The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 233-unit Huntleigh Woods apartment community located in Mobile, Alabama. This asset is situated in the highly sought-after West Mobile submarket, home to key economic drivers such as Providence Hospital (1,550 jobs), Publix & Whole Foods, University of South Alabama, Mobile Regional Airport, and over 3 million square feet of quality retail. Built in 1977, Huntleigh Woods is generating exceptional demand from the rental market and has operated at economically full occupancy over the past year. With upward market pressure, the next investor will be able to capitalize through initiating a value add campaign on the all original interiors.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 196-unit Mountainside apartment community located in the desirable Southside submarket of Downtown Birmingham, Alabama. Southside has proven to be a highly attractive submarket in the metro due to proximity to both Downtown (UAB, CBD, Parkside) and upper echelon suburbs to the south (Mountain Brook, Homewood). Downtown has been truly transformed over the last 5 years and will continue to see an influx of jobs, capital, and residents moving to the urban core. Mountainside arrives to the market on the tail-end of a 3 year, $3.25M renovation campaign that has positioned the asset into one of the top communities in Southside.

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Mountainside

196 Units

101 Penthouse Drive
Birmingham, AL 35205

Type: Conventional

Closed: 6/6/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 224-unit Southern Oaks apartment community located in Mobile, Alabama. This asset is situated along South University Boulevard, a high-traffic thoroughfare that provides quick access to the city’s employment cores and quality retail. Built in 1975, Southern Oaks offers an outstanding opportunity to invest in an asset with a highly visible location. There is also high value add potential, as all unit interiors are originals.

833 South University Boulevard
Mobile, AL 36609

Closed: 5/30/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of High River, a 176-unit apartment community located in Tuscaloosa, Alabama. Tuscaloosa has produced outstanding growth over the past decade, benefiting from an economy backed by two pillars: University of Alabama ($1.8B impact) and the Mercedes-Benz plant ($1.3B expansion). High River is situated in the thriving Northport submarket, boasting the metro’s top suburbs, highest household incomes, and heavy multifamily supply restrictions. The next investor will be acquiring an asset with massive upside potential, having maintained 98% occupancy over the last 4 years and 4.2% organic rent growth. With renovations in 2007, the community is positioned for a 2nd generation of upgrades with 4 enhanced units already achieving $100 rent premiums.

1900 Rice Mine Road
Tuscaloosa, AL 35406

Type: Conventional

Closed: 5/1/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 95-unit Ski Lodge apartment community located in Anniston, Alabama. This asset is strategically-located in between downtown Anniston and Interstate 20. Built from 1973 to 1980, Ski Lodge offers an outstanding opportunity to invest in a quality asset with impressive value add potential.

2320 Coleman Road
Anniston, AL 36207

Type: Conventional

Closed: 5/1/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 468-unit Riverchase Landing apartment community located in the desirable Hoover suburb of Birmingham, Alabama. This asset maintains an exceptional location within the Riverchase PUD, which encompasses over 10,000 jobs and the State’s largest concentration of retail (2.8 million square feet). Hoover is heavily sought after by investors with its top quality schools (ranked 4th in Alabama) and tough restrictions on new multifamily zoning. Built in three phases between 1984-1992, Riverchase Landing offers the investor an attractive multifamily asset with the submarket’s largest floorplans and an in-place value add campaign.

200 River Haven Circle
Hoover, AL 35244

Type: Conventional

Closed: 3/6/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of a 392-unit, two property portfolio located in Pensacola, Florida. Arbor Club and Ashley Club offer superior locations in close proximity to employment, and quality retail/recreational amenities. Both of the properties have received significant renovations since 2013 (293 units) and are achieving rent premiums and increased revenue. Built in 1986, these properties represent an outstanding opportunity to invest in a supply constrained submarket with further revenue growth potential by completing renovations to the un-renovated units at the properties.

