The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 64-unit Salem Chase apartment community located in Conyers, Georgia. This asset is situated in Rockdale County along East Atlanta’s path of progress, which is fueled by easy access throughout Metro Atlanta via I-20. The strong industrial East Side job market has resulted in excellent rent growth in the submarket. Built in 2006, Salem Chase offers an outstanding opportunity to invest in a solid-performing asset with value-add upside.
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Salem Chase
64 Units
50 Salem Chase Drive
Conyers, GA  30013
Closed: 11/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Estates at Barrington apartment community located in Macon, Bibb County, Georgia. This asset is situated in the charming Barrington Hall community in Northwest Macon, desirable for its unique neighborhood setting paired with excellent access to the market’s finest retail corridors. Macon’s excellent apartment market fundamentals have made way for proven value-add renovation strategies as well as new development that is raising the rent ceiling for the Class A market. Built in 1995, Estates at Barrington Hall arrives generously amenitized and in prime condition to benefit from an aggressive value-add strategy with potential to increase potential annual income by more than $333K.
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Estates at Barrington
176 Units
301 Barrington Hall Drive
Macon, GA  31210
Type: Conventional
Closed: 11/15/2019
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Hillwood
118 Units
1 Gatsby Drive
Montgomery, AL  36106
Type: Conventional
Closed: 11/15/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 302-unit Lively Indigo Run apartment community located in Ladson, SC. Featuring awe-inspiring curb appeal, top-of-the-line interiors and a market leading amenity package, Lively Indigo Run is truly the premier multifamily asset in the Ladson area of North Charleston. With convenient I-26 access, the property is just minutes from Downtown Charleston as well as major employment centers including Boeing (8,200 jobs), Joint Base Charleston (22,000 jobs), the new Mercedes-Benz plant (1,300 jobs) and Volvo plant (2,000 jobs). Located within the Ingelside mixed-use development micromarket, the property offers an unmatched quality of life and is in close proximity to North Charleston’s most coveted retail and entertainment destinations. Lively Indigo Run is uniquely positioned to capitalize on long-term favorable market fundamentals.
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Lively Indigo Run
302 Units
9255 Blue House Road
Ladson, SC  29456
Type: Conventional
Closed: 11/15/2019
Properties May Be Purchased Together or Individuallly

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 136-unit South Tampa Value-Add Multifamily Portfolio located in Tampa, Florida. The portfolio is comprised of the 48-unit Palms at Ballast Point, and the 88-unit Sun Bay Apartments, located about 1/2 mile from each other. The properties have the benefit of being in one of the highest rent growth submarkets in Tampa Bay (6.6% YoY) and have an opportunity to increase effective rents by $239 through implementing our proposed renovation plan on 100% of the units.

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South Tampa Value-Add Portfolio (2 properties, 136 units)
Palms at Ballast Point
48 Units
3729 W. Tyson Avenue
Tampa, FL  33611
Type: Conventional
Closed: 11/15/2019
Properties May Be Purchased Together or Individuallly

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 136-unit South Tampa Value-Add Multifamily Portfolio located in Tampa, Florida. The portfolio is comprised of the 48-unit Palms at Ballast Point, and the 88-unit Sun Bay Apartments, located about 1/2 mile from each other. The properties have the benefit of being in one of the highest rent growth submarkets in Tampa Bay (6.6% YoY) and have an opportunity to increase effective rents by $239 through implementing our proposed renovation plan on 100% of the units.

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South Tampa Value-Add Portfolio (2 properties, 136 units)
Sun Bay
88 Units
3730 W Bay Avenue
Tampa, FL  33611
Type: Conventional
Closed: 11/15/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Shoreham apartment community located in Albany, Dougherty County, Georgia. This asset is situated in the desirable Northwest Albany area along arterial corridor, Dawson Road, which quickly connects residents to the market’s premier retail and major job hubs. Built in 1968, Shoreham represents an outstanding opportunity to invest in a moderately renovated, value-add primed asset, poised to benefit from several new jobs coming in the next 12 months, including a brand new hospital (350 jobs) and Georgia-Pacific’s new lumber plant (230 jobs).
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Shoreham
176 Units
2001 Dawson Road
Albany, GA  31707
Type: Conventional
Closed: 11/14/2019

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 267-unit Lexingotn Apartment Homes community located in Sarasota, Florida.

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The Lexington
267 Units
3510 Cheshire Square
Sarasota, FL  34237
Closed: 11/14/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 202-unit Axiom apartment community located in the Charlotte, North Carolina. This asset is situated in rapidly expanding eastern Charlotte along a very desirable thoroughfare, which provides convenient access to 250,000 jobs within a 15-minute drive, as well as convenience to the most popular entertainment hubs throughout the city. Strong demographic trends show a 15% increase to household income over the next 5 years and an unemployment rate below 4% in the immediate three-mile radius. Built in 1987, Axiom represents an outstanding opportunity to invest in an untapped value-add that would realize $150-250 rental premiums and see an annual NOI Boost of nearly $475K representing a 57% increase over current levels.
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Axiom Apartments
202 Units
5625 Keyway Boulevard
Charlotte, NC  28215
Type: Conventional
Closed: 11/13/2019

Brookview Apartments is an attractive 220 unit community that has been well maintained by the original owner and is located on 25.66 acres on Indianapolis’ east side. Built in 1975, the property has mature trees, vast greenspace and a large stocked lake.

