The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Linden (162 units and 5,808 SF of ground-floor retail) and Lakeside (51 units) - a two-property portfolio in Charlotte’s affluent suburb of Davidson, NC. Built in 2016, The Linden is Davidson’s premier mixed-use asset featuring luxurious amenities and sophisticated interiors while offering multi-dimensional income upside through organic gains, and completion of a light-touch value-add program to capture a $200+ rent runway. Built in 1978, Lakeside provides superior organic rent growth potential bolstered by a recent ~$1.7 million targeted capital improvements program. Minimal new supply projected in Davidson, coupled with blue-chip demographics and continued job growth, ideally position the assets in a static competitive environment along Charlotte's path of progress. Offers will be accepted on the full portfolio and/or on individual properties.
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The Linden & Lakeside (2 properties, 213 units)
Lakeside
51 Units
900 Lakeview Avenue
Davidson, NC  28036
Type:  Multifamily
Closed: 1/9/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 276-unit Springdale Glen apartment community located in northeast metropolitan Atlanta, DeKalb County, Georgia. This asset is situated in the high connectivity and fast-developing Northlake area anchored by affluent demographics. Built in 1973, Springdale Glen offers an outstanding opportunity to invest in a solid-performing asset primed for value-add returns.
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Springdale Glen
276 Units
3800 Brockett Trail
Clarkston, GA  30021
Type:  Multifamily
Closed: 1/9/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 37-unit Embry Hills apartment community located in Chamblee, DeKalb County, Georgia. This boutique asset is situated adjacent to northeast metro Atlanta’s burgeoning I-85 corridor and transformational projects underway in northeast Atlanta. Built in 1964, Embry Hills offers all-brick, ground-level units with extremely large private patios/decks. This is an outstanding opportunity to invest in a solid-performing asset with market-supported value add in a high-growth submarket.
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Embry Hills
37 Units
3693 Embry Circle
Atlanta, GA  30341
Closed: 1/8/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 155-unit SoHo on Central apartment community located on Central Avenue in one of Charlotte’s most popular neighborhoods, Plaza Midwood. Implanted in Plaza Midwood and next door to Uptown Charlotte, SoHo on Central is uniquely positioned in a rapidly expanding suburb with strong demographics and high quality employment opportunities. With a proven Value-Add initiative in place and a low replacement cost, potential investors can be sure to see high returns
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SoHo on Central
155 Units
3143 Central Avenue
Charlotte, NC  28205
Type:  Multifamily
Closed: 1/3/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Island Club Apartments, a 144-unit apartment community located in Salisbury, MD. Built in 1987, Island Club offers investors the opportunity to acquire a proven value-add apartment community within the stable Salisbury market. The Property can be repositioned through upgraded kitchens and bathrooms, garnering additional rental premiums and creating a distinctive advantage against its competitive set. The Property’s convenient location within Salisbury provides direct access to the region’s major employment, retail, lifestyle amenities and major roadways. Island Club presents investors with the opportunity to acquire a proven value-add community within an opportunity zone that has strong future growth prospects in the stable Salisbury economy.
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Island Club
144 Units
1500 Sharen Drive
Salisbury, MD  21804
Closed: 1/2/2019

Cushman & Wakefield, as exclusive advisor is pleased to present the opportunity to acquire Elan Maison, a brand new, 394-apartment home community located with greater Ft. Lauderdale. The property recently stabilized by averaging over 30 leases per month.

Elan Maison redefines the standard for apartment living being the only garden-style apartment with enclosed air-conditioned corridors and cutting-edge finish levels both inside the units and throughout the common areas. It has unmatched accessibility along I-595 with direct access the major South Florida Roadways.

Elan Maison is being offered for the first time to the market by its developer, nationally recognized Greystar.
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Elan Maison
394 Units
6220 Reese Road
Davie, FL  33314
Type:  Multifamily
Closed: 12/27/2018

Lodge at Trails Edge is a 268-unit luxury apartment community located in the popular Nora/Castleton area on Indianapolis’ affluent far north side. The community was originally built in 1981. In 2001 a building with twenty units was added. Situated on 20 well-landscaped acres, the property has great curb appeal and offers its residents a truly park-like setting and that includes a lake with two fountains, many mature trees, and ample green space. The immensely popular Monon Trail runs along the property’s western edge.

