The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Uptown Terrace, a 260-unit, 2021-built apartment community with 28,075 SF of commercial space located in the booming Northwest Arkansas MSA. The property is situated in prestigious Pinnacle submarket of Rogers, Arkansas, which has experienced 13.5%+ YoY market rent growth and offers residents quick access to major employers, retail vendors, community amenities and outdoor recreation. Northwest Arkansas is home to Walmart, which is currently constructing its new Global Headquarters, as well as 2 other fortune 500 companies, each within a 15-mile radius. Uptown Terrace is now 95%+ occupied following a tremendous leasing season that averaged 26+ units/month velocity from January 2022- May 2022. The property offers the next investor unmatched amenities and finishes in the marketplace and has maintained excellent rental growth throughout lease-up offering substantial value add upside by pushing 2nd generation leases.
...
Sold
Uptown Terrace
260 Units
4600 S Pinnacle Hills Pkwy
Rogers, AR  72758
Closed: 7/27/2023
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Timberfalls apartment community located in the expanding Birmingham, Alabama area. This asset is situated in close proximity to all employment and community amenities in the Birmingham Metro. Built in 1979, this well maintained property represents an outstanding opportunity to invest in a densely occupied asset with unparalleled convenience to an array of Birmingham hot spots.
...
Sold
Valley Crest
176 Units
316 Beacon Crest Lane
Birmingham, AL  35209
Type:  Multifamily
Closed: 8/7/2018
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Valley Crest apartment community located in Birmingham, Alabama. The asset is nestled in-between Downtown Birmingham and affluent municipalities of Homewood and Vestavia Hills with close-proximity to all employment and community amenities in the Birmingham Metro. Built in 1979, this well-maintained property represents an outstanding opportunity to invest in a densely occupied asset with a proven value add strategy and unparalleled convenience to an array of Birmingham hot spots.
...
Sold
Valley Crest
176 Units
316 Beacon Crest Lane
Birmingham, AL  35209
Type:  Multifamily
Closed: 6/21/2021
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)
Van Mark
300 Units
6811 Old Canton Road
Ridgeland, MS  39157
Closed: 12/30/2021
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.
...
Sold
Vestavia Reserve
272 Units
2300 Reserve Trail
Vestavia Hills, AL  35243
Type:  Multifamily
Closed: 11/9/2018
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Villa Glen and Heritage Place, a 244-unit portfolio located in Birmingham, AL and Meridian, MS. Birmingham is an economic powerhouse and has experienced 34,000+ new jobs and $2.5B+ in capital investments over the past 3 years. Both assets are situated near the growing I-20/I-59 Corridor, two of the Southeast’s most travelled interstates. Built between 1968-2000, Villa Glen and Heritage Place represent an outstanding opportunity to invest in a cash-flowing portfolio with value add upside.
...
Sold
Villa Glen & Heritage Place (2 properties, 244 units)
Villa Glen
116 Units
900 Division Street
Bessemer, AL  35020
Closed: 7/6/2021
Sold
Village at the Gateway Phase 1A
135 Units
12506 Vimy Ridge Road
Alexander, AR  72202
Closed: 12/17/2020
Sold
Village at the Gateway Phase 1b
110 Units
12506 Vimy Ridge Road
Alexander, AR  72202
Closed: 5/12/2021
Sold
Village at the Gateway Phase 2
54 Units
12506 Vimy Ridge Road
Alexander, AR  72202
Closed: 5/6/2021
Sold
Village at Westland Cove
240 Units
9635 Westland Cove Way
Knoxville, TN  37922
Closed: 10/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
...
Sold
Arkansas 360 Portfolio (5 properties, 360 units)
Village Meadows
40 Units
9801 Meandering Way
Fort Smith, AR  72903
Closed: 7/6/2022
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)
Villas at Lawson Creek
202 Units
9159 Asheville Highway
Boiling Springs, SC  29316
Type:  Multifamily
Closed: 12/3/2020
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.
...
Sold
Dothan 5 Portfolio (5 properties, 260 units)
Virginia Terrace
30 Units
107 Virginia Drive
Dothan, AL  36301
Type:  Multifamily
Closed: 3/12/2020
Sold
Dothan 262 Portfolio (5 properties, 262 units)
Virginia Terrace
31 Units
107 Virginia Drive
Dothan, AL  36301
Type:  Multifamily
Closed: 6/9/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Watermark at Bridge Street Town Centre, a Thompson Thrift Company. The property offers 244 Class A+ units located in the rapidly expanding city of Huntsville, AL. Huntsville, arguably one of the hottest economic metros in the U.S., has added 12K+ jobs & $5B of capital investments since 2018. Embedded within the Bridge Street Town Centre development, the subject offers walkability to 550K+ SF of Class "A" retail & office space. The asset is adjacent to Cummings Research Park, the 4th largest research park in the world, which is home to 300+ companies & 27K+ jobs. Delivered in March 2019, Watermark is the pinnacle of new residential design, featuring designer finishes & state-of-the-art amenities. The asset has proven out excellent lease-up velocity & is primed to capture substantial organic rent growth through second-generation leasing. The subject’s quality construction, retail walkability, and connectivity to massive job cores will position future ownership to achieve profitable upward momentum.
...
Sold
Watermark at Bridge Street
244 Units
6854 Governors West NW
Huntsville, AL  35806
Closed: 7/9/2020
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.
...
Sold
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.
...
Sold
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 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.
...
Sold
Westwick
152 Units
258 Stennis Drive
Biloxi, MS  39531
Closed: 6/21/2017
Sold
Admiral Pointe & Westwood Landing (2 properties, 228 units)
Westwood Landing
96 Units
1665 Dogwood Drive
Pensacola, FL  32505
Type:  Multifamily
Closed: 12/22/2021
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.
...
Sold
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 Willow Point, 440 units located in Jackson, MS. This well demanded asset sits approximately 10 miles north of the capital city of Downtown Jackson. Willow Point exited its LIHTC program in October 2018 and has proven out outstanding collections growth in recent months as the remaining affordable units turn to full market rates. Originally constructed in 1994 / 1997 under the LIHTC program, Willow Point represents an outstanding opportunity to acquire an asset with significant upside in rental revenue at an attractive basis.
...
Sold
Willow Point
440 Units
759 Glencross Drive
Jackson, MS  39206
Type:  Multifamily
Closed: 9/23/2019
Sold
AL 218 Portfolio (4 properties, 218 units)
Windscape
84 Units
2220 Windscape Drive
Athens, AL  35611
Closed: 10/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Spring Lake & Windsor Lake, 528 units located in the Byram and Brandon submarkets of Jackson, Mississippi. Each property benefits from quick access to Jackson area jobs and downtown. Downtown offers residents close proximity to quality retail, schools, and entertainment options. The 528-unit portfolio, built in 1998/2001, arrives to market with stellar performance trends, immediate space to push rental rates, and significant value add upside.
...
Sold
Spring Lake & Windsor Lake (2 properties, 528 units)
Windsor Lake
274 Units
100 Windsor Lake Blvd
Brandon, MS  39042
Closed: 2/4/2021
Sold
Windsor Park
279 Units
5425 Clinton Boulevard
Jackson, MS  39209
Type:  Multifamily
Closed: 8/15/2019