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: Conventional
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: Conventional
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: Conventional
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: Conventional
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: Conventional
Closed: 8/20/2021
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 Charlestowne
120 Units
2119 Lumpkin Road
Augusta, GA  30906
Closed: 8/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 278-unit Moss Pointe apartment community located in Savannah, Chatham County, Georgia. Built in 1970, Moss Pointe represents an outstanding opportunity to invest in an asset where further renovations can potentially garner a 22% ROI after completion. Moss Pointe’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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Moss Pointe
278 Units
9400 Abercorn Street
Savannah, GA  31406
Type: Conventional
Closed: 8/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Waterleaf at Battery Creek, a 212-unit, state-of-the-art community offering its residents best-in-class living space and amenities in Beaufort, SC. This asset is located in the heart of Low Country South Carolina, a rapidly expanding coastal region situated along Interstate-95 between the major U.S. ports of Savannah and Charleston. Waterleaf at Battery Creek sits in one of the most sought-after locations in the area, with unobstructed water views and immediate access to the Port Royal Sound and Atlantic Ocean by way of a stunning on-site 300-ft crab dock. The Hilton Head-Bluffton-Beaufort market is seen as an attractive destination for residents fleeing larger U.S. cities with dense infrastructures, migrating towards coastal markets. These trends, which were only amplified by the pandemic, explain the market’s population surge of 58% since 2000, all while experiencing consistently strong rent growth (4% in Q4-2020). With phenomenal market fundamentals and a rapid lease-up seeing 17+ move-ins per month, Waterleaf at Battery Creek proves to be an outstanding opportunity to invest in a newly-built, core asset poised to capitalize on a lengthy Class-A runway with $300+ rental headroom to the leading market competitor.
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Waterleaf at Battery Creek
212 Units
10 Shell Creek Drive
Beaufort, SC  29906
Type: Conventional
Closed: 7/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 133-unit Madison on Mercer apartment community located in Macon, Bibb County, Georgia. This asset is situated in the strategically-located, area of west Macon, just moments from big-box retailers like Sam’s Club, Best Buy, Kroger, The Home Depot and just north of Georgia Technical College. Built in 1979, Madison on Mercer offers an outstanding prospect to invest in a proven value-add opportunity within a thriving market.
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Madison on Mercer
133 Units
3601 Mercer University Drive
Macon, GA  31204
Type: Affordable Housing
Closed: 7/9/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Timberland Apartments community located in Savannah, Chatham County, Georgia. This asset is situated in the Colonial Village Submarket of Savannah. Built in 1974, Timberland Apartments represents an outstanding opportunity to invest in an asset where further renovations can potentially garner a 33% ROI after completion. Timberland Apartment’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.
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Timberland
176 Units
10612 Abercorn Extension
Savannah, GA  31419
Type: Conventional
Closed: 5/28/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 84-unit Park South duplex community located in Augusta, Richmond County, Georgia. This asset 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 1950, Park South has received over $1.35M in capex injected into the property including roof repair/replacement, landscaping, leasing office remodel and interior upgrades. The asset provides an outstanding opportunity to invest in a proven value-add asset, as the property is currently achieving rent premiums of $125 on renovated units.
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Park South
84 Units
2907 Jackson Street
Augusta, GA  30906
Type: Conventional
Closed: 3/12/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 238-unit, 555-bed Independence Place apartment community located in Columbus, Muscogee County, Georgia. This asset is situated just outside of Fort Benning in southeast Columbus. Built in 2008, Independence Place offers an outstanding opportunity to invest in the only purpose built military housing in Columbus. Located in Georgia’s second largest city, Fort Benning supports the region with an annual impact of more than $4B.
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Independence Place
238 Units | 555 Beds
1534 Antietam Drive
Columbus, GA  31907
Closed: 2/4/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 298-unit Reserve at 1200 & 1404 apartment communities are 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. Built in 1979, Reserve at 1200 & 1404 represent an outstanding opportunity to invest in a moderately renovated, value-add primed asset, poised to benefit from several new jobs coming in the next 12 months, including a brand new hospital (350 jobs) and Georgia-Pacific’s new lumber plant (230 jobs). *This portfolio is operated by a special servicer.
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Reserve at 1200 & 1404
298 Units
1404 Whispering Pines Rd & 1200 Kingtown Ct
Albany, GA  31707
Type: Conventional
Closed: 1/27/2021
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.
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Southeast Value-Add 4 Portfolio (4 properties, 784 units)
Brighton Park
200 Units
9000 Watson Boulevard
Byron, GA  31095
Closed: 12/22/2020
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.
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Southeast Value-Add 4 Portfolio (4 properties, 784 units)
Villas at Lawson Creek
202 Units
9159 Asheville Highway
Boiling Springs, SC  29316
Type: Conventional
Closed: 12/3/2020
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.
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Southeast Value-Add 4 Portfolio (4 properties, 784 units)
The Lexington
190 Units
2620 Lejuene Drive
Biloxi, MS  39531
Type: Conventional
Closed: 12/2/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 500-unit University Oaks apartment community located in Athens, Clarke County, Georgia. This asset is situated in the highly sought-after area of West Athens, characterized by its easy access to premier retail (Fresh Market, Chick-fil-a, Starbucks and Target) as well as Downtown. Centrally located within 5 minutes of Athens’ core economic drivers providing access to nearly 15k jobs; including University of Georgia, St. Mary’s Healthcare, and Piedmont Athens Regional Hospital. Built in 1965, University Oaks represents an outstanding opportunity to invest in a proven value-add asset located in one of the state’s most fundamentally desirable markets.
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University Oaks
500 Units
2360 West Broad Street
Athens, GA  30606
Type: Conventional
Closed: 11/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 104-unit Vintage Creek apartment community located in Augusta, Richmond County, Georgia. This asset is situated in west Augusta, close to major retail and restaurant corridors. Built in 1972, Vintage Creek represents an outstanding opportunity to invest in a nearly untouched asset that is primed for renovation. Its central location gives Vintage Creek immediate access to over 50K Downtown employment opportunities and 25K Fort Gordon jobs.
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Vintage Creek
104 Units
1924 North Leg Road
Augusta, GA  30909
Type: Conventional
Closed: 9/29/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of the 241-unit Lofts at Zebulon apartments in Macon, Georgia. Completed in 2019, Lofts at Zebulon represents an outstanding opportunity to invest in a high-performing, best-in-class asset. Lofts at Zebulon is primed to explore additional revenue streams through second generation lease growth, charging for additional utilities, digital monument advertising, and on-site retail. The property is located adjacent to the premier shopping district Plantation Center and in a market with impressive fundamentals. The Macon-Warner Robins MSA is supported by its major economic drivers: Healthcare, Education, Manufacturing and Aerospace. Major employers such as Geico, Amazon, Navicent Health, Robins Air Force Base, and Tyson call Middle-Georgia home.
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Lofts at Zebulon
241 Units
5801 Zebulon Road
Macon, GA  31210
Type: Conventional
Closed: 4/14/2020