The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 720-unit, institutionally owned Ridge Crossings apartment community located in Hoover, AL, one of Birmingham’s top suburbs. Situated in a high growth submarket (21% rent growth since 2021), the asset offers residents convenient access to employment centers, premium retail venues and state ranked schools. The asset arrives to market boasting strong value add performance, demonstrating that new ownership has the opportunity to further renovate and push rents to be closer to current market leaders in this high barrier to entry market. The City of Hoover heavily restricts new multifamily development further ensuring submarket fundamentals remain robust. Delivered in 1991, Ridge Crossing presents a rare opportunity to invest in a proven value-add asset with additional runway in a restricted high growth, high barriers to entry submarket.
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Ridge Crossings
Offers Due:  Wednesday, October 16, 2024
720 Units
100 Tree Crossings Parkway
Hoover, AL  35244
Type:  Multifamily
Posted: 9/5/2024
Under Contract
Ridgecrest at Richfield
106 Units
3720 Knollridge Rd
Salem, VA  24153
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±3.24 acre multifamily development site located at the southwest corner of Rio Salado Parkway and Perry Lane in Tempe, across from Tempe Marketplace, a 1.3M square foot open-air shopping center with over 100 shops, restaurants and entertainment venues to choose from, including Barnes & Noble, Dave & Busters, Harkins Theatres, DSW, Michaels, PetSmart, RoadRunner Sports, Total Wine and Target, plus dining options such as Barrio Queen, King’s Fish House, Lucille’s Bar-B-Que, Portillo’s Red Robin, Genghis Grill, California Pizza Kitchen, Thirsty Lion and Twin Peaks. The Rio & Perry site is well positioned to take advantage of easy access to the nearby 101 and 202 freeways.
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Under Contract
Rio & Perry Multifamily Development Site
3.24 Acres
Rio Salado Parkway & Perry Lane
Tempe, AZ  85281
Type:  Land
Posted: 9/13/2021
Riverview Apartments
42 Units
8612 Halls Ferry
St. Louis, MO  63147
Type:  Multifamily
Posted: 9/4/2024

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the Rochester Crossroads Apartments, an approved 208- unit apartment complex located in Rochester, Massachusetts. The development will feature four (4), four-story buildings and a 3,123 SF single-story clubhouse with numerous amenities for residents. Other on-site amenities include a community garden, as well as a central courtyard area consisting of an outdoor pool patio area, playground, and grilling area.

The Rochester Crossroads Apartments are located on approximately 21.42 acres. Three hundred fifty-three (353) off street parking spaces (surface park) will be provided for tenants.

The development will consist of a mix of one-bedroom, two-bedroom and threebedroom units featuring granite or quartz countertops, stainless steel appliances and in-unit laundry. Fifty-two (52) of the apartments are designated as “affordable” through the 40R program. The affordable units will be rented to households earning less than the 80% Area Media Income.

Pricing & Process

The Rochester Crossroads Apartments 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”.

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Rochester Crossroads Apartments
208 Units
22 Cranberry Highway
Rochester, MA  02576
Type:  Multifamily

The Cushman & Wakefield Florida Multifamily Group is pleased to present the 168-unit Townhomes at 770 and the 152-unit Rolling Hills Apartments multifamily communities located in Tallahassee, Florida. Offered individually or as a portfolio.

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Townhomes at 770 & Rolling Hills (2 properties, 320 units)
Rolling Hills
Offers Due:  Tuesday, October 8, 2024
152 Units
280 John Knox Road
Tallahassee, FL  32302
Type:  Multifamily

Cushman & Wakefield is pleased to present the opportunity to acquire the Roseland & Frost Collection, a six building 23 unit residential portfolio ideally located in Porter Square in the heart of Cambridge, Massachusetts. The portfolio totals 42,027 GSF and 23 units. The properties vary from a single-family home to an 8-unit apartment building. Across the six properties is a total of 1.02 acres of land.

The buildings in the Roseland & Frost Collection are situated in one of the most highly desirable metro areas 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 Frost Street and Roseland Street, the buildings are within a 10-minute walk of the Porter Square MBTA Red Line station, as well as the campuses of Harvard and Lesley University.

Process & Pricing

The Roseland & Frost 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 Roseland & Frost Collection as a single portfolio, sub-portfolios or individual properties.

