The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Quail Run & Sharon Lakes Condominiums - a value-add opportunity barbelled between two of Charlotte’s most desirable neighborhoods, Steele Creek and South Charlotte. Of the 162 units, 74 are of the 298 unit community of Quail Run and 88 are of the 360 unit community of Sharon Lakes (Non-Majority Stakes). The 1973 / 1972 -built assets are positioned in an epicenter ripe with employment and retail characterized by strong demographics, white-collar employment and an employment node that supports over 98,000 jobs. Featuring a variety of floor plans, the assets offer a truly unique framework primed for immediate value-add in an area that has a market driven value-add upside achieving $100 premiums. The properties also add an extra layer of upside by providing the new ownership the opportunity to exit the properties with a wholesale exit or selling the condominiums on an individual basis for a greater value
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Quail Run & Sharon Lakes (2 properties, 162 units)
Sharon Lakes
162 Units
8301 Sharon Lakes Road
Charlotte, NC  28210
Type: Condo Conversion
Posted: 9/19/2018

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present South Bank Apartments, a 150-unit, core-plus apartment community located in Richmond’s Manchester submarket, a booming urban village located in the heart of the city. Built in 1937 and completely renovated in 2018, the Property combines dynamic industrial character with modern comforts to satisfy the unique tastes of urban renters.

The Property enjoys an excellent location with immediate access to the iconic James River as well as major employment centers in Richmond, which is home to 11 Fortune 1000 companies. South Bank’s exceptional location and unique features make it a rare opportunity to acquire a re-imagined asset with additional upside in the expanding Richmond economy.

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South Bank
150 Units
307 Stockton St
Richmond, VA  23224
Posted: 12/12/2018

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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Under Contract
San Antonio Legacy 7 Portfolio (7 properties, 760 units)
South Hill
174 Units
2715 Lasses Boulevard
San Antonio , TX  78223
Type: Conventional
Posted: 8/15/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 352-unit, Southern Pines apartment community in Spartanburg, SC. Delivered in 1976, Southern Pines is located along the commerce-rich Interstate 85 corridor and is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (+8,000 employees) and burgeoning high-tech economy. Southern Pines lies in an area of East Spartanburg that supports over 10,500 jobs in a three mile radius and sits only three miles from the busy East Main Street commercial corridor (Publix, Fresh Market, Aldi). With most units already up fitted with light renovations, Southern Pines is ripe for an enhanced value-add program to realize tremendous growth in income.
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Under LOI
Southern Pines
352 Units
350 Bryant Road
Spartanburg, SC  29303
Type: Conventional
Posted: 11/19/2018

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

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 and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 649-unit Louisiana Portfolio, which includes four apartment communities. Two of the properties are located in the New Orleans metro and two are in the Lafayette metro. The immediate submarkets provide healthy demographic support due to the excellent regional connectivity and key Louisiana employers. With Louisiana catalyzed by heightened economic activity, population and job growth are projected to continue for the foreseeable future. Louisiana was recently ranked 2nd in the South for economic development and 4th best state in the US for small business. This portfolio represents the opportunity to immediately establish a strong platform in three high-profile Louisiana markets.
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Louisiana 4 Portfolio (4 properties, 649 units)
Steeplechase
192 Units
715 Marie Antoinette Street
Lafayette, LA  70506
Posted: 10/16/2018
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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Under Contract
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 137-unit Stratford Lane apartment community located in Columbus, Muscogee County, Georgia. This asset is situated in the thriving northeast Columbus in the desirable, high-access Midland submarket. Built in 1984, Stratford Lane represents an outstanding opportunity to invest in a Cardinal-built asset along the Midland/Manchester Expressway growth corridor of Georgia’s second largest city that boasts multiple upside potential through premiums on value-add renovations and new management upside.
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Stratford Lane
137 Units
5780 Milgen Road
Columbus, GA  31907
Type: Conventional
Posted: 8/8/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 512-unit Midtown Montgomery Portfolio located in the desirable East submarket of Montgomery, Alabama. East Montgomery offers direct connectivity to Downtown, and is producing the bulk of Montgomery’s development. The metro experienced strong economic growth in 2016, bringing in $411M of capital investment and 2,000 new jobs. These assets are 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 across the board and strong locations, the Midtown Montgomery Portfolio is in a prime position for growth for the next investor.
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Midtown Montgomery Portfolio (2 properties, 512 units)
Stratford Village
224 Units
2000 London Town Lane
Montgomery, AL  36117
Type: Conventional
Posted: 6/2/2016

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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San Antonio Legacy 7 Portfolio (7 properties, 760 units)
Tara
234 Units
8051 Broadway
San Antonio , TX  78209
Type: Conventional
Posted: 8/15/2018

Tarpon Harbor is the newest Class-A rental community in the Florida Keys. The property offers an exceptionally rare opportunity to acquire only one of nine rental communities over 100-units in the entire 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. Tarpon Harbor offers an immediate critical mass of units in a market where the demand for rentals significantly outpaces the supply. Located on the water, adjacent to Florida Keys Marathon Airport, the property features 106 spacious townhome units that average 1,293 square feet, including sixty-two 2 bed/2.5 bath units at 1,092 square feet and forty-four 3 bed/2.5 bath units at 1,577 square feet. The property provides 450 feet of open water views on the Atlantic side of the Island and includes fourteen 32-foot boat slips. The property is 99.1% occupied with twelve month leases.

