Cushman & Wakefield is pleased to exclusively present Cherryland Place (the "Property"), a fully-entitled mixed-use multifamily development site located in a Qualified Opportunity Zone in unincorporated Hayward, California. Located within 10 minutes of three BART stations and 15 minutes from the San Mateo Bridge, Cherryland Place will provide future residents convenient access to the Peninsula, and a seamless 25 and 35 minute commute to Oakland and San Francisco, respectively. Situated between Interstates 580 & 880, future residents are well connected to San Jose and Silicon Valley - the technology capital of the world.

Cherryland Place’s strategic central Bay Area location provides widespread access to the most innovative companies in the world and is well positioned within a high income growth submarket. Median household incomes in the Hayward area are forecasted to grow 21% by 2024 to $102,426 annually, while the number of local households with annual incomes greater than $150,000 is expected to grow 36% during this same time. As a modern community with on-site retail and easy access to the region’s top employers, Cherryland Place will offer the well-amenitized living experience and embedded upside critical to making the community a highly successful development project.
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Cherryland Place
2.78 Acres
20095-20097 Mission Blvd
Hayward, CA
Type: Land
Posted: 2/5/2020

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

Cushman & Wakefield, in conjunction with WT Mitchell Group Inc., are pleased to exclusively present the opportunity to acquire Concord Terminal (the "Property"), a ±2.66 acre transit-oriented multifamily development site located in Concord, California. Situated just steps from the Concord BART station, the Property’s infill location provides future residents immediate access to the San Francisco Bay Area’s economic and lifestyle offerings that make it one of the world’s premier places to live, work and play.

Concord Terminal is currently a retail shopping center with month-to-month tenancies which provides an investor logistical flexibility while also benefitting from recurring cash flow during the entitlement process. Located within Concord’s Downtown Mixed Use (DMX) zoning district, the Property is zoned for up to 266 multifamily units and, through density bonuses, more than 300 units could potentially be built on the site.

With modern design, a transit-friendly location, and close-proximity to downtown Concord's numerous lifestyle amenities, Concord Terminal will offer a highly-amenitized living experience for residents seeking convenient living in the San Francisco Bay Area.

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Concord Terminal
2.66 Acres
2699 Clayton Road
Concord, CA  94519
Type: Land
Posted: 1/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 56-unit Courtyards on Park apartment community located in Valdosta, Lowndes County, Georgia. This asset is situated in the strategically-located and revitalizing East Park Avenue corridor near South Georgia Medical Center in Valdosta. Built in 1968, Courtyards on Park represents an outstanding opportunity to invest in immediate, easy entry into a growing South Georgia market with excellent value-add potential and organic rent growth.
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Courtyards on Park
56 Units
1425 East Park Avenue
Valdosta, GA  31602
Posted: 10/9/2018
The Cushman & Wakefield Student Housing Group, in conjunction with the Carolinas Multifamily Team, is pleased to present the exclusive listing of Crawford Edge and Varsity Club, a combined 35-unit, 125-bed student housing portfolio located in Clemson, South Carolina. Located less than a mile from Clemson University, this two-property portfolio offers direct access into campus and is situated between two major southeast metros, Greenville, SC and Atlanta, GA. Built in 2015 and 2016, Crawford Edge and Varsity Club offer an investor the opportunity to realize organic rent growth with immediate cash flows and strong year-over-year returns.
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Under Contract
Clemson Portfolio (2 properties, 35 units)
Crawford Edge
20 Units | 80 Beds
211 Kelly Road
Clemson, SC  29631
Type: Student
Posted: 11/27/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Creekside Apartments (the "Property"), an 80-unit multifamily community with approximately 33% revenue upside in San Leandro, California. Built in 1969 and available for acquisition for the first time, Creekside Apartments has been diligently maintained by ownership and represents a significant value-add opportunity with a market-proven $600+ per unit post-renovation premium.

Located within walking distance of the San Leandro BART Station, Downtown San Leandro and the new ±1MM square foot San Leandro Tech Campus, Creekside Apartments benefits from its strategic access to the most innovative companies and highest paying jobs in the world. Median household incomes in San Leandro are forecasted to grow 18% to $95,295 annually by 2024 while the number of local households with annual incomes greater than $150,000 is expected to grow 34% during this same time. Yardi projects rents in the submarket to increase 39% while properties are anticipated to maintain +97% average occupancy through 2029.