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Under Contract
Roseland & Frost Collection
23 Units
28 Roseland Street
Cambridge, MA  02140
Type:  Multifamily
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 440-unit Rosemont Peachtree Corners apartment community located in Peachtree Corners, Gwinnett County, Georgia. As the destination for numerous new large-scale developments, Peachtree Corners has seen steady rent growth, 5.48% average over the past 5 years and 4.20% average rent growth projected over the next 5 years, and population growth, which is expected to exceed 1.51M by 2040. Additionally, within 3-miles of the property the average HHI is $127K with 68% of the population working white collar jobs. A new owner can significantly boost income with interior and exterior improvements by upgrading the legacy units and existing amenities to an elite level. Built in 1982, Rosemont Peachtree Corners represents an outstanding opportunity to invest in a value-add asset located in a flourishing, high-barriers to entry Atlanta suburb.
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Rosemont Peachtree Corners
440 Units
3655 Westchase Village Lane
Norcross, GA  30092
Type:  Multifamily
Posted: 9/24/2024

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire ROZZIE, a newly constructed 106-unit apartment community located in the bustling Boston neighborhood of Roslindale. Rozzie offers unmatched community amenities and apartment finishes including a library lounge, fully equipped fitness center, great room with community kitchen, outdoor terrace with grilling station, and heated garage. Apartments offer in-unit washers and dryers, stainless steel appliances, quartz countertops and marble style flooring.

ROZZIE is ideally located just steps from Roslindale Village providing unmatched access to shopping, dining, and recreation. The property presents investors with the rare opportunity to infiltrate a high barrier to entry residential market. The Roslindale neighborhood is in close proximity to some of Boston’s most prestigious higher education institutions and is well connected to both the Downtown Financial District and Back Bay. Opportunities in academia and the medical field draw young professionals to the area and drive demand for housing in the market.

ROZZIE 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 due diligence materials via the Cushman & Wakefield website. Once investors have the opportunity to review the offering materials and tour the properties, Cushman & Wakefield will schedule a “Call for Offers.”

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Rozzie
106 Units
289 Walk Hill Street
Roslindale, MA  02131
Type:  Multifamily
Posted: 9/17/2024
Contact CW Team for NDA and Additional Information Demogrpahics Avg. Income 1-Mile - $137,000 Avg. Home Value 1-Mile $420,000 Traffic Counts I64 - 160,000 VPD I170 - 94,000 VPD Brentwood Blvd. - 33,000 VPD
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Saint Louis Galleria South Lot
   
1201 South Brentwood Blvd.
St. Louis, MO  63117
Type:  Land
Posted: 10/19/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 31.02 acres positioned along Texas State Highway 123 in rapidly growing San Marcos. The offering consists of a shovel-ready multifamily parcel programmed for 288 units and a single-family parcel conceptually designed for 54 lots. The site's location provides tenants with immediate access to many employment centers, restaurants, retailers, schools, and natural amenities that provide a superior quality of life for future tenants and home owners. The investment opportunity is further heightened by positive submarket fundamentals, the result of the continued influx of capital and residents to the greater San Marcos area, that will bring significant returns for investors over the coming years.
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Under Contract
San Marcos Land
17.68 Acres
3625 Guadalupe Street
San Marcos, TX  78666
Type:  Land
Posted: 11/17/2023
Cushman & Wakefield is pleased to present the Scottsdale Crossing redevelopment opportunity featuring approximately 3.60 acres located just north of the dynamic Kierland area.
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Scottsdale Crossing
   
7077 E Bell Rd
Scottsdale, AZ  85254
Posted: 4/19/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Sea Glass, a 288-unit, 2017-built apartment community located along Florida’s Gulf Coast. Sea Glass offers residents a beach-style living experience with close proximity to all of Destin’s lifestyle amenities. The area is home to some of the nicest beaches in the U.S. which continues to drive strong population growth (5.8% increase since 2020). Built in 2017 with institutional quality finishes and aesthetics, Sea Glass represents an outstanding opportunity to invest in a best-in-class asset with extraordinary leasing trends in the highly desirable Destin submarket.
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Sea Glass
Offers Due:  Tuesday, October 8, 2024
288 Units
4320 Commons Drive West
Destin, FL  32541
Type:  Multifamily
Posted: 9/16/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Sedgefield Apartments located in Winston-Salem, NC. This asset is situated in the rapidly growing North Winston-Salem submarket, and benefits from continued expansion of the manufacturing and distribution industries. The property is ideally located with streamlined access to the area’s top employers, including Wake Forest University and the groundbreaking Toyota Greensboro-Randolph Megasite. Built in 1987, Sedgefield offers an outstanding opportunity to invest in an asset with significant growth potential through the in-place value-add program, where renovated units yield $170+ premiums over classic units.
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Under Contract
Sedgefield
144 Units
4755 Country Club Road
Winston-Salem, NC  27104
Type:  Multifamily
Posted: 7/15/2024