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Tarpon Harbour
106 Units
6973 Overseas Highway
Marathon, FL  33050
Posted: 3/22/2018

VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY

Cushman & Wakefield is pleased to offer TATUM PLACE, a 164-unit Class "B" apartment community located east of the southeast corner of Tatum Boulevard and Bell Road on 49th Street in Northeast Phoenix, Arizona. This location offers residents easy access to the State Route 51 and Loop 101 freeways, providing immediate access to employment and "world-class" entertainment, shopping and dining venues in Scottsdale and Northeast Phoenix.

Tatum Place offers residents two swimming pools (one an Olympic style lap pool), sun decks, a brand new fitness center, poolside clubhouse, barbecue grills and picnic area, fire pit, attractive landscaping, gated access and covered parking. Interior amenities include washers/dryers, ceiling fans, contemporary window coverings, wood cabinetry, microwaves, double stainless steel kitchen sinks, 9-foot ceilings, cultured marble vanity countertops, patios/balconies with outside storage. Select units include skylights, vaulted ceilings, accent walls, wood-style flooring, pantries, stainless steel appliances, granite countertops and walk-in closets.

Approximately 25% of the unit interiors have been recently upgraded while most of the property exterior and common areas have been upgraded. However, there is still significant opportunity to add value by completing interior renovations to the remaining "untouched" units while at the same time adding finishing touches to the already renovated units that will allow for even further growth in the market rental rates.

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Tatum Place
164 Units
16801 North 49th Street
Scottsdale, AZ  85254
Type: Conventional
Posted: 11/5/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler Associates, Inc. are excited to present the exclusive listing of the 331-unit Baton Rouge Portfolio (The Addison and The High Grove). The properties are poised for significant appreciation due to being located in one of Baton Rouge’s best performing submarkets, featuring premier retail and upscale demographics. Additionally, Ochsner’s $100M expansion, creating 450 jobs, is adjacent to The Addison and The High Grove.
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The Addison & The High Grove (2 properties, 331 units)
The Addison
139 Units
10231 The Grove Boulevard
Baton Rouge, LA  70836
Posted: 1/9/2019
Cushman and Wakefield, as exclusive agent for The Campagna Center, Inc. (the “Seller”), is pleased to present the opportunity to purchase 418 South Washington Street (the “Property”). This historic building was constructed in 1871 and is prominently located in the heart of Old Town Alexandria’s Historic District one block south of Duke Street. It is currently the headquarters for The Campagna Center, a non-profit whose mission is to deliver educational and social development programs for children, teens and adults. The Property consists of 2 parcels which measure 15,790 SF and is improved with an approximately 17,000 SF structure consisting of 2 main floors, an attic and a basement. The building was renovated in 1995 to better serve The Campagna Center as its office headquarters. The Property is zoned Commercial Downtown, which allows office and several types of residential uses (including multifamily and townhouse) as a matter-of-right.
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Under Contract
The Campagna Center
   
