The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit, 86 North apartment community located in Chapel Hill, NC. Built in 1985, the property offers an outstanding opportunity to invest in a solid performing asset within the economic powerhouse of the Triangle MSA, strategically located in a highly educated, affluent submarket with an average HHI of +$112,000 in a 1-mile radius. Average rents at 86 North are approximately $480 lower than its immediate Class A competition and trails submarket comparable properties by $170, providing incoming ownership with a market-driven, value-add landscape to bring competitive rents to the market while capturing half of the rent ceiling. In addition, current ownership has paved the path to a feasible value-add program by renovating 4 trial units which are already receiving $145 premiums over standard units.
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86 North
144 Units
200 Westminster Drive
Chapel Hill, NC  27514
Type: Conventional
Posted: 2/7/2019
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.

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90th St & Raintree Drive
4.66 Acres
N/NWC 90th Street & Raintree Drive
Scottsdale, AZ  85260
Type: Land
Posted: 1/15/2019
The Cushman & Wakefield Multifamily Advisory Group is pleased to present 925-965 Marseille Drive, a renovated apartment rental on Normandy Isle in Miami Beach. The property recently completed a renovation including exterior upgrades such as enhanced landscaping, hurricane-impact windows and new gate as well as interior upgrades including ceramic tiled floor, new kitchen cabinets and countertops, updated air conditioners and updated bathroom vanities and tile. The 27 units are all one bedroom units averaging 700 square feet. Although the property is offered on an individual basis, there is an opportunity to acquire a total of 76-units in the immediate area surrounding the property, a very rare critical mass opportunity for North Beach.
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925-965 Marseille Drive
27 Units
925-965 Marseille Drive
Miami Beach, FL  33141
Type: Conventional
Posted: 9/20/2017
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Lux South Beach, the most luxurious art-deco apartment rental portfolio in the heart of South Beach. Lux South Beach totals 104 units and has been gut renovated with over $7 million in capital improvements. You will not find a more desirable boutique rental on South Beach. Lux South Beach is 98.1% occupied (102 out of 104 units) with gross rents totaling over $2.06M. The 104-unit portfolio represents an unprecedented opportunity to acquire a critical mass of apartment units in the heart of South Beach that do not require costly and protracted renovations.
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Lux SOBE (6 properties, 104 units)
942 Lenox Ave
18 Units
942 Lenox Ave
Miami Beach, FL  33139
Posted: 3/5/2019

The Downtown Indy Portfolio consists of 3 properties totaling 100 units built by Bloomington, Indiana based developer Cedarview. Two of the three buildings (632 MLK and 946 MLK) are located on the campus of IUPUI providing walkability not only to the buildings of the University but also to the incredible perks of living downtown.

The third property, The Delaware, is located within the historic neighborhoods of Fall Creek Place and Herron-Morton providing proximity to downtown with all the benefits of a more residential setting. These very popular neighborhoods are experiencing a boom in new singlefamily home construction/renovation with prices that can exceed $1 million.

