The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,165-unit Legacy Mississippi portfolio. This portfolio offers substantial value add upside as each asset trails its competitive set in effective rental rates. With quality physical plants in place, the next investor can initiate targeted interior upgrades to achieve rental premiums and boost exit value. Built between 1981-2007, the Legacy Mississippi portfolio presents an outstanding opportunity to immediately acquire massive scale in Mississippi with major value add upside.
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Under Contract
Legacy MS Portfolio (6 properties, 1,165 units)
Legacy at River Pointe
152 Units
11594 Old Highway 61 North
Robinsonville, MS  38664
Posted: 3/4/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,165-unit Legacy Mississippi portfolio. This portfolio offers substantial value add upside as each asset trails its competitive set in effective rental rates. With quality physical plants in place, the next investor can initiate targeted interior upgrades to achieve rental premiums and boost exit value. Built between 1981-2007, the Legacy Mississippi portfolio presents an outstanding opportunity to immediately acquire massive scale in Mississippi with major value add upside.
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Under Contract
Legacy MS Portfolio (6 properties, 1,165 units)
Legacy at Westwind
230 Units
1800 Joy Circle
Horn Lake, MS  38637
Posted: 3/4/2021
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 244-unit Legacy Haywood apartment community located in Greenville, SC. Legacy Haywood offers investors the opportunity to own the best-in-class suburban asset in one of the most burgeoning markets in the Sunbelt. The property is ideally located between Downtown and the I-85/I-385 corridor which provides superior access to Greenville’s largest employment nodes and 59,000 jobs within a 3-mile radius. The Greenville market has consistently averaged 3%+ rent growth, and after an extended season of supply, is starting to witness a diminishing delivery pipeline as there are no proposed or under construction units within 3 miles of Legacy Haywood. Best-in-class amenities provide a resort-like feeling throughout the property, while carefully curated unit interiors highlight the asset’s superiority over submarket competitors. Built in 2020, Legacy Haywood represents an outstanding opportunity to invest in the premier asset of suburban Greenville while offering the opportunity to capture $240 in rental headroom to top-of-market competitors.
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Under Contract
Legacy Haywood
244 Units
930 Old Airport Road
Greenville, SC  29607
Posted: 3/24/2021
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of Legacy Park, a 250-unit, 2009-built apartment community located in high growth and affluent Brownsburg, a growing Indianapolis suburb. Legacy Park is located in one of Indiana’s hottest and most affluent submarkets. Hendricks County is among the country’s fastest-growing and offers residents an exceptionally high quality of life. Units at Legacy Park already offer desirable features including 9 foot ceilings, in unit laundry and open floorplans. Enhancing finishes will allow for rent premiums of $150+.
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Under LOI
Legacy Park
250 Units
6905 Legacy Park Dr.
Brownsburg, IN  46112
Type: Conventional
Posted: 3/25/2021
The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of a 4.18 acre site zoned for development use located across from a landmark town center. Liberty Center fuses luxury living, dynamic dining, best-in-class retail and engaging entertainment within an active and connected urban neighborhood.
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Under Contract
Liberty Center Residential Site - Liberty Township
4.18 Acres
Liberty Way
Liberty Township, OH  45069
Type: Land
Posted: 10/20/2020
The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of a 5.69 acre residential development site zoned for 104 units located across from a landmark town center. Liberty Center fuses luxury living, dynamic dining, best-in-class retail and engaging entertainment within an active and connected urban neighborhood.
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Under Contract
Liberty Center Residential Site - West Chester
5.69 Acres
Liberty Way & Foster Lane
West Chester, OH  45069
Type: Land
Posted: 10/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Liberty Club, a 240-unit, 2020-built apartment community located in Hinesville, GA. Liberty Club is a high cash flowing asset with strong property performance that has seen continual rental increases since delivery at the beginning of 2020. Recent leases are achieving 30% higher than current in-place rents and are continuing to rise. As Hinesville residents continue to look for luxury, the demand for high quality assets coupled with the lack of recent multifamily developments has propelled such rental increase. In addition to strong property performance, Liberty Club is strategically located only 2 miles from Fort Stewart, walking distance from grocery and restaurants and minutes away from Hwy-84 providing quick access to Richmond Hill and Savannah.
