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.

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%.

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.

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.