The site includes the clubhouse/office/amenity building, a shop, and 13 residential buildings. Lodge at Trails Edge offers a mix of 136 one-bedroom flats and 132 two-bedroom flats. Features vary by unit type but include attractive floor plans with kitchens with breakfast bar, ample pantry space, a full appliance package, private patios and/or balconies, and oversized closets..

Ninety-six units have fireplaces; sixty-one units have washer/dryer hookups, and seventy-two units overlook the central lake and its two fountains.

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Lodge at Trails Edge
268 Units
9535 Benchmark Drive
Indianapolis, IN  46240
Type:  Multifamily
Closed: 12/21/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Aventine Greenville - a 346-unit apartment community in burgeoning Greenville, SC. Built in 2013, The Aventine Greenville boasts luxurious amenities/features and high-quality construction that is available for acquisition at an attractive basis. Bolstered by favorable operations, the property is ideally positioned to close the $200+ rent gap to market competitors through completion of a light value-add program. Residents of The Aventine Greenville enjoy walkability to the premier retail outlets in South Greenville - a region defined an exceptional demographic base and a diminishing new development pipeline. In addition, the asset is positioned in the center of Greenville’s thriving "Industry Triangle" as five of the county’s largest employers (10,500+ jobs) are less than two miles from the property.
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The Aventine Greenville
346 Units
97 Market Point Drive
Greenville, SC  29607
Type:  Multifamily
Closed: 12/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Bridford West apartment community in rapidly-expanding southwest Greensboro, NC. Built in three phases in 2013 and 2014, Bridford West offers a top-of-the-market features and amenities package rivaling other top assets in the market. The property is ideally located between I-73 and I-40, providing excellent connectivity and access to the area’s top employers and retail. With outstanding demographics and a high rent ceiling, the property is poised for sustained organic rent growth and is being offered at a significant discount to replacement cost, as well as comparable Class A trades in other Carolinas metros.
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Bridford West
264 Units
598 Eagle Road
Greensboro, NC  27407
Type:  Multifamily
Closed: 12/19/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 406-unit Silver Oak Apartments located in east Atlanta, DeKalb County, Georgia. This asset is situated in the rapidly-expanding Clarkston apartment market where within a two-mile radius of the subject, only two properties have delivered since 1989. Built in 1971, Silver Oak Apartments has shown consistently solid statistics throughout 2016, and is offered with manifest value add and outstanding rent growth potential.
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Silver Oak Apartments
406 Units
1281 Brockett Road
Clarkston, GA  30021
Closed: 12/18/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the new 303-unit Solis Parkview apartment community in Atlanta, Georgia. Completed in late 2017 as part of the new Parkview on Peachtree mixed-use community, Terwilliger Pappas’ Solis Parkview represents the pinnacle in new urbanism residential midrises. Complemented by Parkview’s 45k SF of boutique retail and loft office space, and an integrated network of walking and fitness trails, Solis Parkview’s extraordinary amenities and location attract a discerning renter profile, resulting in a rapid lease up with relatively limited concessions. Its Chamblee location, just north of Buckhead and south of Central Perimeter, is one of Atlanta’s newest and most dynamic transit-oriented hot spots, walkable to the Chamblee MARTA rail station and a new Whole Foods. Catalyzed by Integral’s mammoth Assembly Yards development one MARTA stop north, Chamblee’s burgeoning renaissance continues with new retail, restaurants, and 500k SF of new office space under construction while already ranked among Atlanta’s most energetic new urban nodes.
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Solis Parkview
303 Units
5070 Peachtree Blvd
Chamblee, GA  30341
Type:  Multifamily
Closed: 12/18/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit The Emerson 1600 apartment community located in the west Atlanta suburb of Smyrna, Georgia. This asset is situated in flourishing Cobb County and maintains high visibility and accessibility off two of the Atlanta’s major thoroughfares. Transformational new developments in Cobb include the new Atlanta Braves stadium and Smyrna and Vinings mixed-use upscale retail centers. Built in 1985, The Emerson 1600 has produced outstanding organic rent growth and stable occupancy. The next investor can further increase collections through rounding out the in-place value-add campaign.
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Ashbrook Crossing
246 Units
1600 Tibarron Parkway
Smyrna, GA  30080
Type:  Multifamily
Closed: 12/14/2018