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Liberty Club
Offers Due:  Thursday, June 24, 2021
240 Units
915 E General Stewart Way
Hinesville, GA  31313
Type: Conventional
Posted: 5/14/2021
Under Contract
Lindenwood Court
74 Units
4841 Boyd Street
Type: Conventional
Posted: 6/3/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 178-unit multi-asset portfolio located in Albany, Dougherty County, Georgia. The assets are strategically located in the desirable west side of Albany. Built in 1973/1972, Willow Wood & Lippitt represent an outstanding opportunity to invest in a value-add ready asset with significant return upside. The community is poised to benefit from several new jobs coming in the next 12 months, Phoebe Putney Health adding 350 new jobs in 2021 and Outdoor Network is investing $22 million and adding 92 new jobs into the community.
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Willow Wood & Lippitt (2 properties, 178 units)
Lippitt
Offers Due:  Thursday, June 17, 2021
40 Units
926 Lippitt Drive
Albany, GA  31701
Posted: 5/19/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit LIVE Charlestowne & LIVE Cedar Grove apartment communities located in Augusta, Richmond County, Georgia. This portfolio is situated in south Augusta, close to major retail and restaurant corridors as well as immediate access, via I-520, to over 50K Downtown employment opportunities and 25K Fort Gordon jobs. Built in 1968 & 1971, respectively, LIVE Charlestowne & LIVE Cedar Grove represent an outstanding opportunity to invest in a proven value-add story with significant upside coupled with the ability to create synergies through economies of scale.
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Under Contract
LIVE Augusta Portfolio (2 properties, 246 units)
LIVE Cedar Grove
126 Units
526 Richmond Hill Road
Augusta, GA  30906
Type: Conventional
Posted: 2/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit LIVE Charlestowne & LIVE Cedar Grove apartment communities located in Augusta, Richmond County, Georgia. This portfolio is situated in south Augusta, close to major retail and restaurant corridors as well as immediate access, via I-520, to over 50K Downtown employment opportunities and 25K Fort Gordon jobs. Built in 1968 & 1971, respectively, LIVE Charlestowne & LIVE Cedar Grove represent an outstanding opportunity to invest in a proven value-add story with significant upside coupled with the ability to create synergies through economies of scale.
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Under Contract
LIVE Augusta Portfolio (2 properties, 246 units)
LIVE Charlestowne
120 Units
2119 Lumpkin Road
Augusta, GA  30906
Posted: 2/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Carolinas Value-Add 5 Portfolio - five assets totaling 993 units, located in the desirable submarkets of Columbia, SC, Greenwood, SC, Florence, SC, and Greensboro, NC. The portfolio represents a significant value creation opportunity to invest in strong quality assets that have received a combined +$13.9 million in Capex across two southeastern high-growth states. Situated in bustling micro locations with high barriers to entry, these assets are poised for substantial growth with unparalleled access to a plethora of jobs, higher education, strong household income growth, and seamless connectivity to major thoroughfares. The portfolio arrives with an opportunity to perform a proven, successful value-add campaign on 56% (556) of the units. Built in 1949-1988, the Carolinas Value-Add 5 Portfolio presents an excellent value-add framework to build upon.
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Under Contract
Carolinas Value-Add 5 Portfolio (5 properties, 993 units)
LIVE Florence
144 Units
318 East Royal Street
Florence, SC  29506
Posted: 2/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Carolinas Value-Add 5 Portfolio - five assets totaling 993 units, located in the desirable submarkets of Columbia, SC, Greenwood, SC, Florence, SC, and Greensboro, NC. The portfolio represents a significant value creation opportunity to invest in strong quality assets that have received a combined +$13.9 million in Capex across two southeastern high-growth states. Situated in bustling micro locations with high barriers to entry, these assets are poised for substantial growth with unparalleled access to a plethora of jobs, higher education, strong household income growth, and seamless connectivity to major thoroughfares. The portfolio arrives with an opportunity to perform a proven, successful value-add campaign on 56% (556) of the units. Built in 1949-1988, the Carolinas Value-Add 5 Portfolio presents an excellent value-add framework to build upon.
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Under Contract
Carolinas Value-Add 5 Portfolio (5 properties, 993 units)
LIVE Gate City
100 Units
3227 Orange Street
Greensboro, NC  27405
Type: Conventional
Posted: 2/24/2021