418 S Washington St
Alexandria, VA  22314
Posted: 5/3/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 168-unit The Chimneys of Greenville apartment community located in Taylors, South Carolina. The Chimneys of Greenville is strategically positioned along I-85 between Atlanta and Charlotte and in the heart of Greenville’s "Industry Triangle." The Chimneys of Greenville provides easy access to Greenville and Spartanburg’s largest employers. In addition, the property is well positioned to realize remarkable benefits and a 36% boost in NOI with the completion of the in-place value-add program.
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Under Contract
The Chimneys of Greenville
168 Units
4990 Old Spartanburg Road
Taylors, SC  29687
Type: Conventional
Posted: 9/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Commons at Fort Mill, 144-unit apartment community. Delivered in 2009, The Commons at Fort Mill is located in the heart of the thriving Rock Hill / Fort Mill submarket, located just minutes from Fort Mill and Charlotte MSA’s top employers. The property is defined by an exceptional demographic base including an average HHI of over $109,000 within a one-mile radius and 76% white collar employment. Supported by steady operations, The Commons at Fort Mill is setup to bridge the +$275 delta in effective rents to market competitors through a layup value-add initiative, poised to generate premiums of $175.
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The Commons at Fort Mill
Offers Due:  Tuesday, January 15, 2019
144 Units
221 Embassy Drive
Fort Mill, SC  29715
Type: Conventional
Posted: 11/14/2018
The Cushman & Wakefield Studend Housing Group is pleased to present the exclusive listing of The Connection at Lawrence, a 324-unit, 888-bed, student housing community located in Lawrence, Kansas. This purpose-built asset caters to the Power 5, Tier One University of Kansas that exceeded 27,600 students for the Fall of 2017. Built in 2010, The Connection at Lawrence offers investors an already proven value-add opportunity, allowing the ability to recieve immediate cash flow return upon capital deployment.
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Under Contract
The Connection at Lawrence
324 Units | 888 Beds
3100 Ousdahl Road
Lawrence, KS  66046
Type: Student
Posted: 8/13/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 454-unit The Crawford at East Cobb apartment community located in northwest suburban Atlanta, Cobb County, Georgia. This asset is situated within the 120 Loop in Marietta, less than one mile east of the I-75 corridor. The property benefits from sustained demand generated by nearby employers Lockheed Martin, Dobbins Air Reserve Base, and Kennesaw State University, along with direct interstate access to Midtown/Downtown, Perimeter Center, and Buckhead. Built in 1975, The Crawford at East Cobb is primed to benefit from the continued rent growth and demand for higher finishes within the submarket.
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The Crawford at East Cobb
454 Units
1805 Roswell Road
Marietta, GA  30062
Type: Conventional
Posted: 9/27/2018

The DeSota, a landmark multifamily investment opportunity in the affluent community of downtown Sarasota, Florida sets a new standard for rental living on Florida’s west coast. Large, condo-quality units, extensive community amenities and an irreplaceable location create an upscale lifestyle experience that is unrivaled in the region. The DeSota’s residents enjoy ultimate walkability and retail convenience resulting from over 15,000 square feet of (fully-leased) retail space within the building, Whole Foods Market across the street and Starbucks just one block away. Completed in early 2018, The DeSota offers a discerning investor the opportunity to acquire a premiere quality asset in an incredible, affluent market.

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The DeSota (HR)
180 Units
1415 2nd Street
Sarasota, FL  34236
Type: Conventional
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the South Central 8 Portfolio - 1,362 units located in Jackson, TN, Bowling Green, KY, Horn Lake, MS, and Southaven, MS. Each asset is located within minutes of quality retail. With prime locations and stable cash flows, these eight assets offer an outstanding opportunity to invest in a proven value-add program and are poised for powerful future growth.
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Under LOI
Centralized Southeast 8 (8 properties, 1,362 units)
The DeSoto
253 Units
1000 Sutton Place
Horn Lake, MS  38637
Type: Conventional
Posted: 10/2/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The District, a brand new, mixed-use community featuring 309 apartment units and 8,465 square feet of ground-floor retail and office space located in urban Asheville, North Carolina’s focal point for retail and entertainment, the Historic Biltmore Village neighborhood. With unparalleled midrise design that represents the pinnacle of apartment living in Asheville, The District offers the rare opportunity to acquire the premier core asset in a rapidly expanding market. At the tail-end of Asheville’s best lease-up since 2015, The District is poised to continue proven property-level rent growth driven by Buncombe County’s highest-earning renter pool, irreplaceable convenience to expanding blue-chip employers, and the highest jobs-to-supply ratio in the Carolinas.
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The District
309 Units
100 District Drive
Asheville, NC  28803
Type: Conventional
Posted: 10/8/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Southeast Value-Add 12 Portfolio, comprised of twelve apartment communities with a total of 2,671 residential units. This portfolio represents the opportunity to immediately establish or supplement a strong investment platform in five states across the Southeast, one of the nation’s fastest growing regions: Five in the Carolinas, four in Georgia, two in Alabama, and one in Texas. Each asset is primed to benefit from additional value-add upside and possesses outstanding rent growth potential
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Under LOI
Southeast Value-Add 12 Portfolio (11 properties, 2,429 units)
The Fields East West Commons
150 Units
2100 Mesa Valley Way
Austell, GA  30106
Posted: 4/19/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Southeast Value-Add 12 Portfolio, comprised of twelve apartment communities with a total of 2,671 residential units. This portfolio represents the opportunity to immediately establish or supplement a strong investment platform in five states across the Southeast, one of the nation’s fastest growing regions: Five in the Carolinas, four in Georgia, two in Alabama, and one in Texas. Each asset is primed to benefit from additional value-add upside and possesses outstanding rent growth potential
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Southeast Value-Add 12 Portfolio (11 properties, 2,429 units)
The Fields Lake Lanier
115 Units
150 Orchard Brook Drive
Gainesville, GA  30504
Posted: 4/19/2018