The Illiana is a 32-unit, boutique elevator multifamily property located in one of the fastest growing submarkets in the Midwest. Offering efficient two-bedroom floor plans and covered parking, The Illiana is positioned to capture demand from a growing population base of high income renters looking for Class A finishes with little newly built rental product in the market.

The Illiana was developed in 2020, delivering unmatched apartment quality to Whiting. Demand for this product is demonstrated by the property being 100% occupied today. The Illiana attracts residents looking for immediate access to Chicago (24-minute drive, 40-minute train), coupled with the high quality of life and lower cost of living in Northwest Indiana.

CHICAGO LAKEFRONT SUBURB WITH ATTAINABLE COST OF LIVING

a. Whiting is strategically positioned along Lake Michigan, offering residents a high quality of life with a more affordable cost of living than other Chicago suburbs

b. 18.4% more affordable than Chicago

c. Less than 30-minute commute to Chicago

d. South Shore Line Expansion - Recently completed $650m rail transit project

ABILITY TO CAPTURE UPSIDE WITH LONG-TERM RENT GROWTH POTENTIAL

a. In-place master lease presents long-term opportunity to increase rents on 38% of units - currently 34% below in-place rents for market units

b. Best Product in a Growing Market – Despite Lake County growing 2.8% since 2019 (2x the national and Indiana average), there is a lack of new construction apartments with just 1% of inventory built after 2010

c. Strong Population Base - Current tenants at The Illiana have an median HH Income of $82k

d. North Lake County’s thriving market dynamics continue into Q1 2024 with Class A rent growth at 13% YOY and occupancy at 98.3%

e. 100% Occupied

TIF

a. 100% tax abatement through 2031 creates tax certainty for foreseeable future

NORTHWEST INDIANA - BUSINESS FRIENDLY ENVIRONMENT

a. Indiana’s pro-business environment actively encourages corporate expansions and relocations

b. #1 State in the Midwest for doing business

c. #1 State to start a business in the US according to Forbes

d. 37 foreign-owned businesses across 17 countries plan to invest $20.6Bn+ and create 8,500+ jobs in Indiana with average wages of $83,000+

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The Illiana
32 Units
1200 119th Street
Whiting, IN  46394
Type:  Multifamily
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 38.69-acre The Landing at Beaver Creek Multifamily Development Site in Powell (Knoxville), TN. The site is fully entitled and designed for 226 units, with plans calling for a mix of garden apartment and rental townhome product. Land disturbance and NPDES permits have already been pulled. Powell is a quaint suburb in north Knoxville with all the conveniences of the city. K-12 public schools, grocery options, and abundant national retailers are all within an easy 5-minute drive of the site. Additionally, Downtown Knoxville and the University of Tennessee are reachable within a quick 15-minute drive, making the site a great location for students and downtown employees to call home in the future. The Landing at Beaver Creek Multifamily Development Site offers an exciting opportunity to expediently break ground in one of the strongest secondary markets in the Southeast.
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The Landing at Beaver Creek
38.69 Acres
W Beaver Creek Drive
Powell, TN  37849
Type:  Land
Posted: 10/10/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 28-unit Life at Legacy Fountains Townhomes in Kansas City, MO. This asset is situated in south Kansas City, within the Inner Jackson County submarket, where rents are projected to increase by 3.5% over the next 12 months. The asset is also highlighted by a proven value add campaign, where most recent leases are receiving $225+ premiums over in-place averages. Built in 1970, the Life at Legacy Fountains Townhomes represents the rare opportunity to invest in infill townhome assets with significant value add upside.
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The Life at Legacy Fountains Townhomes
28 Units
1520 E 97th St
Kansas City, MO  64131
Type:  Multifamily
Posted: 6/27/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 161-unit The Local on Severn apartment community located in New Orleans’ most affluent neighborhood. This asset is situated off of I-10, just before Lake Pontchartrain and adjacent to Lakeside Shopping Center, giving residents prime access to major New Orleans, Metairie, Slidell and Covington employers. With minimal supply in the area, the property is primed for future rent growth. Built in 1974 and renovated in 2018, The Local on Severn represents an outstanding opportunity to invest in a value-add opportunity in a prime location with strong submarket fundamentals.
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The Local on Severn
161 Units
3409 Severn Avenue
Metairie, LA  70002
Posted: 4/25/2024

The Malt House is a 118-unit, boutique elevator multifamily property located in one of the fastest growing submarkets of downtown Milwaukee. The Malt House is positioned to capture demand from young urban renters, offering attainable rents relative to new-construction product with all the perks of Class A living - a model that is impossible to replicate today.

