This development site offers 2 opportunities for a developer to potentially construct a variety of product from market rate apartments, single family rentals, age restricted apartments, townhomes, condo’s and single family residential.

The 2 sites are currently a local golf course located in a highly visible suburb of Springfield just minutes from abundant retail, restaurants, and major highways. The 56.7-acre site is prime for a master developer to construct a mixed-use project or a single-family rental, villa project or single-family homes. The 13.7-acre site is ideal for an apartment developer for market rate or age restricted product.
...
Windy Knoll Development Site (2 properties, 69.83 acres)
500 Roscommon Dr.
56.13 Acres
500 Roscommon Drive
Springfield, OH  45503
Type:  Land
Posted: 4/25/2024
The Cushman & Wakefield Student Housing Capital Markets Team is seeking an LP Equity Partner for an upcoming development in close proximity to the University of Illinois at Urbana-Champaign. Located at 505 S. 5th Street in Champaign, IL, the property is adjacent to campus and in the heart of Campustown, which features many restaurant options, shopping, bars, and coffee shops. The site is fully entitled, ready for construction and situated within an opportunity zone. The developer brings with them a well-established and successful track record in the market.
...
Under Contract
505 S 5th Street
0.55 Acres
505 S 5th Street
Champaign, IL  61822
Posted: 10/16/2024
532CO
   
532 W Colorado Ave
Colorado Springs, CO  80903
Posted: 9/10/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 600 Station Square, a 48-unit apartment community located in Greensboro, NC. This brand-new boutique asset is situated in an extremely desirable Greensboro submarket, which is characterized by impressive quarterly effective rent growth, high barriers to entry (0 units being proposed and 1 under construction in the immediate area), and attractive demographics (over 63% white-collar workers). Spring Garden Street and West Wendover Avenue are adjacent to the property, allowing residents immediate access to the plethora of retail, dining, and entertainment the nearby area offers. The industries of manufacturing, healthcare, and education anchor the Greensboro economy, with top employers within minutes of the property. Having realized the appeal of the Triad’s economy, six major corporations have made plans to expand in/move to the area. Toyota, Cone Health, Amazon, Publix, Guerrilla, and Boom Supersonic will all be fully operational in the Triad by 2025. Built in 2022, 600 Station Square represents an exceptional opportunity to acquire a beautifully built asset and gain almost $31K in additional revenue by implementing other streams of income.
...
Under Contract
600 Station Square
48 Units
600 Coapman Street
Greensboro, NC  27407
Type:  Multifamily
Posted: 11/3/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 7 at Seven Mile Creek, a 129-unit, 2022-built apartment community located in Nashville, Davidson County, Tennessee. This asset is situated in the thriving southeast Nashville area, recently named the #1 market in the country for real estate investment for the third consecutive year by the Urban Land Institute. 7 at Seven Mile Creek offers the best of a resort-style community with quality amenities and sleek interior features in an area with high demand and little supply, compared to other Nashville markets. The property’s direct proximity to Nolensville Pike provides residents with quick access to ample retail, restaurants, jobs, and entertainment.
...
7 at Seven Mile Creek
129 Units
4040 Travis Dr
Nashville, TN  37211
Type:  Multifamily
803 Yuma Street
   
803 Yuma Street
Colorado Springs, CO  80909

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 804 E 7th. The rarely available, fully approved, residential development opportunity is located in South Boston’s most desirable neighborhood, City Point. Directly across the street from M Street beach, the property offers sweeping views of Boston Harbor and Pleasure Bay.

The proposed project consists of the conversion of the 31,995 SF former nursing home into a residential building with twenty-one residential units and twenty-one garage parking spaces. The existing 3-story structure provides great in-place bones for redevelopment.

When complete, 804 E 7th will offer future residents unparalleled access to a dynamic mix of amenities and transit options, scattered throughout South Boston and the Seaport. Furthermore, the project is poised to benefit greatly from several upcoming large-scale developments in the immediate area. An influx of both life science and commercial development will bring thousands of new employees and millions of square feet of development to the already bustling submarket.

804 E 7th is being offered for sale without a formal asking price, free and clear of existing debt. Once qualified investors have had an opportunity to review the offering materials and tour the Property, Cushman and Wakefield will schedule a formal "Call for Offers".

