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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 312-unit Diamond Lakes apartment community located in Lafayette, Louisiana. The robust economic trends within the Lafayette MSA, highlighted by the projected addition of 3.8K jobs in 2024, are fueling a surge in demand, particularly for young families choosing to relocate. The strategic location of the property, within a convenient 15-minute drive of the MSA’s top ten employers, provides residents unparalleled access to employment opportunities. Beyond job accessibility, Diamond Lakes is just minutes from Lafayette’s largest retail corridor, boasting over 7.2M SF. Current ownership has undertaken substantial value-add initiatives including upgrades to 93 units, resulting in premiums of ~$100. New ownership can capitalize on this momentum by expanding the renovation scope to significantly increase income.

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.57 acre, high density multifamily development site in Phoenix’s rapidly transforming Downtown located in the Opportunity Zone. Located adjacent to Chase Field (Diamondbacks), Footprint Center (Suns), and minutes from the I-10 Freeway, this site is well positioned for luxury multifamily development. Phoenix’s urban revival has transformed Downtown into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 12,200-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in Downtown Phoenix. The opportunity consists of three distinct parcels with a combined total of ±2.57 acres of developable land with one parcel on the northwest corner of South 5th Street and East Lincoln Street, adjacent to two parcels on the northeast corner of South 5th Street and East Buchanan Street.

Cushman & Wakefield is pleased to present Early Sun Drive, a 2.77-acre development site located between South Academy Blvd and Valley Hi Golf Course. While the property is currently zoned as MX-N and is fit to occupy both multifamily, office and retail locations, plans are already available for a 34-unit townhome development. Early Sun is centrally located on Academy Blvd. 10 minutes East of Downtown Colorado Springs and 10 minutes from the Colorado Springs Airport, Fort Carson, Peterson Space Force Base, and the brand-new Peak Innovation Park. The Peak Innovation Park is a new 1,600-acre master planned airport business park home to multiple Fortune 100 businesses including Amazon, Northrop Grumman, Coca-Cola, Pepsi, Frito-Lay and The Aerospace Corporation.

Seller Financing Available—please contact the listing team for terms.

Current plans for 34 townhomes consisting of large 3-bed, 3-bath, and 2-car garage units.

Architectural Design & Structural Engineering plans prepared and ready to submit to PPRBD.

Civil Engineering plans have been submitted to the city—Survey done by Galloway, Subdivision, Streets, Utilities, Detention Pond.

Centrally located site on Valley Hi Golf Course with quick access North/South via Academy Blvd and East/West via Airport Rd and Fountain Blvd.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 300-unit, Estates at Palm Bay apartment community located in Fort Walton Beach, Florida. The Florida Panhandle boasts a stable military backbone, with Eglin Air Force Base and Hurlburt Field (30,000+ jobs total) within 15 minutes of Estates at Palm Bay. The community boasts high visibility and access off Martin Luther King Jr Blvd (29K+ VPD), a major arterial corridor in Fort Walton Beach that connects with some of the area’s top employers. Built in 1992, Estates at Palm Bay offers the investor an asset with massive floorplans, home-like amenities, and strong property performance. The property currently operates under a ground lease set to expire in 2066 that has high renewal potential.

Cushman & Wakefield Senior Housing Capital Markets ("C&W") in its exclusive representation of Urban Atlantic ("Sponsor"), an experienced Washington, DC based developer, is seeking a limited partner (LP) equity investor for the adaptive reuse redevelopment of a suburban office complex into a 180-unit active adult (55+) apartment community in Fairfax, Virginia, an affluent suburb of Washington, DC. Fair Lakes ("Subject," "Community," "Asset") will offer luxury amenities and finish levels, catering to the sizeable population of seniors in one of the wealthiest areas of the nation with units that are on average greater than 10% larger than the closest competitors.

The Community will be located approximately 22 miles west of downtown Washington, DC with close access to dining, entertainment, and retail. Fairfax is one of the wealthiest suburbs of Washington. Within 10 miles of the site, there are more than 872,000 people, including an exceptional 98,549 seniors age 65+ with over $50,000 in annual income. Additionally, the median home value within a ten-mile radius is an impressive $536,000.

The Site is ideally located within walking distance of East Market at Fair Lakes, a Whole Foods-anchored retail power center with visibility from Route 66, one of the most heavily trafficked arteries in the entire region, and adjacent to a 197-home development sponsored by local developer Peterson Companies with average home sales approaching $900,000.

The Sponsor is seeking approximately $26.4M of limited partner equity. The LP will receive customary rights and controls. Bozzuto, an award-winning national operator headquartered in Washington, DC, is engaged to manage the community upon completion.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Fieldstone Glen apartment community located in Jonesboro, Clayton County, Georgia. This asset is strategically-located in south Atlanta’s aerotropolis logistics hub. The current owner has invested more than $1.7M improving the property. Built in 2003, Fieldstone Glen is a property arrived at market with pristine, on-trend improvements, remaining value-add potential, consistently high occupancy, and an attractive cap rate.

