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.
...
Under LOI
Simpsonville BTR Development Site
8.39 Acres
215 Stenhouse Rd
Simpsonville, SC  29680
Type: Land
Posted: 6/1/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Banks at Bridgewater, a newly constructed 252-unit Garden multifamily property, and Stepping Stone at Bridgewater, a 44-unit Built-to-Rent duplex community in Myrtle Beach, SC. Strategically located in one of the nation’s fastest growing cities, with 22% population growth since 2015, the assets are situated in the primary residential and recreation node, with access to top retail, entertainment, healthcare, and job centres. Myrtle Beach’s rapidly expanding population highlights its diverse demographics supporting strong multifamily and Build-to-Rent fundamentals, resulting in unprecedented rent and supply growth in both asset classes. Historically high home ownership barriers to entry is pricing potential buyers out of the market, further increasing demand for apartments and Build-to-Rent communities. Completed in 2020, Stepping Stone at Bridgewater offers spacious units, private driveways, attached garages, and features desirable modern finishes and neighborhood lifestyle. Adjacent, with expected final delivery by September, is The Banks at Bridgewater, presenting open floor plans with luxurious finishes and modern amenity package.
...
Under Contract
The Banks & Stepping Stone at Bridgewater (2 properties, 296 units)
Stepping Stone at Bridgewater
44 Units
943 Lilyturf Circle
Little River, SC  29566
Type: Single Family Rental
Posted: 6/27/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Banks at Bridgewater, a newly constructed 252-unit Garden multifamily property, and Stepping Stone at Bridgewater, a 44-unit Built-to-Rent duplex community in Myrtle Beach, SC. Strategically located in one of the nation’s fastest growing cities, with 22% population growth since 2015, the assets are situated in the primary residential and recreation node, with access to top retail, entertainment, healthcare, and job centres. Myrtle Beach’s rapidly expanding population highlights its diverse demographics supporting strong multifamily and Build-to-Rent fundamentals, resulting in unprecedented rent and supply growth in both asset classes. Historically high home ownership barriers to entry is pricing potential buyers out of the market, further increasing demand for apartments and Build-to-Rent communities. Completed in 2020, Stepping Stone at Bridgewater offers spacious units, private driveways, attached garages, and features desirable modern finishes and neighborhood lifestyle. Adjacent, with expected final delivery by September, is The Banks at Bridgewater, presenting open floor plans with luxurious finishes and modern amenity package.
...
Under Contract
The Banks & Stepping Stone at Bridgewater (2 properties, 296 units)
The Banks at Bridgewater
252 Units
719 Lantern Walk Drive
Little River, SC  29566
Type: Conventional
Posted: 6/27/2022
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 Grove
178 Units
3926 Marcom Street
Raleigh, NC  27606
Posted: 5/18/2022
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.
...
Under Contract
The Links at Citiside
276 Units
5005 Community Circle Drive
Charlotte, NC  28215
Type: Conventional
Posted: 2/24/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 912-unit Upstate Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in two of South Carolina’s most admired cities, Greenville and Spartanburg. The highly sought-after North Greenville and Spartanburg submarkets are characterized by top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. The immediate areas surrounding the properties boast high average HHIs, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in these thriving pockets of Upstate, SC. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in high growth Southeastern markets through well capitalized assets ($6.9M+). Built from 1974-1986, the properties arrive to market primed for a Class-A value-add campaign where new ownership can benefit from the tremendous upside of the portfolio advantage, push rents $230+, and yield additional revenue for years to come.
...
Under Contract
Upstate Value-Add 5 Portfolio (5 properties, 912 units)
The Park at Ariano
156 Units
2950 East North Street
Greenville, SC  29615
Type: Conventional
Posted: 5/4/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 912-unit Upstate Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in two of South Carolina’s most admired cities, Greenville and Spartanburg. The highly sought-after North Greenville and Spartanburg submarkets are characterized by top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. The immediate areas surrounding the properties boast high average HHIs, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in these thriving pockets of Upstate, SC. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in high growth Southeastern markets through well capitalized assets ($6.9M+). Built from 1974-1986, the properties arrive to market primed for a Class-A value-add campaign where new ownership can benefit from the tremendous upside of the portfolio advantage, push rents $230+, and yield additional revenue for years to come.
...
Under Contract
Upstate Value-Add 5 Portfolio (5 properties, 912 units)
The Park at Sondrio
271 Units
3500 Pelham Road
Greenville, SC  29615
Type: Conventional
Posted: 5/4/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 912-unit Upstate Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in two of South Carolina’s most admired cities, Greenville and Spartanburg. The highly sought-after North Greenville and Spartanburg submarkets are characterized by top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. The immediate areas surrounding the properties boast high average HHIs, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in these thriving pockets of Upstate, SC. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in high growth Southeastern markets through well capitalized assets ($6.9M+). Built from 1974-1986, the properties arrive to market primed for a Class-A value-add campaign where new ownership can benefit from the tremendous upside of the portfolio advantage, push rents $230+, and yield additional revenue for years to come.
...
Under Contract
Upstate Value-Add 5 Portfolio (5 properties, 912 units)
The Park at Vietti
204 Units
1000 Hunt Club Lane
Spartanburg, SC  29301
Type: Conventional
Posted: 5/4/2022
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 Rowan
350 Units | 1,002 Beds
1051 Southern Drive
Columbia, SC  29201
Type: Student
Posted: 1/5/2022
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.
...
Under Contract
The Vue at St. Andrews
132 Units
82 Fox Run Lane
Columbia, SC  29210
Type: Conventional
Posted: 7/7/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 984-unit Crown Portfolio consisting of Maple Run, Townes at University Pointe, and Woodland Hollow apartment communities located in Charlotte, NC. This asset is situated in the rapidly expanding University City submarket in northeast Charlotte. Built between 1969-1976, The Crown Portfolio represents outstanding opportunity to invest in the second largest job market in the Charlotte. UNCC located 3 miles from the property provides an ideal pipeline of qualified graduates with 30,000+ students enrolled. The portfolio has seen $18M capital infused since 2018. New ownership has an opportunity to continue a proven value-add program that has seen average premiums of $170 over unrenovated units. 309 units have seen renovations leaving 675 units with value-add potential. The property is ideally situated in proximity to the Tom Hunter Lynx Light rail station, providing easy access to 195k jobs.
...
Crown Portfolio (3 properties, 984 units)
Townes at University Pointe
428 Units
336 Blackhawk Road
Charlotte, NC  28213
Posted: 8/29/2022