Cushman & Wakefield is pleased to offer for the sale The Sheraton Phoenix Crescent Hotel. The property is being offered for sale by the receiver – Jeff Kolessar, Chief Development Officer, GF Hotels & Resorts – pursuant to a Court approved sale process, which will culminate in a Court Order approving the sale.

COURT ORDERED RECEIVERSHIP SALE - QUALIFIED BIDS DUE SEPTEMBER 16, 2024
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Sheraton Phoenix Crescent Hotel
342 Beds
2620 W Dunlap Ave
Phoenix, AZ  85021
Posted: 8/7/2024
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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Under Contract
Signal Hill
122 Units
138 Signal Hill Drive
Statesville, NC  28625
Type:  Multifamily
Posted: 10/5/2023

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present for sale the Silverbrick Portfolio (Silverbrick Square & Silverbrick Lofts), a unique opportunity to acquire a five-building portfolio located in Springfield, Massachusetts. The Silverbrick Portfolio features 380 recently renovated units and 14 retail units in the heart of downtown Springfield.

The portfolio is conveniently located in downtown Springfield, the economic center of Western Massachusetts. These luxury buildings feature recently renovated units with architectural details such as exposed bricks, reclaimed wood beams, arched windows, and high ceilings. Residents benefit from a substantial employment base as some of the region’s largest corporate headquarters are located in Springfield, including MassMutual, one of the largest fortune 500 companies in the Commonwealth. The portfolio is short walk from dining, shopping, museums, & transportation and is adjacent to the MGM Springfield Casino, boasting the largest gaming floor in Massachusetts. Visitors from all over New England are also drawn to the area to experience Six Flags New England and The Big E (the Eastern States Exposition). These local attractions create a strong employment base and generate substantial tourism leading to the growth of Springfield and surrounding towns.

The Silverbrick Portfolio is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "call for offers".

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SilverBrick Portfolio (2 properties, 380 units)
Silverbrick Lofts
266 Units
15 Taylor Street
Springfield, MA  01103
Posted: 5/10/2022

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present for sale the Silverbrick Portfolio (Silverbrick Square & Silverbrick Lofts), a unique opportunity to acquire a five-building portfolio located in Springfield, Massachusetts. The Silverbrick Portfolio features 380 recently renovated units and 14 retail units in the heart of downtown Springfield.

The portfolio is conveniently located in downtown Springfield, the economic center of Western Massachusetts. These luxury buildings feature recently renovated units with architectural details such as exposed bricks, reclaimed wood beams, arched windows, and high ceilings. Residents benefit from a substantial employment base as some of the region’s largest corporate headquarters are located in Springfield, including MassMutual, one of the largest fortune 500 companies in the Commonwealth. The portfolio is short walk from dining, shopping, museums, & transportation and is adjacent to the MGM Springfield Casino, boasting the largest gaming floor in Massachusetts. Visitors from all over New England are also drawn to the area to experience Six Flags New England and The Big E (the Eastern States Exposition). These local attractions create a strong employment base and generate substantial tourism leading to the growth of Springfield and surrounding towns.

The Silverbrick Portfolio is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "call for offers".

