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

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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Club Manor Apartments
96 Units
250 E Northfield Drive
Brownsburg, IN  46112
Type: Conventional
Posted: 3/14/2019
Available Together or Separately

Cushman & Wakefield, as exclusive investment advisor, is pleased to present Renee Garden and Coco Palms, two properties totaling 64 units in Pompano Beach and Lighthouse Point. The properties are 1.3 miles apart from each other and are offered for sale individually or as a portfolio.

Renee Garden features 46 units and just completed a gut renovation totaling over $1.2M in interior and exterior improvements, including completely new kitchen and bathrooms, new electrical and plumbing systems, new appliances, impact windows, new HVAC, new roof, and new pool area.

Coco Palms totals 18 units. Two units are currently in the process of renovation with finishes similar to those in Renee Garden. While Renee Garden is already primed to capitalize from its recent capital improvement program, Coco offers further significant value-add upside by upgrading the remaining 16 non-renovated units. All units have new impact windows.

Both properties are in excellent locations 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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North Broward Multifamily (2 properties, 64 units)
Coco Palms
18 Units
2131 NE 41 St,
Lighthouse Point, FL  33064
Posted: 1/4/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 111-unit condo community located in Athens, GA. This asset is situated in the strategically-located neighborhood of southeast Athens. Built in 1972, College Glen represents an outstanding opportunity to invest in a significant value-add asset in an expanding market.
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College Glen
111 Units
285 Scandia Circle
Athens, GA  30605
Type: Condo Conversion
Posted: 2/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 649-unit Louisiana Portfolio, which includes four apartment communities. Two of the properties are located in the New Orleans metro and two are in the Lafayette metro. The immediate submarkets provide healthy demographic support due to the excellent regional connectivity and key Louisiana employers. With Louisiana catalyzed by heightened economic activity, population and job growth are projected to continue for the foreseeable future. Louisiana was recently ranked 2nd in the South for economic development and 4th best state in the US for small business. This portfolio represents the opportunity to immediately establish a strong platform in three high-profile Louisiana markets.
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Under Contract
Louisiana 4 Portfolio (4 properties, 649 units)
Colonial Manor
48 Units
7373 Jefferson Highway
Harahan, LA  70123
Posted: 10/16/2018
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)
Colonial Manor
88 Units
1823 Parsley Ave
Pascagoula, MS  39567
Posted: 10/31/2018

