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.
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Under Contract
Crosspointe Multifamily Development Site
19.98 Acres
Killian Road
Columbia, SC  29203
Type:  Land
Posted: 10/2/2023
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, 244 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, 244 units)
Crystal Townhomes
124 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
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.
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Under Contract
Downtown Phoenix Multifamily Development Site
   
NWC South 5th & East Lincoln Streets NEC South 5th & East Buchanan Streets
Phoenix, AZ  85004
Posted: 2/2/2022

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

Investment Highlights:

- Rare North Colorado Springs infill opportunity.

- All 1 Bed / 1 Bath units with terraces.

- Fully approved development plans for 40 units.

- Minutes from local retail, dining, and entertainment options through the North Academy Blvd Corridor.

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Erindale Development Site
1.37 Acres
5705 Erindale Drive
Colorado Springs, CO  80918
Type:  Land
Posted: 6/20/2024

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.

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Fair Lakes
   
4300 Fair Lakes Court
Fairfax, VA  22033
Posted: 9/8/2022

The Fairway, a 167-unit, 298-bed student-centric housing community, enjoys a strategic position near Purdue University’s bustling campus. With over 52,000 students within walking distance, The Fairway is poised to capture demand from an expanding student base seeking an attainable rental price point compared to new-construction properties.

The Fairway was originally constructed in the 1960s and had a third phase delivered in 2007. In 2018, all 12 buildings received extensive renovations, including brand-new appliances, in unit washer/dryer, upgraded flooring, stylish countertops, and modern cabinets. The property boasts ample amenities, including a pool, hot tub, fitness center, community room, and fenced dog park.

THE PROPERTY

a. Recently renovated units featuring in unit washer/dry, stainless-steel appliances, vinyl plank flooring, quartz countertops and modern cabinets

b. Full amenity package featuring a pool, hot tub, fitness center, community room, and fenced dog park

c. Well positioned just one mile from Top 10 Nationally Ranked Purdue University - over 52,000 students and 18,000+ employees

d. Immediate access to top retailers including grocers Walmart, Fresh Thyme, and Aldi, along with major convenience stores Walgreens and CVS

THE MARKET

a. Caters to growing student base – Purdue University saw 7% YOY growth in applications in 2023, and 82% growth since 2013

b. 9.6% rent growth in 2023 at Purdue with 97% occupancy, averaging 5.8% rent growth over the last five years

THE UPSIDE

a. 100% leased for 2024/2025 school year - demonstrates demand for lower-cost student housing with a captive tenant base

b. Ability to significantly increase rents via value-add program by improving property condition, rejuvenating amenities, and furnishing the units

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Fairway, The
167 Units
1304 Palmer Dr.
West Lafayette, IN  47906
Posted: 5/22/2024
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.
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Under LOI
Fieldstone Glen
216 Units
2615 Mount Zion Parkway
Jonesboro, GA  30236
Type:  Multifamily
Posted: 3/26/2024

The Flying Horse Development Site is a 5.915-acre shovel ready site located in the highly sought after Flying Horse masterplanned community in North Colorado Springs. This development site is the only land currently available in Flying Horse that is zoned for multifamily, offering an abundance of optionality; whether developing Apartments, Active Adult, For Sale product, or Build-for-Rent product.

Investment Highlights:

• Only available site zoned multifamily within the Flying Horse master-planned community

• Currently entitled for 118 units and 20 DU/Acre

• The Flying Horse Community & Club features two pristine 18-hole golf courses, 43,000 SF clubhouse, fitness facilities, renowned Spa at Flying Horse, world-class steakhouse and dining

• Located in the highly desirable Academy School District 20 that consistently ranks in the top two districts in Colorado Springs

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Flying Horse Development Site
5.92 Acres
Silversmith Road
Colorado Springs, CO  80921
Type:  Land
Posted: 6/17/2024
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
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Fourth & Walnut Centre
   
