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.
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Chace Lake Villas
264 Units
98 Chace Lake Parkway
Birmingham, AL  35244
Type:  Multifamily
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.
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The Belmont - Biloxi
180 Units
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.
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ARIUM Homeplace
240 Units
790 Old Quarters Road
Prattville, AL  36066
Type:  Multifamily
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:  Multifamily
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.
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Terrace 31
79 Units
2059 Little Mountain Circle
Pelham, AL  35124
Type:  Multifamily
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.
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Timberchase
94 Units
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:  Multifamily
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.
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Iron City Lofts
70 Units
2725 4th Avenue South
Birmingham, AL  35233
Closed: 10/30/2017
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Woodside
240 Units
5089 Government Boulevard
Mobile, AL  36693
Type:  Multifamily
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.
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Springs at Greystone
300 Units
7278 Cahaba Valley Road
Birmingham, AL  35242
Type:  Multifamily
Closed: 10/19/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 404-unit Birmingham Four Portfolio, located in the expanding Birmingham, Alabama. This portfolio, consisting of 4 properties (Summer Rise, Summer Terrace, Westlee Park, and Wellington Place) is situated around the Birmingham radius and features quick access to Downtown. Built in the early 1970’s, the Birmingham Four Portfolio represents an outstanding opportunity to invest in highly occupied assets with robust upside potential near local economic drivers.
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Birmingham Four Portfolio (4 properties, 404 units)
Summer Terrace
140 Units
107 Sterling Court NW
Birmingham, AL  35215
Type:  Multifamily
Closed: 9/8/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 404-unit Birmingham Four Portfolio, located in the expanding Birmingham, Alabama. This portfolio, consisting of 4 properties (Summer Rise, Summer Terrace, Westlee Park, and Wellington Place) is situated around the Birmingham radius and features quick access to Downtown. Built in the early 1970’s, the Birmingham Four Portfolio represents an outstanding opportunity to invest in highly occupied assets with robust upside potential near local economic drivers.
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Birmingham Four Portfolio (4 properties, 404 units)
Wellington Place
64 Units
6702 Forest Drive
Fairfield, AL  35064
Type:  Multifamily
Closed: 9/8/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 404-unit Birmingham Four Portfolio, located in the expanding Birmingham, Alabama. This portfolio, consisting of 4 properties (Summer Rise, Summer Terrace, Westlee Park, and Wellington Place) is situated around the Birmingham radius and features quick access to Downtown. Built in the early 1970’s, the Birmingham Four Portfolio represents an outstanding opportunity to invest in highly occupied assets with robust upside potential near local economic drivers.
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Birmingham Four Portfolio (4 properties, 404 units)
Westlee Park
104 Units
1012 33rd Street SW
Birmingham, AL  35221
Type:  Multifamily
Closed: 9/8/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 514-unit Madison Landing apartments in Madison, Alabama, Huntsville’s most sought-after suburban community. Strategically positioned just north of Interstate 565, the property is surrounded by the region’s largest jobs centers — Cummings Research Park, Redstone Arsenal, and Port of Huntsville. Notably the property is just north of the planned 500-acre Town Madison mixed-used development and a new I-565 interchange, which will change the economic landscape of the immediate area. Madison Landing represents an outstanding opportunity to invest in an asset in a high-growth submarket with substantial market-supported value-add potential.
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Madison Landing
514 Units
2002 Flagstone Drive
Madison, AL  35758
Type:  Multifamily
Closed: 8/24/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 136-unit Belvedere apartment community located in Jackson, Hinds County, MS. This asset is situated less than 5 miles from the heart of Jackson and a heavy density of medical employment. Built in 1967, Belvedere represents an outstanding opportunity to invest in an upwardtrending asset offered all cash.
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Belvedere
136 Units
2625 Belvedere Drive
Jackson, MS  39212
Closed: 8/15/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 440-unit Willow Point apartment community located in Jackson, Hinds County, MS. This well demanded asset is situated approximately 10 miles north of the capital city of Downtown Jackson. Originally built in 1994/1997 as a LIHTC property, Willow Point represents an outstanding opportunity to invest in a property with significant upside in rental revenue.
