The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Lakeside & Lakeview apartment community located in Valdosta, Lowndes County, Georgia. This portfolio is situated in the highly desirable Northeast sector, providing unmatched access to major economic drivers and top retail corridors including Publix, Starbucks, Target, and Home Depot. Built in 1973 & 1980, Lakeside & Lakeview represent an outstanding opportunity to invest in one of Valdosta’s top growth areas as well as a proven value-add story with current renovations achieving premiums of $100+, offering additional upside of $200 premiums with fully elevated units.
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Lakeside & Lakeview (2 properties, 216 units)
Lakeside
192 Units
1718 Northside Drive
Valdosta, GA  31602
Closed: 12/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Lakeside & Lakeview apartment community located in Valdosta, Lowndes County, Georgia. This portfolio is situated in the highly desirable Northeast sector, providing unmatched access to major economic drivers and top retail corridors including Publix, Starbucks, Target, and Home Depot. Built in 1973 & 1980, Lakeside & Lakeview represent an outstanding opportunity to invest in one of Valdosta’s top growth areas as well as a proven value-add story with current renovations achieving premiums of $100+, offering additional upside of $200 premiums with fully elevated units.
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Lakeside & Lakeview (2 properties, 216 units)
Lakeview
24 Units
1817 Northside Drive
Valdosta, GA  31602
Closed: 12/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Riverworks, a 306-unit luxury apartment community located in Savannah, GA. Riverworks represents a rare opportunity to acquire a high-quality, trophy asset anchored by the Savannah River and Savannah’s celebrated Historic District. Savannah’s exceptional job market and continued population growth will continue to support Riverworks as the premier asset. The property is strategically located in the $600M+ Eastern Wharf mixed-use development and will directly benefit from its curated retail, waterfront walkability, and immediate proximity to boutique restaurants and bars. Riverworks has proven its desirability through impressive leasing velocity of 35 net leases per month since June while raising market rents 7% in the same period.
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Riverworks
306 Units
301 Passage Way
Savannah, GA  31401
Type:  Multifamily
Closed: 12/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Village at Apison Pike, a 248- unit, 2015-built apartment community located in Ooltewah, TN. The community is situated in the rapidly expanding Ooltewah, a suburb of Chattanooga, located minutes from the Volkswagen 1,400 acre production facility, 1M SF Amazon distribution center, as well as several major retail corridors. Coupled with strong demographics and high demand for a quality asset, property performance has excelled as recent leases are currently achieving 20% higher than in-place rents while maintaining an average occupancy north of 95%.
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Village at Apison Pike
248 Units
8605 Tradewind Circle
Ooltewah, TN  37363
Type:  Multifamily
Closed: 12/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 232-unit Largo Pointe apartment community located in Savannah, Chatham County, Georgia. This asset is situated in the rapidly-expanding, Colonial Village Submarket of Savannah. Built in 1969, Largo Pointe represents outstanding opportunity to invest in an asset where renovations can potentially garner a 35% ROI after completion. Largo Pointe offers unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, fueling its recent population growth and rapidly rising incomes.
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Largo Pointe
232 Units
12409 Largo Drive
Savannah, GA  31419
Type:  Multifamily
Closed: 12/8/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Liberty Club, a 240-unit, 2020-built apartment community located in Hinesville, GA. Liberty Club is a high cash flowing asset with strong property performance that has seen continual rental increases since delivery at the beginning of 2020. Recent leases are achieving 30% higher than current in-place rents and are continuing to rise. As Hinesville residents continue to look for luxury, the demand for high quality assets coupled with the lack of recent multifamily developments has propelled such rental increase. In addition to strong property performance, Liberty Club is strategically located only 2 miles from Fort Stewart, walking distance from grocery and restaurants and minutes away from Hwy-84 providing quick access to Richmond Hill and Savannah.
