The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Arlington - 97 units located in Jackson, Hinds County, MS. This well demanded asset sits approximately 8 miles north of the capital city of Downtown Jackson. Maintaining excellent visibility, signage and direct frontage off Ridgewood Rd, The Arlington offers residents quick access to all of Jackson’s primary economic drivers. The asset features 29 renovated units now achieving up to $130 premiums over effective rents at time of acquisition, leaving 68 classic units for the next investor to completely round out the community. Originally constructed in 1972, The Arlington presents the opportunity to acquire an upward-trending asset with proven value add demand in an excellent location.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the East Charlotte 728 Portfolio consisting of Delta Crossing, The Avalon, and The Kelston apartment communities. The assets are situated adjacent to the 78-acre mixed-use Eastland Mall redevelopment, which is anchored by the Headquarters of Charlotte’s new Major League Soccer team. Convenient location to a desirable thoroughfare provides access to 250,000 jobs within a 15-minute drive, as well as the most popular entertainment hubs throughout the city. Strong demographic trends show a 14% increase to average household incomes over the next 5 years that will support continued rent growth. The East Charlotte 728 Portfolio represents an outstanding opportunity to realize rental premiums of up to $200 which nearby competitive properties are currently achieving in this rapidly transforming submarket.

240 Units

6000 Regal Estates Drive
Charlotte, NC 28212

Type: Conventional

Posted: 5/27/2020

Cushman & Wakefield, as exclusive agent, presents The District at Clifton Heights—Cincinnati’s premier mixed-use development adjacent to the University of Cincinnati in the Clifton Heights community. This opportunity offers developers multiple development sites that include hospitality, multifamily and retail, and age restricted housing. It is a unique opportunity to collaborate with the master developer Trinitas Development to create iconic developments in a fully-entitled district with an incredible, diverse demographic looking for a destination location ideal for live-work-play. Opportunities include the following:

The development of 400 units of multifamily, including a 275 foot luxury residential tower along with up to 130,000 square feet of ground floor, lifestyle retail
A pad ready site to develop up to 200 units of exclusive, age restricted residential community
Development of 170-key, hard-corner hotel as part of a larger development with retail and parking at the center of campus and the district

For access to confidential documents, please register at: thedistrictcincinnati.com

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The District at Clifton Heights

311 Straight St
Cincinnati, OH 45219

Type: Land

Posted: 3/3/2020

The Cushman & Wakefield Student Housing Team, in conjunction with the Tennessee Multifamily Team, is pleased to present the exclusive listing of The Grove at Murfreesboro, a 186-unit, 504-bed student housing community located in Murfreesboro, Tennessee. Located less than a mile from Middle Tennessee State University, The Grove offers direct access into campus and is only thirty-five miles from Nashville, one of the fastest growing metros in the nation. Built in 2009, The Grove at Murfreesboro offers an outstanding opportunity to invest in an institutionally maintained asset with immediate cash flows and strong year-over-year returns.

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The Grove Murfreesboro

186 Units | 504 Beds

1320 Journey Drive
Murfreesboro, TN 37130

Type: Student

Posted: 1/2/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 180-unit The Hamptons apartment community (the "Property") located in Charlotte, North Carolina. Built in 1996, The Hamptons represents the ideal value-add investment vehicle. The current value-add program is realizing average rental premiums of $170, and a new owner will be poised to capture a 16% increase in NOI through the completion of the program. The Property is situated in an optimal location along prominent thoroughfare, W.T. Harris Blvd, which provides access to the region’s premier retailers and largest employment nodes - totaling 114,000 jobs within 5 miles. The tailwinds of rising home values and increased employment in North Charlotte have resulted in ideal submarket growth fundamentals. Projections show the submarket realizing 3.3% year-over-year rent growth through 2023, resulting in an average rent increase of $148.

8415 University Station Circle
Charlotte, NC 28269

Type: Conventional

Posted: 2/12/2020

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 181-unit The Heights at Chamblee apartment community located in Chamblee, DeKalb County, Georgia. Five Atlanta suburbs are among the 10 suburban cities in the U.S. with the fastest growth in renters, and on top of that list is Chamblee, whose pool of renters grew by 156% between 2011 and 2016. Built in 1970, The Heights at Chamblee is situated along the prolific I-85 northeastern corridor, and is strategically surrounded by Atlanta's largest employment centers.

