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Displaying results 289-312 of 372
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Galleria 3 Portfolio, an 825-unit value add portfolio centralized in the desirable Hoover municipality of Birmingham, Alabama. The portfolio is comprised of three communities: The Park at Galleria (431 units), The Place at Galleria (150 units), and The Renaissance at Galleria (244 units). Hoover is ranked the 4th best place to live in Alabama (Niche, 2018), boasting a state ranked school system, affluent demographics, and heavy barriers to entry for multifamily. The municipality also offers access to over 10,000 jobs and 2.8 million square feet of quality retail, along with a healthy pipeline of new economic development. Delivered between 1972 and 2002, The Galleria 3 Portfolio offers proven value add upside and heavy operational upside, both of which can create massive cash flow for the next investor.
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Galleria 3 Portfolio (3 properties, 825 units)
Place at Galleria (ICG 3)
150 Units
1 Hampton Place
Hoover, AL  35216
Type:  Multifamily
Closed: 2/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit Summer Rise apartment community located in the expanding Birmingham, AL. This asset is situated in the growing Northeast submarket of the metro, which recently has announced over 3,000 jobs coming in the next year between two major projects. Built in 1970, Summer Rise represents an outstanding opportunity to invest in a densely occupied asset with robust upside potential near local economic drivers.
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Summer Rise
96 Units
1967 East Bend Circle
Center Point, AL  35215
Type:  Multifamily
Closed: 1/31/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Heights at Skyland - 304 units located in Tuscaloosa, AL. This asset is situated in the growing Tuscaloosa submarket, which has attracted 2,700+ future jobs over the next 2 years and is grounded on two expanding pillars of The University of Alabama and the Mercedes-Benz plant. The subject boasts 97 renovated units ($30-$120 premiums), leaving 207 units for the next investor to fully round out the property. Built in 1975 and 1991, The Heights at Skyland represents the opportunity to invest in a well-performing asset in a high-growth market with massive upside via strategic capital improvements.
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The Heights at Skyland
304 Units
4527 18th Avenue East
Tuscaloosa, AL  35405
Closed: 1/31/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 113-unit Sandpiper 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.
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Sandpiper
113 Units
741 Barcelona Court
Birmingham, AL  35209
Type:  Multifamily
Closed: 1/29/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 210-unit Crowne at Long Leaf Trace apartment community located in Hattiesburg, Mississippi. This asset is afforded excellent visibility and access at the northwest corner of The University of Southern Mississippi’s campus, the city’s primary economic engine with nearly 14,000 enrollees. Built in 2008, Crowne at Long Leaf Trace represents one of the few Class "A" living options for USM students that is within walking distance of campus, which will encourage continued high occupancy and organic rent growth.
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Crowne at Long Leaf Trace
210 Units | 440 Beds
700 Beverly Hills Road
Hattiesburg, MS  39401
Type:  Multifamily
Closed: 1/24/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 98-unit The Park on 23rd apartment community located in the thriving Pell City, AL. This asset is situated just off Interstate 20, within 15 minutes of Honda’s manufacturing plant in Lincoln (4,500 jobs, $140M expansion in 2018). Built in 1998 and undergoing a massive value add campaign, The Park on 23rd offers an outstanding opportunity to invest in a cash-flowing asset with proven value add potential.
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The Park on 23rd
98 Units
1103 23rd Street N
Pell City, AL  35125
Closed: 1/18/2019
Sold
Huntsville Place
84 Units | 336 Beds
4955 Century Street NW
Huntsville, AL  35816-1973
Closed: 1/16/2019
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Covington Park I & II
156 Units
100 Covington Park Drive
Jackson, MS  39212
Closed: 1/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 208-unit 701 South apartment community located in Mobile, AL. This asset is situated in the highly sought-after West Mobile submarket and maintains high visibility and accessibility off two of the city’s major thoroughfares. Built in 1975 and fully-renovated in 2016/2017, 701 South is generating exceptional demand from the rental market and is positioned for powerful future growth.
