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Displaying results 97-120 of 1206
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: Conventional
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: Conventional
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: Conventional
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: Conventional
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: Conventional
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
Type: Build for Rent
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: Conventional
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: Conventional
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: Conventional
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: Conventional
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 384-Unit Louisville Value-Add duo located in Jefferson County, Louisville Kentucky. Located on major road thoroughfares, both properties provide easy connectivity to major employers such as GE Appliance Park, UPS WorldPort and Louisville’s Health District. Further, Tymberwood Trace and University Park are surrounded by retail and regional access to Downtown Louisville. With minimal upgrades done at each property, this portfolio offers significant value-add opportunity through an interior renovation program. Built in 1987 and 1986, Tymberwood Trace and University Park allow a new owner to upgrade property interiors, while also focusing on ancillary income in a submarket willing to pay higher rents due to surrounding jobs and neighboring amenities.
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Louisville Value-Add Duo (2 properties, 384 units)
Tymberwood Trace
160 Units
7500 Beechview Way
Louisville, KY  40218
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 384-Unit Louisville Value-Add duo located in Jefferson County, Louisville Kentucky. Located on major road thoroughfares, both properties provide easy connectivity to major employers such as GE Appliance Park, UPS WorldPort and Louisville’s Health District. Further, Tymberwood Trace and University Park are surrounded by retail and regional access to Downtown Louisville. With minimal upgrades done at each property, this portfolio offers significant value-add opportunity through an interior renovation program. Built in 1987 and 1986, Tymberwood Trace and University Park allow a new owner to upgrade property interiors, while also focusing on ancillary income in a submarket willing to pay higher rents due to surrounding jobs and neighboring amenities.
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Louisville Value-Add Duo (2 properties, 384 units)
University Park
224 Units
2207 James Pirtle Court
Louisville, KY  40217
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 444-unit Creekside Corners apartment community located in southeast metro Atlanta, DeKalb County, GA. Immersed in an active commercial, distribution, and medical district, the asset is situated within the city of Stonecrest (est. 2017) along the I-20 East connector just east of I-285. Historically, DeKalb County has seen tremendous rent growth due to a limited development pipeline and high workforce demand. With 382 units minimally renovated, a new owner can renovate all 444 units to an elite level to create significant upside. Built in 2001, Creekside Corners represents an outstanding opportunity to invest in a strong performing asset with true value-add potential in the under-supplied Southeast DeKalb submarket.
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Creekside Corners
444 Units
5301 W. Fairington Parkway
Stonecrest, GA  30038
Type: Conventional
Closed: 12/16/2021
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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 265-unit Thayer Point apartment community located in Killeen, Bell County, Texas. This asset is situated a few miles from I-35 in the strategically-positioned Killeen/Fort Hood submarket of the Killeen-Temple-Fort Hood MSA in thriving Central Texas. Built in 2019, Thayer Point represents an outstanding opportunity to invest in a premium asset that possesses immediate organic rent growth potential located within a robust submarket.
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Thayer Point
266 Units
5002 Thayer Drive
Killeen, TX  76549
Type: Conventional
Closed: 12/16/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Riverworks, a 306-unit luxury apartment community located in Savannah, GA. Riverworks represents a rare opportunity to acquire a high-quality, trophy asset anchored by the Savannah River and Savannah’s celebrated Historic District. Savannah’s exceptional job market and continued population growth will continue to support Riverworks as the premier asset. The property is strategically located in the $600M+ Eastern Wharf mixed-use development and will directly benefit from its curated retail, waterfront walkability, and immediate proximity to boutique restaurants and bars. Riverworks has proven its desirability through impressive leasing velocity of 35 net leases per month since June while raising market rents 7% in the same period.
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Riverworks
306 Units
301 Passage Way
Savannah, GA  31401
Type: Conventional
Closed: 12/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit Stonecreek on the Green apartment community located in Snellville, Gwinnett County, GA. This asset is situated just 9 minutes from the new 3M SF Amazon Fulfillment Center, in thriving Gwinnett County. New economic developments fueling population, paired with limited multifamily supply in the submarket, are excelling property performance. New leases are currently being signed at 29% over the rent roll. With 107 classic units and 43 lightly renovated units at the property, a new owner can complete a full value-add program to increase income. Built in 2003, Stonecreek on the Green offers an outstanding opportunity to invest in a well-performing institutional property in Gwinnett County with significant value-add upside.
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Stonecreek on the Green
150 Units
3974 Annistown Road
Snellville, GA  30039
Type: Conventional
Closed: 12/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Village at Apison Pike, a 248- unit, 2015-built apartment community located in Ooltewah, TN. The community is situated in the rapidly expanding Ooltewah, a suburb of Chattanooga, located minutes from the Volkswagen 1,400 acre production facility, 1M SF Amazon distribution center, as well as several major retail corridors. Coupled with strong demographics and high demand for a quality asset, property performance has excelled as recent leases are currently achieving 20% higher than in-place rents while maintaining an average occupancy north of 95%.
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Village at Apison Pike
248 Units
8605 Tradewind Circle
Ooltewah, TN  37363
Type: Conventional
Closed: 12/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Metro apartment community located in northwest suburban Atlanta, Cobb County, GA. This well-located asset is situated in the Platinum Triangle office district with over 42M SF of office space and home to major employers, such as Home Depot HQ and new Papa Johns HQ. The Metro benefits from a top live-work-play destination, surrounded by Truist Park and The Battery, Heritage Pavilion retail center and several recreational trails. The Metro has undergone a full interior renovation program and amenity upgrades, offering top-of-the-market product. Built in 1983 and renovated in 2017, The Metro represents an outstanding opportunity to invest in a turn-key asset located in a flourishing submarket with high rent growth. A new owner can create ancillary income by improving upon existing space at the property.
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The Metro
200 Units
1500 Parkwood Circle
Atlanta, GA  30339
Closed: 12/9/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 232-unit Largo Pointe apartment community located in Savannah, Chatham County, Georgia. This asset is situated in the rapidly-expanding, Colonial Village Submarket of Savannah. Built in 1969, Largo Pointe represents outstanding opportunity to invest in an asset where renovations can potentially garner a 35% ROI after completion. Largo Pointe offers unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, fueling its recent population growth and rapidly rising incomes.
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Largo Pointe
232 Units
12409 Largo Drive
Savannah, GA  31419
Type: Conventional
Closed: 12/8/2021
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