Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire 60 SE 2nd (the "Site"): a ±2.10-acre, core trophy development site located in the center of Downtown Miami. 60 SE 2nd’s current zoning allows developers the chance to construct up to eighty stories of residential, hotel, office, retail and general commercial uses - surrounded by the unmatched lifestyle, amenities, infrastructure, and connectivity that Downtown Miami offers.
...
60 SE 2nd Street
   
60 SE 2nd Street
Miami, FL  33131
Posted: 1/2/2020

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.
...
East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
745 NE 15 Avenue
12 Units
745 NE 15 Avenue
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 745 NE 15 Avenue, a 12-unit property in the highly desirable Victoria Park neighborhood of Ft Lauderdale. The property is 97.1% occupied with below market rents. There is significant rental upside by either increasing the rents on the units – 6 out of 12 units are on month-to-month leases with low rents or by implementing a value-add program and improving the property and rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1968 and has its 40 year certification. The property includes a swimming pool and 19 parking spaces. The units average 661 square feet including 8 one bedrooms, one two bedroom and 3 three bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches. In the immediate area townhomes are selling upwards of $1 million and single family homes in excess of $5 million.
...
745 NE 15 Avenue
12 Units
745 NE 15 Avenue
Fort Lauderdale, FL
Posted: 1/16/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 777 Broadway (the "Property"), a 50-unit luxury midrise apartment community located in Oakland, California. Situated in downtown’s historic Old Oakland neighborhood and only three blocks from BART, the property provides the rare combination of modern design, a core location and instant transit access.

Completed in May 2018, 777 Broadway was constructed to condominium-quality standards and has a condominium map in-place. The Property is a five story luxury apartment community consisting of 17 one-bedroom and 33 twobedroom units, 3,571 square feet of ground floor retail, and a 52-space parking garage. 777 Broadway is located in a thriving Oakland submarket which provides residents easy access to the San Francisco Bay Area’s economic and lifestyle offerings that make it one the world’s premier places to work and play.

777 Broadway is offered in conjunction with the 33-unit Idora Apartments located in Oakland’s Temescal neighborhood. These two properties are available individually or as a portfolio, providing immediate scale.

...
777 Broadway
50 Units
777 Broadway
Oakland, CA
Posted: 1/10/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 828 Pennsylvania Avenue, a 12-unit value add multifamily property located in the heart of South Beach. The property recently completed its 10-year recertification and totals 5,849 square feet on two stories. The property is 100% occupied. The property collects $177,000 per year with an additional $36,000 per year in income upside. Property consists of 4 studios and 8 one-bedroom units.
...
828 Penn
12 Units
828 Pennsylvania
Miami Beach, FL  33139
Posted: 7/30/2019

Cushman & Wakefield, as exclusive marketing advisors, are pleased to offer the sale of 88 Hundred Collins (the “Property”), a 0.65 Acre development site on Collins Avenue in Surfside, FL. The site allows for condo and hotel development. The site is being sold as-is and not subject to any plan changes.

88 Hundred provides a premium location at the entrance of Surfside, adjacent to the world renowned beaches. Beach access is easily accessible directly on 88 Street. Surfside is one of the most sought after destinations in South Florida. More stringent development requirements has limited new supply compared to Sunny Isles and Bay Harbor Island. Consequently, Surfside is close to all of the action while maintaining its character as an upscale beach town with great shops, restaurants and cafes.

...
8800 Collins
0.65 Acres
8800 Collins Avenue
Surfside, FL  33154
Type: Land
Posted: 10/2/2017

