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Displaying results 97-120 of 1208
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 124-unit Spires of Sherwood apartment community located in East Baton Rouge Parish, Baton Rouge, LA. This asset is situated in the desirable Sherwood Forest neighborhood with a host of single family homes and commercial and retail developments surrounding the property. Located just off of I-12, residents have access to the majority of Baton Rouge’s top employers. Amazon is building a new Fulfillment Center 4 miles from the property that will create over 1,000 jobs. Built in 1974, Spires of Sherwood offers an outstanding opportunity to invest in a value-add potential in the East Baton Rouge parish, where demand for multifamily housing is rapidly outpacing supply.
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Spires of Sherwood
124 Units
11888 Old Hammond Highway
Baton Rouge, LA  70816
Type:  Multifamily
Closed: 4/7/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 40-unit Westminster located in Macon, Bibb County, GA. This asset is situated in the strategically-located area of West Macon, moments from strong retail and education in Sam's Club, Best Buy, Kroger, The Home Depot and Middle Georgia State University. Built in 1972, Westminster offers an outstanding prospect to invest with proven value-add in a thriving market. Additionally, current ownership has invested nearly $250k of CapEx (roofs, parking lot, HVAC, etc.) allowing for the focus to be on operations starting day 1.
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Westminster
40 Units
1655 N Atwood Drive
Macon, GA  31204
Closed: 4/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 104-unit Green Meadows @ 2910 apartment community located in Augusta, Richmond County, Georgia. This asset is situated in South Augusta, close to major retail and restaurant corridors as well as immediate access, via I-520, to over 50K Downtown employment opportunities and 25K Fort Gordon jobs. Built in 1968, Green Meadows @ 2910 represents an outstanding opportunity to invest in a proven value-add asset, with 80% of units left to renovate, a new owner can garner an additional $165 through a moderate value-add strategy.
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Green Meadows @ 2910
104 Units
2910 Richmond Hill Road
Augusta, GA  30906
Type:  Multifamily
Closed: 3/16/2022
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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 460-unit Park at Peachtree Corners apartment community located in Peachtree Corners, GA. This asset is situated in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, one of the fastest growing counties in the southeast. Within a 3-mile radius of the property, there are several large employment nodes and over 33M SF of industrial space. While over $5M has been spent on capital improvements, the property is primed for an interior value-add program to further modernize interiors. Built in 1985 by Post Properties, Park at Peachtree Corners offers an outstanding opportunity to invest in a well-maintained asset with significant value-add potential and a historically strong property performance in a high-barrier submarket.
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Park at Peachtree Corners
460 Units
3341 Peachtree Corners Circle
Norcross, GA  30092
Type:  Multifamily
Closed: 3/11/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 217-unit The Clarion apartment community located in Decatur, DeKalb County, Georgia. Decatur was recently ranked the #2 best suburb in all of Georgia by Niche.com. This asset, situated in the rapidly-expanding Uptown Decatur area of northeast Atlanta, is less than one mile from the Avondale MARTA transit station, and offers close-in access to all of Atlanta’s major employment hubs via I-285 and I-85. Built in 1990, The Clarion is an outstanding opportunity to invest in a pristine, value-add asset in an A+ ranked Atlanta suburb.
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The Clarion
217 Units
10 Rimington Lane
Decatur, GA  30030
Type:  Multifamily
Closed: 3/1/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 73-unit Overlook Club apartment community located in Columbus, Muscogee County, Georgia. This asset is situated in the desirable east Columbus area providing quick access to major employers (Aflac, TSYS, Synovous, and BlueCross BlueShield) via I-185. Built in 1964, Overlook Club offers an outstanding value-add opportunity, as interors are nearly original. Current ownership has renovated one unit which is achieving a $265 premium, proving the ability to significantly push rents.
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Overlook Club
73 Units
100 Lockwood Court
Columbus, GA  31906
Closed: 2/24/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 127-unit Villages of Hikes Point apartment community located in Jefferson County, Louisville, KY. This asset is strategically located near major arteries, providing quick access to Louisville’s top employers, including UPS Worldport and GE Appliance Park. Currently, 121 out of 127 total units have undergone an interior renovation program. Built in 1971, Villages of Hikes Point represents an excellent opportunity to invest in a true workforce housing asset with renovated interiors in a high job-growth submarket.
