The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Coastal 4 Portfolio which is comprised of 368 units in Pascagoula, Mississippi. The 4 assets are strategically positioned near employment centers and other gulf coast amenities. Built between 1967-1979, this portfolio represents an outstanding opportunity to invest in historically stabilized assets that are poised to generate strong returns through value-add and lease-up strategies.
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Coastal 4 Portfolio (4 properties, 368 units)
Bonaparte Square
120 Units
3801 Melton Avenue
Pascagoula, MS  39581
Posted: 10/31/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler Associates, Inc. are pleased to present the exclusive listing of the 52-unit Bonne Vie I apartment community located in Metairie, Jefferson Parish, LA. This asset is situated in the high barrier-to-entry Metairie submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily due to the lack of developable sites, occupancy and rent have continued to increase, leading to a strong historical property performance. With demand for upgraded interiors in the submarket, Bonne Vie I is an excellent opportunity to acquire a true value-add investment.
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Bonne Vie I
Offers Due:  Wednesday, June 26, 2019
52 Units
3105 Edenborn Avenue
Metairie, LA  70002
Posted: 4/15/2019

Brentwood consists of six buildings totaling of 120 units. The community is currently being marketed to residents 55 years and older but is not deed restricted to maintain that strategy. There are three styles of buildings on the property. There is an elevator in one building (four story building), there is a single story buildings for less mobile residents and four two story buildings. Each building has secured / intercom entryways or individual access. The property is situated on 4.67 acres and offers a tranquil setting surrounded by mature trees. The current owner is a not-for-profit that specializes in new construction and subsidized senior housing. When they purchased Brentwood, as an older, existing property, it was outside their expertise.

Brentwood is ideally located on the northeast side of Fort Wayne near the intersection of Coliseum Blvd and State Blvd with visibility from Coliseum Blvd. This location offers excellent access to public transportation, restaurants and medical facilities. There is added shopping just south of the property and within ten minutes of Glenbrook Square, Fort Wayne’s largest retail center and a regional shopping node in northeast Indiana.

Brentwood is offered at ±$36,000 per unit / $4,300,000

Brentwood’s first building was constructed in 1967 with the last phase built in 1988. Some units have undergone renovations with new fixtures, appliances, flooring and bathrooms. Each building has laundry facilities while some floorplans offer washer dryer hookups. There are opportunities to enhance revenue to add value. Some of those opportunities include completing unit upgrades, enhancing the property’s curb appeal through additional landscaping and upgrading the leasing office.

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Under LOI
Brentwood Park
120 Units
2510 Farnsworth Drive
Fort Wayne, IN  46805
Type: Senior
Posted: 3/27/2019
HOU-DFW Four Property Portfolio (4 properties, 1,064 units)
Bridgewater
206 Units
1100 Graham Drive
Tomball, TX  77375
Posted: 10/18/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit, 1998-built Broad River Trace apartments in Columbia, SC. The property is conveniently located off of I-26 between the Downtown Columbia and Harbison Boulevard Corridor providing residents easy access to Columbia’s best shopping hotspots and recreational areas, including Riverbanks Zoo and Harbison State Forest. The asset offers an outstanding opportunity to invest in a solid performing asset with attractive exteriors and amenities, as well as market driven potential to boost NOI through completion of a supported enhanced value-add program.
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Under Contract
Broad River Trace
240 Units
551 Riverhill Circle
Columbia, SC  29210
Type: Conventional
Posted: 2/25/2019

Brookview Apartments is an attractive 220 unit community that has been well maintained by the original owner and is located on 25.66 acres on Indianapolis’ east side. Built in 1975, the property has mature trees, vast greenspace and a large stocked lake.

The property offers an attractive unit mix of 1 and 2 bedroom garden style units and 2 or 3 bedroom townhomes with beautiful open floorplans. There remains upgrade potential by adding washer / dryer hookups and machines, a bark park, a grilling station by the pool and creating a walking path around the lake.

Brookview is located one street north of busy Washington Street (US 40) and just east of Interstate -465 (Indianapolis’ interstate beltway) on the city’s suburban east side. The location provides the community with a quiet atmosphere while being exceptionally convenient to dining, shopping and major employment centers.

