Cushman & Wakefield NorthMarq is pleased to present the Doran student housing portfolio which includes The Bridges and The Knoll. This luxury, award-winning portfolio offers trophy-quality in both construction and status in the University of Minnesota (U of M) marketplace.
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Bridges and Knoll (2 properties, 311 units)
The Knoll
101 Units
1101 University Avenue SE
Minneapolis, MN  55414
Closed: 7/14/2017
Sold
6905-6921 Rue Vendome
30 Units
6905-6921 Rue Vendome
Miami Beach, FL  33141
Type:  Multifamily
Closed: 11/30/2018
PORTFOLIO IS BEING OFFERED FOR SALE AS AN ENTIRE FIVE PROPERTY PACKAGE OR THE TWO TAMPA PROPERTIES SEPARATE FROM THE THREE ORLANDO PROPERTIES
Two of the Five Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tampa & Orlando Value-Add Workforce Housing Portfolio located in Tampa and Orlando, Florida. This is an attractive critical mass offering of five partially-renovated workforce housing multifamily communities totaling 1,011 units in the high growth “I-4 Corridor” of Orlando and Tampa Bay with tangible upside. The opportunity is being offered on a market bid basis, free and clear of debt. Two of the five properties are located in a Designated Opportunity Zone with long-term hold tax benefits.

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Tampa & Orlando Value-Add Workforce Portfolio (5 properties, 1,011 units)
Addington Place
192 Units
4757 Silver Star Road
Orlando, FL  32808
Type:  Multifamily
Closed: 3/1/2021
Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Canopy Apartment Villas, a value-add residential asset located in Orlando, Florida. Canopy Apartment Villas offers unique single-story villas and townhomes with some of the largest floorplans in the submarket. Built in 1981, the property underwent extensive capital improvements in 2008 with the replacement of the property’s roofs, windows and siding, ultimately reducing the effective age.
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Canopy Apartment Villas
296 Units
5762 Folkstone Lane
Orlando, FL  32822
Closed: 10/12/2018

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Courtyard Villas, an 80-unit multifamily value-add community located in Orlando, Florida.

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Courtyard Villas
80 Units
3764 South Rio Grande Avenue
Orlando, FL  32839
Type:  Multifamily
Closed: 11/23/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present Fall Ridge of Delray, a 60-unit, value-add property in east Delray Beach, Florida.

Built in 1980, the property sits on 4.86 acres. The property provides concrete block construction in a rare villa-style community totaling 10 triplex and 5 eight-plex units. All units are spacious two bedrooms-two bathrooms averaging 855-square feet. All units have washer/dryer hookups.

There is about $275,000 in rental upside at the property through loss-to lease burn-off and value add.

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Fall Ridge of Delray
60 Units
1100 SW 4th Avenue
East Delray Beach, FL  33444
Closed: 1/18/2022
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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South Florida TOD Land Portfolio (4 properties, 6.29 acres)
FECI Land Fort Lauderdale East Grouping
1.72 Acres
Miami & Fort Launderdale
Type:  Land
Closed: 7/20/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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South Florida TOD Land Portfolio (4 properties, 6.29 acres)
FECI Land Fort Lauderdale North Grouping
1.88 Acres
Miami & Fort Launderdale
Type:  Land
Closed: 7/20/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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South Florida TOD Land Portfolio (4 properties, 6.29 acres)
FECI Land Miami North Parcel
1.38 Acres
Miami & Fort Launderdale
Type:  Land
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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South Florida TOD Land Portfolio (4 properties, 6.29 acres)
FECI Land Miami South Parcels
1.31 Acres
Miami & Fort Launderdale
Type:  Land

The Cushman & Wakefield Multifamily Advisory Group is pleased to present 6484 Indian Creek Drive, a waterfont land lease opportunity on Miami Beach. The land totals +/- 53,000 square feet. Currently on the site there is a 102-unit coop. The property was built in 1957. The land lease expires June 30, 2055 (almost 37 years left). The land lease totals approximately $65,000 per year in net income to the land lease holder.

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Indian Creek Land
1.22 Acres
6484 Indian Creek
Miami Beach, FL  33141
Type:  Land
Closed: 2/28/2019
PORTFOLIO IS BEING OFFERED FOR SALE AS AN ENTIRE FIVE PROPERTY PACKAGE OR THE TWO TAMPA PROPERTIES SEPARATE FROM THE THREE ORLANDO PROPERTIES
Two of the Five Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tampa & Orlando Value-Add Workforce Housing Portfolio located in Tampa and Orlando, Florida. This is an attractive critical mass offering of five partially-renovated workforce housing multifamily communities totaling 1,011 units in the high growth “I-4 Corridor” of Orlando and Tampa Bay with tangible upside. The opportunity is being offered on a market bid basis, free and clear of debt. Two of the five properties are located in a Designated Opportunity Zone with long-term hold tax benefits.