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The Villages of Hikes Point
127 Units
3712 Klondike Lane
Louisville, KY  40218
Closed: 2/23/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Bridgewater at Mt. Zion apartment community located in South Metro Atlanta, Clayton County, GA. Clayton County is experiencing rapid rent growth and compressed vacancy due to a surge in employment and housing demand. Strategically situated between I-75 and I-675 major corridors, just eight miles southeast of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers. With over $1.2M invested in the asset and 119 classic units remaining, the property has a value-add blueprint in place. Built in 1994, Bridgewater at Mt. Zion represents an outstanding opportunity to invest in a proven value-add potential in Atlanta’s burgeoning southern crescent region.
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Bridgewater at Mt. Zion
200 Units
3156 Mt. Zion Road
Stockbridge, GA  30281
Type:  Multifamily
Closed: 2/21/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Foundry Yards, a 268-unit luxury apartment community with 20K SF of future, adjacent office and retail space located in Birmingham, Alabama, which has the nation’s second lowest unemployment rate according to the Wall Street Journal and 50K+ jobs added since April 2020. Foundry Yards is anchored by Birmingham’s expansive healthcare industry with the University of Alabama at Birmingham ranking the #1 Best Large Employer in America by Forbes with a total of 23K jobs and an employment impact of 64K within a 10-minute walk of the property. Also, the asset is primed to benefit from the city’s emergence as a technology hub, ranked as #2 up and coming tech hot spots according to MarketWatch. Centralized in the newly revitalized Parkside District, Foundry Yards is positioned adjacent to multiple breweries, acclaimed restaurants, the 19-acre Railroad Park, and Regions Field which is home to the Birmingham Barons, an AA-affiliate of the Chicago White Sox. In 2021, Foundry Yards has experienced incredible leasing velocity with 45 move-ins per month and 14% effective rent growth since May.
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Foundry Yards
268 Units
10 13th Street South
Birmingham, AL  35233
Closed: 2/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 48-unit Macon Portfolio, Ridge Pointe and Blue Ridge, located in Macon, Bibb County, Georgia. These assets are situated in the desirable northwest Macon community, providing access to several top retail corridors and major employers (Navicent Health, Amazon, and Geico). Built in 1987 and 1985, Ridge Pointe and Blue Ridge represent an outstanding opportunity to invest in a value-add portfolio, boosting rents $260 and garnering 46% blended ROI. Furthermore, a new owner has the opportunity to increase rents organically with more than 30% of leases being over 6 years.
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Ridge Pointe & Blue Ridge
48 Units
2981 Ridge Avenue
Macon, GA  31204
Type:  Multifamily
Closed: 2/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 40-unit Norris Place apartment community located in Augusta, Richmond County, Georgia. This asset is situated in South Augusta, close to major retail and restaurant corridors as well as immediate access, via I-520, to over 50K Downtown employment opportunities and 25K Fort Gordon jobs. Built in 1971 and fully renovated in 2019, Norris Place represents an outstanding opportunity to invest in a proven value-add story with significant upside.
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Norris Place
40 Units
1931 Murphy Road
Augusta, GA  30904
Closed: 2/11/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Landings @ 237, a 496-unit apartment community located in Augusta, Richmond County, Georgia. This asset is situated in the rapidly-expanding area of West Augusta. Built in 1949 & 1966, The Landings @ 237 represents an outstanding opportunity to invest in a community that has a proven value-add story as the current program is achieving $100 premiums. Over the past 14 months, ownership has invested $1.4M in capital improvements at the property. These enhancements include 45 new roofs, renovated leasing offices, renovated entrances, sidewalk repairs, and significant landscaping work.
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The Landings @ 237
496 Units
237 Fox Trace
Augusta, GA  30909
Type:  Multifamily
Closed: 2/2/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 389-unit The Carlyle of Sandy Springs apartment community located in North Atlanta, Fulton County, Georgia. This asset is strategically located between Roswell Road and GA 400, in the highly affluent and sought-after Sandy Springs submarket. The asset is surrounded by 9.3M SF of retail, including high-end shopping, restaurants, and destination spots. The property is also steps from the Chattahoochee River and numerous nature trail systems. Due to the strong rent growth in the submarket, the 18 most recent leases have been signed at an average of $355 over in-place rents. With 123 fully renovated units at the property, the asset is primed for an interior value-add program to the remaining units. Built in 1972, The Carlyle of Sandy Springs offers an outstanding opportunity to invest in an exciting value-add asset in a high barriers-to-entry submarket with limited new supply.