The Malt House was redeveloped in 2021, delivering an unmatched product in the rental market with an industrial aesthetic, luxury finishes and robust amenities. The property is positioned for more operationally focused ownership, as the market continues to show demand for this product type, with rents growing 6.8% on new leases and 5.3% on renewals since September.

EXTENSIVE RENOVATION OFFERED WELL BELOW REPLACEMENT COST

a. Current ownership underwent a 5-year conversion project, delivering the property to market in 2021

b. Unique industrial aesthetic with Class-A unit finishes including stainless steel appliances, white shaker cabinets, granite countertops, and white subway tile backsplash

c. Robust amenity package including atrium, co-working lounge, game room, fitness center, movie theatre room and rooftop deck

UNIQUE RENTAL PRODUCT CATERING TO YOUNG PROFESSIONAL TENANT BASE LOOKING FOR HIGH-END LIVING AT ATTAINABLE RENTS

a. Attainable rents offered at a 15% discount to Class A product in the submarket

b. Strong recent lease trade outs – 6.8% on new leases and 5.3% on renewals since September

c. Large floor plans – Average unit size 19% larger than comp set average

d. Top tier amenities comparable to new-construction product

ASSET IMMEDIATELY ADJACENT TO MASSIVE DEER DISTRICT PUD AND TOP DOWNTOWN MILWAUKEE DESTINATIONS

a. Deer District Development (since 2019) – 1.3b sf of entertainment, 1,000 residential units, 600 hotel keys and 200k sf of office space

b. Part of Brewery District Redevelopment – $300m investment across 16 repurposed historically significant buildings totaling 850k sf

c. Accessible to Marquette Campus (11,600 students), Iron District development ($160m in 2025), and Lake Michigan

