Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Idora Apartments (the "Property" or "Idora"), a 33-unit luxury midrise apartment community located in Oakland, California. Situated in Oakland’s trendy Temescal neighborhood, the property provides the rare combination of modern design, a core location and instant transit access.

Completed in 2017, Idora was constructed to condominium-quality standards and has a condominium map in-place. The Property is a five story luxury apartment community that has a favorable unit mix of 14 one-bedroom and 19 two-bedroom units, in addition to approximately 2,400 square feet of ground floor retail. Idora is located in a thriving Oakland submarket which provides residents easy access to the San Francisco Bay Area’s economic and lifestyle offerings that make it one the world’s premier places to work and play.

Idora Apartments is offered in conjunction with the 50-units located at 777 Broadway located in downtown’s Old Oakland neighborhood. These two properties are available individually or as a portfolio, providing immediate scale.

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Idora Apartments
33 Units
5239 Claremont Avenue
Oakland, CA
Posted: 1/10/2019

Inspirado Apartments, located in the Northwest part of the Valley, is a 2010 vintage property, well maintained, next to the Santa Fe Station Hotel & Casino. Inspirado was designed by one of the areas finest custom home builders, and features an European style swimming pool, relaxing hot tub, cabana area with built in gas grill, a ftiness facilty and a state of the art business center.

With rents currently averaging $1258.00 or $1.28 per sq. ft. Inspirado is a prime value-add candidate, with original interiors. This provides for the opportunity to perform renovations in each unit, such as: adding wood-look flooring, upgrading appliances, hardware, lighiting and paint. With these renovations in place, an owner could raise rents of this property to match the surrounding competiton.

There is also an additional opportunity to improve the clubhouse and ammenity package for the property. Rennovations such as clubhouse upgrades can assist the property in appealing to residents that live close to the property. The average house hold income for residents within one mile of the property is around $80,000 per year and there are over 400K people living within a 5 mile radius of the property.

Inspirado Apartments is a prime value-add candidate located in an affluent area of the Las Vegas Valley.

