The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 292-unit The Park apartment community located in Columbia, SC. This asset is situated in the highly sought-after Dutch Fork submarket, characterized by its young and affluent demographic base with 62% white-collar employment, high renter occupied population (61%), exceptional projected rent growth of 20% through 2026, and a dwindling multifamily development pipeline. Built in 1975, The Park represents an outstanding opportunity for new ownership to implement a value-add 2.0 campaign to align the property with features that rival submarket competitors to achieve premiums up to $214.
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The Park
292 Units
1601 Longcreek Drive
Columbia, SC  29210
Type:  Multifamily
Closed: 2/24/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Oak Hollow apartment community located in Rock Hill, SC. Built in 1970, the property is situated adjacent to one of the area’s most popular retail and entertainment hubs, Knowledge Park. Rock Hill has emerged as a location of choice for global investment in advanced manufacturing and distribution, serving as a key driver for some of the strongest rent gains in the metro. The growing demand of the submarket paired with muted supply poises the property for consistent returns, with an opportunity to boost NOI through implementation of a value-add 2.0 initiative.
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Oak Hollow
70 Units
810 Finley Road
Rock Hill, SC  29730
Type:  Multifamily
Closed: 2/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 34-unit NOMA Flats apartment community located in Richland County, Columbia, South Carolina. This asset is situated in the rapidly expanding Elmwood Park neighborhood within the Central Columbia/University submarket. This historic community is known as “Columbia’s Front Porch”, characterized by strong projected rent growth (12.6%), steadily growing HHI (13.5%), and predominately white-collar employment (71%). Built in 1970, NOMA Flats represents an outstanding opportunity to invest in a vibrant and notable community. With 8 units fully renovated, new ownership is provided a value-add opportunity to upgrade the remaining 26 (75%) to the same finish level and commands average premiums of $155.
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NOMA Flats
34 Units
2637 River Drive
Columbia, SC  29201
Type:  Multifamily
Closed: 2/10/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 464-unit Pine Crest apartment community located in North Charleston, SC. The 42-acre site is strategically located near the eclectic neighborhood of Park Circle, offering varied dining and entertainment options, as well as the evolving Charleston Navy Base & Shipyard and easy access to I-26. As one of the few workforce housing assets in the Park Circle submarket, Pine Crest has ideal access to multiple large employers and variety among employment options. Built in 1945 and situated on 42 acres, Pine Crest offers an outstanding opportunity to invest in a value-add proposition that is strongly supported by large rent deltas with rent comparables in the market. In addition to the value-add opportunity, investors will be able to acquire 42 favorably-located acres in a dynamic and growing submarket, expected to only improve with the projected transformative construction and reuse projects planned and currently underway in the area.
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Pine Crest
464 Units
1920 McMillan Ave
North Charleston, SC  29405
Type:  Multifamily
Closed: 1/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 312-unit, Latitude at West Ashley. The property, built in 1968 and 1973, is located in the heart of West Ashley, one of Charleston’s fastest growing submarkets, just minutes from Downtown Charleston and other major employment centers. Latitude at West Ashely is positioned off Sam Rittenberg Blvd and is set to continue pulling from a demographic defined by disposable income with white collar jobs. Current ownership has spent a significant amount of targeted capital infusion on the exterior and amenities, allowing the new buyer to focus on interior upgrades. Latitude at West Ashley offers new ownership the opportunity to complete and enhance the in-place value-add program to bridge the $360 avg rent gap from market competitors.
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Latitude at West Ashley
312 Units
1735 Ashley Hall Road
Charleston, SC  29407
Type:  Multifamily
Closed: 12/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the completely repositioned 97-unit Terrain at Haywood apartment community located in the bustling Greenville metro area. Terrain at Haywood is situated in a desirable pocket of Greenville characterized by its young, affluent and educated demographic base as avg. HHI’s are north of $83k with a 66% white collar population and 46% have obtained a bachelor’s degree or higher. Along with being located in the highly coveted Greenville County School District, the property is also surrounded by an abundance of high-end retail (Haywood Mall & Magnolia Point) and jobs, including 4 of Greenville County’s largest employers within a 5-mile radius. Built in 1983 and repositioned in 2018, Terrain at Haywood has undergone major renovations to both the interior and exterior ($2M+) as all units have been renovated with top-of market finishes and all common areas and amenity spaces have been thoughtfully curated and detailed with modern touches.
