The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 22-acre Falcon Parkway Development Site located in Hall County, Georgia, home to the country's #3 Best Performing Small Metro. Since 2015, more than 100 new and expanded businesses have announced 5,500 jobs and $1.2 billion in capital investment in Hall County. Falcon Parkway Development Site is a rare opportunity to procure acreage with multifamily development potential in a rapidly growing Atlanta suburb proximate to the thriving I-85/I-985 northeast corridor.
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Falcon Parkway Development Site
   
3870 Falcon Parkway
Flowery Branch, GA  30542
Posted: 3/18/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of FarmHaus by Watermark, a Thompson Thrift Company. The property offers 324 Class A+ units located in one of the premier growth markets in the country, Huntsville AL. Huntsville, arguably one of the hottest economic metros in the U.S., has added $5B+ of capital investments since 2018 and has experienced 8% avg. rent growth since 2019. The asset is easily accessible via Hwy-72 to multiple job cores throughout Huntsville including Redstone Arsenal (44K+ jobs), Cummings Research Park (27K+ jobs), and the newly delivered Toyota-Mazda Plant (4K+ jobs). The area includes a Publix & 350K SF of proposed office space. Delivered in mid-2021, FarmHaus is one of the market’s top luxurious housing communities, featuring numerous designer finishes and top of the line modern amenities. Boasting excellent lease-up velocity (21 units/month on avg. & 0% LTL on last four of five move-ins), the asset is perfectly positioned to capture significant organic rent growth through second-generation leasing. The subject’s superb construction quality, retail proximity and connectivity to massive job cores ensures future ownership is optimally primed to achieve profitable upward momentum.
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FarmHaus by Watermark
324 Units
1260 Balch Road
Madison, AL  35757
Posted: 3/24/2022
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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Under Contract
South Florida TOD Land Portfolio (4 properties, 6.29 acres)
FECI Land Miami North Parcel
1.38 Acres
Miami & Fort Launderdale
Type: Land
Posted: 1/8/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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Under Contract
South Florida TOD Land Portfolio (4 properties, 6.29 acres)
FECI Land Miami South Parcels
1.31 Acres
Miami & Fort Launderdale
Type: Land
Posted: 1/8/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 5.27-acre Flats at General Time Development opportunity located in Athens, Clarke County, Georgia. The land is situated in the rapidly-expanding, northeast corridor. The Flats at General Time land offers an outstanding opportunity to invest in a large-scale master development plan, surrounded by employment opportunities and entertainment with retail, office, and hotel on the horizon. Wayfair recently announced more than 500 customer support jobs with its plan to occupy 45K SF of the General Time re-development which itself will feature over 250K SF.
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Under Contract
Flats at General Time Development Opportunity
200 Units
180 Newton Bridge Rd
Athens, GA  30607
Posted: 6/28/2021

Well-Maintained - 5.8% Trailing Cap Rate

Fountainview arrives to market in excellent physical condition. The long-term owners completed a full renovation of the property in the early 2000s. The property offers immediate cash flow selling at a 5.8% T-3 Cap Rate.

Stable, Long-term Operations

Self-managing owners and on-site staff with nearly 10 years of tenure bring a wealth of property knowledge. The 24% avg. increase on lease trade-out (new leases), 18% increase on the last 3 leases, renewal rate of 65%, and consistently high occupancy are a result of stable, long-term operations.

Access to Vast Employment & Amenities

Significant employers nearby are Emmett J. Bean Federal Center (4,800 employees), Community Hospital North, Finish Line, Adidas Group, Amazon Distribution, and Walmart Distribution. "Fort Ben," a vibrant mixed-use development, and the 82nd Street Corridor, with endless amenities, are both a short drive from Fountainview.

Resurgence of Indianapolis' East Side

Next to fast-growing Hancock County, the East side is showing upward trends in several indicators including occupancy and rent growth. Its substantial job base and strong regional economy are both growing faster than jobs nationwide. Industrial development is booming with 9.5 million SF under construction in the submarket.

Great School System

The MSD Lawrence Township School District serves more than 16,000 students within 21 schools. The district is known as the “Best Community for Music Education”, notable academics and is nationally recognized for its athletics. Lawrence Township has an impressive 5 National Titles and 47 State Championships.

