The Cushman & Wakefield Sunbelt Multifamily Advisory Group is delighted to introduce the exclusive listing of Signal Hill, a 122-unit community situated in Statesville, NC. This property enjoys immediate access to both interstate I-77 and I-40, positioning it strategically amidst three thriving economic centers: Charlotte, Winston Salem, and Greensboro. Nestled within the Mooresville/Statesville submarket, Signal Hill provides convenient proximity to major retailers, an emerging historic Downtown area, and upcoming economic development. Built in 1974, Signal Hill arrives to the market primed for new ownership to implement an attractive value-add campaign. With $150+ rental premiums, the property possesses the potential for organic growth and an additional 16% increase in Net Rental Income over the T12.
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Signal Hill
122 Units
138 Signal Hill Drive
Statesville, NC  28625
Type:  Multifamily
Closed: 1/22/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Willington Lakes apartment community located in Orangeburg, SC. This asset is situated in between the booming metro areas of Charleston and Columbia, SC just off I-26, and has welcomed over $221M in capital investments over the past 24 months along with 1,150 new jobs. The property will benefit from continued rent growth with recent leases being signed $46 over the most recent rent roll. Additionally, a new owner has the ability to assume the current in-place loan with 7 months remaining IO at a 3.87% interest rate. Built in 2002, Willington Lakes offers an outstanding opportunity to invest in a thoughtfully maintained asset primed for a Class-A value-add program. Current ownership has spent over $1.2M on capital improvements at the property leaving plenty of headroom for a new owner to achieve significant premiums through an interior value-add program.
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Willington Lakes
216 Units
401 Willing Lakes Court
Orangeburg, SC  29118
Type:  Multifamily
Closed: 1/17/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 99-unit North Chase apartment community located in Wilmington, NC. This asset is situated in a highly sought after pocket of Wilmington, which is characterized by a growing population, rising home values, and exceptional universities. The immediate area surrounding the property is comprised of college educated renters (34%) that are 58% white-collar and average +$72K in median household income. Residents of North Chase have instant access to the New Centre Market & University Centre retail corridor , which provides a plethora of retail, entertainment, and lifestyle amenities just a short drive from the asset. The fruitful industries of manufacturing, technology, and banking ground the Wilmington economy, which is experiencing a major economic boom as economic drivers continue to announce plans to move to/expand in the area. Current ownership has invested over $1.5M in capital expenditures since 2018, and have an in place renovation program that yields $125+ premiums over classic units.
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North Chase
99 Units
3119 Enterprise Drive
Wilmington, NC  28405
Type:  Multifamily
Closed: 1/16/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 365-unit Chroma Park apartment community located in Cobb County/Austell, GA. Chroma Park was constructed in two phases. Built in 1996, Chroma Park West (Phase 1) encompasses 155 units. Chroma Park East (Phase 2) was built in 1999 and comprises 210 units. With exceptional connectivity, off I-285 and the East-West Connector, Chroma Park benefits from the ample employment opportunities across the Platinum Triangle, Perimeter Center, Midtown & Downtown Atlanta, all of which lie within a 30-minute drive. With limited supply, increased population growth, high occupancy and municipal barriers to new multifamily development, the Cobb County market is primed for continued growth. The area surrounding Chroma Park boasts impressive demographics, including a household income of over $89K and a highly competitive single family housing market. Chroma Park presents a unique opportunity to acquire a well-located asset with a blueprint value-add program in-place. New ownership can drive NOI by bringing 80% of the property to an upgraded finish level.
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Chroma Park
365 Units
2105 Mesa Valley Way
Austell, GA  30106
Type:  Multifamily
Closed: 1/14/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 236-unit Blankenbaker Crossings apartment community located in Louisville, KY. This asset is strategically located at the Blankenbaker interchange, just one mile from I-64 and less than three miles from the I-64 and I-265 interchange. The property joins two of Louisville’s largest employment facilities, Blankenbaker Station Business Park and Bluegrass Commerce Park, with have a combined size of over 2K acres. Additionally, this close proximity to major arteries provides easy access to Downtown Louisville and Louisville’s Health District. The surrounding area boasts an average HHI of over $124K with expected growth of more than 15% by 2027. An abundance of retail is readily available to residents with over 6.3M SF in a three-mile radius.
