The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 8.39 acre, Build-to-Rent development opportunity located in the surging Simpsonville area of the Greenville MSA, SC only 20 minutes from Downtown Greenville, in the heart of the ‘Golden Strip’ area, one of the fastest growing regions in the Southeast. The entitled land is zoned by-right for 14 units per acre (117-unit maximum density), and significant due diligence has been completed for a site plan of 101 Build-to-Rent Townhome units, giving developers the flexibility to leverage the current template or implement their own plans. The Simpsonville BTR site is positioned in the southeastern submarket of the Greenville MSA, within one of the fastest growing and affluent markets in South Carolina, with 37% population growth in the last 10 years and $109,200 average HHI within a 1-mile radius of the site.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove, a 178-unit apartment community located in Raleigh, NC. This asset is situated in a thriving pocket of West Raleigh, characterized by an affluent rental base, top rated schools, high home values (averaging $420K), and exceptional rent growth (20.3% Q1 2022). Less than 10 minutes away from the heart of Raleigh, the asset’s immediate location is emersed in some of the best retail, dining, and entertainment the city has to offer. Among the top three hottest job markets in the country, Raleigh is rapidly expanding with major mixed-use and office development projects currently underway. Thoroughfares I-440 and I-40 instantly link residents to the Triangle’s top employers, including Research Triangle Park, UNC Chapel Hill University/Healthcare, and Duke University/Healthcare. Built in 1972, The Grove represents an outstanding opportunity to invest in a well-maintained asset and complete a rewarding and proven value-add program to achieve an additional $264K in additional revenue.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Links at Citiside Apartments, a 276-unit apartment community situated under a mile from the Sugar Creek LYNX Light Rail station. Convenient location to the desirable thoroughfare of LYNX Blue Line provides access to ~230K jobs, as well as the most popular entertainment hubs throughout the city. Strong demographic trends show an 8% increase to household income over the next 5 years and a steady long-term unemployment rate in the immediate 3-mile radius. Built in 2001, The Links at Citiside represents an outstanding opportunity to realize up to $275 rental premiums that nearby competitive properties are currently achieving in the rapidly transforming East Charlotte and UNC Charlotte submarkets.

The Cushman & Wakefield Student Housing Capital Markets Team and Carolina’s Multifamily Team is pleased to present the exclusive listing of The Rowan, a 350-unit, 1,002-bed, apartment community located in Columbia, South Carolina. The asset caters to the students at the University of South Carolina and offers newly renovated, luxury townhouse-style apartments with modern amenities. The Rowan offers an outstanding opportunity to invest in a Class “A” turn-key asset in a thriving university market with support for continuous stabilization and future rent growth.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Vue at St. Andrew’s, a 132-unit apartment community located in the thriving capital city of South Carolina. Columbia is well known for its resilient tendencies, boasting a plethora of government, healthcare and educational jobs while promoting enticing multifamily fundamentals. The Vue at St. Andrew’s proximate location provides residents access to downtown, major retail centers including the Harbison Corridor with over 3M+ square feet of retail and top tier education within the Lexington Richland School District 5 (A Ranking). Furthermore, the immediate area provides exceptional demographics and a positive outlook with average household incomes pushing almost $78k, a white-collar workforce of 70% and no units under construction or proposed within 5-miles. Built in 1972, The Vue at St. Andrew’s represents an incredible opportunity to invest in an asset displaying tremendous performance trends with NRI increasing 13% over the T12, recent leases signing 9% over in-place rents and renovated units achieving $160 premiums.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 208-unit Village at Mills Gap apartment community located in burgeoning Boiling Springs, SC. Ideally located off Boiling Springs Road, surrounded by big-box dining and retail options, and in close proximity to I-85, residents are provided superior access to Spartanburg and Greenville’s largest employment nodes and 71k+ jobs within a 20-minute drive. The Spartanburg submarket also boasts impressive projected rent growth (21% through 2027), steady occupancy levels of 95%, and soaring home values, priming the asset to take full advantage of these desirable multifamily fundamentals. Furthermore, residents at Village at Mills Gap enjoy an exceptional amenity package and open floorplans unmatched by competitors. Built in 2014 and meticulously maintained, Village at Mills Gap offers an extraordinary opportunity to acquire a one-of-a-kind asset with tons of embedded upside through raising rents organically and through a Class-A value-add campaign to command average premiums of $185.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 291-unit Wilmington Commons apartment community located in Wilmington, NC. This asset is situated in the heart of Wilmington, which is characterized by a soaring population, rising home values, and exceptional universities. In Q2 of 2022, annualized market rents grew at an astonishing 21.4% with favorable fundamentals supporting long term growth. The immediate area is comprised of affluent renters (47.7% of the population) that are over 65% white collar and average +$80K in median household income. Residents of Wilmington Commons have instant access to the College Road Corridor, which provides a plethora of retail, entertainment, and lifestyle amenities less than 1 mile away from the asset. The fruitful industries of manufacturing, technology, and banking ground the Wilmington economy, which is experiencing a major economic boom. Major economic drivers, including Amazon, Megacorp Logistics, and the Port of Wilmington have recently announced plans to move to/expand in the area. Built in 1991, Wilmington Commons offers compelling opportunities to increase NOI by (1) increasing below-market in-place rents to market, generating an expected $367K of incremental NOI (2) upgrading unit interiors, generating an expected $524K of incremental NOI, (3) adding washer & dryers, generating an expected $175K of NOI for a total un-trended NOI lift of $1.1M.