...
Under Contract
804 East 7th Street
21 Units
804 East 7th Street
Boston, MA  02127
Posted: 7/26/2022

Cushman & Wakefield Multifamily Advisory Group is pleased to offer, on an exclusive basis, the fee simple interest in 9 Chelsea Street (the “Property” or “Site”), a transit-oriented development opportunity in the heart of East Boston, Massachusetts. The Property sits directly across the street from MBTA Blue Line at Maverick Square, providing future residents direct access to the top-tier employment and cultural activities throughout Downtown Boston, Cambridge, and the surrounding communities. The Site is a prime in-fill development opportunity appealing to multiple uses - multifamily (apartments or condominiums), hotel, retail and commercial - and offers attractive zoning that allows for up to 7 stories and building height of 85 feet.

9 Chelsea Street enjoys prominent positioning at the corner of Chelsea and Maverick Streets, and is the gateway into Maverick Square and the East Boston waterfront. The immediate area has transformed in recent years with the development of over 1,500 luxury mid and high-rise apartments and condominiums, the creation of new parkland, the expansion of the East Boston Harborwalk and the development of countless residential and mixed-use buildings that have added hundreds of new, high-quality housing units throughout the neighborhood. As city residents have migrated to East Boston, a variety of new urban restaurants, bars and shops have also established themselves in the area and contribute to the trendy vibe. East Boston is an increasingly sought after neighborhood and the Property presents a unique opportunity to develop a luxury condominium or apartment building in an excellent in-fill location in the City of Boston.

9 Chelsea Street is available on an “as-is” basis and is being offered without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with the offering materials and access to additional due diligence information. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”.

...
Under Contract
9 Chelsea Street
   
9 Chelsea Street
East Boston, MA  02128
Type:  Land
Posted: 6/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±16.33-acre Altitude at 41 Development Site in Nashville, TN. The offering is composed of three sections, with a total proposed multifamily unit count of ±400 apartments. These sections may be purchased together or considered for sale separately. Significant sitework has been completed for phase I of the project, giving the buyer an expedited opportunity to go vertical. Dickerson Pike is one of the hottest corridors in Nashville as of late, with developers from all over the country acquiring land and planning projects in the area. Much of this interest is due to the flourishing East Bank, where the new Nissan Stadium is under construction and Oracle has plans to build its River North Campus, just 10 minutes from the site. Nashville has been named the #1 real estate market in the country for real estate investment by the Urban Land Institute, and the Altitude at 41 Development Site presents an excellent opportunity to enter the market in a submarket with tremendous momentum.
...
Altitude at 41
16.22 Acres
3465 Dickerson Pike
Nashville, TN  37207
Type:  Land
Posted: 3/19/2024

AM 1980 is a 132-unit boutique luxury apartment community at the entrance of Chicago’s vibrant Logan Square neighborhood, a market that has outperformed downtown Chicago submarkets over the last 18 months. Conveniently located just steps from the Western Blue Line CTA stop and surrounded by premier retailers, this property is ideally situated to capture demand from a growing demographic of high-income renters in Logan Square; with household income increasing 39% since 2019. Offering immediate access to over 796,000 employees in downtown Chicago and the O’Hare office market via the Blue Line, AM 1980 is perfectly positioned for today’s urban commuter.

GROWING POPULATION OF HIGH-EARNING RENTERS IN LOGAN SQUARE

Average household (HH) income within 0.5 miles of AM 1980 of $178k is 1.6x above the Chicago average. 57% of Logan Square is renter occupied. Average home values have increased 45% since 2019 to $537k.

ROBUST SUBMARKET FUNDAMENTALS

Rents in Logan Square grew 5.5% in 2023 and occupancy averaged 96%. The massive supply/demand imbalance continues to give landlords pricing power.

IDEALLY SITUATED IN A TRANSIT-ORIENTED LOCATION WITH HIGH BARRIERS TO ENTRY

One minute from the Western Avenue Blue Line CTA stop; residents can travel to downtown in 18 minutes and to O’Hare in 35 minutes. Residents also have convenient access to I-94 via Armitage and immediate access to bike trails on Milwaukee Ave.

GROWTH OF LOGAN SQUARE

Thriving retail submarket with 8 grocery chains and 15 Michelin-recognized restaurants. Recent investments include an $88M overhaul of historic Congress Theatre, as well as a community plaza with more walking and bike trails, in addition to the popular 606 trail.

