Caleres
   
8300 Maryland Avenue
St. Louis, MO  63105
Posted: 5/18/2021

The Cushman & Wakefield Idaho Multifamily Advisory Group is pleased to present a one-of-a-kind opportunity to own an exceptional mixed-use property in the heart of the up-and-coming rental market of Missoula, MT. Presenting Cambium Place, a captivating development boasting 69 luxurious apartments and 31,920 square feet of prime commercial space.

Located within the highly sought-after Old Sawmill District, this property is surrounded by a vibrant community that includes condos, a cutting-edge technology campus, student living options, townhomes, single-family homes, Class A offices, charming retail establishments, and top-notch brew-pubs, coffee shops and restaurants.

Boasting a fully occupied status and an overwhelming demand, Cambium Place even has a wait-list in place. Showcasing exceptional potential, this property offers the option to further increase its value through paid underground parking and implementing a resident utility bill-back system.

Offering a unique blend of modern living and a thriving commercial environment, Cambium Place is an unparalleled investment opportunity. Don’t miss your chance to own this remarkable property in a rapidly growing market.

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Cambium Place
69 Units
945 Wyoming Street
Missoula, MT  59801
Type:  Multifamily
Posted: 8/16/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Cambridge Park, 200 units located in Pascagoula, MS. Pascagoula is part of the Biloxi-Gulfport-Pascagoula MSA, the second largest metro area in the state. The city experienced 9.6% rental growth over the past 12 months and is home to numerous major employers including Ingalls (11,500 jobs) and a Chevron Refinery (1,500 jobs). Built in 2002, Cambridge Park represents an outstanding opportunity to invest in a high performing LIHTC asset at an attractive basis well below replacement cost.
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Cambridge Park
200 Units
3414 Shortcut Road
Pascagoula, MS  39581
Type:  Multifamily
Posted: 9/8/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Palmier – 112 units in Mobile, AL, and Camille Village – 86 units in Pass Christian, MS. Each asset is located within high-growth submarkets of the Mobile MSA and Mississippi Gulf Coast, where there has been remarkable rent growth of 20%+ in the last three years. The Mobile, AL economy is anchored by the Port of Mobile which supports 350,000+ jobs and has an annual economic impact of nearly $100 billion across the State. The Mississippi Gulf Coast touts stability with an economy deeply rooted in the military, healthcare, manufacturing Industries. Both Palmier and Camille Village arrive to market on the heels of extensive repositioning efforts with uptrending cash flows. With the heavy legwork already completed, future ownership will benefit from quality physical plants and organic revenue growth upside.
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Palmier & Camille Village (2 properties, 198 units)
Camille Village
86 Units
640 Hurricane Circle
Pass Christian, MS  39571
Type:  Multifamily
Posted: 2/7/2024
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the St. Louis Multifamily Group, is pleased to present the exclusive listing of the Mizzou 3-Pack Portfolio, a three-property student housing community portfolio located near the University of Missouri. The Portfolio totals 593 units and 1,836 beds with build years of 2011, 2010 and 2005. This offering provides investors the opportunity to purchase a portfolio of three assets, or individually, with proven track records that are perfectly positioned for a value-add program that would generate immediate revenue streams and yield increased returns.
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Mizzou 3-Pack Portfolio (3 properties, 593 units)
Canvas Townhomes Columbia
214 Units | 654 Beds
3217 Old 63 S
Columbia, MO  65201
Posted: 10/18/2023

Cushman & Wakefield is thrilled to present the Carefree Apartments, a highly attractive multifamily asset located in the northeast submarket of Colorado Springs. This exceptional investment opportunity consists of 18 newly converted units offering investors a chance to acquire a deal of quality and modern features. Comprised in those 18 units are 3 studio units & 15 spacious one bed- one bath units. The Carefree Apartments presents an opportunity for investors to acquire an exceptional piece of property within minutes to the beautiful Palmer Park, UCCS & University Village dining & retail. Cushman & Wakefield is pleased to present this highly sought-after opportunity and welcomes interested investors to explore the Carefree Apartments in further detail.

Newly Renovated: Carefree Apartments was renovated back in 2022 and has since been a recognized property for it conversion from office space to a multifamily asset. The property has been a functioning and revenue generating asset since its conversion as we have seen its attractive features sell its presence amongst competing multifamily apartments in the surrounding area.

Prime Location: Carefree Apartments offers residents a desirable combination of convenience and amenities, with easy access to key transportation routes and popular attractions. The proximity to retail, I-25, UCCS, & Palmer Park ensures residents have access to a wide range of shopping, dining, entertainment & recreational opportunities.

