Echo Park Bloomington is a premier luxury community located on the south side of booming Bloomington, IN. The thoughtful high-end modern design of this class A new construction property creates a living environment above all other competition. The luxurious living experience caters perfectly to the high income young professional residents.

Bloomington is best known for the highly-rated, 45,000+ enrollment Indiana University, but this city has more to offer than just the typical college town in the way of high paying employment opportunities, international cuisine, music venues, retail boutiques, lakes, wineries and the Hoosier National Forest.

Echo Park is currently 97% occupied and has an excellent lease trajectory into the future. Its stabilization and high occupancy allow for the best permanent new financing terms available.

...
Echo Park - Bloomington
154 Units
2780 S Walnut Street Pike
Bloomington, IN  47401
Posted: 7/29/2019
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 Emerald Pointe - 192 units located in the desirable Hoover submarket of Birmingham, AL. This asset offers outstanding visibility off Old Rocky Ridge Road, within minutes of 10,000+ jobs and nearly 3M square feet of quality retail amenities. Hoover maintains heavy multifamily restrictions and is attracting a massive influx of new residents as Alabama continues to grow. Emerald Pointe exited the LIHTC program in September 2017 and is poised for powerful collections growth as the remaining affordable units turn to full market rates. Originally constructed in 1974, Emerald Pointe presents the opportunity to acquire an asset with significant organic growth upside in a prime location.
...
Emerald Pointe
192 Units
2149 Emerald Pointe Drive
Birmingham, AL  35216
Type: LIHTC
Posted: 8/15/2019

Emerson Village Apartments, situated on 23 acres, is a 352-unit community conveniently located on the southeast side of Indianapolis. With exceptional visibility directly on a major north south thoroughfare, the property has mature trees, two lakes and provides a quiet neighborhood setting.

The well-maintained property was built in two phases, Phase I 1987 and Phase II 1988 with approximately thirty percent of the units currently upgraded allowing the new ownership the ability to further increase revenue by continuing the unit upgrades.

Located in Franklin Township, on the southeast side of Indianapolis, Emerson Village enjoys exceptionally easy and convenient access to downtown Indianapolis, local restaurants and employment.

Offered Free and Clear, the property’s stable financial performance will allow for the most competitive and attractive new debt structure.

...
Emerson Village
Offers Due:  Friday, November 15, 2019
352 Units
5140 Emerson Village Drive
Indianapolis, IN  46237
Type: Conventional
Posted: 9/30/2019

English Village is a partially renovated 1987 built property in a desirable location that benefits from limited nearby competition. 71 units have been fully upgraded and achieve rent premiums of $100 +/-.

The new owner could continue to upgrade and updated the remaining 137 unit to increase revenue. Located in Warren Township, on the southeast side of Indianapolis, English Village enjoys exceptionally easy and convenient access to downtown Indianapolis, local restaurants, employment and medical facilities.

English Village offers very attractive Fannie Mae debt already in place which can be assumed. Debt terms include a low 4.57% interest rate, interest only payments until December of 2022 and loan maturity not until November of 2032.

English Village can be purchased individually or as part of a 600 unit, 3 property portfolio to include Pheasant Run – 184 Units and Echo Ridge 208 Units. All three properties are located on the south eastside of Indianapolis and a portfolio purchases offers economies of scale.

