Sold
Glenrock
180 Units
2730 Dave Ward Dr
Conway, AR  72034
Type:  Multifamily
Closed: 5/22/2020
Sold
Elevation Homewood & Vestavia (2 properties, 318 units)
Elevation Homewood
198 Units
1301 Lakeshore Place
Homewood, AL  35209
Type:  Multifamily
Closed: 3/26/2020
Sold
Elevation Homewood & Vestavia (2 properties, 318 units)
Elevation Vestavia Hills
120 Units
2927 Columbiana Court
Vestavia Hills, AL  35216
Closed: 3/26/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 368-unit Serenity Montgomery Portfolio. Benefiting from a strong manufacturing economy, the Montgomery metro has garnered over $1 Billion in capital investments and approximately 7,000 jobs over the past three years. Hyundai (3,000+ jobs) recently announced additional investments of $400M+ and 100+ jobs. The two assets, Serenity at the Park and Serenity Townhomes, are situated in an "Opportunity Zone" which will provide huge tax benefits to the next investor. Built in 1972 and comprised of all-brick exteriors, the Serenity Montgomery Portfolio offers value add upside at an extremely attractive basis.
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Serenity Montgomery (2 properties, 368 units)
Serenity at the Park
176 Units
4900 Plaza Drive
Montgomery, AL  36116
Type:  Multifamily
Closed: 3/26/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 278-unit Park West apartment community located in Mobile, AL. This asset is situated in the affluent West Mobile submarket, just south of Airport Boulevard, with convenient access to top employers and major retail destinations. The immediate area is home to key economic drivers such as Providence Hospital (1,540 jobs), University of South Alabama (16,440+ students), Mobile Regional Airport, and over 1.5 million square feet of quality retail within a 3-mile radius. Built in 1977, Park West presents an opportunity to invest in a true value add asset in a flourishing submarket.
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Park West
278 Units
1663 Hillcrest Road
Mobile, AL  36695
Type:  Multifamily
Closed: 3/17/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Dothan 5 portfolio located in Dothan, Alabama. Widely regarded as the "southeastern gem" of the state, Dothan boasts an expanding medical/industrial economy and strong local job growth. The 5 assets are situated in convenient locations that offer easy access to beaches (appr. 80 miles), downtown, quality jobs, high-end retail and healthcare. The portfolio arrives to market 94% occupied and is experiencing heavy demand with 3 of the 5 assets recently completing significant rehab programs. Built between 1940-1995, Dothan 5 presents an outstanding opportunity to invest in a cash-flowing portfolio with excellent value add upside.
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Dothan 5 Portfolio (5 properties, 260 units)
Chateau
32 Units
1308 Sioux Street
Dothan, AL  36303
Type:  Multifamily
Closed: 3/12/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Dothan 5 portfolio located in Dothan, Alabama. Widely regarded as the "southeastern gem" of the state, Dothan boasts an expanding medical/industrial economy and strong local job growth. The 5 assets are situated in convenient locations that offer easy access to beaches (appr. 80 miles), downtown, quality jobs, high-end retail and healthcare. The portfolio arrives to market 94% occupied and is experiencing heavy demand with 3 of the 5 assets recently completing significant rehab programs. Built between 1940-1995, Dothan 5 presents an outstanding opportunity to invest in a cash-flowing portfolio with excellent value add upside.
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Dothan 5 Portfolio (5 properties, 260 units)
Rock Creek
100 Units
1304 Cornell Avenue
Dothan, AL  36303
Type:  Multifamily
Closed: 3/12/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Dothan 5 portfolio located in Dothan, Alabama. Widely regarded as the "southeastern gem" of the state, Dothan boasts an expanding medical/industrial economy and strong local job growth. The 5 assets are situated in convenient locations that offer easy access to beaches (appr. 80 miles), downtown, quality jobs, high-end retail and healthcare. The portfolio arrives to market 94% occupied and is experiencing heavy demand with 3 of the 5 assets recently completing significant rehab programs. Built between 1940-1995, Dothan 5 presents an outstanding opportunity to invest in a cash-flowing portfolio with excellent value add upside.
