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 and ready for construction and situated within an opportunity zone. The developer brings with them a well-established and successful track record in the market.
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505 S 5th Street
0.55 Acres
505 S 5th Street
Champaign, IL  61822
Posted: 12/18/2023
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.
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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.
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7 at Seven Mile Creek
129 Units
4040 Travis Dr
Nashville, TN  37211
Type:  Multifamily
Posted: 6/20/2024

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±0.98 acre, high density multifamily development site in Phoenix’s rapidly transforming Downtown located in the Opportunity Zone.

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7th Street & Buchanan
   
NWC 7th Street & Buchanan Street
Phoenix, AZ  85004
Type:  Multifamily
Posted: 9/9/2022

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".

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

Cushman & Wakefield is pleased to present the opportunity to acquire 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s).

Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with inplace cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as tremendous potential for long-term development.

Pricing & Process

The property is offered on an “as-is” basis and without a formal asking price. Upon receipt of a signed Confidentiality Agreement, qualified investors will be provided with access to due diligence materials via the Cushman & Wakefield website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

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Under Contract
85 L Street
   
85 L Street
Boston, MA  02127

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”.

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9 Chelsea Street
   
9 Chelsea Street
East Boston, MA  02128
Type:  Land
Posted: 6/4/2024
Cushman & Wakefield is pleased to present for sale, Alden Apartments, a 68-unit multifamily property located in the heart of south Minneapolis.

Originally built in 1925, Alden Apartments offers studio and 1-bedroom units with classic brownstone charm paired with modern conveniences. Fully renovated in 2018, all units include updated plumbing, hand tiled bathrooms, and kitchens featuring new stainless steel appliances, hardwood floors, cabinetry, and quartz countertops. In addition, all common area spaces including the kitchen area, fitness center, lounge, and workspace have been fully modernized. The property also includes 3,200 SF of 1st floor commercial space available for lease which can provide the next investor additional revenue.

The property is located in south Minneapolis with North Loop, Loring Park, and downtown Minneapolis all within arm’s reach. It is in close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, the Central Business District, and all Minneapolis has to offer.

OFFERING DETAILS

Alden Apartments is being sold on an “as-is” basis.

The Property is being offered without a formal asking price.

Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the properties, Cushman & Wakefield will schedule a “Call for Offers”.

Tours are now being conducted. Please contact Robert Dulin or Erin Salway directly to set up a tour, which will be scheduled by appointment only.

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Under Contract
Alden Apartments
68 Units
1205 Hawthorne Ave
Minneapolis, MN  55403
Type:  Multifamily
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.
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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.

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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 Ardmore at Bryton, a premier 288-unit multifamily community located in the heart of Huntersville, NC. Built in 2022, this Class-A asset is strategically located alongside the I-485 and I-77 interchange, the crossroads of Charlotte’s industrial hub, providing residents with a 15-minute commute to Uptown (100k+ jobs) and University City (80k jobs), with access to 212k+ jobs within a 20-minute drive. The immediate area surrounding the property is characterized by robust long-term fundamentals, including Huntersville’s impressive population growth, affluent demographics ($127K+ avg. HHI), 23M+ SF of industrial space, and top-tier retail.

Ardmore at Bryton has also continued to experience positive leasing momentum, despite construction delays, with 28 move-ins in May alone. Featuring outsized floorplans, the property currently trails top submarket competitors by $150+, ideally positioning the property to secure significant rental gains through capitalizing upon second generation leasing. Incoming ownership is presented a rare opportunity to invest in one of Charlotte’s most sought-after pockets, offering immediate upside and exceptional long-term growth fundamentals.

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Ardmore at Bryton
Offers Due:  Wednesday, July 17, 2024
288 Units
13035 Ardmore Forest Rd
Huntersville, NC  28078
Posted: 6/11/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Arlington Park at Wildwood apartment community located in Marietta, GA, one of Atlanta’s most desirable submarkets. The asset is ideally positioned within the Platinum Triangle, a rapidly expanding development hub, accounting for roughly 125K jobs and encompassing over 42M SF of office space. Additionally, major in-town job centers, including Downtown, Midtown & Buckhead, all lie with a 15-minute drive from the property. Arlington Park’s superior location provides exceptional access to The Battery & Truist Park, Atlanta’s top entertainment district, as well as multitude of other luxury lifestyle amenities. The Marietta/Cobb County submarket is home to affluent demographics as well as a competitive housing market with an average household income of $122K+ and average home value of $469K.
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Arlington Park at Wildwood
128 Units
1970 Kimberly Village Lane
Marietta, GA  30067
Type:  Multifamily
Posted: 5/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Arrowood Farms, a 181-unit, 2023-built townhome community, recently stabilized, located in desirable Clarksville, TN. Thanks to affordable housing, high quality of life, and a thriving economy, Clarksville was recently named the hottest city for relocations. Supporting Clarksville are multiple expansion announcements, including LG Chem’s investment in a $3.2B manufacturing plant, creating 860 jobs with the 2nd largest business investment in state history. Home to the 2nd largest military base in the U.S, the booming Clarksville market also benefits from its one hour proximity to Nashville.
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Under Contract
Arrowood Farms
181 Units
200 Quin Lane
Clarksville, TN  37042
Posted: 2/21/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit, Ascend Midtown apartment community located in Savannah, Richmond County, Georgia. Built in 1968, Ascend Midtown represents an outstanding opportunity for new ownership to invest in a highly capitalized property that is currently achieving $245 in-place rent premiums. Residents of the property benefit from direct access to the Victory Drive retail corridor (Whole Foods, Chick-fil-A, Starbucks, and Target). This opportunity is 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: 40K total jobs.
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Ascend Midtown
150 Units
2200 East Victory Drive
Savannah, GA  31404
Type:  Multifamily
Posted: 4/24/2024
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.
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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 372-unit portfolio of Kessler Point, The Arbors, and Azure Cove, located in Garden City, Chatham County, Georgia. Built in 1987 & 1990, these properties represent outstanding value-add opportunities that have been well-maintained, with over $5.98M spent on capital expenditures between previous and current ownership and $261 average-earned 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.
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Garden City 372 Portfolio (3 properties, 372 units)
Azure Cove
144 Units
1326 Highway 80 West
Garden City, GA  31408
Type:  Multifamily
Posted: 4/24/2024