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Inspirado Apartments
   
Posted: 10/14/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Inspire SouthPark, a generational, 369-unit NGBS-Bronze-Certified apartment community located in Charlotte’s most affluent submarket of SouthPark. As one of the most sought-after residential locations in the Southeast, SouthPark is infill Charlotte’s premier live-work-play destination defined by upscale retail, trendy restaurants, and Fortune 500 employment centers across a walkable urban backdrop. Recognized as the city’s "Best Residential Development" by the Charlotte Business Journal at the 2018 CRE Heavy Hitters Awards, Inspire SouthPark boasts best-in-market amenities focused on micro-experiences, a distinguished presence along heavily-trafficked Sharon Road, and the neighborhood’s best access to Charlotte’s CBD. With stabilization imminent following Inspire SouthPark’s remarkably rapid lease-up, investors are ideally positioned to realize embedded rent growth driven by the continuation of lease-up burn off, attractive fundamentals highlighted by blue-chip renter profiles, and catalyzing new development that will redefine SouthPark’s positioning as Charlotte’s premier submarket.
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Under Contract
Inspire SouthPark
369 Units
345 Sharon Township Lane
Charlotte, NC  28211
Type: Conventional
Posted: 9/4/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present Integra Sunrise Parc – a brand new, 300-unit luxury garden apartment community located in Kissimmee, Florida. The property was thoughtfully crafted to create the highest design standards and living experience. Located in the Hunter’s Creek/Sunrise City submarket, the property provides rare suburban accessibility to nearby shopping and dining that includes Publix, Walmart, The Loop and Lake Buena Vista Outlets. Residents also have access to one of the most active employment markets in the Orlando metro. Integra Sunrise Parc is being offered for the first time by its developers, Integra Land Company, CrossHarbor Capital and Panther Residential Management LLC.
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Integra Sunrise Parc
300 Units
4701 Luminous Loop
Kissimmee, FL  34746
Type: Conventional
Posted: 9/30/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels. The properties are being offered as a portfolio or individually.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
Ivy at Wilton Manors
18 Units
2640 NE 8 Avenue
Wilton Manors, FL
Posted: 10/3/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 166-unit apartment portfolio located in Clarksville, TN & Oak Grove, KY. The portfolio consists of five properties: Fort Campbell: [Campbell House (48 units), Hunter Hills (26 units), & Harrier Court (16 units)], Jack Miller (40 units), & Oak Grove (36 units). This asset is situated in the strategically-located submarket of northwest Nashville. Built between 1972 and 2005, these assets offer an outstanding opportunity to invest in stable, cash flowing assets primed for value-add campaigns to further boost returns.
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Clarksville Value-Add Portfolio (5 properties, 166 units)
Jack Miller
40 Units
422 Jack Miller Boulevard
Clarksville, TN  37042
Type: Conventional
Posted: 10/2/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present the City Center Portfolio, a 500-unit, four property portfolio located in Newport News, Virginia. The Properties - Kingstowne (1974 & 1985), Boston Cove (2008), Forrest Court (1971), and Victoria Place (1985) - exhibit strong value-add fundamentals with in-unit renovations which can generate significant rent increases, proven out within the broader submarket. A substantial amount of capital has been invested in the Properties that limits downside risk associated with deferred maintenance and will allow a new investor to focus on income generating renovations. Additionally, the Portfolio is being offered at a price significantly below replacement cost, providing investors with an incredibly attractive acquisition basis relative to newly constructed Class A properties. The Properties are strategically located around Newport News’ premier mixed-use development, City Center at Oyster Point, and have immediate access to I-64 only minutes away. The City Center Portfolio is a rare opportunity to combine irreplaceable Newport News locations and immediate scale with additional upside in the vastly expanding Hampton Roads market.
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Under LOI
Newport News City Center Portfolio (4 properties, 500 units)
Kingstowne
384 Units
500 Oscar Loop
Newport News, VA  23606
Posted: 7/8/2019
Cushman & Wakefield San Antonio Commercial Advisors is please to exclusively offer the La Bella Apartments in San Antonio, TX. The asset consists of 24-units in three buildings with brick and cement composite exteriors.There are five different floor plans ranging from approximately 480 SF to 750 SF. La Bella Apartments represents an outstanding investment. Rents are below-market and there is currently no RUBS in place. With light interior and exterior renovations, and based on a five-year hold, the asset offers potential returns of 14% cash-on-cash and an IRR of 18%. The 11 units on Club Drive were built in 1960 with concrete slab foundations and flat roofs. Central HVAC is provided by roof-mounted condensing units and gas furnaces, and the owner pays the master-metered gas. The gas boiler providing hot water for all 11 units is only 3-4 years old. The 13 units on Fredericksburg were built in the 1930's with pier-and-beam foundation and pitched composition shingle roofs. It has window AC units and electric wall-mounted heat. Natural gas is individually-metered and paid by the tenants. The four small one-bed units share a single gas water heater, as do the laundry room and the two efficiency units above it. Each remaining unit has its own gas water heater. All roofs were replaced in the last three years. Electricity is individuallymetered, and all electrical wiring is copper. Natural gas services all stoves and the dryers in the laundry room, and rents include water. Common amenities include a central, gated swimming pool area, an onsite management office and a clothes care facility. There is also plenty of covered parking, continuously monitored by the digital surveillance system. Unit interiors feature a mix of vinyl plank, carpet and ceramic tile flooring, full appliance packages with gas stoves, and spacious floor plans with ample closets and built-ins. There are also (14) individual storage closets that can be rented for additional income.
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La Bella Apartments
24 Units
106 Club Dr.
San Antonio, TX  78201
Type: Conventional
Posted: 9/9/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels. The properties are being offered as a portfolio or individually.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
La Siesta
16 Units
1409-1413 N Dixie Highway
Fort Lauderdale, FL
Posted: 10/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 93-unit Lake Ridge apartment community located in Apex, North Carolina. This affluent suburb outside of Raleigh boasts blue chip demographics that see a resident base of 80% white collar workers bringing home an average household income of over $130K. This unique asset with highly desirable townhome floorplans is walking distance to downtown Apex, and is one of only ten market-rate, garden style properties in Apex - and is the only asset built before 1997. Lake Ridge offers an outstanding value-add opportunity that would see rental premiums of $200, and ultimately see a 45% increase to NOI propped up by an affluent renter base that can support future rent increases.
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Under LOI
Lake Ridge
93 Units
503 West Chatham Square
Apex, NC  27502
Type: Conventional
Posted: 8/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit, Lake Shore Village apartment community located in Columbia, SC. Embedded next to one of the largest transportation arteries in the city, I-77, Lake Shore Village sits in close proximity to the top employment centers in the area where large investments have continually been made to expand and strengthen the Columbia job market. With affluent demographics, Lake Shore Village offers the chance to boost NOI by 58% with over 93% of units left to renovate generating $50 premiums.
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Under Contract
Lake Shore Village
280 Units
7645 Garners Ferry Road
Columbia, SC  29209
Type: Conventional
Posted: 5/22/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 183-unit Lake Terrace Gardens apartment community located in New Orleans, LA. This asset is situated in the thriving and diverse city of New Orleans, LA, less than five miles north of the French Quarter and less than two miles from the 1,300 acre City Park. Lake Terrace has little to no direct competition, due to the barriers of City Park to the west and Lake Pontchartrain to the north. Built in 1963 and renovated in 2008, Lake Terrace Gardens offers an outstanding value-add opportunity in a prime suburban in-fill location.
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Lake Terrace Gardens
183 Units
1620 Robert E Lee Blvd
New Orleans, LA  70122
Posted: 10/1/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit Latitude @ The Commons apartment community located in Myrtle Beach, SC. Developed by Trammell Crow Residential, a multi-family development leader for over 40 years, Latitude @ The Commons is a timeless community offering best-in-class living and amenities. The only institutionally developed community in The Market Common, Latitude @ The Commons offers the most sought-after location in Myrtle Beach’s utmost upper-echelon lifestyle district, while offering residents immediate access to the Atlantic Ocean. Latitude @ The Commons offers new ownership the opportunity to purchase a core plus asset well below replacement cost in a market with dwindling supply compared to a population surge that is rivaling Charleston, SC, and well-surpassing coastal cities Savannah and Wilmington. Along with an outsized population growth comes a job market that is expected to outpace new deliveries by 20:1, priming the Myrtle Beach market for 14% rent growth through 2023 and a vacancy rate forecast to stay at 5%. Latitude @ The Commons is poised to generate average premiums of $145 by meeting the markets’ demand for high-end finishes and completing a Class-A renovation program bridging the rental gap between its competitors for which it currently trails by ~$200.
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Latitude @ The Commons
288 Units
2222 Crow Lane
Myrtle Beach, SC  29577
Type: Conventional
Posted: 8/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Laurel View, a newly-constructed 174-unit apartment community in Charlotte, NC’s thriving suburb of Concord. Recently stabilized in Feb-2019 after rapid absorption, Laurel View offers new ownership the chance to acquire a brand new asset poised for immediate rent growth to close the current $160+ gap to class A competitors in Concord - an affluent suburban submarket defined by well-educated residents and dominant white collar employment. Concord’s diminishing supply pipeline ideally positions Laurel View within an insulated competitive submarket that offers blue-chip convenience to expanding lifestyle amenities and Charlotte’s most prominent job centers via seamless access to I-85.
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Under Contract
Laurel View
174 Units
350 Joshua Place NW
Concord, NC  28027
Type: Conventional
Posted: 4/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit Legacy at Summerchase apartment community located in the rapidly-expanding submarket of Prattville, AL. Prattville has benefited from strong schools and its proximity to Alabama’s capital city, Montgomery. The asset is strategically positioned in a high-traffic retail corridor with ingress/egress to McQueen Smith Road and easy access to downtown Montgomery. Built in 1988, Legacy at Summerchase represents an outstanding opportunity to invest in a proven value add asset that is experiencing heavy demand within a budding submarket.
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Under Contract
Legacy at Summerchase
152 Units
100 McQueen Smith Road S
Prattville, AL  36067
Type: Conventional
Posted: 6/4/2019