...
Under Contract
English Village
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 176-unit Estates at Barrington apartment community located in Macon, Bibb County, Georgia. This asset is situated in the charming Barrington Hall community in Northwest Macon, desirable for its unique neighborhood setting paired with excellent access to the market’s finest retail corridors. Macon’s excellent apartment market fundamentals have made way for proven value-add renovation strategies as well as new development that is raising the rent ceiling for the Class A market. Built in 1995, Estates at Barrington Hall arrives generously amenitized and in prime condition to benefit from an aggressive value-add strategy with potential to increase potential annual income by more than $333K.
...
Under LOI
Estates at Barrington
176 Units
301 Barrington Hall Drive
Macon, GA  31210
Type: Conventional
Posted: 6/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 362-unit Cartersville Portfolio located in Cartersville and Adairsville, Bartow County, Georgia. These assets are situated in rapidly-expanding northwest suburban Atlanta with proximity to the prolific I-75 accelerated growth corridor. Built in the early to later 2000s, these nine sets of properties represent a rare opportunity to establish a substantial investment footprint in one of Atlanta’s northwest expansion areas where the population is projected to increase by 30% through 2050.
...
Cartersville Portfolio (9 properties, 362 units)
Evergreen Trail Townhomes
4 Units
205 Evergreen Trail
Cartersville, GA  30121
Posted: 5/22/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 160-unit Fiddlers Creek apartment community located in Winston-Salem, North Carolina. Given the proximity to major thoroughfares, residents can enjoy a short commute to downtown Winston-Salem, Hanes Mall and all of the region’s top employment. In addition to locational advantages, the submarket has seen 11% rent growth over the past 3.5 years and has no units proposed through 2021. The asset is sheltered from new competition and is set to continue strong rent growth trends. New ownership is presented with a unique investment opportunity to boost NOI by 62% through a multi-pronged value add approach totaling $355K in new revenue.
...
Under LOI
Fiddlers Creek
160 Units
2180 Fiddlers Court
Winston-Salem, NC  27107
Type: Conventional
Posted: 8/5/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Sunset 3 Portfolio - three assets with recent capital improvements in Austell, GA and Douglasville, GA. The Sunset 3 Portfolio represents the opportunity to immediately establish a strong investment platform in the expanding I-20 west growth corridor of Atlanta. Well-situated with access to major economic drivers, Forest Glen, Stewart’s Mill, and Place at Midway are poised for powerful growth through proven value-add strategies and market-backed rental upside.
...
Sunset 3 Portfolio (3 properties, 652 units)
Forest Glen
264 Units
4236 Austell Road
Austell, GA  30106
Type: Conventional
Posted: 9/16/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present the City Center Portfolio, a 500-unit, four property portfolio located in Newport News, Virginia. The Properties - Kingstowne (1974 & 1985), Boston Cove (2008), Forrest Court (1971), and Victoria Place (1985) - exhibit strong value-add fundamentals with in-unit renovations which can generate significant rent increases, proven out within the broader submarket. A substantial amount of capital has been invested in the Properties that limits downside risk associated with deferred maintenance and will allow a new investor to focus on income generating renovations. Additionally, the Portfolio is being offered at a price significantly below replacement cost, providing investors with an incredibly attractive acquisition basis relative to newly constructed Class A properties. The Properties are strategically located around Newport News’ premier mixed-use development, City Center at Oyster Point, and have immediate access to I-64 only minutes away. The City Center Portfolio is a rare opportunity to combine irreplaceable Newport News locations and immediate scale with additional upside in the vastly expanding Hampton Roads market.
...
Under LOI
Newport News City Center Portfolio (4 properties, 500 units)
Forrest Court
46 Units
827 Forrest Drive
Newport News, VA  23606
Posted: 7/8/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 60-unit, two-property portfolio of Georgian Terrace and Chestnut Hill apartment communities located in Marietta, Georgia. These assets are situated in northwest suburban Atlanta, Cobb County, home to thriving employers such as Lockheed Martin, Dobbins Air Reserve Base, and Kennesaw State University. Built in 1967 and 1968, Georgian Terrace and Chestnut Hill are primed for value-add repositioning and long-term returns in a thriving submarket.
...
Under Contract
Georgian Terrace & Chestnut Hill (2 properties, 60 units)
Georgian Terrace
20 Units
1565 Austell Road SE
Marietta, GA  30008
Type: Conventional
Posted: 4/22/2019
Cushman & Wakefield San Antonio Commercial Advisors is pleased to exclusively offer the Grant Avenue Apartments in San Antonio, TX. Built in 1960, the asset consists of 30 units within three buildings, all of which are two-story garden-style walk-ups. The asset is only one block off of busy Blanco Road, and there are three different floor plans ranging from ±550SF to ±775SF. Grant Avenue Apartments represents an outstanding investment. Rents are well-below market and there is currently no RUBS in place. Based on a five-year hold, the asset offers potential returns of 14% cash-on-cash and an IRR of 19%. Construction is concrete slab with brick and wood siding. Electricity is individually-metered, and rents include natural gas and water. Gas services the cooktops, hot water boiler and dryers in the laundry room. The boiler is only 3-4 years old, and two of the three buildings have new PEX piping and copper plumbing. All electrical wiring is copper. Two buildings received new pitched composition shingle roofs in 2014, and the flat modified bitumen roof was replaced on the last building in 2016. Residents enjoy a central, gated swimming pool area, covered parking, and an onsite laundry room and management office. Interior amenities include a full appliance package, gas cooktops, mini blinds, lots of closets and central electric heat/AC.
...
Grant Avenue Apartments
30 Units
3519 Grant Avenue
San Antonio, TX  78201
Type: Conventional
Posted: 9/9/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit, Greenwood at Ashley River apartment community located in Charleston, SC. Embedded just outside of the peninsula in the heart of North Charleston, the property sits in close proximity to the top employment drivers in North Charleston where large investments have continually been made to expand and strengthen the Charleston job market. With a massive infusion of +$4.3 Million and affluent demographics, Greenwood at Ashley River offers the chance to boost NOI by 20% with over 63% of units left to renovate generating proven premiums of $150+.
...
Under LOI
Greenwood at Ashley River
280 Units
6520 Dorchester Road
North Charleston, SC  29418
Type: Conventional
Posted: 8/7/2019