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

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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 Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Boulder Creek
402 Units
10400 Pavilion Way
Jeffersontown, KY  40299
Type:  Multifamily
Posted: 5/22/2024
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Braddock Lee Apartments, a 258-unit asset in the prime Alexandria, Virginia submarket. Braddock Lee presents investors proven value-add upside with 27% of units fully renovated garnering rent increases of $100. The ability exists to continue or improve the existing renovation scope which would allow for additional premiums. The Property is located in Alexandria, Virginia, one of Northern Virginia’s most desirable locals, with significant retail and some of the Washington metro’s largest employers in close proximity. This creates consistent tenant demand with submarket fundamentals outperforming the broader market from both a rent growth and vacancy perspective. Braddock Lee is one of very few workforce housing assets in East Alexandria which adds to its investment appeal and allows for outsized performance. The Property has been well maintained with $3.27MM invested by current ownership, including the replacement of all roofs, limiting capital risk going forward. Braddock Lee presents investors an opportunity to acquire a well-located workforce housing asset, with proven rental upside in one of Northern Virginia’s most desirable areas.
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Braddock Lee Apartments
258 Units
2423 Menokin Dr
Alexandria, VA  22302

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.

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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.
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Under Contract
Bradshaw at Folsom Apartments
2.2 Acres
Folsom Boulevard
Sacramento, CA  95827
Type:  Land
Posted: 4/7/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 232-unit Braxton at Woods Lake apartment community located in the emerging Southeast primary market of Greenville, SC. Built in 1997, the property is situated just 3 miles East of downtown Greenville providing residents access to a plethora of retail including Whole Foods, Haywood Mall: the largest indoor mall in South Carolina, high paying jobs (110k+ within 15 minutes), and top-notch education (A rating). The immediate area surrounding the property boasts exceptional demographics with an average household income of $85k and dominant white-collar workforce (63%) further supported by 24% projected rent growth through 2027. Arriving to market achieving premiums up to $250+, Braxton at Woods Lake’s proven value presents new investors an exceptional opportunity to acquire a well-capitalized asset ($2.9M+ in CapEx since 2015). Lagging behind all competitors on a PSF basis, implementing a value-add 2.0 initiative will command the property additional premiums of $215+ to set the property in line with top of market competitors.
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Under Contract
Braxton at Woods Lake
232 Units
412 Woods Lake Road
Greenville, SC  29607
Type:  Multifamily
Posted: 5/15/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 15.10-acre Brentwood Multifamily Development Site in Nashville, TN. The site is entitled by-right for multifamily and fully designed with permits in hand for 233 apartment units across six 4 and 4/5 split-story buildings. The majority of sitework has already been completed, giving the future developer a jump start on the project. Centrally located between highly desirable Nashville, Brentwood, Antioch, and Nolensville, future residents will enjoy easy commutes to these nearby employment and lifestyle centers. Within a 5-minute drive of the site are 2 Krogers, 2 Walmarts, 2 Walgreens, a Sprouts, a Publix, and more. The greater Nashville multifamily market is one of the hottest markets in the country, with average Class A rents expected to exceed $2K by the end of 2023. The Brentwood Multifamily Development Site presents a unique opportunity to promptly go vertical on a top-tier site in a premium suburban Nashville market.
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Under Contract
Brentwood Multifamily Development Site
15.1 Acres
101 Zermatt Avenue
Nashville, TN  37211
Type:  Land
Posted: 10/4/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 34-unit, Brixton Place apartment community located in a booming pocket of Mobile, AL, with $83K average household incomes within one mile of the property. This asset is strategically located with convenient access to Downtown Mobile and the surrounding economic drivers – 3 miles from I-65. Built in 1965, Brixton Place offers an outstanding opportunity to invest in an asset that is arriving to market 94% occupied with compelling performance trends and significant rental upside potential via targeted interior upgrades supporting $420+ premiums.
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Brixton Place
34 Units
111 Catherine St
Mobile, AL  36604
Type:  Multifamily
Posted: 6/12/2024