The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ansley at Town Center, a 358-unit apartment community located in the affluent submarket of Evans, Columbia County, Georgia. Built in 2009 and 2012, Ansley at Town Center offers an opportunity to invest in a unique asset that combines scale, a desirable townhome & garden style hybrid, open-concept floor plans, and proven value-add. New ownership can continue a recent injection of $3.3M+ in property improvement to provide quality product for the Columbia County market with unmatched access to jobs, retail, top incomes, and best-in-market school district. Augusta’s booming economy is supported by robust market fundamentals and recent job announcements that include Solvay Specialty Polymers, the $2B renovation of Fort Gordon, and new Savannah River Nuclear Solutions construction with 2,500+ trade workers expected.
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Ansley at Town Center
358 Units
1000 Alder Way
Evans, GA  30809
Type:  Multifamily
Closed: 10/30/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Spanish Mission, the 150-unit apartment community located in Valdosta, Lowndes County, Georgia . This asset is located in the thriving and desirable North Valdosta submarket, bolstered by population growth, high income households and home prices, and ease of access to major employers (South Georgia Medical, Valdosta State University, and Moody's Air Force Base) along with top retail. Built in 1973, Spanish Mission offers an outstanding opportunity to invest in a well-maintained property with $1.5M+ spent on interior and exterior capital expenditures in a growing Valdosta economy.
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Spanish Mission
150 Units
422 Connell Road
Valdosta, GA  31602
Type:  Multifamily
Closed: 10/26/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 147-unit Castlegate Windsor Park apartment community located in Columbus, Muscogee County, Georgia. This asset is situated in the desirable North Columbus suburb, surrounded by the metro's primary retail corridor and job centers. Built in 1972 & 1980, Castlegate Windsor Park represents an outstanding opportunity for great upside through a significant value-add program. With 94% classic units, new ownership has the opportunity to boost rents $160 over strong recent leasing performance, garnering an expected 18% ROI.
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Castlegate Windsor Park
147 Units
3700 Bridgewater Road
Columbus, GA  31909
Type:  Multifamily
Closed: 9/28/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Bradley Pointe, a 144-unit, 2004-built apartment community located in the Georgetown submarket of Savannah, sporting top demographics and high barriers to entry. Bradley Pointe represents an opportunity to complete the repositioning of an asset with massive unrealized potential in the Georgetown submarket. In addition to exiting LIHTC compliance, Bradley Pointe has completed light renovations on 92% of units, earning $175 premiums over the remaining classic units. By elevating the renovation plan and introducing traditional market elements to the property, new ownership can complete Bradley Pointe’s transition into a full market product and and push rents an additional $250+, as Georgetown and Savannah continue to see some of the top job growth in the nation.
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Bradley Pointe
144 Units
1355 Bradley Boulevard
Savannah, GA  31419
Type:  Multifamily
Closed: 9/8/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Retreat at Savannah, the 112-unit apartment community located in Savannah, Chatham County, Georgia. This asset is located directly off Victory Drive which includes top-line retail and Grayson Stadium which is the home of the Savannah Bananas. Built in 1980, Retreat at Savannah represents an outstanding opportunity to invest in a proven value-add property seeing $200 rent premiums with additional $105+ premiums by completing the renovation throughout. This opportunity is bolstered by 16K+ recent job announcements in the area, including Gulfstream (1,600) and a new Hyundai EV plant (8,100), the latter of the two being the largest economic development project in Georgia history.
