The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Arbor Glen and Meadow Green apartment communities in Spartanburg, South Carolina. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed) and burgeoning high-tech economy. The adjacent subject assets are in desirable east Spartanburg, one mile from the busy East Main Street commercial corridor (Publix, Fresh Market, Aldi). Ripe for value add, these synergistic properties represent outstanding investment potential in the powerful Upstate region.
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Arbor Glen & Meadow Green (2 properties, 272 units)
Meadow Green
116 Units
1504 Fernwood Glendale Road
Spartanburg, SC  29307
Type: Conventional
Closed: 9/27/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 188-unit, 1976-built Stone Ridge Apartments in Columbia, SC. The property is conveniently located off of I-26 between the Downtown Columbia and Harbison Boulevard Corridors. The asset offers an outstanding opportunity to invest in a solid performing asset with an attractive unit mix and proven potential to boost NOI through completion of a value-add program.
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Stone Ridge
188 Units
1000 Watermark Place
Columbia, SC  29210
Type: Conventional
Closed: 9/27/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Hawthorne Glen at Strickland, a niche 156-unit, 2000-built garden apartment community in affluent northwest Raleigh, NC. Located within the I-540 loop, the affluent and predominantly single-family residential neighborhood boasts average HHI’s of $125,000, median home values of $342,000 and is in close proximity to Raleigh’s major employment nodes featuring 70,000 high-paying jobs at employers such as Lenovo, IBM, BASF, Cisco Systems, Oracle, Qualcomm and Lockheed Martin. The property, which features some of the largest average unit sizes in the submarket, includes a fully renovated amenity package and an in-place value-add program obtaining a 24% ROI. In addition, the property is primed to execute a Class A interior renovation with $250 premiums as newer supply is averaging $285 - $446 higher rents.
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Hawthorne Glen at Strickland
156 Units
12203 Strickland Road
Raleigh, NC  27613
Type: Conventional
Closed: 9/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Hawthorne Westside, a 200-unit garden apartment community located in the heart of the West Ashley neighborhood just minutes from Downtown Charleston. With direct I-526 access, the property offers convenient access to major employment centers including Boeing, Joint Base Charleston, the new Mercedes-Benz plant, and Volvo plant. The well-maintained, 1987-built property offers the best amenity package in the submarket and includes a proven value-add program obtaining $115 to $150 premiums on a $4,900 to $5,700 renovation scope. Further upside remains as: (1) new supply is averaging $350 - $500 higher rents and (2) 1980’s value-add product on James Island is averaging rents $140 - $240 above Hawthorne Westside.
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Hawthorne Westside
200 Units
2235 Ashley Crossing Drive
Charleston, SC  29414
Type: Conventional
Closed: 9/6/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 228-unit, 1991-built The Arbors at Windsor Lake apartments in Columbia, SC. The property is conveniently located off of I-77 nearby some of the area’s top employers, and is barbelled between the affluent Forest Lake and Wildewood communities. The Arbors at Windsor Lake is a strong performing asset primed for a value-add initiative that is being offered at a discount to replacement cost.
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Arbors at Windsor Lake
228 Units
8720 Windsor Lake Boulevard
Columbia, SC  29223
Type: Conventional
Closed: 8/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit, 1995-built Salem Crest apartments in Winston-Salem, NC. The community, which is sanctioned under the Section 42 Affordability Program, is located just off Interstate 40, allowing easy access to the area’s most premier retail, healthcare facilities, and economic drivers. The investment also comes with the opportunity to boost annual NOI through increasing rents closer to the 60% AMI limits, which rest approximately $175 above current market rate levels.
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Salem Crest (TC)
144 Units
105 Brent View Court
Winston-Salem, NC  27103
Type: LIHTC
Closed: 8/23/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit portfolio Creekside at Wellington and Garden Villas in Gaffney, SC and Gastonia, NC, respectively. These strategically located, well-maintained properties are both located less than half a mile off of I-85 with access to major employment centers of the Upstate and Charlotte, while offering investors value-add opportunities in markets with scarce competition. Creekside at Wellington has untapped potential income with existing storage units on site and potential to boost NOI with implementation of a value-add initiative. With a proven value-add program in place, Garden Villas is well positioned to capitalize on Charlotte MSA’s tightening fundamentals.