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Blankenbaker Crossings
236 Units
2515 Shining Water Drive
Louisville, KY  40299
Type:  Multifamily
Closed: 1/9/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 134-unit Teakwood Village apartment community located in Baton Rouge, LA. Situated in a thriving metro area, renowned for its prestigious healthcare network and ongoing corporate growth, the property benefits from an abundance of job opportunities, favorable demographics and growing single family housing market. The East Baton Rouge Parish is experiencing a constrained multifamily pipeline with limited future supply as there are currently zero properties under construction within a 5-mile radius of Teakwood Village. Built in 1975, with 52 renovated units (39% of the property), Teakwood Village represents an outstanding opportunity to invest in a textbook value-add asset with the potential for significant future rent growth.
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Teakwood Village
134 Units
515 Gardere Lane
Baton Rouge, LA  70820
Closed: 1/2/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 150 West, a 201-unit apartment community located in Mooresville, NC. The asset is conveniently situated within a submarket that boasts outstanding demographics ($141k avg HHI, 71% white collar population). The property benefits from having close access to a plethora of lifestyle amenities & big box retailers (Lake Norman, YMCA, Walmart, Mooresville Crossing) and a direct avenue to Highway 150 & I-77 providing easy connectivity to the region. Built in 1999, 150 West represents an outstanding opportunity to invest in the desirable Lake Norman/Mooresville submarket with a highly educated tenant base (77% college educated) and consistent occupancy amid persistent rent growth (15% projected through 2029). Upon completion of the value-add program, new ownership has the opportunity to renovate units to a Class A level and further bridge the gap between the property and surrounding new product ($400+ rental headroom), thus cementing 150 West as the top middle market option in the market.
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150 West
201 Units
130 Nile Circle
Mooresville, NC  28117
Type:  Multifamily
Closed: 12/20/2024
Cushman & Wakefield is pleased to offer for sale the Copper Point Apartments, 107-unit apartment community located in Mesa, Arizona. Built in 1986 Copper Point offers a mix of large one and two bedroom floor plans featuring attractive kitchens, patios or balconies, in unit washer /dryers or hook-ups, fireplaces, full size garages and individual HVAC units. Select units offers vaulted ceilings, clerestory windows, upgraded kitchens and bathrooms and wood plank style flooring. Community amenities include: a large pool and spa area, attractive landscaping, central laundry facility and access to an adjacent biking / walking path. Copper Point has been under the same ownership since 1996 and while the current owners has done and excellent job maintaining the asset there is an exceptional opportunity to add value through a program of updating unit interiors and enhancing existing amenities. Copper Point is being offered on a free and clear basis allowing investors to bring in new financing tailored to their specific investment goals.
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Copper Point Apartments
107 Units
1111 E Brown Road
Mesa, AZ  85203
Type:  Multifamily
Closed: 12/18/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 174-unit Lory of Hoover apartment community located in Birmingham, AL. This asset is situated less than a mile south of the I-459 and I-65 Interchange, allowing residents to experience convenient access to all of Birmingham’s employment opportunities, retail amenities, and leisure activities. The asset exited its LIHTC program in 2020 and allows the next investor to implement a value-add campaign and further boost rents. Built in 1974, Lory of Hoover offers an outstanding opportunity to acquire a repositioned asset in a high growth submarket with proven value add upside.
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The Lory of Hoover
174 Units
2149 Emerald Pointe Drive
Hoover, AL  35216
Type:  Multifamily
Closed: 12/18/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Cityscape apartment community located in Houston, Texas. Situated in the rapidly-expanding southern part of Houston, this 2022-built property emphasizes superior construction standards and premium amenities. The Property’s close proximity to the growing Texas Medical Center and other surrounding job hubs ensures steady demand. Cityscape represents an outstanding opportunity to invest in a newly-built asset with an irreplaceable, assumable HUD loan.
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Cityscape
240 Units
13351 Cityscape Ave.
Houston, TX  77047
