The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Wakefield & Wellington, 408 units located in Hoover, AL, the highly desirable suburb of Birmingham. Birmingham, Alabama is experiencing significant momentum with 2019 being a record year for job creation followed by 30,000+ new jobs added since the start of the pandemic. Hoover is ranked the 4th best place to live in Alabama (Niche, 2020), boasting a highly ranked school system, affluent demographics ($106K average HHI 2-mile radius), and heavy barriers to entry for multifamily. Delivered in 1973, the property presents a rare opportunity to invest in a cash flowing, value add asset in a highly desirable submarket.
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The Park at Wakefield & Wellington
408 Units
861 Tyler Circle
Hoover, AL  35226
Closed: 5/26/2021
Cushman & Wakefield is pleased to present Milano Lakes, a newly stabilized luxury rental development in the affluent community of Naples, Florida. Milano Lakes offers exceptionally large and lavishly appointed apartment homes on a sprawling site with three lakes and extensive community amenities. This newly constructed, gated community lies just minutes from Interstate 75, convenient to shopping, employment and more.
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Milano Lakes
296 Units
3713 Milano Lakes Circle
Naples, FL  34114
Closed: 5/25/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Legacy at River Run - 70 units situated in Wetumpka, AL, just north of the Alabama’s capitol city, Montgomery. Benefitting from a strong manufacturing and government-centric economy, the Montgomery metro has garnered significant capital investments, highlighted by Hyundai’s announcement to invest $410M and create an additional 1,200 jobs to build a new light truck model in Montgomery. Wetumpka is expanding rapidly as it benefits from strong schools and proximity to quality employment opportunities. Built in 1976/2001, Legacy at River Run arrives to market 96% occupied with upward income trajectory and proven organic rent growth.
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Legacy at River Run
70 Units
35 Cherry Street
Wetumpka, AL  36092
Closed: 5/24/2021
The Cushman & Wakefield Baltimore Multifamily Advisory Group is pleased to present the exclusive listing of 10 North Charles Street in Downtown Baltimore. The Property is the former home of The Johns Hopkins Carey School of Business. Originally constructed in 1965, 10 North Charles was later renovated and repurposed in 2001 as an educational institution with the addition of a lecture hall. The Property has a distinct glass exterior and ticker tape receiving the 2001 AIA Design Award. The Property features 360° light and air and 10,000 square foot floor plates, as well as 2 Elevators. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including educational, office, and non-profit uses.
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10 N. Charles Street
   
