- 8% In-Place Cap Rate. - Great investment opportunity with immediate cash flow, also primed for an owner occupant. - Properties are also available to be purchased individually. Royal Crest Portfolio is an exciting opportunity comprised of 12 units located in the Southwest submarket of Pueblo, CO. The properties offer spacious, townhome style 2-bedroom, 1 ½-bathroom apartment homes with private patios and off-street parking. The properties benefit from its close proximity to several employers including Wal-Mart, Starbucks, Verizon, Discount Tire and various dining & retail. Additionally, the properties are adjacent to nearby parks and suburban neighborhoods such as Kaden C Burger Sports Complex, Pueblo South Football Field & Lehigh Park allow new coming residence to feel right at home. Royal Crest Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Pueblo market. The attractiveness of these assets is magnified by the limited number of performing properties available in this market. Recent Renovations: Roughly 75% of the units at Royal Crest Apartments have undergone recent renovations. Updates include new LVP flooring and fresh paint throughout. Several units have received new bathroom vanities, tile tub surrounds and updated lighting. These improvements not only increase rental rates and tenant satisfaction but also contribute to the property’s longterm value. Turn-key Investment: Current management has positioned these properties with great in-place rents, immediate cash flow and predictable returns. Tenants are responsible for all utilities including water, sewer and trash affording the owner net-zero utility expense. Investors have the opportunity to take advantage of current management offering to stay in-place for a highly competitive fee of 5%.

Contact CW Team for NDA and Additional Information Demogrpahics Avg. Income 1-Mile - $137,000 Avg. Home Value 1-Mile $420,000 Traffic Counts I64 - 160,000 VPD I170 - 94,000 VPD Brentwood Blvd. - 33,000 VPD

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Salem Terrace apartment community located along the I-20 manufacturing corridor in Covington, Newton County, Georgia. This asset sits within a well-performing multifamily submarket, which as demonstrated excellent rent and occupancy trends during the past decade. Built in 1977, Salem Terrace arrives to market with ample rent upside and a proven value-add initiative in place.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 31.02 acres positioned along Texas State Highway 123 in rapidly growing San Marcos. The offering consists of a shovel-ready multifamily parcel programmed for 288 units and a single-family parcel conceptually designed for 54 lots. The site's location provides tenants with immediate access to many employment centers, restaurants, retailers, schools, and natural amenities that provide a superior quality of life for future tenants and home owners. The investment opportunity is further heightened by positive submarket fundamentals, the result of the continued influx of capital and residents to the greater San Marcos area, that will bring significant returns for investors over the coming years.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 124-unit Sedgefield Square apartment community located in Greensboro, NC. This asset is situated in South Greensboro in the main retail hotspot, just minutes away from Wendover Place and other high-end destinations, as well as in close proximity to the recently completed 840 urban loop providing access to the MSA’s top employers. Built in 1987 and minimally renovated, Sedgefield Square is a quality asset that offers incoming investors significant growth opportunity through both organic rent growth and value-add potential. After completion of an interior renovation program, investors can grow effective rents by $159+ and increase annual revenue by 30%+.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is delighted to introduce the exclusive listing of Signal Hill, a 122-unit community situated in Statesville, NC. This property enjoys immediate access to both interstate I-77 and I-40, positioning it strategically amidst three thriving economic centers: Charlotte, Winston Salem, and Greensboro. Nestled within the Mooresville/Statesville submarket, Signal Hill provides convenient proximity to major retailers, an emerging historic Downtown area, and upcoming economic development. Built in 1974, Signal Hill arrives to the market primed for new ownership to implement an attractive value-add campaign. With $150+ rental premiums, the property possesses the potential for organic growth and an additional 16% increase in Net Rental Income over the T12.

Skyline Towers is a 60-unit, boutique elevator multifamily property located in one of the fastest growing submarkets in the Midwest. Offering large floorplans and underground parking, Skyline Towers is positioned to capture demand from modern renters looking for homelike living with the convenience of renting.

Skyline Towers was developed in 2017, delivering an unmatched product in the rental market. The property is now positioned for more operationally focused ownership, taking advantage of unrealized supplemental income while continuing to ride the wave of outsized rent growth in the Kenosha submarket.

Capture Operational Upside

Improve operations by capturing nearly $50,000 of additional annual income by charging market standard fees for parking and storage.

Booming Kenosha Job Market

Over 8,000 jobs added since 2010 through major corporations such as Amazon, Uline, Kroger, Haribo, and Nexus. There is another 4.5 MSF of industrial development projected to bring 1,000 more jobs to the area.

