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 Brookside
343 Units
3997 Rosewood Way
Orlando, FL  32808
Type: Conventional
Posted: 5/11/2019
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 Millennium
200 Units
4255 Barwood Drive
Orlando, FL  32839
Posted: 5/11/2019
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.

...
Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Park
119 Units
1049 Brentwood Drive
Daytona Beach, FL
Type: Conventional
Posted: 5/11/2019
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.

...
Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Ridge
232 Units
2050 South Ridgewood Avenue
South Daytona, FL  32119
Posted: 5/11/2019
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.

...
Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Rose
100 Units
200 Robert Street
New Smyrna Beach, FL
Type: Conventional
Posted: 5/11/2019

The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of Union Green, a 172-unit, 2019-built apartment community located in high growth and affluent Brownsburg, IN.

Union Green is a brand new, Class A mixed-use apartment community located in one of Indiana’s hottest and most affluent submarkets. Hendricks County is among the country’s fastest-growing and offers residents an exceptionally high quality of life. Union Green is part of a recent $80M+ development corridor in downtown Brownsburg including residential, office (+co-working) and retail in a newly minted walkable, urban setting. Amenities at Union Green are best in class, with no equal among the submarket competition.

Rush on Main (Chicago-Inspired Eatery) occupies the approximately 3,908sf of the +/-14,000sf of retail. With a high level of interest from the retail community, lease-up of the remaining space is imminent.

Click below for Virtual Tours:

Model

Prospect A

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Coming Soon
Union Green
172 Units
SR 267
Brownsburg, IN  46112
Posted: 4/23/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 500-unit University Oaks apartment community located in Athens, Clarke County, Georgia. This asset is situated in the highly sought-after area of West Athens, characterized by its easy access to premier retail (Fresh Market, Chick-fil-a, Starbucks and Target) as well as Downtown. Centrally located within 5 minutes of Athens’ core economic drivers providing access to nearly 15k jobs; including University of Georgia, St. Mary’s Healthcare, and Piedmont Athens Regional Hospital. Built in 1965, University Oaks represents an outstanding opportunity to invest in a proven value-add asset located in one of the state’s most fundamentally desirable markets.
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University Oaks
500 Units
2360 West Broad Street
Athens, GA  30606
Type: Conventional
Posted: 3/10/2020
Cushman & Wakefield, as exclusive agent, presents the Uptown Land Development Site on the west side of 4450 N Clarendon in Chicago’s Uptown neighborhood for acquisition consideration. This site offers the opportunity to acquire a fully entitled 31,608 square feet land parcel in a rapidly changing northside neighborhood. At the epicenter of a neighborhood known for history, culture and business, this opportunity allows a developer to quickly build a project that meets the housing demands of the neighborhood. Additionally, the Uptown Land Development Site offers the potential for 250 apartments.
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Uptown Land Development Site
   
4450 N Clarendon Ave
Chicago, IL  60640
Type: Land
Posted: 12/3/2019
Cushman & Wakefield is pleased to present Urban Green Apartments, a 352 unit Class A apartment community in Urbana - Frederick, MD’s most exclusive rental market. The Property’s location proximate to the region’s most trafficked accessways, I-270 and I-70, provides direct connectivity to the largest economic engines in the greater Washington, DC MSA. Convenient access to tremendous employment in Urbana, Frederick, the I-270 Technology Corridor and Northern Virginia is creating sustained demand from an affluent renter base. Additionally, the Frederick County Public School System creates a significant draw for younger renters who are looking for the unique combination of a top-tier education system at a relatively affordable cost of living. This increased demand is creating strong apartment market fundamentals with effective rent growth in the submarket of 3.75% YoY in Q4 2019 and vacancy of just 3.94%. Urban Green’s exclusivity in the submarket and premier school district are driving the Property to grow Gross Potential Rent 4.34% over the year which is significantly outperforming the greater market. Property operations at Urban Green will remain strong moving forward due to a severely supply constrained development pipeline and projected annual effective rent growth of 3.08% in the Frederick submarket from 2020 to 2024.
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On Hold
Urban Green
352 Units
3300 Galena Drive
Frederick, MD  21704
Type: Conventional
Posted: 1/6/2020
The Cushman & Wakefield Student Housing Group, in conjunction with the Carolinas Multifamily Team, is pleased to present the exclusive listing of Crawford Edge and Varsity Club, a combined 35-unit, 125-bed student housing portfolio located in Clemson, South Carolina. Located less than a mile from Clemson University, this two-property portfolio offers direct access into campus and is situated between two major southeast metros, Greenville, SC and Atlanta, GA. Built in 2015 and 2016, Crawford Edge and Varsity Club offer an investor the opportunity to realize organic rent growth with immediate cash flows and strong year-over-year returns.
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Under Contract
Clemson Portfolio (2 properties, 35 units)
Varsity Club
15 Units | 45 Beds
112 Summey Street
Clemson, SC  29631
Type: Student
Posted: 11/27/2019

Veranda @ Speedway opened in June 2019 with the highest finishes in the submarket. With only highly sought-after studio and 1 bedroom floorplans and average rents below most competitors in the submarket. The property was fully occupied the day after the last building was completed, proving that the rents are well below market.

