The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,075-unit Forest Park 1075 Portfolio located in Jonesboro and Forest Park, Clayton County, Georgia. These three assets are situated just off I-75 in Atlanta’s rapidly-expanding aerotropolis region, an area flush with industrial, distribution, and television/film industry jobs. Ashwood Ridge, Bradford Ridge, and Laurel Pointe come to market riding impressive performance trends and are poised for substantial additional growth by continuing proven value-add strategies alongside market-backed rental upside. Built between 1970 and 1972, the assets occupy strategic micro-locations with premier access to major thoroughfares and jobs. This offering is an extremely rare opportunity to establish a sizable investment portfolio with vast economies of scale in a high-growth submarket.
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Forest Park 1075 Portfolio (3 properties, 1,075 units)
Ashwood Ridge
220 Units
276 Upper Riverdale Road
Jonesboro, GA  30236
Type: Conventional
Closed: 10/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,075-unit Forest Park 1075 Portfolio located in Jonesboro and Forest Park, Clayton County, Georgia. These three assets are situated just off I-75 in Atlanta’s rapidly-expanding aerotropolis region, an area flush with industrial, distribution, and television/film industry jobs. Ashwood Ridge, Bradford Ridge, and Laurel Pointe come to market riding impressive performance trends and are poised for substantial additional growth by continuing proven value-add strategies alongside market-backed rental upside. Built between 1970 and 1972, the assets occupy strategic micro-locations with premier access to major thoroughfares and jobs. This offering is an extremely rare opportunity to establish a sizable investment portfolio with vast economies of scale in a high-growth submarket.
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Sold
Forest Park 1075 Portfolio (3 properties, 1,075 units)
Bradford Ridge
262 Units
392 Sylvia Drive
Forest Park, GA  30297
Closed: 10/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,075-unit Forest Park 1075 Portfolio located in Jonesboro and Forest Park, Clayton County, Georgia. These three assets are situated just off I-75 in Atlanta’s rapidly-expanding aerotropolis region, an area flush with industrial, distribution, and television/film industry jobs. Ashwood Ridge, Bradford Ridge, and Laurel Pointe come to market riding impressive performance trends and are poised for substantial additional growth by continuing proven value-add strategies alongside market-backed rental upside. Built between 1970 and 1972, the assets occupy strategic micro-locations with premier access to major thoroughfares and jobs. This offering is an extremely rare opportunity to establish a sizable investment portfolio with vast economies of scale in a high-growth submarket.
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Forest Park 1075 Portfolio (3 properties, 1,075 units)
Laurel Pointe
593 Units
228 Morrow Road
Forest Park, GA  30297
Type: Conventional
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 Pelham
422 Units
230 Pelham Road
Greenville, SC  29615
Type: Conventional
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: Conventional
Closed: 10/21/2021
Sold
Summit Portfolio (2 properties, 61 units)
170 Summit Avenue
20 Units
170 Summit Ave
St. Paul, MN  55102
Type: Conventional
Closed: 10/15/2021
Sold
Summit Portfolio (2 properties, 61 units)
178 Summit Avenue
41 Units
178 Summit Ave
St. Paul, MN  55102
Type: Conventional
Closed: 10/15/2021
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of the 163-unit Oak Park apartment community located in Indianapolis, IN. This asset is situated in the desirable south side of Indianapolis. Built in 1964, Oak Park offers an outstanding opportunity to invest in a well-maintained southside property with value add potential.
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Oak Park
163 Units
2100 E Stop 12 Rd
Indianapolis, IN  46217
Type: Conventional
Closed: 10/15/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 160-unit Landmark Woods & Basswood apartment communities located in Florence, SC. These assets are strategically located by the I-20 and I-95 interchange in a well-off neighborhood near Florence Country Club, healthcare & industrial jobs, and an active retail corridor. The average household’s income within one-mile are $75K+ (Landmark Woods) and $88K+ (Basswood), and projected to increase 13.1% and 10.1% respectively by 2025. Built in 1965/2001, Landmark Woods & Basswood provides a rare upside opportunity to implement a new renovation program to bridge the $200+ submarket rent gap.
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Landmark Woods & Basswood (2 properties, 160 units)
Basswood
56 Units
400 Third Loop Road
Florence, SC  29505
Closed: 10/13/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Edgewater Crossings, a 266-unit, 2014-built apartment community located along Florida’s Gulf Coast. Edgewater Crossings offers residents a "beach-style" living experience with close proximity to all of Panama City Beach’s lifestyle amenities. The area is home to some of the nicest beaches in the U.S. which continues to drive strong population and rent growth, respectively. Built in 2014, Edgewater Crossings represents an outstanding opportunity to invest in an institutional quality asset with extraordinary cash flow in the desirable Panama City Beach submarket.
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Edgewater Crossings
266 Units
204 Potters Bluff Drive
Panama City Beach, FL  32408
Type: Conventional
Closed: 10/13/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 160-unit Landmark Woods & Basswood apartment communities located in Florence, SC. These assets are strategically located by the I-20 and I-95 interchange in a well-off neighborhood near Florence Country Club, healthcare & industrial jobs, and an active retail corridor. The average household’s income within one-mile are $75K+ (Landmark Woods) and $88K+ (Basswood), and projected to increase 13.1% and 10.1% respectively by 2025. Built in 1965/2001, Landmark Woods & Basswood provides a rare upside opportunity to implement a new renovation program to bridge the $200+ submarket rent gap.
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Landmark Woods & Basswood (2 properties, 160 units)
Landmark Woods
104 Units
1400 Cherokee Road
Florence, SC  29501
Closed: 10/13/2021