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 Offering Memorandum of the 48-unit Cottonwood apartment community located in Athens, Alabama. This quality LIHTC asset is comprised of mostly townhome floor plans and is situated in the rapidly-expanding and desirable Huntsville, Alabama metropolitan area. Built in 2000, Cottonwood offers an outstanding opportunity to invest in a cash-flowing asset poised to generate higher returns amidst the Huntsville MSA’s continued growth.
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Cottonwood
48 Units
209 Southwind Drive
Athens, AL  35611
Posted: 2/6/2019
The Cushman & Wakefield Sacramento Multifamily Advisory Group is pleased to present the exclusive listing of Country Village Apartments, a 44 unit community located in the heart of the highly desirable Carmichael suburb in Sacramento, CA. Built in 1976, Country Village offers an outstanding opportunity to invest in a stabilized asset with value add potential via implementation of a targeted renovation program of upgrading interior amenities to a more modern look and feel, in order to achieve a higher rent schedule which is being realized in the marketplace. This truly turnkey community is a wonderful investment to own individually or an addition to a growing portfolio.
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Under Contract
Country Village Apartments
44 Units
8141 Fair Oaks Blvd
Carmichael, CA  95608
Type: Conventional
Posted: 11/26/2018
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 Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit, Crescent Commons apartment community located in Fayetteville, NC. Built in two phases in 2002 and 2006, Crescent Commons offers a highly diverse unit mix with a significant discount to replacement cost as the property recently received a capital infusion of $750,000 in 2017. The property is positioned in walking distance to Fayetteville’s newest retail boom in the Skibo Road corridor, while situated 5.5 miles from the largest military installation in the world, Fort Bragg. The Fayetteville development pipeline is nearing stabilization as the market continues to absorb the delivery spike from 2012-2014, providing new ownership with the opportunity to capitalize on a value-add initiative to capture the rental gap and boost existing annual NOI by 29%.
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Under Contract
Crescent Commons
288 Units
812 Crescent Commons Way
Fayetteville, NC  28314
Posted: 10/17/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Cross Creek Cove, a 265-unit 1984 / 1994-built apartment community in Fayetteville, NC. Strategically located along the highly popular Skibo Road corridor in west Fayetteville, the property is conveniently situated in close proximity to the city’s premiere retail nodes and top economic catalysts. Cross Creek Cove is a quality asset with low maintenance, attractive brick exteriors that has received a combined capital infusion of more than $859,000 and is being offered at a discount to replacement by its current owner, who has owned the asset for 19 years. This coupled with strong operations - the property has maintained an average occupancy level of 94% since January-2015 - and a low concentration of military tenants, currently 20%, offers incoming investors the unique opportunity to acquire a quality asset with 30% NOI growth potential through a comprehensive interior upgrade program. The property is being offered on an all-cash basis or as a loan assumption with a below market interest rate.
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Cross Creek Cove
265 Units
855 King Arthur Drive
Fayetteville, NC  28314
Type: Conventional
Posted: 4/10/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 224-unit Crystal Lake apartment community located in Pensacola, Florida. This asset is situated along US-98, a high-traffic thoroughfare that provides quick access to the city’s employment cores and quality retail. Pensacola is benefiting from the upcoming Navy Federal Credit Union corporate campus expansion (5,000 jobs, $1.2B new investment). Built in 1997 and showing powerful leasing trends, Crystal Lake offers an outstanding opportunity to invest in an asset boasting proven value add potential within a constrained multifamily market.
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Crystal Lake
224 Units
7680 West Highway 98
Pensacola, FL  32506
Posted: 3/18/2019
Cushman & Wakefield of Florida, Inc. is pleased to present the exclusive offering of the All Souls Transit Oriented Multifamily Development Site. This is a unique opportunity to purchase a multifamily development site immediately adjacent to the Sanford Sunrail station within the radius eligible for Transit Oriented Development incentives and programs from the State of Florida, City of Sanford and Seminole County. The All Souls Transit Village PD is anchored by the All Souls Catholic Church, together with its prospective plan to add an elementary school, multi-use parish hall and offices.
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Diocese of Orlando-Sanford land
   
3280 W 1st Street
Sanford, FL  32771
Available Together or Separately

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire together or separately two core, suburban infill, garden apartment assets in Miami, Florida – Doral View and Town Fontainebleau Lakes. Both properties are each 360-units in 3-story garden design, which has become an increasingly rare and thinly traded building type due to available land. Completed in 2014 and 2016, Doral View and Town Fontainebleau Lakes were developed with the highest design standards. Both properties feature a mix of one-, two- and three-bedroom residences with expansive, state-of-the-art amenities and finish levels. Further, the properties have unmatched visibility with their location along the Dolphin Expressway and its 122,000 cars daily. This highway adjacent location has driven strong, qualified renter traffic seeking excellent connectivity to nearby major employment centers including Doral, Blue Lagoon, Florida International University (FIU), and downtown Miami.

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Doral View & Town Fontainebleau Lakes (2 properties, 720 units)
Doral View
Offers Due:  Tuesday, March 19, 2019
360 Units
901 NW 97th Avenue
Miami, FL  33172
Posted: 1/17/2019
The Cushman & Wakefield Student Housing Team, in conjunction with the Mississippi Multifamily Transaction Team, is pleased to present the exclusive listing of the 288-unit, 480-bed, Eagle Flatts student housing community located in Hattiesburg, Mississippi. This 2003 purpose built asset offers direct access to The University of Southern Mississippi’s (USM) campus. Fully renovated in 2017, Eagle Flatts represents one of the few Class "A" off campus housing options for USM students that is within walking distance of campus, which will support continued high occupancy and organic rent growth for subsequent years.
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Under Contract
Eagle Flatts
228 Units | 480 Beds
105 Doleac Drive
Hattiesburg, MS  39401
Type: Student
Posted: 8/8/2018

The “Echelon at Centennial Hills” is a bite-sized institutional-quality asset in the desirable “Centennial Hills” submarket in Las Vegas. The asset combines oversized units (1,829 SF average), quality podium construction, structured parking, and a top-tier amenity base. The property is poised to take advantage of the accelerating trends of the northwest Vegas market through improved operations and a possible value-add program.

