The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Main Street Lofts, a newly constructed suburban community comprising 266 units strategically located in Mansfield, Texas. Main Street Lofts is an institutional-quality asset, boasting top-of-the-market unit and community features in one of the fastest-growing suburbs in Dallas-Fort Worth. The property is nearing stabilization, achieving robust lease trade-outs with an average increase of $241 in effective rent. Furthermore, Mansfield’s rapidly expanding population, thriving job market, and increasing home prices are poised to drive rental demand. With a projected economic activity exceeding $650 million, the area exhibits limitless potential for future growth as well. Situated in the center of DFW, Main Street Lofts offers exceptional accessibility to premier job nodes and entertainment venues, with over 2.15 million jobs within a 30-minute drive. The property is walkable to Town Park, Walnut Creek Linear Trail, and Downtown Mansfield, featuring a variety of restaurants and shops. Main Street Lofts is primed for long-term sustainability, as the opportunity to drive rent growth establishes a solid foundation for future prosperity
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Under LOI
Main Street Lofts
266 Units
715 N. Main Street
Mansfield, TX
Posted: 5/16/2023

Cushman & Wakefield is pleased to present for sale, the Sioux Falls Multifamily Portfolio (the “Property”), a 22-property portfolio consisting of 1,146 total units. The properties are located throughout the city of Sioux Falls, South Dakota and present an investor the rare opportunity to purchase in a fast-growing market with attractive assumable debt and value-add program to boost NOI.

South Dakota Broker
Lloyd Real Estate
Kristen Zueger, SIOR
Broker Associate
605.275.8041
101 S Reid St. #201
Sioux Falls, SD 57103
SD License: 19941

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Sioux Falls Multifamily Portfolio (22 properties, 1,146 units)
Mallard Cove
72 Units
1900 W 6th St
Sioux Falls, SD  57104
Posted: 6/1/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the listing of the 308-unit Manchester Place apartment community located in Lithia Springs, Douglas County, GA. Manchester Place is located in one of the most desirable and rapidly expanding logistics/distribution markets in the Atlanta metro area, near the Fulton Industrial Boulevard Corridor, 15 miles east of Midtown, Atlanta’s Central Business District and 20 miles north of Atlanta’s Airport. This asset is situated in the high barriers-to-entry Douglas County apartment submarket, characterized by limited new deliveries and strong organic rent growth. With demand for upgraded interiors in the submarket, Manchester Place is an excellent opportunity to acquire a proven value-add investment well below replacement cost.
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Manchester Place
308 Units
1600 Blairs Bridge Road
Lithia Springs, GA  30122
Type: Conventional
Posted: 8/22/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Marbella, a 96-unit, 2021-built apartment community located in the highly sought after and rapidly growing Baldwin County. Marbella offers residents a beach-style living experience with close proximity to all of Gulf Shores’ lifestyle Amenities. The area is home to some of the nicest beaches in the U.S. which continue to drive strong population and rent growth (8.9% YoY since 2021). Since the beginning of 2022, Marbella has organically pushed rents 15.5%+ on renewals and new leases and arrives to market 95.8% occupied. The Baldwin County market has benefitted tremendously due to the lack of new competitive supply with no units being built between 2009 and 2019. In addition, Baldwin County is the 4th fastest growing small metropolitan area in the U.S. with the Gulf Shores area growing by 73% since 2010 providing further growth for assets such as Marbella. Built in 2021, Marbella represents an outstanding opportunity to invest in a high performing asset with attractive assumable HUD loan in the highly sought after and rapidly growing Baldwin County.
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Under Contract
Marbella
96 Units
1910 East 1st Street
Gulf Shores, AL  36542
Posted: 5/2/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Marchon, a 305-unit thoughtfully-executed, transit-oriented community in the dynamic Memorial Drive corridor of Atlanta’s booming Eastside submarket. The property’s strategic location provides unique access to Atlanta’s Eastside BeltLine Trail, connecting Marchon to the city’s most popular amenities, including Krog Street Market, Ponce City Market and many of Atlanta’s premier restaurants. Marchon’s central location within Atlanta enables first class connectivity to the Sunbelt’s dominant job hubs such as: Midtown (109K Jobs) and Downtown (125K Jobs). Substantial investment into Downtown, such as CIM’s $5B Gulch master development, will further transform the surrounding area while Midtown is home to Microsoft and Google. Furthermore, Marchon’s immediate proximity to the King Memorial MARTA station will drive above average rent growth. Additionally, Marchon has seen rapid leasing velocity of 28 leases per month. Marchon provides a unique opportunity to acquire a thoughtfully designed product with premier finishes including 10+ foot ceilings at an attractive basis below replacement costs.
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Marchon
305 Units
240 Grant Street NE
Atlanta, GA  30312
Type: Conventional
Posted: 5/10/2022