Assumable Debt with Term

The acquisition of Skyline Towers offers attractive assumable agency debt at 4.79% maturing in September 2030. The current loan balance is in line with today’s market loan to value.

Fundamentals Poised for Strong Rent Growth

Area home values have increased 11.2% in the past year averaging $447,500, making homeownership even less attainable in today’s rising interest rate environment. Skyline Tower’s average rent is only 18.5% the average area income of $101,437. With only 133 units under construction in the submarket, the asset its poised for outsized rent growth.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Skyview Commons apartments located in Jeffersontown, Jefferson County, KY. This community encompasses eight buildings that are dispersed across three property addresses, all within a 1.3 mile radius. Just 15 minutes from the heart of Louisville, Skyview Commons is strategically located near primary arteries, providing quick access to major employers including GE Appliance Park, UPS Worldport and Ford Assembly Plants. Additionally, the property lies adjacent to two major industrial parks, Bluegrass Commerce Park and Blankenbaker Station Business Park. The average household income of Jeffersontown is $98K, which demonstrates the affluence of the area as well as ample high-paying employment opportunities and white-collar jobs.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 247-unit Soncel at the Lakes apartment community located in Kingsland, Camden County, Georgia. This asset is situated in the strategically-located I-95 corridor, within driving distance of the ports of Brunswick, Jacksonville, and Savannah as well as having rail access throughout the County. Built in 1990 through 2018, Soncel at the Lakes represents an outstanding opportunity to invest in a proven value-add property seeing $200+ rent premiums with the ability to usher in an additional ~$400 premiums by bringing renovations up to market comparables. Residents of Soncel at the Lakes benefit from close proximity to one of the area's major employers (SE Georgia Health Systems - Camden Campus, 2,200 jobs), top Camden County schools, and ease of travel to Jacksonville, Florida's robust job economy (830K workforce pool).

Cushman & Wakefield is thrilled to present the Springs Multifamily Portfolio, a highly attractive multifamily portfolio in Colorado Springs. This exceptional investment opportunity consists of 37 units spread across 9 multifamily assets, offering investors a chance to acquire a deal of size within the Springs market. The Springs Multifamily Portfolio presents an opportunity for investors to diversify their portfolio with assets in three different submarkets within Colorado Springs. The areas covered are the Sage properties on the desirable westside of the Springs, Scott Lane and Westmoreland properties on the north side near UCCS and the thriving eastside with the Bonnie Court properties. This value-add portfolio boasts a strong unit mix of mostly two-bedroom units and gives investors the opportunity to implement their value add strategy and bump current rates to market with minimal capital injection. Cushman & Wakefield is pleased to present this highly sought-after opportunity and welcomes interested investors to explore the Springs Multifamily Portfolio in further detail.

Limited Capex Needed: The Springs Multifamily Portfolio has a strong maintenance history, with three new roofs installed in the last year and significant unit upgrades have been undertaken, improving the overall quality, and attracting higher-quality tenants. Approximately half of the exteriors have also been newly painted, enhancing the visual appeal of the properties.

Submarket Fundamentals and Demand Drivers: Colorado Springs boasts robust submarket fundamentals and strong demand drivers in the multifamily sector. The western submarket offers residents convenient access to the Downtown, I-25, Garden of the Gods, and a diverse range of new retail developments. These factors contribute to high tenant demand, rentability and versatility within the market.