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Arbor Club & Ashley Club (2 properties, 392 units)

Arbor Club

168 Units

700 College Boulevard
Pensacola, FL 32504

Arbor Club & Ashley Club (2 properties, 392 units)

Ashley Club

224 Units

2101 Scenic Highway
Pensacola, FL 32503

Type: Conventional

Closed: 2/27/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Apartments at the Venue, a 618-unit gated apartment community located in Valley, AL. Strategically situated in Alabama’s primary auto corridor, the asset sits 20 minutes away from Kia (3,000 jobs) and the upcoming Sentury Tire plant (1,000 jobs by 2019, $530M project). Chambers County has recruited over $170M of projects since 2016, including an all new industrial park adjacent to The Venue. Built in 2008 & 2009, The Venue offers the buyer Class A product at an extremely desirable pricing with in-place high yielding cash flow and a compelling value-add strategy that will further boost returns.

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The Apartments at the Venue

618 Units

100 Sydney Street
Valley, AL 36854

Type: Conventional

Closed: 2/23/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Waverly, a 168-unit apartment community located in desirable Horn Lake, Mississippi. This asset is situated on the north side of Goodman Road, only 2.5 miles west of DeSoto Crossing, Southaven Town Centre, and Baptist Memorial Hospital. The Waverly is also in close proximity to I-55, providing direct access to Memphis. Built in 1995, The Waverly offers an outstanding opportunity to invest in a bolstering asset with an in-place value add campaign, which will allow the next investor ample opportunity for further revenue growth.

7101 Tulane Road
Horn Lake, MS 38637

Closed: 2/22/2018

Offers due by Friday, July 15, 2016

Property Tours:

Thursday, June 16, 2016
Thursday, June 23, 2016
Thursday, June 30, 2016
Thursday, July 7, 2016
Thursday, July 14, 2016

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

Cushman & Wakefield is excited to present the 180-unit Grande Pointe apartments on the affluent eastern shore of Mobile Bay, in Daphne, Baldwin County, Alabama. Strategically located in a destination retail district known for its high quality of life and higher household incomes, Grande Pointe is nine miles east of downtown Mobile via direct highway access. Average income within a three-mile radius of the subject is $83,792, which is significantly higher than the metro average of $45,100. Grande Pointe residents also enjoy proximity to Gulf Coast beaches and the top schools in the Mobile MSA.

133 Lake Front Drive
Daphne, AL 36526

Type: Conventional

Closed: 1/17/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Plantation apartment community located in Mobile, Mobile County, Alabama. This asset is ideally situated in close proximity to Interstate 10, offering outstanding access to the Mobile Aeroplex and major business developments from Amazon and Walmart (1,500+ total jobs coming). Built in 1977, Plantation represents an outstanding opportunity to invest in a very stable property in a well demanded market.

5725 Old Pascagoula Rd
Mobile, AL 36619

Closed: 1/12/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 56-unit Harbor Crossing apartment community located in Bay Minette, Baldwin County, AL. This asset is situated in the desirable community of northeast Mobile, offering strong connectivity across the Gulf Coast. Built in 1998, Harbor Crossing represents an outstanding opportunity to invest in a recently repositioned asset, with an attractive physical plant and room to organically grow rents.

603 S Dobson Ave
Bay Minette, AL 36507

758 St. Michael Street
Mobile, AL 36602

Type: Conventional

Closed: 1/5/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Chace Lake Villas apartment community located in Birmingham, Alabama. This asset offers an outstanding location for tenants within the Riverchase PUD, and the asset is within walking distance of 2.8 million square feet of retail and a five-minute drive to 10,000+ jobs. Built in 1996, Chace Lake Villas represents a clear-cut opportunity to invest in an asset with quality construction and an in-place value add campaign, creating significant room for revenue growth for the next investor.

98 Chace Lake Parkway
Birmingham, AL 35244

Type: Conventional

Closed: 12/28/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 180-unit The Belmont apartment community located in Biloxi, Jackson County, Mississippi. This asset is situated in desirable north Biloxi, convenient to downtown and a diverse economic base. Built in 2005, The Belmont offers an outstanding opportunity to invest in a newer deal with value add potential.

