Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±8.2 net acre multifamily development site located on a major intersection in Phoenix’s rapidly transforming Central Corridor. This rare, hard-corner site is located along the Valley Metro Light Rail, with a station adjacent to the property at the corner of Central Avenue and Indian School Road. Phoenix’s urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. In addition to the Light Rail, the area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 15,000-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in the Central Corridor.

The opportunity consists of four (4) parcels with a combined total of ±356,905 square feet of developable land on the northwest corner of Central Avenue and Indian School Road. This transit oriented development site is bound by three streets.

Well-Maintained Asset with Updated Amenities

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Princeton Parc, a 200-unit, value-add garden community in West Melbourne, Florida. Completed in 2003, the property features a two-story, concrete block design with direct access units. The property features some of the largest floorplans in the submarket at 1,154 square feet on average. Princeton Parc’s location within West Melbourne is a magnet for employees working in the growing aerospace and tech space. The property is less than one mile from I-95 and provides a short commute to the area’s largest employers including Health First, Harris Corporation, Northrop Grumman, Lockheed Martin and Patrick Air Force Base.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the listing of the 56-unit Spanish Villas apartment community located in South Daytona, Florida. Spanish Villas offer a Value-Add opportunity to renovate 100% of the units, raise effective rents $173/unit, and earn a 17% return-on-investment after implementation of the proposed renovation plan.

Cushman & Wakefield is proud to announce the exclusive right to sell the EVO Apartments, a newly-built rental community in Las Vegas, Nevada.

The asset is one of the nicest in the valley, with four resort-style pools, an indoor basketball court, and ease of access to employment centers and major thoroughfares. Las Vegas has experienced a spur of economic development in recent years as new employers flock to the area, attracted by one of the most affordable and dynamic business climates in the U.S. The resulting influx of new jobs has led to increased demand for quality housing, outpacing supply.