With its outstanding accessibility and sound physical plant, Creekside Apartments presents the exceptional opportunity to capture significant upside by implementing a comprehensive renovation program in one of the San Francisco Bay Area’s top performing income growth submarkets.
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Creekside Apartments
80 Units
424 Callan Avenue
San Leandro, CA  94577
Posted: 2/5/2020

The acquisition of Cross Creek provides investors with the rare opportunity to acquire 1990 built property with 6% cap rate year one WITHOUT additional renovations. Offered free and clear and primed for the best new debt terms available such as interest only and high leverage which will allows for an immediate double-digit yield.

The current owner skillfully renovated 100% of the units in 2016 with installation of new kitchen and bath cabinets, countertops, appliances, lighting and plumbing fixtures. The clubhouse was also upgraded in 2016 and provides a high end, open and modern atmosphere ideal for leasing.

Cross Creek arrives to market with over 96% trailing 3 months average occupancy and T-12 occupancy of 94%. In addition to strong occupancy, the property has achieved 4.6% organic rental income growth T-3 vs T-12. Recent leases prove the ability to quickly increase revenue easily by simply burning off the $61k annualized Loss to Lease.

Cross Creek is offered free and clear and can be purchased individually or as part of a 914 unit, 3 property portfolio that includes Beechmill (256 units) and Woodbridge – Ft Wayne (450 units). A portfolio purchase offers economies of scale.

Download an Executive Summary below. Full Offering Memorandum is coming soon.

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Cross Creek
208 Units
5756 Cross Creek Drive
Indianapolis, IN  46254
Posted: 1/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 460-unit Crowne at James Landing apartment community located in Jamestown, North Carolina. The property is situated in the exploding Piedmont Triad, ranking 4th in the nation for rent growth in secondary markets, seeing a 4.4% increase over the past 12 months. Rent growth momentum is forecasted to remain steady propped up by rising household incomes and fleeting unemployment for an affluent, suburban renter base that brings home an average household income of nearly $100K. Crowne at James Landing presents the perfect value-add canvas with 9’ ceilings, huge floorplans, and a recent capital infusion of nearly $3.5 Million. Built in 1996, it offers an outstanding opportunity to invest in an institutional quality product with a proven value-add program that could be expanded upon and augmented by $500K in additional other income to ultimately realize a 35% increase to NOI.
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Crowne at James Landing
460 Units
4610 Crowne Lake Circle
Jamestown, NC  27282
Type: Conventional
Posted: 10/11/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Crystal Lakes, a 716 unit opportunistic apartment investment in one of Richmond’s strongest submarkets. The current owner has invested significant capital to cure deferred maintenance at the Property and has implemented a renovation program on approximately 35% of the units, which has resulted in significant rent premiums. Of the 716 units, 128 are in unrentable condition. Of the remaining 588 units, approximately 340 are in their original condition, while 125 have been moderately renovated, and another 125 have been fully renovated. The moderately renovated units are achieving a 15% rent premium above units still in their original condition, while fully renovated units are achieving a 38% premium. New ownership will have the unique opportunity to renovate and bring the down units online, renovate units in original condition and upgrade moderately renovated units to generate maximum rent increases and reposition the Property at the top of the competitive set.

