The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 272-unit Veridian at Sandy Springs apartment community located in Sandy Springs, Fulton County, GA. Fronting Roswell Road, Veridian at Sandy Springs is situated within Atlanta’s affluent North Fulton submarket, one of Atlanta’s largest employment bases and corporate office markets. The property underwent an extensive renovation in 2013-2014 and is now primed for a light value-add program. Thanks to high barriers to entry in the submarket, there is also limited new multifamily development in the area. Built in 1980, The Veridian at Sandy Springs represents an outstanding opportunity to invest in a value-add opportunity in a high-barriers submarket with limited new supply.
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Veridian at Sandy Springs
272 Units
1800 Windridge Drive
Atlanta, GA  30350
Type: Conventional
Closed: 1/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Oak Hollow apartment community located in Longview, Gregg County, Texas. This asset is situated in the desirable Loop 281 corridor of North Longview. Being positioned amid the city's path of growth, residents at the property enjoy superb access to top employers and retail. Built in 1979, Oak Hollow offers an outstanding opportunity to invest in a well-maintained asset with an excellent operations trend, and a proven value-add program.
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Oak Hollow
200 Units
2601 Bill Owens Pkwy
Longview, TX  75604
Type: Conventional
Closed: 1/12/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listings of the 344-unit Brookview and Centerview Terrace apartment communities located in Douglasville and Smyrna, Georgia. These assets are each embedded in desirable retail, and situated off prominent corridors and proximate to numerous employment drivers. Built in 1967 & 1968, Brookview and Centerview Terrace offer outstanding opportunities to invest in textbook value-add assets in growing northwest suburban Atlanta.
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Brookview & Centerview Terrace (2 properties, 344 units)
Brookview
216 Units
8460 Hospital Drive
Douglasville, GA  30134
Type: Conventional
Closed: 1/8/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listings of the 344-unit Brookview and Centerview Terrace apartment communities located in Douglasville and Smyrna, Georgia. These assets are each embedded in desirable retail, and situated off prominent corridors and proximate to numerous employment drivers. Built in 1967 & 1968, Brookview and Centerview Terrace offer outstanding opportunities to invest in textbook value-add assets in growing northwest suburban Atlanta.
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Brookview & Centerview Terrace (2 properties, 344 units)
Centerview Terrace
128 Units
2300 Benson Poole Road
Smyrna, GA  30082
Type: Conventional
Closed: 12/29/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Southeast Value-Add 4 Portfolio – four assets located in the desirable submarkets of Spartanburg, SC, Myrtle Beach, SC, Biloxi, MS, and Warner Robins, GA. The portfolio represents the opportunity to invest in strong quality assets across multiple southeastern states. Situated in bustling micro locations with premier access to major thoroughfares and jobs, these assets are poised for substantial growth through value-add strategies and market-backed rental upside.
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Southeast Value-Add 4 Portfolio (4 properties, 780 units)
Brighton Park
200 Units
9000 Watson Boulevard
Byron, GA  31095
Closed: 12/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 76-unit Harvest Oak apartment community located five miles west of Downtown Atlanta in Fulton County, Georgia. This close-in infill asset is situated in rapidly developing Westside Atlanta - a swiftly evolving employment and entertainment hub with unparalleled access to all of Atlanta's major job centers. Built in 1960, Harvest Oak offers a well-located asset in a burgeoning district of the City with proven value-add potential.
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Harvest Oak
76 Units
2948 Delmar Lane NW
Atlanta, GA  30311
Closed: 12/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 690-unit Park at Hurstbourne apartment community located in Louisville, Jefferson County, Kentucky. Louisville’s strong economic drivers are expected to see 40% employment growth over the next ten years. The asset’s excellent micro-location provides easy connectivity to major employers, including GE Appliance Park, home to over 6,500 jobs. Park at Hurstbourne has a superior amenity package that includes indoor and outdoor pools, an indoor basketball court and outdoor sports court, and a newly renovated clubhouse. Further, there is room to push rents through a tested interior value-add scenario. The property’s elite amenity package paired with an interior value-add scenario will propel the asset to the top of its submarket.
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The Park at Hurstbourne
690 Units
5555 Big Ben Drive
Louisville, KY  40291
Type: Conventional
Closed: 12/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Southeast Value-Add 4 Portfolio – four assets located in the desirable submarkets of Spartanburg, SC, Myrtle Beach, SC, Biloxi, MS, and Warner Robins, GA. The portfolio represents the opportunity to invest in strong quality assets across multiple southeastern states. Situated in bustling micro locations with premier access to major thoroughfares and jobs, these assets are poised for substantial growth through value-add strategies and market-backed rental upside.