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Terrain at Haywood
97 Units
48 McPrice Court
Greenville, SC  29615
Type:  Multifamily
Closed: 12/29/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Gates at Summerville, a 232-unit apartment community located in bustling Summerville, South Carolina. This asset sits immersed in one of the most desirable submarkets in Charleston. With 66% white collar population, an avg. HHI set to eclipse $105k in 2025, access to the #1 school district, and in close to proximity to major employment nodes, Gates at Summerville is primed to benefit from this windfall. Built in 1979, this property provides investors with the opportunity to acquire a well maintained asset primed for a strategic value add program. Through a $9,200/unit renovation focused on interior revitalization and the addition of washers/ dryers new ownership can command monthly rent premiums in excess of $280. This represents a 26% return on investment.
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Gates at Summerville
232 Units
1225 Boone Hill Road
Summerville, SC  29483
Type:  Multifamily
Closed: 12/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 256-unit Dwell at Greenridge apartment community located in the prestigious submarket of North Charleston, SC. This asset is situated in a highly sought-after area, perfectly located between Charleston and two of South Carolina’s largest manufacturers (Boeing and Volvo), boasting over 35k+ jobs within 3 miles and unmatched lifestyle amenities, including direct access to top tier retail and the Charleston International Airport. Built in 1980, Dwell at Greenridge represents an outstanding opportunity to invest in a high growth southeastern market benefiting from proximity of top employers, sizable tourism, and local pricing, while offering an unprecedented value add opportunity commanding average premiums of $209.
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Dwell at Greenridge
256 Units
7910 Crossroads Drive
North Charleston, SC  29406
Type:  Multifamily
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 667-unit KRC Columbia Value-Add 4 Portfolio, which can be acquired together or individually. Located in three of Columbia’s most prestigious submarkets, Wildewood, Dutch Fork, and Lexington, the assets are situated in highly sought-after submarkets with immediate access to top tier retail, Downtown Columbia and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through four attractive assets that are poised for substantial growth through value-add strategies and market-backed rental upside.
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Columbia KRC 4 Portfolio (4 properties, 667 units)
KRC Foxfire
200 Units
408 Foxfire Drive
Columbia, SC  29212
Type:  Multifamily
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 667-unit KRC Columbia Value-Add 4 Portfolio, which can be acquired together or individually. Located in three of Columbia’s most prestigious submarkets, Wildewood, Dutch Fork, and Lexington, the assets are situated in highly sought-after submarkets with immediate access to top tier retail, Downtown Columbia and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through four attractive assets that are poised for substantial growth through value-add strategies and market-backed rental upside.
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Columbia KRC 4 Portfolio (4 properties, 667 units)
KRC Quail Hollow
215 Units
2700 Feather Run Trail
West Columbia, SC  29169
Type:  Multifamily
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 667-unit KRC Columbia Value-Add 4 Portfolio, which can be acquired together or individually. Located in three of Columbia’s most prestigious submarkets, Wildewood, Dutch Fork, and Lexington, the assets are situated in highly sought-after submarkets with immediate access to top tier retail, Downtown Columbia and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through four attractive assets that are poised for substantial growth through value-add strategies and market-backed rental upside.
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Columbia KRC 4 Portfolio (4 properties, 667 units)
KRC West Winds
100 Units
105 Hillpine Road
Columbia, SC  29212
Type:  Multifamily
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 667-unit KRC Columbia Value-Add 4 Portfolio, which can be acquired together or individually. Located in three of Columbia’s most prestigious submarkets, Wildewood, Dutch Fork, and Lexington, the assets are situated in highly sought-after submarkets with immediate access to top tier retail, Downtown Columbia and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through four attractive assets that are poised for substantial growth through value-add strategies and market-backed rental upside.
