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:  Multifamily
Closed: 1/4/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 351-unit 500 Northside apartment community located in Midtown Atlanta, Fulton County, Georgia. This asset, situated three miles north of downtown Atlanta, provides strategic access to Atlanta’s primary employment/retail hubs in Atlantic Station, Midtown, Downtown, and Buckhead. Built in 1968-1970, 500 Northside represents an outstanding opportunity to invest in one of Atlanta’s most desirable locations with incredible value-add upside.
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500 Northside
351 Units
500 Northside Circle
Atlanta, GA  30309
Type:  Multifamily
Closed: 12/28/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Chace Lake Villas apartment community located in Birmingham, Alabama. This asset offers an outstanding location for tenants within the Riverchase PUD, and the asset is within walking distance of 2.8 million square feet of retail and a five-minute drive to 10,000+ jobs. Built in 1996, Chace Lake Villas represents a clear-cut opportunity to invest in an asset with quality construction and an in-place value add campaign, creating significant room for revenue growth for the next investor.
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Chace Lake Villas
264 Units
98 Chace Lake Parkway
Birmingham, AL  35244
Type:  Multifamily
Closed: 12/28/2017
Mesa Royale is a 152-unit, two-story, garden-style complex built in 1985. It is comprised of 17 rental buildings with block constructed and pitched tile roofs. This well maintained property is individually metered for utilities and serves as an active retirement community for adults over the age of 55. Tenants are offered numerous amenities including a swimming pool and spa, clubhouse, fitness center, ninehole putting green, beauty salon, fully equipped kitchens, washer/dryers in unit, walk-in closets, and patios/balconies. These amenities are second to none for a community of this vintage, in this location.
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Mesa Royale
152 Units
1825 North Stapley Road
Mesa, AZ  85203
Closed: 12/28/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 180-unit The Belmont apartment community located in Biloxi, Jackson County, Mississippi. This asset is situated in desirable north Biloxi, convenient to downtown and a diverse economic base. Built in 2005, The Belmont offers an outstanding opportunity to invest in a newer deal with value add potential.
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The Belmont - Biloxi
180 Units
14801 Lemoyne Boulevard
Biloxi, MS  39532
Closed: 12/28/2017
Sold
Trotters Pointe
240 Units
2400 E Main Street
Greenwood, IN  46143
Type:  Multifamily
Closed: 12/28/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listings of the 215-unit, 1972-built Quail Hollow apartments and the 100-unit, 1981-built West Winds apartments located in the Columbia MSA. While both properties are located off of Interstate-26, Quail Hollow offers easy access to the area’s major economic drivers, and West Winds provides close proximity to the city’s premiere retail corridor and top-notch recreation. With interior value-add programs in place at both properties, new ownership has the opportunity to grow annual NOI at Quail Hollow and West Winds by an additional 17% and 23%, respectively.
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Quail Hollow & West Winds (2 properties, 315 units)
Quail Hollow (portfolio sale)
215 Units
2700 Feather Run Trail
West Columbia, SC  29169
Type:  Multifamily
Closed: 12/27/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Grove at Spring Valley – a 152-unit apartment community in Columbia, SC. Built in 1992, the asset offers investors the opportunity to capture a powerful 62% boost to NOI through a market-proven, multi-pronged value-add approach. Encouraging operational trends and over $2.1 Million in capital invested since 2014 afford new ownership an exceptional starting point. The property is well-positioned in an affluent, suburban location that boasts striking economic demographics and premier retail options within a one-mile radius. The Grove at Spring Valley is also situated in close proximity to major employment centers in Columbia – an MSA with favorable projections in rent growth, vacancy, and total employment.
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The Grove at Spring Valley
152 Units
127 Sparkleberry Lane
Columbia, SC  29223
Type:  Multifamily
Closed: 12/27/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listings of the 215-unit, 1972-built Quail Hollow apartments and the 100-unit, 1981-built West Winds apartments located in the Columbia MSA. While both properties are located off of Interstate-26, Quail Hollow offers easy access to the area’s major economic drivers, and West Winds provides close proximity to the city’s premiere retail corridor and top-notch recreation. With interior value-add programs in place at both properties, new ownership has the opportunity to grow annual NOI at Quail Hollow and West Winds by an additional 17% and 23%, respectively.
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Quail Hollow & West Winds (2 properties, 315 units)
West Winds (Portfolio Sale)
100 Units
105 Hillpine Road
Columbia, SC  29212
Type:  Multifamily
Closed: 12/27/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit ARIUM Homeplace apartment community located in the highly desirable Prattville, Alabama. Prattville has observed 40% population growth since 2000, and James Hardie just announced a $220M project (200+ new jobs) just 2.5 miles southwest of the subject. This asset is situated within the master-planned Homeplace community, consisting of nearly three million square feet of retail space, Capitol Hill Golf Club, upscale residential, and a Marriott hotel. Built in 2014, ARIUM Homeplace offers the investor the opportunity to acquire Prattville’s premier multifamily community, boasting Humphrey’s Big House Design and top tier luxury amenities. The next investor will be acquiring an asset with a powerful lease trajectory and a track record of collections growth.
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ARIUM Homeplace
240 Units
790 Old Quarters Road
Prattville, AL  36066
Type:  Multifamily
Closed: 12/21/2017
Property Tours:
  • Thursday, July 20, 2017
  • Thursday, July 27, 2017
  • Thursday, August 3, 2017
  • Thursday, August 10, 2017
  • Wednesday, August 16, 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 excited to present the exclusive listing of the 320-unit Mariner Grove apartment community located in Savannah, Georgia. A premier Class A new construction asset located just east of the downtown Savannah core, Mariner Grove is uniquely positioned along the path of $1B of planned eastward development which will ultimately directly connect the property to the historic district. Mariner Grove offers an unmatched pristine natural setting among hundreds-year-old oak trees accented by immense greenspace, best-in-class amenities and finishes - all of which are virtually unseen among direct competitors in highly underserved historic downtown. Downtown’s extremely limited, under-amenitized inventory combined with Mariner Grove’s impressive lease-up will amount to substantial stabilized rent growth by 2018.