The Property is located in Chesterfield County, one of the Richmond MSA’s premier jurisdictions with some of the region’s top schools and quality of life. The Property’s location, along with its unique townhouse style construction, creates consistent renter demand and a significant competitive advantage in the market. The unique opportunistic characteristics and large scale of Crystal Lakes make it truly a one of a kind offering that presents investors with proven value-add upside and significant future growth prospects in one of the Mid-Atlantic’s best performing economies.
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Under LOI
Crystal Lakes
716 Units
3501 Meadowdale Boulevard
Richmond, VA  23234
Posted: 9/17/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 204-unit, Cypress Run apartment community located in Columbia, SC. Embedded off of I-26 between Downtown Columbia and one of the largest retail corridors, Harbison Boulevard, Cypress Run sits near the top employment centers in the area. In addition, Cypress Run’s submarket is primed for further growth with top submarket rankings in effective rent growth (5.10%) and concession values in the first quarter of 2019. The asset also offers the chance to boost NOI by 32% with 99% of unit interiors left to be renovated and bring with market comparables that are averaging effective rents $100 - $170 higher.
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Under LOI
Cypress Run
204 Units
3430 Broad River Road
Columbia, SC  29210
Type: Conventional
Posted: 9/4/2019
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire the 100% fee simple interest in D’Avila Woods (the "Property"), a 44-unit apartment community with significant value-add potential in El Sobrante, California. Situated in a central Bay Area location, 100% of the Property’s unit interiors remain un-renovated and provide a projected $344 average renovation premium per unit upon repositioning and stabilization.
Built in 1987 and situated on 3.91 acres of maturely landscaped grounds, The Property offers its residents convenient access to the Bay Area’s major employment centers via a direct 15-minute drive to the Orinda BART station and close proximity to Interstate 80. El Sobrante increasingly appeals to high-earning residents across the region - 38% growth of households making over $150,000 annually is expected over the next five years. During the same time period, Yardi projects rents in the submarket to increase 21% while maintaining 96% occupancy.
D’Avila Woods presents an investor the extremely rare opportunity to implement a value-add program in a centrally located property with an existing condo map, offering a clear path to additional upside while providing the flexibility of multiple exit strategies.
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D'Avila Woods
44 Units
5322 D'Avila Way
El Sobrante, CA  94803
Posted: 2/5/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the East Charlotte 728 Portfolio consisting of Delta Crossing, The Avalon, and The Kelston apartment communities. The assets are situated adjacent to the 78-acre mixed-use Eastland Mall redevelopment, which is anchored by the Headquarters of Charlotte’s new Major League Soccer team. Convenient location to a desirable thoroughfare provides access to 250,000 jobs within a 15-minute drive, as well as the most popular entertainment hubs throughout the city. Strong demographic trends show a 14% increase to average household incomes over the next 5 years that will support continued rent growth. The East Charlotte 728 Portfolio represents an outstanding opportunity to realize rental premiums of up to $200 which nearby competitive properties are currently achieving in this rapidly transforming submarket.
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Delta Crossing
178 Units
6000 Delta Crossing Lane
Charlotte, NC  28212
Type: Conventional
Posted: 5/27/2020
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.
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Dothan 336 Portfolio (2 properties, 336 units)
Denton
268 Units
106 Laurie Drive
Dothan, AL  36303
Posted: 12/5/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are excited to present the exclusive listing of the 97-unit DH Holmes apartments in New Orleans, LA. Located in the heart of downtown New Orleans, DH Holmes’ central location offers unmatched access to premier retail and local jobs. A rooftop pool with spectacular views of the French Quarter and recent large-scale interior renovations elevate DH Holmes into a top market position. Built in 1919, DH Holmes offers a rare opportunity to live in a recently renovated downtown New Orleans apartment. DH Holmes is steps away from the iconic Bourbon Street and one block away from Canal street, providing connectivity to the best New Orleans has to offer.
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DH Holmes
97 Units
810 Bienville Street
New Orleans, LA  70112
Posted: 10/16/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1.58-acre Dickerson & Duke Development Site located in Nashville, Davidson County, TN. This site is situated in the rapidly-expanding Talbots Corner neighborhood of East Nashville. This property offers offers an outstanding opportunity to invest in East Nashville’s exploding Dickerson Pike Corridor.
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Dickerson & Duke
1.58 Acres
2309 Dickerson Pike
Nashville, TN  37207
Type: Land
Posted: 6/3/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the D.L.H. Parkway Development Site located 5 miles northwest of Midtown in Fulton County, Georgia. This close-in infill asset is situated in the rapidly developing Upper Westside — a swiftly evolving employment and entertainment hub with unparalleled access to all of Atlanta's major job nodes. Strategically situated in both a federal Opportunity Zone and the Hollowell/M.L. King TAD, the D.L.H. Parkway Development Site also benefits from millions of square feet of new office and retail space, bringing in a wave of population growth with a minimal new construction pipeline.
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DLH Development Site
   
3140 Donald Lee Hollowell Pkwy.
Atlanta, GA  30318
Posted: 5/27/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Doral 4200 (the “Property”) – a Class-AAA, 250-unit luxury apartment home community located in Doral, Florida. The property leased up at a record pace with an average velocity of 28 per units per month and was stabilized in eight months. Centrally located along Doral Boulevard and NW 107th Avenue, the property has exposure to 75,000 cars daily. Residents have access to over 3.4 million square feet of office space within two miles of the property while being less than five minutes from two billion dollar mixed-use projects of Downtown Doral and CityPlace Doral.