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Coming Soon
Brookview
220 Units
1151 Aqua Vista Dr
Indianapolis, IN  46229
Type: Conventional
Posted: 5/31/2019
Cushman & Wakefield is pleased to offer for sale, on behalf of the Property Ownership, the 100% fee simple interest in the Butler Brother's building located at 1717 Olive Street, St. Louis, MO. The building is a premier multifamily/hotel "loft" redevelopment opportunity positioned in the heart of St. Louis' "Loft District". As-is, the building contains 718,660 square feet and consists of eight stories. A preliminary redevelopment plan includes 342 multifamily units with 397 garage parking spaces and two retail spaces. A portion of the property could also be redeveloped into a hotel that would compliment the residential component.
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Under LOI
Butler Brothers
   
1717 Olive Street
St. Louis, MO  63103
Posted: 5/20/2019
RCM LANDING PAGE: www.camelliatraceandcherrygrove.com

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Camellia Trace and Cherry Grove - 592 units located in Jackson, Madison County, Tennessee. These two assets are located in desirable neighborhood settings and have proven, inplace, value-add programs with increasing cash flows. Built in 2002 and 1996, Camellia Trace and Cherry Grove offer rare opportunities to place sizable capital into a growing market with strong yield.

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Under Contract
Camellia Trace & Cherry Grove (2 properties, 592 units)
Camellia Trace
212 Units
100 Trace Drive
Jackson, TN  38305
Posted: 2/16/2019

The Cardinal Pointe Portfolio consists of 4 properties currently owned by an out- ofstate private equity group that purchased the properties approximately 10 years ago. Three of the four properties (Cardinal Pointe I, Cardinal Pointe II and University Apartments) are predominately occupied by Ball State undergrad students and are adjacent to campus. Wheeling Manor, the smallest of the four properties (24 units) is occupied by mainly non-student residents. All properties are leased by the unit, not by the bed, and have a history of high 95%+/- occupancy.

The majority of the units have original interior finishes and offer the new owner the opportunity to complete updates and achieve rent premiums .

The portfolio is being offering free and clear.

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Under Contract
Cardinal Pointe Portfolio (4 properties, 195 units)
Cardinal Pointe I
62 Units
808 W. Riverside Avenue
Municie, IN  47303
Type: Conventional
Posted: 3/13/2019

The Cardinal Pointe Portfolio consists of 4 properties currently owned by an out- ofstate private equity group that purchased the properties approximately 10 years ago. Three of the four properties (Cardinal Pointe I, Cardinal Pointe II and University Apartments) are predominately occupied by Ball State undergrad students and are adjacent to campus. Wheeling Manor, the smallest of the four properties (24 units) is occupied by mainly non-student residents. All properties are leased by the unit, not by the bed, and have a history of high 95%+/- occupancy.

The majority of the units have original interior finishes and offer the new owner the opportunity to complete updates and achieve rent premiums .

The portfolio is being offering free and clear.

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Under Contract
Cardinal Pointe Portfolio (4 properties, 195 units)
Cardinal Pointe II
57 Units
2000 N. Oakwood Avenue
Muncie, IN  47304
Type: Conventional
Posted: 3/13/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Sage Partners Real Estate Solutions are pleased to present the exclusive listing for the 462-unit Chenal Valley Portfolio located in Little Rock, Arkansas. The 2 assets, Carrington Park and Stonebridge at the Ranch, are situated in the highly desirable Chenal Valley section of northwest Little Rock. Built between 1999-2005 and poised to utilize economies of scale, the properties present an outstanding opportunity to invest in value add assets in a highly attractive submarket.
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Under Contract
Chenal Valley Portfolio (2 properties, 462 units)
Carrington Park
202 Units
1801 Champlin Drive
Little Rock, AR  72223
Type: Conventional
Posted: 2/28/2019

This asset offers an attractive value- add opportunity with opportunistic returns. There is an immediate opportunity to raise rents and capture higher revenue. A new investor has the opportunity to upgrade the approximately 80% of units that are still with classic finishes. Recently renovated property directly across successfully achieve $168 premium per unit.

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Cedar Creek Apartments
196 Units
501 Green Oaks Court
Arlington, TX  76006
Type: Conventional
Posted: 10/19/2018
The Cushman & Wakefield Southeast 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)
Center Road Properties
64 Units
91 Wyndham Court
Cartersville, GA  30120
Posted: 5/22/2019

The Cushman & Wakefield Fogler/Nicoluzakis Multifamily Capital Markets Team is pleased to offer CENTERRA, a renovated, 202-unit, garden-style apartment community located near Frank Lloyd Wright Boulevard and Shea Boulevard in North Scottsdale, Arizona, one of the Phoenix area's most exclusive neighborhoods.