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Indy Downtown Portfolio (3 properties, 100 units)
946 MLK
20 Units
946 Doctor M.L.K. Jr Street
Indianapolis, IN  46202
Type: Conventional
Posted: 2/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 72-unit Aiken Grand senior LIHTC apartment community located in Warrenville, SC, which is part of the greater Augusta, GA MSA. This asset is situated along the access-oriented West Aiken corridor, convenient to retail and medical and highly accessible to both Aiken and Augusta job markets. Eligible in 2019 to convert to market rate, Aiken Grand offers a unique two-prong opportunity to invest in a newer-vintage, tax credit asset that is ready to phase out of LIHTC and benefit from significant value-add investment and imminent rent growth.
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Aiken Grand
72 Units
115 Timmerman Street
Warrenville, SC  29851
Type: LIHTC
Posted: 9/19/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,546-unit Southeast Value-Add Portfolio located in high-growth submarkets throughout the Southeast. The portfolio represents the opportunity to immediately establish or supplement a strong investment platform in top markets. With prime locations and stable cash flows, these six assets offer an outstanding opportunity to invest in a proven value-add program and are poised for additional future rent growth.
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Southeast Value-Add 6 Portfolio (6 properties, 1,546 units)
Amber Mill
Offers Due:  Wednesday, March 27, 2019
264 Units
2906 Old Norcross Road
Duluth, GA  30096
Type: Conventional
Posted: 2/14/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 448-unit Anzio apartment community located in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, Georgia, one of the fastest growing counties in the nation for more than two decades. This asset is situated in a high barriers-to-entry submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily, occupancy and rent have continued to climb, leading to a strong historical property performance. With demand for upgraded interiors evident in the submarket and at the subject, Anzio is an excellent opportunity to acquire a proven value-add investment.
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Under Contract
Anzio
448 Units
3100 Sweetwater Road
Lawrenceville, GA  30044
Type: Conventional
Posted: 11/13/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 512-unit Midtown Montgomery Portfolio located in the desirable East submarket of Montgomery, Alabama. East Montgomery offers direct connectivity to Downtown, and is producing the bulk of Montgomery’s development. The metro experienced strong economic growth in 2016, bringing in $411M of capital investment and 2,000 new jobs. These assets are surrounded by some of the metro’s primary job/retail cores, such as AUM, Baptist Health, and The Shoppes at Eastchase. With value add potential across the board and strong locations, the Midtown Montgomery Portfolio is in a prime position for growth for the next investor.
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Under LOI
Midtown Montgomery Portfolio (2 properties, 512 units)
Arbor Station
288 Units
2495 Meadow Ridge Ln
Montgomery, AL  36117
Type: Conventional
Posted: 6/2/2016

Arbors at Evansville North/South are adjacent multifamily properties situated on 22 acres. The two communities combined have 271 units of both garden and townhome style residences. To achieve economies of scale and other cost sharing benefits, the current owner, a California-based private equity group, began running the properties together in the summer of 2016. The new owner can continue to run the properties together or once again run them as individual properties. The properties are being offered together or can be purchased separately.

An added option to this acquisition could be the purchase of Arbors at Red Bank an 88 unit property making the potential portfolio total 359 units. Arbors at Red Bank is approximately 10 miles from the Arbors at Evansville North/South. It has eleven two-story residential buildings with multiple floor plans. The additional units could offer significant economies of scale by sharing staffing and marketing resources..

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Evansville Portfolio (3 properties, 359 units)
Arbors at Red Bank
88 Units
4909 Sunnyside Court
Evansville, IN  47712
Type: Conventional
Posted: 3/13/2019

Arbors at Evansville North/South are adjacent multifamily properties situated on 22 acres. The two communities combined have 271 units of both garden and townhome style residences. To achieve economies of scale and other cost sharing benefits, the current owner, a California-based private equity group, began running the properties together in the summer of 2016. The new owner can continue to run the properties together or once again run them as individual properties. The properties are being offered together or can be purchased separately.

An added option to this acquisition could be the purchase of Arbors at Red Bank an 88 unit property making the potential portfolio total 359 units. Arbors at Red Bank is approximately 10 miles from the Arbors at Evansville North/South. It has eleven two-story residential buildings with multiple floor plans. The additional units could offer significant economies of scale by sharing staffing and marketing resources..

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Evansville Portfolio (3 properties, 359 units)
Arbors of Evansville - North
150 Units
1320 Lee Court
Evansville, IN  47714
Type: Conventional
Posted: 3/13/2019

Arbors at Evansville North/South are adjacent multifamily properties situated on 22 acres. The two communities combined have 271 units of both garden and townhome style residences. To achieve economies of scale and other cost sharing benefits, the current owner, a California-based private equity group, began running the properties together in the summer of 2016. The new owner can continue to run the properties together or once again run them as individual properties. The properties are being offered together or can be purchased separately.

An added option to this acquisition could be the purchase of Arbors at Red Bank an 88 unit property making the potential portfolio total 359 units. Arbors at Red Bank is approximately 10 miles from the Arbors at Evansville North/South. It has eleven two-story residential buildings with multiple floor plans. The additional units could offer significant economies of scale by sharing staffing and marketing resources..