Closed: 12/17/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of WILLIS Avondale Estates, a 197-unit mixed-use development in the thriving Avondale Estates Entertainment District. This is an excellent opportunity to acquire an exceptional asset with a unique tax abatement offered significantly below replacement cost. Avondale Estates is an affluent node of Decatur, offering an excellent blend of authenticity and culture through its historic charm and collection of restaurants and breweries, while also providing extremely high barriers to entry. WILLIS Avondale Estates is directly adjacent to Downtown Decatur’s curated 426K+ SF of destination retail and five Michelin recommended restaurants, as well as the MARTA Avondale station. In addition, this asset is situated near Atlanta’s prolific Ed’s and Med’s Corridor, with 40K+ medical jobs and $15B+ in annual economic impact and convenient access to ~360K jobs.
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WILLIS Avondale Estates
197 Units
2700 E. College Avenue
Decatur, GA  30030
Type:  Multifamily
Closed: 12/17/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Sedgefield Apartments located in Winston-Salem, NC. This asset is situated in the rapidly growing North Winston-Salem submarket, and benefits from continued expansion of the manufacturing and distribution industries. The property is ideally located with streamlined access to the area’s top employers, including Wake Forest University and the groundbreaking Toyota Greensboro-Randolph Megasite. Built in 1987, Sedgefield offers an outstanding opportunity to invest in an asset with significant growth potential through the in-place value-add program, where renovated units yield $170+ premiums over classic units.
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Sedgefield
144 Units
4755 Country Club Road
Winston-Salem, NC  27104
Type:  Multifamily
Closed: 12/13/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit Portico at Lanier apartment community located in Gainesville, Hall County, Georgia. As the destination for numerous new large-scale developments, Gainesville has seen steady rent and job growth in the past 10 years. With recently refreshed amenities and exteriors, Portico at Lanier is well positioned for significant rent growth in this supply-constrained multifamily submarket. A new owner can boost income with interior improvements, achieving peak premiums by upgrading the remaining classic and partially renovated units to the seller’s fully renovated level or upgrading 100% of units to an elite level. Built in 2004, Portico at Lanier represents an outstanding opportunity to invest in a proven value-add asset located in a flourishing Atlanta suburb, well below replacement cost, estimated to be in excess of $268K/door.
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Portico at Lanier
150 Units
1750 Columns Drive
Gainesville, GA  30504
Type:  Multifamily
Closed: 12/12/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 161-unit The Local on Severn apartment community located in New Orleans’ most affluent neighborhood. This asset is situated off of I-10, just before Lake Pontchartrain and adjacent to Lakeside Shopping Center, giving residents prime access to major New Orleans, Metairie, Slidell and Covington employers. With minimal supply in the area, the property is primed for future rent growth. Built in 1974 and renovated in 2018, The Local on Severn represents an outstanding opportunity to invest in a value-add opportunity in a prime location with strong submarket fundamentals.
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The Local on Severn
161 Units
3409 Severn Avenue
Metairie, LA  70002
Closed: 12/10/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Printing Press Lofts – 21 fully renovated units located in the heart of Historic Downtown Montgomery, AL. Redeveloped in 2013, The Printing Press Lofts now boasts full interior, exterior and amenity renovations. The asset provides residents convenient access to employment hubs and walkability to top-tier dining and entertainment venues off Commerce Street and Fountain Square. Arriving to market with impressive performance (98.2% T12 avg. occ.), The Printing Press Lofts offers new ownership an outstanding opportunity to acquire a heavily capitalized, desirably located asset with excellent trends in place.
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The Printing Press Lofts
21 Units
215 North Court Street
Montgomery, AL  36104
Type:  Multifamily
Closed: 12/6/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Encore, a 322-unit, 2023-built apartment community located in the burgeoning suburb of Kansas City, Belton, MO, which has seen 6.5% population growth over the past three (3) years. Strategically located less than 1/2 mile from Interstate 49, Encore offers residents premier access to local jobs and amenities, situated less than 25 minutes from Downtown Kansas City (120K+ jobs). With top-tier finishes and a community-driven, sophisticated amenity package that rivals any asset in the MSA, Encore is seen as one of the premier properties in all of Kansas City. The forthcoming investor is also set to benefit from Belton’s expansive growth, evident in the asset’s leasing trends, as the last two (2) leases signed per floorplan are achieving an average 5.7%+ increase over in-place effective rents. Encore represents the rare opportunity to acquire a top-tier multifamily asset with explosive, organic upside.

