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

946 MLK is 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.

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Under LOI
946 MLK
20 Units
946 Dr. Martin Luther King Jr. St.
Indianapolis, IN  46202
Posted: 11/7/2019

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.
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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
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit, Abbotts Run apartment community located in Wilmington, North Carolina. This asset is positioned in a highly-educated, affluent demographic region between UNCWilmington, The Port of Wilmington, and Wilmington International Airport with immediate access to the Coastal City’s major roadways. Delivered in 2002, Abbotts Run recently received a $3.5 million capital infusion which included common area renovations, a state-of-the-art clubhouse, and unit interior upgrades. Since completion in April 2016, this targeted initiative has proven to see a 38% increase in rental rates. Despite this impressive growth, the market indicates there is an opportunity for a value add 2.0 program as average rental rates trail comparable properties by $280, resulting in a potential to boost annual NOI by 14%.
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Under LOI
Abbotts Run
264 Units
511 Cobblestone Drive
Wilmington, NC  28405
Type: Conventional
Posted: 10/7/2019
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.
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Under Contract
Accent Cumberland (U/C)
282 Units
521 Great Circle Road
Nashville, TN  37228
Posted: 4/26/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 362-unit Cartersville Portfolio located in Cartersville and Adairsville, Bartow County, Georgia. These assets are situated in rapidly-expanding northwest suburban Atlanta with proximity to the prolific I-75 accelerated growth corridor. Built in the early to later 2000s, these nine sets of properties represent a rare opportunity to establish a substantial investment footprint in one of Atlanta’s northwest expansion areas where the population is projected to increase by 30% through 2050.
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Cartersville Portfolio (9 properties, 362 units)
Alexandria Landing
76 Units
370 Old Mill Road
Cartersville, GA  30120
Posted: 5/22/2019
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.

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Aliro
869 Units
14000 Biscayne Blvd
North Miami, FL  33181
Posted: 5/7/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 140-unit Alturas Embry Hills apartment community located in northeast metropolitan Atlanta, DeKalb County, Georgia. This asset is situated within 1 mile of I-85 and I-285, just 2.6 miles southeast of one of Atlanta’s transformational redevelopments, Assembly Yards, a transit-connected residential/business hub with a new film and television studio. Built in 1967, Alturas Embry Hills offers an outstanding opportunity to invest in a well-located and solid-performing asset with both property and market supported value-add potential.
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Alturas Embry Hills
140 Units
3544 Old Chamblee-Tucker Road
Doraville, GA  30340
Type: Conventional
Posted: 10/2/2019

The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present AM 1980, a brand new, mixed-use development with 132 apartment homes and 6,245 sf of ground-floor retail. Completed in 2018, AM 1980 is the premier, boutique luxury building in the rapidly-growing West Bucktown neighborhood. Located at the nexus of Milwaukee and Armitage Avenues, where 20,000 and 12,000 vehicles pass each day, the development is in a prime retail corridor. Adjacent to the CTA blue line, AM 1980 gives tenants unparalleled access to both downtown and O’Hare. The sub-market has incredible demographic trends and significant barriers to entry for new construction. AM 1980 is an outstanding opportunity to acquire a core investment in one of the premier locations in Chicago.

  • Strong Resident Base
  • Transit-Oriented Development
  • Developed and Constructed by the Best
  • A Dynamic Neighborhood That Continues to Rise
  • High Barrier to Entry Location

For access to confidential documents, please register at: am1980cushwake.com
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AM 1980
132 Units
1980 North Milwaukee Avenue
Chicago, IL  60647
Type: Conventional
Posted: 8/30/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Arlington Park - 252 units located in Mobile, Alabama. The subject is situated in the affluent West Mobile submarket, just south of Airport Boulevard, with $100K+ HH incomes and state-ranked schools. The immediate area is home to key economic drivers such as Providence Hospital (1,540 jobs), University of South Alabama (16,440+ students), Mobile Regional Airport, and over 1.5 million square feet of quality retail within a 2-mile radius. Constructed in 2001, Arlington Park offers the investor quality product well below replacement cost with excellent in-place cash flow that is primed for a full-scale value add campaign.
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Arlington Park
Offers Due:  Tuesday, December 10, 2019
252 Units
7070 Grelot Road
Mobile, AL  36695
Type: Conventional
Posted: 10/29/2019
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.
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Armstrong Lofts
30 Units | 66 Beds
525 Armstrong Street
Philadelphia, PA  19144
Type: Student
Posted: 10/4/2019
Institutional Quality Asset within the Innovative Space Coast

Cushman & Wakefield, as exclusive advisor, is pleased to present Ascend at 95 - a 300-unit, Class A garden residential asset. The property is comprised of 12, 3-story garden buildings with a combined average unit size of 977 square feet. Appropriately named, Ascend at 95 is less than ½ mile from I-95 and directly visible to over 160,000 cars daily. Located on Florida’s Space Coast, the area is known for its dynamic job growth and access to some of the top tech and space innovators such as Lockheed Martin, Northrop Grumman, Blue Origin and L3 Harris. Completed in September 2019, the property sets the standard for luxury apartment living with market leading finishes and amenities.