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Liberty Club
240 Units
915 E General Stewart Way
Hinesville, GA  31313
Type:  Multifamily
Closed: 11/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 376-unit Greentree and Marsh Cove, located in Savannah, Chatham County, Georgia. Built in 1983-1984, the Portfolio represents an outstanding opportunity to invest in an asset with primarily classic units where a complete renovation program can potentially garner a 23% ROI after completion. The Portfolio’s unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, is fueling its recent population growth and rapidly rising incomes. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further adding to Savannah’s explosive development and job growth.
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Greentree & Marsh Cove (2 properties, 376 units)
Greentree
188 Units
10725 Abercorn Extension
Savannah, GA  31419
Type:  Multifamily
Closed: 11/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 376-unit Greentree and Marsh Cove, located in Savannah, Chatham County, Georgia. Built in 1983-1984, the Portfolio represents an outstanding opportunity to invest in an asset with primarily classic units where a complete renovation program can potentially garner a 23% ROI after completion. The Portfolio’s unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, is fueling its recent population growth and rapidly rising incomes. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further adding to Savannah’s explosive development and job growth.
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Greentree & Marsh Cove (2 properties, 376 units)
Marsh Cove
188 Units
11400 White Bluff Road
Savannah, GA  31419
Type:  Multifamily
Closed: 11/10/2021
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
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present The Baxly, a best-in-class apartment community located in Savannah, GA. Completed in 2020, the Baxly represents a rare opportunity to acquire a truly institutional asset in Downtown Savannah with waterfront walkability. This property is strategically positioned next to the newly re-developed Plan Riverside project in Downtown and boasts great visibility and convenient accessibility to nearly 40k jobs, boutique restaurants/bars, as well as the beaches on Tybee Island. The Baxly will directly benefit from Savannah’s continued population and job growth, as well as the constant economic investments into one of Georgia’s fastest growing and urbanizing nodes.
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The Baxly CONFIDENTIAL
275 Units
630 Indian Street
Savannah, GA  31401
Type:  Multifamily
Closed: 10/28/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Park Place apartment community located in St. Marys, Camden County, Georgia. This asset is situated along the Georgia Coast in Camden County, a thriving community 32 minutes north of Jacksonville, Florida, and included in the Jacksonville CSA. Park Place is situated near Kings Bay, a highly specialized and stable naval submarine military base that provides 9,000 jobs and a massive $1.1B impact to the region. Built in 1988, Park Place represents a unique opportunity to invest in a proven value-add asset receiving rent premiums of $180, with an ability to capture and garner a 47% ROI.
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Park Place
200 Units
11919 Colerain Road
St. Marys, GA  31558
Type:  Multifamily
Closed: 10/27/2021
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
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 Beaufont
312 Units
6839 Carnation Road
Richmond, VA  23225
Closed: 10/5/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 178-unit multi-asset portfolio located in Albany, Dougherty County, Georgia. The assets are strategically located in the desirable west side of Albany. Built in 1973/1972, Willow Wood & Lippitt represent an outstanding opportunity to invest in a value-add ready asset with significant return upside. The community is poised to benefit from several new jobs coming in the next 12 months, Phoebe Putney Health adding 350 new jobs in 2021 and Outdoor Network is investing $22 million and adding 92 new jobs into the community.
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Willow Wood & Lippitt (2 properties, 178 units)
Lippitt
40 Units
926 Lippitt Drive
Albany, GA  31701
Closed: 10/1/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 178-unit multi-asset portfolio located in Albany, Dougherty County, Georgia. The assets are strategically located in the desirable west side of Albany. Built in 1973/1972, Willow Wood & Lippitt represent an outstanding opportunity to invest in a value-add ready asset with significant return upside. The community is poised to benefit from several new jobs coming in the next 12 months, Phoebe Putney Health adding 350 new jobs in 2021 and Outdoor Network is investing $22 million and adding 92 new jobs into the community.