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Evansville Portfolio (3 properties, 359 units)
Arbors of Evansville - South
121 Units
3600 Covert Avenue
Evansville, IN  47714
Type: Conventional
Posted: 3/13/2019

Cushman & Wakefield is pleased to offer ARCADIA 4127, a 258-unit, fully renovated, garden-style community located in the highly desirable Arcadia neighborhood of Phoenix, Arizona. The current owners have spent approximately $7,000,000 ($27,000 per unit) completely transforming Arcadia 4127, creating a high quality, affordable living environment in one of Phoenix’s best neighborhoods. This outstanding location offers residents immediate access to employment, shopping and dining at some of the Phoenix area’s best restaurants. The entertainment district of Downtown Scottsdale is only minutes away to the east of Arcadia 4127.

Arcadia 4127 offers residents two swimming pools, a spa, outdoor barbecue grills, a fire pit, leasing office, fitness center, two elevators, gated access, covered parking and on-site laundry facilities. Interior amenities include washer/dryers (in select units), quartz countertops, under-mount sinks, stainless steel appliances, pantries, walk-in closets, hardwood-style flooring, new lighting fixtures, upgraded carpeting in bedrooms, ceiling fans and vertical blinds. Select units feature fireplaces, private balconies/patios and views of Camelback Mountain. Arcadia 4127 has been completely renovated by the current owners, including common areas, amenities, building exterior, mechanical systems and all 258 unit interiors.

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Arcadia 4127
258 Units
4127 East Indian School Road
Phoenix, AZ  85018
Type: Conventional
Posted: 2/2/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 252-unit Arlington Park apartment community located in Mobile, Alabama. This asset is situated in West Mobile, just south of Airport Boulevard, one of the Metro’s most affluent locations with average HH incomes of $75K and a constrained multifamily market. As Alabama’s only port economy, Mobile is attracting top companies such as Walmart, Amazon, and Airbus (4,000+ new jobs coming). Built in 2001 utilizing quality construction and massive floor plans, Arlington Park is in prime position to undergo a full-scale value add campaign to the almost all original interiors.
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Arlington Park
252 Units
7070 Grelot Road
Mobile, AL  36695
Type: Conventional
Posted: 8/28/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 371-unit Ashford East Village apartment community located in Atlanta, DeKalb County, GA. Atlanta is experiencing a surge in new jobs and corporate relocations, accounting for more than 26K jobs in the city-center. Via MARTA and proximity to major interstates, Ashford East Village's location within East Atlanta offers residents easy commutes to employment nodes throughout the metro. Following in the wake of the economic explosion occurring in Midtown, Old Fourth Ward, and Inman Park, the subject is located within the path of progress fueling East Atlanta's revitalization. Ashford East Village presents an opportunity to acquire a true value-add property in a submarket lacking high-quality, affordable multifamily options.
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Ashford East Village
371 Units
1438 Bouldercrest Road
Atlanta, GA  30316
Type: Conventional
Posted: 1/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of two perfectly primed, late-70s vintage value-add assets in metropolitan Atlanta. Retreat at Marketplace has 330 units in the rapidly expanding aerotropolis district. Ashland Lakeview is a 255-unit community embedded in more than 7M SF of industrial space and offers strategic connectivity to Emory’s ‘Eds and Meds’ corridor. This is an outstanding opportunity to invest in two high-growth submarkets positioned for immediate and long-term returns.
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Under Contract
Retreat at Marketplace & Ashland Lakeview (2 properties, 585 units)
Ashland Lakeview
255 Units
200 Summit Lake Drive
Stone Mountain, GA  30083
Type: Conventional
Posted: 10/15/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit, Ashton Oaks apartment community located in Winston-Salem, NC. The asset is situated one mile from the city’s top employer, Wake Forest University, in the desirable North Winston-Salem submarket, boasting a renter population of 84%. Built in 1988, Ashton Oaks offers an outstanding opportunity for an impactful 38% boost to NOI through multiple revenue streams including a water/sewer submetering program and a proven value-add initiative.
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Under Contract
Ashton Oaks
288 Units
2030 Northcliffe Drive
Winston-Salem, NC  27106
Type: Conventional
Posted: 11/14/2018

Cushman & Wakefield is pleased to offer a long-term, prepaid ground lease on 2.4 net acres designated for high-density multifamily development with ground floor retail. The property is within the much anticipated first phase of the ASU Athletic Facilities District ("the District"), 330 acres of University-owned property that will be transformed into a world-class, master planned urban community featuring approximately 3.5 million square feet of office space, 3,300 residential units, 260,000 square feet of petestrian-oriented retail and 600 hotel rooms. The District will also feature a mix of new and renovated state-of-the-art NCAA athletic facilities.

