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:  Multifamily
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:  Multifamily
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:  Multifamily
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:  Multifamily
Closed: 1/17/2018
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The Win - Broad Ripple
24 Units
6159 Winthrop Ave
Indianapolis, IN  46220
Closed: 1/17/2018
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:  Multifamily
Closed: 1/12/2018
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Fountain Parc
240 Units
4901 Whitton Place
Indianapolis, IN  46220
Closed: 1/11/2018
The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present WestWind Apartment Homes, a 288-unit value add apartment community in Roanoke, Virginia. The asset is situated in close proximity to Valley View Mall, the premier retail amenity in the Roanoke MSA, with easy access to additional lifestyle amenities and major roadways. Built in 1981 & 1985, WestWind Apartment Homes represents an outstanding value-add opportunity through the continuation of washer and dryer installation and through light interior upgrades with premiums being proven in the broader market. The Property’s exceptional location within the expanding Roanoke economy presents investors a rare opportunity to acquire a well-positioned community significant future growth opportunities.
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WestWind
288 Units
3069-E Ordway Dr. NW
Roanoke, VA  24017
Closed: 1/11/2018
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: 1/9/2018
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
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: 1/5/2018
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Tower on Ryan Park
141 Units
758 St. Michael Street
Mobile, AL  36602
Type:  Multifamily
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:  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
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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