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Creekside at Wellington & Garden Villas (2 properties, 192 units)
Garden Villas
100 Units
1776 Poston Circle
Gastonia, NC  28054
Type: Conventional
Closed: 8/22/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit, 1985-built Bainbridge In The Park apartments in Durham, NC. Located in close proximity to some of the area’s strongest economic drivers and most premier retail centers, Bainbridge In The Park is a well-maintained, strong performing asset with promising potential to boost NOI through implementing an interior value-add program.
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Triangle Place
216 Units
2800 Bainbridge Road
Durham, NC  27713
Type: Conventional
Closed: 7/10/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 247-unit, 1986-built W Flats apartment community located in Charlotte’s next transit-oriented community. W Flats features a proven value-add opportunity with 85% of the units remaining - offering annual upside of $250,000. The property is also a recipient of a new $1.3 million capex infusion that included a complete exterior and amenity overhaul. The property is uniquely positioned along Charlotte’s next light rail route which will provide direct access to Uptown Charlotte - the largest employment node in the region with over 100,000 jobs.
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W Flats
247 Units
7200 Wallace Road
Charlotte, NC  28212
Type: Conventional
Closed: 6/30/2017
AUCTION DATES: Starting April 24th and ending April 26th AUCTION LINK: https://www.ten-x.com/commercial/details/425-stedman-street-greensboro-nc-27401-193051495-b_205 Ten-X and the Cushman & Wakefield Southeast Multifamily Advisory Group are pleased to present the exclusive listing of the 85-unit / 214-bed, 1969/1989/2005 built University Park located directly across the street from NC A&T State’s 11,000+ student campus. The property is equipped with one of the most diverse unit mix offerings in the submarket, including the only townhouse-style floorplans, coupled with a host of desirable unit features. Currently lender controlled, University Park is well positioned for new ownership to capitalize on property level increases in occupancy and rental rates via hands-on management, strategic capital improvements and effective marketing.
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University Park
85 Units | 214 Beds
425 Stedman Street
Greensboro, NC  27401
Type: Student
Closed: 6/13/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit, 1984/1986-built Meadowbrook apartments nestled along North Main Street in High Point, NC. Located conveniently down the road from attractive retail options and a straight shot from the heart of the city, Meadowbrook is an untouched asset with promising potential to boost income through the implementation of water/sewer submetering and an interior value-add program.
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Meadowbrook
152 Units
3605 Walden Lane
High Point, NC  27260
Type: Conventional
Closed: 5/26/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group pleased to present the exclusive listing of the Fayetteville Value-Add Portfolio, a 636-unit multifamily apartment portfolio with value-add opportunity in Fayetteville, North Carolina. The portfolio, including Morganton Place Apartments (280 units) and The Village at Cliffdale Apartments (356 units), represents an outstanding opportunity to establish economies of scale in a market poised for exceptional growth. The properties are located in close proximity of each other and are conveniently located near: 1.) the Skibo Road retail corridor, 2.) the future I-295 extension and 3.) the southern entrance of Fort Bragg and Pope Field Air Force base, the world’s largest military base collectively employing 59,000 military and 15,500 civilian workers.
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Fayetteville Value-Add Portfolio (2 properties, 636 units)
Morganton Place
280 Units
5650 Netherfield Place
Fayetteville, NC  28314
Type: Conventional
Closed: 5/25/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group pleased to present the exclusive listing of the Fayetteville Value-Add Portfolio, a 636-unit multifamily apartment portfolio with value-add opportunity in Fayetteville, North Carolina. The portfolio, including Morganton Place Apartments (280 units) and The Village at Cliffdale Apartments (356 units), represents an outstanding opportunity to establish economies of scale in a market poised for exceptional growth. The properties are located in close proximity of each other and are conveniently located near: 1.) the Skibo Road retail corridor, 2.) the future I-295 extension and 3.) the southern entrance of Fort Bragg and Pope Field Air Force base, the world’s largest military base collectively employing 59,000 military and 15,500 civilian workers.
