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.
The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.