The property offers an attractive unit mix of 1 and 2 bedroom garden style units and 2 or 3 bedroom townhomes with beautiful open floorplans. There remains upgrade potential by adding washer / dryer hookups and machines, a bark park, a grilling station by the pool and creating a walking path around the lake.

Brookview is located one street north of busy Washington Street (US 40) and just east of Interstate -465 (Indianapolis’ interstate beltway) on the city’s suburban east side. The location provides the community with a quiet atmosphere while being exceptionally convenient to dining, shopping and major employment centers.

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Brookview
220 Units
1151 Aqua Vista Dr
Indianapolis, IN  46229
Type: Conventional
Closed: 11/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Inspire SouthPark, a generational, 369-unit NGBS-Bronze-Certified apartment community located in Charlotte’s most affluent submarket of SouthPark. As one of the most sought-after residential locations in the Southeast, SouthPark is infill Charlotte’s premier live-work-play destination defined by upscale retail, trendy restaurants, and Fortune 500 employment centers across a walkable urban backdrop. Recognized as the city’s "Best Residential Development" by the Charlotte Business Journal at the 2018 CRE Heavy Hitters Awards, Inspire SouthPark boasts best-in-market amenities focused on micro-experiences, a distinguished presence along heavily-trafficked Sharon Road, and the neighborhood’s best access to Charlotte’s CBD. With stabilization imminent following Inspire SouthPark’s remarkably rapid lease-up, investors are ideally positioned to realize embedded rent growth driven by the continuation of lease-up burn off, attractive fundamentals highlighted by blue-chip renter profiles, and catalyzing new development that will redefine SouthPark’s positioning as Charlotte’s premier submarket.
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Inspire SouthPark
369 Units
345 Sharon Township Lane
Charlotte, NC  28211
Type: Conventional
Closed: 11/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Salem Terrace apartment community located in Covington, Georgia in eastern suburban Atlanta. Newton County is strategically located along East Atlanta’s prolific I-20 corridor. The strong east side manufacturing base has resulted in excellent submarket fundamentals. Built in 1977, Salem Terrace has proven value-add upside and represents an outstanding investment opportunity.
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Salem Terrace
70 Units
3400 Salem Road
Covington, GA  30209
Type: Conventional
Closed: 11/7/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Belvoir - 100 multifamily units located in Chattanooga, Hamilton County, Tennessee. Strategically located just 15 minutes from downtown Chattanooga, the property offers quick accessibility to major employers, health care, and retail centers via I-24. Built in 1970, The Belvoir represents an outstanding opportunity to acquire a true value-add asset in a thriving market.
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The Belvoir
100 Units
3725 Fountain Avenue
Chattanooga, TN  37412
Type: Conventional
Closed: 11/7/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Laurel View, a newly-constructed 174-unit apartment community in Charlotte, NC’s thriving suburb of Concord. Recently stabilized in Feb-2019 after rapid absorption, Laurel View offers new ownership the chance to acquire a brand new asset poised for immediate rent growth to close the current $160+ gap to class A competitors in Concord - an affluent suburban submarket defined by well-educated residents and dominant white collar employment. Concord’s diminishing supply pipeline ideally positions Laurel View within an insulated competitive submarket that offers blue-chip convenience to expanding lifestyle amenities and Charlotte’s most prominent job centers via seamless access to I-85.
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Laurel View
174 Units
350 Joshua Place NW
Concord, NC  28027
Type: Conventional
Closed: 11/6/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present 13thirteen Randolph Street Lofts the premier, luxury boutique building in West Loop’s Fulton Market District. Originally home to Chicago’s Wholesale Florist Exchange, the historical building along with an adjacent building were renovated in 2013 to include studio, one-and two-bedroom apartments with Class A amenities and 31,476 square footage of fully leased ground floor retail. The Fulton Market District has seen explosive growth since 13thirteen Randolph Street Lofts was delivered. Both Google and McDonald’s headquarters have moved to the West Loop to be a part of the over 5 million square feet of office space in the district. Home to West Randolph Street restaurant row and some of the city’s hottest dining destinations, Fulton Market District has become ground zero for Chicagoans wanting to be a part of everything important in the city.
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13thirteen Randolph Street Lofts
74 Units
1313 W. Randolph
Chicago, IL  60607
Type: Conventional
Closed: 11/4/2019
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present this rare off-market opportunity, Springdale Apartments, in the strong Milwaukee suburb of Waukesha. Springdale is a well maintained 199 unit property built in 1973 with 97% occupancy located less than a mile from I-94 making for a short 20 minute commute to downtown Milwaukee and surrounding suburbs. Current ownership is seeing premiums up to $150 for the 20 units they have renovated and there is plenty of meat on the bone for new ownership to continue a value-add program to create a niche property in the market that will continue to attract tenants from nearby major employers like Briggs & Straton, GE Healthcare, ProHealth Care, Generac Holdings, and Fiserv.
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Springdale Apartments
199 Units
2415 Springdale Rd,
Waukesha, WI  53186
Type: Conventional
Closed: 11/4/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 250-unit, 180 West apartment community located in Carrboro, NC. Built in 1987, 180 West offers an outstanding opportunity to invest in a quality asset that received an investment of $875,000 since 2017. After a recent new construction of 94 units in the area in the past 12 months, no new supply is in the delivery pipeline through 2023, of which Carrboro has not seen any new multifamily developments in 10 years. The growing demand of Chapel Hill paired with Carrboro’s high barriers for new supply poises the property for consistent returns and an opportunity to boost annual NOI by 26% through implementation of a proven value add program, evidenced by higher rental rates at inferior competitor properties.
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180 West
250 Units
180 BPW Club Road
Carrboro, NC  27510
Type: Conventional
Closed: 11/1/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Sage Partners Real Estate Solutions are pleased to present the exclusive listing of Olympus Chenal Valley - 216 units located in Little Rock, AR. The subject is ideally positioned in the desirable Chenal Valley section of NW Little Rock, where HH incomes average $117K+ within a 1-mile radius. Current ownership has invested over $3.6M on interior, exterior, and amenity upgrades - creating in-place organic rent growth and upward income trajectory. The asset features 41 "Platinum" upgrades achieving up to $225 eff. rent premiums, leaving 80%+ of interiors for the next investor to fully round out the community. Originally constructed in 1998 and heavily rehabbed in 2017-2019, Olympus Chenal Valley presents the opportunity to acquire a quality physical plant with proven value add demand in a top-tier submarket.
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Olympus Chenal Valley
216 Units
16401 Chenal Valley Drive
Little Rock, AR  72223
Closed: 11/1/2019
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Ridge at Crestwood
344 Units
7716 Sunrise Circle
Birmingham, AL  35210
Closed: 11/1/2019
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Country Village Apartments
44 Units
8141 Fair Oaks Blvd
Carmichael, CA  95608
Type: Conventional
Closed: 10/31/2019