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.
...
East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
899 NE 15th Street
4 Units
899 NE 15th Street
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Middle River Properties, 11-units located at 899 & 1041-1045 NE 15th street just north of downtown Ft Lauderdale. The property has shown strong historical occupancies with below market rents. There is significant rental upside by either increasing the rents on the units – 5 out of 11 units are on month-to-month leases with low rents – or by implementing a value-add program and improving the property while pushing rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The three buildings were built in 1966 & 1986. The property in total has 19 parking spaces. The units average 649 square feet with 10 one-bedrooms and 1 two-bedroom. The properties are only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
...
Middle River (2 properties, 11 units)
899 NE 15th Street
4 Units
899 NE 15th Street
Fort Lauderdale, FL
Posted: 1/27/2020
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire and develop 8995 Collins (the “Site”): a 0.83-acre residential or hotel development project located directly along the sand in the prestigious Surfside submarket. 8995 Collins will be delivered with full site plan approval, offering developers a chance to construct a 12-story, 55-unit ultra-luxury condominium and hotel, located directly along the sand in the heart of the affluent Surfside Corridor – surrounded by Bal Harbour and North Beach.
...
8995 Collins Avenue
   
8995 Collins Ave
Surfside, FL  33154
Posted: 10/15/2019

Cushman & Wakefield is pleased to offer for sale the 100% fee simple interest in the buildings at 906 and 910 Grand Boulevard and the parking lot at 710 Walnut Street in downtown Kansas City, Missouri. 906 Grand, formerly known as the Rialto Building and the Ozark Building, was built in 1912 and is one of the last historic redevelopment opportunities available in the Central Business District.

The façade of 906 Grand features some of the finest stonework of any building in Kansas City and was extensively restored by the current ownership within the last decade at a cost of over $3 million. Many other modernization improvements have been made in recent years, including a second interior stairwell, new windows and life safety systems.

Downtown Kansas City is in the midst of an incredible renaissance, with a surging residential population and revitalized commercial and entertainment districts. The nearby Power & Light District and the new downtown streetcar line have spurred strong demand for new residential and hotel development in the area.

...
906 Grand
   
906-910 Grand Boulevard
Kansas City, MO  64106
Posted: 6/5/2019
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±4.66 net acre multifamily development site located in the highly desirable North Scottsdale area. The site is located on 90th Street, east of the Loop 101 Freeway between Raintree Drive and Frank Lloyd Wright Boulevard and consists of ±202,946 square feet of developable land.

Known as the "West’s Most Western Town", Scottsdale is a combination of cowboy culture and haute couture. Home to Arizona’s finest shopping and dining, Scottsdale offers hiking trails, award winning resorts and acclaimed art galleries for its residents that enjoy a quality of life like no other. Capturing the national spotlight, Scottsdale showcases an eclectic mix of sport and cultural events that draw thousands of spectators annually. Scottsdale boasts first-rate resorts, world-class events, sophisticated arts, lively nightlife, diverse shopping and epicurean feasts and is known for its refined spas, upscale wine bars and shopping plazas with luxury boutiques.

With its affluent population and large employment base, Scottsdale maintains a competitive edge in attracting new retailers, company headquarters, technology and biomedical industry leaders. The city enjoys the largest concentration of Class A Office space in the region. It has a highly developed workforce, enviable business infrastructure and transportation links, including a world-class executive airport. All of these factors combined create a thriving location for business that is attractive to employees and employers. The diverse economy is based on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses, over 150,000 jobs and more than 20% are Arizona corporate headquarters.

...
Under Contract
90th St & Raintree Drive
4.66 Acres
N/NWC 90th Street & Raintree Drive
Scottsdale, AZ  85260
Type: Land
Posted: 1/15/2019

