The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Salem Terrace apartment community located in Covington, Georgia in eastern suburban Atlanta. Newton County is strategically located along East Atlanta’s prolific I-20 corridor. The strong east side manufacturing base has resulted in excellent submarket fundamentals. Built in 1977, Salem Terrace has proven value-add upside and represents an outstanding investment opportunity.
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Under Contract
Salem Terrace
70 Units
3400 Salem Road
Covington, GA  30209
Type: Conventional
Posted: 5/31/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Sandstones - 172 units located in Pensacola, FL. The subject maintains a convenient location with close proximity to Hwy-98, a high-traffic thoroughfare which runs along the Gulf Coast of FL. Sandstones is centralized amongst major economic drivers that are contributing towards explosive financial growth for the region. Pensacola is benefiting from the upcoming Navy Federal Credit Union corporate campus expansion (5,000 jobs, $1.2B new investment). Built in 1966/1973 and strategically positioned along Hwy-98, Sandstones presents the opportunity to acquire a cash-flowing asset with market-backed value add upside.
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Sandstones
Offers Due:  Thursday, August 22, 2019
172 Units
190 N Old Corry Field Road
Pensacola, FL  32507
Type: Conventional
Posted: 7/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Kilburn Commercial Properties are pleased to present the exclusive listing of the 77.64-acre Saunders Street Land located in Raleigh, North Carolina. Situated along the I-40/Hwy 401 interchange, the property has access to Raleigh’s top employers and universities in a rapidly expanding MSA - projected to post 16% population growth through 2023. The property is barbelled between Downtown Raleigh and the South Raleigh opportunity zone, providing investors with tax benefits on capital gains while the vacant land sits in a favorable path of future growth and development.
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Under Contract
Saunders Street Land
77.64 Acres
2400 South Saunders Street
Raleigh, NC  27603
Type: Land
Posted: 11/15/2018

Cushman & Wakefield is pleased to present a unique opportunity to acquire an exceptional infill land parcel in the heart of the prestigious Tempe North submarket in Tempe, Arizona. Fronting University Drive on the North and Rural Road on the West, the property is comprised of 3.12 acres (135,831 square feet), made up of six (6) separate but contiguous parcels of land under single ownership, offering an opportunity to develop a high-profile mixed use project with tremendous visibility and access to the robust population in the area.

With a small strip center and two (2) stand-alone buildings currently on the site, all with finite lease expiration dates, an investor retains the imbedded benefit of obtaining net operating income while working through development planning. The property’s high-profile location, spacious setting, walkable amenities, and immediate access to Arizona State University and the Tempe North retail/hospitality/office setting, make this offering a one of a kind investment opportunity in the market.

