Sold
The Huntley
200 Units
100 Huntley Parkway
Pelham, AL  35124
Type:  Multifamily
Closed: 9/17/2018
Sold
The Kenzie
213 Units
4501 Old Caldwell Mill Road
Birmingham, AL  35242
Type:  Multifamily
Closed: 12/4/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Southeast Value-Add 4 Portfolio – four assets located in the desirable submarkets of Spartanburg, SC, Myrtle Beach, SC, Biloxi, MS, and Warner Robins, GA. The portfolio represents the opportunity to invest in strong quality assets across multiple southeastern states. Situated in bustling micro locations with premier access to major thoroughfares and jobs, these assets are poised for substantial growth through value-add strategies and market-backed rental upside.
...
Sold
Southeast Value-Add 4 Portfolio (4 properties, 784 units)
The Lexington
190 Units
2620 Lejuene Drive
Biloxi, MS  39531
Type:  Multifamily
Closed: 12/2/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,545-unit Gulf States 7 Portfolio spanning two different markets in Alabama and Mississippi. Comprised of 1,545 units, the Gulf States 7 Portfolio offers immediate scale throughout the Southeast, the nationwide leader in both rent and population growth. With 1,545 total units primed for value add upgrades, the next investor can add $2.5M+ to bottom-line NOI through interior value add. Built between 1972-1987, the Gulf States 7 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio with major value add potential.
...
Sold
Gulf States 7 Portfolio (8 properties, 1,951 units)
The Mark
144 Units
5701 East Shirley Lane
Montgomery, AL  36117
Closed: 2/18/2022
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 226-unit Corner Stone I & II apartment community, consisting of two well-located assets in Midtown Montgomery. Montgomery is producing solid economic growth, with nearly $580 Million invested and 2,700 direct new jobs since 2016. Residents in East Montgomery are afforded outstanding access to the area’s key economic drivers such as Eastdale Mall, AUM, and Baptist Health. Built in 1972/1999, both assets represent an outstanding opportunity to invest in highly-demanded units with value add potential.
...
Sold
Corner Stone I & II (2 properties, 226 units)
The Meadows (Corner Stone)
194 Units
2637 The Meadows
Montgomery, AL  36116
Type:  Multifamily
Closed: 7/10/2018
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Michael - 159 fully renovated, Class A units in the heart of Historic Downtown Mobile. Downtown has been truly transformed over the last 5 years and will continue to see an influx of jobs, capital, and residents migrating to the urban core. The Michael is a QOZ (qualified opportunity zone) asset which will provide future ownership with significant tax benefits. Current ownership has spent over $5.2M for full interior, exterior, and amenity renovations - now offering residents luxury finishes with modernized use of space while maintaining walkability to quality dining, shopping, and entertainment options. The Michael represents the rare opportunity to acquire heavily capitalized, well-located, turn-key asset far below replacement cost.
...
Sold
The Michael
159 Units
758 St. Michael Street
Mobile, AL  36602
Type:  Multifamily
Closed: 9/2/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Mills at 601 and Havenly Park Villas, 192-units located in the rapidly-expanding and sought-after submarket of Prattville, Alabama. Prattville has benefited from strong schools and its proximity to Alabama’s capital city, Montgomery. Both properties are in the 3-year run-off period of the LIHTC program and are poised to generate robust returns upon exit. Built between 1995-97, the properties present an outstanding opportunity to invest in value-add assets through LIHTC exit and strategic positioning within a budding submarket.
...
Sold
The Mills at 601 & Havenly Park Villas (2 properties, 192 units)
The Mills at 601
136 Units
601 McQueen Village Road
Prattville, AL  36066
Type:  Multifamily
Closed: 5/23/2019
Sold
The Moderne At Providence
300 Units
30 Gates Mill Street NW
Huntsville, AL  35806
Type:  Multifamily
Closed: 9/12/2018
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Moderne at Providence, a 300-unit, 2017-built apartment community located in the flourishing Providence District of Northwest Huntsville. Huntsville, arguably one of the hottest economic metros in the U.S., has added 12K+ jobs & $5B of capital investments since 2018. The area has experienced 9.7% annualized apartment rent growth in Q1 2020 following 6.2% in 2018 and 7.9% in 2019. The subject sits just north of Cummings Research Park within the Providence District, a high-end neighborhood centered around boutique retail, townhomes, and office space. Delivered in August 2017, The Moderne at Providence is a Class A asset primed for a targeted interior value add campaign which is projected to yield substantial rent premiums. The asset arrives to market with stellar historical performance and embedded organic rent growth. The subject’s quality construction, retail walkability, and connectivity to massive job cores will position future ownership to achieve profitable upward momentum.