The property is within walking distance to a large shopping center providing lots of employment nearby as well as making the property a "walk-to" location for restaurants, bars, grocery, and other retail. The Indianapolis Motor Speedway is less than 2 miles away, which hosts the world’s largest sporting event, Indy 500, every year. The average income in a 1 mile radius is $54k, which is more than 6x the average market rent at Veranda. Also, within a 1 mile radius over 66% of housing is occupied by renters. This is likely due to the lack of housing options and high housing costs near the Indianapolis Motor Speedway.

The property is currently 96% occupied, allowing a new owner to come in and benefit from a high yield day one. The current owners invested over $140k in a completely new parking lot, new roofs, new windows, and painted siding. The units were completely gutted less than one year ago, with all new finishes, appliances, HVAC and plumbing. A new owner would not incur any major capital expenses for the near future.

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Veranda at Speedway
53 Units
6038 W 25th Street
Indianapolis, IN  46224
Type: Conventional
Posted: 4/1/2020

Cushman & Wakefield, as exclusive advisor, is please to present the Victoria Park Townhome development site. The 40,500 square foot site is located ½ block south of Sunrise Boulevard in the highly desirable Victoria Park neighborhood of Ft Lauderdale. The site has preliminary drawings for an 18-townhome development totaling 45,840 sellable square feet or 2,547 sellable square feet per townhome. The zoning is RMM-25 which allows for residential multifamily midrise development of no more than 35 feet high. The max density is 25 units per acre- hence 23 units are allowable. The proposed townhomes feature 3 stories with elevators for an average townhome size of 2,547 SF.

The site currently has four duplexes, One Single Family Residence, and One Triplex that generate $172,000 in yearly gross income and $78,000 in expenses providing $94,000 in net operating income. The last lease expires January 2020.

Utilities and Services: all necessary utilities and public services including water, sewer, electricity and telephone are available in adequate capacity to support development on the site.

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Victoria Park Townhomes Development Site
   
917 NE 21 Terrace
Fort Lauderdale, FL  33301
Type: Land
Posted: 2/11/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Villa Glen and Heritage Place, a 244-unit portfolio located in Birmingham, AL and Meridian, MS. Birmingham is an economic powerhouse and has experienced 30,000+ new jobs and $2B+ in capital investments over the past 3 years. Both assets are situated near the growing I-20/I-59 Corridor, two of the Southeast’s most travelled interstates. Built between 1968-2000, Villa Glen and Heritage Place represent an outstanding opportunity to invest in a cash-flowing portfolio with value add upside.
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Villa Glen & Heritage Place (2 properties, 244 units)
Villa Glen
116 Units
900 Division Street
Bessemer, AL  35020
Posted: 3/2/2020