101-105 East Fourth Street
Cincinnati, OH  45202
Posted: 3/2/2023
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.
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Under Contract
Gardens at Knoxwood
97 Units
2627 Wimpole Avenue
Knoxville, TN  37914
Type:  Multifamily
Posted: 9/27/2023
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.
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Under Contract
Glen Este - Withamsville Rd-Residential Developmen
10 Acres
Glen Este - Withamsville Rd.
Cincinnati, OH  45245
Type:  Land
Posted: 4/18/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Grandview Pointe. This unique offering comprises 96 existing multifamily units built in 2009 alongside 30+ acres of contiguous development land. Grandview Pointe is unlike any other multifamily site in the City of Mobile with its frontage on Mobile Bay. The asset boasts 1,400+ feet of shoreline along Mobile Bay, a first-class amenity package and convenient access to Downtown Mobile. The 96 existing multifamily units continue to outperform the market due to the unique location and unmatched livability factor. Grandview Pointe represents a compelling opportunity to acquire a performing asset while also shaping the development land into a prominent community landmark.
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Grandview Pointe
Offers Due:  Tuesday, July 23, 2024
96 Units
6151 Marina Drive S
Mobile, AL  36605
Type:  Multifamily
Posted: 6/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 174-unit Greenbriar Commons apartment community located in Atlanta, Fulton County, Georgia. This asset is situated in the strategically-located, I-20 Fulton Industrial District of southwest Atlanta. Built in 1972, and renovated in 1993, Greenbriar Commons represents an outstanding opportunity to invest in a naturally expiring LIHTC property with excellent value-add potential. Nestled within a thriving logistics-driven submarket, the property benefits from a location that aligns with the demands of modern commerce. Greenbriar Common’s proximity to key transportation and distribution centers positions it as a valuable asset in Atlanta’s logistics and e-commerce hub.
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Greenbriar Commons
Offers Due:  Wednesday, August 14, 2024
174 Units
3000 Stone Hogan Connector
Atlanta, GA  30331
Posted: 6/20/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Cedar Ridge (104 Units, 1973 Build) & Greenview Meadows (109 Units, 1972 Build) located in the thriving Charlotte submarket of Gastonia. The assets are in close proximity to Gastonia’s revitalized downtown, which has experienced a resurgence due to significant investments in the FUSE District and overall corporate investment in the area. Cedar Ridge & Greenview Meadows presents a remarkable investment opportunity in the expanding Gastonia submarket, where yearly rent growth is expected to exceed 4% and average occupancy rates to remain above 95% through 2029. Offered together or separately, Cedar Ridge & Greenview Meadows provides substantial upside potential through assumable debt and continuation of the proven value add programs where renovated units are achieving $100-$236 over classic units. This offering provides investors the blueprint to continue to close the rental gap to the top of the market.
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Under Contract
Cedar Ridge & Greenview Meadows (2 properties, 213 units)
Greenview Meadows
109 Units
1659 Greenview Drive
Gastonia, NC  28052
Type:  Multifamily
Posted: 2/14/2024

The Cushman & Wakefield Florida Multifamily Group is pleased to present the 130-unit Greenway Apartments community located in Sarasota, Florida.

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Greenway Apartments
130 Units
3890 Greenway Drive
Sarasota, FL  34232
Posted: 5/20/2024
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.
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Under Contract
Grove Parkview
268 Units
1900 Glenn Club Drive
Stone Mountain, GA  30087
Type:  Multifamily
Posted: 3/18/2024

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.

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Hamilton Point on Egypt Lake
638 Units
6900 Concord Drive
Tampa, FL  33614
Posted: 1/24/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 209-unit Harmony apartment community located in Columbus, Muscogee County, Georgia. This asset is in the desirable central corridor of Columbus providing convenient access to major employers (Aflac, TSYS, Synovus, and BlueCross BlueShield) via I-185. Built in 1968-1973, Harmony represents an outstanding opportunity to invest in proven value-add asset with immediate upside, given that only 8% of units have been renovated to a premium level achieving $237 over classics. Additionally, the property has attractive assumable debt with a below market interest rate at 3.68%.
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Harmony Apartments
Offers Due:  Wednesday, July 31, 2024
209 Units
243 Oakley Court
Columbus, GA  31906
Posted: 6/25/2024
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.

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Hawthorne Heights
54 Units
906 NE Heights Ln
Bentonville, AR  72712
Type:  Multifamily
Posted: 11/28/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit Hearthstone Homes OKC duplex community located in Oklahoma City, OK. This asset is strategically located in the South Oklahoma City submarket, where comparable properties are seeing market-leading occupancy numbers (96%). Hearthstone Homes OKC is also highlighted by a proven Value Add campaign, as recent move-ins are achieving ~$150 premiums over classic units. Built in 1984, Hearthstone Homes OKC offers an outstanding opportunity to invest in a proven value add duplex asset in a unique infill location.
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Hearthstone Homes OKC
62 Units
8720 S Santa Fe Ave
Oklahoma City, OK  73139
Type:  Residential
Posted: 6/18/2024