THIS OPPORTUNITY IS BEING OFFERED VIA AN AUCTION PROCESS THROUGH TEN-X
AUCTION DATES: MAY 1 - MAY 3

To access the full OM and sign the CA through Ten-X, you will need to follow the link here

1. CREDITS, INCENTIVES AND ABATEMENTS
The owner of Fourth & Walnut Centre can apply for a variety of incentive programs, including but not limited to state and federal tax incentives, sales tax exemptions for construction materials, and real estate tax abatements on the improved value. A summary of some of these programs and the property’s status is on page 8.

2. FOURTH STREET MOMENTUM
With multiple conversions and recently completed new construction, Fourth Street continues to evolve into a vibrant residential and hospitality corridor within Downtown Cincinnati. Fourth & Walnut Centre’s proximity to The Banks, a preeminent mixed-use development along the Ohio River, and Fountain Square, the social heart of Downtown, positions it well for either a residential or hospitality adaptive reuse.

3. WALKABLE AND TRANSIT-ORIENTED LOCATION
Fourth & Walnut Centre is located within a half-block of the Fountain Square Station for The Connector, a 3.6-mile streetcar line operating throughout the city’s urban core and connecting The Banks with Over-the-Rhine. Cincinnati is also one of the most walkable downtown areas in the country with a walkability index of 18.6 out of 20 and a walk-score of 95%.

4. DOMINANT OHIO MSA
At more than 2.2 million residents, the Greater Cincinnati MSA, comprised of 16 counties in three states, is the largest within the State of Ohio and the 30th largest in the United States. 7 Fortune 500 companies are headquartered in the Greater Cincinnati MSA including 5 located in the CBD.

5. OVER 11,000 CINCINNATIANS CALL DOWNTOWN HOME Downtown Cincinnati supports a richly compact community with abundant amenities. With increased demand to live in the area and new housing options under construction or planned, this number is expected to grow for the foreseeable future. Downtown's population balloons several times over during and after work hours. When work is over, the entertainment corridors light up with residents and visitors alike.

To access the full OM and sign the CA through Ten-X, you will need to follow the link here

The Gardens at Hidden Creek is an exceptional multifamily opportunity comprised of 125 units located in southeast submarket of Colorado Springs. The property offers a range of desirable living options, including five distinctively designed studios, 1-bedroom, and 2-bedroom floor plans. In addition to the attractive unit mix, The Gardens at Hidden Creek offers the advantage of an assumable loan with a fixed interest rate of 3.25%, with interest only payments until 8/1/2026. In today’s challenging debt environment, this feature allows investors to streamline the financing process, and ultimately achieve higher returns.

Each apartment home features a host of modern conveniences and luxury amenities, such as an all-electric kitchen, balcony with patio, carpeted floors, vertical blinds, and vinyl wood grain flooring. Beyond the comfortable living spaces, The Gardens at Hidden Creek boasts an array of community amenities to enhance residents’ lifestyles. These amenities include a picturesque picnic area with barbecue facilities, a sparkling swimming pool, a state-of-the-art fitness center, a cyber cafe, a garage, and a laundry facility. Additionally, on-site maintenance and a part-time courtesy patrol ensure that residents’ needs are promptly addressed.

The property benefits from its proximity to several large Colorado Springs employers including Fort Carson, the COS Airport, and the Amazon Distribution Facility. The property’s location near public transportation routes ensures convenient access to transportation for residents. Additionally, the property’s close proximity to a Memorial park provides residents with easy access to green spaces and recreational activities.

The Gardens at Hidden Creek is perfectly positioned to capitalize on the growth and development in Colorado Springs. The city’s strong job market, expanding economy, and increasing population make it an attractive destination for renters and investors alike.

The Gardens at Hidden Creek represents a compelling investment opportunity for potential buyers. With its strong rental demand, unique unit mix, and limited competition, the property has an attractive value add story and future cash flow potential for prospective investors.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 97-unit Gardens at Knoxwood apartment community located in Knoxville, Knox County, Tennessee. This asset is situated in the scenic East Knoxville submarket, a highly accessible location south of Interstate 40 with quick access to Downtown Knoxville (3 miles) and The University of Tennessee. Built in 1969 and renovated in 2023, Gardens at Knoxwood offers an outstanding value-add opportunity seeing $150+ in rent premiums with the ability to achieve additional premiums through full-scale renovations. Residents of Gardens at Knoxwood have direct access to key Knoxville employers including the University of Tennessee Medical Center, the U.S. Dept. of Energy at Oak Ridge, and Knox County Schools.