Prime Locations: The properties within the Springs Multifamily Portfolio offers residents a desirable combination of convenience and amenities, with easy access to key transportation routes and popular attractions. The proximity to retail, I-25, UCCS, Garden of the Gods ensures residents have access to a wide range of shopping, dining, and entertainment options.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Square9, a mixed-use asset with 325-units of multifamily, and 16,950 SF of retail, built between 2009 and 2014 in rapidly-growing Denton, Texas. Square9 is located within Denton, Texas, a city situated at the far-north edge of the Dallas/Fort Worth metroplex near the junction of I-35 East, I-35 West, and Highway 380. This attractive asset is primely positioned in a supply constrained micro market proximate to prominent employers, exceptional public infrastructure, top-notch schools, the Denton Square, and enormous retail epicenters. The property is a direct beneficiary of Denton’s exceptional tailwinds which consist of notable achievements such as 15.8% population growth and 19.7% employment growth since 2017. The aforementioned growth has attracted even more investment to the area, with 780,000 SF of retail space and 5.3 MM SF of industrial space adding a bevy of new jobs to the area over the coming months. In addition to Square9’s irreplaceable location and alluring submarket fundamentals, the asset offers investors the opportunity to acquire an attractive, cash-flowing property with value-add potential on 25% of the units.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 188-unit Stewart’s Mill apartment community located in Douglasville, Douglas County, Georgia. This asset is situated in the desirable I-20 West pocket, flush with strong economic drivers, and is less than one mile southwest of Arbor Place Mall, and just nine miles west of the Fulton Industrial Blvd.’s thriving industrial employment base. Built in 1988, Stewart’s Mill offers an outstanding opportunity to invest in an ideal value-add program achieving average premiums of $167+.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive offering of the 260-unit Stonegate apartment community located in Birmingham, Jefferson County, AL with below market assumable debt. This asset is situated in the expanding Oxmoor Valley economic corridor, just north of the $60M Renaissance at Ross Bridge Luxury Resort. The property offers residents convenient access to Samford University (5,700+ Students), the University of Alabama at Birmingham (UAB) and its combined 45K+ combined jobs and students, and the top Hospitals and employment drivers in the MSA. Stonegate also presents the opportunity to assume attractive, in-place financing, with rates well-below current market availability. Built in 2008, Stonegate offers an outstanding opportunity to invest in a high performing asset, while also capitalizing on a proven value-add campaign.

2007-BUILT <$170K/UNIT | 4.3% FIXED RATE ASSUMABLE LOAN

Summit Pointe presents the opportunity to acquire an exceptional 2007-built property at an attractive basis of less than $170K per unit within an affluent, high-growth immediate area. The appealing existing loan can be assumed at a low 4.3% fixed interest rate with the interest only period still remaining and the potential for a supplemental loan for a blended rate of 5.02%.

IDEAL OPPORTUNITY TO GROW REVENUE

By upgrading 234 units to a luxury-grade finish level and introducing popular amenities, Summit Pointe’s position among its competition could be elevated to top-of-the-market. Doing so could increase market rents by $211/unit, on average, equating to over $648,000 in additional annual income. Additionally, R&M expenses could be lowered by purchasing washer/dryer machines the property is currently leasing.

EXCEPTIONAL FINANCIAL PERFORMANCE

Investors have the opportunity to inherit impressive operations, including historically strong occupancy and 5.6%+ lease tradeout over the last three months. Additionally, total revenue growth was 10.7% for 2022.

DISTINCTIVE PROPERTY WITH POPULAR UNIT FEATURES

This low-density property offers lush landscaping, two large scenic lakes, attractive exterior architecture and all exterior private entries. The meticulously designed units offer spacious floor plans, full size washer/dryer connections, plenty of storage space, 9’ ceilings, elegant crown molding in living rooms, six-panel doors, and the added bonus of both front and back balconies or patios in most units.

FLOURISHING GREENWOOD: FAST-GROWING & AFFLUENT

The property is within the city of Greenwood (Johnson County—4th fastest growing in the state), a sought-after affluent south suburb of Indianapolis with a wealth of employment options. Summit Pointe’s immediate area enjoys impressive demographics such as 65% population growth and an average household income of $111K. Greenwood is known for well-performing schools and is proximate to downtown Indianapolis, offering additional employment and top-notch amenities.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire The Alexandra, a former luxury hotel primed for redevelopment in Boston’s thriving South End neighborhood. The Alexandra is a once in a lifetime opportunity to develop a legacy project that will bring notoriety to the developer. It is a piece of Boston’s history and is highly anticipated by the neighborhood. The property is situated on a prominent, highly trafficked street corner and features Ruskinian Neogothic style with a richly patterned sandstone façade, strong window lines. The Boston Planning & Development Agency (BPDA) and South End Landmarks District Commission has approved the redevelopment of The Alexandra from a five-story building to a thirteen story, 70-unit condominium project with a gym, bike storage, rooftop terrace with adjoining amenity room and ground floor retail.

The Alexandra offers over 83,865 SF of redevelopment potential and is strategically located on the corner of two major Boston roadways Washington Street and Massachusetts Avenue. The property is within minutes to some of the city’s top dining destinations including Toro, Flour Bakery & Café, and Barcelona Wine Bar. Additionally, local neighborhood amenities are in close proximity by foot or public transportation, including Whole Foods, Starbucks, and boutique shopping & fitness destinations.

Process & Pricing

The Alexandra is offered on an "as-is" basis and without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a "Call for Offers".