Centerra is a gardden-style, two and three story community featuring a mix of one and two bedroom/two bath units with washers and dryers. All 202 units have been completely upgraded with new Whirlpool stainless steel appliances, new cabinets (in kitchens and bathrooms), new flooring, granite countertops (in kitchens) along with new light and plumbing fixtures.

In addition to the unit interiors, the exterior of the property and amenities were updated. Exterior improvements included the addition of a fitness center, updates to the leasing/business center, new roofs and a complete repaint of the community. While Centerra has been updated, there is still value-add potential remaining through targeted upgrades.

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Centerra
202 Units
11100 N. 115th Street
Scottsdale, AZ  85259
Type: Conventional
Posted: 3/24/2019

The Cushman & Wakefield Multifamily Advisory Group is excited to present the exclusive listing of Chalet Apartments located in St. Louis, Missouri. Consisting of a 38-unit, garden-style multifamily complex, Chalet Apartments presents qualified investors the opportunity to acquire a well-maintained asset with proven value-add potential. The property is centrally located within the historically stable North St. Louis County submarket and provides easy access to major interstates, employment centers, retail, dinning, and parks and recreation centers. Through the completion of the interior renovation program started by current ownership, this offering presents investors an opportunity to capture significant, proven upside.

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Chalet Apartments
38 Units
2152 Nemnich Road
St. Louis, MO  63136
Type: Conventional
Posted: 5/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 90-unit Chastain Woods apartment community located in south metropolitan Atlanta, Fulton County, Georgia. Strategically situated six miles northwest of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in 1973, Chastain Woods boasts the largest floor plans in the submarket (1,333 Avg. SF), and is a consistently well-occupied asset with proven value-add potential.
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Under LOI
Chastain Woods
90 Units
2929 Landrum Drive
Atlanta, GA  30311
Type: Conventional
Posted: 4/22/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 336-unit Chateaux DiJon apartment community located in Metairie, LA in the New Orleans metro area. This asset is situated in the high barriers-to-entry submarket of Metairie, boasting upscale demographics, solid single-family housing stock, and limited apartment deliveries. The property is minutes from millions of square feet of high-end retail, including Lakeside Shopping Center and Clearview Mall, and Class A office space, such as the Lakeway Office Towers, Galleria Tower and East Jefferson Hospital. Chateaux DiJon presents an opportunity to acquire a true value-add asset in one of New Orleans premier submarkets.
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Under Contract
Chateaux DiJon
336 Units
3301 West Esplanade Avenue N
Metairie, LA  70002
Type: Conventional
Posted: 3/13/2019
RCM LANDING PAGE: www.camelliatraceandcherrygrove.com

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Camellia Trace and Cherry Grove - 592 units located in Jackson, Madison County, Tennessee. These two assets are located in desirable neighborhood settings and have proven, inplace, value-add programs with increasing cash flows. Built in 2002 and 1996, Camellia Trace and Cherry Grove offer rare opportunities to place sizable capital into a growing market with strong yield.

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Under Contract
Camellia Trace & Cherry Grove (2 properties, 592 units)
Cherry Grove
380 Units
27 Dunn Ridge Road
Jackson, TN  38305
Type: Conventional
Posted: 2/16/2019

City View Apartments is a 221-unit apartment mid-rise, located in an Opportunity Zone in downtown Omaha. City View offers an investor a rare opportunity to own an asset in the highly desirable downtown submarket of Omaha, an area that is seeing a significant amount of redevelopment and new construction projects. This location offers proximity to a dynamic variety of employers including four Fortune 500 companies, universities such as Creighton University and the Nebraska Medical Center, and fantastic restaurant and entertainment amenities located in the downtown and midtown areas of Omaha.

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Under Contract
City View
221 Units
604 S. 22nd Street
Omaha, NE  68102
Type: Conventional
Posted: 1/7/2019

City View Apartments is a 112-unit property located in the West-Central submarket of Las Vegas and is poised to take advantage of the recent surge of nearby activity. Constructed in 1977, City View is a quaint community that offers proven renovation upside in both floor plans, ample common areas, a pool, and a lightly renovated clubhouse.

