The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 234-unit Cielo Apartments located in Santa Fe, NM. This asset has demonstrated strong performance with impressive lease trade outs and a robust historical track record, supported by a diverse and affluent tenant base. This 2022-built, institutional asset offers a unique 80-unit phase II opportunity to enhance overall project yield and scale in a high demand marketplace.

Santa Fe’s multifamily fundamentals are solid, with healthy rent projections and rising homeownership costs further driving rental demand in the area. Additionally, Cielo is surrounded by limitless lifestyle amenities, ensuring an enjoyable living experience for residents. Cielo is a compelling investment opportunity to acquire an institutional quality asset with significant growth potential in a thriving market.

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Cielo
234 Units
5200 Beckner Rd
Santa Fe, NM  87507
Posted: 10/24/2024
151-ACRES FOR DEVELOPMENT
Mixed-use land development opportunity surrounded by retail and industrial properties

INTERSTATE VISIBILITY
Prominent visibility on three highways with average of 175,000 ADT

PROXIMITY TO CVG AIRPORT
One exit from Cincinnati/Northern Kentucky International Airport (CVG), the 7th largest cargo Airport in North America

CVG AIRPORT CARGO HUBS
CVG Airport had the largest cargo volume amongst top 20 airports in 2023

THE CENTER OF DISTRIBUTION
Adjacent to Amazon Air’s Global US Hub, DHL Express Global Superhub for the Americas, Amazon distribution facilities, UPS World Port, and several FedEx Ground Hubs
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CirclePort
151 Acres
Circleport Dr.
Erlandger, KY  41048
Type:  Land
Posted: 5/6/2024
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 Development Site
0.98 Acres
111 South Meramec Avenue
Clayton, MO  63105
Type:  Land
Posted: 8/14/2024
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 188-unit Club Villas apartment community located in Kathleen, Houston County, Georgia. This asset is situated in the thriving community of South Warner Robins. Built in 2006 & 2021-2023, Club Villas offers an outstanding opportunity to invest in a well-located asset with substantial upside in rents, supported by a top-performing school district and robust Middle Georgia economy.
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Club Villas
Offers Due:  Friday, December 13, 2024
188 Units
120 Club Villa Court
Kathleen, GA  31047
Posted: 11/13/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Clarksville 7 Portfolio within the Clarksville, Tennessee MSA. This portfolio offers seven individual properties, five of which are in Clarksville and the remaining two in Oak Grove, Kentucky. Built between 1995-2005, the portfolio represents an outstanding opportunity to combine immediate economies of scale with assumable 4.88% fixed rate Fannie Mae loans. While current ownership has completed extensive reconstruction on two assets (Blue Grass Meadows and Whitehall Townhouses), new ownership can unfurl a brand new value-add program to push portfolio rents $172 at a 24% ROI.
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Clarksville 7 Portfolio (7 properties, 844 units)
Cobblestone
72 Units
2430 Whitfield Road
Clarksville, TN  37040
Posted: 9/26/2024

The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased to present the exclusive listing of the Compton Road Land Site. This 22-acre site boasts a strategic location surrounded by a variety of amenities, high-income areas, and key transportation routes; all in addition to being in a Qualified Census Tract. These nearby amenities provide a diverse range of shopping centers, grocery stores, entertainment options, and restaurants, all within minutes of the site. Furthermore, the site benefits from strong demographics, with an average household income exceeding $75,000 within a 2-mile radius, indicating a desirable consumer base with significant spending power. Its QCT designation offers potential investors access to valuable tax benefits and incentives, further amplifying its attractiveness.

Enhancing its appeal, the Compton Road Land Site enjoys unparalleled accessibility. Its strategic location near the Ronald Reagan Highway and Interstates 71 and 75 provides seamless connectivity to the greater Cincinnati area. The combination of a thriving retail environment, affluent demographics, superior transportation links, and QCT designation positions the Compton Road Land Site as a highly attractive investment for those seeking to capitalize on Cincinnati’s dynamic market.