Cushman & Wakefield is pleased to present for sale, the Sioux Falls Multifamily Portfolio (the “Property”), a 22-property portfolio consisting of 1,146 total units. The properties are located throughout the city of Sioux Falls, South Dakota and present an investor the rare opportunity to purchase in a fast-growing market with attractive assumable debt and value-add program to boost NOI.

South Dakota Broker
Lloyd Real Estate
Kristen Zueger, SIOR
Broker Associate
605.275.8041
101 S Reid St. #201
Sioux Falls, SD 57103
SD License: 19941

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Sioux Falls Multifamily Portfolio (22 properties, 1,146 units)
Marion
8 Units
5208 W 47th St
Sioux Falls, SD  57106
Posted: 6/1/2023

Cushman & Wakefield is delighted to introduce Marmont Springs Apartments, a lucrative investment opportunity located in the vibrant city of Colorado Springs. This multifamily asset, comprised of 87 units, is ideally situated in the southeast submarket of Colorado Springs. Its prime location, in close proximity to military installations, retail centers, Colorado Springs Airport and major transportation routes, provides a strong foundation for attracting and retaining tenants. The property’s value-add potential, with 80% of the units already renovated, offers an opportunity to capture additional upside and maximize rental income. Current ownership has also performed major Capital Expenditures on this property, some of which include new windows, sliding doors, boiler systems and exterior paint/maintenance.

Value-Add Potential: Marmont Springs Apartments presents an excellent opportunity for value creation and potential upside. Notably, 80% of the units have already undergone renovation, showcasing the property’s commitment to enhancing the living experience for residents. This value-add strategy has positioned the asset to command higher rental rates and attract tenants seeking updated and modern living spaces. The remaining units present an opportunity for further renovation, allowing investors to capture additional value and maximize rental income.

Attractive Unit Mix: Marmont Springs Apartments offers an exceptional unit mix of all spacious 1 bed/1 bath units with most including the new vinyl flowing, updated kitchen cabinets, upgraded bathrooms, AC units and some even include private porch areas.

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Marmont Springs Apartments
87 Units
2001 Carmel Drive
Colorado Springs, CO  80910
Posted: 9/7/2023
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.
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Mauldin Heights & Parkview (2 properties, 130 units)
Mauldin Heights
Offers Due:  Thursday, November 2, 2023
80 Units
901 Main Street, North #87
Mauldin, SC  29662
Type: Conventional
Posted: 10/2/2023

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±0.43-acre Mayfair at Liberty Development Site in Downtown Winston-Salem. Zoned for Central Business within the Winston Overlay District and within an opportunity zone, the site has many potential uses including high-density residential, hotel, and mixed-use developments.

Schematic designs for a multifamily development with retail have already been completed for the site. Downtown Winston-Salem, formerly the buzzing center of a thriving tobacco town, has seen an impressive rebirth as a hub for health sciences, technology, and research. The nucleus of all this recent activity, the Innovation Quarter, is only half a mile or a 10-minute walk from the Mayfair at Liberty Development Site. The Downtown area has over 27K employees and over 37K residents. The site is directly in the vicinity of two significant new public investments, Mershcel Park and the Kaleideum museum. The Mayfair at Liberty Development Site is a rare infill site in an unrivalled Downtown Winston-Salem location and presents an exciting opportunity to invest in a thriving urban Triad district.

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Mayfair at Liberty
0.43 Acres
312 North Liberty Street
Winston-Salem, NC  27101
Type: Land
Posted: 6/22/2023

Cushman & Wakefield is pleased to present for sale, the Sioux Falls Multifamily Portfolio (the “Property”), a 22-property portfolio consisting of 1,146 total units. The properties are located throughout the city of Sioux Falls, South Dakota and present an investor the rare opportunity to purchase in a fast-growing market with attractive assumable debt and value-add program to boost NOI.