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Park Village apartment community located in Orange Park, Florida. The asset is situated in the desirable Orange Park submarket currently experiencing 10.2% YoY rent growth. Built in 1968, Park Village offers an outstanding value-add opportunity that would result in the ability to raise effective rents $281 and earn a 24% return on investment after implementation of the proposed value-add plan.

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Park Village
120 Units
741 Park Avenue
Orange Park, FL  32073
Closed: 10/31/2019
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Arch Street
267 Units
100 Arch Street Place
Huntsville, AL  35758
Type: Conventional
Closed: 10/30/2019
Irreplaceable Location in one of Orlando’s Most Dynamic Submarkets

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Haven at Reunion, a brand-new apartment home community in Kissimmee, Florida. The 338-unit property consists of three-story garden style buildings with an average unit size of 989 square feet. Developed in 2019, the property consists of a mix of one-, two- and three-bedroom residences with expansive common area amenities and market leading finishes. The location of Haven at Reunion is just minutes from I-4 providing residents with excellent access to the areas’s top employers such as Walt Disney World, Universal Studios, NeoCity, Lake Nona, Darden Restaurants, Lockheed Martin, and AdventHealth.

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Haven at Reunion
338 Units
7995 Haven Way
Kissimmee, FL  34747
Type: Conventional
Closed: 10/29/2019

The Abbey Lane is comprised of 100 one and two bedroom apartment units ranging in size from 839 sf to 1,398 sf. The property offers residents a serene setting amongst a mature wooded area and naturally meandering Coffee Creek. With amenities like a dog park, fitness center, pool, tennis court and playground, Abbey Lane is an idea place for a wide variety of residents.

Over the past 12 months, the property has undergone significant capital projects ($850,000+) including cosmetic interior upgrades to a select number of units, replacement of windows in 33 units, refreshed interior hallways as well as a minor clubhouse renovation and other deferred maintenance items (rebuilding of balconies, bridge reinforcement, etc.). The property is positioned well for the new ownership to purchase a stable, partially renovated property in an attractive location with ample opportunity to create upside.

Minutes from I-94 (to the north) and I-80 (to the south), Abbey Lane is ideally located in the heart of Indiana’s Northwest most affluent county (Porter). Access to Chicago is less than an hour’s drive or a 50-minute commute via the South Shore Line (train).

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Abbey Lane
100 Units
120 Abbey Lane
Chesterton, IN  46304
Type: Conventional
Closed: 10/25/2019