10 N. Charles Street
Baltimore, MD  21201
Type: Land
Closed: 5/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,165-unit Legacy Mississippi portfolio. This portfolio offers substantial value add upside as each asset trails its competitive set in effective rental rates. With quality physical plants in place, the next investor can initiate targeted interior upgrades to achieve rental premiums and boost exit value. Built between 1981-2007, the Legacy Mississippi portfolio presents an outstanding opportunity to immediately acquire massive scale in Mississippi with major value add upside.
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Legacy MS Portfolio (6 properties, 1,165 units)
Legacy at Pecan Grove
352 Units
7320 Highway 161 North
Walls, MS  38680
Closed: 5/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 148-unit NEXTloft apartment community located in Bluffton, SC (Hilton Head MSA). This asset is situated in a rapidly-expanding coastal community northeast of Savannah, GA with exceptional demographics of $100K+ avg. HHI within a 1-mile radius and projected growth of 10.89% by 2025. Built in 2000, NEXTloft has had over $850K capital injected into the property since 2018 and arrives to market 94.6% occupied with upward income trajectory and proven organic growth.
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NEXTloft
148 Units
1376 Fording Island Road
Bluffton, SC  29910
Type: Conventional
Closed: 5/21/2021
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Sunbelt Multifamily Advisory Group, is pleased to present the exclusive listing of the 126-unit, 504-bed, Reign Living at the Stadium student housing apartment community, located in Columbia, South Carolina. This asset is situated in a highly desirable location, adjacent to the University of South Carolina's Williams-Brice football stadium, and includes a private student walkway with exclusive gate access to the stadium's entrance. The property completed construction in Fall 2020 and delivered at 99% occupancy and has since achieved 99% prelease for Fall 2021. Reign Living at the Stadium offers a Class "A" investment opportunity with the latest amenities in the thriving University of South Carolina market.
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Reign Living at the Stadium (need SP)
126 Units | 504 Beds
1105 Shop Road
Columbia, SC  29205
Closed: 5/21/2021
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The Fitzroy Chenal
294 Units
15401 Chenal Parkway
Little Rock, AR  72211
Closed: 5/21/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Caroline, a 237-unit mixed-use apartment community located on Charleston, South Carolina’s peninsula. The property is strategically situated within the new 50-acre urban, waterfront district “WestEdge” masterplan, which has a projected impact of 4,280 new jobs and 2,500+ residents upon completion. Caroline has set the stage for growth by reaching stabilization while still having $700+ in rental headroom. Increased barriers to entry on the peninsula due to numerous municipal and design requirements will shield Caroline from new supply, as it benefits from being one of only two communities with unobstructed views of the Ashley River.
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Caroline
237 Units
99 Westedge Street
Charleston, SC  29403
Type: Conventional
Closed: 5/20/2021
Conveniently located near the Loop 101 Freeway and SR 51 Freeway, Cobalt on 32nd Street provides residents with a resort-style pool, outdoor gas grills and fire pit, state-of-the-art fitness center and attached garages with direct apartment access. Cobalt's one and two bedroom units feature kitchens with stainless-steel appliances and granite countertops, wood-style flooring throughout, washer/dryers and large private patios/balconies.
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Cobalt on 32nd Street
90 Units
18350 North 32nd Street
Phoenix, AZ  85032
Type: Conventional
Closed: 5/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 296-unit Cottages of Fort Smith (72 Units) and Country Meadows (224 units) apartment communities located in the Fort Smith and Little Rock, AR MSAs. Well located within each respective submarket, Cottages of Fort Smith and Country Meadows arrive to market 95% occupied with strong trending collections and upward leasing momentum. Built in 2005 & 1998, each asset offers an outstanding opportunity to invest in a strong performing asset with a quality physical plant in place providing prime value add potential.
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Cottages of Fort Smith & Country Meadows (2 properties, 296 units)
Cottages of Fort Smith
72 Units
6100 South 66th Street
Fort Smith, AR  72903
Closed: 5/20/2021
Modera Fairfax Ridge is a rare opportunity to acquire a best-in-class asset in one of the leading jurisdictions in the dynamic Northern Virginia market. The Property’s location at the nexus of I-66 and VA Route 50 provides direct connectivity to the region’s largest economic engines and employment centers including Tysons, Reston/Herndon, the R-B Corridor, Alexandria, and downtown Washington DC. This coupled with a pronounced outmigration trend from the urban core has led to strong renter demand from an affluent population historically and over the previous 12-months. The asset’s location in proximity to George Mason University provides additional pent up rental demand once students return to in-person learning. The micro market surrounding Modera Fairfax Ridge is supply constrained with limited future supply under construction or planned. This will allow Modera Fairfax Ridge to experience above market growth with tight occupancy through 2021 and beyond. The asset’s Fairfax County location makes for a stable, consistent investment with strong future growth prospects in one of the nation’s safest metropolitan areas during times of economic uncertainty.
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Modera Fairfax Ridge
213 Units
3887 Fairfax Ridge Rd
Fairfax, VA  22030
Closed: 5/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 272-unit The Centre at Peacthree Corners apartment community located in Peachtree Corners, Georgia. This asset is situated in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, one of the fastest growing counties in the nation for more than two decades. Built in 1972, The Centre at Peachtree Corners has proven value-add performance and arrives with $10.7M+ in recent capital improvements. The asset’s high-barriers submarket is characterized by limited apartment supply and evident demand for higher level finishes.
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The Centre at Peachtree Corners
272 Units
3325 Holcomb Bridge Road
Peachtree Corners, GA  30092
Type: Conventional
Closed: 5/20/2021

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of Liberty Center, a 238-unit, 2016-built apartment community made up of two distinct buildings - The Grant and The Fillmore. Located in the heart of a landmark town center Liberty Center fuses luxury living, dynamic dining, best-in-class retail and engaging entertainment within an active and connected urban neighborhood.