MILWAUKEE EMPLOYERS

a. Northwestern Mutual - $1b campus across two buildings and 5,000 employees

b. Six Fortune 500 HQs and additional six Fortune 1000 HQs

c. Walking distance to over 87,000 professionals in Milwaukee CBD

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The Malt House
118 Units
1009 W Juneau Ave
Milwaukee, WI  53233
Type:  Multifamily
Posted: 2/13/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 110-unit The Meadows community. Situated in the heart of the I-20W/Fulton Industrial district and neighboring major thoroughfares, residents enjoy premier access to the city’s most prolific job centers. Remarkable expansion efforts are underway in the overarching Douglas County area, most noteworthy being along Fairburn Road. The Meadows lies under half a mile from the intersection of Fairburn Road & Lee Road where The Trails, an impressive $350M mixed-use project, is currently under construction. Ongoing development throughout the County, along with continued job market growth, has led to heightened demand in the market and consistent rent growth. Current ownership has renovated 5 units, providing new ownership the opportunity to renovate the remaining 95% of the property and drive increased rents.
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Under LOI
The Meadows
110 Units
2725 Forrester Ct
Lithia Springs, GA  30122
Posted: 4/26/2024
The Cushman & Wakefield Student Housing Capital Markets Team is pleased to present the exclusive listing of The Nest, a 270-unit, 784-bed student housing apartment community, located in Lawrence, Kansas. Built in 2019, The Nest is situated in a highly amenitized location with property shuttle service to the University of Kansas. The Nest presents an exceptional investment opportunity being a true standout, with significant appeal due to its exclusive status as the sole cottage-style product in the market, with leasing that outperforms its competition.
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Under Contract
The Nest
270 Units | 784 Beds
3345 Magnolia Circle
Lawrence, KS  66046
Posted: 9/26/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 284 unit Anderson Value-Add Portfolio, which can be acquired together or separately. Situated in Anderson SC, these three properties benefit from their idyllic location in the Upstate, SC, which has experienced over $5B in capital investments since 2022. Ideal proximity via I-85 provides direct accessibility to Anderson’s employment drivers, including AnMed Health Center, Anderson University, Bosch Corp, and Tectronic Industries, as well as the area’s top retail destinations. Strong fundamentals, including immense rental growth (20% projected through 2028), affluent demographics ($72K HHI) and a lack of supply (less than 110 units under construction) elevate the Anderson submarket. Built between 1964-2004, the Anderson Portfolio arrives to the market significantly below market competitors (+$400 below top comp), with a proven value-add program and the option to assume favorable, fixed rate debt as low as 3.68%.
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Anderson 3 Portfolio (3 properties, 284 units)
The Oaks at Anderson
100 Units
106 Concord Avenue
Anderson, SC  29621
Type:  Multifamily
Posted: 5/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 486-unit The Park at Galaway apartment community located in East Point, Fulton County, Georgia. This asset is situated in the strategically located Aerotropolis of south Atlanta. Built in 1970, The Park at Galaway represents an outstanding opportunity to invest in a best-in-class asset positioned within Atlanta’s premier workforce-driven submarket. Offering a diverse balance of floor plans, the property is primed to achieve long-term stabilized occupancy. Attractive assumable debt allows a new owner to benefit from excellent levered returns while minimizing capital stack.
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The Park at Galaway
486 Units
4031 Seven Oaks Lane SW
East Point, GA  30344
Type:  Multifamily
Posted: 4/12/2024

The Cushman & Wakefield Florida Multifamily Group is pleased to present the 240-unit The Park at Via Corso multifamily community located in Daytona Beach, Florida.

