The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Ironwood in North Augusta, South Carolina. Located within a brand new mixed-use development, ballpark-anchored Riverside Village, The Ironwood stands alone as the premier, true Class AA market leader. Driven by the cybersecurity phenomenon, Augusta is projected to be the #1 job growth leader in 2019, justifying aggressive apartment market rent growth projections. Excellent walkability, riverfront lifestyle, unmatched array of amenities, and quick access to downtown’s burgeoning job hub together allow The Ironwood to serve the highest echelon of Augusta renters. Having demonstrated very impressive lease-up velocity, this asset faces virtually zero direct competition and is on track to stabilize in less than one year’s time leasing - offering immediately capturable second-generation rent growth. Notably, Riverside Village is within an Opportunity Zone, within TIF-approved development, and is assigned a fixed tax expense schedule through 2048.
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