Location and asset type make this a unique offering, as Centennial Hills is the newest area of expansion in Las Vegas. The Centennial Hills location already rivals the established “Green Valley” submarket in the southeast. Single family developers, multifamily developers, and even high-end retail shops are thriving in the northwest. New multifamily projects are thriving, and luxury developers have plans to take advantage of the desirable demographics in the near future; the Calida group has plans to build an “Elysian” branded asset at the former “Great Mall of Las Vegas” location.

Las Vegas is the 29th largest MSA in the United States, and number one in rent growth among major metros. Rent growth figures averaged above 7.2% through 2018, with stronger growth in “lifestyle” assets than “workforce” assets. Additionally, Las Vegas leads the country in job creation, with year-over-year job gains of 3.2%. In total, 43,800 jobs were created through 2016 & 2017, and unemployment has recently dropped to 4.8%%. This job growth, paired with above-average population growth of 2.4%, continues to expand the local rental market. Additionally, personal income growth for Vegas was 6.1% in 2018, continuing to prove that the market has depth.

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Echelon Apartments
Offers Due:  Monday, April 15, 2019
62 Units
9051 Echelon Point Dr
Las Vegas, NV  89149
Posted: 3/19/2019
Coming Soon
Echo Ridge Apartments
208 Units
8520 Sierra Ridge Drive
Indianapolis, IN  46239
Type: Conventional
Posted: 3/14/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Elevate Grande Pointe - 180 units in Daphne, AL. Situated along the desirable Eastern Shore of Mobile, the subject enjoys an affluent resident profile and close proximity to quality retail and employment. Since acquisition, current ownership has invested $1.8M+ in interior, exterior, and community amenity upgrades - creating in-place organic rent growth and space for the next investor to completely round out the community. Built in 1984 (renovated 2018), Elevate Grande Pointe offers an excellent opportunity to acquire a repositioned asset in a high growth submarket with proven value add upside.
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Elevate Grande Pointe
180 Units
133 Lake Front Drive
Daphne, AL  36526
Type: Conventional
Posted: 2/5/2019
Elk HIlls
306 Units
2120 North Main Street
Omaha, NE  68130
Posted: 11/5/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 384-unit Enclave Blythewood apartment community located in the Columbia, SC MSA. Delivered in two phases (2008/15), Enclave Blythewood features high-quality design available significantly below replacement cost. Reinforced by favorable operations, the property is poised for a potential 50% NOI boost driven by a multi-faceted value-add program. Ideally located in North Richland County's affluent and rapidly expanding economic core, Enclave Blythewood is within two miles of 2,600 current jobs and 1,825 recent new jobs announced. Continued employment growth coupled with minimal supply positions Enclave Blythewood to enjoy the benefits of a tightening rental market.
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Under Contract
Enclave Blythewood
384 Units
2051-2 Blythewood Crossing Lane
Blythewood, SC  29016
Type: Conventional
Posted: 8/15/2018
Coming Soon
English Village Apartments
184 Units
545 English Village Drive
Indianapolis, IN  46239
Type: Conventional
Posted: 3/14/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 438-unit Chattanooga Value-Add Portfolio located in Chattanooga, Hamilton County, Tennessee. These assets are situated in desirable east Chattanooga and benefit from unparalleled access to Chattanooga’s best retail corridor. Built between 1974-1994, the Chattanooga Value-Add Portfolio offers an outstanding opportunity to immediately establish a strong investment platform in one of Chattanooga’s fastest growing neighborhoods.
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Chattanooga Value-Add Portfolio (2 properties, 438 units)
Evergreen at Hickory Valley
200 Units
1507 Hickory Valley Road
Chattanooga, TN  37421
Posted: 10/1/2018