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Under Contract
The Park At Via Corso
240 Units
310 South Nova Road
Daytona Beach, FL  32114
Posted: 4/18/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Printing Press Lofts – 21 fully renovated units located in the heart of Historic Downtown Montgomery, AL. Redeveloped in 2013, The Printing Press Lofts now boasts full interior, exterior and amenity renovations. The asset provides residents convenient access to employment hubs and walkability to top-tier dining and entertainment venues off Commerce Street and Fountain Square. Arriving to market with impressive performance (98.2% T12 avg. occ.), The Printing Press Lofts offers new ownership an outstanding opportunity to acquire a heavily capitalized, desirably located asset with excellent trends in place.
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The Printing Press Lofts
21 Units
215 North Court Street
Montgomery, AL  36104
Type:  Multifamily
Posted: 10/30/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 284 unit Anderson Value-Add Portfolio, which can be acquired together or separately. Situated in Anderson SC, these three properties benefit from their idyllic location in the Upstate, SC, which has experienced over $5B in capital investments since 2022. Ideal proximity via I-85 provides direct accessibility to Anderson’s employment drivers, including AnMed Health Center, Anderson University, Bosch Corp, and Tectronic Industries, as well as the area’s top retail destinations. Strong fundamentals, including immense rental growth (20% projected through 2028), affluent demographics ($72K HHI) and a lack of supply (less than 110 units under construction) elevate the Anderson submarket. Built between 1964-2004, the Anderson Portfolio arrives to the market significantly below market competitors (+$400 below top comp), with a proven value-add program and the option to assume favorable, fixed rate debt as low as 3.68%.
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Anderson 3 Portfolio (3 properties, 284 units)
The Reserve at Anderson
152 Units
150 Continental Street
Anderson, SC  29625
Type:  Multifamily
Posted: 5/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Reserve at Birch Creek, a 364-unit apartment community located in Atlanta, Fulton County, Georgia. This asset is situated in the thriving I-20 West/Fulton Industrial District of southwest Atlanta. Built in 1971, The Reserve at Birch Creek represents an outstanding opportunity to invest in an asset at an incredible cost basis that is primed for value-add upside. Rooted in a thriving logistics driven location with impressive submarket fundamentals, The Reserve at Birch Creek is poised to be a best-in-class property in Atlanta’s premier employment corridor.
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The Reserve at Birch Creek
Offers Due:  Wednesday, August 14, 2024
364 Units
3901 Campbellton Road SW
Atlanta, GA  30331
Type:  Multifamily
Posted: 7/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Reserve at Maple Ridge, a 263-unit apartment community located in East Point, Fulton County, Georgia. This asset is situated in the strategically-located Aerotropolis of south Atlanta. Built in 1965, The Reserve at Maple Ridge represents an outstanding opportunity to invest in an asset at an incredible cost basis that is primed for value-add upside. Rooted in a thriving logistics driven location with impressive submarket fundamentals, The Reserve at Maple Ridge is poised to be a best-in-class property in Atlanta’s premier employment corridor.
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The Reserve at Maple Ridge
Offers Due:  Wednesday, August 14, 2024
263 Units
3073 Washington Road
East Point, GA  30344
Posted: 7/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ± 48-acre development site, The Reserve at Savannah Harbor Development Site, located in Savannah, GA. Positioned on Hutchinson Island, just a short drive or ferry ride from historic downtown Savannah, the site’s location offers the opportunity for luxurious island living with all the conveniences and amenities of a major city. The opportunity consists of 149 finished lots with utilities, a completed clubhouse, and raw land with potential for 172 additional lots, poising it well for build-to-rent development. Lots have unrivalled views of the Savannah Harbor Golf Course, the Savannah River, the Little Black River, the Talmadge Memorial Bridge, and downtown Savannah. Significant public and private investments are in progress across multiple developments on Hutchinson Island. Savannah’s growth, fueled by its thriving port, has bolstered an impressive coastal economy. The Reserve at Savannah Harbor Development Site presents a generational chance to acquire a large portion of the only island off downtown Savannah and develop one of the city’s premier and most unique communities.
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Under LOI
The Reserve at Savannah Harbor
48 Acres
407 Reserve Way
Savannah, GA  31401
Type:  Land
Posted: 1/25/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit The Reserves of Thomas Glen apartment community located in Shepherdsville, Kentucky. The Reserves of Thomas Glen is advantageously located within the booming e-commerce and industrial network of Bullitt County. Strategically situated off a primary thoroughfare, the property benefits from regional connectivity and convenient access to Louisville’s largest metro employers, including the UPS Worldport, as well as the nearby employment hubs of Fort Knox and Elizabethtown. Neighboring Elizabethtown is experiencing explosive growth, most notably the $5.6B Ford/Blue Oval EV project, which is set to bring 5K jobs by 2025. An abundance of job opportunities, ideal submarket metrics and suburban atmosphere has led to increased demand in the Shepherdsville multifamily submarket. Please note, The Reserves of Thomas Glen must be acquired with the in-place loan. The current in-place loan is right-sized with a remaining balance of $18.2M and has 4 years of I/O remaining.
