Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire The Queue Apartments (the "Property") - a 191-unit. Class-A, trophy residential asset located in downtown Fort Lauderdale, Florida. This brand new asset is being offered for the first time by its developer. The Queue uniquely provides residents a combination of luxury finishes and amenities, walkability, and connectivity to downtown and I-95. Attractive total monthly rents are below its competitive set while being centered in the rapidly growing "South of the River" downtown Fort Lauderdale neighborhood.
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Queue Apartments
191 Units
817 SE 2nd Avenue
Fort Lauderdale, FL  33316
Closed: 2/21/2018
Property Tours:
  • Wednesday, September 20, 2017
  • Tuesday, September 26, 2017
  • Wednesday, October 4, 2017
  • Thursday, October 19, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 712-unit Lexington Portfolio consisting of two apartment communities (Raintree and Stoney Brooke) located in Lexington, Fayette County, Kentucky. The properties share a similar vintage and location, sitting adjacent to one another, offering new ownership economies of scale and operational efficiencies. With limitations on new multifamily, submarket occupancy and rents have continued to climb, leading to strong property performances. With demand for upgraded units in the submarket, the Lexington Portfolio is an excellent opportunity to acquire a true value-add investment.

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Lexington Portfolio (2 properties, 712 units)
Raintree
480 Units
175 N. Locust Hill Drive
Lexington, KY  40509
Type: Conventional
Closed: 2/21/2018
Property Tours:
  • Wednesday, September 20, 2017
  • Tuesday, September 26, 2017
  • Wednesday, October 4, 2017
  • Thursday, October 19, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 712-unit Lexington Portfolio consisting of two apartment communities (Raintree and Stoney Brooke) located in Lexington, Fayette County, Kentucky. The properties share a similar vintage and location, sitting adjacent to one another, offering new ownership economies of scale and operational efficiencies. With limitations on new multifamily, submarket occupancy and rents have continued to climb, leading to strong property performances. With demand for upgraded units in the submarket, the Lexington Portfolio is an excellent opportunity to acquire a true value-add investment.

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Lexington Portfolio (2 properties, 712 units)
Stoney Brooke
232 Units
175 North Mt. Tabor Road
Lexington, KY  40509
Type: Conventional
Closed: 2/21/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Murano at Grande Lakes (the Property). Murano is an iconic suburban residential mid-rise located in South Orlando, just south of the Beachline Expressway directly across John Young Parkway from Darden Restaurants 650,000 corporate Headquarters, and just north of the 500-room Ritz Carlton and 1,000-room, JW Marriott. It is strategically located between Orlando’s International Drive Tourist Corridor and the Orlando International Airport.

Murano is where luxury living meets a premier Orlando location. This coveted and irreplaceable four-story, surfaced parked asset opened in April 2016 and comprises 240 luxury apartment homes and 434 parking spaces. Upgraded finishes and resort-style amenities blend modern living with all the traditions of home.

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Murano
240 Units
9932 Grande Lakes Blvd
Orlando, FL  32837
Type: Conventional
Closed: 2/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 96-unit Planters Trace apartment community. The property is located in the heart of the West Ashley neighborhood just minutes from Downtown Charleston. With convenient I-526 access, Planters Trace is located within close proximity to Downtown Charleston as well as 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). With recent targeted capex programs complete, new ownership will have the opportunity to complete the in-place value-add program (84% of units remaining) and add nearly $80,000 in annual NOI.
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Planters Trace
96 Units
2222 Ashley River Road
West Ashley, SC  29414
Type: Conventional
Closed: 2/15/2018
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Carlyle at South Mountain
552 Units
5151 East Guadalupe Road and 5102 East Piedmont Road
Phoenix, AZ  85044
Type: Conventional
Closed: 2/13/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 373-unit Avondale Forest apartment community located in Decatur, DeKalb County, Georgia. This asset is situated in walking distance of MARTA transit, just 2.4 miles east of downtown Decatur, the #1 neighborhood for Emory and CDC employees, and one of Atlanta’s most sought-after residential communities. The eastern Atlanta Decatur market is anchored by the recession-proof health care and education industries. Built in 1971 and 1974, Avondale Forest offers an outstanding opportunity to invest in an asset perfectly positioned for value-add returns.
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Avondale Forest
373 Units
3330 Mountain Drive
Decatur, GA  30032
Type: Conventional
Closed: 2/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 50-unit Jackson Place apartment community located in northeast suburban Atlanta, Jackson County, Georgia. Strategically located across from Northridge Medical Center and near numerous employment drivers, this boutique asset is less than 2 miles from I-85 and U.S.-Hwy. 441, and Tanger Outlet Commerce is 2.4 miles north. Built in 1997, Jackson Place offers an outstanding value-add opportunity in Atlanta’s Northeast Corridor, which is projected to outpace the rest of Atlanta Metro in population growth through 2030.
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Jackson Place
50 Units
136 Victoria Way
Commerce, GA  30529
Type: Conventional
Closed: 2/6/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in The Falls at Arden (the “Property”), a 272-unit apartment community located in Sacramento, California. Situated six miles east of Downtown Sacramento and two miles from California State University Sacramento, the Property provides residents convenient access to the region’s major employment centers. Upscale retail, dining, grocery and entertainment options are also in the immediate vicinity.