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Willow Wood & Lippitt (2 properties, 178 units)
Willow Wood
138 Units
2224 Habersham Rd
Albany, GA  31707
Closed: 10/1/2021
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 Bluff
216 Units
201 West Montgomery Cross Rd
Savannah, GA  31406
Type:  Multifamily
Closed: 9/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 115-unit Northlake apartment community, and the 159-unit Tanglewood apartment community, located in Warner Robins, Houston County, Georgia. The assets are situated strategically just north of major retail centers including Walmart Neighborhood Market, Home Depot, Lowe’s, TJ Maxx, Target, Kroger, and more. Built in 1967 and 1978, the portfolio represents an outstanding opportunity to invest in value-add ready assets in a superb submarket with strong growth indicators and market fundamentals, as Middle Georgia maintains its place as one of Georgia’s leading secondary markets.
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Northlake & Tanglewood (2 properties, 274 units)
Northlake
115 Units
310 Northlake Drive
Warner Robins, GA  31093
Closed: 9/24/2021
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 Oaks
184 Units
3200 Oakwood Village Lane
Atlanta, GA  30341
Type:  Multifamily
Closed: 9/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 115-unit Northlake apartment community, and the 159-unit Tanglewood apartment community, located in Warner Robins, Houston County, Georgia. The assets are situated strategically just north of major retail centers including Walmart Neighborhood Market, Home Depot, Lowe’s, TJ Maxx, Target, Kroger, and more. Built in 1967 and 1978, the portfolio represents an outstanding opportunity to invest in value-add ready assets in a superb submarket with strong growth indicators and market fundamentals, as Middle Georgia maintains its place as one of Georgia’s leading secondary markets.
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Northlake & Tanglewood (2 properties, 274 units)
Tanglewood
159 Units
1005 Elberta Road
Warner Robins, GA  31093
Closed: 9/24/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 197-unit multi-asset portfolio located in Warner Robins, Houston County, Georgia. The assets are situated strategically just 2 miles from Robins Air Force Base, which recently added 1,200 tech and cyber security related jobs to Warner Robins. Built during the early 60’s through mid- 80’s, Briardale and Brandon Court I & II represent an outstanding opportunity to invest in value-add ready assets in a superb submarket with strong growth indicators and market fundamentals, as Middle Georgia maintains its place as one of Georgia’s leading secondary markets.
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Warner Robins Value-Add Portfolio (2 properties, 197 units)
Brandon Court I & II
141 Units
2241 Moody Road
Warner Robins, GA  31088
Type:  Multifamily
Closed: 9/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 197-unit multi-asset portfolio located in Warner Robins, Houston County, Georgia. The assets are situated strategically just 2 miles from Robins Air Force Base, which recently added 1,200 tech and cyber security related jobs to Warner Robins. Built during the early 60’s through mid- 80’s, Briardale and Brandon Court I & II represent an outstanding opportunity to invest in value-add ready assets in a superb submarket with strong growth indicators and market fundamentals, as Middle Georgia maintains its place as one of Georgia’s leading secondary markets.
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Warner Robins Value-Add Portfolio (2 properties, 197 units)
Briardale
56 Units
308 Orchard Lane
Warner Robins, GA  31093
Type:  Multifamily
Closed: 9/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit LIVE Charlestowne & LIVE Cedar Grove apartment communities located in Augusta, Richmond County, Georgia. This portfolio is situated in south Augusta, close to major retail and restaurant corridors as well as immediate access, via I-520, to over 50K Downtown employment opportunities and 25K Fort Gordon jobs. Built in 1968 & 1971, respectively, LIVE Charlestowne & LIVE Cedar Grove represent an outstanding opportunity to invest in a proven value-add story with significant upside coupled with the ability to create synergies through economies of scale.
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LIVE Augusta Portfolio (2 properties, 246 units)
LIVE Cedar Grove
126 Units
526 Richmond Hill Road
Augusta, GA  30906
Type:  Multifamily
Closed: 8/20/2021