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SEC Rural Road & University Drive
3.12 Acres
Rural Road & University Drive
Tempe, AZ  85281
Type: Land
Posted: 2/2/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Serenity Apartments at Fayetteville community located in Fayetteville, NC. Built in 1972, this asset received a recent investment of $1.12 million in improvements. The property is positioned in walking distance to high-end retail & dining options while surrounded by Fayetteville’s major arteries of I-295 & US-401, providing connectivity to the metro’s economic drivers and top employers. The MSA’s development pipeline has nearly stabilized after the delivery surplus from 2012-2014, offering an outstanding opportunity for an impactful 56% boost to NOI through multiple revenue streams including a water/sewer submetering program and a value add 2.0 initiative to bridge the $280 rental gap with submarket leaders.
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Under Contract
Serenity Apartments at Fayetteville
240 Units
157 Treetop Drive
Fayetteville, NC  28311
Type: Conventional
Posted: 5/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Serenity 5 Portfolio - five well-maintained assets located in Birmingham, AL and Montgomery, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in expanding Southeastern markets. Situated in prime locations with access to major economic drivers, these five assets are poised for powerful growth through proven value add strategies and market-backed rental upside.
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Serenity 5 Portfolio (5 properties, 676 units)
Serenity at Fairfield
64 Units
6702 Forest Drive
Fairfield, AL  35064
Type: Conventional
Posted: 8/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Serenity 5 Portfolio - five well-maintained assets located in Birmingham, AL and Montgomery, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in expanding Southeastern markets. Situated in prime locations with access to major economic drivers, these five assets are poised for powerful growth through proven value add strategies and market-backed rental upside.
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Serenity 5 Portfolio (5 properties, 676 units)
Serenity at Sterling
140 Units
107 Sterling Court NW
Birmingham, AL  35215
Type: Conventional
Posted: 8/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Serenity 5 Portfolio - five well-maintained assets located in Birmingham, AL and Montgomery, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in expanding Southeastern markets. Situated in prime locations with access to major economic drivers, these five assets are poised for powerful growth through proven value add strategies and market-backed rental upside.
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Serenity 5 Portfolio (5 properties, 676 units)
Serenity at the Park
176 Units
4900 Plaza Drive
Montgomery, AL  36116
Type: Conventional
Posted: 8/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Serenity 5 Portfolio - five well-maintained assets located in Birmingham, AL and Montgomery, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in expanding Southeastern markets. Situated in prime locations with access to major economic drivers, these five assets are poised for powerful growth through proven value add strategies and market-backed rental upside.
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Serenity 5 Portfolio (5 properties, 676 units)
Serenity on Valley Creek
104 Units
1012 33rd Street SW
Birmingham, AL  35221
Type: Conventional
Posted: 8/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Serenity 5 Portfolio - five well-maintained assets located in Birmingham, AL and Montgomery, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in expanding Southeastern markets. Situated in prime locations with access to major economic drivers, these five assets are poised for powerful growth through proven value add strategies and market-backed rental upside.
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Serenity 5 Portfolio (5 properties, 676 units)
Serenity Townhomes
192 Units
4930 Park Towne Way
Montgomery, AL  36116
Type: Conventional
Posted: 8/17/2019

Cushman & Wakefield as exclusive advisor, is pleased to present Serramar, a 302-unit value-add multifamily community in Fort Lauderdale, Florida. Completed in 1986 the property features a two-story design with direct-access units. The gated community is set on over 18 acres, providing a low density of 16 units per acre. The property features a mix of different finish levels from renovations that were done in the past – although most of the units would benefit from a comprehensive in-unit upgrade program. Current ownership has renovated 71 units and is achieving premiums of approximately $150.

Serramar is adjacent to the Inverrary Country Club and surrounded by lakes allowing for added view premiums. The property has excellent drive-by visibility along Oakland Park Boulevard (over 52,500 cars daily). Residents are centrally located to the major employment centers of Fort Lauderdale, Sunrise, Plantation, and Cypress Creek with a total of over 31.8 million square feet of office space.