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Fayetteville Value-Add Portfolio (2 properties, 636 units)
The Village at Cliffdale
356 Units
567 Cutchen Lane
Fayetteville, NC  28314
Type: Conventional
Closed: 5/25/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the 564-unit Greenville Portfolio comprised of the Haywood Pointe, Greyeagle, and Gleneagle apartment communities. Greenville anchors South Carolina’s prolific Upstate region, which is internationally recognized for its massive BMW plant (8,800 employed). These three synergistic, institutionally-maintained assets all have key locations proximate to Greenville’s thriving "Industry Triangle," which is home to 8 of Greenville’s Top 10 employers and 50,000+ jobs. With 7.8% annual income growth, the portfolio arrives with strong momentum that can be further increased through a value-add upgrade program.
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Greenville Portfolio (3 properties, 564 units)
Gleneagle
192 Units
1011 West Butler Road
Mauldin, SC  29607
Type: Conventional
Closed: 5/23/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the 564-unit Greenville Portfolio comprised of the Haywood Pointe, Greyeagle, and Gleneagle apartment communities. Greenville anchors South Carolina’s prolific Upstate region, which is internationally recognized for its massive BMW plant (8,800 employed). These three synergistic, institutionally-maintained assets all have key locations proximate to Greenville’s thriving "Industry Triangle," which is home to 8 of Greenville’s Top 10 employers and 50,000+ jobs. With 7.8% annual income growth, the portfolio arrives with strong momentum that can be further increased through a value-add upgrade program.
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Greenville Portfolio (3 properties, 564 units)
Greyeagle
156 Units
4551 Old Spartanburg Road
Taylors, SC  29687
Type: Conventional
Closed: 5/23/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the 564-unit Greenville Portfolio comprised of the Haywood Pointe, Greyeagle, and Gleneagle apartment communities. Greenville anchors South Carolina’s prolific Upstate region, which is internationally recognized for its massive BMW plant (8,800 employed). These three synergistic, institutionally-maintained assets all have key locations proximate to Greenville’s thriving "Industry Triangle," which is home to 8 of Greenville’s Top 10 employers and 50,000+ jobs. With 7.8% annual income growth, the portfolio arrives with strong momentum that can be further increased through a value-add upgrade program.
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Greenville Portfolio (3 properties, 564 units)
Haywood Pointe
216 Units
1175 Haywood Road
Greenville, SC  29615
Type: Conventional
Closed: 5/23/2017
Oyster Point Place is a 278-unit, 1969-built garden apartment located in Newport News, Virginia. Located in a solid rental market with excellent fundamentals, Oyster Point Place offers a superior value-add opportunity with a three-pronged value enhancement strategy. The property is also centrally located within close proximity to Newport News’ largest employers and their most popular retail destinations.
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Oyster Point Place
278 Units
102 Americana Drive
Newport News, VA  23606
Type: Conventional
Closed: 3/28/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 180-unit, 1996-built The Hamptons apartment homes located in a high growth pocket of Charlotte, NC. The Hamptons’ highly visible location (46,000 VPD) is barbelled between two of the region’s most dense employment and retail nodes: Northlake Mall and University City. These two economic drivers account for over 50,000 jobs and 150+ retail offerings. With spacious units (1,292 avg. SF), a low density setting (10.51 units/acre) and a proven value-add strategy in place ($115+ avg. premiums), this superb asset is perfectly positioned to capitalize on Charlotte’s prolific economic growth.
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The Hamptons
180 Units
8415 University Station Circle
Charlotte, NC  28269
Type: Conventional
Closed: 3/28/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 21-unit, 63-bed, 2006-built Partners Place student apartments nestled in the heart of Elon, NC. Located conveniently down the road from Elon University, Partners Place apartments is an attractive asset with minimal maintenance required, and offers new ownership the opportunity to sell units individually for high returns.
