The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±5.43-acre Midcity Commons Multifamily Development Site located in Bentonville, AR. Permits have been approved for the site, which is entitled for 185 garden apartment units as well as a small retail space and various first-class amenities. The site is well-located, just minutes from Northwest Medical Center, Sam’s Club HQ, and various Walmart employment hubs, all while being just 3 miles south of thriving Downtown Bentonville. Steady rent growth is forecasted for the Bentonville multifamily market, which also benefits from household incomes exceeding $100K and some of the best schools in the state. The Midcity Commons Multifamily Development Site presents an attractive opportunity to develop a Class A garden apartment project in one of the country’s fastest growing multifamily markets.
...
Midcity Commons
Offers Due:  Thursday, July 18, 2024
5.34 Acres
SE John Rollow Dr & SE 28th St
Bentonville, AR  72712
Type:  Land
Posted: 5/29/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Midsomer at Sage Creek, a 75 unit, 2023 built BTR community located in Graniteville, SC. Midsomer at Sage Creek arrives to the market as a one-of-a-kind build-to-rent community located in the desirable Northwest Aiken Submarket. Embedded in the Sage Creek community, the asset boasts high-end construction with a combination of upscale finishes and quality amenities. Residents at the property benefit from being within minutes of top employers (Savannah River Site ~11,000 employees and Bridgestone 1,874 employees). Direct access to I-20 offers ease of travel to employers and major retail in the Augusta and Aiken MSAs. Property performance also benefits from an under-supplied Graniteville multifamily market, being the only delivery within a 5-mile radius since 2012. Delivery is supported with strong demographics, boasting $71k+ average household income.
...
Midsomer at Sage Creek
75 Units
507 Satinwood Circle
Graniteville, SC  29829
Posted: 2/22/2024
N/NEC 2nd Ave & Osborn Rd
   
SW 3550 N. Central Ave
Phoenix, AZ  85012
Posted: 6/7/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Nine50 Town Lake at Midtown apartment community located in Brazos County, College Station, Texas. This asset is situated in the rapidly-expanding southeast area of College Station. Built in 2023, Nine50 Town Lake at Midtown offers an outstanding opportunity to invest in an asset with an assumable HUD loan within an area characterized by scarce supply and highly favorable demographics.
...
Under LOI
Nine50 Town Lake at Midtown
264 Units
950 Town Lake Drive
College Station, TX  77845
Posted: 4/2/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 195-unit North Creekside apartment community located in the booming Northwest Arkansas MSA. This asset is situated in the heart of highly sought-after Fayetteville, AR. Built in 1974, North Creekside offers an outstanding opportunity to invest in an asset with 100% classic interiors, coupled with market-backed Value Add upside in an irreplaceable micro location.
...
Under Contract
North Creekside
195 Units
1764 North Leverett Ave
Fayetteville, AR  72703
Type:  Multifamily
Posted: 2/13/2024
Under Contract
Stillwater Value-Add Porfolio (4 properties, 289 units)
Northfield
12 Units
1309 N Perkins Rd
Stillwater, OK  74075
Cushman & Wakefield is pleased to present a unique opportunity to purchase a fully entitled ±20,250 square foot, high density high-rise multifamily development site in Phoenix’s rapidly transforming Central Corridor located in the Opportunity Zone. Seller would also consider a co-development or build to suit. This rare site is located along the Valley Metro Light Rail, with two stations within walking distance of the property at Central Avenue and Roosevelt Street, and Central Avenue and Van Buren Street.  Phoenix’s urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars.  In addition to the Light Rail, the area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 12,200-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus.  The result is an unprecedented demand for urban living solutions in the Central Corridor. The opportunity consists of two (2) parcels with a combined total of ±20,250 square feet of developable land on the northwest corner of 1st Street and Pierce Street.  This transit oriented development site is bound by two streets and is currently planned for a 37 story, 346 unit tower (Maximum density allows up to 384 units).
...
NWC 1st Street & Pierce
   
710 N 1st Street
Phoenix, AZ  85004
Posted: 1/18/2022
Under Contract
Stillwater Value-Add Porfolio (4 properties, 289 units)
Oak Park Village
120 Units
2903 N Perkins Rd
Stillwater, OK  74075

Cushman & Wakefield/The Lund Company (“C&W/Lund”) is pleased to present Old Mill Apartments, a 248-unit apartment community located in Omaha, Nebraska. Old Mill has maintained stable occupancy and strong cash flow. The immediate area includes many retailers within walking distance and is located within a few blocks from Interstate I-680 allowing for easy access to the rest of the Omaha Metro. With a strong, diverse economy, Omaha continues to have very low unemployment and steady population growth.