Cushman & Wakefield Senior Housing Capital Markets (C&W) is pleased to exclusively present the CHICAGO SUBURBAN ACTIVE ADULT community ("Property", "Community"), a 150-unit market-rate concrete constructed active adult property located in the highly coveted Chicago Illinois metropolitan area.  The Property benefits from 90%+ occupancy, exceptional historical rent growth and significant performance upside opportunities.  The Community is located in the midst of abundant seniors and adult-children populations, nearby extensive amenities and convenience to downtown Chicago.

The CHICAGO SUBURBAN ACTIVE ADULT community is offered free and clear of debt and management encumbrances.

Strong Occupancy Momentum and Significant Upside:

  • 90%+ occupancy
  • Strong in-place NOI and upside through closing the loss-to-lease gap

Strong In-Place Rent Growth:

  • 41.9% rent growth per occupied unit since 2015
  • 6.6% year-over-year average rent growth

Robust Demographic Tailwinds:

  • 35,026 seniors aged 65+ within 5 miles and expected to grow by 23% within 5 years
  • 14,051 adult children (age 45-64, $100k household income) within 5 miles

IL Conversion Opportunity:

  • Significant (50%+) discount to comparable IL rents
  • 60%+ Return on Investment (est.)
...
Chicago Suburban Senior Apartment Community
150 Units
Suburban Chicago, IL
Type: Senior
Posted: 9/25/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 166-unit apartment portfolio located in Clarksville, TN & Oak Grove, KY. The portfolio consists of five properties: Fort Campbell: [Campbell House (48 units), Hunter Hills (26 units), & Harrier Court (16 units)], Jack Miller (40 units), & Oak Grove (36 units). This asset is situated in the strategically-located submarket of northwest Nashville. Built between 1972 and 2005, these assets offer an outstanding opportunity to invest in stable, cash flowing assets primed for value-add campaigns to further boost returns.
...
Clarksville Value-Add Portfolio (5 properties, 166 units)
Harrier Court
16 Units
175 Harrier Court
Clarksville, TN  37042
Posted: 10/2/2019
Irreplaceable Location in one of Orlando’s Most Dynamic Submarkets

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Haven at Reunion, a brand-new apartment home community in Kissimmee, Florida. The 338-unit property consists of three-story garden style buildings with an average unit size of 989 square feet. Developed in 2019, the property consists of a mix of one-, two- and three-bedroom residences with expansive common area amenities and market leading finishes. The location of Haven at Reunion is just minutes from I-4 providing residents with excellent access to the areas’s top employers such as Walt Disney World, Universal Studios, NeoCity, Lake Nona, Darden Restaurants, Lockheed Martin, and AdventHealth.

...
Under Contract
Haven at Reunion
338 Units
7995 Haven Way
Kissimmee, FL  34747
Type: Conventional
Posted: 7/29/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 52-unit Heron Lakes apartment community located in Mobile, Alabama. This asset is desirably positioned just off Government Blvd and within the Heron Lakes Country Club neighborhood (85k HH incomes, $300-$700k home values), which provides the community with a highly affluent renter pool. Heron Lakes also sits minutes from the area’s top employers (Mobile Aeroplex, Downtown) and 12M+ square feet of quality retail space (Shoppes at Bel Air, McGowin Park, etc). Built in 1972 and renovated in the mid-2000’s, Heron Lakes offers the investor a well-maintained property with strong in-place cash flow and substantial further value add upside.
...
Under Contract
Heron Lakes
52 Units
1164 Skywood Drive
Mobile, AL  36693
Posted: 3/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the historic, 166-unit Highland Mill Lofts apartment community in the heart of Charlotte, North Carolina’s unique epicenter for arts and entertainment, the North Davidson neighborhood (NoDa). With a prominent presence on North Davidson Street, and barbelled by two LYNX Blue Line stations, Highland Mill Lofts offers investors the rare opportunity to acquire a historic landmark that provides a 50% perpetual annual tax abatement, boasts the largest floor plans in the submarket, and delivers a diversified income stream through over 11,000 sqft of leased retail space. Highland Mill Lofts is ideally positioned in Charlotte’s fastest growing submarket, as NoDa promises an attractive value proposition for those seeking a unique community with seamless connectivity.
...
Under Contract
Highland Mill Lofts
166 Units
2901 N. Davidson Street
Charlotte, NC  28205
Type: Conventional
Posted: 5/9/2019

The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased to present the exclusive listing the 22-acre Highlands Market Square site located in Cincinnati, Butler County, OH. This asset is situated in the thriving West Chester Township.  Highlands Market Square offers an outstanding opportunity to invest and develop residential apartments.