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Carefree Apartments
18 Units
3410 North Carefree Circle
Colorado Springs, CO  80917
Type:  Multifamily
Posted: 9/13/2023
Under Contract
Stillwater Value-Add Porfolio (4 properties, 289 units)
Carleton Crossing
85 Units
1001 N Perkins Rd
Stillwater, OK  74075

Cushman & Wakefield's Manufactured Housing Group is pleased to present the exclusive listing of Carlton Heights a manufactured housing community in Sturgeon Bay, WI. The Park consists of 43 Tenant-Owned homes, and 1 Single- Family Home. The Park offers investors the compelling opportunity to acquire a value-add community with demonstrated rent increases and the ability to immediately raise revenue.

Carlton Heights is located in beautiful Sturgeon Bay, named one of the top 10 happiest Seaside Towns in the U.S. by Coastal Living Magazine. The community is situated between vineyards, is less than 2 miles from the shore of Lake Michigan. Door County offers more miles of shoreline, one of the highest concentrations of lighthouses and 5 state parks, more than any other county in Wisconsin. The area offers a wide variety of outdoor recreation and is also known for its art galleries and performing arts

A significant portion of the housing supply in Door County, is occupied on a seasonal basis, leading to a greater need for workforce and seasonal housing for workers in the area's booming tourism industry. Housing prices in Door County have increased 23% in the past 24 months.

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Under Contract
Carlton Heights
44 Units
5707 W. Carlsville Road
Sturgeon Bay, WI  54235
Type:  Single-family
Posted: 8/29/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Cedar Ridge (104 Units, 1973 Build) & Greenview Meadows (109 Units, 1972 Build) located in the thriving Charlotte submarket of Gastonia. The assets are in close proximity to Gastonia’s revitalized downtown, which has experienced a resurgence due to significant investments in the FUSE District and overall corporate investment in the area. Cedar Ridge & Greenview Meadows presents a remarkable investment opportunity in the expanding Gastonia submarket, where yearly rent growth is expected to exceed 4% and average occupancy rates to remain above 95% through 2029. Offered together or separately, Cedar Ridge & Greenview Meadows provides substantial upside potential through assumable debt and continuation of the proven value add programs where renovated units are achieving $100-$236 over classic units. This offering provides investors the blueprint to continue to close the rental gap to the top of the market.
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Cedar Ridge & Greenview Meadows (2 properties, 213 units)
Cedar Ridge
104 Units
1680 Lynhaven Drive
Gastonia, NC  28052
Posted: 2/14/2024
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±43,158 square foot, high density high-rise multifamily development site in Phoenix’s rapidly transforming Central Corridor.
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Central & Mckinley
   
815-821 North Central Avenue
Phoenix, AZ  85004
Posted: 1/29/2024
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the St. Louis Multifamily Group, is pleased to present the exclusive listing of the Mizzou 3-Pack Portfolio, a three-property student housing community portfolio located near the University of Missouri. The Portfolio totals 593 units and 1,836 beds with build years of 2011, 2010 and 2005. This offering provides investors the opportunity to purchase a portfolio of three assets, or individually, with proven track records that are perfectly positioned for a value-add program that would generate immediate revenue streams and yield increased returns.
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Mizzou 3-Pack Portfolio (3 properties, 593 units)
Central House Columbia
216 Units | 632 Beds
3200 Rock Quarry Rd
Columbia, MO  65201
Posted: 10/18/2023

Cushman & Wakefield’s Multi-Family Advisory Group is please to present the opportunity to acquire Charles House Commons located in the Unionville neighborhood of Farmington, Connecticut. Charles House Commons is a fully approved 267-unit ground-up multifamily development opportunity.

The property is envisioned to contain a mix of residential apartments and townhome condominium units. The project will contain 254 flats style apartment units, offering existing and future Unionville residents a much-needed alternative to traditional housing in the area while allowing the charms of Unionville’s village center to be truly appreciated. The apartment component of Charles House Commons will include studio units, one-bedroom units and two-bedroom units. They will all feature top-of-the- line finishes including granite counters, custom cabinetry, and high-end bathroom finishes.

The townhome condominiums, totaling 13 units, will range from one-bedroom, two-bedroom, and two-bedroom plus den unit layouts and feature top-of-the-line finishes as well. In addition to extensive neighborhood amenities in Unionville, the development amenities will include a fitness center, a clubhouse, bike storage, swimming pool, riverfront trail, and a kayak launch along the Farmington River.

Farmington, Connecticut has long been known as an idyllic suburb of Hartford and home of some of the area’s most well-known institutions. Unionville, a neighborhood on the western edge of Farmington, offering the intimacy of small-town life along with access to impressive outdoor recreational opportunities and nearby employment centers. Charles House commons presents investors will a rare opportunity to enter a strong market with excellent employment access and local amenities.