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.
...
East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
999 NE 23rd Avenue
12 Units
999 NE 23rd Avenue
Wilton Manors, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 999 NE 23rd Drive, a 12-unit property located in the heart of Wilton Manors. The property has shown strong historical occupancies with below market rents. There is significant rental upside by either increasing the rents on the units or by implementing a value-add program and improving the property while pushing rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1972 and has its 40 year certification. The property has 17 parking spaces. The units average 614 square feet with 10 one-bedrooms and 2 two-bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
...
999 NE 23rd Avenue
12 Units
999 NE 23rd Avenue
Wilton Manors, FL
Posted: 2/4/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 282-unit Accent Cumberland development located in the MetroCenter submarket of Nashville, Tennessee. The site is situated minutes from Downtown and is ideally positioned between Nashville’s fastest growing neighborhoods. MetroCenter is one of Nashville’s strongest office submarkets, featuring over 3M SF of office space, and is recognized for its urban infill setting surrounded by high-growth areas, an expanding amenity base, and connectivity to all of the city’s major hubs. Accent Cumberland will benefit tremendously upon the submarket’s urbanizing trajectory and growth.
...
Under LOI
Accent Cumberland (U/C)
282 Units
521 Great Circle Road
Nashville, TN  37228
Posted: 4/26/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire the Aliro Apartments (the “Property”) - an 869-unit value-add multifamily development located in North Miami, Florida. The Property is located along Biscayne Boulevard across from the $4 billion Sole Mia mixed-use development project. The Property’s central, east of I-95, Miami-Dade location is at the center of regional long-term growth. Aliro’s location is highly desirable to prospective residents due to its connectivity to major employment centers, education and medical hubs, and points of interest including numerous parks, malls, and beaches of the Atlantic Ocean.

Aliro offers a tremendous value-add investment opportunity because of its economies of scale, proven performance, and upside. Ownership has spent millions in recent capital improvements and has completed 338 in-unit renovations leaving 531 classic units available to be renovated by future ownership.

...
Aliro
869 Units
14000 Biscayne Blvd
North Miami, FL  33181
Posted: 5/7/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire Altis Boca – South Florida’s premier 398-apartment home asset located in Boca Raton, Florida. The property is comprised in a 6-story midrise design with a combined average unit size of 1,005 square feet. Altis Boca is walkable to Park Place Shopping retail center anchored by a Fresh Market and six restaurants, ranging from fast casual to white tablecloth. The property is also located in Palm Beach County largest office market and is adjacent to the 625,000 square foot Office Depot world headquarters; making it one of South Florida’s most dynamic live and work environments. Developed by nationally recognized Altman Companies, Altis Boca Raton represents the rare opportunity to acquire one of the best apartment home communities in the Southeast United States within the highly coveted location of Boca Raton.

