beach Boulevard and the site is poised to reward developers as vacancies trend downward and rent growth surges during the massive migration to coastal cities.
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The Grove at Orange Beach
375 Units
3001 Loop Road
Orange Beach, AL  36561
Posted: 10/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the 12-acre Build-to-Rent land site and four units, The Highlands at Fairhope Village in Fairhope, Alabama. The site has a total of 90* platted lots, five units have already been delivered leaving room for 85 additional units. Of the five units that have been delivered, four are included in this offering. Fairhope is situated in Baldwin County, the fastest growing county in Alabama that boasts average household incomes 20%+ greater than the state average. The property is ideally situated close to high-quality retail (walkability to Publix), "A" schools and major employment drivers. *4 Units with a potential 5th included. There are 17 lots that are shovel ready and 68 more that are platted; 90 total units can be built on the site.
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The Highlands at Fairhope Village
   
417 Dry Falls Way / 22530 US-98
Fairhope, AL  36532
Posted: 7/27/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,959-unit Gulf States 8 Portfolio spanning three different markets in Alabama and Mississippi. Comprised of almost 2,000 units, the Gulf States 8 Portfolio offers immediate scale throughout the Southeast, the nationwide leader in both rent and population growth. With 1,959 total units primed for value add upgrades, the next investor can add $3.4M+ to bottom-line NOI through interior value add. Built between 1972-1995, the Gulf States 8 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio with major value add potential.
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Under Contract
Gulf States 8 Portfolio (8 properties, 1,959 units)
The Mark
144 Units
5701 East Shirley Lane
Montgomery, AL  36117
Posted: 7/6/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 429-unit Lakeshore Ridge and 192-unit Oaks of St. Clair apartment communities located in the Birmingham, AL MSA. The Birmingham MSA has added 50,000+ jobs since April 2020 and is ranked #2 in the US for the lowest unemployment contributing to explosive rent growth in each submarket. Each property arrives to market 99% occupied and lag comparable properties by $115-$300+ in effective rents, but current ownership has seen significant rental increases (8%-12%+), even before any upgrades. Built between 2002-2017 Lakeshore Ridge and The Oaks of St. Clair offer a rare opportunity to invest in high-performing, cash-flowing assets that have major market-backed value add potential that will create significant room for revenue growth and boost exit value for the next investor. Subject properties are offered as a portfolio and on an individual basis as a fee simple sale or recap opportunity.
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Under Contract
Lakeshore Ridge & The Oaks of St. Clair (2 properties, 621 units)
The Oaks of St. Clair
192 Units
5050 Oaks of St. Clair Circle
Moody, AL  35004
Type: Conventional
Posted: 9/1/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Pavilion I & II a 142-unit apartment community located in Hanceville, AL. This asset lies just south of the city of Cullman and is the only multifamily asset within walking distance of Wallace State CC. Cullman has been consistently been highly ranked with regards to business expansion/retention, quality of life, and education. Built in 1994 / 2000, Pavilion I & II offers an outstanding opportunity to invest in a high-growth asset within a limited supply market.
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The Pavilion I & II
142 Units
401 College Drive NE
Hanceville, AL  35077
Posted: 8/25/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Station at Clift Farm, a 315-unit, 2021-built apartment community located in one of the top growth markets in the country, Huntsville, AL. Delivering its first units in June 2021 with over 35 leases signed each month in the 1st 2 months of leasing, The Station at Clift Farm offers the most upscale and sought-after finishes, amenities and features in the region. The asset is nestled in the Clift Farm development which provides future residents unmatched walkability to retail while maintaining superb connectivity to the area’s major job cores. The property will also feature a top-of-the-line technology package that is only offered at the nation’s most prestigious assets. The Station at Clift Farm offers the next investor a Class A+ asset in one of the hottest markets in the country.
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Under Contract
The Station at Clift Farm
315 Units
165 John Thomas Drive
Madison, AL  35758
Posted: 7/27/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Tapestry on Vaughn, 252 units in Montgomery, AL. The asset is situated in the highly sought-after East Montgomery submarket near upscale retail with easy access to downtown via Vaughn Road. Benefitting from a strong manufacturing and government-centric economy, the Montgomery metro has garnered significant capital investments, highlighted by Hyundai’s announcement to invest $410M and create an additional 1,200 jobs to build a new light truck model. Built in 1988-1994, The Tapestry on Vaughn offers an outstanding opportunity to invest in a cash-flowing asset with significant value add upside.