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The Carlyle of Sandy Springs
389 Units
501 North River Parkway
Sandy Springs, GA  30350
Type:  Multifamily
Closed: 2/1/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Hampton East and Friar Tuck apartment communities located in Albany, Dougherty County, Georgia. These two assets are both minutes from Albany’s largest employers, including Phoebe-Putney Memorial Hospital, Teleperformance, and Proctor & Gamble. Built in 1997 and 2003, Hampton East and Friar Tuck present an outstanding opportunity to immediately acquire some of the largest units in Albany’s robust multifamily market. Both communities offer new ownership feature primarily classic units, offering new ownership the opportunity to begin a value-add program boosting rents $108+ and garnering 38% Blended ROI. The area is poised to benefit from several new jobs coming in the next 12 months, including: Phoebe-Putney Health adding 350 new jobs in 2021 and Outdoor Network is investing $22 million and 92 new jobs into the community.
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Hampton East & Friar Tuck (2 properties, 108 units)
Friar Tuck
44 Units
2215 Friar Tuck Lane
Albany, GA  31707
Type:  Multifamily
Closed: 1/31/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Hampton East and Friar Tuck apartment communities located in Albany, Dougherty County, Georgia. These two assets are both minutes from Albany’s largest employers, including Phoebe-Putney Memorial Hospital, Teleperformance, and Proctor & Gamble. Built in 1997 and 2003, Hampton East and Friar Tuck present an outstanding opportunity to immediately acquire some of the largest units in Albany’s robust multifamily market. Both communities offer new ownership feature primarily classic units, offering new ownership the opportunity to begin a value-add program boosting rents $108+ and garnering 38% Blended ROI. The area is poised to benefit from several new jobs coming in the next 12 months, including: Phoebe-Putney Health adding 350 new jobs in 2021 and Outdoor Network is investing $22 million and 92 new jobs into the community.
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Hampton East & Friar Tuck (2 properties, 108 units)
Hampton East
64 Units
1336 Mercantile Drive
Albany, GA  31705
Type:  Multifamily
Closed: 1/31/2022
The Cushman & Wakefield Senior Housing Capital Markets and Sunbelt Multifamily Advisory Group are pleased to exclusively offer for sale Springwood at Allen, a 92-unit 62+ Active Adult community located in the affluent northern Dallas suburb of Allen, Texas. Recently completed in 2020, Springwood at Allen consists of 15 single-story garden-style apartment buildings as well as a clubhouse and outdoor pool. Since opening, the Property has experienced strong leasing and is currently 100% leased. The Community offers investors a middle-market active adult community with considerable upside through initiatives such as rate growth and in a well located and convenient suburban area of Dallas, one of the fastest-growing markets in the nation. The Community is situated in a well amenitized, convenient location and is prominently displayed on Main street with high driveby visibility and easy access to Allen’s premium outlet mall and surrounding retail.
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Springwood at Allen
92 Units
975 E Main Street
Allen, TX  75002
Closed: 1/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Meadows at Green Tree apartment community located in Clarksville, Clark County, IN. This asset is situated north of Louisville MSA, in the rapidly expanding Southern Indiana submarket. Just off Veterans Parkway, the asset is walking distance to several large retailers. River Ridge, a 6,000-acre industrial park, is just a 15 minute drive from the property. With population and employment outpacing demand, the Southern Indiana submarket is experiencing rapid rent growth. Built in 1971, Meadows at Green Tree represents an outstanding opportunity to invest in a former LIHTC asset with value-add potential, located in a flourishing submarket.
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Meadows at Green Tree
204 Units
1418 Marlowe Drive
Clarksville, IN  47129
Closed: 1/5/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present Modera Prominence, a Core multifamily asset in an irreplaceable location within Atlanta. As a true trophy asset, Modera Prominence is the epitome of luxury within Atlanta’s most affluent submarket, Buckhead. The strategic North Buckhead positioning provides immediate access to a plethora of highly acclaimed restaurants and retail, while having backdoor access to Chastain Park and Central Perimeter. The property boasts premier amenities with expertly executed interiors, attracting residents with average household incomes of $230K+. Furthermore, Modera Prominence has proven out 8.6% effective rent growth since June while rapidly approaching stabilization.
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Modera Prominence
318 Units
3699 Lenox Road NE
Atlanta, GA  30305
Type:  Multifamily
Closed: 12/28/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Lakeside & Lakeview apartment community located in Valdosta, Lowndes County, Georgia. This portfolio is situated in the highly desirable Northeast sector, providing unmatched access to major economic drivers and top retail corridors including Publix, Starbucks, Target, and Home Depot. Built in 1973 & 1980, Lakeside & Lakeview represent an outstanding opportunity to invest in one of Valdosta’s top growth areas as well as a proven value-add story with current renovations achieving premiums of $100+, offering additional upside of $200 premiums with fully elevated units.
