The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 747-unit Spartanburg Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in one of South Carolina’s most admired cities. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. Immediate areas surrounding the properties boast high average household incomes, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in this booming pocket of Upstate South Carolina. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in a high growth Southeastern market. Built from 1972-1986, the portfolio arrives to the market primed for a Class-A value-add campaign projecting average premiums of $200-$250.
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Under Contract
Spartanburg Value-Add 5 Portfolio (5 properties, 747 units)
Pine Lake Village
100 Units
180 South Pine Lake Road
Spartanburg, SC  29306
Type:  Multifamily
Posted: 7/26/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 747-unit Spartanburg Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in one of South Carolina’s most admired cities. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. Immediate areas surrounding the properties boast high average household incomes, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in this booming pocket of Upstate South Carolina. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in a high growth Southeastern market. Built from 1972-1986, the portfolio arrives to the market primed for a Class-A value-add campaign projecting average premiums of $200-$250.
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Under Contract
Spartanburg Value-Add 5 Portfolio (5 properties, 747 units)
Quail Pointe
100 Units
460 East Blackstock Road
Spartanburg, SC  29301
Posted: 7/26/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is delighted to introduce the exclusive listing of Signal Hill, a 122-unit community situated in Statesville, NC. This property enjoys immediate access to both interstate I-77 and I-40, positioning it strategically amidst three thriving economic centers: Charlotte, Winston Salem, and Greensboro. Nestled within the Mooresville/Statesville submarket, Signal Hill provides convenient proximity to major retailers, an emerging historic Downtown area, and upcoming economic development. Built in 1974, Signal Hill arrives to the market primed for new ownership to implement an attractive value-add campaign. With $150+ rental premiums, the property possesses the potential for organic growth and an additional 16% increase in Net Rental Income over the T12.
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Signal Hill
122 Units
138 Signal Hill Drive
Statesville, NC  28625
Type:  Multifamily
Posted: 10/5/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit South Pointe at Wayside apartment community located in Raeford, North Carolina. Built in 2023, this newly constructed asset grants residents access to top-of-the-market amenities and Class A finishes designed to cater to the predominant white-collar workforce in the area (60%). Ideally located with direct access to Fort Liberty’s 67,000+ job opportunities and additional 9,000+ jobs within the premier Healthcare Corridor, the property is strategically positioned near the region’s top employers and retail options. South Pointe at Wayside offers new ownership the chance to invest in a high-performing asset that has showcased an impressive lease-up performance, averaging 17 move-ins per month from March to January. Surrounded by a limited supply pipeline coupled with an anticipated 6,000 new residents by 2027 and proven rent growth of 25.4% since 2021, new investors have an extraordinary opportunity to capitalize on the property’s future growth as it enters its second generation of leasing.
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South Pointe at Wayside
192 Units
1002 South Pointe Drive
Raeford, NC  28376
Type:  Multifamily
Posted: 2/5/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 747-unit Spartanburg Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in one of South Carolina’s most admired cities. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. Immediate areas surrounding the properties boast high average household incomes, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in this booming pocket of Upstate South Carolina. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in a high growth Southeastern market. Built from 1972-1986, the portfolio arrives to the market primed for a Class-A value-add campaign projecting average premiums of $200-$250.
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Under Contract
Spartanburg Value-Add 5 Portfolio (5 properties, 747 units)
Southern Pines
352 Units
350 Bryant Road
Spartanburg, SC  29303
Type:  Multifamily
Posted: 7/26/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Abbey, a 45-unit apartment community situated in the up-and-coming Hickory market in North Carolina. Conveniently located within two miles of downtown Hickory and I-40, The Abbey provides easy access to major employment centers and a variety of lifestyle amenities. Hickory has maintained a high occupancy rate amidst significant rent growth, reaching an impressive 96.2% average occupancy with a 37.5% rent growth since 2018. Within a 3-mile radius of The Abbey demographics are ideal for multifamily investment, with 45% of housing being renter-occupied and an average household income of $77K. The current ownership has successfully renovated three units, achieving a rent premium of $165 over classic units, providing the blueprint for future rent growth upon completion of the value add campaign.