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SilverBrick Portfolio (2 properties, 380 units)
Silverbrick Square
114 Units
122 Chestnut Street
Springfield, MA  01103
Posted: 5/10/2022
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the 1,261-unit Suburban Houston Portfolio consisting of 288-unit Botanic Luxury Living, 305-unit Linz Luxury Living, 318-unit Sire Kingwood, and 350-unit Forayna Vintage Park each located in a thriving Houston suburb. All built in 2023, these four assets boast exceptional interior finishes, spacious floorplans averaging 1,074 square feet, and an expansive array of amenities. Individually, or as a portfolio, these assets offer an outstanding opportunity to invest in newly-built, institutional-quality properties located in high-income areas with strong rental demand and significant potential for revenue growth.
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Suburban Houston 4 Portfolio (4 properties, 1,261 units)
Sire Kingwood
318 Units
24770 Stowbridge Dr.
Porter, TX  77365
Posted: 10/3/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Skyview Commons apartments located in Jeffersontown, Jefferson County, KY. This community encompasses eight buildings that are dispersed across three property addresses, all within a 1.3 mile radius. Just 15 minutes from the heart of Louisville, Skyview Commons is strategically located near primary arteries, providing quick access to major employers including GE Appliance Park, UPS Worldport and Ford Assembly Plants. Additionally, the property lies adjacent to two major industrial parks, Bluegrass Commerce Park and Blankenbaker Station Business Park. The average household income of Jeffersontown is $98K, which demonstrates the affluence of the area as well as ample high-paying employment opportunities and white-collar jobs.
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Skyview Commons
120 Units
9907 Grassland Drive
Jeffersontown, KY  40299
Posted: 7/11/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Solis Sugar Hill, a 294-unit generational multifamily asset with best in-class amenities and top-notch finishes thoughtfully situated within the highly desirable Sugar Hill Town Center Development. Solis Sugar Hill is a short walk to the town center’s 40K+ SF of local restaurants, shops, and recreational spaces within Atlanta’s fastest growing major suburb. This asset has a highly accretive tax abatement which provides tax savings of nearly $10M over ten years and a ~50-basis point boost to the all-cash yield. The property attracts Gwinnett County’s most affluent residents with $122K average household income at Solis Sugar Hill, benefitting from top tier assigned schools and access to 650K+ jobs within 30 minutes. Additionally, Solis Sugar Hill’s impressive lease-up velocity of 23 leases per month since January has proven the demand for this truly special product in the Sugar Hill submarket.
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Solis Sugar Hill
294 Units
1170 Temple Dr
Sugar Hill, GA  30518
Type:  Multifamily
Posted: 7/18/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Sovereign at Overland Park, a 250-unit, 2013-built apartment community located in resilient Overland Park, KS. Situated in the flourishing Johnson County submarket, which has 3.9% YoY rent growth, The Sovereign is strategically positioned adjacent to noteworthy outdoor recreation facilities, renowned local schools, and prime retail centers. Arriving to market on the tailwinds of strong financial performance, the asset provides the next investor with the rare opportunity to capitalize on in-place momentum with additional value add upside.
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Under Contract
Sovereign at Overland Park
250 Units
13310 Melrose Lane
Overland Park, KS  66213
Type:  Multifamily
Posted: 6/17/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of Sugarland Terrace, a 26-unit, 2006-built LIHTC single-family rental community located in New Iberia, LA. The asset is eligible for LIHTC re-syndication as well as to undergo the qualified contract (QC) process. Sugarland Terrace is individually metered and individually parceled allowing for seamless market-rate conversion. Current ownership is offering an extremely appealing seller financing structure, providing security and optionality to the next investor. The robust economic trends throughout the Lafayette MSA, highlighted by the projected addition of 7K+ jobs by the end of 2025, are fueling a surge in demand, particularly for young families choosing to relocate. Built in 2006, Sugarland Terrace offers an outstanding opportunity to invest in a unique community of 26 LIHTC SFR homes with massive floorplans averaging 1,422 sqft.
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Sugarland Terrace
26 Units
1607 Sugarland Terrace
New Iberia, LA  70560
Type:  Single-family
Posted: 7/25/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 134-unit Teakwood Village apartment community located in Baton Rouge, LA. Situated in a thriving metro area, renowned for its prestigious healthcare network and ongoing corporate growth, the property benefits from an abundance of job opportunities, favorable demographics and growing single family housing market. The East Baton Rouge Parish is experiencing a constrained multifamily pipeline with limited future supply as there are currently zero properties under construction within a 5-mile radius of Teakwood Village. Built in 1975, with 52 renovated units (39% of the property), Teakwood Village represents an outstanding opportunity to invest in a textbook value-add asset with the potential for significant future rent growth.
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Teakwood Village
134 Units
515 Gardere Lane
Baton Rouge, LA  70820
Posted: 7/24/2024