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Southeast Value-Add 4 Portfolio (4 properties, 780 units)
Villas at Lawson Creek
202 Units
9159 Asheville Highway
Boiling Springs, SC  29316
Type: Conventional
Closed: 12/3/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Southeast Value-Add 4 Portfolio – four assets located in the desirable submarkets of Spartanburg, SC, Myrtle Beach, SC, Biloxi, MS, and Warner Robins, GA. The portfolio represents the opportunity to invest in strong quality assets across multiple southeastern states. Situated in bustling micro locations with premier access to major thoroughfares and jobs, these assets are poised for substantial growth through value-add strategies and market-backed rental upside.
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Southeast Value-Add 4 Portfolio (4 properties, 780 units)
The Lexington
190 Units
2620 Lejeune Drive
Biloxi, MS  39531
Type: Conventional
Closed: 12/2/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 500-unit University Oaks apartment community located in Athens, Clarke County, Georgia. This asset is situated in the highly sought-after area of West Athens, characterized by its easy access to premier retail (Fresh Market, Chick-fil-a, Starbucks and Target) as well as Downtown. Centrally located within 5 minutes of Athens’ core economic drivers providing access to nearly 15k jobs; including University of Georgia, St. Mary’s Healthcare, and Piedmont Athens Regional Hospital. Built in 1965, University Oaks represents an outstanding opportunity to invest in a proven value-add asset located in one of the state’s most fundamentally desirable markets.
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University Oaks
500 Units
2360 West Broad Street
Athens, GA  30606
Type: Conventional
Closed: 11/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 91-unit Riverwood Park apartment community located 57 miles northwest of downtown Atlanta in Floyd County, Georgia. This asset is strategically-located amidst all of Rome's three-prong employment drivers (education, healthcare, and manufacturing). Built in 1998, Riverwood Park benefits from a successful in-place value-add campaign, and represents a clear-cut opportunity to invest in a quality built asset with significant room for revenue growth.
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Riverwood Park
91 Units
525 West 13th Street
Rome, GA  30165
Type: Conventional
Closed: 11/16/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit The Carolina & Britain Village apartment communities located in Lawrenceville, Gwinnett County, Georgia. These assets are less than 8 miles from each other and are desirably positioned off I-85/GA-316, along the thriving I-85 northeast Atlanta corridor. Since acquisition, current ownership has invested $440K in capital improvements. Built in 1970 and 1986, The Carolina & Britain Village represent a clear-cut opportunity to invest in heavily demanded assets primed for a value-add campaign, creating significant room for revenue growth for the next investor.
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The Carolina & Britain Village (2 properties, 150 units)
Britain Village
68 Units
1291 Britain Drive
Lawrenceville, GA  30044
Type: Conventional
Closed: 11/10/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 264-unit Live Oak Trace apartment community located in Denham Springs (Baton Rouge), Livingston Parish, LA. This asset is situated in the desirable region of northeast Baton Rouge, an economy driven by healthcare, petrochemical, education, state government and a vibrant port along the Mississippi River. New ownership can achieve significant rental premiums through a modernization of the amenity package and interior finishes. Built in 2002, Live Oak Trace represents an outstanding opportunity to invest in a proven value-add asset in a recession proof, high-growth market.
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Live Oak Trace
264 Units
7615 Magnolia Beach Road
Baton Rouge, LA  70726
Type: Conventional
Closed: 11/10/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit The Carolina & Britain Village apartment communities located in Lawrenceville, Gwinnett County, Georgia. These assets are less than 8 miles from each other and are desirably positioned off I-85/GA-316, along the thriving I-85 northeast Atlanta corridor. Since acquisition, current ownership has invested $440K in capital improvements. Built in 1970 and 1986, The Carolina & Britain Village represent a clear-cut opportunity to invest in heavily demanded assets primed for a value-add campaign, creating significant room for revenue growth for the next investor.
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The Carolina & Britain Village (2 properties, 150 units)
The Carolina
82 Units
215 Paper Mill Road
Lawrenceville, GA  30046
Closed: 11/10/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 58-unit Madison Village apartment community located in northwest suburban Atlanta, in Smyrna, Georgia. This is a well-located asset on Atlanta Rd. right across from Dobbins Air Reserve Base, and sandwiched between S.Cobb Dr. and Cobb Pkwy - two prominent Cobb County corridors. Built in 1969, the timing is right to begin an updated round of upgrades at Madison Village to further boost performance in an affluent submarket with consistently high demand.
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Madison Village
58 Units
1870 Atlanta Road
Smyrna, GA  30080
Closed: 11/5/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listings of Shannon Chase and Hidden Lake, two apartment communities in Union City, Fulton County, Georgia. Located less than 3 miles from each other, and strategically situated between 5-7 miles southwest of Hartsfield-Jackson International Airport, these assets benefit from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in the mid-1980s, Shannon Chase and Hidden Lake arrive with massive value-add potential.