The Falls at Arden was built in 1986 and over $3.6 million worth of interior and exterior improvements have been completed since March 2016. The Property has a favorable mix of 72 studio units, 144 one-bedroom units, and 56 two-bedroom units. The clubhouse and fitness center have undergone a complete renovation while washers and dryers have been added to approximately 70% of the one and two bedroom units. These improvements have resulted in effective rent growth of 15.6% over the past 12 months.

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The Falls at Arden
272 Units
2345 Northrop Avenue
Sacramento, CA  95825
Type: Conventional
Closed: 2/1/2018
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Brentwood Court Apartments
197 Units
5307-5325 Marconi Avenue
Carmichael, CA  95608
Type: Conventional
Closed: 1/31/2018
Cushman & Wakefield is please to offer Mission Palms, a 125-unit, boutique style garden apartment community located in the highly desirable North Central area of Phoenix, Arizona. Mission Palms features a mix of one and two bedroom floor plans in an attractive park-like setting. Mission Palms' location on North 16th Street provides easy access to the major employment centers of the Camelback Corridor, Midtown and Downtown Phoenix as well as one of the Phoenix area's most dynamic restaurant scenes. Mission Palms also provides close proximity to shopping at Biltmore Fashion Park, the AZ-51 Freeway and the Phoenix Mountain Preserve.

Mission Palms offers five floor plans, a clubhouse, a WiFi-enabled coffee house, swimming pool and spa, barbecue areas, fitness center, laundry facility and gated access. Interior amenities include all-electric kitchens with dishwashers, vertical blinds and mini-blinds, pantries and walk-in closets in select units, ceiling fans, extra storage and private balconies/patios in select units.

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Mission Palms
125 Units
6131 N. 16th St.
Phoenix, AZ  85016
Closed: 1/31/2018
Cushman & Wakefield/The Lund Company (“C&W/Lund”) is pleased to present the Grandridge Apartments, located in Northwest Omaha, Nebraska. The property contains 470 homes, 432 garden-style apartments and 38 townhomes. Grandridge offers an investor the opportunity to acquire 470 units in a well-maintained community with a value-add component in the desirable and stable Omaha market. Grandridge benefits from an outstanding location next to an Elementary school, walking distance to grocery and quick interstate access. Residents benefit from short commutes to both the Omaha CBD and the busy West Dodge Corridor.

Grandridge allows investors to capitalize on Omaha’s well-diversified and stable economy fortified by nine Fortune 1000 companies, a burgeoning innovation scene and a fiscally-sound government. The Property is also minutes from premier universities, health centers and new developments. Most notably, the $1.2 Billion, 500 Acre, Boys Town redevelopment, with a plan for 1.4 million square feet of office, 500,000 square feet of retailer, a 300-room hotel, 1,500 apartments, 140 town houses and 440 single-family houses.

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Grandridge
470 Units
5439 North 100th Plaza
Omaha, NE  68134
Type: Conventional
Closed: 1/25/2018
Property Tours:
  • Wednesday, October 18, 2017
  • Wednesday, October 25, 2017
  • Wednesday, November 1, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit apartment community located in Athens, Clarke County, Georgia. This asset is situated in the strategically-located neighborhood of northwest Athens. Built in 1972, Westside Commons offers an outstanding opportunity to invest in an proven value-add opportunity.

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Westside Commons
137 Units
205 Westchester Drive
Athens, GA  30606
Closed: 1/23/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 350-unit Legacy Key apartment community, located in north Atlanta’s affluent city of Sandy Springs. Flanked between Roswell Road and Georgia-400, Legacy Key is situated within the Perimeter Center submarket: one of metro Atlanta’s largest employment bases and one of the Southeast’s largest Class A corporate office markets. With over $2M ($6K per unit) in capital improvements spent over the last two years, current ownership repositioned the property via exterior and amenity enhancements. Legacy Key offers a value-add continuation program within a high organic rent growth submarket, allowing new ownership to focus on maximizing value.
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Legacy Key
350 Units
8800 Dunwoody Place
Sandy Springs, GA  30350
Type: Conventional
Closed: 1/19/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 173-unit Cobblestone at Essen apartment community located in East Baton Rouge Parish, Baton Rouge, Louisiana. The Baton Rouge economy is strong with an unemployment rate and household income growth that outpace the state. The assets location adjacent to I-10 offers it excellent connectivity to the metros major employers as well as Louisiana State University. Additionally, the subject is proximate the Baton Rouge’s premier retail and entertainment districts. Cobblestone at Essen is a strongly performing asset positively trending gross potential rents and total collections in addition to a proven value-add program.
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Cobblestone at Essen
173 Units
5431 Essen Lane
Baton Rouge, LA  70809
Type: Conventional
Closed: 1/18/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 308-unit Manchester Place apartment community in Lithia Springs, GA. Manchester Place is located in one of the most desirable and rapidly expanding logistics/distribution markets in the Atlanta metro area: near the Fulton Industrial Boulevard Corridor, 15 miles east of the Central Business District, and 20 miles north of Atlanta’s Airport. The property is situated in the high barrier-to-entry Douglas County apartment submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily, occupancy and rent have continued to climb, leading to a strong historical property performance. With demand for upgraded interiors in the submarket, Manchester Place is an excellent opportunity to acquire a true value-add investment well below replacement cost.
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Manchester Place
308 Units
1600 Blairs Bridge Road
Lithia Springs, GA  30122
Type: Conventional
Closed: 1/18/2018

