The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Magnolia Pointe at Madison apartment community located in the expanding city of Huntsville, Alabama. This asset maintains an A+ location within the desirable Madison suburban zip code, and is in close proximity to the region’s top economic drivers including Cummings Research Park, Redstone Arsenal, and Bridge Street Town Centre. West Huntsville is experiencing outstanding economic momentum, as a wealth of new retail/mixed use developments is on the way in conjunction with expanding industry. Built in 1991 with massive floor plans, Magnolia Pointe at Madison arrives to the market with stellar performance and proven value add returns.
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Magnolia Pointe at Madison
204 Units
7900 Old Madison Pike
Madison, AL  35758
Type:  Multifamily
Closed: 12/7/2017
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Scatterfield Villas
56 Units
1732 E. 50th St., Apt. A
Anderson, IN  46013
Type:  Multifamily
Closed: 12/6/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 296-unit, two-property portfolio consisting of Berkshire Manor (104 units - 1972) and Berkshire Manor West (192 units - 1979). The properties are located across the street from each other in Carrboro, NC just two (2) miles from the University of North Carolina at Chapel Hill. The portfolio offers an outstanding opportunity to invest in two (2) solid performing assets with proven value-add opportunity in an affluent Chapel Hill submarket sheltered from future supply.
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Berkshire Manor & Berkshire Manor West (2 properties, 296 units)
Berkshire Manor
104 Units
101 Highway 54 Bypass
Carrboro, NC  27510
Type:  Multifamily
Closed: 12/4/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 296-unit, two-property portfolio consisting of Berkshire Manor (104 units - 1972) and Berkshire Manor West (192 units - 1979). The properties are located across the street from each other in Carrboro, NC just two (2) miles from the University of North Carolina at Chapel Hill. The portfolio offers an outstanding opportunity to invest in two (2) solid performing assets with proven value-add opportunity in an affluent Chapel Hill submarket sheltered from future supply.
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Berkshire Manor & Berkshire Manor West (2 properties, 296 units)
Berkshire Manor West
192 Units
112 Highway 54 Bypass
Carrboro, NC  27510
Type:  Multifamily
Closed: 12/4/2017
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Flats at Fishers Marketplace
306 Units
9588 Ambleside Dr.
Fishers, IN  46038
Closed: 11/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 304-unit, 2013-built Springs at Greenville apartments in Greenville, SC. The property is located just off of Interstate-385 in the heart of the "Industry Triangle," home to 8 of the city’s 10 largest employers and 50,000 jobs. The property’s ideal location also give residents the pleasure of being able to walk to premiere retail destinations along Woodruff Road. Springs at Greenville is a core-plus asset built with a unique architectural style, and has support to boost NOI 14% through a comprehensive interior value-add initiative.
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Springs at Greenville
304 Units
1000 Oak Springs Drive
Greenville, SC  29615
Type:  Multifamily
Closed: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit Summer Chase apartment community located in Johnson City, Washington County, Tennessee. The 1983-built asset benefits from desirable demographics as well as robust monthly collections and consistently high occupancy levels. New ownership has the opportunity to increase revenue through completion of a market-supported, upgrade program.
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Summer Chase
96 Units
1811 West Lakeview Drive
Johnson City, TN  37601
Type:  Multifamily
Closed: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Terrace 31, a 79-unit apartment community located in Pelham, Shelby County, Alabama. This asset is situated in the desirable North Shelby County submarket. Built in 1972 / 1998 and renovated in 2015, the property represents an outstanding opportunity to invest in an upward trending asset within a well demanded submarket.
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Terrace 31
79 Units
2059 Little Mountain Circle
Pelham, AL  35124
Type:  Multifamily
Closed: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 94-unit Timberchase apartment community located in Birmingham, Jefferson County, AL. This asset is situated in close proximity to all employment and lifestyle amenities in the Birmingham Metro. Built in 1973, this well maintained property represents an outstanding opportunity to invest in an extremely stable cash flowing asset in a desirable Birmingham neighborhood.
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Timberchase
94 Units
925 Beacon Parkway East
Birmingham, AL  35209
Type:  Multifamily
Closed: 11/22/2017

Arcadia Gardens is a 76-unit, five-building, two-story former hotel that has been readapted to an apartment community. It is located on the northeast corner of 32nd Street and Earll Drive in the highly desirable Arcadia/Biltmore area of Phoenix, Arizona. This outstanding location is minutes away from major valley freeways, entertainment, shopping, dining, local schools and employment centers.

Arcadia Gardens features a new resort-style swimming pool, outdoor fire pit, barbecue area, state-of-the-art fitness center, two-story clubhouse, event and business center, WiFi cafe/bar, pet park, putting green, gated entry, covered parking and modern laundry facilities. Unit interiors have been fully remodeled and include such amenities as stainless appliances, quartz countertops, wood plank-style flooring, smooth texture walls, new cabinets and modern lighting.