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Partners Place
21 Units | 63 Beds
100 Campus Walk Trail
Elon, NC  27244
Type: Student
Closed: 3/22/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 220 unit, 2007-built Windsor Upon Stonecrest in Burlington, NC. The asset is embedded in a prime location in the I-40/85 corridor, directly in the heart of the Piedmont Triad and Research Triangle, offering access to an abundance of nearby employers and high-quality retail in a rapidly growing market. With support for a light value-add program and the option to develop an additional 109 units on Phase II land, Windsor Upon Stonecrest presents an opportunity to expand upon already strong operations and establish the property as a top-of-the-market asset.
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Windsor Upon Stonecrest
220 Units
4229 Stonecrest Drive
Burlington, NC  27215
Type: Conventional
Closed: 3/10/2017
Property Tours are to be scheduled Tuesdays through Thursdays directly with Brokers, 72 hours in advance.

Cushman & Wakefield is excited to present the exclusive listing of the 90-unit, 1982-built Bridges at Quail Hollow apartments located in an affluent neighborhood of Charlotte, NC. Bridges at Quail Hollow is located within a short walk of the prestigious Quail Hollow Country Club, Charlotte’s most exclusive country club and host of the 2017 PGA Championship. Located in the "Urban Core" of Charlotte, Bridges at Quail Hollow is surrounded by over 46 million SF of Class A employment centers and over 3 million SF of upscale retail centers. With an attractive unit mix consisting of large floor plans (1,088 SF avg.) and a high concentration of townhome units (53%), the property is ideally suited for an interior value-add program with rents trailing value-add competition by $133.

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Bridges at Quail Hollow
90 Units
7561 Quail Meadow Lane
Charlotte, NC  28210
Type: Conventional
Closed: 3/1/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 260-unit, 2000-built Reserve at Mill Landing. The property is located in Lexington, SC, just 11 miles west of Downtown Columbia. With rents trailing the submarket by $107, Reserve at Mill Landing offers an impressive value-add foundation with excellent curb appeal (hardi-plank siding) as well as 9’ ceilings and full-size w/d connections in each unit. The property is located in an affluent Columbia, MSA suburb with average HHI’s eclipsing $78,000 and an unemployment rate of just 2.53%.
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Reserve at Mill Landing
260 Units
809 East Main Street
Lexington, SC  29072
Type: Conventional
Closed: 3/1/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 136 unit, 1980-built Forest Hills, located in Garner, NC within the Raleigh MSA. The asset is embedded in a prime location with convenient access to downtown Raleigh (4.5 miles), the Research Triangle Park (18 miles) and high-quality retail including nearby White Oak Crossing (2 miles). Formerly a LIHTC development with rent restrictions lifted in 2015, Forest Hills offers an outstanding opportunity to boost rents through a marketsupported value-add program and will further benefit from the strong fundamentals of the overall Triangle and Garner markets.
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Forest Hills (TC)
136 Units
917 Seventh Avenue
Garner, NC  27529
Type: Conventional
Closed: 2/17/2017
Property Tours:
  • Tuesday, August 2, 2016
  • Tuesday, August 9, 2016
  • Tuesday, August 16, 2016
  • Tuesday, August 23, 2016
  • Tuesday, August 30, 2016

Please contact one of the brokers listed on this page to discuss or schedule a tour.

Cushman & Wakefield is pleased to present the exclusive listing of the 250-unit Landmark at Chelsea Commons apartment community in southwest Chapel Hill, North Carolina. Ideally positioned two miles southwest of more than 22,000 jobs at the University of North Carolina at Chapel Hill and UNC Health Care, the property also benefits from The Triangle’s prolific employment centers in Durham and Research Triangle Park. Built in 1986, Chelsea Commons offers an outstanding opportunity to invest in a well-located and solidperforming asset with market-supported value-add potential.

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Landmark at Chelsea Commons (180 West)
250 Units
180 BPW Club Road
Carrboro, NC  27510
Type: Conventional
Closed: 1/31/2017