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

Regency Court is a 125 unit community, located at 1616 S Henderson Street in Bloomington, Indiana. The property is located just east of Walnut Street, a high traffic north/south thoroughfare running directly through Downtown Bloomington. The city bus, Route 7, stops at the Regency Court entrance and conveniently takes residents north (to downtown and the Indiana University Campus) or south (to the Walnut Street Shopping Centers). The community is also walking distance from Bloomington South High School and Templeton Elementary School.

Regency Court is made up of 36 one bedroom apartments, 14 two bedroom townhomes, 30 three bedroom townhomes, and 28 four bedroom townhomes. Also, there are 4 duplexes, 1 two bedroom house, 1 three bedroom house, and 7 five bedroom homes. All units have washers and dryers.

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Regency Court
125 Units
1616 S Henderson St
Bloomington, IN  47401
Type:  Multifamily
Closed: 11/27/2018

The "South Beach Resort" is THE premier multifamily asset in the Las Vegas valley, as it combines true resort living with an unequaled lifestyle and hospitality experience. Recently completed, the property is poised to take advantage of the fastest growing submarket in Las Vegas. Location and asset type makes this a unique offering, as the property is nestled between the Red Rock Canyon National Conservation area and the famous Las Vegas Strip, and benefits from proximity to Downtown Summerlin, and ease-of-access to major expressways & transportation.

Currently, Las Vegas is the 29th largest MSA in the United States, and number two in rent growth among major metros. Rent growth figures have averaged above 6% through 2016 and 2017, and the Southwest market continues to have the highest rent growth figures in the greater MSA. Additionally, Las Vegas leads the country in job creation, with year-over-year job gains of 3.3%. In total, 43,800 jobs were created through 2016 & 2017, and unemployment has stayed stable at 4.9%. This job growth, paired with above-average population growth, continues to expand the local rental market.

The result is a creation of the next generation of multifamily living that has never been witnessed in Las Vegas, or nationwide.

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South Beach Resort
220 Units
8920 West Russell Road
Las Vegas, NV  89148
Closed: 11/27/2018

After a decades-long development hiatus, Broad Ripple, Indianapolis, has excitedly embraced Indy's most captivating mixed-use development.  The Coil Apartments and Fresh Thyme Farmers Market are an integral addition to a submarket with extremely attractive demographics - highly educated, high-earning residents.

Current residency boasts an average age of 38 years and a powerful average income of $100,000 with an average credit score of 726.  The asset's prestige even allures out of state residents to enjoy the benefits of a growing job market and economy in central Indiana.  The Coil is commanding some of the highest rents in the market.

Adjacent to the Indiana Central Canal, in the heart of Broad Ripple Village, The Coil is walking distance from the myriad shops and restaurants in the Village. The convenient location on College Avenue also grants residents direct access to downtown Indianapolis and the Carmel business corridor.

In addition to boasting 151 luxury apartments, the asset includes a 33,500-square-foot flagship Fresh Thyme Farmers Market with a long-term lease, backed by Meijer credit.  This is a rare amenity for renters in Indianapolis.

Discerning residents have limited options in an urban-suburban setting and will continue to thrive in this asset for many years to come.

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The Coil Apartments
151 Units
6349 N College Ave.
Indianapolis, IN  46220
Type:  Multifamily
Closed: 11/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the approximate 24 Acre Horizon South Parkway Land located in Grovetown, Georgia. This parcel is situated off of Horizon South Parkway in the very desirable Columbia County. Horizon South Parkway Land represents an outstanding opportunity to invest in one of Augusta’s most prominent locations with significant barriers to entry.
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The Station at Brighton
304 Units
1000 Station Drive
Grovetown, GA  30813
Type:  Multifamily
Closed: 11/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Legacy of Athens apartment community located in Athens, Clarke County, Georgia. This asset is situated in the sought-after area of Eastside Athens, characterized by its easy access to essential retail (Publix, Kroger, and plentiful restaurants) as well as University of Georgia’s excellent, expanding veterinary teaching hospital. Built in 1968, Legacy of Athens represents an outstanding opportunity to invest in a value-add-ready asset located in one of the state’s most fundamentally desireable markets. Notably, Athens’ annual effective rent growth of 5.6% (vs. 2.5% nationally) ranked eighth highest of "Axio Top 120 Markets" in Q12018.
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Legacy of Athens
240 Units
100 Ashley Circle
Athens, GA  30605
Closed: 11/19/2018

The subject properties located at 2933-2977 24th Street & 1205 Alabama Street comprise a mixed-use apartment building situated in the heart of the Mission neighborhood of San Francisco. The properties consist of three residential units and three ground floor commercial units. The ground floor retail tenants include a jewelry shop, a hair salon, and a bakery that has been in business for over 50 years.

These buildings are located on 24th Street in the heart of one of the busiest retail and entertainment corridors in the Mission District and only 6 blocks from the 24th Street BART station providing residents convenient transportation. Known as one of San Francisco’s most culturally diverse and artistically flourishing neighborhoods, The Mission District is highly attractive to tenant with its restaurants, street murals, coffee houses, boutiques, and parks. The properties are within walking distance of famed Valencia Street, Potrero Hill, and Dolores Park. The area is serviced by excellent public transportation options, and also boasts a walk score of 95 and an even higher bike score of 99.

*The Property is offered unpriced to qualified parties on a best-offer basis with a potential bid deadline to be determined.

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24th & Alabama
6 Units
2933 24th Street
San Francisco, CA
Closed: 11/16/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Copus 1 Indian Trail apartment community in the exploding Charlotte, NC suburb of Indian Trail. Built in 2017, and one of only two properties within three miles delivered after 2000, Copus 1 Indian Trail is the premier asset in the underserved Union County submarket. Recently stabilizing in Feb-2018 after an impressive one-year lease-up, the property offers immediate organic upside within a competitive environment that is insulated from future supply and boasts a high rent growth ceiling. In addition, Copus 1 Indian Trail is supremely positioned in the desirable town of Indian Trail - a region defined by affluence, dominant white collar employment, and exponential population and job growth.
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Copus 1 Indian Trail
204 Units
1021 Glenn Valley Lane
Indian Trail, NC  28079
Type:  Multifamily
Closed: 11/15/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the investment opportunity to acquire Broadstone Plantation – a premier 250-apartment home asset located in Plantation, Florida. The property is comprised of a mix of five-story midrise buildings and three-story garden buildings with a combined average unit size of 989 square feet.

Broadstone Plantation is centrally located in Plantation and provides access to over 2.9 million square feet of office making it one of South Florida’s most dynamic live and work environments. The property opened in August 2017 and represents the newest era of garden apartments while setting the standard for luxury apartment living with market leading finishes, amenities and accessibility.

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Broadstone Plantation
250 Units
6901 W Sunrise Boulevard
Plantation, FL  33313
Closed: 11/13/2018