Process & Pricing

Charles House Commons 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 the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.

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Charles House Commons
Offers Due:  Thursday, April 18, 2024
   
19 Perry Street
Farmington, CT  06085
Type:  Land
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±49.56-acre Chisholm Creek Development Site in Oklahoma City, Oklahoma. The property’s flexible zoning allows for high-density multifamily, high-density single family, retail, & mixed-use development. The site is just south of John Kilpatrick Turnpike and the area’s premier retail and entertainment district, Chisholm Creek. Running along the John Kilpatrick Turnpike, the Memorial Road corridor is home to some of the city’s most dynamic and sought-after retailers, as well as top employers. The multifamily market in Oklahoma City is strong, with an average of 3% rent growth projected 2024-2028 and backed by affluent demographics. The Chisholm Creek Development Site presents an exciting opportunity to embark on a dynamic mixed-use project with dense multifamily in one of the hottest areas of the city.
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Chisholm Creek Development Site
49.56 Acres
13001 N Western Ave
Oklahoma City, OK  73114
Posted: 3/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Cityscape apartment community located in Houston, Texas. Situated in the rapidly-expanding southern part of Houston, this 2022-built property emphasizes superior construction standards and premium amenities. The Property’s close proximity to the growing Texas Medical Center and other surrounding job hubs ensures steady demand. Cityscape represents an outstanding opportunity to invest in a newly-built asset with an irreplaceable, assumable HUD loan.
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Cityscape
240 Units
13351 Cityscape Ave
Houston, TX  77047
Posted: 4/9/2024
Clayton Westlake Residences
28 Units
14721 N Santa Fe
Edmond, OK  73013
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit Coastal Pointe apartment community. The asset is situated in the rapidly expanding West Mobile submarket which has experienced 35% rent growth over the past five years. Located minutes away from Airport Blvd and Interstate-10, the asset offers residents convenient access to all of Mobile’s economic job drivers, retail amenities and leisurely activities. Built in 1980, Coastal Pointe offers new ownership an outstanding opportunity to invest in a proven value-add asset offered at an extremely attractive basis with significant upside potential.
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Coastal Pointe
Offers Due:  Thursday, May 2, 2024
152 Units
608 Azalea Rd
Mobile, AL  36609
Type:  Multifamily
Posted: 3/14/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 266-unit Charlotte Value-Add Portfolio, which can be acquired together or individually. The four assets are situated in North Carolina’s largest metropolitan area. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-77, I-485, and I-85 to Charlotte’s major economic drivers. Immediate areas surrounding the properties boast meaningful household incomes, dominant white-collar populations, and steady rent growth. The properties offer an outstanding opportunity to gain immediate scale and infrastructure in a high growth Southeastern market. Built from 1951-1994, the portfolio arrives to the market primed for a value-add campaign projecting average premiums of $100-$160.
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Under Contract
Charlotte Value-Add 4 Portfolio (4 properties, 266 units)
Cobb House
50 Units
366 Main Street, East
Rock Hill, SC  29730
Type:  Multifamily
Posted: 10/23/2023

Cushman & Wakefield is pleased to present the rare opportunity to acquire an ±8.67 acre suburban site in the southern part of Sacramento adjacent to the City of Elk Grove. This site has plans entitled and approved by the City planning department. It will be delivered (shovel ready) with building permits ready to be pulled.

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College Square
8.67 Acres
8373 Bruceville Rd
Sacramento, CA  95823
Type:  Land
Posted: 10/10/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Colonial Village, a 314-unit apartment community located in the growing Charlotte submarket of Lincoln County. Located in the heart of Lincolnton, residents enjoy easy access to big box retailers, an excess of dining options, and employers surrounding the area. Constructed in 1985, Colonial Village offers an outstanding opportunity to invest in the high barrier to entry Lincoln County submarket where home values have continued to rise and price residents out of home ownership. With only one renovated unit, Colonial Village offers substantial upside potential through the completion of a market driven interior upgrade program, offering new ownership the opportunity to capture $190+ rental premiums.
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Under Contract
Colonial Village
314 Units
112 Colonial Village Drive
Lincolnton, NC  28092
Posted: 1/10/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Cortland Portico, a 440-unit institutionally owned and operated multifamily property in Atlanta’s dynamic I-85 North Corridor. This Core Plus asset features a thoughtful site-plan, spacious floorplans and a premier amenity package. Current ownership has injected $7.7M into the asset, which has attracted a top-tier renter profile. The property is ideally located along I-85, providing residents direct access to Atlanta’s top job nodes and 1M+ jobs within a short drive. In addition, Cortland Portico is strategically located near significant new developments including Gas South District, a 118-acre campus including an arena, theatre, and convention center. Cortland Portico provides an attractive opportunity to acquire a truly irreplaceable asset with strong future growth trajectory, in Atlanta’s fastest growing county.
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Cortland Portico
440 Units
2110 Preston Park Drive
Duluth, GA  30096
Type:  Multifamily
Posted: 1/11/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 248-unit Creek27 Single Family Rental community located in San Angelo, Tom Green County, Texas. This best-in-class asset is situated in southwest San Angelo, minutes from major employment centers, San Angelo’s premier retail corridor, and an array of outdoor and cultural amenities. Completed in 2023, Creek27 represents an outstanding opportunity to acquire a newly-built, single family rental asset in a market that is poised for extended growth as its diverse economy continues to attract talent and investment.
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Creek27
248 Units
5702 Melrose Ave
San Angelo, TX  76901
Posted: 9/14/2023