Purchase Individually or as a Portfolio

Fountainview can be purchased together with Country Lake and Lake Marina as a portfolio of 628 total units, creating economies of scale. The properties can also be purchased individually.

   
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Under Contract
Fountainview
96 Units
4800 N. Post Road
Indianapolis, IN  46226
Posted: 1/5/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 69-unit Garden Creek apartment community located in Boerne, Kendall County, Texas. This asset is situated in the rapidly-expanding Hill Country community of Boerne, a town located within the San Antonio MSA that is recognized as one of the Hill Country's best places to live. Built in 2022, Garden Creek represents an outstanding opportunity to invest in a brand new asset positioned within one of the fastest-growing counties in the nation which gives residents access to both urban and natural amenities, strong schools, and a host of employment centers.
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Garden Creek
Offers Due:  Friday, May 20, 2022
69 Units
110 Bluebonnet Circle
Boerne, TX  78006
Type: Conventional
Posted: 4/6/2022

Century Realty and Cushman & Wakefield are pleased to present Geary Plaza, located in Charleston, WV, the state capital and largest city by population. The offering is perfectly suited for a value-add business plan, focused on making substantial rent increases, increasing occupancy, and reducing annual operating expenses. The Property's anchor tenant is a division of publicly-traded UnitedHealth Group Inc. Positioned in The Central Business District, Geary Plaza is located on a high-visibility corner, with spacious floor plates, ample natural light, and panoramic views of Downtown Charleston.

The City has benefited from significant investment with more than $120 million in infrastructure capital entering the city since 2012, including hotels, restaurants, tourism infrastructure, mixed use buildings and other projects that make Charleston more attractive for people to live, visit, work, recreate, innovate and invest. Notable projects in the past 10 years include, the transformation of The Charleston Coliseum and Convention Center, the construction of Appalachian Power Park, home of The Charleston Dirty Birds, and Phase I Redevelopment of Schoenbaum Stage at Haddad Riverfront Park, home to the City's free Concert Series.

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Geary Plaza
Offers Due:  Saturday, June 4, 2022
   
700 Washington Street
Charleston, WV  25301
Type: Land
Posted: 2/21/2022

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 372-unit Genesis Apartments community located in Clearwater, Florida.

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Genesis Clearwater
Offers Due:  Wednesday, June 8, 2022
372 Units
530 Fairwood Avenue
Clearwater, FL  34619
Type: Conventional
Posted: 4/25/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
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Arkansas 360 Portfolio (5 properties, 360 units)
Glen Oaks
56 Units
8817 S 28th St
Fort Smith, AR  72908
Posted: 6/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Glenwood Park Lofts, a 236-unit multifamily community located in Atlanta’s coveted Eastside submarket. The Eastside has experienced rapid growth via continued investment throughout the eclectic neighborhoods that provide Atlanta’s most desirable intown culture. The property is strategically positioned in Glenwood Park, providing walkability to the Glenwood Park retail district, Grant Park and Atlanta’s Eastside BeltLine trail. Furthermore, Glenwood Park Lofts’ adjacent location to I-20 provides direct connectivity to Midtown and Downtown, Atlanta’s dominant hubs for jobs and culture. Glenwood Park Lofts has demonstrated exceptional recent leasing trends, with 18% annual rent growth on new leases and 8% annual rent growth on renewals over the past year. The property is also primed for substantial upside through strategic upgrades implemented by new ownership.
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Glenwood Park Lofts
Offers Due:  Tuesday, May 24, 2022
236 Units
390 Stovall Street SE
Atlanta, GA  30316
Type: Conventional
Posted: 4/19/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 148-unit Granby Oaks apartment community located in bustling Columbia, SC. This asset is ideally situated near the 47-mile-long Congaree River and just a mile from downtown Columbia, providing residents easy access to the area’s foremost employment centers as well as many recreational activities. Granby Oaks’ exceptional location boasts impressive projected rent growth (21%), a majority white-collar workforce (58%), and a strong renter occupied population (67%). Located in a sought-after pocket of Lexington County, the property is surrounded by an abundance of entertainment options including the Parkland Plaza, an outdoor amphitheater, riverside activities, and the Cayce Riverwalk. Meticulously maintained during the course of ownership’s 30-year hold, Granby Oaks arrives to market a clean slate for investors to complete Class-A renovations on all units and push rents $275, aligning the asset with top submarket competitors.
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Under Contract
Granby Oaks
148 Units
800 State Street
West Columbia, SC  29169
Type: Conventional
Posted: 3/10/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit Grand at Pearl apartment community located in Pearl, MS. The asset is in the strategically located Inner Rankin County submarket that has experienced 13.9% YoY rent growth. Grand at Pearl is just east of Jackson Mississippi with close proximity to interstate 20 which provides easy access to the entire Jackson MSA (296k+ jobs). Over the past six months the property has seen a total of 134 of lease trade outs and renewals (49% of the community) that have garnered over $279+ and $51+ rent bumps respectively. Built in 1999 and 2004, Grand at Pearl represents an outstanding opportunity to invest in a cash flowing property with robust rent growth and occupancy trends.
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Grand at Pearl
280 Units
200 Colony Park Drive
Pearl, MS  39208
Type: Conventional
Posted: 4/7/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 144-unit Greenbrier Estates apartment community located in St. Tammany Parish, Slidell, Louisiana. St. Tammany is a business-friendly and affluent suburb north of I-12, home to numerous recent major economic developments. The asset has excellent connectivity, located near the intersection of I-12 and I-10. New ownership has the opportunity to implement a value-strategy to boost rents at the property. Further, the 12.7 acres of land next to the asset will allow a new owner to build out a Phase II of approximately 200 units. Built in 2003, Greenbrier Estates represents an outstanding opportunity to invest in a value-add asset in a highly-desirable New Orleans submarket.
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Under Contract
Greenbrier Estates
144 Units
100 Greenbrier Way
Slidell, LA  70460
Type: Conventional
Posted: 2/8/2022