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Ascend at 95
300 Units
110 Sagecrest Circle, West
West Melbourne, FL  32904
Type: Conventional
Posted: 9/9/2019

Cushman & Wakefield’s Senior Housing Capital Markets Group, has been exclusively retained to sell The Las Vegas Active Adult Portfolio, a three-community portfolio containing 620 newly renovated units designed to appeal to seniors seeking an active lifestyle. The Portfolio is a concentrated critical mass - at a discount to replacement cost - poised to capitalize on the tremendous demographic and macro trends including a rapidly aging population broadly and a booming increase in older renters.

We are offering this portfolio for sale without an asking price, and will be conducting tours over the coming weeks with a call-for-offers to follow shortly thereafter. C&W respectfully requests that interested parties refrain from contacting any on site personnel or residents.

Click here to access the details of the Las Vegas Active Adult Portfolio.

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Las Vegas Active Adult Portfolio (3 properties, 0 acres)
Attiva Court
   
3210 S. Sandhill Rd.
Las Vegas, NV  89121
Type: Senior
Posted: 9/9/2019

Cushman & Wakefield’s Senior Housing Capital Markets Group, has been exclusively retained to sell The Las Vegas Active Adult Portfolio, a three-community portfolio containing 620 newly renovated units designed to appeal to seniors seeking an active lifestyle. The Portfolio is a concentrated critical mass - at a discount to replacement cost - poised to capitalize on the tremendous demographic and macro trends including a rapidly aging population broadly and a booming increase in older renters.

We are offering this portfolio for sale without an asking price, and will be conducting tours over the coming weeks with a call-for-offers to follow shortly thereafter. C&W respectfully requests that interested parties refrain from contacting any on site personnel or residents.

Click here to access the details of the Las Vegas Active Adult Portfolio.

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Las Vegas Active Adult Portfolio (3 properties, 0 acres)
Attiva Valley View
   
1600 S. Valley View Blvd.
Las Vegas, NV  89102
Type: Senior
Posted: 9/9/2019

Cushman & Wakefield’s Senior Housing Capital Markets Group, has been exclusively retained to sell The Las Vegas Active Adult Portfolio, a three-community portfolio containing 620 newly renovated units designed to appeal to seniors seeking an active lifestyle. The Portfolio is a concentrated critical mass - at a discount to replacement cost - poised to capitalize on the tremendous demographic and macro trends including a rapidly aging population broadly and a booming increase in older renters.

We are offering this portfolio for sale without an asking price, and will be conducting tours over the coming weeks with a call-for-offers to follow shortly thereafter. C&W respectfully requests that interested parties refrain from contacting any on site personnel or residents.

Click here to access the details of the Las Vegas Active Adult Portfolio.

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Las Vegas Active Adult Portfolio (3 properties, 0 acres)
Attiva Winterhaven
   
3300 Winterhaven St.
Las Vegas, NV  89108
Type: Senior
Posted: 9/9/2019

Autumn Trails, built in 1987, is a 165 unit apartment community located on the suburban east side of Indianapolis The community is situated on 9 acres and has 24 single story residential buildings. The property offers an attractive unit mix of studios, 1 and 2 bedroom units with private entries.

The property has undergone major capital expenditures in the last few years including all new metal roofs, the majority of the siding replaced, many new appliances and cabinets and the parking lot resealed and striped. The lack of immediate capital needs allows the new owner the ability to focus on property upgrades that will increase revenue.

Autumn Trails is located just north of 38th street and immediately east of I-465 off Franklin Road on the city’s suburban east side. The location provides convenient access to dining, shopping and employment.

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Autumn Trails
Offers Due:  Thursday, December 12, 2019
165 Units
7981 Red Mill Drive
Indianapolis, IN  46226
Posted: 10/8/2019
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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Under LOI
Aventura Crossing
   
19301 W Dixie Hwy
Miami, FL  33180
Posted: 1/7/2019
The Cushman & Wakefield Multifamily Advisory Group is pleased to present Bay Harbor Collection, a fully renovated apartment rental in the heart of the highly desirable Bay Harbor Islands neighborhood. The property is in excellent condition. Ownership spent over $2 million in improving the property including upgrading all units with hurricane-impact windows, new doors, 18x18 tiled floor, new kitchen cabinets and countertops, updated air conditioners and updated bathroom vanities and tile. The buildings were recently painted and all handrails and pool fencing were replaced. The 33 units are spacious in size averaging 838 square feet including 1 studio, 23 one-bedrooms, 8 two-bedrooms and 1 three-bedroom. The 60,000 square foot site allows for multiple uses including rental, short-term rental, condo conversion or redevelopment.