Las Vegas was the number one metro for rent growth in 2018, recording 7%+ growth. Las Vegas also recorded rent growth of 6%+ in 2016 and 2017. With the strong rent growth in Las Vegas, City View has been able to prove out $130 per month lifts in rents through a light interior improvement plan, while remaining "under market". Renovations include countertops, appliances, baseboards, paint, and hardware.

The West-Central submarket continues to be a proponent of higher rental rates as newer assets begin value-add campaigns & luxury projects continue to be developed in the immediate vicinity. Rent comps like the Sedona Ridge and Tower at Tropicana have rental rates $150-$200 per month higher than the renovated rates at City View. Sales in the submarket are exceptionally strong as well. The Green Leaf Lotus Apartments, less than one mile away, recently sold for $261,016.95 per unit. The 1988-vintage "Sequoia Meadows", just 0.9 miles away, recently sold for $163,602.94 per unit. Additionally, nearby Chinatown is experiencing a BOOM in the retail sector, as there proves to be huge demand to live, work, & eat in this corridor. Population growth in this pocket is projected at 9.41% through 2023

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City View Apartments
112 Units
3355 Arville Street
Las Vegas, NV  89102
Posted: 2/20/2019

Cityscape is a 163-unit apartment community located in the heart of Fort Wayne’s vibrant downtown. Completed in 2017, the community is the largest new urban multifamily development in downtown Fort Wayne.

Property amenities include a large cardio-fitness center, an expansive raised courtyard in the interior of the structure with a unique aqua bench feature (wading pool) and thousands of square feet of open green space. Grilling stations and an outdoor lounge space with firepit are available for residents throughout the year in this one-of-a-kind space at Cityscape Flats. The community also has a penthouse-level club room on the top floor with access to a large deck overlooking Parkview Field and entertainment venue which hosts the minor league baseball team the TinCaps.

The community offers an attractive mix of 5 Studio units, 116 One Bedroom Flats (in three floor plans) and 42 Two Bedroom Flats (in four floor plans). All units have washer/dryer hookips, and kitchens feature granite countertops with brushed nickel accents throughout, frost-free refrigerators, dishwashers and garbage disposals.

The community is in an excellent location conveniently located in the Fort Wayne downtown CBD, with many major employers and two major universities all within minutes of the property.

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CityScape Flats
163 Units
1250 Ewing Street
Fort Wayne, IN  46802
Type: Conventional
Posted: 4/12/2019

This Investment Offering provides the Opportunity for an investor to acquire the CLIFFSIDE APARTMENTS, a 27-unit community located minutes north of Downtown Salt Lake City in the highly desirable Marmalade District. Defined as one of Salt Lake City’s most historic neighborhoods, the area is characterized by its mature landscaping and iconic architecture.

Complimented by the prestigious adjacent Capitol Hill and Avenues neighborhoods, Marmalade continues its transformation from a funky, dated district to a revitalized, active downtown community with a wide variety of development underway.

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Cliffside Apartments
27 Units
720 North Wallstreet
Salt Lake City, UT  84103
Type: Conventional
Posted: 8/28/2018

Golden Memories and Club Manor are age restricted senior communities that were built by a local Indiana developer. For many years the properties were highly occupied, well maintained and produced significant cash flow. As legacy assets, both properties were inherited by the developer’s children. In subsequent years, as management structures changed, the properties have struggled to perform resulting in lender foreclosures.

Golden Memories and Club Manor offer a new owner the opportunity to acquire two well located properties with enormous potential for improvements and increases in revenue and value. Properties may be purchased individually or together as a portfolio.

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Under Contract
Club Manor Apartments
96 Units
250 E Northfield Drive
Brownsburg, IN  46112
Type: Conventional
Posted: 3/14/2019

Cushman & Wakefield, as exclusive investment advisor, is pleased to present Coco Palms a property totaling 18 units in Lighthouse Point. Two units were recently renovated with new kitchen, bathroom granite countertops, new tile flooring, new HVAC, new appliances, new fixtures and new bathroom tubs and vanities. The two units are achieving $100 rent premium. Coco offers further significant value-add upside by upgrading the remaining 16 non-renovated units. All units have new impact windows.

It is in an excellent location just 1.5 miles east of I-95, adjacent to US-1. Within 1-mile of the property the populations has grown 9% over past seven years plus the submarket is forecasted to experience 3.4% rent growth per year over next five years.

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Coco Palms
18 Units
2131 NE 41 Street
Lighthouse Point, FL  33064
Posted: 5/17/2019