...
Under Contract
AM 1980
132 Units
1980 North Milwaukee Avenue
Chicago, IL  60647
Type:  Multifamily
Posted: 7/10/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 106-unit Amelia & Amelia West apartment community located in Valdosta, Lowndes County, Georgia. These assets are located in the thriving and desirable Valdosta market, bolstered by population growth, heavy supply constraints, and ease of access to major employers (South Georgia Medical, Moody’s Air Force Base (19k+ jobs), and Valdosta State University) along with top retail. Built in 1972 & 1983, Amelia & Amelia West represent an outstanding opportunity to invest in well-maintained assets, with $750k worth of exterior and interior capital improvement. With further improvements, new ownership can push rents $170+ through an elevated value-add program suited to Valdosta’s growing economy.
...
Amelia & Amelia West
106 Units
909 Slater St
Valdosta, GA  31602
Type:  Multifamily
Posted: 8/21/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of ARIUM Peachtree Creek, a 340-unit institutional multifamily asset in Chamblee (Atlanta, GA). ARIUM Peachtree Creek is positioned at the center of Atlanta’s largest job nodes, providing convenient access to 655K+ jobs within 15 minutes, including three of the largest healthcare corridors in the city. Specifically, it is five minutes from the second largest healthcare corridor in Atlanta with 4M+ SF of medical space, featured by the brand new $1.5B CHOA hospital and future Emory district that will bring 10K+ new jobs.

Also, this asset is near several desirable lifestyle attractions, like Chamblee and Brookhaven Village’s new Open Container Districts. Institutionally owned since 2004, the property has been well maintained, but has not received a major capital infusion, which presents a unique opportunity to implement a value-add strategy to generate outsized rental premiums and additional revenue. New ownership has an opportunity to acquire an excellent multifamily asset with high barriers to entry offered significantly below replacement cost.