Kenwood Village, located in the Duluth Heights/Kenwood neighborhood of Duluth, MN, is a Class A apartment building with 14,000 square feet of first floor retail. The property received its certificate of occupancy in February 2017 and leased up with a high degree of interest from university employees, graduate students and people who recently sold their nearby homes in the Kenwood neighborhood. The strong performance of Kenwood Village can be attributed to its close proximity to the University of Minnesota - Duluth and the College of St Scholastica, superior amenities, access to public transit, nearby shopping and spectacular views.

The retail portion offers long-term leases by Amazon Proof retailers. Three of the four current tenants have signed 10-year leases including Caribou Coffee/Einstein Bagels, Crooked Pint, and Duluth Teachers Credit Union, making up 73% of the retail space. Runa Yoga and Experimac complete the list of current tenants and there is value-add potential in leasing up the remaining 1,082 square feet of vacant space. Other key retailers in this area include SuperOne Foods, Papa Murphys, Arby’s, UPS, Cost Cutters, Erbert’s & Gerbert’s and Walgreens.

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Kenwood Village
83 Units
1515 Kenwood Avenue
Duluth, MN  55811
Type:  Multifamily
Closed: 12/14/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 106-unit Sterling Vinings apartment community located in the northwest Atlanta suburb of Smyrna, Georgia. This boutique asset is situated in flourishing Cobb County and maintains high accessibility off I-285 and the East-West Connector. Transformational new developments in Cobb include the new Atlanta Braves stadium and Smyrna/Vinings mixed-use, upscale retail centers. Built in 1985, Sterling Vinings exhibits organic rent growth and stable occupancy. The next owner can enjoy further increased collections with this perfectly primed value-add property.
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Sterling Vinings
106 Units
4098 South Cobb Drive
Smyrna, GA  30080
Type:  Multifamily
Closed: 12/13/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Linden (162 units and 5,808 SF of ground-floor retail) and Lakeside (51 units) - a two-property portfolio in Charlotte’s affluent suburb of Davidson, NC. Built in 2016, The Linden is Davidson’s premier mixed-use asset featuring luxurious amenities and sophisticated interiors while offering multi-dimensional income upside through organic gains, and completion of a light-touch value-add program to capture a $200+ rent runway. Built in 1978, Lakeside provides superior organic rent growth potential bolstered by a recent ~$1.7 million targeted capital improvements program. Minimal new supply projected in Davidson, coupled with blue-chip demographics and continued job growth, ideally position the assets in a static competitive environment along Charlotte's path of progress. Offers will be accepted on the full portfolio and/or on individual properties.
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The Linden & Lakeside (2 properties, 213 units)
The Linden
162 Units
605 Jetton Street
Davidson, NC  28036
Type:  Multifamily
Closed: 12/13/2018
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Flats at 146
368 Units
15201 Flats Dr
Noblesville, IN  46060
Type:  Multifamily
Closed: 12/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit Ridgeland Ranch apartment community, located in the heavily sought-after Ridgeland suburb of Jackson, Mississippi. Ridgeland is currently ranked the 2nd best municipality in Mississippi, offering one of the state’s most coveted school systems and highest median incomes. Built in 1974, Ridgeland Ranch offers the investor a well-located asset with market-suggested value add potential.
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Ridgeland Ranch
137 Units
1620 East County Line Road
Ridgeland, MS  39157
Closed: 12/7/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present Riviera Hills - a 84-unit value-add opportunity located at 5220-5435 NW 18th Place in Lauderhill, Florida. The property offers 26 studios, 6 1BR/1BA, 34 2BR/1BA and 16 2BR/2BA units averaging 694 square feet. The rents are below market and can be increased generating additional revenue by $170,000.

Riviera Hill’s central Broward location is a magnet for employees working in the area’s largest employment centers, such as Plantation, Sunrise and Fort Lauderdale. The property is 2 miles east of Plantation Pointe, a 900,000 square foot office park with high-profile tenants including Motorola, Envision, and Magic Leap. The property is also about 5 minutes east of University Drive which serves as the main thoroughfare in the area, with various retail and dining options. Lastly, Riviera Hills is just a mile north of the Florida Turnpike’s ramp on Sunrise Boulevard allowing quick access to all major South Florida employment centers.