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The Reserves of Thomas Glen
192 Units
123 Thomas Glen Drive
Shepherdsville, KY  40165
Posted: 7/1/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile 148 portfolio, 148 units across the Arbor Pointe, Bird’s Nest, and The Retreat at Pleasant Valley apartment communities located in Mobile, AL. These assets are located 12 minutes north (Arbor Pointe) and southwest (Bird’s Nest and The Retreat at Pleasant Valley) of Downtown Mobile. All three assets offer high visibility and convenient access to I-65 (81K+ VPD) and other significant thoroughfares, allowing for easy access to Downtown and the surrounding economic drivers. Built in 1971-1998, the Mobile 148 portfolio represents an outstanding opportunity to invest in well-capitalized assets ($7K+/unit on interior renovations on 99 units) with outstanding potential for operational efficiencies due to the properties’ close proximity to one another. In addition to this, there is additional runway for the next investor to round out the value-add campaign, adding $88,200+ to bottom-line NOI via mid-cost upgrades on the remaining 49 classic units – 17-18% ROI.
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Mobile 148 Portfolio (3 properties, 148 units)
The Retreat at Pleasant Valley
60 Units
2904 Pleasant Valley Rd
Mobile, AL  36606
Posted: 7/24/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Riley, a 178-unit, 2023-built apartment community in Burleson, Texas, a high-growth suburban community south of Fort Worth. The Riley is positioned along major highways, offering convenient access to DFW’s major employment hubs and a workforce of 650,000 within a 25-minute drive, including the Near Southside Medical District (with over 39,000 jobs), Downtown Fort Worth (boasting 52,100 jobs), and Lockheed Martin (employing over 18,200 individuals). The Riley’s proximity to Burleson’s prominent retail, entertainment, and recreational options continues attracts new residents. Favorable demographics and strong multifamily fundamentals help establish considerable upside for The Riley in the years ahead.
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The Riley
178 Units
480 Commons Dr
Burleson, TX  76028
Posted: 4/16/2024
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisor Group is pleased to present The Villages at City Center, a 116-unit asset in Newport News, Virginia. The Villages at City Center was built in three phases and is comprised predominately of townhome style units. This, coupled with varying unit styles offers ultimate leasing optionality for tenants which has contributed to steady operations and limited rental loss on a trailing basis. The Property’s location in the desirable Jefferson Avenue Corridor is among the best in the region, minutes from I-64 with significant high-end employment and retail offerings in close proximity. The asset is located adjacent to Newport News’s urban town center, City Center of Oyster Point and five minutes from one of only two Whole Foods Markets in the entire MSA adding to its appeal. The Villages at City Center offers investors various value-add strategies with renovation premiums of $125 proven out by current ownership and the ability exceed these premiums based on rents being achieved by similar assets in the immediate area. A substantial amount of capital has been invested in the asset by current and former ownership which limits downside risk and will allow a new investor to focus on income producing investment. The Hampton Roads apartment market has been one of the best performing in the Mid-Atlantic region with projected rent growth exceeding that of peer markets Richmond and Washington, DC. The Villages at City Center offers a rare opportunity to acquire a well performing asset, with limited capital required and additional upside in one of the most stable economies in the Mid-Atlantic.
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The Villages at City Center
116 Units
828 Forrest Dr
Newport News, VA  23606
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Willows at Grande Dunes, a premier 321-unit multifamily community located in the fastest growing region in the country, Myrtle Beach, SC. Built in 2023, this institutional asset is strategically located alongside Hwy 17, in the sought-after Grande Dunes neighborhood, providing residents with seamless connectivity to major employment centers and retail. Residents continue to migrate to Myrtle Beach due to the low cost of living, highly ranked school districts, accessibility, and the vibrant culture and entertainment. The immediate area surrounding the property boasts long-term fundamentals, including skyrocketing home values (110% increase in mortgage payments), blue-chip demographics ($151k+ avg. HHI), and 79k+ jobs within a 25-minute drive. Willows at Grande Dunes also offers residents a “Grande” experience, including modern interiors, elevators in each building, pickleball courts, and a poolside putting green. Averaging 26 move-ins since March, the property is primed to benefit from the summer leasing season as well as capitalize on second generation leasing, in order to bridge the rent delta to top-of-market competitors.
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The Willows at Grande Dunes
321 Units
7075 Cuddy Lane
Myrtle Beach, SC  29572
Type:  Multifamily
Posted: 7/8/2024
Three Oaks is a rare opportunity to purchase a fully entitled, pad-ready site in a residential redevelopment in the dynamic suburb of Oakley in Cincinnati OH. This development site offers a senior living owner the opportunity to develop a 5.6 +/- acre senior living facility within a beautiful 30-acre master planned community that includes Single Family & Townhome residential along with Class A+ market rate apartments..