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Mariner Grove
320 Units
2010 East President Street
Savannah, GA  31404
Type:  Multifamily
Closed: 12/21/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Heritage at Riverstone apartment community located in Canton, Cherokee County, GA. With direct interstate access, a low cost of living, high-quality educational opportunities, and readily available and expanding healthcare facilities, Cherokee County has become a desirable north metro Atlanta suburb. Built in 2001, Heritage at Riverstone represents is a Class A asset located in a burgeoning submarket with unmatched population growth and limited multifamily development due to the recently passed moratorium. These factors, coupled with a strong surrounding demographic profile, have led to strong historical property performance. With demand for upgraded interiors evident at the subject property and in the submarket, Heritage at Riverstone is an excellent investment opportunity
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Heritage at Riverstone
240 Units
101 Heritage Drive
Canton, GA  30114
Type:  Multifamily
Closed: 12/20/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 415-unit Serenity at Three Rivers apartment community in West Columbia, SC. Built in 1968 - 1974, Serenity at Three Rivers is ideally located just 2 miles west of Downtown Columbia, providing convenient access to major employment centers in both Richland and Lexington counties. The property is finalizing a $5.0 Million CapEx program focused on capital preservation and has fully upgraded eight units that are obtaining $100 - $145 rent premiums on average. In addition, the newly stabilized property offers tremendous organic upside as current rents are $262 below the submarket average. With a comprehensive value-add program bringing rents up to submarket averages, Serenity at Three Rivers would post an additional $1.3 Million in annual NOI.
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Serenity at Three Rivers
415 Units
100 Riverbend Drive
West Columbia, SC  29619
Type:  Multifamily
Closed: 12/20/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Palmetto Grove, a 368-unit garden apartment community located in the heart of North Charleston just minutes from Downtown 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 (36,000 jobs), the new Mercedes-Benz plant (1,300 jobs) and Volvo plant (2,000 jobs). The property offers significant upside as current rents trail the submarket by $89 and nearby Class A competitors by $192 to $247 on average. The property is also located adjacent to Ingleside - a 1,500 acre mixed-use development currently under construction that will feature over 8 million SF of office, industrial and retail space.
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Palmetto Grove
368 Units
7927 St. Ives Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 12/18/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit The Park at London apartment community located in Ellenwood, Clayton County, Georgia in south metro Atlanta’s Southern Crescent region. This asset is strategically located six miles southeast of Hartsfield-Jackson Atlanta International Airport, and benefits from numerous employment drivers in the rapidly expanding aerotropolis district. Built in 1988, The Park at London represents an outstanding opportunity to invest in a solid, performing asset which possesses proven value-add potential.
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The Park at London
240 Units
2445 Rex Road
Ellenwood, GA  30294
Type:  Multifamily
Closed: 12/18/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Arbor Creek, a 280-unit, 1969-built garden apartment community located in Raleigh, NC. Conveniently situated in the Cary submarket of the explosive Raleigh-Durham MSA, Arbor Creek provides tenants with close proximity to the area’s premier retail destinations and economic drivers, and a highly sought after school system. Additionally, the submarket’s projected rent growth and occupancy rates of 13% and 97%, respectively, will complement property performance for years to come. With over $3 million in CapEx recently completed, Arbor Creek is a low-maintenance, clean asset with two different levels of proven value-add that have potential to increase annual NOI up to 15% upon completion.
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Arbor Creek
280 Units
5400 Portree Place
Raleigh, NC  27606
Type:  Multifamily
Closed: 12/15/2017
Sold
Avery Point
512 Units
8525 Laurel Valley Drive
Indianapolis, IN  46250
Type:  Multifamily
Closed: 12/15/2017
COMING SOON
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Galway Place Townhomes
36 Units
11184 Hanson Blvd NW
Coon Rapids, MN  55433
Closed: 12/15/2017
    Tours Starting September 12th:
    • Tuesdays 10:00am - 3:00pm
    • Wednesdays 10:00am - 3:00pm
    • Thursdays 10:00am - 3:00pm