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Under LOI

The Heights at Chamblee

181 Units

3028 Chamblee Tucker Road
Atlanta, GA 30341

1207 Kelston Place
Charlotte, NC 28212

Type: Conventional

Posted: 5/27/2020

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the approximately 6-acre Kirkwood/Edgewood development site in eastern Atlanta, DeKalb County, Georgia. This rare and strategically situated plot is highly visible along Memorial Drive in the very desirable Kirkwood/Edgewood neighborhood. The Kirkwood/Edgewood submarket is a thriving and rapidly expanding residential and entertainment district, and represents one of Atlanta’s premier urban investment locations.

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Under Contract

The Kirkwood/Edgewood Development Site

6.04 Acres

1458 Memorial Drive
Atlanta, GA 30317

Type: Land

Posted: 2/14/2017

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit The Lodges on English Station apartment community located in Louisville, Jefferson County, Kentucky. The Lodges on English Station is strategically located at the exchange of two major interstates, offering prime connectivity to the surrounding area. The asset is also surrounded by big-box retail and numerous massive employment centers. The Lodges on English Station offers best-in-class amenities and elegant, high-end interior finishes. The property has experienced an impressive lease-up velocity and has proven the ability to push rents organically. Built in 2018, The Lodges on English Station represents an outstanding opportunity to invest in a top-of-market product with excellent financials in a prime location.

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The Lodges on English Station

288 Units

14500 English Park Circle
Louisville, KY 40299

Posted: 1/27/2020

The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Gulf States Multifamily team, is pleased to present the exclusive listing of The Meridian, a 136-unit, 344-bed, student apartment community located in Tallahassee, Florida. This asset is conveniently located less than a mile to Florida State University, and less than 15 minutes to Florida A&M University. Built in 1989, The Meridian offers an outstanding opportunity to invest in a Power 5 market with the potential for double-digit returns, free and clear of existing debt.

1111 High Road
Tallahassee, FL 32304

Type: Student

Posted: 2/19/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Michael - 159 fully renovated, Class A units in the heart of Historic Downtown Mobile. Downtown has been truly transformed over the last 5 years and will continue to see an influx of jobs, capital, and residents migrating to the urban core. The Michael is a QOZ (qualified opportunity zone) asset with the opportunity to close before final C/O (Certificate of Occupancy). Current ownership has spent over $5.2M for full interior, exterior, and amenity renovations - now offering residents luxury finishes with modernized use of space while maintaining walkability to quality dining, shopping, and entertainment options. The Michael represents the rare opportunity to acquire heavily capitalized, well-located, turn-key asset far below replacement cost.

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The Michael

159 Units

758 St. Michael Street
Mobile, AL 36602

Type: Conventional

Posted: 2/12/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group, is pleased to present the exclusive listings of The Park at Deerfield and The Park at Wakefield & Wellington - 728 units between two well-maintained assets located in the desirable Hoover submarket of Birmingham, Alabama. Hoover is ranked the 3rd best place to live in Alabama (Niche, 2019), boasting a highly ranked school system, affluent demographics and heavy barriers to entry for multifamily. Delivered in 1972 and 1973, both properties present a rare opportunity to invest in cash flowing assets with true value add potential in a high barriers-to-entry submarket. These deals can be purchased individually or as a portfolio.

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Under Contract

Hoover Two Pack (2 properties, 728 units)

The Park at Deerfield

320 Units

3627 Cedarbrook Drive
Hoover, AL 35216

Type: Conventional

Posted: 10/10/2019

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 486-unit The Park at Forestdale apartment community located in Birmingham, AL which has experienced 30,000+ new jobs and $2B+ in capital investments over the past three years. This asset offers the rare opportunity to dominate an entire submarket (85%+ of units) and boasts easy access to top employers including Amazon, UAB, ACIPCO and Shipt. Built in 1968-1987, The Park at Forestdale offers the next investor an outstanding opportunity to acquire a cash-flowing asset with potential value add upside and massive scale in the Birmingham market.

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The Park at Forestdale

486 Units

115 Crabapple Ln
Birmingham, AL 35214

Posted: 8/28/2019

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Hoover Two Pack (2 properties, 728 units)

The Park at Wakefield & Wellington

408 Units

861 Tyler Circle
Hoover, AL 35226

Posted: 10/10/2019

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Residences at Diamond Ridge, a 336-unit apartment community located in Winston-Salem, North Carolina inside of the thriving Piedmont Triangle market, which ranked 7th in the nation for non-major market rent growth in the first quarter of 2020. The property’s strategic location within 10 minutes of the Triad’s most prominent employment and entertainment hubs will benefit from an economic evolution towards innovative fields of technology and medicine which is spurring the nationally recognized growth. Constructed in two phases (1962/1972), The Residences at Diamond Ridge represents a unique, large-scale investment opportunity, which has received over $1.2M in capital investment over the past 18 months and is now primed to realize a 71% increase to NOI through a targeted interior value-add program.