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Arcadia Gardens
76 Units
3101 North 32nd Street
Phoenix, AZ  85018
Closed: 11/21/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit The Courtyards at Auburn apartment community located in Auburn, Alabama. This asset is situated in the heart of the Auburn-Opelika MSA, offering residents outstanding access to Auburn University, a state-ranked school system, a solid job core, and high quality retail nearby. Auburn is considered one of the fastest-growing cities in the nation. Built in 1964, 1984, and 1986, The Courtyards at Auburn offers an exceptional opportunity to invest in a property with strong historical performance and market-backed value add potential.
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The Courtyards at Auburn
240 Units
420 North Dean Road
Auburn, AL  36830
Type:  Multifamily
Closed: 11/17/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit The Quarters at Stones Bay located in Sneads Ferry, Onslow County, NC. The asset sits just 3 miles southwest of Camp Lejeune, the area’s largest economic driver. Built in two phases in 2012 and 2014, The Quarters at Stones Bay features an outstanding features and amenities package and presents an opportunity to acquire a top of the market asset at an attractive basis while building upon the already strong property-level economics. Additionally, there is an opportunity to develop 5 commercial outparcels totaling 9.89 acres to add additional scale at the property.
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Evolve at Stones Bay
240 Units
1001 Quarters Landing Circle
Sneads Ferry, NC  28460
Type:  Multifamily
Closed: 11/15/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Magnolia Ridge, a niche 84-unit garden apartment community located in Gaffney, SC. The property is strategically located in close proximity to historic downtown Gaffney and the nationally recognized Limestone College. The property is uniquely positioned in a market with minimal competition and an encouraging value-add story - offering a stable, cash-flowing investment with promising upside. With current rents trailing the submarket by $69, implementation of a value-add program would increase annual NOI by over 33%.
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Magnolia Ridge
84 Units
266 Goldmine Springs Road
Gaffney, SC  29340
Closed: 11/14/2017
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Two Itasca Place
70 Units
2 Itasca Rd
Itasca, IL  60143
Closed: 11/13/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present 901 Center Station, a 400-unit, 1972-built garden apartment community located in Durham, NC. Conveniently situated in a submarket of the explosive Raleigh-Durham MSA, 901 Center Station provides tenants with close proximity to the area’s premier economic drivers including Downtown Durham and the Duke University Health System. With over $3 million in CapEx recently completed, 901 Center Station is a low-maintenance asset with outstanding upside potential through an existing interior value-add initiative and water/sewer income collection from a recently completed submetering program.
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901 Center Station
400 Units
901 Chalk Level Road
Durham, NC  27704
Type:  Multifamily
Closed: 11/8/2017
Property Tours:
  • Wednesday, July 19, 2017
  • Wednesday, July 26, 2017
  • Wednesday, August 2, 2017
  • Wednesday, August 9, 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 298-unit Reserve Decatur apartment community located in Decatur, Atlanta’s #1 suburb. Built by renowned developer Atlantic Realty Partners in 2016, its top-of-market finishes and thoughtful design represents the pinnacle of modern multifamily construction. Located adjacent to over 200k SF of new and underway mixed-use development, including Whole Foods Market and a recently delivered Sprouts Farmers Market, the property’s immediate location is experiencing prolific transformation. Reserve Decatur represents the only opportunity to acquire a new surface-parking e-urban designed product in a high-barriers submarket that will necessitate wrap construction for all new development going forward. These factors collectively drive an impressive organic growth story which will translate to $2.00 PSF rents in the near future.

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Reserve Decatur
298 Units
2600 Milscott Drive
Decatur, GA  30033
Type:  Multifamily
Closed: 11/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 348-unit Upland Townhomes community located in west metropolitan Atlanta, Georgia. This asset is situated in south Cobb County’s close-in Mableton area, eight miles west of downtown Atlanta. The asset offers direct access to I-20 and I-285, and is less than two miles from the prolific Thornton Road and Fulton Industrial Boulevard industrial warehouse districts. Built in 1970, Upland Townhomes is an outstanding investment opportunity with substantial market-supported value-add potential.
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Upland Townhomes
348 Units
6850 Mableton Parkway
Mableton, GA  30126
Type:  Multifamily
Closed: 11/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Woods Edge, a niche 120-unit, 1986-built garden apartment community in an affluent south Asheville, NC neighborhood. Located less than two (2) miles from the famed Biltmore Estate, Woods Edge is prominently situated within close proximity to Asheville’s premier retail destinations including the Historic Biltmore Village and the 750-acre Biltmore Park Town Square. With recent targeted capital improvements completed and a proven value-add program with 53% of the units remaining (64 units), Woods Edge offers significant upside for the next owner. The 56 renovated units are obtaining average rent premiums ranging from $101 to $224 on a $3,900/unit to $5,200/unit renovation scope.
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Woods Edge
120 Units
98 Woodstream Lane
Asheville, NC  28803
Type:  Multifamily
Closed: 11/6/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present The Corners, a 176-unit, 1973-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed) and burgeoning high-tech economy. The Corners offers a well-maintained asset with a recent targeted capex program completed that included both asset preservation as well as amenity upgrades. The Corners is ideally situated for completion of the proven in-place value-add program which is obtaining $91 to $97 premiums on average. With 109 units remaining to be renovated, The Corners offers the ability to increase annual NOI by 19%.
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The Corners
176 Units
151 Fernwood Drive
Spartanburg, SC  29307
Type:  Multifamily
Closed: 11/3/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 296-unit Emberwood apartment community located in Lafayette, Louisiana. Situated in a fast-growing, affluent submarket, Emberwood is in close proximity to high-end retail and office space. The property is just minutes from Downtown, the University of Louisiana-Lafayette, Lafayette Regional Airport, and other major employment centers. This well-located asset was constructed in 1986 and represents a market-supported, value-add potential within the surging Lafayette market.
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Emberwood
296 Units
100 South Meyers Drive
Lafayette, LA  70508
Type:  Multifamily
Closed: 11/2/2017