The Cushman & Wakefield Multifamily Advisory Group is pleased to present this exclusive offering to purchase the Luna Apartments in Las Vegas, NV. The property is located in the gentrifying Charleston Preservation submarket, in the heart of West Las Vegas and adjacent to the highly affluent Summerlin submarket. The property is directly across from the College of Southern Nevada, which has a yearly rate of 31,000 students enrolled.

ESMI ranked Las Vegas at #2 on their Talent Attraction Scorecard, and Yardi ranked Las Vegas at #3, nationally, for rent growth among major metros. The Charleston Preservation submarket has maintained above-average rent growth through COVID, and the property has also sustained rent growth, month over month, through 2020. Yardi estimates the rent growth to be roughly at a 7.3% YoY change, making it one of the top sub-markets in Las Veas.

Ownership just started the process of implementing a renovation program, leaving plenty of value-add for prospective buyers. We estimate a renovation scope could achieve premiums of roughly $150 or more. Additional renovation options could also include improving private yards, which would allow incoming ownership to achieve an additional premium of roughly $75.

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Luna Apartments
Offers Due:  Wednesday, June 23, 2021
126 Units
6415 Casada Way
Las Vegas, NV  89107
Type: Conventional
Posted: 4/28/2021

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the MacDonald Building, located in St. Louis, Missouri. This asset is desirably positioned in an Opportunity Zone, at the corner of Washington Avenue and North 18th Street, and in the heart of a developing area just east of the new St. Louis CITY SC MLS Stadium (Delivery 2023).

The property is being offered for sale as a re-development opportunity with Federal and State Historic tax credits and a 10-year abatement secured and in place. As proposed, the property will include 71-units with garage parking and potential for rooftop amenities.

The existing building has been well maintained and can also be purchased as is for office or creative space use.

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MacDonald Building
71 Units
1800-1808 Washington Avenue
St. Louis, MO  63103
Type: Conventional
Posted: 3/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 133-unit Madison on Mercer apartment community located in Macon, Bibb County, Georgia. This asset is situated in the strategically-located, area of west Macon, just moments from big-box retailers like Sam’s Club, Best Buy, Kroger, The Home Depot and just north of Georgia Technical College. Built in 1979, Madison on Mercer offers an outstanding prospect to invest in a proven value-add opportunity within a thriving market.
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Madison on Mercer
133 Units
3601 Mercer University Dr
Macon, GA  31204
Posted: 2/2/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 84-unit Magnolia Ridge garden apartment community located in Gaffney, SC. This asset is strategically located in close proximity to historic downtown Gaffney and the nationally recognized Limestone College. Magnolia Ridge offers new ownership an opportunity to continue implementing the value-add campaign bringing features to the current renovated levels which are achieving average premiums of $70 across all unit sizes.
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Under Contract
Magnolia Ridge
84 Units
266 Goldmine Springs Road
Gaffney, SC  29340
Posted: 3/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1994-built, 110-unit Paladin apartment community and the 1993/1995-built, 44-unit Magnolia Trace, located in growing Greenville, NC. The properties are strategically situated in the path of growth, located within a mile of the ECU College of Nursing, ECU Brody School of Medicine, College of Allied Health Sciences, and Pitt County’s top employer, Vidant Medical Center. Each property offers an untapped value-add opportunity across all units for NOI boosts through a multi-pronged interior upgrade initiative with additional Other Income revenue streams. Greenville’s infrastructure will continue to urbanize as it shifts from an agricultural/manufacturing hub to Medical expertise & white collar workforce, while government employment provides an economic anchor during this generational transition. With no new deliveries scheduled in the area, Paladin and Magnolia Trace are poised to for strong performance with a stout location and sound market fundamentals for years to come.
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Under Contract
Magnolia Trace & Paladin (2 properties, 154 units)
Magnolia Trace Townhomes
44 Units
905-911 Allen Road
Greenville, NC  27834
Posted: 4/13/2021

The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of Main Street Village, a 400-unit, 2001/2003-built apartment community located in Granger, IN, a high-end area of South Bend.