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The Residences at Diamond Ridge

Offers Due: Wednesday, June 10, 2020

336 Units

730 Anson Street
Winston-Salem, NC 27103

Type: Conventional

Posted: 5/12/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Residences at Fayetteville, a 120-unit apartment community located in Fayetteville, North Carolina. The property is surrounded by the region’s prominent thoroughfares, which provide residents convenient access to the plethora of retail in the immediate area, as well as the largest employers in the city, including Fort Bragg. Built in 1969 and renovated in 2019, The Residents at Fayetteville offers an outstanding opportunity to invest in an asset with very little deferred maintenance after a recent $1M+ capital infusion. Furthermore, an extremely successful in-place multi-pronged value-add initiative is underway, presenting upside of a potential 20% boost in annual NOI.

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The Residences at Fayetteville

Offers Due: Tuesday, June 9, 2020

120 Units

600 Ashbrook Court
Fayetteville, NC 28314

Posted: 3/4/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of the 353-unit The Ridge at Hamilton Crossing apartments in Maryville, TN, submarket of the Knoxville MSA. Located adjacent to one of Maryville’s largest retail districts, Hamilton Crossing, The Ridge at Hamilton Crossing’s central location offers unmatched access to both premier retail and local jobs. As the submarket’s newest and only true Class A asset, The Ridge at Hamilton Crossing is poised to benefit from Knoxville’s largest recent employment announcements, its highly underserved and appealing submarket fundamentals, and an opportunity to acquire one of the newest stabilized assets in the area.

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The Ridge at Hamilton Crossing

353 Units

100 Hamilton Drive
Maryville, TN 37801

Type: Conventional

Posted: 10/2/2019

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Premier Secondary Market Portfolio - four well-maintained assets located in the desirable submarkets of New Orleans, LA, Baton Rouge, LA, Johnson City, TN and Augusta, GA. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in premier locations with outstanding demographics, these four assets are poised for powerful growth through value-add strategies and market-backed rental upside.

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Premier Secondary Market Portfolio (4 properties, 1,728 units)

The Saulet

703 Units

1420 Annunciation Street
New Orleans, LA 70130

Type: Conventional

Posted: 2/26/2020

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)

The Timbers

136 Units

2 Timber Court
Lynchburg, VA 24501

Type: Conventional

Posted: 3/27/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of The View of Fort Worth, a 300-unit, Class-A apartment community in rapidly growing Fort Worth, Texas. Completed in 2020, this distinctive river-front asset boasts upscale amenities, market leading finishes, and unrivaled views of downtown. The location offers superb connectivity to all major job centers, retail, entertainment, and all of the amazing amenities that Fort Worth has to offer.

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The View of Fort Worth

Offers Due: Tuesday, June 9, 2020

300 Units

1852 E. Northside Drive
Fort Worth, TX 76106

Type: Conventional

Posted: 5/11/2020

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 134-unit The Vintage apartment community located in Jackson, Hinds County, MS. This asset sits in 2 miles west of Downtown Jackson, just 1.5 miles from Jackson State University and its 8,300+ combined jobs and students. Built in 1965/1967, The Vintage offers an outstanding opportunity to continue organic rent growth with major operational upside potential.

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The Vintage

134 Units

624 Ellis Avenue
Jackson, MS 39209

Posted: 2/12/2020

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present The Whittier, a 19-unit unique waterfront opportunity located at 4035 North Meridian Avenue in Miami Beach. The units average 721 square feet and are currently 100% occupied. The property is owned by an investor out of the country and managed with a third party company. A new owner has the ability to improve the operational performance at the property with more “hands on” management. Comparable properties are renting for $150 per unit higher than in-place rents.

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The Whittier

19 Units

4035 North Meridian Avenue
Miami Beach, FL 33140

Posted: 10/1/2019

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 48-unit Timberlake Townhomes located in Clarksville, Montgomery County, Tennessee. This asset is part of the booming Clarksville MSA, one of the top metros for job growth in Middle Tennessee. Built between 1993 and 1995, Timberlake Townhomes offers an outstanding opportunity to invest in a fully occupied, cash flowing asset with significant upside. The asset’s position just west of Interstate-24 offers residents access to all of Nashville’s major job hubs.

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Timberlake Townhomes

48 Units

270 Timber Court
Clarksville, TN 37043

Type: Conventional

Posted: 10/16/2018

PROPERTIES CAN BE SOLD AS A PORTFOLIO OR INDIVIDUALLY.

Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

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.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)

Tzadik Bay

248 Units

1225 South Beach Street
Daytona Beach, FL 32114

Posted: 5/11/2019