...
Sold
The Moderne at Providence
300 Units
30 Gates Mill Street NW
Huntsville, AL  35806
Type:  Multifamily
Closed: 7/27/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the South Central 8 Portfolio - 1,362 units located in Jackson, TN, Bowling Green, KY, Horn Lake, MS, and Southaven, MS. Each asset is located within minutes of quality retail. With prime locations and stable cash flows, these eight assets offer an outstanding opportunity to invest in a proven value-add program and are poised for powerful future growth.
...
Sold
Centralized Southeast 8 (8 properties, 1,362 units)
The Oaks
100 Units
842 North Parkway
Jackson, TN  38305
Type:  Multifamily
Closed: 4/3/2019
Sold
Pensacola 495 (5 properties, 494 units)
The Oaks
37 Units
4435 Marlane Court
Pensacola, FL  32526
Closed: 9/9/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 429-unit Lakeshore Ridge and 192-unit Oaks of St. Clair apartment communities located in the Birmingham, AL MSA. The Birmingham MSA has added 50,000+ jobs since April 2020 and is ranked #2 in the US for the lowest unemployment contributing to explosive rent growth in each submarket. Each property arrives to market 99% occupied and lag comparable properties by $115-$300+ in effective rents, but current ownership has seen significant rental increases (8%-12%+), even before any upgrades. Built between 2002-2017 Lakeshore Ridge and The Oaks of St. Clair offer a rare opportunity to invest in high-performing, cash-flowing assets that have major market-backed value add potential that will create significant room for revenue growth and boost exit value for the next investor. Subject properties are offered as a portfolio and on an individual basis as a fee simple sale or recap opportunity.
...
Sold
Lakeshore Ridge & The Oaks of St. Clair (2 properties, 621 units)
The Oaks of St. Clair
192 Units
5050 Oaks of St. Clair Circle
Moody, AL  35004
Type:  Multifamily
Closed: 12/15/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Buckingham - 583 units located in Birmingham’s Homewood submarket, which is ranked #2 of Alabama’s top suburbs. Homewood maintains heavy restrictions on new multifamily development, resulting in zero under-construction units and less than 750 delivered units over the past 10 years. Residents at the subject property are afforded easy access to dense cores of quality jobs and upper echelon retail options. Constructed in 1972, The Park at Buckingham features substantial, untapped value add upside within the premier suburban district of Homewood.
...
Sold
The Park at Buckingham
583 Units
114 Aspen Circle
Birmingham, AL  35209
Type:  Multifamily
Closed: 4/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Callington and The Park at Carlyle, 1,233-units located in Birmingham, AL. This community is conveniently located less than 3 miles from a resurging downtown Birmingham and easily accessible to the state’s largest employers, entertainment districts, and demand drivers. The next investor will benefit from efficient property management and by taking advantage of economies of scale to enhance overall returns. Built between 1973-78, the properties present an outstanding opportunity to invest in value-add assets strategically positioned within a budding market.
...
Sold
The Park at Callington & Carlyle (2 properties, 1,233 units)
The Park at Callington
604 Units
700 Aspen Drive
Birmingham, AL  35209
Type:  Multifamily
Closed: 4/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Callington and The Park at Carlyle, 1,233-units located in Birmingham, AL. This community is conveniently located less than 3 miles from a resurging downtown Birmingham and easily accessible to the state’s largest employers, entertainment districts, and demand drivers. The next investor will benefit from efficient property management and by taking advantage of economies of scale to enhance overall returns. Built between 1973-78, the properties present an outstanding opportunity to invest in value-add assets strategically positioned within a budding market.
...