South Dakota Broker
Lloyd Real Estate
Kristen Zueger, SIOR
Broker Associate
605.275.8041
101 S Reid St. #201
Sioux Falls, SD 57103
SD License: 19941

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Sioux Falls Multifamily Portfolio (22 properties, 1,146 units)
Mayfair Westwood
48 Units
3000 S Mayfair Dr
Sioux Falls, SD  57106
Posted: 6/1/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 193-unit Midtown Ridge apartment community located in Chattanooga, Hamilton County, Tennessee. Situated in the thriving, highly desirable Brainerd neighborhood, Midtown Ridge is surrounded by top retail, restaurants, and local parks alongside the Eastgate Town Center. When combined with quick access to I-24 and I-75, Midtown Ridge offers unrivaled access to all sides of the city. A 1986-built asset, Midtown Ridge is an opportunity to invest in a highly capitalized property with even greater potential through value-add. This opportunity is bolstered by recent job announcements in the area, including SK Foods, Qcells, Volkswagen, and Bridgestone Americas.
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Under Contract
Midtown Ridge
193 Units
312 McBrien Road
Chattanooga, TN  37411
Type: Conventional
Posted: 2/14/2023
The Cushman & Wakefield Student Housing Team, in conjunction with the Cushman & Wakefield Texas Multifamily Advisory Group, is pleased to present the exclusive listing of Midtown Sam Houston (Midtown), a 120-unit, 384-bed apartment community located near Sam Houston State University. Built in 2017, Midtown has been a top performer in the market, averaging occupancies in the high 90% range since opening. This opportunity allows investors to acquire a quality asset with favorable assumable in-place debt. The amortizing FannieMae debt matures on February 1, 2028 and has a fixed interest rate of 4.59%.
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Under Contract
Midtown Sam Houston
120 Units | 384 Beds
2821 Lake Road
Huntsville, TX  77340
Type: Student
Posted: 6/6/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 276-unit Midwood Gardens and Midwood Court apartment communities located in Stone Mountain, DeKalb County, Georgia. These assets are situated just southwest of the Stone Mountain Industrial Corridor (31M SF), and are convenient to all of Atlanta’s large employers via I-285. Effective rents for the immediate submarket have grown by more than 48% since 2015. Midwood Gardens & Court represent textbook value-add opportunities in a multifamily market with in-place strong organic rent growth.
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Midwood Gardens & Court (2 properties, 276 units)
Midwood Court
64 Units
1055 Lancashire Circle
Stone Mountain, GA  30083
Type: Conventional
Posted: 3/7/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 276-unit Midwood Gardens and Midwood Court apartment communities located in Stone Mountain, DeKalb County, Georgia. These assets are situated just southwest of the Stone Mountain Industrial Corridor (31M SF), and are convenient to all of Atlanta’s large employers via I-285. Effective rents for the immediate submarket have grown by more than 48% since 2015. Midwood Gardens & Court represent textbook value-add opportunities in a multifamily market with in-place strong organic rent growth.
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Midwood Gardens & Court (2 properties, 276 units)
Midwood Gardens
212 Units
400 Ashley Place
Stone Mountain, GA  30083
Type: Conventional
Posted: 3/7/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 64-unit Millbrook Apartments community located in Greensboro, NC. This asset is situated in South Greensboro submarket just off of the amenity rich Wendover Avenue, a major retail corridor in Greensboro which contains numerous big box brands within a five-minute drive of the property. The property is also within close proximity to the recently completed 840 urban loop which traverses the entire Greensboro MSA and provides direct access to some of the area’s top employers. Built in 1993, Millbrook offers an outstanding opportunity to invest in a quality asset with high growth potential through both organic rent growth and value-add potential. Through an interior value-add program supported by nearby comparables, incoming investors can increase NOI by a staggering 44%+.
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Millbrook
Offers Due:  Thursday, September 21, 2023
64 Units
1101 East Barton Street
Greensboro, NC  27407
Type: Conventional
Posted: 8/21/2023
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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Under Contract
Montgomery 7
0.43 Acres
543-565 Lorraine Avenue
San Jose, CA  95110
Type: Land
Posted: 10/7/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Myrtle Landing, a 144-unit townhome community located in the rapidly-growing city of Wilmington, NC. Situated on a sprawling 50-acre site with tranquil pond views, the low-density (2.84 Units/AC) asset features high-end coastal-inspired design, expansive floorplans and an unrivaled amenity package including a full chip-and-putt, brand-new pickle ball court, multiple ponds and community gardens. Homes in the submarket are selling in the millions, allowing Myrtle Landing to act as an excellent rental alternative for the growing number of residents priced out of home ownership. The region has seen considerable population growth in recent years while new supply has lagged, allowing consistent rent growth and steady occupancy. Myrtle Landing’s long-term desirability is bolstered by its increasingly affluent micro-location ($150K+ Avg. HHI On-Site) and seamless access to the city’s top amenities and employers via adjacent Highway-421. Nearby rent comps including Grand View and Cottages at Riverlights provide up to $1,000 in headroom, highlighting incoming ownership’s outstanding opportunity to acquire one of the market’s highest-quality assets, offering a clear path to grow rents significantly through a mark-to-market leasing strategy.
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Under Contract
Myrtle Landing
144 Units
7220 Myrtle Grove Road
Wilmington, NC  28409
Type: Conventional
Posted: 5/4/2023
N/NEC 2nd Ave & Osborn Rd
   