Offers due by Friday, July 15, 2016

Property Tours:
  • Thursday, June 16, 2016
  • Thursday, June 23, 2016
  • Thursday, June 30, 2016
  • Thursday, July 7, 2016
  • Thursday, July 14, 2016

Please contact one of the brokers listed on this page to discuss or schedule a tour.

Cushman & Wakefield is excited to present the 180-unit Grande Pointe apartments on the affluent eastern shore of Mobile Bay, in Daphne, Baldwin County, Alabama. Strategically located in a destination retail district known for its high quality of life and higher household incomes, Grande Pointe is nine miles east of downtown Mobile via direct highway access. Average income within a three-mile radius of the subject is $83,792, which is significantly higher than the metro average of $45,100. Grande Pointe residents also enjoy proximity to Gulf Coast beaches and the top schools in the Mobile MSA.
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Grande Pointe
180 Units
133 Lake Front Drive
Daphne, AL  36526
Type: Conventional
Closed: 1/17/2018
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Steeplechase Apartments, a 240-unit value-add apartment community in Largo, MD. Built in 1987, Steeplechase offers proven value-add upside through in-unit renovations at the Property garnering significant premiums. The Property’s highly desirable location in dynamic Largo, MD affords residents access to some of the area’s largest employers, desirable retail amenities and enhanced access via Metro. Steeplechase’s exceptional location and significant renovation upside presents investors with the rare opportunity to acquire a well maintained, value-add apartment community with significant growth prospects in the expanding Washington metro economy.
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Steeplechase Apartments
240 Units
150 Steeplechase Way
Largo, MD  20772
Closed: 1/15/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Plantation apartment community located in Mobile, Mobile County, Alabama. This asset is ideally situated in close proximity to Interstate 10, offering outstanding access to the Mobile Aeroplex and major business developments from Amazon and Walmart (1,500+ total jobs coming). Built in 1977, Plantation represents an outstanding opportunity to invest in a very stable property in a well demanded market.
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Plantation
120 Units
5725 Old Pascagoula Rd
Mobile, AL  36619
Closed: 1/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 370-unit The Reserve at Gwinnett apartment community located in Norcross, Gwinnett County, GA. This asset is situated in the high barrier-to-entry Gwinnett County apartment submarket, characterized by a highly regulated apartment market and stout community opposition to new developments. With metro leading net-migration and population growth, there is enormous demand for apartments in Gwinnett County. These factors, coupled with a strong organic rent growth and surrounding demographic profile, have led to better-than-market property performance. With demand for upgraded interiors evident at the subject property and in the submarket, The Reserve at Gwinnett is an excellent investment opportunity.
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The Reserve at Gwinnett
370 Units
1780 Graves Road
Norcross, GA  30092
Type: Conventional
Closed: 1/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 56-unit Harbor Crossing apartment community located in Bay Minette, Baldwin County, AL. This asset is situated in the desirable community of northeast Mobile, offering strong connectivity across the Gulf Coast. Built in 1998, Harbor Crossing represents an outstanding opportunity to invest in a recently repositioned asset, with an attractive physical plant and room to organically grow rents.
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Harbor Crossing
56 Units
603 S Dobson Ave
Bay Minette, AL  36507
Closed: 1/8/2018
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Tower on Ryan Park
141 Units
758 St. Michael Street
Mobile, AL  36602
Type: Conventional
Closed: 1/5/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Parkway Crossing, a 248-unit, 1974-built garden apartment community in East Asheville, NC. Located two miles from Interstate 240, Parkway Crossing is situated within close proximity to some of Asheville’s premier retail destinations, including the Asheville Mall, the largest mall in Western North Carolina. With effective rents trailing its competitors by $161 on average and only light upgrades completed on 28 of the units, the property is primed for a full-scale, market supported value-add program. Additional NOI growth can be achieved by implementation of a water submetering program.
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Parkway Crossing
248 Units
102 La Mancha Drive
Asheville, NC  28805
Type: Conventional
Closed: 1/4/2018
The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present Lee’s Landing a 136-unit value-add apartment community located in Newport News, VA. Built in 1987, Lee’s Landing has proven value-add upside with light in-unit renovations generating additional rental premiums. Investors will have the ability to continue or enhance these existing renovations. The Property’s highly desirable location with immediate access to major employers in Williamsburg and Newport News adds to the Property’s appeal. Lee’s Landings exceptional location, renovation upside and recent capital invested presents investors with the rare opportunity to acquire a well maintained, value-add apartment community with significant future growth prospects within the expanding Hampton Roads market.
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Lee's Landing
136 Units
104 Republic Road
Newport News, VA  23603
Closed: 1/1/2018