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Dothan 5 Portfolio (5 properties, 260 units)
Summer Tree
72 Units
560 Fortner Street
Dothan, AL  36301
Closed: 3/12/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Dothan 5 portfolio located in Dothan, Alabama. Widely regarded as the "southeastern gem" of the state, Dothan boasts an expanding medical/industrial economy and strong local job growth. The 5 assets are situated in convenient locations that offer easy access to beaches (appr. 80 miles), downtown, quality jobs, high-end retail and healthcare. The portfolio arrives to market 94% occupied and is experiencing heavy demand with 3 of the 5 assets recently completing significant rehab programs. Built between 1940-1995, Dothan 5 presents an outstanding opportunity to invest in a cash-flowing portfolio with excellent value add upside.
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Dothan 5 Portfolio (5 properties, 260 units)
The Gardens
26 Units
314 Virginia Drive
Dothan, AL  36301
Type:  Multifamily
Closed: 3/12/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Dothan 5 portfolio located in Dothan, Alabama. Widely regarded as the "southeastern gem" of the state, Dothan boasts an expanding medical/industrial economy and strong local job growth. The 5 assets are situated in convenient locations that offer easy access to beaches (appr. 80 miles), downtown, quality jobs, high-end retail and healthcare. The portfolio arrives to market 94% occupied and is experiencing heavy demand with 3 of the 5 assets recently completing significant rehab programs. Built between 1940-1995, Dothan 5 presents an outstanding opportunity to invest in a cash-flowing portfolio with excellent value add upside.
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Dothan 5 Portfolio (5 properties, 260 units)
Virginia Terrace
30 Units
107 Virginia Drive
Dothan, AL  36301
Type:  Multifamily
Closed: 3/12/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Cahaba Brook and Cahaba Park - 54 units across two assets located in the affluent communities of Vestavia Hills and Homewood, ranked #4 and #2 of Alabama’s top suburbs, respectively. Birmingham’s most desirable municipalities of Vestavia Hills, Homewood and Mountain Brook maintain heavy multifamily restrictions, with only 5 assets constructed in these areas since 2000. Residents at the subjects are afforded easy access to dense cores of quality jobs, upper echelon retail options and state-ranked school systems. Built in 1991 and 1954, and heavily capitalized over the past 4 years, Cahaba Brook and Cahaba Park represent the opportunity to acquire well-demanded assets with ample space for the next investor to implement a "2.0" renovation program and create outstanding exit value.
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Cahaba Brook & Cahaba Park (2 properties, 54 units)
Cahaba Brook
20 Units
3252 Bearden Court
Vestavia Hills, AL  35243
Closed: 3/5/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 80-unit Chaney Place apartment community located in the rapidly expanding city of Huntsville, AL. Huntsville’s economy has added over 12K jobs and $5B of capital investments since the start of 2018 and is one of the top-ranked investment markets in the entire U.S. Notably, Huntsville now has the #1 most technical workforce in the country with nearly 17% of the workforce in a STEM related field earning $95k+ average salaries. Chaney Place features a class "A" home-like experience with 100% ground floor entry townhomes, massive 1,350 SF average floor plans and highly desirable amenities. Delivered between 2008-2015, Chaney Place represents the rare opportunity to acquire an attractive, cash flowing asset within the premier Huntsville investment space.
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Chaney Place
80 Units
1060 Chaney Place Dr
Huntsville, AL  35803
Closed: 3/5/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Arlington Park - 252 units located in Mobile, Alabama. The subject is situated in the affluent West Mobile submarket, just south of Airport Boulevard, with $100K+ HH incomes and state-ranked schools. The immediate area is home to key economic drivers such as Providence Hospital (1,540 jobs), University of South Alabama (16,440+ students), Mobile Regional Airport, and over 1.5 million square feet of quality retail within a 2-mile radius. Constructed in 2001, Arlington Park offers the investor quality product well below replacement cost with excellent in-place cash flow that is primed for a full-scale value add campaign.
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Arlington Park
252 Units
7070 Grelot Road
Mobile, AL  36695
Type:  Multifamily
Closed: 2/26/2020
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Retreat at Panama City Beach
360 Units
90 Sandal Lane
Panama City Beach, FL  32413
Type:  Multifamily
Closed: 1/31/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Trails at Cahaba River - 400 units located in Birmingham, AL. This asset is desirably situated along the thriving US-280 Corridor, one of the metro’s high growth areas with nearly 10M SF of top-tier retail and office space. Embedded near quality employment opportunities and upscale amenities, the community attracts a high quality resident profile. Current ownership has invested over $6.6M in interior, exterior, and community amenity upgrades - creating in-place organic rent growth and space for the next investor to initiate next-level upgrades. Built in 1987/1988, The Trails at Cahaba River offers the investor an outstanding opportunity to acquire a cash-flowing asset with proven value add upside far below replacement cost.