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Retreat at Savannah
112 Units
2323 Downing Avenue
Savannah, GA  31404
Type:  Multifamily
Closed: 9/8/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Drayton Tower, a 99-unit luxury apartment community with street-level retail located in Savannah, Georgia. Built in 1951 and renovated in 2013, Drayton Tower is a high-octane asset in the heart of Historic Savannah, boasting thoughtful modern finishes and captivating views. This property is strategically positioned next to high-end retail, several major mixed used developments, great proximity to SCAD, and holds irreplaceable visibility as the tallest multifamily asset in Downtown Savannah. Drayton Tower provides elite access to nearly 40K jobs, boutique restaurants/bars, and the beaches of Tybee Island. As one of Savannah’s premier multifamily assets, Drayton Tower will benefit from the continued population and job growth of Georgia’s fastest growing city, outranking neighboring east-coast markets. The recently announced Bryan County Hyundai plant and Amazon fulfilment center at the Pooler Mega-Site are expected to bring a combined 9K+ jobs for the Savannah area, further adding to the city’s explosive development. Drayton Tower offers attractive assumable debt, providing two remaining interest-only years at a 4.10% interest rate on $23.7MM in principal.
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Drayton Tower
99 Units
102 East Liberty Street
Savannah, GA  31401
Type:  Multifamily
Closed: 8/16/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 114-unit Arden Place apartment community located in Warner Robins, Houston County, Georgia. This asset is situated strategically northeast of major retail centers including Target, Walmart Neighborhood Market, Home Depot, Lowe’s, and Kroger, and just west of Robins Airforce Base. Built in 1983, Arden Place represents an outstanding opportunity to invest in a proven value-add asset achieving rent premiums of $250 on renovated units. The community is situated in the rapidly-expanding area of Watson Boulevard 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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Arden Place
114 Units
835 Johnson Road
Warner Robins, GA  31093
Type:  Multifamily
Closed: 6/20/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 250-unit Thomaston Crossing apartment community located in Macon, Bibb County, Georgia. This asset is situated in rapidly-expanding northwest area of Macon. Built in 2014, Thomaston Crossing offers an outstanding opportunity to invest in very desirable product in high growth location with immediate access to major employers. Additionally, the property has the ability to increase rents significantly through both value-add and second generation leases, allowing for strong upside day one.
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Thomaston Crossing
250 Units
5744 Thomaston Road
Macon, GA  31220
Type:  Multifamily
Closed: 10/20/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Hawthorne at the Crest apartment community located in Ooltewah, Hamilton County, Tennessee. A high growth suburb in Chattanooga, Ooltewah is minutes away from the 1,400 acre Volkswagen production facility, 1M SF Amazon distribution center, as well as several major retail corridors. With the completion of construction in July 2022, Hawthorne at the Crest is set to excel through the combination of strong demographics and demand for quality product. It's completion coincides perfectly with Volkswagen's April 2022 announcement of 1,000 additional jobs being added to its Chattanooga factory.
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Hawthorne at the Crest
176 Units
5060 City Station Drive
Ooltewah, TN  37363
Type:  Multifamily
Closed: 10/11/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 196-unit Stonegate & Stonehenge portfolio offering located in Warner Robins, Houston County, Georgia. This portfolio is situated in rapidly-expanding area of Watson Boulevard of Warner Robins. Built in 1969-1976, the portfolio represents an outstanding opportunity to invest in an untapped value add-potential in a growing market. With primarily classic units, the Portfolio offers new ownership the opportunity to completely renovate the property and garner a 22% ROI, boosting rent premiums an average of $136.
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Stonegate & Stonehenge (2 properties, 196 units)
Stonegate
126 Units
600 Arizona Avenue
Warner Robins, GA  31093
Type:  Multifamily
Closed: 9/23/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 196-unit Stonegate & Stonehenge portfolio offering located in Warner Robins, Houston County, Georgia. This portfolio is situated in rapidly-expanding area of Watson Boulevard of Warner Robins. Built in 1969-1976, the portfolio represents an outstanding opportunity to invest in an untapped value add-potential in a growing market. With primarily classic units, the Portfolio offers new ownership the opportunity to completely renovate the property and garner a 22% ROI, boosting rent premiums an average of $136.
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Stonegate & Stonehenge (2 properties, 196 units)
Stonehenge
70 Units
613 Greenbriar Road
Warner Robins, GA  31093
Closed: 9/23/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 298-unit Reserve at 1200 & 1404 apartment communities located in Albany, Dougherty County, Georgia. These assets are situated in the desirable Northwest Albany area along arterial corridor, Whispering Pines Rd, which quickly connects residents to the market’s premier retail and major job hubs, including Pheobe Hospital. Built in 1973 & 1979, Reserve at 1200 & 1404 represent an outstanding opportunity to invest in a moderately renovated, proven value-add primed asset, poised to benefit from the Albany community.