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Compton Road Land
22 Acres
Compton Road
Cincinnati, OH  45231
Type:  Land
Posted: 12/4/2024
Cushman & Wakefield is pleased to offer for sale the Copper Point Apartments, 107-unit apartment community located in Mesa, Arizona. Built in 1986 Copper Point offers a mix of large one and two bedroom floor plans featuring attractive kitchens, patios or balconies, in unit washer /dryers or hook-ups, fireplaces, full size garages and individual HVAC units. Select units offers vaulted ceilings, clerestory windows, upgraded kitchens and bathrooms and wood plank style flooring. Community amenities include: a large pool and spa area, attractive landscaping, central laundry facility and access to an adjacent biking / walking path. Copper Point has been under the same ownership since 1996 and while the current owners has done and excellent job maintaining the asset there is an exceptional opportunity to add value through a program of updating unit interiors and enhancing existing amenities. Copper Point is being offered on a free and clear basis allowing investors to bring in new financing tailored to their specific investment goals.
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Copper Point Apartments
107 Units
1111 E Brown Road
Mesa, AZ  85203
Type:  Multifamily
Posted: 9/3/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±21-acre Countess Villa & Townhome Site located in Huntsville, AL. A 129-unit build-to-rent project is proposed for the site, but at over 20 acres, it could also be an exceptional multifamily site. Zoning allows for up to 328 units. The site is located only 10 minutes north of Downtown Huntsville and 10 minutes east of the North Huntsville Industrial Park (Toyota & Meta). The Huntsville Northern Bypass project is in progress just south of the site and will be the future loop roadway encircling the city. Over the next four years, the Huntsville rental market is forecasted to average solid annual rent increases of 2.9%. Average household incomes surrounding the site surpass $100K. The Countess Villa & Townhome Site presents an excellent opportunity to develop a Class A build-to-rent or multifamily project in one of the top job markets in the country.
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Countess Villa & Townhome Site
21 Acres
181 Countess Rd NE
Huntsville, AL  35810
Posted: 8/8/2024
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Creekside at Grand Prairie, a new construction CO opportunity consisting of 318 units in Grand Prairie, Texas. This asset is strategically located in a highly visible suburb along I-20 between Hwy 161 and Hwy 360. Coming to completion in fall of 2024, Creekside at Grand Prairie offers an opportunity to invest in a newly built community embedded in a high-growth submarket with top-tier lifestyle amenities including Epic Central, Epic Towne Crossing, The Summit, and Arlington Entertainment District. Furthermore, the property offers unbeatable access to prominent job nodes throughout the metro with notable employers like American Airlines, General Motors, Texas Health, Bell Helicopter-Textron, and Lockheed Martin among many others.
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Creekside at Grand Prairie
318 Units
2425 Bardin Rd
Grand Prairie, TX  75052
Type:  Multifamily
Posted: 7/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 140-unit Summerlyn Place located in Burlington, NC, and the 80-unit Crescent Oaks located in Graham, NC. The assets are situated in the rapidly growing Burlington submarket, which ranks #1 among Triad submarkets for average occupancy, highest rents, quarterly occupancy increase, and quarterly rent growth. The assets are ideally located in the rapidly growing Carolina Core, where thousands of new jobs are being added annually. Through the completion of the in-place value-add program at Summerlyn Place and Crescent Oaks, incoming investors have the outstanding opportunity to increase annual revenue by at least 28%+ over 3 years.
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Summerlyn Place & Crescent Oaks (2 properties, 220 units)
Crescent Oaks
Offers Due:  Wednesday, December 4, 2024
80 Units
130 West Crescent Square Drive
Graham, NC  27253
Posted: 10/11/2024