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Tampa & Orlando Value-Add Workforce Portfolio (5 properties, 1,011 units)
Jasmine Terrace
319 Units
1250 Skipper Rd.
Tampa, FL  33613
Closed: 3/1/2021
PORTFOLIO IS BEING OFFERED FOR SALE AS AN ENTIRE FIVE PROPERTY PACKAGE OR THE TWO TAMPA PROPERTIES SEPARATE FROM THE THREE ORLANDO PROPERTIES
Two of the Five Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tampa & Orlando Value-Add Workforce Housing Portfolio located in Tampa and Orlando, Florida. This is an attractive critical mass offering of five partially-renovated workforce housing multifamily communities totaling 1,011 units in the high growth “I-4 Corridor” of Orlando and Tampa Bay with tangible upside. The opportunity is being offered on a market bid basis, free and clear of debt. Two of the five properties are located in a Designated Opportunity Zone with long-term hold tax benefits.

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Tampa & Orlando Value-Add Workforce Portfolio (5 properties, 1,011 units)
Laurel Crossings
112 Units
13101 Aarans Pond Drive
Tampa, FL  33612
Closed: 3/1/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Modera Metro Dadeland (the “Property”) – a transit-oriented, urban infill 25-story high-rise located in Miami, Florida, with tremendous walkability and regional connectivity via access to the Metrorail.

Developed by nationally recognized Mill Creek Residential, Modera Metro Dadeland was completed in 2018 and is comprised of 422 luxury apartment homes. The Property was meticulously designed to provide residents elegant unit features and expansive amenity space. Thus, it has attracted a sophisticated demographic with an average age of 38 and average household income of $147,000.

Modera Metro Dadeland’s quality energy efficient construction with LEED Silver Certification and irreplaceable location position the property for long term, sustainable cash flows in a rapidly growing market.

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Modera Metro Dadeland
844 Units
8215 SW 72nd Avenue
Miami, FL  33143
Closed: 9/27/2021
PORTFOLIO IS BEING OFFERED FOR SALE AS AN ENTIRE FIVE PROPERTY PACKAGE OR THE TWO TAMPA PROPERTIES SEPARATE FROM THE THREE ORLANDO PROPERTIES
Two of the Five Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tampa & Orlando Value-Add Workforce Housing Portfolio located in Tampa and Orlando, Florida. This is an attractive critical mass offering of five partially-renovated workforce housing multifamily communities totaling 1,011 units in the high growth “I-4 Corridor” of Orlando and Tampa Bay with tangible upside. The opportunity is being offered on a market bid basis, free and clear of debt. Two of the five properties are located in a Designated Opportunity Zone with long-term hold tax benefits.

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Tampa & Orlando Value-Add Workforce Portfolio (5 properties, 1,011 units)
Oak Hill
200 Units
4500 Silver Star Road
Orlando, FL  32808
Closed: 3/1/2021
PORTFOLIO IS BEING OFFERED FOR SALE AS AN ENTIRE FIVE PROPERTY PACKAGE OR THE TWO TAMPA PROPERTIES SEPARATE FROM THE THREE ORLANDO PROPERTIES
Two of the Five Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tampa & Orlando Value-Add Workforce Housing Portfolio located in Tampa and Orlando, Florida. This is an attractive critical mass offering of five partially-renovated workforce housing multifamily communities totaling 1,011 units in the high growth “I-4 Corridor” of Orlando and Tampa Bay with tangible upside. The opportunity is being offered on a market bid basis, free and clear of debt. Two of the five properties are located in a Designated Opportunity Zone with long-term hold tax benefits.

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Sold
Tampa & Orlando Value-Add Workforce Portfolio (5 properties, 1,011 units)
Oakmont
188 Units
3024 S. Rio Grande Avenue
Orlando, FL  32805
Closed: 3/1/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 212-unit value-add multifamily offering, River Pointe Apartment Homes, located in Tampa, Florida.

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River Pointe
212 Units
8024 Hidden River Drive
Tampa, FL  33617
Closed: 7/2/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present Riviera Hills - a 84-unit value-add opportunity located at 5220-5435 NW 18th Place in Lauderhill, Florida. The property offers 26 studios, 6 1BR/1BA, 34 2BR/1BA and 16 2BR/2BA units averaging 694 square feet. The rents are below market and can be increased generating additional revenue by $170,000.