...
ARIUM Peachtree Creek
340 Units
3001 Northeast Expressway
Atlanta, GA  30341
Type:  Multifamily
Posted: 8/22/2024
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 598-unit portfolio of Ridgewood, Carriage House, Ascend at Savannah, and Ascend Midtown apartment communities located in Savannah, Chatham County, Georgia. Built between 1968-1977, these properties represent outstanding value-add opportunities that have been well-maintained, with over $4.6M spent on capital expenditures by current ownership and $157 average in-place renovation premiums. These opportunities are accompanied by the Hyundai EV plant delivery in Q4 2024, bringing 8,500 direct jobs to the region and marks the largest economic development in Georgia history. The development has served as a catalyst for 18k additional job announcements and a predicted 4.7x multiplier effect in coming years: a 40K total job growth impact.
...
Savannah 598 Portfolio (4 properties, 598 units)
Ascend at Savannah
160 Units
10714 Abercorn Extension
Savannah, GA  31419
Type:  Multifamily
Posted: 1/15/2025
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 598-unit portfolio of Ridgewood, Carriage House, Ascend at Savannah, and Ascend Midtown apartment communities located in Savannah, Chatham County, Georgia. Built between 1968-1977, these properties represent outstanding value-add opportunities that have been well-maintained, with over $4.6M spent on capital expenditures by current ownership and $157 average in-place renovation premiums. These opportunities are accompanied by the Hyundai EV plant delivery in Q4 2024, bringing 8,500 direct jobs to the region and marks the largest economic development in Georgia history. The development has served as a catalyst for 18k additional job announcements and a predicted 4.7x multiplier effect in coming years: a 40K total job growth impact.
...
Savannah 598 Portfolio (4 properties, 598 units)
Ascend Midtown
150 Units
2200 East Victory Drive
Savannah, GA  31404
Type:  Multifamily
Posted: 1/15/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit Aspire Richmond Hill & Aspire Courtyards apartment portfolio located in Augusta, Richmond County, Georgia. Situated in a desirable and strategically located pocket of southwest Augusta, these properties provide direct access to an array of top employers as well as destination retail and entertainment options. Built in 1971 & 1968, respectively, Aspire Richmond Hill & Aspire Courtyards offer an outstanding opportunity to invest in a proven value-add portfolio. Renovated units are receiving $40 in-place premiums and can receive projected premiums of $115+ through a moderate value-add program.
...
Aspire Portfolio (2 properties, 246 units)
Aspire Courtyards
Offers Due:  Wednesday, January 22, 2025
120 Units
2119 Lumpkin Road
Augusta, GA  30906
Posted: 12/2/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Aspire Perimeter, a 296-unit, institutionally-owned apartment community located in the heart of Atlanta’s medical powerhouse, Pill Hill. Aspire Perimeter directly benefits from 20K healthcare jobs within a half-mile radius as well as immediate access to Atlanta’s top employment and entertainment districts. Embedded in Sandy Springs’ affluent residential landscape, the property maintains a distinct neighborhood-feel while boasting an average household income of $181K+ in the immediate surrounding area. High barriers to entry shield Aspire Perimeter from new supply, with rising construction costs and significant municipal zoning restrictions in the city of Sandy Springs. As an institutionally-owned & managed community, the property is in exceptional condition, attracting a mix of high-quality residents since construction.
...
Aspire Perimeter
296 Units
5385 Peachtree-Dunwoody Road
Sandy Springs, GA  30342
Type:  Multifamily
Posted: 6/11/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit Aspire Richmond Hill & Aspire Courtyards apartment portfolio located in Augusta, Richmond County, Georgia. Situated in a desirable and strategically located pocket of southwest Augusta, these properties provide direct access to an array of top employers as well as destination retail and entertainment options. Built in 1971 & 1968, respectively, Aspire Richmond Hill & Aspire Courtyards offer an outstanding opportunity to invest in a proven value-add portfolio. Renovated units are receiving $40 in-place premiums and can receive projected premiums of $115+ through a moderate value-add program.
...
Aspire Portfolio (2 properties, 246 units)
Aspire Richmond Hill
Offers Due:  Wednesday, January 22, 2025
126 Units
526 Richmond Hill Road
Augusta, GA  30906
Type:  Multifamily
Posted: 12/2/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 227-unit Audubon Briarcliff apartment community located in Atlanta, GA. Situated off Clairmont Road, Audubon Briarcliff boasts an unparalleled location within one of Atlanta’s premier submarkets, North Druid Hills/Briarcliff. Renowned for its prestigious healthcare institutions, the area is home to the state-of-the art Children’s Healthcare of Atlanta facility and Emory District. Three miles south of the property lies the Clifton Corridor, a magnet for lucrative jobs, which encompasses multiple Emory facilities such as the University Hospital, VA Medical Center and the National CDC. Positioned off I-85, the property offers unrivaled access to the city’s major job centers and a local, affluent demographic landscape, with an average household income of $216K. The immediate submarket presents significant rental headroom, providing new ownership the opportunity to implement an interior value-add program to drive NOI.
...
Audubon Briarcliff
227 Units
3108 Briarcliff Road
Atlanta, GA  30329
Type:  Multifamily
Posted: 2/28/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler Associates, Inc. are pleased to present the exclusive listing of the 102-unit Avalon apartment community located in Baton Rouge, Louisiana. The property recently underwent a full renovation including exterior and interior upgrades as well as the addition of washer & dryer appliances to all units. Situated in the East Baton Rouge Parish, Avalon offers premier connectivity to the major job hubs of the city, including its expansive Healthcare District as well as the explosive industrial development corridor along the Mississippi River. Due to this submarket’s historically constrained multifamily pipeline, the property has advantageous positioning with zero multifamily properties currently under construction within a 5-mile radius. Coupled with the current imbalance between supply and demand, the East Baton Rouge submarket continues to see impressive growth in residents demographics, contributing to the growing appeal of the area.
...
Avalon
102 Units
13047 Florida Boulevard
Baton Rouge, LA  70815
Type:  Multifamily
Posted: 10/7/2024

Bantr Neenah, a 58-unit furnished apartment community in Neenah, WI, is strategically positioned as a premier flexible term rental option centrally located near major area employers. The property was originally built in 1965 as seniors housing, and was redeveloped in 2022 as a market rate apartment building offering flexible leasing options. This lease structure (3 to 12+ months), targets traveling workers and tenants seeking convenience and flexibility. The average medium-term lease is six months, and is currently achieving a $168 premium over long-term leases.

Bantr Neenah offers an investor the opportunity to acquire the asset outright or recapitalize a majority of the equity and become a partner with the existing operator. Bantr Management is experienced with medium-term rentals and is willing to stay on board in an acquisition or recapitalization event.