...
Old Mill Apartments
248 Units
10905 N Mill Court
Omaha, NE  68154
Type:  Multifamily
Posted: 6/1/2020

The Old Ranch & Kettle Creek Land Sites are two well-located parcels in North Colorado Springs, near the intersection of Voyager Parkway and Old Ranch Road. The immediate submarket is anchored by Interquest Parkway and has become one of the most prominent and active growth corridors in the region with a mix of commercial, retail, entertainment, recreation, education, health services and residential uses. The area is dominated by several large master planned communities including The Farm and Flying Horse Ranch to the North, Pine Creek to the South, and Wolf Ranch and Cordera to the East. Housing demand is very strong in this submarket and many of these large legacy communities are either built out or approaching close out. Multi-family rental communities in this area have steady occupancy levels and higher comparable rent rates to the rest of Colorado Springs. The sites can be purchased together, but are available to be purchased separately as well.

...
Old Ranch Road & Kettle Creek
12.12 Acres
2060 Old Ranch Road & 10515 Kettle Creek Road
Colorado Springs, CO  80908
Type:  Land
Posted: 4/29/2024

Cushman & Wakefield's Mid-Atlantic Multifamily Advisory Group is pleased to present One Charles Center, a rare and generational opportunity to acquire a large residential conversion opportunity in Baltimore’s dynamic Central Business District. The Building is well-suited for acquisition by a developer seeking to deliver Class A Urban High-Rise Product with deep luxurious amenities.

Totaling 23 Floors, One Charles Center is well-appointed to attract urbane sophisticated renters seeking city living in proximity to major work and entertainment centers. The Property was originally designed by world-renowned architect, Ludwig Mies van der Rohe, and is recognized as the first building in Charles Center precipitating Baltimore’s urban renewal movement in the 1960’s. One Charles Center underwent major renovations in 1987 and 1993 with the latter renovation restoring the building to its original Mies van der Rohe design and condition. A full-service amenity floor was added to the building in 2021.

The Central Business District and Downtown Baltimore has seen a resurgence of late with $50M+ in Transaction Volume within 2 blocks of One Charles Center across nearly a dozen transactions since January 2020.

...
One Charles Center
   
100 N. Charles Street
Baltimore, MD  21201
Posted: 9/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the +/- 98.80-acre Overlook at Asheville Development Opportunity located in Asheville, NC. The site is approved for 210 apartment units, 130 build-to-rent townhomes, and up to 176 duplex units, offering an exciting product mix that will be attractive to a wide range of renters and aspiring homeowners. Located on a scenic gently sloping mountainside on the outskirts of Asheville, the site has a distinct mountain feel while only being a 10-minute drive from downtown Asheville and all the fantastic dining and shopping opportunities within the city. The site is in an affluent pocket of suburban Asheville, with average household income set to exceed $100K within a 1-mile radius by 2027. The Overlook at Asheville Development Opportunity presents a rare opportunity to enter the thriving Asheville market with scale on a scenic mountainside.
...
Under Contract
Overlook at Asheville Development Opportunity
98.8 Acres
Old Charlotte Highway
Asheville, NC  28803
Posted: 1/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Palmier – 112 units in Mobile, AL, and Camille Village – 86 units in Pass Christian, MS. Each asset is located within high-growth submarkets of the Mobile MSA and Mississippi Gulf Coast, where there has been remarkable rent growth of 20%+ in the last three years. The Mobile, AL economy is anchored by the Port of Mobile which supports 350,000+ jobs and has an annual economic impact of nearly $100 billion across the State. The Mississippi Gulf Coast touts stability with an economy deeply rooted in the military, healthcare, manufacturing Industries. Both Palmier and Camille Village arrive to market on the heels of extensive repositioning efforts with uptrending cash flows. With the heavy legwork already completed, future ownership will benefit from quality physical plants and organic revenue growth upside.
...
Under Contract
Palmier & Camille Village (2 properties, 198 units)
Palmier
112 Units
400 Westwood St
Mobile, AL  36606
Type:  Multifamily
Posted: 2/7/2024
Cushman & Wakefield Inc., as exclusive advisor, is pleased to present the opportunity to acquire the Novus Lakefront Mixed-Use Development Site (the “Development Site”), presenting a rare opportunity to develop five lake front parcels. With significant frontage on Tempe Town Lake, the Development Site is comprised of approximately 14 acres in the Novus Innovation Corridor at Arizona State University, and represents the largest undeveloped contiguous lake front site on Tempe Town Lake.
...
Parcel 5C-5D-5E-5FW-5FE-Novus Innovation Center
14.4 Acres
NWC & NEC Rio Salado Parkway & Rural Road
Tempe, AZ  85281
Type:  Land
Posted: 10/5/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 307-unit Broadway Townhomes & Park Place Townhomes multifamily communities located in Atlanta, Georgia. These assets are strategically-located in the thriving Atlanta aerotropolis with direct access to the metro’s largest employer, Hartsfield-Jackson International Airport. Built in 1970 & 1971 with Park Place being fully renovated in 2018, these two properties offer expansive, townhome floor plans in a surging south Atlanta multifamily submarket.
...
Broadway & Park Place Townhomes (2 properties, 307 units)
Park Place
124 Units
2001 Godby Road
College Park, GA  30349
Type:  Multifamily
Posted: 1/16/2024
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.
...
Under Contract
Park Square & Townhomes at Spartanburg (2 properties, 194 units)
Park Square
96 Units
1480 W.O. Ezell Boulevard
Spartanburg, SC  29301
Type:  Multifamily
Posted: 3/27/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Mauldin Heights & Parkview, a premier 130-unit apartment portfolio located in a bustling Mauldin, SC market. Both properties are situated downtown in an area experiencing rapid economic growth through the extension of the Swamp Rabbit Trail, downtown Mauldin’s City Center redevelopment and the new town center of BridgeWay Station. The Mauldin submarket continues to prove out its heightened multifamily desirability. Centrally located, the portfolio offers residents direct access via I-85 and I-385 to several Greenville County’s largest employers with over 135k jobs within a 20-minute drive and top retail centers like the Woodruff Road retail corridor, Mauldin Square, and downtown Greenville. Built in 1971 & 1974, each asset offers an exceptional opportunity to acquire a primed for value-add portfolio in an affluent and high growth Southeastern market.
...
Under Contract
Mauldin Heights & Parkview (2 properties, 130 units)
Parkview
50 Units
10 Moore Street, #55
Mauldin, SC  29662
Type:  Multifamily
Posted: 10/2/2023

