The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Birmingham 508 portfolio, located in Birmingham, AL. Comprised of Chace Lake Villas and The Renaissance at Galleria, these assets offer an outstanding location for tenants within minutes of 10,000+ jobs and nearly 3M square feet of quality retail amenities. Built in 1996 and 1994, Chace Lake Villas and The Renaissance at Galleria represent a clear-cut opportunity to invest in heavily-demanded assets with quality construction and in-place value add campaigns, creating significant room for revenue growth for the next investor.
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Birmingham 508 Portfolio (2 properties, 508 units)
Renaissance at Galleria
244 Units
3800 Galleria Woods Drive
Hoover, AL  35244
Type: Conventional
Posted: 1/21/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 298-unit Reserve at 1200 & 1404 apartment communities are located in Albany, Dougherty County, Georgia. These assets are situated in the desirable Northwest Albany area along arterial corridor, Whispering Pines Rd, which quickly connects residents to the market’s premier retail and major job hubs. Built in 1979, Reserve at 1200 & 1404 represent 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). *This portfolio is operated by a special servicer.
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Under LOI
Reserve at 1200 & 1404
298 Units
1404 Whispering Pines Rd & 1200 Kingtown Ct
Albany, GA  31707
Type: Conventional
Posted: 10/22/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates. Inc. are pleased to present the exclusive listing of the 240-unit Reserve at River Place apartment community located in the affluent and quickly-growing city of Youngsville (Lafayette), Louisiana. This asset is surrounded by leading retail and top employers, including the River Ranch: the premiere shopping and living destination in Lafayette. Strategically located just off Ambassador Caffery Parkway, residents enjoy convenient access to all of Lafayette Parish. Built in 2019, Reserve at River Place offers an outstanding opportunity to invest in a top-of-market product in a prime location.
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Reserve at River Place
240 Units
5530 Ambassador Caffery Pkwy
Youngsville, LA  70592
Posted: 1/6/2020

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
River Bend
16 Units
247 Nugent Ave
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present River Bend, a 16-unit property located at 247 Nugent Ave in Fort Lauderdale. The property has shown strong historical occupancies with below market rents. There is significant rental upside by increasing the rents on the units with rent comps strongly supporting rent growth of $300+ per month. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1966 and has its 40 year certification. The property operates as a 12-month rental but offers an excellent Airbnb/short-term rental opportunity. The property is waterfront and includes 14 parking spaces. The units average 439 square feet with 10 one-bedrooms and 6 two-bedrooms. Located in the heart of downtown Ft Lauderdale walking distance to Riverwalk, Las Olas and Himmarshee.
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River Bend
16 Units
247 Nugent Ave
Fort Lauderdale, FL
Posted: 2/13/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 192-unit River Park apartment community located in McComb, MS. McComb, located along I-55 and centralized amongst key MSAs, is a budding regional retail hub with nearly 2 million square feet and major big box stores. River Park is part of an upcoming major mixeduse project that is taking shape at the I-55/Hwy-98 interchange, which will feature grocery, retail, office, and flex space. Built and delivered in late 2015, the subject property offers a Class A asset below replacement cost with an outstanding collections trend. The next investor will also benefit from long-term HUD debt that will boost cash-on-cash returns.
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River Park
192 Units
1328 Parklane Road
McComb, MS  39648
Type: Conventional
Posted: 2/25/2019

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Langley Apartments Portfolio, a one-of-a-kind portfolio providing significant scale in Central & Southwestern Virginia totaling 720 total apartment units. The Portfolio’s limited CapEx needs, significant operational upside and value-add upside will drive strong investor returns while providing meaningful economies of scale in one of Virginia’s most stable corridors. The Portfolio offers value-add upside with a combination of in-unit renovations and washer-dryer installation, allowing a new owner to realize significant rental premiums. The Properties also have significant gaps with primary competitors and enhancing unit interiors will provide a competitive advantage while still placing rent levels comfortably below nearby properties. Both the Lynchburg and Roanoke markets offer stable demand drivers and employment sectors which have led to historic rent growth and low vacancy. The Properties can be acquired as individual assets, mini-portfolios or as a whole portfolio to provide maximum flexibility.