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701 South
208 Units
701 S University Boulevard
Mobile, AL  36609
Closed: 1/9/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit Ridgeland Ranch apartment community, located in the heavily sought-after Ridgeland suburb of Jackson, Mississippi. Ridgeland is currently ranked the 2nd best municipality in Mississippi, offering one of the state’s most coveted school systems and highest median incomes. Built in 1974, Ridgeland Ranch offers the investor a well-located asset with market-suggested value add potential.
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Ridgeland Ranch
137 Units
1620 East County Line Road
Ridgeland, MS  39157
Closed: 12/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group, pleased to present the exclusive listing of Landmark at Lancaster Place, a 240-unit apartment community located in Birmingham, Alabama. This asset sits in the budding municipality of Calera, Birmingham’s 2nd fastest growing city in terms of population growth. With a strategic location that offers access to both the Birmingham and Montgomery job markets, Calera boasts an affluent demographic and state-ranked school system. Built in 2007, Landmark at Lancaster Place offers the next investor both organic in-place rent growth and legitimate value add upside.
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Landmark at Lancaster Place
240 Units
10 Kensington Manor Drive
Calera, AL  35040
Type:  Multifamily
Closed: 12/5/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Vestavia Reserve, 272 Class A++ units located in Vestavia Hills, Alabama. Delivered in 2016/2017 and nestled within one of Birmingham’s most affluent suburbs, Vestavia Reserve offers the ultimate in Southern suburban lifestyle. As the only Class A asset within the top-rated Vestavia Hills school district, the subject community competes directly with Homewood and Mountain Brook locations, boasts an outstanding demographic profile, and offers walkability to practical multi-use retail - all within an extremely high-barriers submarket.
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Vestavia Reserve
272 Units
2300 Reserve Trail
Vestavia Hills, AL  35243
Type:  Multifamily
Closed: 11/9/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Sandalwood Apartment Community located in Pensacola, FL. Sitting off of Hwy 98, which runs along the Gulf Coast of FL, the asset has excellent visibility. It is centralized amongst major economic drivers that are contributing towards explosive financial growth for the region. Built in 1985 with low-maintenance materials, Sandalwood offers an outstanding opportunity to invest in a cash-flowing asset with substantial upside via strong rent trajectory and an attractive value add story.
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Sandalwood
144 Units
6501 Highway 98 West
Pensacola, FL  32506
Type:  Multifamily
Closed: 11/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 30-story City Center, an adaptive re-use opportunity located in Birmingham, AL. Comprised of nearly 700,000 square feet of vacated space in the heart of Downtown, City Center offers a once-in-a-cycle opportunity to acquire a large scale re-use project with unlimited future potential. Historically utilized as office space for AT&T, the next investor can modify the interior shell of City Center to open the doorway for multifamily, condos, class A office space, and boutique retail. With an 87 walkability score and heavy barriers to entry, City Center is in a profitable position for adaptive re-use. City Center, if converted to multifamily, would also offer the best walkability to the Central Business District and to the upcoming $300M BJCC project (new stadium, massive existing upgrades).
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City Center
387 Units
600 19th Street North
Birmingham, AL  35203
Closed: 11/1/2018
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Cambridge Park
200 Units
3414 Shortcut Road
Pascagoula, MS  39581
Closed: 10/31/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the LA/MS Portfolio, 1,111-units across 4 apartment communities. This portfolio is comprised of 4 assets: Grand Pointe (Lafayette, LA), Oak Hollow (Southaven, MS), Pelican Pointe (Slidell, LA), and Twin Oaks (Hattiesburg, MS). The LA/MS Portfolio is optimally situated amongst some of Mississippi and Louisiana’s best-performing cities, which will garner substantial interest from the rental market. With value add opportunity across the board and stable cash flow, The LA/MS Portfolio is positioned for powerful future growth.