Cushman & Wakefield is delighted to introduce Crestmoor Apartments, a lucrative investment opportunity located in the vibrant city of Colorado Springs. This multifamily asset, comprised of 29 units, is ideally situated in the heart of Colorado Springs, specifically in the northeast submarket. Its prime location, in close proximity to educational institutions, retail centers, and major transportation routes, provides a strong foundation for attracting and retaining tenants.

The property’s value-add potential, with 70% of the units already renovated, offers an opportunity to capture additional upside and maximize rental income. Furthermore, the inclusion of an assumable loan at 3.26% simplifies the financing process, adding to the overall attractiveness of this investment opportunity.

Value-Add Potential: Crestmoor Apartments presents an excellent opportunity for value creation and potential upside. Notably, 70% of the units have already undergone renovation, showcasing the property’s commitment to enhancing the living experience for residents. This value-add strategy has positioned the asset to command higher rental rates and attract tenants seeking updated and modern living spaces. The remaining units present an opportunity for further renovation, allowing investors to capture additional value and maximize rental income.

Assumable Loan: In addition to its value-add potential, Crestmoor Apartments offers the advantage of an assumable loan with a fixed interest rate of 3.26%. In today’s challenging debt environment, this feature allows investors to streamline the financing process, and ultimately achieve higher returns.

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Crestmoor Apartments
29 Units
1134 Westmoreland Road
Colorado Springs, CO  80907
Type:  Multifamily
Posted: 7/21/2023

Cushman & Wakefield’s Multifamily Advisory Group, in collaboration with Ten-X, is pleased to present the opportunity to acquire the Cross Street Apartments, an 18-unit, garden style, project-based section-8 apartment community located at 28 Cross Street in Central Falls, Rhode Island.

Located less than 10 minutes from the heart of downtown Providence, the property benefits greatly from its strategic location, along the Rhode Island/Massachusetts border, which provides residents immediate access to employment drivers and transportation options located in both States. The property is ideally situated 0.25 miles from Interstate 95 and 0.5 miles from Route 1, making it easily accessible to residents needing to commute to Providence and the surrounding areas, as well as nearby employers in Massachusetts.

Cross Street Apartments is available on an “as-is, where-is” basis and is being offered without a formal asking price. Property due diligence materials are available to qualified buyers upon execution of a confidentiality agreement. Tour dates will be made known to registered buyers prior to the auction deadline. Please visit www.ten-x.com/listing/28-cross-st-central-fallsri-02863/29421275/ to sign the confidentiality agreement, download the due diligence materials and register for the auction.

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Under Contract
Cross Street Apartments
18 Units
28 Cross Street
Central Falls, RI  02863
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 19.98-acre Crosspointe Multifamily Development Site in Columbia, SC. The site allows for the by-right development of 336 proposed apartment units within the 400-acre mixed-use Killian’s Crossing development. Permits are ready to be pulled for this shovel-ready multifamily site, and there is even 50% property tax abatement for up to ten years and $7.5M through a coveted public infrastructure agreement. Future residents will enjoy Crosspointe’s walkability to Kroger Marketplace as well as many other fast-casual and nationally recognized dining options. The area’s excellent K-12 public schools can all be reached within about a 4-mile drive. Located just off I-77, the site has convenient access to all the area’s employment hubs, including the future site of Scout Motors’ $2B manufacturing plant, which will employ 4,000. The Killian multifamily submarket of Columbia is well served by favorable demographics and rent trends, while greater Columbia is experiencing a diversified economic boom. The Crosspointe Multifamily Development Site presents an enticing, shovel-ready opportunity to break into a State Capital market on the rise.
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Under Contract
Crosspointe Multifamily Development Site
19.98 Acres
Killian Road
Columbia, SC  29203
Type:  Land
Posted: 10/2/2023