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Lakeside & Lakeview (2 properties, 216 units)
Lakeside
192 Units
1718 Northside Drive
Valdosta, GA  31602
Closed: 12/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Lakeside & Lakeview apartment community located in Valdosta, Lowndes County, Georgia. This portfolio is situated in the highly desirable Northeast sector, providing unmatched access to major economic drivers and top retail corridors including Publix, Starbucks, Target, and Home Depot. Built in 1973 & 1980, Lakeside & Lakeview represent an outstanding opportunity to invest in one of Valdosta’s top growth areas as well as a proven value-add story with current renovations achieving premiums of $100+, offering additional upside of $200 premiums with fully elevated units.
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Lakeside & Lakeview (2 properties, 216 units)
Lakeview
24 Units
1817 Northside Drive
Valdosta, GA  31602
Closed: 12/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 484-unit Park at Abernathy Square apartment community located in Sandy Springs, Fulton County, GA. Situated on Roswell Road, just off of GA-400, the property is located in one of Atlanta’s largest employment hubs with over 35M SF of office space and 600+ tech companies in Central Perimeter. Due to limited new multifamily development, the Sandy Springs submarket has experienced consistently high demand and skyrocketing rent growth. With $17M invested in the asset, Park at Abernathy Square underwent a heavy repositioning program and now boasts luxury interior finishes and top-of-the-market amenities. The property has seen tremendous rent growth on recent leases. Built in 1977 by Post Properties, and nearly fully renovated, the property offers an outstanding opportunity to invest in a turn-key asset in the affluent Sandy Springs submarket.
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Park at Abernathy Square
484 Units
6925 Roswell Road
Sandy Springs, GA  30328
Type:  Multifamily
Closed: 12/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Generation, a 336-unit luxury high-rise apartment community located in Atlanta, Georgia. Generation is surrounded by growing job hubs including: Midtown (109K Jobs) and Downtown (125K Jobs). This Core asset’s prime location also provides immediate access to I-75 and I-85 as well as Atlanta’s top sports and entertainment destinations such as The Atlanta BeltLine, Old Fourth Ward, Centennial Yards, Mercedes-Benz Stadium, and State Farm Arena. In 2021, Generation experienced incredible leasing velocity with 38 leases per month while increasing rents by $252.
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Generation Atlanta
336 Units
369 Centennial Olympic Park Drive
Atlanta, GA  30313
Type:  Multifamily
Closed: 12/20/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler Associates, Inc. are excited to present the exclusive listing of the 331-unit Baton Rouge Portfolio (The Addison and The High Grove). The properties are poised for significant appreciation due to being located in one of Baton Rouge’s best performing submarkets, featuring premier retail and upscale demographics. Within a 1-mile radius of the property, the average household income is $117K. The property is adjacent to the new $116M Ochsner Medical Complex inside of The Grove that opened in 2019. Further, Ochsner announced a new $6.8M pediatric clinic at The Grove that will be 20K+ SF. Built in 2013 and 2016, The Addison and The High Grove feature best-in-class amenities and high-end interior finishes. There is a clear demand and appreciation for a quality amenity package and upgraded finishes in Baton Rouge.
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The Addison & The High Grove (2 properties, 331 units)
The Addison
139 Units
10231 The Grove Boulevard
Baton Rouge, LA  70836
Closed: 12/17/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler Associates, Inc. are excited to present the exclusive listing of the 331-unit Baton Rouge Portfolio (The Addison and The High Grove). The properties are poised for significant appreciation due to being located in one of Baton Rouge’s best performing submarkets, featuring premier retail and upscale demographics. Within a 1-mile radius of the property, the average household income is $117K. The property is adjacent to the new $116M Ochsner Medical Complex inside of The Grove that opened in 2019. Further, Ochsner announced a new $6.8M pediatric clinic at The Grove that will be 20K+ SF. Built in 2013 and 2016, The Addison and The High Grove feature best-in-class amenities and high-end interior finishes. There is a clear demand and appreciation for a quality amenity package and upgraded finishes in Baton Rouge.
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The Addison & The High Grove (2 properties, 331 units)
The High Grove
192 Units
10222 The Grove Boulevard
Baton Rouge, LA  70836
Type:  Multifamily
Closed: 12/17/2021
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