The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Residences at Diamond Ridge (336 units) and The Residences at 1805 (200 units) apartment communities located in the thriving Piedmont Triad, which ranked 4th in the nation for non-major market rent growth in the second quarter of 2019. Both properties enjoy excellent proximity to the largest employment hubs across the Triad, as The Residences at Diamond Ridge is bordering downtown Winston-Salem (27,000+ jobs), and The Residences at 1805 is only a short drive from the Piedmont Triad International Airport area (26,000+ jobs) in Greensboro. After receiving a combined capital infusion of nearly $2 million over the past 18 months, both assets are primed to complete targeted interior value-add programs that would see rental premiums of $100-150, resulting in an annual NOI boost of up to 86%.
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Triad Value-Add Portfolio (2 properties, 536 units)
The Residences at Diamond Ridge
Offers Due:  Tuesday, December 10, 2019
336 Units
730 Anson Street
Winston-Salem, NC  27103
Type: Conventional
Posted: 10/24/2019
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
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Rushmore, a 117-unit Class AA apartment community currently under construction in one of Washington, DC’s most iconic neighborhoods. The Property is expected to be completed in the Winter of 2019 and is being offered as a presale opportunity. The Rushmore will be best-in-class with unobstructed views of the United States Capitol Building and condo quality interior finishes and amenities. The Property is positioned in Capitol Hill, one of the District’s most sought after neighborhoods within walking distance to the Eastern Market and Potomac Avenue Metro stations as well as significant retail and entertainment destinations in Barracks Row. The Property’s exceptional location and asset quality presents investors with a rare opportunity to acquire a newly constructed, vacant, Class AA apartment community in one of the District’s most highly desirable neighborhoods.
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The Rushmore
117 Units
1220 Pennsylvania Avenue SE
Washington, DC  20003
Posted: 7/17/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present The Seneca Apartments, a truly unique value-add opportunity in Chicago’s Gold Coast. Originally built in 1924 as a luxury hotel to service Chicago’s wealthiest tourists, the building was converted into apartments in 2012 to include studio, one- and two-bedroom apartments with generous amenities and powerful first floor retail tenants.
The Gold Coast continues to be the premier neighborhood in Chicago. With access to world renown universities, leading medical facilities and luxury lifestyles, The Seneca is perfectly located between John Hancock tower and Lake Michigan beaches while still providing easy access to Chicago’s Loop and millions of square feet of booming office space. Chicago’s Gold Coast continues to be a destination for new Chicagoans from around the world as they relocate to a neighborhood of mature trees, beautiful views, exceptional shopping and steps from the Magnificent Mile.
  • Unmatched demographics
  • Strong, resilient rental market
  • Limited development pipeline
  • Irreplaceable downtown location