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Reserve at 1200 & 1404
298 Units
1404 Whispering Pines Rd & 1200 Kingstown Ct
Albany, GA  31707
Type:  Multifamily
Closed: 9/20/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 174-unit Arbor Terrace & Guest House portfolio located in Rome, Floyd County, Georgia. This portfolio is strategically-located amidst Rome’s most prominent employment drivers (education, healthcare, and manufacturing). Arbor Terrace & Guest House are quality built assets with significant room for revenue growth. Built in 1974 & 1989, this portfolio offers an outstanding opportunity to invest insignificant value-add portfolio that has a 50+ year ownership history. The portfolio presents the opportunity to invest in a thriving economy just 50 miles outside of Atlanta.
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Arbor Terrace & Guest House
174 Units
48-50 Chateau Drive
Rome, GA  30161
Closed: 8/16/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Preserve at Columbus Park, a 300-unit, 2012-built apartment community located in the highly desirable location of North Columbus. Completed in 2012, The Preserve at Columbus Park represents the unique opportunity to acquire a newer-build, stabilized, quality product with exceptional value-add potential. This community is located in the North Columbus submarket, home to many of the region’s largest employers including TSYS, Aflac national headquarters, Piedmont Hospital & Columbus’ single, largest retail destination. The location boasts top-rated schools, excellent demographics, and claim to the city’s most sought-after residential address.
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The Preserve at Columbus Park
300 Units
5462 Whittlesey Blvd.
Columbus, GA  31909
Type:  Multifamily
Closed: 8/8/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 232-unit Pine Ridge apartment community located in Albany, Dougherty County, Georgia. Built in 1980, Pine Ridge has undergone significant capital improvements, and offers value-add upside. A new investor has the opportunity to finish the in-place renovation program, boost renovations another level and organically push rent an additional $175+, achieving an ROI of 39% without reaching top of market. The community is poised to benefit from several new jobs coming in the next 12 months, including: Phoebe-Putney Health adding 350 new jobs in 2021 and Outdoor Network is investing $22 million and 92 new jobs into the community.
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Pine Ridge
232 Units
333 S. Mock Road
Albany, GA  31705
Closed: 7/28/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 60-unit Shy Manor Terrace apartment community located in Moultrie, Colquitt County, Georgia. This asset is strategically located in the Northern corridor providing quick access to Moultrie’s major economic drivers "Eds & Meds." Built in 1972, Shy Manor Terrace represents an outstanding opportunity to invest in a guaranteed cash flowing asset in an under-supplied affordable housing market. Due to a recent study, Shy Manor Terrace also has the ability to benefit from a Mark-to-Market program allowing rents to increase $200+ while maintaining an affordable property and within HUD/Section 8 guidelines. This rental increase would boost revenues by $145,000 annually.
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Shy Manor Terrace
60 Units
800 Northside Drive
Moultrie, GA  31768
Closed: 7/28/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 5.27-acre Flats at General Time Development opportunity located in Athens, Clarke County, Georgia. The land is situated in the rapidly-expanding, northeast corridor. The Flats at General Time land offers an outstanding opportunity to invest in a large-scale master development plan, surrounded by employment opportunities and entertainment with retail, office, and hotel on the horizon. Wayfair recently announced more than 500 customer support jobs with its plan to occupy 45K SF of the General Time re-development which itself will feature over 250K SF.
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Flats at General Time 5.27 Acres
5.27 Acres
180 Newton Bridge Road
Athens, GA  30607
Type:  Land
Closed: 7/22/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 219-unit College Park apartment community located in Macon, Bibb County, GA. This asset is strategically located in West Macon, moments away from big-box retailers like Sam's Club, Best Buy, Kroger, The Home Depot and minutes away from the $100M Macon Mall Revitalization project. Built in 1968 & 1972, College Park offers an outstanding opportunity to invest in an asset with steady rent growth and value-add potential.