The acquisition of Liberty Center Apartments (The Grant & The Fillmore) represents an opportunity to own in what is arguably one of the most vibrant mixed-use neighborhoods in the nation. The property offers everything high-income dwellers are looking for - from high-end unit finishes to an upscale restaurant and retail destination.



For access to confidential documents, please register at: libertycenterapts-cw.com



The Liberty Center Apartments attached Net Leased Liberty Center Retail is also being offered for sale as part of a separate offering. For more information about the Liberty Center Retail, visit the site: Here

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Liberty Center Apartments
238 Units
7560 Blake St
Cincinnati, OH  45069
Type: Conventional
Closed: 5/19/2021
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 121-unit Palmetto Gardens & Willwood Gardens apartment community located in Florence, SC. This asset is strategically located just off the I-95 & I-20 interchange near Florence’s major job and retail centers which provide high visibility and ease of travel into the center city. Built in 1984/1987/1991, Palmetto Gardens & Willwood Gardens represent an incredible opportunity to invest in an asset that has been well-maintained, while offering an ideal micro location and tremendous upside through the implementation of a proven value-add program.
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Palmetto Gardens & Willwood Gardens
121 Units
2305 West Palmetto Street
Florence, SC  29501
Closed: 5/19/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 304-unit Oaks at Holcomb Bridge apartment community located in north Fulton County in metro Atlanta, Georgia. This asset is situated in the heart of Atlanta’s affluent Roswell community, and provides strategic access to North Fulton’s primary employment and retail hubs in Roswell, Alpharetta, Central Perimeter, and Buckhead. Built in 1979, Oaks at Holcomb Bridge represents an outstanding opportunity to invest in one of Atlanta’s most desirable locations with impressive value-add upside.
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Oaks at Holcomb Bridge
304 Units
700 Old Holcomb Bridge Road
Roswell, GA  30076
Type: Conventional
Closed: 5/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 296-unit Cottages of Fort Smith (72 Units) and Country Meadows (224 units) apartment communities located in the Fort Smith and Little Rock, AR MSAs. Well located within each respective submarket, Cottages of Fort Smith and Country Meadows arrive to market 95% occupied with strong trending collections and upward leasing momentum. Built in 2005 & 1998, each asset offers an outstanding opportunity to invest in a strong performing asset with a quality physical plant in place providing prime value add potential.
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Cottages of Fort Smith & Country Meadows (2 properties, 296 units)
Country Meadows
224 Units
909 Holmes Road
Searcy, AR  72143
Closed: 5/13/2021
Completed in 1984, the 146-unit Mountain View Casitas is conveniently located near shopping, restaurants, schools and major freeways. Apartment units feature fireplaces, walk-in closets, washer/dryers, fully equipped kitchens and private patios/balconies. With a park-like setting, Mountain View Casitas community amenities include lounge areas, a game room, high-intensity fitness center and a resort-style pool.
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Mountain View Casitas
146 Units
1130 E. Grovers Avenue
Phoenix, AZ  85022
Type: Conventional
Closed: 5/13/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit The Reserves of Thomas Glen apartment community located in Shepherdsville (Louisville MSA), Bullitt County, Kentucky. This asset is situated in Bullitt County's industrial and e-commerce community with close proximity to UPS Worldport and Shepherdsville Amazon Fulfillment Center. Residents at The Reserves of Thomas Glen benefit from direct access to Louisville's flourishing economy. Built in 2013 and only 25 minutes south of Louisville, The Reserves of Thomas Glen represents an outstanding opportunity to invest in Shepherdsville's top asset immersed among some of the area's largest e-commerce and industrial hubs with extensive job opportunities.
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The Reserves of Thomas Glen
192 Units
123 Thomas Glen Drive
Shepherdsville, KY  40165
Closed: 5/13/2021
Cushman & Wakefield is pleased to present the Minnehaha Park Apartments - located in the Hiawatha/Longfellow neighborhood of Minneapolis. A wide range of diverse retail, coffee shops, bars, and local dining options are within easy walking distance.
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Minnehaha Park
39 Units
4444 Minnehaha Ave S
Minneapolis, MN  55406
Type: Conventional
Closed: 5/12/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 332-unit Village 1373 apartment community located in Greensboro, NC. This asset is firmly situated in a top performing submarket of the Triad with strong fundamentals and outstanding demographics, outpacing the broader metro on nearly all indicators. As submarket household incomes approach $90K+ paired with a muted delivery pipeline, the market indicates support for higher-end finishes as Greensboro shifts its focus to target a white-collar workforce through educational attainment. Built in 1987/1996, Village 1373 has received $1.6M in capital improvements since 2018 and offers new ownership the ability to complete a value-add program to generate an additional $368K in annual income and boost NOI by 26%.
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Village 1373
332 Units
1373 Lees Chapel Road
Greensboro, NC  27455
Type: Conventional
Closed: 5/11/2021

