The Coca-Cola Building
   
2525 Kirk Avenue
Baltimore, MD  21218
Type: Land
Posted: 9/26/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 296-unit The Columns at Paxton Lane apartment community located in Lilburn, Gwinnett County, GA. This asset is situated in Southeast Gwinnett County, where vacancy has tightened and current Q2 2022 rent growth surpasses 19%, per AxioMetrics. Surrounding the property are several new developments and major employers, including the Amazon Fulfillment Center with over 5K employees. The Columns at Paxton Lane features all classic units, allowing a new investor to implement a significant value-add program. Built and owned by prolific developer ECI since its inception in 1996, The Columns at Paxton Lane represents an outstanding opportunity to invest in a true value-add product in one of the top-performing multifamily submarkets in the nation.
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Under Contract
The Columns at Paxton Lane
296 Units
4305 Paxton Lane
Lilburn, GA  30047
Type: Conventional
Posted: 10/17/2022
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Gulf States Multifamily Advisory Group, is pleased to present the exclusive listing of the Tallahassee 3-Pack Portfolio, a three-property student housing community portfolio located within a one mile radius to Florida State University. The Portfolio totals 88 units and 342 beds with build years of 2001 and 2004. This offering provides investors the opportunity to purchase a portfolio of three assets with proven track records that are perfectly positioned for a value-add program that would generate immediate revenue streams and yield increased returns.
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Tallahassee Portfolio (3) (3 properties, 88 units)
The Cottages at Cumberland Forest
28 Units | 112 Beds
1111 Greentree Ct
Tallahassee, FL  32304
Posted: 3/15/2022

WALKABLE TO NOTABLE EMPLOYMENT & AMENITIES

The E'laan is walkable to numerous notable employers including Salesforce and Cummins. Endless amenities, entertainment, museums, parks, dining and shopping are all within walking distance.

PERFECT UNIT MIX FOR YOUNG PROFESSIONALS

The property has a unique unit mix perfect for young professionals who want to live, work and play in downtown Indianapolis. Studios and One-bed units are suitable for singles or couples while the two-bed units are great for roommates. Within a one-mile radius of The E'laan, the median age is 29 years and 73% are college-educated.

BOUTIQUE LUXURY COMMUNITY

This small, boutique community offers what young dwellers are looking for with modern upscale finishes like quartz counters, kitchen islands, stainless steel appliances including built-in microwaves, and full size, in unit washer and dryer. Gorgeous views of downtown Indy can be seen from the green rooftop which features a pool, grilling station, fire pit and dog park. Other amenities include a spacious state-of-the-art fitness center with protein bar, lounge with coffee bar, and reserved covered parking.

URBAN TWO-PROPERTY PORTFOLIO OPPORTUNITY

The E'laan can be purchased individually, or with 946 MLK. Both properties are located in walkable locations in downtown Indianapolis and share staffing. The two properties total 91 units and offer operational efficiencies when purchased together.

 
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The E'laan
Offers Due:  Friday, March 31, 2023
71 Units
515 E Market Street
Indianapolis, IN  46204
Type: Conventional
Posted: 2/9/2023

Cushman & Wakefield, as exclusive advisor, is pleased to present The Estates at Park Avenue, a 432-unit value-add garden apartment community located in Orlando, Florida (the "Property"). The Property sits on 25.2 acres with one, two, and three-bedroom floor plans that average 1,153 s.f. across townhome, loft, and flat-style apartments. The Estates at Park Avenue has an extensive amenity package including two resort-style swimming pools with sundecks and spas, a fitness center with cardio equipment and separate yoga/spin room, a racquetball court, BBQ & picnic areas, a movie theater, a business center with workstations, a community billiards and game room, a tennis court, on-site garages, a dog park, a playground, and a car care area among other offerings.

The Property has seen strong organic rent growth as new lease trade-outs over the last 90 days have averaged 13%, or $209. New ownership has the opportunity to capture significant rental upside by upgrading existing units to be inline with market comparables and executing targeted improvements to the common areas. The Property’s classic and partially upgraded units present a substantial value-add opportunity through full renovation programs while previously renovated units can be brought inline with new construction comparables with light upgrades.

The Property is settled in a unique location within Orlando’s MetroWest Submarket, less than 10 minutes to both Interstate-4 and Florida’s Turnpike, providing unparalleled access to all major employment hubs and attractions within the Orlando MSA. Additionally, there is more than 22.7 m.s.f. of retail within five miles and 10.4 m.s.f. of office space within seven miles.