SW 3550 N. Central Ave
Phoenix, AZ  85012
Posted: 6/7/2023

Cushman & Wakefield is pleased to present for sale, the Sioux Falls Multifamily Portfolio (the “Property”), a 22-property portfolio consisting of 1,146 total units. The properties are located throughout the city of Sioux Falls, South Dakota and present an investor the rare opportunity to purchase in a fast-growing market with attractive assumable debt and value-add program to boost NOI.

South Dakota Broker
Lloyd Real Estate
Kristen Zueger, SIOR
Broker Associate
605.275.8041
101 S Reid St. #201
Sioux Falls, SD 57103
SD License: 19941

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Sioux Falls Multifamily Portfolio (22 properties, 1,146 units)
North Cleveland
48 Units
901 N Cleveland Ave
Sioux Falls, SD  57103
Posted: 6/1/2023

Cushman & Wakefield is pleased to present for sale, the Sioux Falls Multifamily Portfolio (the “Property”), a 22-property portfolio consisting of 1,146 total units. The properties are located throughout the city of Sioux Falls, South Dakota and present an investor the rare opportunity to purchase in a fast-growing market with attractive assumable debt and value-add program to boost NOI.

South Dakota Broker
Lloyd Real Estate
Kristen Zueger, SIOR
Broker Associate
605.275.8041
101 S Reid St. #201
Sioux Falls, SD 57103
SD License: 19941

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Sioux Falls Multifamily Portfolio (22 properties, 1,146 units)
North Lake
12 Units
400 N Lake Ave
Sioux Falls, SD  57104
Posted: 6/1/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit Northcliffe Forest apartment community located in Winston-Salem, NC. This asset is situated one mile northwest of one of the area’s top employers and higher education facilities, Wake Forest University, in the desirable North Winston-Salem submarket. Built in 1988, Northcliffe Forest presents an opportunity to invest in a quality asset that has received $2.6M in renovations since 2019. With a proven value-add program where renovated units are achieving $113 over classic units, incoming investors can increase NOI by over 30% by completing this initiative.
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Under LOI
Northcliffe Forest
288 Units
2030 Northcliffe Drive
Winston-Salem, NC  27106
Type: Conventional
Posted: 7/19/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit Northeast Atlanta Value-Add 3 apartment portfolio, which can be acquired together or individually. Located in Clarkston, DeKalb County, Georgia, Kristopher Woods, Northern Pines, and 1000 Smith Street are situated in a thriving multifamily market in Northeast suburban Atlanta and proximate to multiple job drivers via the I-285 perimeter. Built between 1968 and 1973, this offering arrives to market displaying attractive fundamentals including steady occupancy levels, and is a portfolio punctuated with organic rent growth for continued appreciation.
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Under Contract
Northeast Atlanta Value-Add 3 Portfolio (3 properties, 280 units)
Northern Pines
48 Units
774 Northern Avenue
Clarkston, GA  30021
Posted: 4/3/2023
Stillwater Value-Add Porfolio (4 properties, 289 units)
Northfield
12 Units
1309 N Perkins Rd
Stillwater, OK  74075
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Northway at Davis Mills, a 35-unit apartment community located in Gastonia, NC. This asset is situated in close proximity to downtown Gastonia, in the booming industrial I-85 corridor west of Charlotte, NC. Built in 1974 and 2003, Northway at Davis Mills represents an outstanding opportunity to invest in an expanding Charlotte suburb. With two units renovated, the property offers $400+ headroom to competitors following the completion of the value-add program. Recent capital infusions into downtown continues to propel the Gastonia submarket as a increasingly ideal area for investment.
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Northway at Davis Mills
35 Units
1201 Butler Street
Gastonia, NC  28054
Posted: 2/14/2023