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The Langley Apartments Portfolio (4 properties, 444 units)
Rivermont Park
55 Units
2935 Rivermont Avenue
Lynchburg, VA  24503
Type: Conventional
Posted: 3/27/2020
North Central Florida Income Restricted Investment Opportunity

Cushman & Wakefield, as exclusive advisor, is pleased to present Harbor Cove and Riverside Apartments as a portfolio or individually. Harbor Cove, a 208-unit two story garden community is located in Gainesville, Florida with visibility to Interstate 95. Riverside Apartments, a 304-unit two story garden community is located in Tarpon Springs, Florida, which is part of the Tampa MSA. The units average 1,000 square feet with over 65% 2- or 3-bedrooms. The portfolio offers significant upside by first, setting rents to current market rent levels and second, by implementing an in-unit renovation program. Residents have access to strong employment markets and are each less than an hour drive away from their respective metropolian areas. The Harbor Cove and Riverside portfolio is being offered for sale by its owners, Waypoint Real Estate Investments.

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Harbor Cove & Riverside Portfolio (2 properties, 512 units)
Riverside
304 Units
1589 Starlight Cove
Tarpon Springs, FL  34689
Type: Bond Financed
Posted: 2/6/2020
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)
Roosevelt Townhomes
68 Units
3001 Roosevelt Highway
College Park, GA  30337
Type: Conventional
Posted: 3/26/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
Rosalene
10 Units
615 NE 26th Street
Wilton Manors, FL
Posted: 10/3/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 368-unit Serenity Montgomery Portfolio. Benefiting from a strong manufacturing economy, the Montgomery metro has garnered over $1 Billion in capital investments and approximately 7,000 jobs over the past three years. Hyundai (3,000+ jobs) recently announced additional investments of $400M+ and 100+ jobs. The two assets, Serenity at the Park and Serenity Townhomes, are situated in an "Opportunity Zone" which will provide huge tax benefits to the next investor. Built in 1972 and comprised of all-brick exteriors, the Serenity Montgomery Portfolio offers value add upside at an extremely attractive basis.
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Under Contract
Serenity Montgomery (2 properties, 368 units)
Serenity Townhomes
192 Units
4930 Park Towne Way
Montgomery, AL  36116
Type: Conventional
Posted: 10/18/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listings of Shannon Chase and Hidden Lake, two apartment communities in Union City, Fulton County, Georgia. Located less than 3 miles from each other, and strategically situated between 5-7 miles southwest of Hartsfield-Jackson International Airport, these assets benefit from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in the mid-1980s, Shannon Chase and Hidden Lake arrive with massive value-add potential.
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Shannon Chase & Hidden Lake (2 properties, 476 units)
Shannon Chase
156 Units
5300 Georgia Highway 138
Union City, GA  30291
Type: Conventional
Posted: 2/24/2020
The Cushman & Wakefield Sunbelt 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

Silvertree is a 892-bed | 332-unit portfolio of 7 properties built in 1984-19952 and located in Muncie, Indiana. This offering represents an opportunity to buy 7 nearby/adjacent properties with a large presence in the market, and it offers economies of scale at 6.3% T-12 (even with 83% occupancy) and 7.3% year one forecast cap rate.

The communities are situated close to each other and near the campus of Ball State University which has steady enrollment of approximately 22,000 and employs about 3,500 people.

All units have washer/dryers in the units. The properties offer an attractive unit mix with a variety of unit styles to fit any resident's needs. Some units were upgraded in 2010 and include high-end finishes such as granite countertops, new wood cabinets, energy-efficient appliances and vinyl plank flooring.

The amenities at Silvertree are centralized at the Silvetree location and include a clubhouse with a 24-hour fitness center as well as the leasing and management office. Other amenities include a sparkling swimming pool, sand volleyball court, basketball court and tanning bed.

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Silvertree Communities - Muncie
332 Units
2720 N Silvertree Lane
Muncie, IN  47304
Posted: 2/14/2020
Property is Located in a Designated Opportunity Zone With Tax Benefits

Cushman & Wakefield, as exclusive advisor, is pleased to present Southern Oaks Apartments, a 330-unit value-add multifamily community in Orlando, Florida. Completed in 1973, the property sits on over 18 acres, providing a density setting of only 17.85 units per acre. The property is located within a Designated Opportunity Zone, providing tax benefits.