FORMER INCOME RESTRICTED PROPERTY
In February of 2021, Falcon Creek was released from the Low Income Housing Tax Credit program which restricted the income level of 86% of the units. The new owner can immediately increase rents for new residents (with no restrictions) and can also raise rents for existing income restricted residents at lease renewal between $100 and $450 (varying by floorplan). The property also benefits from a long term Project Based HAP contract in which 12 units receive guaranteed income and are leased to Veterans. This Project Based HAP Contract runs through 2026.

HIGHLY SOUGHT AFTER 1999 BUILT VALUE ADD
Offering Washer / Dryer connections in all units, attached garages in select units and spacious floorplans, a comprehensive property and interior unit upgrade will allow a new owner to significantly raise rents. Current rents at Falcon Creek trail the market by an average of $179. The property offers a large clubhouse which, when renovated, can offer ample amenities to residents that are currently missing.

STRONG WESTSIDE INDY SUBMARKET
The westside of Indianapolis offers favorable dynamics with an average submarket occupancy of 95.5% and an impressive 4.3% rent growth in 2020.

NEARBY BY RETAIL
The property is very near many shopping centers and retailers including Aldi, Walmart, Meijer, Fedex, and many others.

CLOSE PROXIMITY TO KEY ECONOMIC DRIVERS
Falcon Creek is less than a 15 minute drive to downtown and near many major employers, millions of square feet of warehousing and the city’s largest logistics hub.

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Falcon Creek Place
131 Units
4301 Falcon Creek Boulevard
Indianapolis, IN  46254
Type: Conventional
Closed: 10/8/2021

The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of Linden Square, a 298-unit, 2001 & 2015-built apartment community located in very desirable Town of Avon, a growing Indianapolis suburb.

Linden Square is located in one of Indiana’s hottest fastest growing submarkets. Hendricks County is among the country’s fastest-growing and offers residents an exceptionally high quality of life. Units at Linden Square already offer desirable features including 9, 10 or 12 foot ceilings, in unit laundry and open floorplans. Enhancing these finishes will allow for rent premiums of $130+.