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Shannon Chase & Hidden Lake (2 properties, 476 units)
Hidden Lake
320 Units
4050 Morgan Road
Union City, GA  30291
Type: Conventional
Closed: 11/2/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of The View of Fort Worth, a 300-unit, Class-A apartment community in rapidly growing Fort Worth, Texas. Completed in 2020, this distinctive river-front asset boasts upscale amenities, market leading finishes, and unrivaled views of downtown. The location offers superb connectivity to all major job centers, retail, entertainment, and all of the amazing amenities that Fort Worth has to offer.
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The View of Fort Worth
300 Units
1852 E. Northside Drive
Fort Worth, TX  76106
Type: Conventional
Closed: 10/30/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Novo Avondale apartment community, recently ranked among the top 250 properties in the nation by Apartment Ratings and Satisfacts. Situated in the rapidly expanding Uptown Decatur area of northeast Atlanta, this 374-unit asset is across the street from the Kensington MARTA Station, less than a mile from downtown Avondale Estates, and near Memorial Drive. Current ownership invested $15.5M in this 1972-vintage property for a modernization metamorphosis, during which the property was completely depopulated, then transformed with fully renovated exteriors, upscale interior renovations, and on-trend amenities. Now finishing lease-up, Novo Avondale offers a rare opportunity to invest in one of Atlanta's most sought-after neighborhoods, benefit from a 15-year tax abatement, and compete as a Class A value provider.
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Novo Avondale
374 Units
3330 Mountain Drive
Decatur, GA  30032
Type: Conventional
Closed: 10/27/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 330-unit Indigo Park apartment community located in Baton Rouge, East Baton Rouge Parish, Louisiana. This institutional-quality asset boasts condo-quality amenities and over-sized floorplans, in addition to being located within one of Baton Rouge’s most affluent communities. The subject’s position relative to Bluebonnet Boulevard offers residents ease-of-access to numerous retail and employment hubs, L’Auberge Casino & Hotel, and a 10-minute commute to Louisiana State University.
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Indigo Park
330 Units
11959 Nicholson Drive
Baton Rouge, LA  70810
Type: Conventional
Closed: 10/19/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 46-unit The Fountains at Kelly Mill townhome community located in affluent north suburban Atlanta, Forsyth County, Georgia. This asset is situated proximate to high-income employment centers in nearby Alpharetta and northern Fulton County. Delivered in 2017 with expansive floor plans and designer finishes, The Fountains at Kelly Mill is positioned to capture sustained organic rent growth in Atlanta's preeminent submarket expected to lead population growth through 2030.
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The Fountains at Kelly Mill
46 Units
545 Fountain Lane
Cumming, GA  30040
Closed: 10/19/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler Associates, Inc. are pleased to present the exclusive listing of the 52-unit Bonne Vie I apartment community located in Metairie, Jefferson Parish, LA. This asset is situated in the high barrier-to-entry Metairie submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily due to the lack of developable sites, occupancy and rent have continued to increase, leading to a strong historical property performance. With demand for upgraded interiors in the submarket, Bonne Vie I is an excellent opportunity to acquire a true value-add investment.
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Bonne Vie I
52 Units
3105 Edenborn Avenue
Metairie, LA  70002
Closed: 10/14/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Ansley at Princeton Lakes in Atlanta, Georgia. Ansley at Princeton Lakes provides a premier opportunity to acquire an institutionally maintained asset with market-proven premiums and substantial rental upside in a high-growth MSA. The property’s location directly adjacent to I-285 provides an ease of connectivity to all of Atlanta’s major job hubs, as well as being eight minutes from the Southeast’s largest jobs driver, Hartsfield-Jackson International Airport (63K+ jobs). The property is embedded in 1M+ SF of high-quality big box retail and surrounded by booming industrial development. Also, South Fulton’s lack of historical and future multifamily supply further bolsters Ansley at Princeton Lake’s continued prosperity.
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Ansley at Princeton Lakes
306 Units
3871 Redwine Road
Atlanta, GA  30344
Type: Conventional
Closed: 9/30/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 104-unit Vintage Creek apartment community located in Augusta, Richmond County, Georgia. This asset is situated in west Augusta, close to major retail and restaurant corridors. Built in 1972, Vintage Creek represents an outstanding opportunity to invest in a nearly untouched asset that is primed for renovation. Its central location gives Vintage Creek immediate access to over 50K Downtown employment opportunities and 25K Fort Gordon jobs.
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Vintage Creek
104 Units
1924 North Leg Road
Augusta, GA  30909
Type: Conventional
Closed: 9/29/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 156-unit Lexington Park apartment community located in northwest suburban Atlanta, Smyrna, Georgia. This asset has high accessibility off S. Cobb Drive and I-285, and is located within minutes of Cobb County's largest employment hubs (2 miles southwest of Dobbins Air Reserve Base and 4 miles west of the Platinum Triangle). Built in 1963, Lexington Park represents or offers an outstanding opportunity to invest in a well-located asset within a growing Cobb County submarket.
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Lexington Park
156 Units
2950 South Cobb Drive
Smyrna, GA  30080
Type: Conventional
Closed: 9/23/2020