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 180-unit Grove at Temple Terrace community located in Temple Terrace, Florida.

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Grove at Temple Terrace
180 Units
8741 Grove Terrace
Temple Terrace, FL  33617
Posted: 4/28/2022
Cushman & Wakefield is pleased to present Guardian Place I & II, a unique 236-unit, two property portfolio in Richmond's high growth Scott's Addition neighborhood. The portfolio is comprised of Guardian Place I (121-units) and Guardian Place II (115-units), which are currently age-restricted and affordable under the LIHTC program. Significant value can be added at the expiration of the extended use period which occurs in 2023 for GP I and 2029 for GP II. The portfolio's location within the path of growth in Scott's Addition makes this a rare opportunity within the expanding Richmond MSA.
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Guardian Place I & II
236 Units
1620 N Hamilton Street
Richmond, VA  23230
Type: Senior
Posted: 3/3/2022
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interests in H16 Apartments ("H16") and Eleanor Apartments ("Eleanor") which collectively compose the Midtown Portfolio (the "Portfolio") located in one of the nation’s top performing apartment markets. The Portfolio offers the rare opportunity to acquire one or both of the newest and highest-quality multifamily communities in Sacramento, CA at a ±10% discount to replacement cost. Situated in an Opportunity Zone in the heart of the region’s most dynamic and desirable urban locale, H16 and Eleanor are highly attractive to the area’s fast-growing renter-by-choice demographic. Cushman & Wakefield is presenting these assets either as individual offerings or as a portfolio.
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Midtown Portfolio (2 properties, 190 units)
H16
95 Units
731 16th Street
Sacramento, CA  95814
Posted: 1/5/2021
For more information regarding Hampton Plaza please contact Jorge Rosa or Anthony (TJ) Liberto. The following link can be used to sign the confidentiality agreement: https://my.rcm1.com/buyer/agreement?pv=6AYsoHIAuVBS_dWVujt2boG8yEKKn8h_bXa28vno__ImPFJacPexs3QO1AMBwVqr
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Hampton Plaza
202 Units
302 East Joppa Road
Towson, MD  21286
Posted: 2/9/2022

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 91 units situated among three properties in two of the best areas in Fort Lauderdale. The properties can be purchased as a portfolio or individually (however Harbour Beach and Harbour Pointe need to be purchased together).

The properties are located in extremely desirable areas of Fort Lauderdale. Two of three properties are sitting on the water. Harbour Pointe features 300’ of boat slips and Coral Ridge Isles feature over 500’ of ocean-access water frontage with the potential of adding boat slips. The properties offer immediate upside through eliminating over $400,000 in loss-to-lease as value-add potential on most buildings.