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The Estates at Park Avenue
432 Units
2801 Biltmore Park Drive
Orlando, FL  32835
Type: Conventional
Posted: 12/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 434-unit Columbia Value-Add 3 Portfolio, which can be acquired together or individually. Located in two of Columbia’s most prestigious and high barriers to entry submarkets, Dutch Fork and Lexington, residents at each asset enjoy direst access to 142k+ jobs within a 20-minute drive, seamless connectivity to the area’s largest employers, top tier retail, and higher education paving the way for continued appreciation. Furthermore, the immediate areas provide exceptional demographics with high avg. household incomes, predominantly white-collar workforces, and diminishing multifamily pipelines surrounding each asset. The portfolio arrives to market displaying attractive fundamentals including steady occupancy levels (98% avg.), an attractive mix of outsized floorplans as 50% of units are townhomes, an 18+ year ownership hold, and the opportunity for future development on Three Rivers’ additional 3 acres of land. Built from 1970-1974, this portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well maintained assets ($2.9M+ in CapEx since 2020) with proven value-add programs achieving average premiums of $140.
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Under LOI
Columbia Value-Add 3 Portfolio (3 properties, 434 units)
The Farrington
158 Units
1513 Farrington Way
Columbia, SC  29210
Type: Conventional
Posted: 2/7/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Fitzroy Grove, a 250-unit, 2021-built apartment community located in the booming Northwest Arkansas MSA. The property is situated in prestigious Pinnacle submarket of Rogers, Arkansas, which has experienced 13.5%+ YoY market rent growth and offers residents quick access to major employers, retail vendors, community amenities and outdoor recreation. Northwest Arkansas is home to Walmart Inc, the nation's largest retailer, which is currently constructing new Walmart Global Headquarters, as well as two other fortune 500 companies, each within a 15-mile radius. The property offers the next investor unmatched amenities and finish levels in the marketplace and maintains excellent rental growth throughout lease-up providing substantial value add upside by pushing 2nd generation leases.
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Under Contract
The Fitzroy Grove
250 Units
2950 S Fitzroy Place
Rogers, AR  72758
Type: Conventional
Posted: 2/2/2023
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Gulf States Multifamily Advisory Group, is pleased to present the exclusive listing of the Tallahassee 3-Pack Portfolio, a three-property student housing community portfolio located within a one mile radius to Florida State University. The Portfolio totals 88 units and 342 beds with build years of 2001 and 2004. This offering provides investors the opportunity to purchase a portfolio of three assets with proven track records that are perfectly positioned for a value-add program that would generate immediate revenue streams and yield increased returns.
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Tallahassee Portfolio (3) (3 properties, 88 units)
The Flats on High
33 Units | 132 Beds
1560 High Rd
Tallahassee, FL  32304
Posted: 3/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Gates at South Bend, 147 units located in Tuscaloosa, Alabama. Tuscaloosa has produced outstanding growth over the past decade, benefitting from an economy backed by two pillars: University of Alabama ($2.8B impact) the Mercedes-Benz plant ($5.8B investment). Gates at South Bend is centrally located in Tuscaloosa with virtually immediate access to I-20. Residents are within 20 minutes of the Mercedes Benz manufacturing plant and 10 minutes of UA’s main campus. Originally constructed between 1976-1980 and heavily rehabbed from 2017-2021, Gates at South Bend offers future ownership a performing, heavily capitalized asset well below replacement cost.
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The Gates at South Bend
147 Units
3831 3rd Avenue E
Tuscaloosa, AL  35405
Type: Conventional
Posted: 9/21/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove, a 178-unit apartment community located in Raleigh, NC. This asset is situated in a thriving pocket of West Raleigh, characterized by an affluent rental base, top rated schools, high home values (averaging $420K), and exceptional rent growth (20.3% Q1 2022). Less than 10 minutes away from the heart of Raleigh, the asset’s immediate location is emersed in some of the best retail, dining, and entertainment the city has to offer. Among the top three hottest job markets in the country, Raleigh is rapidly expanding with major mixed-use and office development projects currently underway. Thoroughfares I-440 and I-40 instantly link residents to the Triangle’s top employers, including Research Triangle Park, UNC Chapel Hill University/Healthcare, and Duke University/Healthcare. Built in 1972, The Grove represents an outstanding opportunity to invest in a well-maintained asset and complete a rewarding and proven value-add program to achieve an additional $264K in additional revenue.
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Under Contract
The Grove
178 Units
3926 Marcom Street
Raleigh, NC  27606
Posted: 5/18/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove, a 66-unit, 2022-constructed build-to-rent community located just 11 miles from downtown Tuscaloosa, AL. The Grove is the first purpose-built detached BTR community in the Tuscaloosa MSA. The property benefits from being one of two BTR assets in a supply constrained market, where average annual rent growth the past three years is 5%+. The property sits 11 miles from Tuscaloosa and the University of Alabama which is the fastest growing college in the nation boasting $2.8B in economic impact in Tuscaloosa. The community features 100% 4 & 5 BR detached homes averaging 2,143 SF, attached garages, private fenced yards and premiere unit features offering residents a quality home with professional property management efficiencies. Arriving to market midway through an excellent lease-up, the community is poised to be a rent leader in a market with limited new supply of conventional multifamily and institutionally developed BTR communities
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The Grove
66 Units
12898 Grove Circle
Moundville, AL  35474
Type: Build for Rent
Posted: 6/16/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the The Grove (244 units) and The Preserve (240 units) located in the Gulfport-Biloxi, MS MSA. The Grove is favorably located less than a mile from the scenic beachfront U.S. Route 90 and the nearby Edgewater Mall. The Preserve is situated less than a mile north further inland from The Grove and is directly across the street from a MS Gulf Coast academic institute. The two regional employment centers, Biloxi and Gulfport, have a combined impact of over 59K jobs and are conveniently less than 10 miles away from the assets. Built in 1995 & 2000, the portfolio represents an outstanding opportunity to invest in proven value add assets with significant upside ($1,075,000+), extremely attractive existing debt and strategically desirable locations.