BOOST INCOME WITH FURNISHED MID-TERM RENTAL PREMIUMS

Current mid-term rentals are seeing a $168 premium. 25% of the asset is on mid-term leases. New ownership can expand that percentage to increase NOI without any capital investment

HEDGE RISK WITH MID-TERM LEASES

Ownership can adapt to market demands by increases or decreasing the % of mid-term to long-term leases while maintaining high occupancy and cash flow

DIFFERENTIATED OFFERING OVER AIRBNB, FURNISHED FINDER & EXTENDED STAYS FOR TRAVELING PROFESSIONALS

Bantr Neenah provides mid-term rentals that cost 59% less than extended stay hotels, while offering a sense of community with events and amenities like gyms, co-working space, and communal kitchens that Furnished Finder and Airbnb do not provide

OPPORTUNITY TO ACQUIRE PROPERTY OUTRIGHT OR RECAPITALIZE WITH EXISTING PARTNERSHIP

Current ownership and developer, Bantr, is open to either a sale or recapitalization. They would prefer to stay on as manager and be able to provide mid-term management expertise with strong leasing relationships with local employers

CENTRALLY LOCATED NEAR MAJOR AREA EMPLOYERS

Major national firms like Kimberly-Clark, Neenah Foundry, Plexus, and ThedaCare are within a 10-minute drive of Bantr Neenah, providing ample contract-based job opportunities

PROVEN CONCEPT ACROSS 6 LOCATIONS

The Bantr brand has proven to be a successful brand across 6 locations in North Central Wisconsin with 424 units

...
Bantr Neenah
58 Units
125 Byrd Ave
Neenah, WI  54956
Posted: 6/5/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Clarksville 7 Portfolio within the Clarksville, Tennessee MSA. This portfolio offers seven individual properties, five of which are in Clarksville and the remaining two in Oak Grove, Kentucky. Built between 1995-2005, the portfolio represents an outstanding opportunity to combine immediate economies of scale with assumable 4.88% fixed rate Fannie Mae loans. While current ownership has completed extensive reconstruction on two assets (Blue Grass Meadows and Whitehall Townhouses), new ownership can unfurl a brand new value-add program to push portfolio rents $172 at a 24% ROI.
...
Clarksville 7 Portfolio (7 properties, 844 units)
Blue Grass Meadows
104 Units
1990 Calumet Dr
Clarksville, TN  37042
Posted: 9/26/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the 1,261-unit Suburban Houston Portfolio consisting of 288-unit Botanic Luxury Living, 305-unit Linz Luxury Living, 318-unit Sire Kingwood, and 350-unit Forayna Vintage Park each located in a thriving Houston suburb. All built in 2023, these four assets boast exceptional interior finishes, spacious floorplans averaging 1,074 square feet, and an expansive array of amenities. Individually, or as a portfolio, these assets offer an outstanding opportunity to invest in newly-built, institutional-quality properties located in high-income areas with strong rental demand and significant potential for revenue growth.
...
Suburban Houston 4 Portfolio (4 properties, 1,261 units)
Botanic Luxury Living
288 Units
20525 Holzwarth Rd.
Spring, TX  77388
Type:  Multifamily
Posted: 10/3/2024

This 20+ acre shovel ready site is a well-located parcel in the Bradley Heights community of Southeast Colorado Springs, near the S Powers corridor and Bradley Road. The immediate submarket is anchored by S Powers Blvd and has become one of the most prominent and active growth corridors in the region, with a mix of commercial, retail, aviation, recreation, education, and residential uses. The area is dominated by several large master planned developments including the Peak Innovation Park, Amazon warehouse hub, Colorado Springs Airport and United States Space Force. The Bradley Heights site sits within a growing mixed-use development containing new single-family homes, multifamily, commercial, business center, church, parks, and an elementary and middle school. In addition, this site is 12 miles to Downtown Colorado Springs and only minutes from the 2,000+ acre master planned airport business park. Housing demand is very strong in this submarket. Given the growth and demand of this submarket, the allowable density up to 24.99 DU/Acre, and the unique product offering, this site presents an exciting opportunity for future development.

...
Bradley Heights
20 Acres
5915 Big Johnson Drive
Colorado Springs, CO  80925
Type:  Land
Posted: 2/2/2024
The Sacramento Multifamily Advisory Team is seeking a qualified developer to acquire this lender owned +/-2.2 acre development site that has been pre-approved for a 59 unit multifamily community. Unique opportunity to develop a community in an infill location on the busy Folsom Blvd near the US-50 Bradshaw Road interchange. Walking distance to Sacramento Region's Butterfield Light Rail Station Park & Ride.
...
Under Contract
Bradshaw at Folsom Apartments
2.2 Acres
Folsom Boulevard
Sacramento, CA  95827
Type:  Land
Posted: 4/7/2023