Sold
The Park at Callington & Carlyle (2 properties, 1,233 units)
The Park at Carlyle
629 Units
200 Robert Jemison Drive
Birmingham, AL  35209
Type:  Multifamily
Closed: 4/26/2019
Sold
The Park at Deerfield
320 Units
3627 Cedarbrook Drive
Hoover, AL  35216
Type:  Multifamily
Closed: 7/13/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Wakefield & Wellington, 408 units located in Hoover, AL, the highly desirable suburb of Birmingham. Birmingham, Alabama is experiencing significant momentum with 2019 being a record year for job creation followed by 30,000+ new jobs added since the start of the pandemic. Hoover is ranked the 4th best place to live in Alabama (Niche, 2020), boasting a highly ranked school system, affluent demographics ($106K average HHI 2-mile radius), and heavy barriers to entry for multifamily. Delivered in 1973, the property presents a rare opportunity to invest in a cash flowing, value add asset in a highly desirable submarket.
...
Sold
The Park at Wakefield & Wellington
408 Units
861 Tyler Circle
Hoover, AL  35226
Closed: 5/26/2021
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.
...
Sold
The Park on 23rd
98 Units
1103 23rd Street N
Pell City, AL  35125
Closed: 1/18/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Park on 23rd, 98 units located in Pell City, Alabama (Birmingham MSA) which has the nation’s second lowest unemployment rate according to the Wall Street Journal and 60K+ jobs added since April 2020. The asset is situated 0.5 miles off of I-20 and only a mile from downtown Pell City, a rapidly growing submarket in the Birmingham MSA with YoY rent growth of 12%+ during 2021.This asset’s location puts it 15 minutes from the Honda vehicle assembly plant in Lincoln, AL (4,500+ jobs). Built in 1992, The Park at 23rd represents an outstanding opportunity to invest in a cash flowing asset with strong submarket fundamentals.
...
Sold
The Park on 23rd
98 Units
1103 23rd Street N
Pell City, AL  35125
Closed: 6/17/2022
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
...
Sold
Mobile5 Portfolio (5 properties, 2,013 units)
The Pathways
244 Units
2656 Pathway Place
Mobile, AL  36606
Type:  Multifamily
Closed: 7/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Pavilion, an 88-unit apartment community located in Hanceville, Cullman County, AL. The city of Cullman has consistently been highly-ranked with regards to business expansion/retention, quality of life, and education. This asset features solid collections figures, excellent historical occupancy, and room to push rents and revenue via value add. Built in 1994, The Pavilion represents an outstanding opportunity to invest in a high-growth asset within a limited supply submarket.
...
Sold
The Pavilion
88 Units
401 College Drive NE
Hanceville, AL  35077
Closed: 8/27/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Pavilion I & II a 142-unit apartment community located in Hanceville, AL. This asset lies just south of the city of Cullman and is the only multifamily asset within walking distance of Wallace State CC (7,000+ students). Cullman has been consistently been highly ranked with regards to business expansion/retention, quality of life, and education. Built in 1994 / 2000, Pavilion I & II offers an outstanding opportunity to invest in a high-growth asset within a limited supply market.
...
Sold
The Pavilion I & II
142 Units
401 College Drive NE
Hanceville, AL  35077
Closed: 8/17/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Point at Fairview – 192 units located in Prattville, AL, a highly desirable suburb of Montgomery. Prattville has proven-out excellent economic progress in recent years as a result of its 55% population growth since 2000. Constructed in two phases, this brick and vinyl asset offers residents immediate access to Prattville’s top-ranked public schools, major employers (Maxwell Air Force Base, Hyundai Manufacturing Corp, International Paper, and James Hardie’s new $220M plant) and to the city’s major retail corridor. Current ownership is achieving up to $85 premiums on upgraded units with room for further upgrades. The Point at Fairview offers the next investor a cash flowing asset with the opportunity to capture additional income through the expansion of in place value-add initiatives.
...
Sold
The Point at Fairview
192 Units
669 Covered Bridge Parkway
Prattville, AL  36066
Type:  Multifamily
Closed: 4/29/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 184-unit The Preserve apartment community in Branson, MO. Branson is located 40 minutes from Springfield hosting 9M tourists annually and crested 10M for the first time in 2021 demonstrating its resiliency as an entertainment destination. Arriving to market with a 98% average T12 occupancy and a fixed all-in 2.65% Interest Rate until 2061, The Preserve is an opportunity to capitalize on in-place trends and increase rents to market via unit interior renovations + recognize LTL created from recent market rent increases.
...
Sold
The Preserve
184 Units
164 Preserve Drive
Branson, MO  65616
Closed: 2/29/2024