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Serramar
302 Units
6701 W. Oakland Park Blvd
Lauderhill, FL  33313
Type: Conventional
Posted: 6/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 12-unit Shady Oaks apartment community located in the desirable Midtown submarket of Montgomery, Alabama. The asset offers direct connectivity to Downtown and Eastchase. Benefiting from a strong manufacturing economy, the metro has garnered more than $1 Billion of capital investments and 7,000+ jobs over the past three years. Shady Oaks is surrounded by some of the metro’s primary job/retail cores, such as AUM, Baptist Health, and The Shoppes at Eastchase. With value add potential in a desirable submarket, Shady Oaks is in a prime position for growth for the next investor.
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Under LOI
Shady Oaks
12 Units
545 Eastdale Road South
Montgomery, AL  36117
Posted: 4/15/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Shoreham apartment community located in Albany, Dougherty County, Georgia. This asset is situated in the desirable Northwest Albany area along arterial corridor, Dawson Road, which quickly connects residents to the market’s premier retail and major job hubs. Built in 1968, Shoreham represents an outstanding opportunity to invest in a moderately renovated, value-add primed asset, poised to benefit from several new jobs coming in the next 12 months, including a brand new hospital (350 jobs) and Georgia-Pacific’s new lumber plant (230 jobs).
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Under LOI
Shoreham
176 Units
2001 Dawson Road
Albany, GA  31707
Type: Conventional
Posted: 5/29/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 130-unit Sierra Place apartment community located in Sandy Springs, Fulton County, Georgia. Eight-five percent of the 2005-incorporated city's residential land allows for only detached, single-family homes. Sierra Place is located a half mile from Whole Foods, and offers desirable access to Roswell Road retail and best-in-metro access to Atlanta's top employment districts. The nearby Central Perimeter corporate center, home to the new Mercedes-Benz and State Farm corporate campuses, is Atlanta's largest job base with 33M SF of office and 135,000+ employed.
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Sierra Place
130 Units
66 Northwood Drive
Sandy Springs, GA  30342
Type: Conventional
Posted: 7/15/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 392-unit four-property Atlanta Stabilization Portfolio in Fulton and DeKalb Counties, Atlanta, Georgia. Sierra Ridge, Winston Manor, Washington Arms, and Roosevelt Townhomes are located in west, east and south metropolitan Atlanta, and proximate to thriving employment centers and the metro’s largest industrial market with more than 266.5M SF of industrial space. This portfolio offers a rare opportunity to invest in vacant assets which can be fully revitalized and repositioned for favorable future returns.
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Under LOI
Atlanta Stabilization Portfolio (4 properties, 392 units)
Sierra Ridge
238 Units
3020 Delmar Lane
Atlanta, GA  30311
Type: Conventional
Posted: 3/26/2019

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Silver Lake Multifamily Development Site located in Leesburg, Florida. The asset is situated in the desirable area of the Orlando-Kisimmee-Sanford MSA. Silver Lake Multifamily Development Site is an expansive 46.5 acres and is an approved PUD allowing for up to 256 buildable units. The site also has a rare and attractive 27-acre man made lake stocked with fish.

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Under LOI
Silver Lake Multifamily Development Site
46.5 Acres
Arbour Lake Drive
Leesburg, FL  34788
Type: Land
Posted: 2/28/2019
Cushman & Wakefield’s Texas Multifamily Advisory Team is pleased to announce the offering of Soleil, a 66-unit high-rise rental community located in the district of Guaynabo, Puerto Rico (PR). The San Juan, Caguas Guaynabo metropolitan area is the largest metropolitan area (by population 6.1 million) in Puerto Rico. The Soleil Apartments is conveniently located near excellent private schools, major grocery and drug stores, restaurants, hospitals, and parks. This 19-story high-rise mixed use building consists of 135,534 total square feet (SF), which includes 66 Luxury Apartment units, 3,000 SF retail, and 74 underground parking stalls.
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Soleil High-Rise
66 Units
 
Guaynabo, PR
Posted: 3/27/2019
Property is Located in a Designated Opportunity Zone With Tax Benefits

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the listing of the 56-unit Spanish Villas apartment community located in South Daytona, Florida. Spanish Villas offer a Value-Add opportunity to renovate 100% of the units, raise effective rents $173/unit, and earn a 17% return-on-investment after implementation of the proposed renovation plan.

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Under Contract
Spanish Villas
56 Units
1648 S. Palmetto Avenue
South Daytona, FL  32119
Type: Conventional
Posted: 1/25/2019

Cushman & Wakefield is pleased to present the exclusive opportunity to acquire Spring Street Lofts located in St. Louis, MO. Consisting of 48 lofts and 7,500 square feet of ground-level retail, Spring Street Lofts is a luxury loft-style apartment building offering significant value-add and appreciation potential in the high-growth central corridor of the St. Louis Metro. The asset is offered free and clear of debt and is strategically positioned adjacent to St. Louis University, offering luxury, high-demand lofts for students and other residents searching for a live/work/play environment.