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Linden Square
298 Units
1070 Cobblestone Dr
Indianapolis, IN  46234
Type: Conventional
Closed: 10/8/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Sierra Vista apartment community located 80 miles northeast of Atlanta in Cornelia, Habersham County, Georgia. This asset, which enjoys zero market-rate multifamily competition, is embedded in the North Georgia Mountains with easy regional access to Atlanta’s northern employment drivers. Built in two phases in 2005 and 2021, Sierra Vista offers an outstanding opportunity to invest in an institutional quality asset in an underserved multifamily market with a sizable organic rent growth opportunity.
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Sierra Vista
144 Units
121 Sierra Vista Circle
Cornelia, GA  30531
Closed: 10/7/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit Tracewood apartment community located in Jackson, Hinds County, MS. This asset is well located and situated approximately 7 miles north of Downtown Jackson, and less than 2 miles from 2.5 million SF of quality retail. With a quality North Jackson location, the asset presents an immediate opportunity to boost rents $100 through the initiation of a value add campaign. Built in 1976, Tracewood offers an outstanding opportunity to invest in a well-located asset with substantial value add and operational upside.
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Tracewood
280 Units
6300 Old Canton Road
Jackson, MS  39211
Closed: 10/7/2021
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 excited to present the exclusive listing of Anker Haus, a 49-unit, 2020-built Class A Build for Rent Townhome community located in one of Charlotte’s most prominent submarkets, Plaza Midwood. Defined by its eclectic, densely concentrated mix of bars, restaurants, and retail, this entertainment center is also home to an affluent, white-collar employee base. As the first pocket neighborhood introduced to Charlotte, Anker Haus’ Build to Rent Townhome product offers chic, European-influenced townhomes with expansive floorplans and curated unit features. Plaza Midwood’s inactive pipeline, strong rent projections, Charlotte’s resilient net migration, and Anker Haus’ recent stabilization result in a perfect confluence for new ownership to comfortably capitalize on organic rent growth. Less than a mile from the center of Plaza Midwood, the property is also ideally situated near Charlotte’s largest job node, Center City, as well as the largest healthcare campus in Charlotte. Anker Haus represents an outstanding opportunity to invest in a newly built, recently stabilized Class A Build to Rent Townhome community.
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Anker Haus
49 Units
2925 Commonwealth Avenue
Charlotte, NC  28205
Type: Conventional
Closed: 10/4/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 195-unit apartment communities of Elevate at 604 West and The Greens on 5th, located in Fort Walton Beach, FL. These assets are well-situated with proximity to state ranked schools and all of Ft Walton's primary economic drivers. Built in 1974 and 1983, the assets have undergone significant interior and exterior renovations and are trending strongly, arriving to market 97% occupied. The Ft Walton Beach market is experiencing solid 10+% cumulative population growth and 6%+ Avg. YoY rent growth since 2017. Both assets have achieved exceptional rent growth (12%+ since acquisition) amid a major capital injection. Elevate at 604 West and The Greens on 5th offer the next investor an outstanding opportunity to acquire repositioned assets with exceptional rent growth and stable cash flow in a high growth submarket.
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Fort Walton Beach 195 Portfolio (2 properties, 195 units)
Elevate at 604 West
99 Units
604 Colonial Drive
Fort Walton Beach, FL  32547
Closed: 10/4/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 195-unit apartment communities of Elevate at 604 West and The Greens on 5th, located in Fort Walton Beach, FL. These assets are well-situated with proximity to state ranked schools and all of Ft Walton's primary economic drivers. Built in 1974 and 1983, the assets have undergone significant interior and exterior renovations and are trending strongly, arriving to market 97% occupied. The Ft Walton Beach market is experiencing solid 10+% cumulative population growth and 6%+ Avg. YoY rent growth since 2017. Both assets have achieved exceptional rent growth (12%+ since acquisition) amid a major capital injection. Elevate at 604 West and The Greens on 5th offer the next investor an outstanding opportunity to acquire repositioned assets with exceptional rent growth and stable cash flow in a high growth submarket.
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Fort Walton Beach 195 Portfolio (2 properties, 195 units)
The Greens on 5th
96 Units
5 Mooney Road Northeast
Fort Walton Beach, FL  32547
Closed: 10/4/2021
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 Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit Arbor Bend apartment community located in Villa Rica, Carroll County, GA. This asset is situated in the thriving Far West Atlanta Suburbs with limited supply and only one property under construction. Further, the West Atlanta submarket currently is #1 in occupancy and #6 in rent growth. Embedded in the I-20 West Industrial Corridor, this asset provides great access to jobs with over 4M SF of industrial space surrounding the property. Built in 2002 and trailing its competitors by $300-$600 in average rent, Arbor Bend represents an outstanding opportunity to organically raise rents and add upside through an interior value-add program in a solid submarket with limited supply.
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Arbor Bend
96 Units
200 Industrial Boulevard
Villa Rica, GA  30180
Type: Conventional
Closed: 9/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Carrington Place at Wildewood apartment community located in Columbia, SC. Built in 2005, Carrington Place at Wildewood has been meticulously maintained by institutional ownership and is the premier asset in the market. Nestled in the affluent Wildewood neighborhood, the large floor plans with 9ft ceilings and serene setting (over 29 Acres) offer investors a unique opportunity to further enhance the in-place value-add program. By taking all units to C&W’s proposed renovation level, a new investor will receive monthly rental premiums up to $360 for an ROI of 44%.
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Carrington Place at Wildewood
240 Units
751 Mallet Hill Road
Columbia, SC  29223
Type: Conventional
Closed: 9/30/2021
Sold
Hidden Oak Estates
312 Units
4900 Edinborough Lane
Indianapolis, IN  46241
Closed: 9/30/2021