...
Highlands Market Square
22 Acres
8290 Cincinnati Dayton Rd
West Chester, OH  45069
Type: Land
Posted: 6/27/2019
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire the Hillcrest Apartments Site (the “Property”), a ±4.92 acre development site for up to 172 multifamily units in Antioch, California. Situated approximately one-half mile from the Antioch BART station, the Property’s 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.

The Hillcrest Apartments Site is currently undeveloped land, affording a developer the opportunity to program the highest and best use for the site. The San Francisco Bay Area’s extreme housing imbalance, combined with state-wide efforts to stimulate dense housing development near transit stops, makes the Property an ideal site for a garden-style apartment community.

With a transit-friendly location and easy access to the San Francisco Bay Area’s economic core, the Hillcrest Apartments Site will benefit from Antioch’s position as one of the top performing apartment submarkets in the San Francisco Bay Area which is projected to further outpace the region with 41% rent growth while maintaining 96% average occupancy through 2028.
...
Hillcrest Apartments Site
   
Antioch, CA  94531
Type: Land
Posted: 6/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Hillcrest Park condo community located in Atlanta, DeKalb County, Georgia. Sixty of the total 66 condos are available for purchase. This boutique asset is situated in desirable east metropolitan Atlanta, and is convenient to large employers and vibrant entertainment and dining options. Redeveloped in 2009 and 2018, Hillcrest Park is a solid-performing property with attractive, spacious units, on-trend finishes, and organic rent growth in its submarket.
...
Under Contract
Hillcrest Park
60 Units
1380 Custer Avenue
Atlanta, GA  30316
Posted: 4/3/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Hilltop Village - 146 units situated inside the gates of Birmingham Southern College (BSC) and within an opportunity zone. Hilltop Village boasts superior walkability to all of BSC’s campus facilities and proximity to Downtown Birmingham. The asset represents a highly unique investment opportunity as it involves a long-term ground lease, is 100% tax-exempt and maintains far below-market insurance rates as the property will remain on BSC’s master policy. Heavily capitalized in 2006, Hilltop Village is primed for future ownership to implement a "2.0" renovation program and significantly grow rental income.
...
Hilltop Village
146 Units | 232 Beds
1013 Hilltop Parkway
Birmingham, AL  35204
Type: Student
Posted: 9/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Hunt Club apartment community located in Winston-Salem, North Carolina. This asset is situated in the rapidly-expanding Piedmont Triad, which saw market leading rent growth for the Southeast in the second quarter of 2019. The thriving economy of Winston-Salem has seen over $800M in funding for the Wake Forest Innovation Quarter while witnessing an influx of new residents seeking exciting opportunities in the tech and science fields. As a result, the immediate 3-mile radius around Hunt Club boasts extremely attractive demographics with the population consisting of 48% renters that bring home an average household income of over $84,000. Built in 1985, Hunt Club represents an outstanding opportunity to see a 37% NOI boost through the implementation of a market supported, interior value-add program that would command rental premiums of up to $100.
...
Hunt Club
Offers Due:  Thursday, October 17, 2019
128 Units
103 Echo Glen Drive
Winston-Salem, NC  27106
Type: Conventional
Posted: 9/11/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 166-unit apartment portfolio located in Clarksville, TN & Oak Grove, KY. The portfolio consists of five properties: Fort Campbell: [Campbell House (48 units), Hunter Hills (26 units), & Harrier Court (16 units)], Jack Miller (40 units), & Oak Grove (36 units). This asset is situated in the strategically-located submarket of northwest Nashville. Built between 1972 and 2005, these assets offer an outstanding opportunity to invest in stable, cash flowing assets primed for value-add campaigns to further boost returns.
...
Clarksville Value-Add Portfolio (5 properties, 166 units)
Hunter Hills
26 Units
155 Jack Miller Blvd
Clarksville, TN  37042
Posted: 10/2/2019