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The Abbey
45 Units
380 9th Avenue
Hickory, NC  28601
Type:  Multifamily
Posted: 1/23/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove at St. Andrews and Greenwood at Ashley River, two apartment communities totaling 902 units, which can be acquired together or individually. The two assets are situated in two of South Carolina’s most admired cities, Columbia and Charleston. The highly sought-after Dutch Fork and North Charleston submarkets are characterized by top-tier retail and sit in close proximity to some of the area’s largest economic drivers with over 115k jobs within a 20-minute drive from each property. The immediate areas surrounding the properties boast high HHI growth, majority white-collar populations, and impressive rent growth, representing the ideal time to own in these thriving pockets.

The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in high growth Southeastern markets through well capitalized assets ($5.3M+). Built from 1974-1984, the properties arrive to market with attractive loan assumptions offering interest rates well below current capital market levels and are primed for a Class-A value-add campaign where new ownership can benefit from the tremendous upside of the portfolio advantage, push rents $170+, and yield additional revenue for years to come.

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The Grove at St. Andrews & Greenwood at Ashley River (2 properties, 902 units)
The Grove at St. Andrews
622 Units
716 Zimalcrest Drive
Columbia, SC  29210
Type:  Multifamily
Posted: 9/14/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 38.69-acre The Landing at Beaver Creek Multifamily Development Site in Powell (Knoxville), TN. The site is fully entitled and designed for 226 units, with plans calling for a mix of garden apartment and rental townhome product. Land disturbance and NPDES permits have already been pulled. Powell is a quaint suburb in north Knoxville with all the conveniences of the city. K-12 public schools, grocery options, and abundant national retailers are all within an easy 5-minute drive of the site. Additionally, Downtown Knoxville and the University of Tennessee are reachable within a quick 15-minute drive, making the site a great location for students and downtown employees to call home in the future. The Landing at Beaver Creek Multifamily Development Site offers an exciting opportunity to expediently break ground in one of the strongest secondary markets in the Southeast.
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Under LOI
The Landing at Beaver Creek
38.69 Acres
W Beaver Creek Drive
Powell, TN  37849
Type:  Land
Posted: 10/10/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 266-unit Charlotte Value-Add Portfolio, which can be acquired together or individually. The four assets are situated in North Carolina’s largest metropolitan area. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-77, I-485, and I-85 to Charlotte’s major economic drivers. Immediate areas surrounding the properties boast meaningful household incomes, dominant white-collar populations, and steady rent growth. The properties offer an outstanding opportunity to gain immediate scale and infrastructure in a high growth Southeastern market. Built from 1951-1994, the portfolio arrives to the market primed for a value-add campaign projecting average premiums of $100-$160.
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Charlotte Value-Add 4 Portfolio (4 properties, 266 units)
The Pines of Cabarrus
44 Units
1919 Pine Bough Ln
Charlotte, NC  28027
Posted: 10/23/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ± 48-acre development site, The Reserve at Savannah Harbor Development Site, located in Savannah, GA. Positioned on Hutchinson Island, just a short drive or ferry ride from historic downtown Savannah, the site’s location offers the opportunity for luxurious island living with all the conveniences and amenities of a major city. The opportunity consists of 149 finished lots with utilities, a completed clubhouse, and raw land with potential for 172 additional lots, poising it well for build-to-rent development. Lots have unrivalled views of the Savannah Harbor Golf Course, the Savannah River, the Little Black River, the Talmadge Memorial Bridge, and downtown Savannah. Significant public and private investments are in progress across multiple developments on Hutchinson Island. Savannah’s growth, fueled by its thriving port, has bolstered an impressive coastal economy. The Reserve at Savannah Harbor Development Site presents a generational chance to acquire a large portion of the only island off downtown Savannah and develop one of the city’s premier and most unique communities.