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Columbia KRC 4 Portfolio (4 properties, 667 units)
KRC Wildewood
152 Units
127 Sparkleberry Lane
Columbia, SC  29223
Type:  Multifamily
Closed: 12/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 172-unit Orchard Park apartment community located in burgeoning Greenville, SC. This asset is positioned in the heart of a market emerging as a national powerhouse, providing ease of access to Greenville’s largest employment nodes including the Prisma Health Patewood Hospital campus and major retail in the Haywood Mall. Situated in the affluent and educated North Greenville submarket, Orchard Park benefits from impressive surrounding fundamentals as 3-mile demographics boast high avg. HHI’s ($82k+), 67% of people work a white-collar job and rent growth is projected to rise 13% by 2026. On the heels of an extensive exterior renovation, new ownership is presented the opportunity to continue the in-place Class-A renovation scope on the remaining 68 units (40%) achieving premiums up to $194 over classic units.
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Orchard Park
172 Units
49 Orchard Park Drive
Greenville, SC  29615
Type:  Multifamily
Closed: 12/16/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Willowbrook apartment community located just outside of one of the nation’s fastest emerging primary markets in Greenville, SC. This asset is situated in the highly affluent and educated South Greenville submarket as average household incomes are projected to soar to almost $104k by 2025 with 72% of the population working white collar jobs and 44% obtaining a bachelor’s degree or higher. Built in 2000, Willowbrook arrives to market with 72 units (50%) renovated with class-a features achieving premiums up to $224 paving the way for new ownership to finish out the successful renovation campaign currently in place.
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Willowbrook
144 Units
130 Willow Forks Drive
Simpsonville, SC  29681
Type:  Multifamily
Closed: 12/16/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 168-unit Granby Crossing apartment community located along the Congaree River in bustling Cayce, SC. The property is situated across the river from the rapidly expanding downtown, Columbia, characterized by its young and affluent demographic base with a 61% white collar population, high HHI growth (14%), and exceptional projected rent growth (19%) through 2026. Located in Lexington County, the property is also surrounded by an abundance of outdoor recreational opportunities, including waterfront activities and an outdoor amphitheater, and a surplus of jobs less than a mile away in downtown. Still under the same ownership as when built in 1990, Granby Crossing represents a unique investment opportunity to complete Class A renovations on all units and command average premiums of $276, aligning the asset with top submarket competitors.
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Granby Crossing
168 Units
100 Granby Crossing
Cayce, SC  29033
Type:  Multifamily
Closed: 12/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 100-unit Beldon Spring Lake apartment community located in Columbia, SC. This asset is situated in the resilient state capital of South Carolina characterized by steady employment industries and abundant access to jobs and is further enhanced by strong multifamily market fundamentals. Built in 1973, Beldon Spring Lake offers an outstanding opportunity to invest in a solid asset in the East Columbia submarket which boasts high average HHI’s ($77k+) and white-collar employment (67%) with the potential to continue the in-place value-add program and renovate 90 units (90%) to achieve premiums up to $150.
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Beldon Spring Lake
100 Units
3611 Ranch Road
Columbia, SC  29206
Type:  Multifamily
Closed: 11/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM Mount Pleasant
240 Units
1054 Anna Knapp Boulevard
Mt. Pleasant, SC  29464
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM North Charleston
192 Units
2225 Greenridge Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM St. Ives
248 Units
7930 St. Ives Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the Sterling 7 Southeast Portfolio - 7 assets totaling 1,624 units, located in the desirable submarkets of Atlanta, GA, Savannah, GA, Greenville, SC, Raleigh, NC, and Richmond, VA. The portfolio represents a significant value creation opportunity to invest in strong quality assets where significant Capex has already been invested. Situated in bustling micro locations across high-growth Southeastern states, these assets are poised for substantial growth with unparalleled access to a plethora of jobs and seamless connectivity to major thoroughfares. Built in 1964-1986, the Sterling 7 Southeast Portfolio presents an excellent value-add framework to build upon.