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Willow Point
440 Units
759 Glencross Drive
Jackson, MS  39206
Type:  Multifamily
Closed: 8/10/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,327-unit Mobile Midtown Portfolio located in Mobile, Mobile County, AL. The portfolio is comprised of three of the city’s largest assets: Estates at Lafayette Square, Pine Bend & The Hamptons, and Bel Air. These properties are centered in Mobile’s affluent Midtown district, which boasts the MSA’s highest density of quality retail amenities and extreme proximity to Downtown and the Port of Mobile. Built in the 1970’s, The Mobile Midtown Portfolio offers a rare opportunity to place a considerable amount of capital into well-maintained REIT assets with proven upgrade potential.
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Mobile Midtown Portfolio (3 properties, 1,327 units)
Bel Air
200 Units
505 Bel Air Boulevard
Mobile, AL  36606
Closed: 7/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,327-unit Mobile Midtown Portfolio located in Mobile, Mobile County, AL. The portfolio is comprised of three of the city’s largest assets: Estates at Lafayette Square, Pine Bend & The Hamptons, and Bel Air. These properties are centered in Mobile’s affluent Midtown district, which boasts the MSA’s highest density of quality retail amenities and extreme proximity to Downtown and the Port of Mobile. Built in the 1970’s, The Mobile Midtown Portfolio offers a rare opportunity to place a considerable amount of capital into well-maintained REIT assets with proven upgrade potential.
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Mobile Midtown Portfolio (3 properties, 1,327 units)
Estates at Lafayette Square
675 Units
900 Downtowner Boulevard
Mobile, AL  36609
Closed: 7/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,327-unit Mobile Midtown Portfolio located in Mobile, Mobile County, AL. The portfolio is comprised of three of the city’s largest assets: Estates at Lafayette Square, Pine Bend & The Hamptons, and Bel Air. These properties are centered in Mobile’s affluent Midtown district, which boasts the MSA’s highest density of quality retail amenities and extreme proximity to Downtown and the Port of Mobile. Built in the 1970’s, The Mobile Midtown Portfolio offers a rare opportunity to place a considerable amount of capital into well-maintained REIT assets with proven upgrade potential.
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Mobile Midtown Portfolio (3 properties, 1,327 units)
Pine Bend & The Hamptons
452 Units
1030 Montlimar Drive
Mobile, AL  36609
Closed: 7/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Westwick, a 152-unit apartment community located in Biloxi, Harrison County MS. This asset is situated in the extremely stable Gulfport/Biloxi submarket. Built in 1984, this property represents an excellent opportunity to invest in a stable, cash flowing property with upside potential.
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Westwick
152 Units
258 Stennis Drive
Biloxi, MS  39531
Closed: 6/21/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Carrington Park apartment community located in Montgomery, Montgomery County, AL. This asset is situated in the growing submarket of Midtown Montgomery, offering unmatched access to both Downtown and East Montgomery and therefore contains a solid core of tenants seeking Class "A" living. Built in 2008, Carrington Park offers an outstanding opportunity to invest in a well-located asset that is poised for strong financial growth.
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Carrington Park
240 Units
2000 Central Parkway
Montgomery, AL  36106
Type:  Multifamily
Closed: 4/26/2017
Sold
Bridge Kroft
248 Units
4220 Strathmore Drive
Montgomery, AL  36116
Closed: 4/24/2017
Sold
Bedford Park
242 Units
3364 Fountain Lane
Montgomery, AL  36116
Type:  Multifamily
Closed: 4/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 59-unit Birmingham Loft Portfolio with specialty retail located in Birmingham, Jefferson County, AL. The subject assets, Fix Play Lofts and Goodall-Brown Lofts, are situated in the heart of Downtown Birmingham, which is currently experiencing an economic renaissance as demand and development focuses on urbanism and a live-work-play lifestyle for Millennials. Built in the early 1900’s and renovated in the early 2000’s, The Birmingham Loft Portfolio offers an outstanding opportunity to invest in two loft construction assets with improvable retail segments to further boost asset income.
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Birmingham Loft Portfolio (2 properties, 59 units)
Fix Play Lofts
23 Units
2300 1st Avenue North
Birmingham, AL  35203
Closed: 3/16/2017