The 33-unit Bay Harbor Collection is being offered as is. No offers will be entertained for a portion of the portfolio. However, Bay Harbor Collection can be purchased as part of a greater portfolio including four properties and totaling 133 units. For more information please contact Calum Weaver or Perry Synanidis.

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Bay Harbor Collection
33 Units
9770-9800 E Bay Harbor Drive | 1050 98th Street
Bay Harbor Islands, FL  33154
Type: Conventional
Posted: 9/19/2017

We're happy to present Stoneridge East and Bedrock East Apartments, a two property portfolio totaling 54 units located on Queen City Ave in Cincinnati. The properties are less than a ½ mile from each other and have been very well maintained by original owners family who built the properties. Great location near major retail and only a 15 minute drive to Downtown Cincinnati or to University of Cincinnati and major medical facilities.

Please contact Don Murphy or Jordan Murphy for the full Offering Memorandum.

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Stoneridge & Bedrock East (2 properties, 54 units)
Bedrock East
24 Units
3000-3010 Queen City Ave
Cincinnati, OH  45238
Type: Conventional
Posted: 3/12/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Bell Coconut Creek (the “Property”) —a 366 unit, value-add multifamily asset located in Coconut Creek, Florida. The property is comprised of 30% 1-bedrooms, 44% 2-bedrooms, and 27% 3-bedrooms and has maintained an average occupancy of over 97% over the last two years. Built in 1998 and featuring 9’ ceilings, Bell Coconut Creek received an extensive capital infusion including a renovated clubhouse, expanded fitness center, upgraded amenities, new landscaping and modest in-unit renovations. Cushman & Wakefield forecasts additional in-unit renovations to include quartz countertops, backsplash, new cabinet pulls, and hard-surface flooring in the bedrooms. The property has excellent drive-by visibility, with 37,500 cars daily along Hillsboro Boulevard and 110,000 cars along Florida’s Turnpike. The central Coconut Creek location is a magnet for employees working in the area’s largest employment centers, such as Boca Raton, Cypress Creek, Plantation, Sunrise, and Fort Lauderdale. In addition, the property is one mile east of Lyon Technology Park, with 766,000 square feet of industrial and flex space.

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Bell Coconut Creek
366 Units
3600 West Hillsboro Boulevard
Coconut Creek, FL  33073
Posted: 10/1/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Dothan 336 Portfolio located in Dothan, AL. Widely regarded as the "southeastern gem" of the state, Dothan boasts an expanding medical/industrial economy and strong local job growth. The two assets are situated in convenient locations that offer easy access to beaches (appr. 80 miles), downtown, quality jobs, high-end retail and healthcare. Built in 1978-1979, the Dothan 336 Portfolio offers an outstanding opportunity to invest in high yield properties in one of the state’s top growing markets. Offers will only be accepted on the full portfolio.
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Dothan 336 Portfolio (2 properties, 336 units)
Bella Trace
68 Units
6225 Walden Drive
Kinsey, AL  36303
Posted: 12/5/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 88-unit Bent Creek Colony apartment community located in southwest metropolitan Atlanta, Fulton County, Georgia. Strategically situated less than four miles northwest of Hartsfield-Jackson International Airport, this 1970-built asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Bent Creek Colony offers an outstanding opportunity to invest in a strong-performer with proven value-add potential.
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Under Contract
Bent Creek Colony
88 Units
2039 Bent Creek Way SW
Atlanta, GA  30311
Type: Conventional
Posted: 7/18/2019

The Berkley Riverfront location is a prime downtown development opportunity in Kansas City, Missouri, serviced by the new Riverfront Drive and bounded by the Kit Bond and Heart of America bridges. With nearly a mile of frontage on the Missouri River, the site is a destination unto itself. Its outstanding synergistic potential is affirmed through connections to adjacent neighborhoods in the River Market and Columbus Park.

The master-planned development for the 85-acre riverfront site calls for the creation of a world-class urban village with OVER FIVE MILLION SQUARE FEET OF OFFICES, RESIDENTIAL AND RETAIL SPACE, along with entertainment and cultural amenities. Sites ranging from less than two acres to 15 acres are available for immediate development, with grading, engineered fill, and utilities to be delivered to the sites. The master plan envisions a pedestrian-friendly, mixed-use environment with density, a FAR of 10 and building heights up to 130 feet.

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Berkley Riverfront Sites
85 Acres
1298 E Riverfront Road
Kansas City, MO  64120
Type: Land
Posted: 6/5/2019