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Spring Street Lofts
48 Units
3693 Forest Park Ave.
St. Louis, MO  63108
Type: Conventional
Posted: 6/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc are pleased to present the exclusive listing of the 252-unit Springs at Country Club apartment community located in Lake Charles, LA. This asset offers an extensive amenity package which features attached garages and 100% ground floor entry. Built in 2018, Springs at Country Club represents an outstanding opportunity to invest in a high-quality, newly built asset in Louisiana’s fastest growing economy.
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Springs at Country Club
252 Units
2130 Country Club Road
Lake Charles, LA  70605
Posted: 8/15/2019

We are very excited to bring you this exceptional investment opportunity for private JV Investors seeking: Quality Mixed Use Development, Strong JV/Operating Partners in a high growth sector of S. Austin Texas.

Our client, a very credible regional developer/operator is raising equity for a premiere A+ Mixed Use Development opportunity in one of Austin’s most exciting sub markets: South Congress. For those of you who have been looking for a solid, high yielding investment opportunity in one of USA's top cities, this is one you don’t want to miss. We have known the sponsors for over 8 years in Texas and they have consistently displayed outstanding business acumen in the CRE industry. For this project, they have acquired the land, completed the entitlement process and started prepping the site for mixed use vertical development using their own capital.

Austin, Texas tops the list for most desirable real estate investments due to its consistent growth in education and technology. Austin is known as the “Silicon Valley of the South”. What makes this project extremely special besides the location is the St. Elmo destination point and new Public Market/Retail Food Hall that is being debuted in Phase 1 Development along with 385 units of class A luxury apartments, financed by a very low interest rate HUD loan.

Public Market/Food Halls are one of the hottest trends right now in the retail restaurant business worldwide. Cushman & Wakefield first reported on this trend in November 2016; since then, food halls’ popularity has only continued to rise. Food halls are popping up around the United States at a breakneck pace; at the current rate, by 2020 the marketplaces will have tripled in size in the span of just five years.

To learn more about food halls, copy and paste the following link to your web browser https://www.youtube.com/watch?v=Q0d_ns76wQY to see our short video. This combined bundle of amenities for Austin residents highly supports the cultural and unique community which Austin is well known for. We believe that the proposed mixed use development coupled with the exciting Food Hall concept, will create a much desired destination point for Austin residents and drive higher rental values for the apartments, creative office and boutique hotel planned in this development.

We are seeking to secure one to three investors to raise up to $25 million for Phase 1, providing investors with an impressive IRR of 19%.

Call for offers is Friday, October 19, 2018.

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St. Elmo Development Project
   
4329 South Congress Avenue
Austin, TX  78745
Posted: 10/4/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Sterling Hills apartment community located in Johnson City, Carter County, Tennessee. This 1980s built asset benefits from its desirable suburban location and is surrounded by mountains and valleys. Future ownership has the opportunity to increase revenue through completion of a market-supported, strategic renovation program.
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Under Contract
Sterling Hills
216 Units
1 Milligan Lane
Johnson City, TN  37601
Type: Conventional
Posted: 3/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 317-unit Stone Ridge at Somerby Park, a Class "A" luxury community located in thriving Mobile, Alabama. This asset is situated in West Mobile, just south of Airport Boulevard, one of the Metro’s most affluent locations with average HH incomes of $75K and a constrained multifamily market. As Alabama’s only port economy, Mobile is attracting top companies such as Walmart, Amazon, and Airbus (4,000+ new jobs coming). Built in 2008, Stone Ridge at Somerby Park offers an outstanding opportunity to invest in the premier asset of West Mobile with legitimate value add potential.
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Stone Ridge at Somerby Park
317 Units
1200 Somerby Drive
Mobile, AL  36695
Type: Conventional
Posted: 6/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 71-unit apartment community located in Warner Robins, Houston County, Georgia. This asset is situated strategically just 2.5 miles from Robins Air Force Base, which recently announced aggressive strategy to add 1,200 tech and cyber security related jobs to Warner Robins. Built in 1976, Stonehenge represents an outstanding opportunity to invest in a value-add ready asset in a submarket with superb growth indicators and market fundamentals, as Middle Georgia maintains its place as a leading Georgia growth market.
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Under Contract
Stonehenge
71 Units
613 Greenbriar Road
Warner Robins, GA  31093
Posted: 2/12/2019