Encore is under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2041.

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Encore
322 Units
6407 E 163rd St
Belton, MO  64012
Posted: 7/19/2024
Cushman & Wakefield is pleased to present for sale, R7 Lofts, a 48-unit multifamily property located in the heart of Lowertown/Art’s District of Downtown St. Paul.

Newly converted to apartments in 2019, R7 Lofts is a historic, turn-of-the-century building offering oversized one, two, and three- bedroom loft-style luxury units. Each apartment is equipped with SMART technology features, has central air conditioning, custom shades and blinds, a designer lighting package, full-sized washer and dryer, stainless steel appliances, and quartz countertops.

The property also features high-end community amenities including a business center, car wash, fitness center, pet wash, roof deck, rooftop lounge, among others.

R7 is located in the Lowertown/Art’s District of Downtown St. Paul. A vibrant artists' quarter with a Walk Score of 97, residents at R7 Lofts are within walking distance to Lunds & Byerlys, dozens of breweries, restaurants, and CHS field. In addition, the property is close to the Mississippi River, major freeways, public transportation, and both St. Paul and Minneapolis’ Central Business Districts.

R7 Lofts represents a prime opportunity to acquire brand new, high-end apartments at a steep discount to replacement cost.

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R7 Lofts
48 Units
133 E 7th Street
St. Paul, MN  55101
Type:  Multifamily
Closed: 12/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 281-unit Union at Cooper Hill apartment community located in Birmingham, AL. This high performing asset (95%+ T12 Occ.) is situated off Montclair Road which runs through one of the wealthiest suburbs in the state of Alabama. Built in five phases between 1964-1998, the property has undergone more than $5M on both interior and exterior renovations. Due to all of the units not currently being renovated to the same level, the next investor is presented with the opportunity to grow the bottom line NOI by finish out these renovations and beginning to implement new incomes. New ownership is offered the opportunity to acquire a high performing, quality physical plant well below replacement cost.
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Union at Cooper Hill
281 Units
1522 Cooper Hill Rd
Birmingham, AL  35210
Type:  Multifamily
Closed: 12/4/2024
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View at the Peak
78 Units
7677 N 16th Street
Phoenix, AZ  85020
Type:  Multifamily
Closed: 11/25/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Arlington Park at Wildwood apartment community located in Marietta, GA, one of Atlanta’s most desirable submarkets. The asset is ideally positioned within the Platinum Triangle, a rapidly expanding development hub, accounting for roughly 125K jobs and encompassing over 42M SF of office space. Additionally, major in-town job centers, including Downtown, Midtown & Buckhead, all lie with a 15-minute drive from the property. Arlington Park’s superior location provides exceptional access to The Battery & Truist Park, Atlanta’s top entertainment district, as well as multitude of other luxury lifestyle amenities. The Marietta/Cobb County submarket is home to affluent demographics as well as a competitive housing market with an average household income of $122K+ and average home value of $469K.
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Arlington Park at Wildwood
128 Units
1970 Kimberly Village Lane
Marietta, GA  30067
Type:  Multifamily
Closed: 11/18/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ardmore at Bryton, a premier 288-unit multifamily community located in the heart of Huntersville, NC. Built in 2022, this Class-A asset is strategically located alongside the I-485 and I-77 interchange, the crossroads of Charlotte’s industrial hub, providing residents with a 15-minute commute to Uptown (100k+ jobs) and University City (80k jobs), with access to 212k+ jobs within a 20-minute drive. The immediate area surrounding the property is characterized by robust long-term fundamentals, including Huntersville’s impressive population growth, affluent demographics ($127K+ avg. HHI), 23M+ SF of industrial space, and top-tier retail.