14801 Lemoyne Boulevard
Biloxi, MS 39532

Closed: 12/28/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit ARIUM Homeplace apartment community located in the highly desirable Prattville, Alabama. Prattville has observed 40% population growth since 2000, and James Hardie just announced a $220M project (200+ new jobs) just 2.5 miles southwest of the subject. This asset is situated within the master-planned Homeplace community, consisting of nearly three million square feet of retail space, Capitol Hill Golf Club, upscale residential, and a Marriott hotel. Built in 2014, ARIUM Homeplace offers the investor the opportunity to acquire Prattville’s premier multifamily community, boasting Humphrey’s Big House Design and top tier luxury amenities. The next investor will be acquiring an asset with a powerful lease trajectory and a track record of collections growth.

790 Old Quarters Road
Prattville, AL 36066

Type: Conventional

Closed: 12/21/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Magnolia Pointe at Madison apartment community located in the expanding city of Huntsville, Alabama. This asset maintains an A+ location within the desirable Madison suburban zip code, and is in close proximity to the region’s top economic drivers including Cummings Research Park, Redstone Arsenal, and Bridge Street Town Centre. West Huntsville is experiencing outstanding economic momentum, as a wealth of new retail/mixed use developments is on the way in conjunction with expanding industry. Built in 1991 with massive floor plans, Magnolia Pointe at Madison arrives to the market with stellar performance and proven value add returns.

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Magnolia Pointe at Madison

204 Units

7900 Old Madison Pike
Madison, AL 35758

Type: Conventional

Closed: 12/7/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Terrace 31, a 79-unit apartment community located in Pelham, Shelby County, Alabama. This asset is situated in the desirable North Shelby County submarket. Built in 1972 / 1998 and renovated in 2015, the property represents an outstanding opportunity to invest in an upward trending asset within a well demanded submarket.

2059 Little Mountain Circle
Pelham, AL 35124

Type: Conventional

Closed: 11/29/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 94-unit Timberchase apartment community located in Birmingham, Jefferson County, AL. This asset is situated in close proximity to all employment and lifestyle amenities in the Birmingham Metro. Built in 1973, this well maintained property represents an outstanding opportunity to invest in an extremely stable cash flowing asset in a desirable Birmingham neighborhood.

925 Beacon Parkway East
Birmingham, AL 35209

Closed: 11/22/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit The Courtyards at Auburn apartment community located in Auburn, Alabama. This asset is situated in the heart of the Auburn-Opelika MSA, offering residents outstanding access to Auburn University, a state-ranked school system, a solid job core, and high quality retail nearby. Auburn is considered one of the fastest-growing cities in the nation. Built in 1964, 1984, and 1986, The Courtyards at Auburn offers an exceptional opportunity to invest in a property with strong historical performance and market-backed value add potential.

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The Courtyards at Auburn

240 Units

420 North Dean Road
Auburn, AL 36830

Type: Conventional

Closed: 11/17/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Iron City Lofts apartment community located in Birmingham, Alabama. This asset is an upscale apartment community located in the emerging Lakeview District, the perennial social hotspot for 20’s and 30’s. Iron City Lofts sets the standard for Downtown loft living with state-of-the-art amenities and sought-after downtown views, heavily demanded by both Young Professionals and Millennials. With prime positioning near Birmingham’s epicenter, the Iron City Lofts community should continue to see strong rent momentum in tandem with local economic momentum.

2725 4th Avenue South
Birmingham, AL 35233

5089 Government Boulevard
Mobile, AL 36693

Type: Conventional

Closed: 10/26/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 300-unit Springs at Greystone apartment community located in Birmingham, Alabama. This asset is situated in the top tier suburban district of Greystone, one of the city’s up-and-coming communities with a wealth of upscale lifestyle amenities and outstanding demographics. The Springs at Greystone community is located less than a mile off US-280 and the upcoming luxury mixed-use development Tattersall Park. Built in 2007, Springs at Greystone represents a fantastic opportunity to invest in a stabilized class "A" asset with upward momentum and in-place value add potential.

7278 Cahaba Valley Road
Birmingham, AL 35242

Type: Conventional

Closed: 10/19/2017