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LA/MS Portfolio (3 properties, 845 units)
Oak Hollow
277 Units
646 Whispering Oak Drive
Southaven, MS  38671
Type:  Multifamily
Closed: 10/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the LA/MS Portfolio, 1,111-units across 4 apartment communities. This portfolio is comprised of 4 assets: Grand Pointe (Lafayette, LA), Oak Hollow (Southaven, MS), Pelican Pointe (Slidell, LA), and Twin Oaks (Hattiesburg, MS). The LA/MS Portfolio is optimally situated amongst some of Mississippi and Louisiana’s best-performing cities, which will garner substantial interest from the rental market. With value add opportunity across the board and stable cash flow, The LA/MS Portfolio is positioned for powerful future growth.
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LA/MS Portfolio (3 properties, 845 units)
Pelican Pointe
266 Units
3400 Pelican Pointe Dr
Slidell, LA  70458
Type:  Multifamily
Closed: 10/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the LA/MS Portfolio, 1,111-units across 4 apartment communities. This portfolio is comprised of 4 assets: Grand Pointe (Lafayette, LA), Oak Hollow (Southaven, MS), Pelican Pointe (Slidell, LA), and Twin Oaks (Hattiesburg, MS). The LA/MS Portfolio is optimally situated amongst some of Mississippi and Louisiana’s best-performing cities, which will garner substantial interest from the rental market. With value add opportunity across the board and stable cash flow, The LA/MS Portfolio is positioned for powerful future growth.
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LA/MS Portfolio (3 properties, 845 units)
Twin Oaks
302 Units
2766 Oak Grove Road
Hattiesburg, MS  39402
Closed: 10/12/2018
Sold
The Huntley
200 Units
100 Huntley Parkway
Pelham, AL  35124
Type:  Multifamily
Closed: 9/17/2018
Sold
The Moderne At Providence
300 Units
30 Gates Mill Street NW
Huntsville, AL  35806
Type:  Multifamily
Closed: 9/12/2018
Sold
Sunrise Pointe
344 Units
7716 Sunrise Circle
Birmingham, AL  35210
Closed: 9/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 112-unit St. Charles Villas apartment community located in Birmingham, Alabama. This asset is embedded near quality industrial employers like American Cast Iron Pipe Company (1,600 Jobs), and sits just 10 minutes from the heart of Downtown. St. Charles Villas is currently operating under the rare and attractive HAP program. With an enticing townhome physical plant and large floorplans, the subject is desirable in the rental community.
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St. Charles Villas
112 Units
100 Pratt Highway
Birmingham, AL  35214
Type:  Multifamily
Closed: 8/17/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit Serenity of Mobile apartment community located in Mobile, Mobile County, Alabama. This asset is situated near the intersection of Azalea Road and Pleasant Valley Road, just over one mile south of Airport Boulevard. With I-65 less than two miles from the subject, residents experience convenient access to all of Mobile’s employment opportunities, retail amenities, and leisure activities. Built in 1975, Serenity of Mobile represents an outstanding opportunity to invest in an asset located in affluent Midtown Mobile with impressive value-add potential.
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Serenity at Mobile
152 Units
557 Azalea Road
Mobile, AL  36609
Type:  Multifamily
Closed: 8/15/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Birmingham Key 3 Portfolio, 438 total units across three apartment communities in the Birmingham (AL) metro. These assets offer outstanding locations within two of Alabama’s Top 5 suburbs, Homewood and Hoover, both of which maintain heavy restrictions on new multifamily development. All three communities offer residents easy access to dense cores of quality jobs and upper end retail options. Built in the mid-1970’s, The Birmingham Key 3 Portfolio is on the backend of major management adjustments and arrives to market 96% leased. With heavy lifting already completed, the next investor will be able to focus on rounding out the in-place value add initiative.
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Birmingham Key 3 (3 properties, 438 units)
City Heights Hoover
160 Units
2071 Alpine Village
Birmingham, AL  35216
Type:  Multifamily
Closed: 8/7/2018
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