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The Grove & The Preserve (2 properties, 484 units)
The Grove
244 Units
248 DeBuys Road
Biloxi, MS  39531
Posted: 2/2/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 6.68-acre, The Grove at Orange Beach development opportunity located in Orange Beach, Alabama. This asset is situated in a PUD zoning district within the fastest growing county in Alabama, offering developers a favorable density of 42 units per acre. A highly sought-after school system paired with an upward trending demographic base is steadily increasing the demand for Class A product, as rent levels have increased 33% over the past 5 years and expect to average another 8% increase each year over the next two years. This site offers deeded beach access, providing a competitive advantage over future multifamily projects. The Grove at Orange Beach offers the future developer the opportunity to build the first high-end, large-scale apartment community along Perdido Beach Boulevard and the site is poised to reward developers as vacancies trend downward and rent growth surges during the massive migration to coastal cities.
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Under Contract
The Grove at Orange Beach
6.68 Acres
3001 Loop Road
Orange Beach, AL  36561
Type: Land
Posted: 10/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 12-acre Build-to-Rent land site with five units currently built, The Highlands Development Site in Fairhope, Alabama. The site has been approved for 90 total townhome units, of which 5 have already been delivered leaving room for 85 additional units. Fairhope is situated in Baldwin County, the fastest growing county in Alabama that boasts average household incomes 20%+ greater than the state average. The property is ideally situated close to high-quality retail (walkability to Publix), "A" schools and major employment drivers. Five homes have already been delivered on the site and are included in the offering.
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The Highlands Development Site
90 Units
417 Dry Falls Way / 22530 US-98
Fairhope, AL  36532
Type: Build for Rent
Posted: 10/5/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 2 property, 384-unit Portfolio, The Jasper and The Belmont. Located in the highly sought-after submarkets of Columbia County and West Augusta, both properties provide immediate access to the market’s major employers and top retail corridors via 1-20 and I-520. Additionally. The Belmont is located in Columbia County, having a best-in market school system as well a limited development pipeline due to the in-place multifamily moratorium. Built in 2003 & 2004, this portfolio offers an outstanding opportunity to gain immediate scale in high growth markets through highly capitalized assets ($2M+ in CapEx at each community) with proven value-add programs achieving $230+ average rent premiums.
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The Jasper & The Belmont (2 properties, 384 units)
The Jasper
Offers Due:  Wednesday, April 26, 2023
192 Units
1020 Amli Way
Augusta, GA  30909
Posted: 3/27/2023
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 161-unit The Local on Severn apartment community located in New Orleans’ most affluent neighborhood. This asset is situated off of I-10, just before Lake Pontchartrain and adjacent to Lakeside Shopping Center, giving residents prime access to major New Orleans, Metairie, Slidell and Covington employers. With minimal supply in the area, the property is primed for future rent growth. Built in 1974, The Local on Severn represents an outstanding opportunity to invest in a value-add opportunity in a prime location with strong submarket fundamentals.
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The Local on Severn
161 Units
3409 Severn Avenue
Metairie, LA  70002
Posted: 3/23/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Meridian at Fondren, a 245-unit, 2016-built apartment community located in Jackson, MS. The asset’s luxurious interiors, best-in-class amenities, and centralized location embedded amongst The University of Mississippi Medical Center (UMMC) via a ground lease with UMMC, caters to an upscale tenant base exemplified by an average household income of $88K+ within 1 mile of the asset. The asset affords residents luxurious finishes with modernized use of space while maintaining walkability to quality dining, shopping, entertainment options, along with UMMC & St. Dominic with its 13,000+ combined jobs. With strong in-place demand, management has successfully pushed rental rates $100+ on the latest leases, and the next owners can initiate a light value add program and push rents $85-$115 with minimal capital spent. Built in 2016, The Meridian at Fondren arrives to market 96% occupied with strong operational trends providing new ownership a foundation for immediate growth in an irreplaceable location in Jackson.
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The Meridian at Fondren
245 Units
802 Lakeland Drive
Jackson, MS  39216
Posted: 5/16/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 300-unit Oxford apartment community located in Lawrenceville, Gwinnett County, GA. This asset is well-positioned in one of the top-performing multifamily submarkets in the nation, which has seen upward trends in rent and occupancy for more than two decades. Already the most populated suburban county in the state, Gwinnett’s demand for workforce housing continues to grow alongside new retail, office and industrial activity. The property currently has 99 classic units and 192 partial units, allowing a new owner to complete the interior value-add program. Built in 1984, The Oxford offers a prime opportunity to invest in a proven value-add asset with remaining upside for the next owner.
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Under Contract
The Oxford
300 Units
3400 Club Lakes Parkway
Lawrenceville, GA  30044
Type: Conventional
Posted: 9/28/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 352-unit The Parc at 1875 apartment community located in College Park, Clayton County, Georgia. This asset is situated in the high-demand Airport/South Atlanta industrial submarket. The property boasts strong occupancy and organic rent growth, with almost 100% classic units ready for next-level upgrades. Built in 1988, The Parc at 1875 offers an outstanding opportunity to acquire a cash-flowing asset with value-add upside far below replacement cost.
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The Parc at 1875
352 Units
1875 E. Pleasant Hill Road
College Park, GA  30349
Type: Conventional
Posted: 3/27/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 168-unit Parc at East Fifty-First apartment community located in Tulsa, OK. The 97%+ occupied asset is situated in the desirable Broken Arrow submarket, which has demonstrated an 8% YoY increase in effective rent growth. Built in 2012, Parc at East Fifty-First presents an outstanding opportunity to acquire a preforming, cash flowing asset in a high-growth submarket.
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The Parc at East Fifty-First
168 Units
5091 S 136th East Avenue
Tulsa, OK  74134
Posted: 3/13/2023