Ardmore at Bryton has also continued to experience positive leasing momentum, despite construction delays, with 28 move-ins in May alone. Featuring outsized floorplans, the property currently trails top submarket competitors by $150+, ideally positioning the property to secure significant rental gains through capitalizing upon second generation leasing. Incoming ownership is presented a rare opportunity to invest in one of Charlotte’s most sought-after pockets, offering immediate upside and exceptional long-term growth fundamentals.

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Ardmore at Bryton
288 Units
13035 Ardmore Forest Rd
Huntersville, NC  28078
Closed: 11/15/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 210-unit Villas at Princeton Lakes apartment community located in Atlanta, GA. The prolific job center, I-20 West/Fulton Industrial District, lies immediately west of Villas at Princeton Lakes and is currently home to over 128M SF of industrial development. Located 15-minutes south of the property, Hartsfield-Jackson International Airport, a $70.9B annual statewide economic driver, further amplifies workforce housing demand and rapid job growth across the area. Multifamily metrics benefit greatly from the lack of supply across the Westside submarket with highly limited deliveries in the last 10 years contributing to increased rent growth. Villas at Princeton Lakes is an exceptional opportunity to acquire a proven value-add asset well below replacement costs.
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Villas at Princeton Lakes
210 Units
751 Fairburn Road
Atlanta, GA  30331
Type:  Multifamily
Closed: 11/14/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Solis Sugar Hill, a 294-unit generational multifamily asset with best in-class amenities and top-notch finishes thoughtfully situated within the highly desirable Sugar Hill Town Center Development. Solis Sugar Hill is a short walk to the town center’s 40K+ SF of local restaurants, shops, and recreational spaces within Atlanta’s fastest growing major suburb. This asset has a highly accretive tax abatement which provides tax savings of nearly $10M over ten years and a ~50-basis point boost to the all-cash yield. The property attracts Gwinnett County’s most affluent residents with $122K average household income at Solis Sugar Hill, benefitting from top tier assigned schools and access to 650K+ jobs within 30 minutes. Additionally, Solis Sugar Hill’s impressive lease-up velocity of 23 leases per month since January has proven the demand for this truly special product in the Sugar Hill submarket.
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Solis Sugar Hill
294 Units
1170 Temple Dr
Sugar Hill, GA  30518
Type:  Multifamily
Closed: 11/8/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Riley, a 178-unit, 2023-built apartment community in Burleson, Texas, a high-growth suburban community south of Fort Worth. The Riley is positioned along major highways, offering convenient access to DFW’s major employment hubs and a workforce of 650,000 within a 25-minute drive, including the Near Southside Medical District (with over 39,000 jobs), Downtown Fort Worth (boasting 52,100 jobs), and Lockheed Martin (employing over 18,200 individuals). The Riley’s proximity to Burleson’s prominent retail, entertainment, and recreational options continues attracts new residents. Favorable demographics and strong multifamily fundamentals help establish considerable upside for The Riley in the years ahead.
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The Riley
178 Units
480 Commons Dr
Burleson, TX  76028
Closed: 11/7/2024