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Southern Oaks
330 Units
5900 Park Hamilton Boulevard
Orlando, FL  32808
Type: Conventional
Posted: 12/9/2019
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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Under Contract
Springs at Country Club
252 Units
2130 Country Club Road
Lake Charles, LA  70605
Posted: 8/15/2019
Property Highlights

• Prime redevelopment site

• Just North of University of St. Thomas

• ¼ mile South of I-94

• Close proximity to Macalester College, St. Catherine University, and Concordia University St. Paul

• Located on new Metro Transit Bus Rapid Transit line (B-Line Project)

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St. Paul Multifamily Redevelopment Land
0.79 Acres
2173, 2171, 2163 Marshall Avenue
St. Paul, MN  55104
Type: Land
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Sterling Bluff apartment community located in Savannah, Chatham County, Georgia. This asset is situated in the rapidly-expanding, Colonial Village Submarket of Savannah. Built in 1977, Sterling Bluff represents an outstanding opportunity to invest in an asset where further renovations can potentially garner a 25% ROI after completion. Sterling Bluff’s unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, is fueling its recent population growth and rapidly rising incomes.
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Sterling Bluff
216 Units
201 West Montgomery Cross Road
Savannah, GA  31406
Type: Conventional
Posted: 1/16/2020
We have suspended property tours and are postponing the request for offers.
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Sunset Marina, the newest waterfront Class-A rental community in the Florida Keys. A shortage of rental supply, limited land and limitations on new residential development make the Florida Keys one of the most supply constrained markets in the U.S.
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Sunset Marina
60 Units
5555 College Road
Key West, FL  33040
Posted: 2/10/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the LN Development Tallahassee Value-Add Portfolio, a 426-unit multifamily opportunity of three properties strategically located throughout Tallahassee, Florida.

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Under Contract
Tallahassee Value-Add Portfolio (3 properties, 426 units)
Tanglewood
112 Units
1600 Pullen Road
Tallahassee, FL  32303
Posted: 1/21/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1995-built, 156-unit Terrace at Olde Battleground , the 1986-built, 120-unit Terrace Oaks apartment community, and 180-unit Madison Woods apartment community located in Greensboro, NC. New ownership has the opportunity to inherit a well-maintained value-add duo, Terrace Oaks & Terrace at Olde Battleground, that could capture a combined 34% increase to portfolio NOI through a targeted interior renovation program, and taking advantage of portfolio operating efficiencies to bring variable expenses more in line with the market. Built in 1968/1973, Madison Woods offers newly implemented revenue streams along with a trial value-add program that is commanding average premiums of $157/mo. over units leasing with standard features.
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Greensboro Value-Add 3 Portfolio (3 properties, 456 units)
Terrace at Olde Battleground
Offers Due:  Thursday, July 2, 2020
156 Units
3800 Cotswold Avenue
Greensboro, NC  27410
Type: Conventional
Posted: 2/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1995-built, 156-unit Terrace at Olde Battleground , the 1986-built, 120-unit Terrace Oaks apartment community, and 180-unit Madison Woods apartment community located in Greensboro, NC. New ownership has the opportunity to inherit a well-maintained value-add duo, Terrace Oaks & Terrace at Olde Battleground, that could capture a combined 34% increase to portfolio NOI through a targeted interior renovation program, and taking advantage of portfolio operating efficiencies to bring variable expenses more in line with the market. Built in 1968/1973, Madison Woods offers newly implemented revenue streams along with a trial value-add program that is commanding average premiums of $157/mo. over units leasing with standard features.
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Greensboro Value-Add 3 Portfolio (3 properties, 456 units)
Terrace Oaks
Offers Due:  Thursday, July 2, 2020
120 Units
3803 Cotswold Avenue
Greensboro, NC  27410
Type: Conventional
Posted: 2/20/2020
The Cushman & Wakefield Student Housing Capital Markets team, in conjunction with the Texas Multifamily Team, is pleased to present the exclusive listing of The Arch at Abilene, a 192-unit, 504-bed student housing apartment community located in Abilene, Texas. This asset is located less than one mile from Abilene Christian University, and is also a central location to three additional universities, only minutes from Interstate 20. Built in 2007, The Arch at Abilene offers an investor the opportunity to acquire an institutionally maintained asset with stable cash flow with highly desirable income upside.
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The Arch Abilene
192 Units | 504 Beds
2702 North Judge Ely Blvd.
Abilene, TX  79601
Type: Student
Posted: 1/2/2020