...
Altis Boca Raton
398 Units
5500 North Military Trail
Boca Raton, FL  33496
Posted: 12/20/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire AMLI Flagler Village, a midrise apartment community in the emergent Flagler Village neighborhood within Fort Lauderdale, Florida. Comprising 218 apartment homes and seven office units that comprise 7,200 square feet of space, this 7-story multifamily asset offers the opportunity to attain greater yields through implementation of a higher-tier customized modernization program that will increase returns for a new owner and also make it the community of choice given its large floor plans which average 1,047 square feet. With a 93 Walk Score, the property has access to the rapidly expanding nearby amenities and the most active employment market in Broward County.
...
AMLI Flagler Village
218 Units
440 NE 4th Avenue
Fort Lauderdale, FL  33301
Posted: 1/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 504-unit Arden Pointe apartment community located in Montgomery, AL. This asset is situated in the growing Midtown submarket offering unmatched access to both Downtown and booming East Montgomery. Built in 1974, Arden Pointe is perhaps the most well-located 70’s vintage asset in Montgomery. Boasting 504 units, there is immediate scale at the property to harness operational efficiencies with massive value add potential.
...
Under Contract
Arden Pointe
504 Units
5600 Carmichael Road
Montgomery, AL  36117
Type: Conventional
Posted: 12/10/2019
The Cushman & Wakefield Student Housing Capital Markets Team is pleased to present the exclusive listing of the Armstrong Lofts, a 30-unit, 66-bed, apartment building located adjacent to the La Salle University campus in Philadelphia, PA. The property is currently operated as a conventional apartment, leasing by the unit to non-students. Armstrong Lofts offers significant rental income upside by implementing a by-the-bed, student rental business plan.
...
Armstrong Lofts
30 Units | 66 Beds
525 Armstrong Street
Philadelphia, PA  19144
Type: Student
Posted: 10/4/2019
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire Ascent (the "Property"), a fully entitled 106 unit multifamily development site located in a Qualified Opportunity Zone ("OZ") on Monterey Bay, California - one of the highest barrier-to-entry markets in the country. Comprised of ±2.86 acres, the Property is approved as a Type-5, surface parked design and will be the first ground-up apartment community delivered to the coastal Monterey area in 32 years.
...
Ascent
2.86 Acres
1123 Broadway Avenue
Seaside, CA  93955
Type: Land
Posted: 4/24/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 431-unit Ascent at Jones Valley apartment community located in Huntsville, AL, arguably one of the hottest metros in the entire U.S, which has added over 12K jobs and $5B of capital investments since the start of 2018. This asset is situated in the rapidly-expanding Jones Valley corridor of Southeast Huntsville, with $110K+ avg. household incomes, direct access to top schools, retail, and other amenities close by. Built in 1978, Ascent at Jones Valley offers an outstanding opportunity to invest in a proven value-add asset in a top-5 U.S. market for rent growth.
...
Ascent at Jones Valley
431 Units
1225 Willowbrook Drive
Huntsville, AL  35802
Type: Conventional
Posted: 3/12/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ascot Place - 304 units located in Birmingham, AL, which has experienced 30,000+ new jobs and $2B+ in capital investments over the past three years. Ascot Place is conveniently located less than 10 miles from downtown Birmingham and is a short drive to northeast Birmingham's largest employers, Kamtek, Sterilite, and several other transportation and manufacturing operations. The area immediately surrounding Ascot Place has seen significant economic growth over the past few years, most notably the development of Autocar's $120M facility delivered in 2018. Built in 1972/1986, Ascot Place offers an excellent opportunity to invest in a cash flowing asset with a proven-out value add campaign.
...
Ascot Place
304 Units
544 Gadsden Highway
Birmingham, AL  35235
Posted: 1/17/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ashford 2788, a 297-unit apartment community, which has recently received significant capital infusions, and is located in Atlanta’s rapidly developing Upper Westside. Ashford 2788 is positioned to greatly benefit from the continued investment into West Midtown and the Upper Westside that has established itself as a rapidly evolving employment and entertainment hub with unparalleled access to all of Atlanta’s major job nodes. The asset’s Upper Westside location benefits from millions of square feet of new office and retail space, bringing in a wave of population growth with a minimal new construction pipeline. Ashford 2788’s strategic value-add scope provides renters with the premium choice for a renovated apartment while leaving ownership material upside via continued implementation of the in-place renovation scope.
...
Under Contract
Ashford 2788
297 Units
2788 Defoors Ferry Road
Atlanta, GA  30318
Type: Conventional
Posted: 1/14/2020

The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of the 130-unit Aspen Chase apartment community located in Indianapolis, IN. This asset is strategically-located on the northwest side of Indianapolis giving residents convenient access to employers, the Indianapolis International Airport and booming downtown Indianapolis. Built in 1981, Aspen Chase offers an outstanding opportunity to invest in value add potential close to amenities and employers.

Aspen Chase is a 1980’s built, 130-unit, well-located apartment community on the northwest side of Indianapolis. The northwest rental submarket has been strong, with an average submarket occupancy rate of 93% and rent growth of 3.6% in 2018. The property’s occupancy is also strong, with current occupancy at 93.1%.

The community offers an attractive mix of one and two-bedroom flats and two and 3 bedroom townhomes. Constructed in 1981 by the respected developer the Gene B. Glick, the community consists of fourteen two-story apartment buildings situated on 10.05 wooded acres. In addition to its quiet, wooded setting, community amenities include a swimming pool with sun deck, two on-site laundry centers and available covered parking. Units feature attractive floor plans ranging in size from 700 to 1,200 square feet. Unit features vary by floor plan but include patios or balconies, walk-in closets, wood-burning fireplaces and outside storage closets. All townhome units include washer/dryer hookups.

...
Aspen Chase at Eagle Creek
130 Units
5340 Acorn Lane
Indianapolis, IN  46254
Posted: 9/5/2019