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Riviera Hills
84 Units
5220-5435 NW 18th Place
Lauderhill, FL  33313
Closed: 12/6/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group, pleased to present the exclusive listing of Landmark at Lancaster Place, a 240-unit apartment community located in Birmingham, Alabama. This asset sits in the budding municipality of Calera, Birmingham’s 2nd fastest growing city in terms of population growth. With a strategic location that offers access to both the Birmingham and Montgomery job markets, Calera boasts an affluent demographic and state-ranked school system. Built in 2007, Landmark at Lancaster Place offers the next investor both organic in-place rent growth and legitimate value add upside.
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Landmark at Lancaster Place
240 Units
10 Kensington Manor Drive
Calera, AL  35040
Type:  Multifamily
Closed: 12/5/2018

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Park Vue of Alexandria, a core-plus, infill high-rise community in one of the Washington metro region’s most dynamic corridors. Built in 1965, Park Vue of Alexandria has recently received a large infusion of capital to improve the asset and create additional tenant amenities. The Property offers proven value-add with rental premiums being achieved based on the current kitchen and bath upgrade program. This can be enhanced to mirror similar properties in the submarket for additional rent increases. Park Vue of Alexandria’s location along the dynamic I-395 corridor is one of the best in the region for access to the many major employers and the most significant employment centers in the Washington metro. The Property is only 5-minutes from Potomac Yards, one of Northern Virginia’s fastest growing retail and amenity centers, with a future Metro station currently in the planning process. Park Vue of Alexandria’s irreplaceable location and additional renovation upside presents investors with the rare opportunity to acquire a core-plus, infill high-rise in one of the Washington region’s best locals.

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Park Vue of Alexandria
196 Units
511 Four Mile Road
Alexandria, VA  22305
Closed: 12/1/2018
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6905-6921 Rue Vendome
30 Units
6905-6921 Rue Vendome
Miami Beach, FL  33141
Type:  Multifamily
Closed: 11/30/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 312-unit, Ashley Grove. The property, built in 1968 and 1973, is located in the heart of West Ashley, one of Charleston’s fastest growing submarkets, just minutes from Downtown Charleston as well as other major employment centers including Boeing (8,200 jobs), Joint Base Charleston (36,000 jobs), the new Mercedes-Benz plant (1,300 jobs) and Volvo plant (2,000 jobs). The recent adoption of "Plan West Ashley", a master plan intended to spur economic development in the area through public-private partnership, will serve as a catalyst for growth in the submarket. Ashley Grove, offers new ownership to have the opportunity to complete the in-place value-add programs to further boost NOI across the property
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Ashley Grove
312 Units
1735 Ashley Hall Road
Charleston, SC  29407
Type:  Multifamily
Closed: 11/30/2018

The Lenox is an exceptionally well-maintained 200-unit apartment community located on the popular northeast side of Indianapolis. Built as a luxury community in 1972, the property consists of nine brick, two-story residential buildings and an office / clubhouse. The large clubhouse contains a community room with fully-equipped kitchen and fireplace, 24-hour fitness center, and a business center with free wi-fi. In addition to the clubhouse, community amenities include a pool with sundeck, playground, laundry facilities in each building, garages and carports, and available extra resident storage.

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Lenox
200 Units
5421 Calder Way
Indianapolis, IN  46226
Type:  Multifamily
Closed: 11/30/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 88-unit Premier Club apartment community located in southwest metropolitan Atlanta, Fulton County, Georgia. This boutique asset is situated minutes from Hartsfield-Jackson International Airport, Atlanta’s economic engine and Georgia’s largest employment center (63,300 employees and $64.2B economic impact). Built in 1971, Premier Club offers an outstanding opportunity to invest in prospering southwest Atlanta. Rapid development in the Airport/South Atlanta office/industrial district and proximate access to I-285 further support Premier Club’s positive investment growth potential.
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Premier Club
88 Units
5100 Highpoint Road
Union City, GA  30291
Closed: 11/30/2018