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College Park
219 Units
3535 Williamson Road
Macon, GA  31206
Closed: 7/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Landings at North Ingle, a 140-unit apartment community located in Macon, Bibb County, Georgia. This asset is situated in the desirable northwest Macon community providing access to several top retail corridors and major employers (Navicent Health, Amazon, and Geico). Built in 1982, Landings at North Ingle represents an outstanding opportunity to invest and continue an already successful value-add program achieving $190 premiums with recent leases 18% over current in place.
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Landings at North Ingle
140 Units
3300 North Ingle Place
Macon, GA  31210
Closed: 7/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 328-unit Riverstone apartment community located in Augusta, Columbia County, Georgia. This area provides unmatched access to Augusta’s top growth sectors. Built in 2014 & 2016, this property offers outstanding opportunity to invest in a proven-value add opportunity with the ability to garner $200 rent premiums. Riverstone is in close proximity to Augusta's major economic employers, top schools, coupled with high barriers to entry within in the market. Riverstone provides immediate access to the area's newest hospital, AU Hospital, along with Augusta's new Amazon facility.
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Riverstone
328 Units
101 Halton Drive
Grovetown, GA  30813
Type:  Multifamily
Closed: 7/12/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 297-unit Osprey and Heron on the Bluffs apartments located in Savannah, Chatham County, Georgia. This portfolio’s unmatched access to Savannah’s major employers and retail is enhanced by major infrastructure improvements. All of which spurs the recent population growth and rapidly rising income. Built in 1986, Osprey and Heron represent an outstanding opportunity to invest in a portfolio coupled with a proven value-add program that can be elevated to garner premiums north of $200. 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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Bluffs Portfolio (2 properties, 297 units)
Heron on the Bluffs
120 Units
10014 White Bluff Road
Savannah, GA  31406
Type:  Multifamily
Closed: 7/1/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 297-unit Osprey and Heron on the Bluffs apartments located in Savannah, Chatham County, Georgia. This portfolio’s unmatched access to Savannah’s major employers and retail is enhanced by major infrastructure improvements. All of which spurs the recent population growth and rapidly rising income. Built in 1986, Osprey and Heron represent an outstanding opportunity to invest in a portfolio coupled with a proven value-add program that can be elevated to garner premiums north of $200. 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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Bluffs Portfolio (2 properties, 297 units)
Osprey on the Bluffs
177 Units
11900 White Bluff Road
Savannah, GA  31419
Type:  Multifamily
Closed: 7/1/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 72 & 56-unit Chambers Cove and Linkwood Manor apartment communities located in Macon, Bibb County, GA. This portfolio is strategically located in West Macon, moments away from big-box retailers like Sam's Club, Best Buy, Kroger, The Home Depot and minutes away from the $100M Macon Mall Revitalization project. Built in 1968, 1990 & 1995, Chambers Cove and Linkwood Manor offer an outstanding opportunity to invest in an asset primed for value-add as 100% of the units are classic allowing for large rental premiums.
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Chambers Cove & Linkwood Manor (2 properties, 128 units)
Chambers Cove
72 Units
208 Chambers Cove Drive
Macon, GA  31206
Type:  Multifamily
Closed: 6/28/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 72 & 56-unit Chambers Cove and Linkwood Manor apartment communities located in Macon, Bibb County, GA. This portfolio is strategically located in West Macon, moments away from big-box retailers like Sam's Club, Best Buy, Kroger, The Home Depot and minutes away from the $100M Macon Mall Revitalization project. Built in 1968, 1990 & 1995, Chambers Cove and Linkwood Manor offer an outstanding opportunity to invest in an asset primed for value-add as 100% of the units are classic allowing for large rental premiums.
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Chambers Cove & Linkwood Manor (2 properties, 128 units)
Linkwood Manor
56 Units
3387 Rice Mill Road
Macon, GA  31206
Closed: 6/28/2022