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,152-unit, Cross Country 5 Portfolio located in Arkansas, Oklahoma, and West Virginia. This portfolio is distributed across the Little Rock, Tulsa, and Huntington markets that have seen 7.8%, 10.4%, and 4.8% YoY rent growth, respectively. Little Rock is the state capital of AR and is home to over 60K State and Local Government jobs. With an average household income of over $90K, Broken Arrow is the largest suburb of Tulsa, OK, the second largest city in the state. Built between 1964 and 2017 this portfolio offers an outstanding opportunity to invest in a value-add portfolio in some of the strongest performing markets in the Sunbelt.

DLP Wexford, located in West Virginia, is co-brokered with Century Realty, LLC: Century Centre, 1233 Main Street, Suite 1500, Wheeling, WV 26003. John D. Aderholt, Exclusive West Virginia Broker, +1 304 232 5411, jdaderholt@centuryequities.com

...
Cross Country 5 Portfolio (5 properties, 1,152 units)
Valley Crossing
209 Units
1502 Green Mountain Dr
Little Rock, AR  72211
Posted: 9/7/2022
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.
...
Under Contract
Village at Mills Gap
208 Units
97 Mills Gap Road
Boiling Springs, SC  29316
Type: Conventional
Posted: 8/11/2022
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.
...
Wilmington Commons
291 Units
455 Racine Drive
Wilmington, NC  28403
Posted: 8/16/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 984-unit Crown Portfolio consisting of Maple Run, Townes at University Pointe, and Woodland Hollow apartment communities located in Charlotte, NC. This asset is situated in the rapidly expanding University City submarket in northeast Charlotte. Built between 1969-1976, The Crown Portfolio represents outstanding opportunity to invest in the second largest job market in the Charlotte. UNCC located 3 miles from the property provides an ideal pipeline of qualified graduates with 30,000+ students enrolled. The portfolio has seen $18M capital infused since 2018. New ownership has an opportunity to continue a proven value-add program that has seen average premiums of $170 over unrenovated units. 309 units have seen renovations leaving 675 units with value-add potential. The property is ideally situated in proximity to the Tom Hunter Lynx Light rail station, providing easy access to 195k jobs.
...
Crown Portfolio (3 properties, 984 units)
Woodland Hollow
246 Units
6205 Dove Tree Lane
Charlotte, NC  28213
Type: Conventional
Posted: 8/29/2022