For access to confidential documents, please register at: theseneca-cushman.com
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Under LOI
The Seneca Apartments
268 Units
200 E Chestnut St,
Chicago, IL  60611
Type: Conventional
Posted: 6/26/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of The Sound at Navarre Beach, 250 units located in the heart of Navarre, FL. Strategically positioned along US Highway 98 with excellent visibility, the asset benefits from heavy thoroughfare traffic sourced by neighboring cities of Pensacola, Destin and Fort Walton Beach. The community is within minutes of the beach, ranked #12 on TripAdvisor’s Top Beaches in the country, and maintains close proximity to quality shopping, dining and entertainment options. Delivered to market in 2016, The Sound at Navarre Beach is the only luxury apartment community in Navarre, FL, offering residents "beach-style" living with a luxurious amenity footprint. Arriving to market with excellent organic rent growth and cash flow trajectory, The Sound at Navarre Beach will provide profitable upward momentum for the next investor.
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The Sound at Navarre Beach
250 Units
7381 Navarre Parkway
Navarre, FL  32566
Type: Conventional
Posted: 9/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Trails at Cahaba River - 400 units located in Birmingham, AL. This asset is desirably situated along the thriving US-280 Corridor, one of the metro’s high growth areas with nearly 10M SF of top-tier retail and office space. Embedded near quality employment opportunities and upscale amenities, the community attracts a high quality resident profile. Current ownership has invested over $6.6M in interior, exterior, and community amenity upgrades - creating in-place organic rent growth and space for the next investor to initiate next-level upgrades. Built in 1987/1988, The Trails at Cahaba River offers the investor an outstanding opportunity to acquire a cash-flowing asset with proven value add upside far below replacement cost.
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Under Contract
The Trails at Cahaba River
400 Units
801 Cahaba Forest Cove
Birmingham, AL  35242
Type: Conventional
Posted: 7/10/2019
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 Student Housing Capital Markets Group, in conjunction with the Georgia Multifamily Advisory Group, is pleased to present the exclusive listing of Timbercrest, a 240-unit, 792-bed, student housing community located in Carrollton, Georgia. This 2006 purpose-built asset is located less than a mile to the University of West Georgia. This opportunity offer investors the opportunity to acquire a quality asset close to campus at an extremely attractive basis below replacement costs.
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Timbercrest
240 Units | 792 Beds
316 Columbia Drive
Carrollton, GA  30117
Type: Student
Posted: 8/26/2019
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
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 215-unit, Trailside at Reedy Point apartment community located in Greenville, SC. Embedded in one of the most vibrant and walkable areas of Downtown Greenville, Trailside at Reedy Point sits in close proximity to top employment centers, poised to capitalize on the large investments that have helped revitalize the downtown area. With rapid job expansion, employment growth of 14% since 2013, and one of the leading jobs-to-class A supply ratios in the Southeast, Trailside at Reedy Point is poised to capitalize on Greenville’s already impressive 27% rent growth since 2012.
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Under Contract
Trailside at Reedy Point
215 Units
200 South Academy Street
Greenville, SC  29601
Type: Conventional
Posted: 7/16/2019
PROPERTIES CAN BE SOLD AS A WHOLE PORTFOLIO OR NOW AS A PARTIAL PORTFOLIO WITH ANY COMBINATION AS NOTED BELOW:

- Tzadik Bay, Tzadik Ridge, Tzadik Millennium and Tzadik Brookside, all 4 properties must be sold together

- Tzadik Rose and Tzadik Park, available individually or together

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

The Cushman & Wakefield Southeast Multifamily Advisory 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 Portfolio is being offered on a market bid basis, free and clear of debt. All six properties can be sold together in one transaction or as a sub-portfolio as noted above.

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Under Contract
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
PROPERTIES CAN BE SOLD AS A WHOLE PORTFOLIO OR NOW AS A PARTIAL PORTFOLIO WITH ANY COMBINATION AS NOTED BELOW:

- Tzadik Bay, Tzadik Ridge, Tzadik Millennium and Tzadik Brookside, all 4 properties must be sold together

- Tzadik Rose and Tzadik Park, available individually or together

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

The Cushman & Wakefield Southeast Multifamily Advisory 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 Portfolio is being offered on a market bid basis, free and clear of debt. All six properties can be sold together in one transaction or as a sub-portfolio as noted above.

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Under Contract
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 WHOLE PORTFOLIO OR NOW AS A PARTIAL PORTFOLIO WITH ANY COMBINATION AS NOTED BELOW:

- Tzadik Bay, Tzadik Ridge, Tzadik Millennium and Tzadik Brookside, all 4 properties must be sold together

- Tzadik Rose and Tzadik Park, available individually or together

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

The Cushman & Wakefield Southeast Multifamily Advisory 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 Portfolio is being offered on a market bid basis, free and clear of debt. All six properties can be sold together in one transaction or as a sub-portfolio as noted above.

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Under Contract
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 WHOLE PORTFOLIO OR NOW AS A PARTIAL PORTFOLIO WITH ANY COMBINATION AS NOTED BELOW:

- Tzadik Bay, Tzadik Ridge, Tzadik Millennium and Tzadik Brookside, all 4 properties must be sold together

- Tzadik Rose and Tzadik Park, available individually or together

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

The Cushman & Wakefield Southeast Multifamily Advisory 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 Portfolio is being offered on a market bid basis, free and clear of debt. All six properties can be sold together in one transaction or as a sub-portfolio as noted above.

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Under Contract
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 WHOLE PORTFOLIO OR NOW AS A PARTIAL PORTFOLIO WITH ANY COMBINATION AS NOTED BELOW:

- Tzadik Bay, Tzadik Ridge, Tzadik Millennium and Tzadik Brookside, all 4 properties must be sold together

- Tzadik Rose and Tzadik Park, available individually or together

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

The Cushman & Wakefield Southeast Multifamily Advisory 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 Portfolio is being offered on a market bid basis, free and clear of debt. All six properties can be sold together in one transaction or as a sub-portfolio as noted above.