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Sterling 7 Southeast Portfolio (7 properties, 1,624 units)
Sterling Collier Hills
120 Units
1760 Northside Drive
Atlanta, GA  30318
Type:  Multifamily
Closed: 11/3/2021
The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the Sterling 7 Southeast Portfolio - 7 assets totaling 1,624 units, located in the desirable submarkets of Atlanta, GA, Savannah, GA, Greenville, SC, Raleigh, NC, and Richmond, VA. The portfolio represents a significant value creation opportunity to invest in strong quality assets where significant Capex has already been invested. Situated in bustling micro locations across high-growth Southeastern states, these assets are poised for substantial growth with unparalleled access to a plethora of jobs and seamless connectivity to major thoroughfares. Built in 1964-1986, the Sterling 7 Southeast Portfolio presents an excellent value-add framework to build upon.
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Sterling 7 Southeast Portfolio (7 properties, 1,624 units)
Sterling Glenwood
254 Units
3939 Glenwood Avenue
Raleigh, NC  27612
Type:  Multifamily
Closed: 10/29/2021
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present The Morris at Belmont, a proposed 322-unit apartment community development project located in Belmont, NC. The property will be ideally situated in the burgeoning city of Belmont, which is located only 20 minutes from Uptown Charlotte and has nearby proximity to Charlotte’s U.S. National Whitewater Center, Charlotte Douglas International Airport, and access to key job centers, which includes not only the new 2.5M SF Amazon facility and the Water Ridge Office Park, but also Charlotte’s integral employment nodes. In addition, the property will benefit from the proposed expansion of Charlotte’s LYNX Light Rail, which would be within walking distance of the property, as well as a Greenway Initiative that would deliver with the project, allowing for expanded pedestrian space and greenways in Belmont. The property will represent a best-in-class asset for the Belmont submarket with premier amenities and curated, luxury unit features. The Morris at Belmont offers an outstanding opportunity to invest in a new development opportunity for Class A institutional-quality product in one of Charlotte’s up-and-coming submarkets.
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The Morris at Belmont (Equity Raise)
322 Units
6900 Wilkinson Boulevard
Belmont, NC  28012
Type:  Multifamily
Closed: 10/22/2021
The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the Sterling 7 Southeast Portfolio - 7 assets totaling 1,624 units, located in the desirable submarkets of Atlanta, GA, Savannah, GA, Greenville, SC, Raleigh, NC, and Richmond, VA. The portfolio represents a significant value creation opportunity to invest in strong quality assets where significant Capex has already been invested. Situated in bustling micro locations across high-growth Southeastern states, these assets are poised for substantial growth with unparalleled access to a plethora of jobs and seamless connectivity to major thoroughfares. Built in 1964-1986, the Sterling 7 Southeast Portfolio presents an excellent value-add framework to build upon.
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Sterling 7 Southeast Portfolio (7 properties, 1,624 units)
Sterling Pelham
422 Units
230 Pelham Road
Greenville, SC  29615
Type:  Multifamily
Closed: 10/21/2021
The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the Sterling 7 Southeast Portfolio - 7 assets totaling 1,624 units, located in the desirable submarkets of Atlanta, GA, Savannah, GA, Greenville, SC, Raleigh, NC, and Richmond, VA. The portfolio represents a significant value creation opportunity to invest in strong quality assets where significant Capex has already been invested. Situated in bustling micro locations across high-growth Southeastern states, these assets are poised for substantial growth with unparalleled access to a plethora of jobs and seamless connectivity to major thoroughfares. Built in 1964-1986, the Sterling 7 Southeast Portfolio presents an excellent value-add framework to build upon.
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Sterling 7 Southeast Portfolio (7 properties, 1,624 units)
Sterling Westchester
116 Units
300 Pelham Road
Greenville, SC  29615
Type:  Multifamily
Closed: 10/21/2021