This 4.1 acre site is located in the dynamic mixed use Liberty Center retail complex, the largest recreational center in the Cincinnati and Dayton region, and provides I-75 visibility.  Current PUD would allow land to be developed for several different uses including hotel, office and entertainment

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Liberty Center Development Site
4.18 Acres
Warehouse Row
Liberty Township, OH  45069
Type: Land
Posted: 7/22/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 302-unit Lively Indigo Run apartment community located in Ladson, SC. Featuring awe-inspiring curb appeal, top-of-the-line interiors and a market leading amenity package, Lively Indigo Run is truly the premier multifamily asset in the Ladson area of North Charleston. With convenient I-26 access, the property is just minutes from Downtown Charleston as well as major employment centers including Boeing (8,200 jobs), Joint Base Charleston (22,000 jobs), the new Mercedes-Benz plant (1,300 jobs) and Volvo plant (2,000 jobs). Located within the Ingelside mixed-use development micromarket, the property offers an unmatched quality of life and is in close proximity to North Charleston’s most coveted retail and entertainment destinations. Lively Indigo Run is uniquely positioned to capitalize on long-term favorable market fundamentals.
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Under Contract
Lively Indigo Run
302 Units
9255 Blue House Road
Ladson, SC  29456
Type: Conventional
Posted: 7/2/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 2.68-acre Marathon Village Land development site located in Nashville, Davidson County, Tennessee. The site qualifies as an Opportunity Zone and is uniquely situated in the Marathon Village neighborhood, while bordering the highly affluent North Gulch. An additional 1.1-acre site is available in the immediate area. Located less than 1 mile from Downtown Nashville, the site offers an outstanding opportunity for new multifamily construction. Average rents are based on comparable properties outlined in Offering Memorandum.
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Marathon Village Land
   