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Under Contract
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 WHOLE PORTFOLIO OR NOW AS A PARTIAL PORTFOLIO WITH ANY COMBINATION AS NOTED BELOW:

- Tzadik Bay, Tzadik Ridge, Tzadik Millennium and Tzadik Brookside, all 4 properties must be sold together

- Tzadik Rose and Tzadik Park, available individually or together

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

The Cushman & Wakefield Southeast Multifamily Advisory 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 Portfolio is being offered on a market bid basis, free and clear of debt. All six properties can be sold together in one transaction or as a sub-portfolio as noted above.

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Under Contract
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
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
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit, Vantage at Wildewood apartment community. Delivered in 1998, Vantage at Wildewood is located in the heart of Richland County’s Northeastern path of growth. Residents enjoy seamless access to the premier retail and employment in an area defined by an exceptional demographic base, including an average HHI of over $94,000 within a three-mile radius. Bolstered by large floor plans, substantial interior renovations completed throughout 2012-2013, and outstanding amenities, the property is poised to bridge a significant rental delta in effective rents with market competitors through a market-supported Class-A renovation initiative to capture $150 premiums.
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Vantage at Wildewood
Offers Due:  Tuesday, December 3, 2019
264 Units
811 Mallet Hill Road
Columbia, SC  29223
Type: Conventional
Posted: 10/29/2019
Two Class "A" properties located in a strong Power 5 market.
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Clemson Portfolio (2 properties, 35 units)
Varsity Club
15 Units | 45 Beds
112 Summey Street
Clemson, SC  29631
Type: Student
Posted: 11/27/2019

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
0.93 Acres
917 NE 21 Terrace
Fort Lauderdale, FL  33301
Type: Land
Posted: 2/11/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present the City Center Portfolio, a 500-unit, four property portfolio located in Newport News, Virginia. The Properties - Kingstowne (1974 & 1985), Boston Cove (2008), Forrest Court (1971), and Victoria Place (1985) - exhibit strong value-add fundamentals with in-unit renovations which can generate significant rent increases, proven out within the broader submarket. A substantial amount of capital has been invested in the Properties that limits downside risk associated with deferred maintenance and will allow a new investor to focus on income generating renovations. Additionally, the Portfolio is being offered at a price significantly below replacement cost, providing investors with an incredibly attractive acquisition basis relative to newly constructed Class A properties. The Properties are strategically located around Newport News’ premier mixed-use development, City Center at Oyster Point, and have immediate access to I-64 only minutes away. The City Center Portfolio is a rare opportunity to combine irreplaceable Newport News locations and immediate scale with additional upside in the vastly expanding Hampton Roads market.
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Under LOI
Newport News City Center Portfolio (4 properties, 500 units)
Victoria Place
36 Units
831 Forrest Drive
Newport News, VA  23606
Posted: 7/8/2019

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
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 95-unit apartment community located in Spartanburg, SC. Embedded just outside of downtown Spartanburg in one of city’s most popular neighborhoods, Village at Willow Lakes sits near the top employment centers in the Upstate area where large investments have continually been made to expand and strengthen the Upstate job market. With affluent demographics boasting $90,000 average HHI and 66% white-collar employment within a 1-Mile radius, Village at Willow Lakes offers the chance to boost NOI by 30% by completing a market driven value-add campaign set to achieve $100 premiums while still maintaining an extensive rent runway to key comparables in the submarket.
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Village at Willow Lakes
95 Units
2900 Reidville Road
Spartanburg, SC  29301
Posted: 8/5/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Villas at the Curve apartment community located in Montgomery, AL. Benefiting from a strong manufacturing economy, the metro has garnered over $1 Billion in capital investments and approximately 7,000 jobs over the past three years. The asset boasts an all-brick façade, positioning the property for easy upkeep and low maintenance expenses. Constructed in 1984-86, Villas at the Curve offers the investor a quality physical plant primed for boosted returns through targeted interior value add.
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Villas at the Curve
264 Units
5800 Eagle Circle
Montgomery, AL  36116
Type: Conventional
Posted: 7/17/2019