The acquisition of Main Street Village offers buyers the opportunity to purchase a 2000’s built property in one of the most affluent populations in northern Indiana. The current owner has demonstrated the ability to increase rents through unit upgrades and the current rents are below the nearby competition. With more than 200 units still available to upgrade, a new owner has the ability to continue to increase revenue. Main Street caters well to the high-income population and offers a comprehensive amenity set and a variety of high-end unit finishes. The property is available free and clear.

For access to confidential documents, please register at: mainstreetvillage-cw.com

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Under LOI
Main Street Village
400 Units
5504 Town Center Drive
Granger, IN  46530
Type: Conventional
Posted: 3/10/2021
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of the 336-unit Maple Lane apartment community located in Elkhart, IN. Built between 1987 and 1990 with a brand new phase in 2021, Maple Lane represents an outstanding opportunity to invest in a well-maintained property with in-place cash flow and great upside potential.
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Maple Lane - Elkhart
Offers Due:  Friday, July 16, 2021
336 Units
2001 Sugar Maple Lane
Elkhart, IN  46514
Type: Conventional
Posted: 6/1/2021

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire 100% interest in Marina Del Rey, a 108-unit waterfront value-add opportunity located in Miami Beach, Florida. The property offers over 400 feet on the water with a private boardwalk providing expansive Biscayne Bay views.

None of the units have been upgraded, allowing a new owner tremendous revenue upside with a comprehensive value-add program. Nearby renovated properties are commanding rent premiums providing a future buyer with rent upside of over $350 per unit. For example, the property next door to Marina Del Rey has been renovated with one and two bedrooms rent of $1,650 and $2,300. The current market rents for one and two bedrooms at Marina Del Rey are $1,250 and $1,660 respectively, providing a clear and compelling value add strategy for a new buyer.

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Under Contract
Marina Del Rey
108 Units
1006 Bay Drive
Miami Beach, FL  33141
Posted: 2/3/2021

The Mark at Fishers District, a 260-unit, 2020-built apartment community located in the heart of vibrant and growing Fishers.

The property offers everything high-income dwellers are looking for; walkability to Fishers’ best dining and retail, the most luxurious and comprehensive amenity set, high-end unit finishes, and convenience to employment.

For access to confidential documents, please register at: MarkatFishersDistrict-CW.com

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Mark at Fishers District
Offers Due:  Friday, June 18, 2021
260 Units
11547 Yard St Suite 850
Fishers, IN  46037
Type: Conventional
Posted: 5/3/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Meadowbrook - 60 units located in the affluent Baldwin County city of Foley, AL. Baldwin County is the fastest growing county in Alabama and boasts average household incomes 20%+ greater than the state average. The property is ideally situated close to high-quality retail, schools and major employment drivers. Built in 1979/2007, Meadowbrook represents an outstanding opportunity to invest in a cash-flowing asset primed for further growth via a targeted value add campaign.
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Meadowbrook
60 Units
701 S Juniper Street
Foley, AL  36535
Posted: 3/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit, Meriwether Place apartment community located in Durham, NC. Built in 1996/1998, this asset received a capital investment of over $1.7 million in exterior amenities and interior upgrades. The property has completed high-end renovations on 11 trial units, of which are leasing up to $1,300 per month, giving investors the opportunity to capitalize on the remaining 245 units paired with the ability to implement multi-pronged revenue streams. Meriwether Place is situated in a bargain submarket with a diverse workforce ranging from manufacturing to global tech industries, as surrounding submarkets vastly outpace East Durham rental rates but offer equal work commutes to employment hubs. The growing infrastructure of Durham paired with muted supply in the submarket defines Meriwether Place as a strong asset with a positive outlook.
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Under Contract
Meriwether Place
256 Units
4001 Meriwether Drive
Durham, NC  27704
Posted: 1/26/2021