The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 58-unit value-add apartment community, Southern Villas, located in Daytona Beach, Florida.
The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 105-unit bulk condominium offering, Whisper Oaks Villas, located in Daytona Beach, Florida.
Creekside South is being offered for sale for the first time ever by the original owner/developer. The property is very well maintained, and substantial capital improvements have been made by the current owner including new roofs, HVAC systems, balconies and more. While well cared for and maintained, Creekside South offers largely original interior finishes. The property is a blank slate in terms of upgrade potential. With ample interior common area space in the clubhouse and open green space throughout the property, additional amenities can easily be added. Current rents at Creekside South trail the surrounding competition by as much as $300 per month. In addition to raising rents and upgrading units, other income can be grown by increasing the water/sewer recovery and providing washer/dryer machines to residents.
Located directly on Stop 11 Road on Indy’s Southside, Creekside South benefits from excellent visibility and ample drive-by traffic. In 2020, the Indianapolis south submarket maintained 95%+ average occupancy and rents grew by 4.7%. Residents of Creekside South enjoy easy access to downtown Indianapolis, Greenwood and plentiful nearby employment.
Creekside South has a long history of maintaining mid 90%'s occupancy. Rental revenue has grown by more than 5% in T-12 vs 2019. The property is being offered for sale on a free and clear basis and will qualify for the most attractive new debt.
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of Union Green, a 172-unit, 2019-built apartment community located in high growth and affluent Brownsburg, IN.
Union Green is a brand new, Class A mixed-use apartment community located in one of Indiana’s hottest and most affluent submarkets. Hendricks County is among the country’s fastest-growing and offers residents an exceptionally high quality of life. Union Green is part of a recent $80M+ development corridor in downtown Brownsburg including residential, office (+co-working) and retail in a newly minted walkable, urban setting. Amenities at Union Green are best in class, with no equal among the submarket competition.
Rush on Main (Chicago-Inspired Eatery) occupies the approximately 3,908sf of the +/-14,000sf of retail. With a high level of interest from the retail community, lease-up of the remaining space is imminent.
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Cushman & Wakefield, as exclusive advisor, is pleased to present Swan Lake Apartments, a 640-unit value-add multifamily community in Tampa, Florida.
A Trophy Residential High-Rise in Midtown Miami
Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Midtown Five (the “Property”) – a 25-story, class-AAA high-rise in the center of master-planned Midtown Miami. Midtown Five is composed of 400 luxury residences with 23,312 square feet of ground floor retail that sit along Midtown Miami’s main thoroughfare. The Property has outperformed the market in occupancy and collections and is well positioned for continued success due to its top-of-the-market unit finishes, expansive amenity package, and its irreplaceable location with immediate walkability to the 645,000 square foot Shops at Midtown, multiple under construction office projects, and two proposed Brightline stations. Midtown Five presents an extremely rare urban Miami high-rise acquisition opportunity that is poised to greatly benefit a long-term investor through Miami’s continued growth towards a first-tier world-class city.