Doral 4200 is being offered for the first time by its developer, CC Residential and presents a rare opportunity to acquire a market leading apartment community in the epicenter of one of Miami’s fastest growing cities.

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Doral 4200
250 Units
4200 NW 107th Ave
Doral, FL  33178
Posted: 12/30/2019
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire East Main Street (the "Property"), a 100% market-rate, ±5.50 acre mixed-use development site located in a priority development area in Vacaville, California. Situated within a half-mile from an Interstate-80 onramp, the Property benefits from convenient access to the area’s largest and most renowned employers including Genentech, Kaiser Permanente, NorthBay VacaValley Hospital, Anheuser-Busch, UC Davis and Travis Air Force Base. Recognizing the critical need for infill housing, the City of Vacaville created the East Main District Master Plan, which identifies East Main Street as a priority development site and allows for the development of up to 304 units.
With direct access to 5 million jobs, Vacaville has emerged as one of the top performing housing submarkets in the San Francisco Bay Area. Local rents are projected to grow 20% by 2025 while median household incomes are expected to grow by 15% to $96,838 annually by 2024. Situated one block from Main Street, residents of East Main Street will be steps from the retail, dining, and entertainment offerings in downtown Vacaville. A rare opportunity with multiple exit strategies, developers can build a for rent or for sale project. As a 100% market rate community with minimal future competition, East Main Street will offer the high end, convenient living experience critical to attracting the region’s most affluent residents.
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East Main Street
4.68 Acres
East Main Street
Vacaville, CA  95688
Type: Land
Posted: 6/2/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 151-unit Edgewater Vista apartment community located in Decatur, DeKalb, Georgia. This property is strategically located in the rapidly-expanding Decatur area just off I-285, providing connectivity to major employers, including Atlanta’s Hartsfield Jackson International Airport. Limited new deliveries in the South DeKalb submarket will allow Edgewater Vista to perform at the top of the submarket. Built in 2008, Edgewater Vista represents an outstanding opportunity to invest in a value-add opportunity in a rapidly-developing submarket.
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Edgewater Vista
151 Units
3110 Lumby Drive
Decatur, GA  30034
Posted: 1/13/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 5.89-acre Factory Street development site located in Nashville, Davidson County, Tennessee. This asset is situated in the strategically-located, Southeast area of Nashville. Located in an opportunity-zone less than 2 miles from Downtown with easy access to I-65 and I-24, the site offers an outstanding opportunity for new multifamily construction.
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Factory Street Land
5.89 Acres
101 Factory Street
Nashville, TN  37210
Type: Land
Posted: 3/24/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 22-acre Falcon Parkway Development Site located in Hall County, Georgia, home to the country's #3 Best Performing Small Metro. Since 2015, more than 100 new and expanded businesses have announced 5,500 jobs and $1.2 billion in capital investment in Hall County. Falcon Parkway Development Site is a rare opportunity to procure acreage with multifamily development potential in a rapidly growing Atlanta suburb proximate to the thriving I-85/I-985 northeast corridor.
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Falcon Parkway Development Site
   
3870 Falcon Parkway
Flowery Branch, GA  30542
Posted: 3/18/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Falls at Mill Creek apartment community located in Southeast Nashville, TN, only 4-miles from the city center. Built in 1973 and partially updated in 2015, the property offers an outstanding opportunity to invest in the Nashville market, with value-add potential.
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Falls at Mill Creek
204 Units
205 Millwood Drive
Nashville, TN  37217
Type: Conventional
Posted: 3/16/2020
Coming Soon
Filling Station Lofts
81 Units
1657 North Miami Ave
Miami, FL  33136
Posted: 3/4/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 136-unit Flats on 7th apartment community located in Raleigh, North Carolina’s burgeoning suburb of Garner. The property is surrounded by premier retailers and major thoroughfares, providing access to nearby employment hubs and a surging downtown. A recent $3.8 million capital infusion has prompted strong operational momentum and distinguished the asset as the foremost property of its vintage in the submarket. A lack of new supply, a rapidly expanding population, and the second highest occupancy levels across the market have created ideal rent growth conditions. Built in 1982 and renovated in 2018, Flats on 7th represents an outstanding investment opportunity for new ownership to capture $20,000 in immediate organic rent growth as old leases turn, while also capturing the projected 10% rent growth in the submarket over the next 3 years.
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Flats on 7th
136 Units
917 Seventh Avenue
Garner, NC  27529
Type: Conventional
Posted: 1/24/2020