Riviera Hill’s central Broward location is a magnet for employees working in the area’s largest employment centers, such as Plantation, Sunrise and Fort Lauderdale. The property is 2 miles east of Plantation Pointe, a 900,000 square foot office park with high-profile tenants including Motorola, Envision, and Magic Leap. The property is also about 5 minutes east of University Drive which serves as the main thoroughfare in the area, with various retail and dining options. Lastly, Riviera Hills is just a mile north of the Florida Turnpike’s ramp on Sunrise Boulevard allowing quick access to all major South Florida employment centers.

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Riviera Hills
84 Units
5220-5435 NW 18th Place
Lauderhill, FL  33313
Closed: 12/6/2018

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present The Park at Rossini, a 120-unit multifamily community located in Atlantic Beach, Florida (Jacksonville MSA).

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The Park at Rossini
120 Units
2768 State Road A1A
Atlantic Beach, FL  32233
Closed: 11/30/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present The Park at Vincenzo, a 184-unit multifamily community located in Brandon, Florida (Tampa Bay MSA).

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The Park at Vincenzo
184 Units
721 N. Kingstowne Circle
Brandon, FL  33511
Closed: 12/8/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Shenandoah (the “Property”) – a 24-unit, fully renovated residential asset in the heart of Miami, Florida.

All 24 units are two bedroom/ one bathrooms and have recently been gut renovated with high end finished. Current ownership spent over $2.4 million in improving the property in 2020. This includes hurricane impact windows, new electrical/plumbing, complete interior renovations with new tile flooring, granite counter tops/new kitchen cabinets, stainless steel appliances, and new glass shower tubs and vanities security cameras/ secured building access, exterior paint and resealing/striping parking area. Roads were replaced in 2014. The property offers an onsite laundry facility as well as a leasing office.

The property is 100% occupied. The current gross income at the property is $460,980. New construction two-bedroom units in the immediate rent up to $1,756 and average rents in the submarket are $2,298 with two bedrooms averaging $2,516.

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The Shenandoah
24 Units
2162 SW 14th Terrace
Miami, FL  33145
Closed: 10/15/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire Town Lantana (the “Property”) – an increasingly scarce east of I-95, new construction, luxury garden apartment development of 360 apartment homes in the growing area of Lantana, Florida. The property is comprised of 14 three-story buildings walk-up units averaging 947 square feet that are serviced by detached garages and car ports. Town Lantana is located less than 0.5 miles from I-95 and 1-mile from the beach.

The community is a short distance from millions of square feet of high-paying jobs in Boca Raton, Downtown Delray Beach and the Central Business District of West Palm Beach. The property also has tremendous access to Lantana Blvd (35,500 cars daily) and will have future walkability to 125,000 square feet of retail that is under construction. The property opened in January of 2020 and has quickly moved through the lease-up process in part due to its market-leading luxury finishes and unmatched amenity offering and a rare low-density setting of 22 units per acre.

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Town Lantana
360 Units
1001 Watertower Way
Lantana, FL  33462
Closed: 11/17/2021

Cushman & Wakefield is pleased to present the opportunity to acquire Tuscan Reserve - a Class A, 123-unit, two & three-story, garden-style apartment community located in Palm Coast, Florida (the "Property"). Completed in 2021, the Property offers residents top-of-the-market finishes, and immediate proximity to retail and dining options, as well as AdventHealth Palm Coast. Tuscan Reserve is located within minutes of both Interstate 95 and Flagler Beach. With thoughtful unit layouts in a mix of one, two, and three-bedroom apartments, Tuscan Reserve has set a new standard for luxury apartment living in Palm Coast.

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Tuscan Reserve
123 Units
402 Tuscan Reserve Drive
Palm Coast, FL  32164
Closed: 8/31/2021

Cushman & Wakefield, as exclusive marketing advisor is pleased to present Village at Boca East, a garden-style apartment community consisting of 84 units located in Boca Raton, Florida. The property has an average unit size of 919 square feet with 83% of the units two or three bedrooms. Built in 1975, the property recently completed a $3.55 million renovation including: upgrading every unit with new kitchen, bathrooms, flooring and adding washer/dryers. The property is 94% occupied with market rents averaging $1,640.

The property is situated on 6.7 acres and has three areas that could allow up to 50 more units to be built on the site. Village at Boca East is located east of I-95 just south of Glades Road and is walking distance to Whole Foods, A-rated Boca Raton High and Middle Schools and less than five minutes from Florida Atlantic University, Boca Town Center and over 10 million square feet of office space.

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Village at Boca East
84 Units
1601 NW 13th Street
Boca Raton, FL  33486
Closed: 8/2/2021