1. FULLY ENTITLED DELIVERED SITE
This 10+/- land site is zoned for up to 266 residential units and up to a 4-story product. The site offers a developer the opportunity design & develop a variety of potential products including market rate apartments, townhomes, single family rentals or a for sale product. Along with the existing 84-unit senior living and memory care facility and senior villas, Vision Development & Elmington Capital are under construction with 839 apartment units which include Class A+ market rate, workforce and 55+ age restricted units.

2. LOCATED IN DYNAMIC GROWING COMMUNITY
Union Township is a thriving community just on the outskirts of Cincinnati and is the 9th largest township in the State of OH. Located just minutes from I–275 the development site is nestled between abundant retail amenities and tree lined rapidly growing residential communities

3. PROXIMITY TO LARGE EMPLOYERS
Being known as a well-managed local municipality, Union Township is known as a business-friendly community. Union Township has emerged as a major employment center on the east side of Cincinnati. Home to Total Quality Logistics, the 2nd largest freight brokerage company in the US who is currently expanding their Headquarters which will create 600 new jobs. Nearby employers also include American Modern Insurance and Tata Consultancy Services who each have over 1,000 employees.

4. EASY ACCESS TO RETAIL, ENTERTAINMENT & COMMERCE
Union Commons Development location will not only provide residents access just minutes away to local retail, restaurant and entertainment amenities but also easy access to Downtown Cincinnati & Greater Cincinnati/N KY International Airport.

5. ESTABLISHED + IMPROVING AREA DEMOGRAPHICS – TRAFFIC COUNTS
2 new traffic circle will highlight the entrance to Union Commons from Bach Buxton Rd & Glen-Este Withamsville Rd. These improvements along with the Clepper Lane extension to Bach Buxton Rd. the current 13,375 cars per day will increase significantly. Union Commons is also surrounded by desirable demographics with average household incomes of $95,000 and significantly rising home values.

6. OPPORTUNITY ZONE
Union Commons development site is located within a Designated Opportunity Zone, one of only two located in Clermont County. Investors in a multi-family development will have the ability to defer existing capital gains and take advantage of the significant long-term hold tax benefits available to investors in projects located in Opportunity Zones.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 268-unit Grove Parkview apartment community located in Gwinnett County, GA. Current ownership has renovated 156 units to a modest finish level and has achieved proven rent premiums of $208 over classic units. By elevating the renovations to an elite finish level, across all 268 units, new ownership has the opportunity to further drive rent premiums. Embedded in the affluent Gwinnett County, Grove Parkview is zoned to a top-notch school district and benefits from a prosperous demographic landscape with predominate white collar employment and ample high-paying job opportunities. New area developments as well as the prominent Northern Arc have propelled population growth across the county. Limited supply coupled with high demand, creates a strong future outlook for Gwinnett’s multifamily dynamics.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 638-unit Hamilton Point on Egypt Lake multifamily community located in Tampa, Florida.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 22.3-acre Hanes Multifamily Development Site in Winston-Salem, NC. Located in a busy submarket and currently part of Hanesbrands Inc.’s park-like corporate headquarters campus, the site is zoned for Corporate Park Office but has great potential as a multifamily development site upon a successful rezone. The site has convenient access to national retailers, abundant dining options, and hotels. It is also within 10 minutes of two major economic drivers in the market: Wake Forest University and Smith Reynolds Airport. The Triad as a whole, home to multiple major corporate headquarters, has continued to gain momentum as companies invest in the market and their employees relocate. The Hanes Multifamily Development Site presents an enticing opportunity for multifamily developers to invest in a market that has seen impressive capital infusion.

OM AVAILABLE SOON

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 54-unit Hawthorne Heights BTR community located in Bentonville, AR. Hawthorne Heights is attractively situated north of Downtown Bentonville and is just a short distance from Crystal Bridges, Bentonville High School and well-known local hiking/mountain biking trails. Bentonville rests at the head of the booming NW Arkansas MSA, which is home to 3 Fortune 500 Companies – Walmart, JB Hunt and Tyson Foods. Walmart’s headquarters sits just 3-miles Southwest of the asset, supplying 14,000+ corporate jobs and is the World’s largest retailer.

Hawthorne Heights offers a unique asset to a population currently underserved in the growing NW Arkansas market. With final units being delivered soon, Hawthorne Heights offers a premiere opportunity to invest in a well-located asset with the ability to achieve above market returns.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 250-unit Hidden Valley apartment community located in Decatur, DeKalb County, Georgia. Situated in the rapidly-expanding Decatur area of east Atlanta, this asset has close-in access to all of Atlanta’s major employment hubs via I-285 and I-20. Built in 1970, Hidden Valley is located in one of the most popular multifamily submarkets in the Metro with organically rising rents for the past seven years. Hidden Valley has 86% classic units and enters the market ready for an ROI program to push future returns.