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 270-unit portfolio of Crossings at East Nashville and Crossings at Madison located in Madison, Davidson County, Tennessee. These assets are well-located in the flourishing East Nashville suburbs set to benefit from the highly-anticipated East Bank Revitalization Project. Built in 1973 and 1978, these properties represent an outstanding opportunity to invest in assets currently achieving up to $223 premiums over classic units with the ability to push rents even further through renovating all units in an elevated value-add program. Located just minutes from I-65, residents have quick access to Nashville’s thriving economy and continued job growth, including the recently announced Oracle campus (8,500 jobs) and New Titans Stadium ($2.1B).
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Crossings at East Nashville & Madison (2 properties, 270 units)
Crossings at East Nashville
158 Units
321 Walton Lane
Madison, TN  37115
Type:  Multifamily
Posted: 10/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 270-unit portfolio of Crossings at East Nashville and Crossings at Madison located in Madison, Davidson County, Tennessee. These assets are well-located in the flourishing East Nashville suburbs set to benefit from the highly-anticipated East Bank Revitalization Project. Built in 1973 and 1978, these properties represent an outstanding opportunity to invest in assets currently achieving up to $223 premiums over classic units with the ability to push rents even further through renovating all units in an elevated value-add program. Located just minutes from I-65, residents have quick access to Nashville’s thriving economy and continued job growth, including the recently announced Oracle campus (8,500 jobs) and New Titans Stadium ($2.1B).
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Crossings at East Nashville & Madison (2 properties, 270 units)
Crossings at Madison
112 Units
110 Archwood Place
Madison, TN  37115
Type:  Multifamily
Posted: 10/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 244-unit Crystal Townhomes & Crystal Heights multifamily communities located in Atlanta, Georgia. These assets are strategically-located along the I-20/I-285 corridor in west Atlanta and have direct access to three of metro’s most prolific job cores: the Fulton Industrial District, Downtown/Midtown, and Hartsfield-Jackson International Airport. Built in 1969 & 1970, both assets have had full-scale recent renovations and come to market with impressive performance and returns.
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Crystal Townhomes & Crystal Heights (2 properties, 265 units)
Crystal Heights
120 Units
3440 Boulder Park Drive
Atlanta, GA  30331
Type:  Multifamily
Posted: 2/16/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 244-unit Crystal Townhomes & Crystal Heights multifamily communities located in Atlanta, Georgia. These assets are strategically-located along the I-20/I-285 corridor in west Atlanta and have direct access to three of metro’s most prolific job cores: the Fulton Industrial District, Downtown/Midtown, and Hartsfield-Jackson International Airport. Built in 1969 & 1970, both assets have had full-scale recent renovations and come to market with impressive performance and returns.
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Crystal Townhomes & Crystal Heights (2 properties, 265 units)
Crystal Townhomes
145 Units
3804 Martin Luther King Drive
Atlanta, GA  30331
Posted: 2/16/2023

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Devonshire
416 Units
8301 Doncaster Way
Louisville, KY  40222
Type:  Multifamily
Posted: 5/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Gateway at Cedar Brook and Domain at Cedar Creek located in Decatur, GA. The properties are offered individually but can be purchased together. These assets offer a unique opportunity to acquire a capex infused assets with very attractive, assumable in-place debt. In addition to below market, fixed rate debt & recently appealed/frozen taxes, the properties are poised to benefit from a continued interior value-add program. Furthermore, Atlanta’s highly-desirable intown neighborhood, Decatur, offers exceptional access to a plethora of metro job centers and lifestyle amenities while maintaining a relaxed, suburban feel. The Decatur submarket offers a premier mix of entertainment and retail destination with over 19.5M SF within a 5-mile radius of the properties. Surrounding demographics are strong and assert promising growth projections. As many young families migrate to the area, submarket demand continues to intensify.
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Gateway at Cedar Brook & Domain at Cedar Creek (2 properties, 332 units)
Domain at Cedar Creek
168 Units
3073 Cedar Creek Parkway
Decatur, GA  30033
Type:  Multifamily
Posted: 9/30/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Eagles Eyrie
80 Units
2424 Eagles Eyrie Court
Louisville, KY  40206
Posted: 5/22/2024

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.