1501 Herman Street
Nashville, TN  37208
Type: Land
Posted: 1/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 362-unit Cartersville Portfolio located in Cartersville and Adairsville, Bartow County, Georgia. These assets are situated in rapidly-expanding northwest suburban Atlanta with proximity to the prolific I-75 accelerated growth corridor. Built in the early to later 2000s, these nine sets of properties represent a rare opportunity to establish a substantial investment footprint in one of Atlanta’s northwest expansion areas where the population is projected to increase by 30% through 2050.
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Cartersville Portfolio (9 properties, 362 units)
MCIP Townhomes
74 Units
100 Mountain Chase
Cartersville, GA  30120
Posted: 5/22/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 424-unit South Carolina Value-Add 3 Portfolio. Embedded just outside of downtown Spartanburg and downtown Columbia, the properties are located in their respective cities’ most popular neighborhoods, near top employment centers in the areas where large investments have continually been made to expand and strengthen the Upstate and Columbia job markets. Surrounded by affluent demographics, this portfolio offers the chance to boost NOI tremendously by completing market driven value-add campaigns set to achieve average premiums of $125 - $150, while still maintaining an extensive rent runway to key comparables in both submarkets.
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South Carolina Value-Add 3 Portfolio (3 properties, 424 units)
Meadow Green
Offers Due:  Thursday, November 7, 2019
116 Units
1504 Fernwood Glendale Road
Spartanburg, SC  29307
Type: Conventional
Posted: 10/8/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 15.04 acre land site located on the corner of Milton Road and Barrington Drive in Charlotte, NC. Firmly cemented in a solid demographic region, The Milton Road land site offers seamless connectivity to Charlotte’s largest job centers by way of NC-24 and the land is already zoned for multifamily development. With the Charlotte LYNX Blue Line transit system finished and more expansion underway, East Charlotte is expected to boom in development. Over 80% of the apartment complexes in this submarket are greater than 15 years in age, providing developers with an outstanding opportunity to capture first-class market share in the area.
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Milton Road Land Site
   
Milton Road
Charlotte, NC
Type: Land
Posted: 8/9/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 362-unit Cartersville Portfolio located in Cartersville and Adairsville, Bartow County, Georgia. These assets are situated in rapidly-expanding northwest suburban Atlanta with proximity to the prolific I-75 accelerated growth corridor. Built in the early to later 2000s, these nine sets of properties represent a rare opportunity to establish a substantial investment footprint in one of Atlanta’s northwest expansion areas where the population is projected to increase by 30% through 2050.
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Cartersville Portfolio (9 properties, 362 units)
Mockingbird Townhomes
24 Units
45 Mockingbird Drive
Cartersville, GA  30120
Posted: 5/22/2019
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire Montgomery 7 (the "Property"), a high-density transit-oriented development site located in a Qualified Opportunity Zone ("OZ") in San Jose, California. Situated steps from Google’s future Transit Village at Diridon Station, the Property benefits from immediate proximity to the ±8 million square feet of Class-A improvements and 25,000 high paying jobs expected at this transformative urban redevelopment. The Property is located within the Downtown Employment Priority Area overlay, providing an investor the opportunity to develop up to 344 multifamily units.
Montgomery 7’s strategic access to the most innovative companies in the world has positioned its neighborhood as Silicon Valley’s top income growth submarket. Median household incomes in Diridon area are forecasted to grow 20% by 2024 while the number of local households with annual incomes greater than $150,000 is expected to grow 43% during this same time. As a fully-amenitized community located adjacent to Diridon Station, the Property will offer the high end, transit-oriented living experience critical to attracting the region’s most affluent renters.
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Montgomery 7
0.43 Acres
543-565 Lorraine Avenue
San Jose, CA  95110
Type: Land
Posted: 10/7/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 362-unit Cartersville Portfolio located in Cartersville and Adairsville, Bartow County, Georgia. These assets are situated in rapidly-expanding northwest suburban Atlanta with proximity to the prolific I-75 accelerated growth corridor. Built in the early to later 2000s, these nine sets of properties represent a rare opportunity to establish a substantial investment footprint in one of Atlanta’s northwest expansion areas where the population is projected to increase by 30% through 2050.
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Cartersville Portfolio (9 properties, 362 units)
Morgan Square
52 Units
290 East Felton Rd
Cartersville, GA  30121
Posted: 5/22/2019