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
Villa Teresa
38 Units
601-607 NE 29th Drive
Wilton Manors, FL  33334
Type: Conventional
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Villa Teresa, a 38-unit property located at 601-607 NE 29th Drive in Wilton Manors. The property has shown strong historical occupancies with below market rents. There is significant rental upside by increasing the rents on the units 13 out of 38 units are on month-to-month leases with low rents with rent comps strongly supporting rent growth of $170+ per month. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1973 and has its 40 year certification. The property is waterfront and includes 73 parking spaces. The units average 660 square feet with 12 one-bedrooms and 26 two-bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
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Villa Teresa
38 Units
601-607 NE 29th Drive
Wilton Manors, FL  33334
Type: Conventional
Posted: 1/31/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit apartment community located in Cordova, Tennessee. This asset is situated in rapidly-expanding Shelby County, approximately 30 minutes from Downtown Memphis. Built in 2003, Villas At Cordova offers an outstanding opportunity to invest in this premier asset, with legitimate value add potential.
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Villas at Cordova
256 Units
8546 Prestine Loop
Cordova, TN  38018
Type: Conventional
Posted: 1/17/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 36-unit, 144-bed Villas on 8 apartment community located in Fort Valley, Peach, Georgia. Built in 1999, Villas on 8 represents an outstanding opportunity to invest in a well located, highly-visible, asset in an underserved student housing market where competition is limited.
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Villas on 8
36 Units | 144 Beds
820 State University Drive
Fort Valley, GA  31030
Type: Student
Posted: 10/4/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 106-unit Vinings Apartments community located in northwest suburban Atlanta, Smyrna, Georgia. This asset has high accessibility off I-285 and the East-West Connector, and is located less than 4 miles southwest of the prolific Platinum Triangle, as well as transformational new developments in Cobb County including the new Atlanta Braves stadium and Smyrna/Vinings mixed-use, upscale retail centers. Built in 1985, the timing is right to begin an updated round of upgrades to further boost property performance in an affluent submarket with consistently high demand.
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Vinings Apartments
106 Units
4098 South Cobb Drive
Smyrna, GA  30080
Type: Conventional
Posted: 1/29/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 104-unit Vintage Creek apartment community located in Augusta, Richmond County, Georgia. This asset is situated in west Augusta, close to major retail and restaurant corridors. Built in 1972, Vintage Creek represents an outstanding opportunity to invest in a nearly untouched asset that is primed for renovation. Its central location gives Vintage Creek immediate access to over 50K Downtown employment opportunities and 25K Fort Gordon jobs.
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Vintage Creek
104 Units
1924 North Leg Road
Augusta, GA  30909
Type: Conventional
Posted: 3/11/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group and Meybohm Commercial are pleased to present the exclusive listing of the Walnut Village Multifamily Land parcel located in North Augusta, Aiken County, South Carolina. This parcel in the expanding North Augusta submarket offers excellent fundamentals, limited Class A competition in the area, and an unmatched location at the crossroads of two major arterial highways, I-20 and I-520. This 18.7-acre parcel with maximum density of 24 units per acre represents an outstanding opportunity to develop in a future multifamily asset that will benefit from its inclusion in a master plan that will include a hotel, urgent care center, top-of-market townhomes, and brand new retail and restaurant offerings.
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Walnut Village Land
236 Units
Austin Graybill Road / Edgefield Road
North Augusta, SC
Type: Conventional
Posted: 5/22/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 392-unit four-property Atlanta Stabilization Portfolio in Fulton and DeKalb Counties, Atlanta, Georgia. Sierra Ridge, Winston Manor, Washington Arms, and Roosevelt Townhomes are located in west, east and south metropolitan Atlanta, and proximate to thriving employment centers and the metro’s largest industrial market with more than 266.5M SF of industrial space. This portfolio offers a rare opportunity to invest in vacant assets which can be fully revitalized and repositioned for favorable future returns.
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Under LOI
Atlanta Stabilization Portfolio (4 properties, 392 units)
Washington Arms
40 Units
3030-3038 Washington Road
East Point, GA  30344
Posted: 3/26/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Watermark at Bridge Street Town Centre, a Thompson Thrift Company. The property offers 244 Class A+ units located in the rapidly expanding city of Huntsville, AL. Huntsville, arguably one of the hottest economic metros in the U.S., has added 12K+ jobs & $5B of capital investments since 2018. Embedded within the Bridge Street Town Centre development, the subject offers walkability to 550K+ SF of Class "A" retail & office space. The asset is adjacent to Cummings Research Park, the 4th largest research park in the world, which is home to 300+ companies & 27K+ jobs. Delivered in March 2019, Watermark is the pinnacle of new residential design, featuring designer finishes & state-of-the-art amenities. The asset has proven out excellent lease-up velocity & is primed to capture substantial organic rent growth through second-generation leasing. The subject’s quality construction, retail walkability, and connectivity to massive job cores will position future ownership to achieve profitable upward momentum.
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Under Contract
Watermark at Bridge Street
244 Units
6854 Governors West NW
Huntsville, AL  35806
Posted: 3/3/2020
Cushman & Wakefield is pleased to offer 77+ gross acres zoned to permit up to 400 townhomes and 106,000+ square feet of service-ready/commercial uses. Part of the state-of-the-art Connected City master planned community, the property is immediately adjacent to Epperson, a rapidly expanding residential development best known for its 7-acre crystal lagoon and desirable, single family communities.
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Wesley Chapel Land
   
North side of Elam Road
Wesley Chapel, FL  33545
Type: Land
Posted: 2/25/2020
Cushman & Wakefield has been retained by Windflower Properties ("Sponsor") to offer for capitalization Windflower 2 at Union City ("Windflower 2" or the "Property").

Windflower 2 at Union City is an entitled 504 unit, 100% market rate multifamily development expected to break ground in 2020. The Property is currently a ±3.5 acre parking lot situated in Union City’s Station District, a master planned neighborhood with instant access to the Union City BART station transit hub. Windflower Properties is the master residential developer for the Station District and plans to build a luxury LEED Gold multifamily community that will offer the premier apartment living experience in the submarket.

With a centralized San Francisco Bay Area location and unrivaled transportation infrastructure, the site benefits from seamless connectivity to downtown San Francisco and the heart of Silicon Valley. Union City’s strategic access to the most innovative companies in the world has positioned it as one of the region’s top income growth submarkets. Median household incomes in Union City are forecasted to grow 14% by 2024, to $125,207 annually; while the number of local households with annual incomes greater than $150,000 is expected to grow 26% during this same time. As a fully amenitized community located adjacent to the Union City BART station transit hub, the Property will offer the high end, transit-oriented living experience critical to attracting the region’s most affluent tenants.
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Windflower Block 2
3.52 Acres
34302 11th Street
Union City, CA  94587
Type: Land
Posted: 9/20/2019