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The Trails at Cahaba River
400 Units
801 Cahaba Forest Cove
Birmingham, AL  35242
Type:  Multifamily
Closed: 1/29/2020
Sold
Place at Galleria
150 Units
1 Hampton Place
Hoover, AL  35216
Type:  Multifamily
Closed: 12/30/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group, together with Avison Young, are pleased to present the exclusive listing of the Southeast 698 portfolio - three well-maintained assets located in desirable submarkets of Savannah, GA, Columbia, SC and Mobile, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in prime locations with uptrending cash flows, these three assets are poised for powerful growth through proven value-add strategies and market-backed rental upside.
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Southeast 698 Portfolio (3 properties, 698 units)
Georgetown Crossing
168 Units
1015 King George Boulevard
Savannah, GA  31419
Type:  Multifamily
Closed: 12/27/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group, together with Avison Young, are pleased to present the exclusive listing of the Southeast 698 portfolio - three well-maintained assets located in desirable submarkets of Savannah, GA, Columbia, SC and Mobile, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in prime locations with uptrending cash flows, these three assets are poised for powerful growth through proven value-add strategies and market-backed rental upside.
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Southeast 698 Portfolio (3 properties, 698 units)
Paces Brook
260 Units
113 Paces Brook Avenue
Columbia, SC  29212
Type:  Multifamily
Closed: 12/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Palladian at Daphne - 120 units located within the affluent Daphne municipality of Mobile, Alabama. Baldwin County, the fastest growing county in the state, has garnered 53% population growth since 2000 and boasts a median HH income nearly 25% greater than the statewide statistic. Situated along the desirable Eastern Shore of Mobile, Palladian at Daphne enjoys an affluent resident profile and close proximity to quality retail and employment. The subject asset features massive, 1,800 SF average floor plans with 100% attached garages and ground floor entry, providing residents with "home style" living at a low cost per foot. Constructed in 2017, Palladian at Daphne offers the investor a newly delivered asset producing strong, stable cash flow in an A+ Daphne location.
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Palladian at Daphne
120 Units
27821 State Highway 181
Daphne, AL  36526
Closed: 12/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group, together with Avison Young, are pleased to present the exclusive listing of the Southeast 698 portfolio - three well-maintained assets located in desirable submarkets of Savannah, GA, Columbia, SC and Mobile, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in prime locations with uptrending cash flows, these three assets are poised for powerful growth through proven value-add strategies and market-backed rental upside.
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Southeast 698 Portfolio (3 properties, 698 units)
Retreat at Schillinger
270 Units
1313 Schillinger Road South
Mobile, AL  36695
Type:  Multifamily
Closed: 12/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Sandstones - 172 units located in Pensacola, FL. The subject maintains a convenient location with close proximity to Hwy-98, a high-traffic thoroughfare which runs along the Gulf Coast of FL. Sandstones is centralized amongst major economic drivers that are contributing towards explosive financial growth for the region. Pensacola is benefiting from the upcoming Navy Federal Credit Union corporate campus expansion (5,000 jobs, $1.2B new investment). Built in 1966/1973 and strategically positioned along Hwy-98, Sandstones presents the opportunity to acquire a cash-flowing asset with market-backed value add upside.
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Sandstones
172 Units
190 N Old Corry Field Road
Pensacola, FL  32507
Type:  Multifamily
Closed: 12/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 12-unit Shady Oaks apartment community located in the desirable Midtown submarket of Montgomery, Alabama. The asset offers direct connectivity to Downtown and Eastchase. Benefiting from a strong manufacturing economy, the metro has garnered more than $1 Billion of capital investments and 7,000+ jobs over the past three years. Shady Oaks is surrounded by some of the metro’s primary job/retail cores, such as AUM, Baptist Health, and The Shoppes at Eastchase. With value add potential in a desirable submarket, Shady Oaks is in a prime position for growth for the next investor.
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Shady Oaks
12 Units
545 Eastdale Road South
Montgomery, AL  36117
Closed: 12/13/2019
Sold
Maplewood
54 Units
315 College Drive
Hanceville, AL  35077
Closed: 12/9/2019
Sold
The Kenzie
213 Units
4501 Old Caldwell Mill Road
Birmingham, AL  35242
Type:  Multifamily
Closed: 12/4/2019