    Riverwalk Townhomes and Flats, located in the historic North Loop Neighborhood of Minneapolis, offers brick and timber design with walkable access to light rail, five Fortune 500 headquarters, nightlife, sports venues and an impressive array of award-winning restaurants. The North Loop is the metro’s highest profile urban neighborhood and its multifamily properties consistently perform at 98% occupancy or better. This Riverwalk offering presents investors the rare opportunity to acquire an irreplaceable North Loop asset with tremendous upside potential through in-unit renovations.

    The asset features 40 townhouse style units and 56 flats. All units offer stacked washers/dryers, individual HVAC, exposed brick/timber and high ceilings. The property is offered free and clear of existing financing and bids will be accepted on Wednesday October 4th. Tours will be scheduled Tuesday, Wednesday and Thursday between the hours of 10:00am and 3:00pm, beginning Tuesday, September 12th.

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Riverwalk Townhomes & Flats
96 Units
50 N 4th Ave
Minneapolis, MN  55401
Type:  Multifamily
Closed: 12/15/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Broadway at East Atlanta apartment community located in DeKalb County, Georgia. This close-in metropolitan asset benefits from proximity to I-20 and I-285, providing easy connectivity to numerous employment drivers. Built in 1967, Broadway at East Atlanta presents investors with the opportunity to acquire a strong performing property with value-add upside in one of Atlanta’s hottest urban submarkets.
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Broadway at East Atlanta
176 Units
1930 Flat Shoals Road SE
Atlanta, GA  30316
Type:  Multifamily
Closed: 12/14/2017
Property Tours:
  • Tuesday, August 8, 2017
  • Tuesday, August 15, 2017
  • Tuesday, August 22, 2017
  • Tuesday, August 29, 2017
  • Tuesday, September 5, 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 200-unit Dunfield Place apartment community, located in north Atlanta’s city of Lawrenceville. Conveniently located along I-85, Dunfield Place is situated within the South Gwinnett submarket: one of metro Atlanta’s top performing submarkets. The subject is located within minutes of over 4M SF of Class A office space, thousands of jobs, national retail, and major entertainment centers. A highly regulated apartment market, stout community opposition to new development, and metro leading net-migration and population growth create enormous demand for apartments in Gwinnett County, driving organic rent growth. Dunfield Place presents an excellent opportunity to acquire a strongly performing asset, with a proven value-add program, well below replacement cost.

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Dunfield Place
200 Units
3525 Club Drive
Lawrenceville, GA  30044
Type:  Multifamily
Closed: 12/14/2017
Located north of the northwest corner of 145th Avenue and McDowell Road, within the Palm Valley Master Planned Community in Goodyear, Arizona, this 10.42 acre multifamily development site is approved for 188 total apartment units (18 units per acre). Utilities are provided to site.
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145th Avenue & McDowell Road Site
10.42 Acres
N/NWC 145th Avenue & McDowell Road
Goodyear, AZ  85395
Type:  Land
Closed: 12/13/2017
Sold
Deer Valley Apartments
224 Units
30011 N Waukegan Rd
Lake Bluff, IL  60044
Closed: 12/13/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of Park at Clearwater, a 280-unit, 2000 / 2004-built apartment community in Aberdeen, NC. Fueled by its proximity to Fort Bragg, the local economy has blossomed in recent years, posting superior market fundamentals to both the state and Fayetteville. The property’s convenient location offers premiere retail at a walking distance and easy accessibility to the area’s primary economic drivers. Built in 2000 / 2004 with a unique architectural style and following a capital infusion of nearly $650,000, Park at Clearwater is a low-maintenance, quality asset with a proven in-place value-add program. With rents trailing the submarket average and upgraded units proving $95 monthly premiums, incoming investors will have the opportunity to boost annual NOI by an impressive 26%.
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Park at Clearwater
280 Units
800 Churchill Downs Drive
Aberdeen, NC  28315
Type:  Multifamily
Closed: 12/13/2017