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

...
Louisville 5 Portfolio (5 properties, 1,460 units)
Partridge Meadows
502 Units
8102 Four Winds Drive
Louisville, KY  40222
Type:  Multifamily
Posted: 5/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 25-acre, Peters Tract development opportunity located in Aiken, South Carolina. Situated adjacent to Aiken Elementary School, Peters Tract is approved for a 275-unit apartment community giving developers the chance to contribute to a 59-acre PUD. The land is positioned near the redevelopment of Aiken Mall, which will transition to a live, shop, play district that will spur future development in the coming years as new residents flock to the area. The submarket is attracting a stronger demographic base more than ever, with average household income of $93.9K, 70% White Collar Workforce, and 46% of residents hold a bachelor’s degree or higher within a 3-mile radius. Rental rates have surged over the past 5 years, realizing a 27% uptick. Peters Tract is poised to reward developers on a continued path of growth as vacancies trend downward and rental rates surge during the massive migration to the Sunbelt region.
...
Peters Tract Multifamily Development Site
24.78 Acres
Rinehart Way
Aiken, SC  29803
Type:  Land
Posted: 9/6/2023

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the Phillips Wendell Collection, an irreplaceable 10 property portfolio, totaling 85,000 +/- GSF located in Harvard Square, the heart of Cambridge, Massachusetts.

Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the lease-up of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, and the potential for new ground-up residential construction, among other options and strategies.

The Phillips Wendell Collection is situated in one of the most esteemed locations in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Wendell Street, Philips Place, and Sacramento Street, each building is located within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Process & Pricing

Phillips Wendell Collection is offered on an "as-is" basis and without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a "Call for Offers".

Investors are invited to submit bids for the Phillips Wendell Collection as a single portfolio, sub-portfolios or individual properties.

...
Under Contract
Phillips Wendell Collection
   
3 Phillips Place
Cambridge, MA  02138
Posted: 3/20/2023
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.
...
Under Contract
Spartanburg 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
Pine Valley Apts
31 Units
195 Cannon Ball Loop
Branson, MO  65616
Type:  Multifamily
Posted: 5/1/2024

9.01-acre shovel ready site in Woodland Park

Approved development plan for 49 Townhomes & 20 Paired Patio Homes

Rare development opportunity with limited supply of rental and for sale products in the area

Existing stormwater retention available next to the site that serves the project and the larger Stone Ridge subdivision

Located within the desirable Stone Ridge development that has completed all the required parkland dedication & fees required by the city

3.52 acres of internal open space for resident and trail use

...
Pines at Stone Ridge
9.01 Acres
845 Research Drive
Woodland Park, CO  80863
Type:  Land
Posted: 4/29/2024
This is a Bankruptcy Sale and in our opinion will take an all cash buyer to purchase. The property has high vacancy and will be sold in its "As Is" condition. Tour Dates: July 9, 2024 from 12:00 noon to 2:00 pm and July 12, 2024 from 10:00 am to 12:00 noon. Call for Offers: 5:00 pm July 16, 2024 All offers will be reviewed by a Chapter 11 Trustee and the Bankruptcy Court.
...
Plaza Estates Apartments
Offers Due:  Tuesday, July 16, 2024
62 Units
695 Plaza Avenue
Sacramento, CA  95815
Type:  Multifamily
Posted: 7/2/2024