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Under LOI
The Reserve at Savannah Harbor
48 Acres
407 Reserve Way
Savannah, GA  31401
Type:  Land
Posted: 1/25/2024
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 194-unit Park Square and Townhomes @ Spartanburg, which can be acquired together or separately. Positioned less than a mile apart, the assets’ proximity to each other allows for portfolio synergy of shared operations in Spartanburg, SC. Each property directly benefits from the Upstate’s burgeoning economic growth, which has experienced over $5B in capital investments since 2022. Residents are provided streamlined access to the MSA’s top employers, including industry anchors BMW Plant Spartanburg, Inland Port Greer, and the Michelin Manufacturing Plant via I-26 and I-85. The surrounding area boasts impeccable market metrics, including above average rent growth (30%), rising home values (52% growth), and positive demographics ($64K HHI), in addition to top notch retail, including WestGate Mall, Market Square, and The Dorman Centre. Built in 1968 and 1974, both properties arrive to the market with a rare opportunity to implement Class-A finish levels and achieve $150 premiums, setting the communities in line with market comparables.
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Park Square & Townhomes at Spartanburg (2 properties, 194 units)
Townhomes @ Spartanburg
98 Units
201 East Blackstock Road
Spartanburg, SC  29301
Type:  Multifamily
Posted: 3/27/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 94-unit Vivo Greenville apartment community located in the emerging Southeast primary market of Greenville, SC. Built in 1999 and repositioned in 2021, the property is situated just 3 miles East of downtown Greenville providing residents access to a plethora of retail including Whole Foods, Haywood Mall: the largest indoor mall in South Carolina, high paying jobs (102k+ within 15 minutes), and top-notch education (A rating). The immediate area surrounding the property boasts exceptional demographics with an average household income of $95k and dominant white-collar workforce (68%) further supported by 14% projected rent growth through 2028. Arriving to market achieving premiums up to $95, Vivo Greenville’s proven value presents new investors an exceptional opportunity to acquire a well-capitalized asset ($1M in CapEx since 2021). Implementing a value-add 2.0 initiative will command the property additional premiums of $250+ to set the property in line with top of market competitors.
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VIVO Greenville
94 Units
75 Mall Connector Road
Greenville, SC  29607
Posted: 10/17/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the W Flats apartments, a 247-unit apartment community located in Charlotte, NC. The asset is conveniently situated a short 10-20 minute drive to Charlotte’s most prominent employers and amenities, with upcoming access to the proposed LYNX Silver Line light rail, The Pearl Medical Center, and the Eastland Mall redevelopment site. Built in 1986, W Flats represents an outstanding opportunity to invest in the rapidly transforming East Charlotte submarket with a highly desirable demographic pool of sizeable average household incomes, educated residents, and continuous market rent growth. With all 247 units previously renovated and nearly $2.7 million invested since 2015, the property possesses potential additional growth opportunities to close the gap between comparable properties in the submarket, supported by a $345+ rent headroom.
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W Flats
247 Units
7200 Wallace Road
Charlotte, NC  28212
Type:  Multifamily
Posted: 2/7/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit Triad Value-Add Portfolio community located in Greensboro and High Point, NC. Meadowbrook Apartments (High Point), Westwood Heights (High Point), and Glenside Woods (Greensboro), are in one of the highest growth regions of the country. The portfolio offers an outstanding opportunity to invest in an area with industry growth, diversification, and connectivity. The in-place value-add program at each property has lead to $125+ premiums on renovated units over classic units. By completing the unit renovations, incoming investors can increase annual revenue by 25%+.
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Triad Value-Add 3 Portfolio (3 properties, 288 units)
Westwood Heights
80 Units
201 Dorothy Street
High Point, NC  27260
Type:  Multifamily
Posted: 10/23/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 747-unit Spartanburg Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in one of South Carolina’s most admired cities. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. Immediate areas surrounding the properties boast high average household incomes, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in this booming pocket of Upstate South Carolina. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in a high growth Southeastern market. Built from 1972-1986, the portfolio arrives to the market primed for a Class-A value-add campaign projecting average premiums of $200-$250.
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Under Contract
Spartanburg Value-Add 5 Portfolio (5 properties, 747 units)
Willow Lakes
95 Units
2900 Reidville Road
Spartanburg, SC  29301
Posted: 7/26/2023