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Under Contract
ASU Athletic Facilities District
2.4 Acres
SWC Rural Road & Sixth Street
Tempe, AZ  85281
Type: Land
Posted: 8/11/2016
The AVR 13 Property Portfolio is a once-in-a-cycle opportunity to establish Class A presence in the nations’ highest growth region. Consisting of 3,760 units across 4 states with an average vintage of 2013, this unique opportunity is being offered for sale as a portfolio and an individual basis. The portfolio features highly attractive assumable debt at below today’s market rates. The highly synergistic blend of garden, midrise, and highrise product are located in top-tier urban and suburban locations that are embedded in premiere demographics and are all highly retail and access oriented. Each property exemplifies best-in-class construction by acclaimed developers such as Wood Partners, Hines, Novare Group and Greystar.
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Under Contract
AVR Portfolio (13 properties, 3,760 units)
Atlantic at Parkridge
298 Units
356 Lake Murray Boulevard
Irmo, SC  29063
Type: Conventional
Posted: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Pascagoula 3 Portfolio, which is comprised of 304 total units located in Pascagoula, Jackson County, Mississippi. The 3 assets are situated within 1.5 miles from one another in a central location of Pascagoula near schools, beaches, and employment opportunities. Built between 1969-1971, the portfolio offers an outstanding opportunity to invest in value add assets that are poised to take advantage of tighter expense controls, economies of scale, and economic activity in the area.
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Pascagoula 3 (3 properties, 304 units)
Autumn Trace
72 Units
3000 Brazil Street
Pascagoula, MS  39581
Posted: 10/16/2018
The Cushman & Wakefield Southeast 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. Avalon is minutes from key employers and job hubs as well as premier retail. With roughly $3M ($29K/unit) in strategic capital improvements, current ownership upgraded every aspect of the property, allowing new ownership to focus on a minor value-add program to maximize portfolio value.
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Avalon
102 Units
13047 Florida Boulevard
Baton Rouge, LA  70815
Type: Conventional
Posted: 7/19/2018
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to develop Aventura Crossing (the “Site”): a 2.04-acre residential development project located immediately across from the Aventura Mall in the prestigious Aventura submarket. Aventura Crossing offers developers the chance to construct up to 387 units (90 residential units per acre) in an up to 12-story configuration, located in the heart of the affluent Biscayne Corridor — surrounded by Aventura, Bal Harbour and Sunny Isles Beach.
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Aventura Crossing
   
19301 W Dixie Hwy
Miami, FL  33180
Posted: 1/7/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky are excited to present the exclusive listing of the 300-unit Axis on Lexington community in Louisville, Jefferson County, Kentucky. Completed in November 2017 and representing the ultimate in downtown living, Axis on Lexington is embedded in one of Louisville’s trendiest urban neighborhoods. With Louisville catalyzed by heightened economic activity, population and job growth are projected to continue for the foreseeable future. Population is projected to expand 20% by 2040, while jobs are projected to increase by nearly 10% by 2022. Axis on Lexington will be able to capitalize on this growth and provides investors a rare opportunity to own one of Louisville’s newest assets.
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Axis on Lexington
300 Units
303 Axis Drive
Louisville, KY  40206
Type: Conventional
Posted: 6/11/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Pascagoula 3 Portfolio, which is comprised of 304 total units located in Pascagoula, Jackson County, Mississippi. The 3 assets are situated within 1.5 miles from one another in a central location of Pascagoula near schools, beaches, and employment opportunities. Built between 1969-1971, the portfolio offers an outstanding opportunity to invest in value add assets that are poised to take advantage of tighter expense controls, economies of scale, and economic activity in the area.
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Pascagoula 3 (3 properties, 304 units)
Azalea Park
128 Units
3015 Eden Street
Pascagoula, MS  39581
Posted: 10/16/2018