Cushman & Wakefield/The Lund Company is pleased to present the exclusive listing of the of Fireside Village Apartments and Chateau Apartments as a portfolio. Both properties are located in the desirable south side of the Omaha MSA. The portfolio contains 295 homes, 174 garden-style apartments and 6 townhomes at Fireside Village and 115 garden-style apartments at Chateau Apartments. The Portfolio offers an investor the opportunity to acquire two well-maintained communities with a value-add component in the desirable Ralston and Bellevue markets in the strong and steady Omaha MSA. Both properties have outstanding locations, and residents benefit from short commutes to both the Omaha CBD and their respective community cores.

Fireside Village Apartments is a well-positioned class C apartment community located in Ralston, Nebraska. Located in a great quiet neighborhood setting on 84th Street with easy access to Interstate 80, and walking distance to two city parks an elementary school and the new City Centre Mixed Use Development. The new $235+ million City Centre development is located just one half mile south of Fireside, and the city of La Vista has started work on converting the adjoining former golf course to a city park with a lake and an amphitheater.

Chateau Apartments is an attractive and well located class C apartment community in Bellevue, Nebraska right across the street from Bellevue University and walking distance to a Grocery Anchored Center. Chateau is a 5-minute drive to the state’s largest employer, Offutt Air Force Base, and downtown Omaha is just minutes away via Kennedy Freeway.

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Fireside - Chateau Apartment Portfolio (2 properties, 295 units)
Chateau Apartments
115 Units
401 Chateau Drive
Bellevue, NE  68005
Type:  Multifamily
Closed: 10/31/2017

Cushman & Wakefield/The Lund Company is pleased to present the exclusive listing of the of Fireside Village Apartments and Chateau Apartments as a portfolio. Both properties are located in the desirable south side of the Omaha MSA. The portfolio contains 295 homes, 174 garden-style apartments and 6 townhomes at Fireside Village and 115 garden-style apartments at Chateau Apartments. The Portfolio offers an investor the opportunity to acquire two well-maintained communities with a value-add component in the desirable Ralston and Bellevue markets in the strong and steady Omaha MSA. Both properties have outstanding locations, and residents benefit from short commutes to both the Omaha CBD and their respective community cores.

Fireside Village Apartments is a well-positioned class C apartment community located in Ralston, Nebraska. Located in a great quiet neighborhood setting on 84th Street with easy access to Interstate 80, and walking distance to two city parks an elementary school and the new City Centre Mixed Use Development. The new $235+ million City Centre development is located just one half mile south of Fireside, and the city of La Vista has started work on converting the adjoining former golf course to a city park with a lake and an amphitheater.

Chateau Apartments is an attractive and well located class C apartment community in Bellevue, Nebraska right across the street from Bellevue University and walking distance to a Grocery Anchored Center. Chateau is a 5-minute drive to the state’s largest employer, Offutt Air Force Base, and downtown Omaha is just minutes away via Kennedy Freeway.

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Fireside - Chateau Apartment Portfolio (2 properties, 295 units)
Fireside Village
180 Units
8214 Wilson Drive
Ralston, NE  68127
Type:  Multifamily
Closed: 10/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Hairston Woods apartment community located in northeast metropolitan Atlanta’s DeKalb County, Georgia. Completed in 1984, Hairston Woods features well-designed and expansive floor plans (average 1,162 SF) and arrives with consistently robust market performance. This asset has incredible value-add upside, and is an outstanding opportunity to invest in burgeoning northeast Atlanta.
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Hairston Woods
240 Units
1173 North Hairston Road
Stone Mountain, GA  30083
Type:  Multifamily
Closed: 10/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 202-unit, 2014-built Tryon Park at Rivergate apartment community located in Charlotte’s fastest growing submarket. Situated off of a major thoroughfare (43,000 VPD) and bound by an abundance of popular retail destinations, Tryon Park at Rivergate provides a desirable, connected suburban location. Arriving with attractive, below market assumable debt that has over two (2) years IO remaining and room to boost revenue via cosmetic value-add initiatives, this superb asset is perfectly positioned to capitalize on Charlotte’s prolific economic growth.
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Tryon Park at Rivergate
202 Units
12620 Toscana Way
Charlotte, NC  28273
Type:  Multifamily
Closed: 10/31/2017