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The Tapestry on Vaughn
252 Units
3201 Watchman Drive
Montgomery, AL  36116
Type: Conventional
Posted: 10/12/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 169-unit The Willows apartment community located in the highly sought-after Hoover suburb of Birmingham, AL. Hoover features state-ranked schools (#5) and heavily restricts new multifamily developments. This asset offers an outstanding location for tenants as it is minutes from 10,000+ jobs and 5.5M square feet of quality retail amenities. Built in 1973, The Willows represents an outstanding opportunity to invest in a value add asset in a booming submarket.
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The Willows
169 Units
3565 Lorna Road
Hoover, AL  35216
Type: Conventional
Posted: 7/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,959-unit Gulf States 8 Portfolio spanning three different markets in Alabama and Mississippi. Comprised of almost 2,000 units, the Gulf States 8 Portfolio offers immediate scale throughout the Southeast, the nationwide leader in both rent and population growth. With 1,959 total units primed for value add upgrades, the next investor can add $3.4M+ to bottom-line NOI through interior value add. Built between 1972-1995, the Gulf States 8 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio with major value add potential.
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Under Contract
Gulf States 8 Portfolio (8 properties, 1,959 units)
Turtle Place
88 Units
455 Eastdale Road South
Montgomery, AL  36117
Posted: 7/6/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,959-unit Gulf States 8 Portfolio spanning three different markets in Alabama and Mississippi. Comprised of almost 2,000 units, the Gulf States 8 Portfolio offers immediate scale throughout the Southeast, the nationwide leader in both rent and population growth. With 1,959 total units primed for value add upgrades, the next investor can add $3.4M+ to bottom-line NOI through interior value add. Built between 1972-1995, the Gulf States 8 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio with major value add potential.
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Under Contract
Gulf States 8 Portfolio (8 properties, 1,959 units)
Tuscany at Midtown
234 Units
4054 Beth Manor Drive
Montgomery, AL  36109
Posted: 7/6/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,959-unit Gulf States 8 Portfolio spanning three different markets in Alabama and Mississippi. Comprised of almost 2,000 units, the Gulf States 8 Portfolio offers immediate scale throughout the Southeast, the nationwide leader in both rent and population growth. With 1,959 total units primed for value add upgrades, the next investor can add $3.4M+ to bottom-line NOI through interior value add. Built between 1972-1995, the Gulf States 8 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio with major value add potential.
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Under Contract
Gulf States 8 Portfolio (8 properties, 1,959 units)
Van Mark
300 Units
6811 Old Canton Road
Ridgeland, MS  39157
Posted: 7/6/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
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Arkansas 360 Portfolio (5 properties, 360 units)
Village Meadows
40 Units
9801 Meandering Way
Fort Smith, AR  72903
Posted: 6/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the proposed 64-unit Westgate Townhomes build-to-rent community situated in the tight rental market of Mary Esther along the burgeoning Florida panhandle. This proposed asset is fully zoned, entitled and ready for building permits. The asset will feature 2 and 3 BR spacious townhome units with garages and upscale interiors. Mary Esther is a tight rental market with limited townhome supply; the property will be perfectly positioned to capitalize on Hurlburt Field which offers huge living stipends to its personnel. The developer is looking to sell the project at final completion, while going to contract now on a forward commitment.
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Westgate Townhomes
64 Units
440 Westgate Way
Mary Esther, FL  32569
Posted: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Willow Point, 441 units located in Jackson, MS. Willow Point is situated approximately 10 miles north of Downtown Jackson, maintaining close proximity to quality retail, schools, employment drivers and entertainment options. Willow Point’s location provides tenants the opportunity of being 1 mile from Northpark Mall which houses 958,000 square feet of retail and entertainment options. Constructed in 1994/1997, Willow Point is being offered at an extremely attractive basis and is primed for targeted interior upgrades.
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Under Contract
Willow Point
440 Units
759 Glencross Drive
Jackson, MS  39206
Type: Conventional
Posted: 7/29/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
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Arkansas 360 Portfolio (5 properties, 360 units)
Woodland Terrace
60 Units
1701 Skyline Drive
North Little Rock, AR  72116
Posted: 6/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Arkansas 6 BTR Portfolio located in the Ft. Smith and Fayetteville MSAs of NW Arkansas. The Arkansas 6 BTR portfolio is comprised of 6 different properties located in Fayetteville, Ft. Smith, Greenwood, and Van Buren, AR as well as Pocola, Oklahoma. Built between 2018 and 2021, each asset offers an outstanding opportunity to invest in brand new BTR townhome and duplex construction at an attractive basis.
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Arkansas 6 BTR Portfolio (6 properties, 128 units)
Woodlands
4 Units
2723 Teddy Street
Van Buren, AR  72956
Posted: 10/21/2021