The Cushman & Wakefield Multifamily Advisory group is pleased to present this confidential memorandum to purchase the Atlas Apartment Homes in Las Vegas, NV. The property is located in the Smoke Ranch submarket, across from the North Las Vegas airport and adjacent to the affluent Summerlin neighborhood. Nearby apartments are largely held by institutional ownership.

ESMI ranked Las Vegas at #2 on their Talent Attraction Scorecard, and Yardi ranked Las Vegas at #3, nationally, for rent growth among major metros. The Smoke Ranch submarket has maintained above-average rent growth through COVID and North Las Vegas was the number one ranked submarket in the greater MSA. The property has also sustained rent growth, month over month, through 2020. Currently, renovated units are achieving rents of $1,200 per month on average, where classic units are achieving roughly $1,050 per month. October 2020 effective potential rents increased by 3%+ over the November 2019 figures..

The Atlas Apartment Homes are currently 52% renovated and are proving out rent bumps of over $100 per month with an average spend of $6,500 per unit. Ownership has recently renovated three units to a premium scope and are now achieving an additional $75 per month over the current renovated unit rents.

Video tour here: https://youtu.be/gASGY7AX8PM

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Atlas Apartments
198 Units
5067 Madre Mesa Dr, Las Vegas, NV 89108
Type: Conventional
Closed: 5/9/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the City Heights Homewood - 278 units located in the coveted Homewood submarket of Birmingham, AL. This asset maintains an outstanding location within one of Alabama’s Top 5 suburbs, Homewood, which maintains heavy restrictions on new multifamily development. Residents at the asset are afforded easy access to dense cores of quality jobs and upper end retail options. With renovation staging already completed, the next investor will be able to focus on expanding upon in-place value add initiatives.
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City Heights Homewood
278 Units
218 Olympia Drive
Homewood, AL  35209
Type: Conventional
Closed: 5/7/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 259-unit Crest at Greylyn apartment community located in Charlotte, NC. This asset is situated in the highly desirable submarket of Matthews where a highly educated, affluent renter base has supported consistently strong rent growth over the past five years. A thinning development pipeline provides confidence these strong multifamily fundamentals will continue. An excellent location surrounded by retail and proximate to several major highways provides residents direct access to Charlotte’s largest employment hubs, including Uptown (135,000 daily employees), in less than 20 minutes. Built in 2013, Crest at Greylyn presents an unprecedented investment opportunity to inherit Class A construction and community amenities coupled with the potential for an interior renovation program that would achieve $150 premiums and ultimately increase NOI by 19%.
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Crest at Greylyn
259 Units
9415 Lucy Jane Lane
Charlotte, NC  28270
Type: Conventional
Closed: 5/7/2021