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 168-unit The Park at Messina multifamily community located in DeLand, Florida.

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Under Contract
The Park at Messina
168 Units
3165 Brandywine Road
DeLand, FL  32720
Type: Conventional
Posted: 9/24/2022
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Gulf States Multifamily Advisory Group, is pleased to present the exclusive listing of the Tallahassee 3-Pack Portfolio, a three-property student housing community portfolio located within a one mile radius to Florida State University. The Portfolio totals 88 units and 342 beds with build years of 2001 and 2004. This offering provides investors the opportunity to purchase a portfolio of three assets with proven track records that are perfectly positioned for a value-add program that would generate immediate revenue streams and yield increased returns.
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Tallahassee Portfolio (3) (3 properties, 88 units)
The Pavilion
27 Units | 98 Beds
2166 W Pensacola Street
Tallahassee, FL  32304
Type: Student
Posted: 3/15/2022

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 312-unit student housing conversion opportunity located in Gainesville, Florida.

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The Pavilion on 62nd
312 Units | 990 Beds
1000 SW 62nd Boulevard
Gainesville, FL  32607
Type: Student
Posted: 6/30/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the The Grove (244 units) and The Preserve (240 units) located in the Gulfport-Biloxi, MS MSA. The Grove is favorably located less than a mile from the scenic beachfront U.S. Route 90 and the nearby Edgewater Mall. The Preserve is situated less than a mile north further inland from The Grove and is directly across the street from a MS Gulf Coast academic institute. The two regional employment centers, Biloxi and Gulfport, have a combined impact of over 59K jobs and are conveniently less than 10 miles away from the assets. Built in 1995 & 2000, the portfolio represents an outstanding opportunity to invest in proven value add assets with significant upside ($1,075,000+), extremely attractive existing debt and strategically desirable locations.
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The Grove & The Preserve (2 properties, 484 units)
The Preserve
240 Units
2255 Switzer Road
Gulfport, MS  39501
Type: Conventional
Posted: 2/2/2023