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Fort Lauderdale Waterfront Portfolio (3 properties, 91 units)
Harbour Beach
24 Units
2323 SE 18th Street,
Fort Lauderdale, FL  33316
Posted: 4/5/2022

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 91 units situated among three properties in two of the best areas in Fort Lauderdale. The properties can be purchased as a portfolio or individually (however Harbour Beach and Harbour Pointe need to be purchased together).

The properties are located in extremely desirable areas of Fort Lauderdale. Two of three properties are sitting on the water. Harbour Pointe features 300’ of boat slips and Coral Ridge Isles feature over 500’ of ocean-access water frontage with the potential of adding boat slips. The properties offer immediate upside through eliminating over $400,000 in loss-to-lease as value-add potential on most buildings.

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Fort Lauderdale Waterfront Portfolio (3 properties, 91 units)
Harbour Pointe
34 Units
2201 SE 18th Street,
Fort Lauderdale, FL  33316
Posted: 4/5/2022
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Hawthorne at the Crest apartment community located in Ooltewah, Hamilton County, Tennessee. The community is situated in the rapidly expanding city of Ooltewah, a suburb of Chattanooga, located minutes from the 1,400 acre Volkswagen production facility, 1M SF Amazon distribution center, as well as several major retail corridors. With construction completing in July 2022, coupled with strong demographics and high demand for quality finishes and amenities, property performance has excelled. It's completion coincides perfectly with Volkswagen's April 2022 announcement of 1,000 additional jobs to its Chattanooga factory.
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Hawthorne at the Crest
176 Units
5060 City Station Drive
Ooltewah, TN  37363
Type: Conventional
Posted: 5/12/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Heron Lake apartment community located in booming Columbia, SC. This asset is situated in the coveted East Columbia submarket known for its abundance of retail, dining, entertainment options, and direct access to Columbia’s largest employers through I-77 (105k+ jobs within 20 minutes). The immediate area surrounding the property boasts blue-chip demographics with a dominant white-collar workforce (67%), high avg. HHI’s ($87k+), and unparalleled rent growth (18% through 2026). Arriving to market 96% pre-leased, the property displays notable historical trends including an impressive 24% growth over the T12 NRI and recent leases signing $79 over the rent roll. Built in 2008, Heron Lake represents the incredible opportunity to invest in a Class-A product and implement a light value-add program to push rents $160+.
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Heron Lake
Offers Due:  Wednesday, June 8, 2022
216 Units
1340 North Brickyard Road
Columbia, SC  29223
Type: Conventional
Posted: 5/5/2022
Cushman & Wakefield, as exclusive advisor, is pleased to present a value-add investment opportunity to acquire Heron Landing, a 144-unit community featuring 100% two-bedroom units. The property features an expansive average unit size of 1,053 square feet with a unique unit mix of all two-bedroom units. Built in 1988, the property is perfect positioned for new ownership to implement a significant value-add renovation program as well as an opportunity to enhance the unique amenity spaces.

Located at Pine Island Road & Commercial Boulevard, the property is perfectly situated just minutes from the Sawgrass Expressway, allowing for quick commutes to the other major thoroughfares throughout Broward. This will allow residents to easily commutes to the area's major employment centers including Sawgrass Corporate Park, Plantation, Cypress Creek, Boca Raton and Downtown Fort Lauderdale.
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Under Contract
Heron Landing
144 Units
5280 NW 88th Avenue
Sunrise, FL  33351
Type: Conventional
Posted: 2/17/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 297-unit Osprey and Heron on the Bluffs apartments located in Savannah, Chatham County, Georgia. This portfolio’s unmatched access to Savannah’s major employers and retail is enhanced by major infrastructure improvements. All of which spurs the recent population growth and rapidly rising income. Built in 1986, Osprey and Heron represent an outstanding opportunity to invest in a portfolio coupled with a proven value-add program that can be elevated to garner premiums north of $200. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further adding to Savannah’s explosive development and job growth.
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Under Contract
Bluffs Portfolio (2 properties, 297 units)
Heron on the Bluffs
120 Units
10014 White Bluff Road
Savannah, GA  31406
Type: Conventional
Posted: 1/14/2022