1. Three Oaks Master Development
The senior living site is located within Neyer Properties planned Three Oaks mixed-use 30-acre development. Along with Senior Living this new and exciting neighborhood will have a mix of new-urbanism single family residential homes, townhomes and 393 Class A+ apartments..

2 . Fully Entitled Delivered Site
The site is zoned for up to 200 senior units and is fully entitled with a 30% real estate tax abatement for 15 years. The master developer will begin construction on infrastructure in Spring 2022 with anticipated delivery of a pad-ready site, including new public utilities and public roadways in Fall 2022.

3. On Site Amenities
Three Oaks will have numerous on-site amenities including a public park and a multitude green spaces throughout the development along with dog parks and a ½ mile walking trail.

4. Eclectic Urban Neighborhood
The property is centrally located in the Cincinnati market and adjacent to numerous affluent communities. Oakley Station, a 74-acre retail, entertainment and office development is just minutes away and a pedestrian tunnel to provide direct access to Oakley Station is being planned. In addition to Oakley Station there are numerous unique neighborhood establishments.

5. Strong Senior Demographics
Since 2010, the senior population has increased by 9%. The population age 75 and older between 2019 & 2024 is projected to increase by over 13%. In addition, the average household income within a 5-mile radius is over $80,000 per year.
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Three Oaks Senior Site
5.6 Acres
Robertson Ave.
Cincinnati, OH  45209
Type:  Land
Posted: 3/2/2022
Tiller Farms offers a developer an opportunity to create a mixed-use master planned community on 305 acres in a premier Springfield OH location. The site consists of 5 land parcels that ideally are purchased by one developer, but owner may consider offers on separate parcels.

The land is a combination of cleared, flat and gently rolling wooded terrain including a lake. The site is bordered by established high middle-class communities on the northern & eastern borders and The Historic Simon Kenton Inn is contiguous to Tiller Farms along the west border.

Tiller Farms has prominent visibility from Routes 334 & 72 which provides direct access to numerous retail & restaurants. I-70 a major interstate connecting Columbus and Dayton is just a 5-minute drive from the site.

• Potential economic incentives available
• Minutes to numerous restaurants and retail centers
• Adjacent to major highways, including I-70
• Large employees include Navistar Assembly Plant, Mercy Health
Regional Medical Center, Honda EV Battery Plant & Honda Auto Assembly Factory
• Lack of new residential developments in the city of Springfield offers a developer the unique opportunity to provide new housing for an under-served market.
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Tiller Farms
305.09 Acres
4343 Derr Rd.
Springfield, OH  45503
Type:  Land
Posted: 6/7/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit, Timber Pointe apartment community located in Macon, Bibb County, Georgia. This asset is situated in robust middle Georgia bolstered by top, high paying employers, multiple higher education institutions, and award-winning healthcare centers, including Piedmont Health Center and Atrium Health Navicent. Built in 1983, Timber Pointe represents an outstanding opportunity for new ownership to invest in a property that is currently achieving $126 in-place rent premiums. In addition, Timber Pointe offers a great opportunity to assume attractive debt below current market levels, with the ability to reach an LTV of 65%+. Middle Georgia continues to grow with the Peach Co. mega site breaking ground, the new 10,000 seat Macon Amphitheater, and the $500M I-16/I-75 interchange expansion project.
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Under Contract
Timber Pointe
152 Units
2050 Old Clinton Road
Macon, GA  31211
Type:  Multifamily
Posted: 4/11/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 194-unit Park Square and Townhomes @ Spartanburg, which can be acquired together or separately. Positioned less than a mile apart, the assets’ proximity to each other allows for portfolio synergy of shared operations in Spartanburg, SC. Each property directly benefits from the Upstate’s burgeoning economic growth, which has experienced over $5B in capital investments since 2022. Residents are provided streamlined access to the MSA’s top employers, including industry anchors BMW Plant Spartanburg, Inland Port Greer, and the Michelin Manufacturing Plant via I-26 and I-85. The surrounding area boasts impeccable market metrics, including above average rent growth (30%), rising home values (52% growth), and positive demographics ($64K HHI), in addition to top notch retail, including WestGate Mall, Market Square, and The Dorman Centre. Built in 1968 and 1974, both properties arrive to the market with a rare opportunity to implement Class-A finish levels and achieve $150 premiums, setting the communities in line with market comparables.
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Under Contract
Park Square & Townhomes at Spartanburg (2 properties, 194 units)
Townhomes @ Spartanburg
98 Units
201 East Blackstock Road
Spartanburg, SC  29301
Type:  Multifamily
Posted: 3/27/2024