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Early Sun Drive
2.77 Acres
638 Lakewood Circle
Colorado Springs, CO  80910
Type:  Land
Posted: 1/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±35.7-acre Eden Village Development Site located in Denton, TX (Dallas-Fort Worth metroplex). The exceptionally located residential site lends itself well to both build-to-rent and for sale development, as evidenced by high rental rates and home values in the area. Both uses are permitted by zoning. The site will be delivered with finished lots ready for vertical construction, with the majority of the sitework already complete. Denton, 45 min from downtown Fort Worth & 1 hr from downtown Dallas, is a unique and culturally rich university town with a historic downtown that has seen an explosion in development and employment opportunities in recent years. The Eden Village Development Site benefits from strong fundamentals in a growing North Texas market and is an excellent opportunity to assume an expedited development timeline.
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Under Contract
Eden Village Development Site
35.7 Acres
201 N Loop 288
Denton, TX  76209
Type:  Land
Posted: 7/22/2024

Cushman & Wakefield’s Multifamily Advisory Group is pleased to offer for sale the Edge 400 Apartments, an approved 180-unit transit-oriented apartment development opportunity located in Hartford, Connecticut. The 5-acre site is strategically located near the West Hartford town border, minutes from Interstate 84 and equidistant to downtown Hartford and West Hartford Center. The location is convenient to major nearby employers as well as the incredible assortment of lifestyle amenities available in West Hartford.

The project is fully approved as 180-units, 100% market rate, across three (3) four (4) story wood framed buildings with 184 surface parking spaces. Alternatively, with administrative approval by the city, there’s an opportunity to increase the project to 231-units by constructing a single 5 story building (comprised of 4 levels of wood framing over a single level podium structure) with 294 parking spaces (105 covered/below building and 189 surface spaces). The Edge 400 Apartments will feature first-class finishes and appliances within the units, state-of-the-art technology, and beautiful landscaped grounds. Located adjacent to West Hartford, the project will offer future residents an excellent lifestyle with convenient access to all that Hartford and West Hartford offer.

The City of Hartford has a variety of financial incentives to support development, including a long-term tax abatement program and low-cost secondary financing through the Capital Region Development Authority (CRDA). The incoming developer will be able to leverage these incentives. Given the groundwork completed to date by the current ownership, these financing incentives should be able to be advanced quickly.

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Edge 400 Apartments
4.94 Acres
330 New Park Ave
Hartford, CT  06101
Type:  Land
Posted: 7/30/2024

The Cushman & Wakefield Land Advisory Group is pleased to present Elevation, Gwinnett County’s last remaining master planned opportunity. The site is fully entitled for 1,008 single-family lots across three distinct tracts, with Land Disturbance Permits (LDPs) currently being prepared.

Key Features Include:

  • Unmatched opportunity to control 5+ years of pipeline in Atlanta’s most sought-after suburb.
  • Gwinnett County has been a top-2 county for growth in Metro Atlanta since the 1980’s, resulting in a critical shortage of homes and residential land.
  • The site has been value-engineered to maximize development efficiencies and minimize off-site costs.
  • Seller’s efforts to obtain LDPs are advanced. Approved permits for the project’s first 368 lots are expected in Q1 2025 with the balance expected in Q2 2025.
  • Convenient access to employment hubs, one of Georgia’s best performing school districts, and the region’s best retail area, all while only a 45-minute drive to Midtown.

Elevation is the premier master planned homebuilding opportunity of its scale in one of Metro Atlanta’s top growth counties.

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Elevation
Offers Due:  Thursday, December 12, 2024
509.57 Acres
Mineral Springs Rd
Gwinnett County, GA  30011
Type:  Land
Posted: 11/12/2024