Sold
Sierra Hills
   
 
Corona, CA
Sold
Siesta Key
564 Units
603 Siesta Key Circle
Deerfield Beach, FL  33441
Type: Condo Conversion
Sold
Sixth & Race
30 Units
605 Race St
Cincinnati, OH  45202
Type: Conventional
The AVR 13 Property Portfolio is a once-in-a-cycle opportunity to establish Class A presence in the nations’ highest growth region. Consisting of 3,760 units across 4 states with an average vintage of 2013, this unique opportunity is being offered for sale as a portfolio and an individual basis. The portfolio features highly attractive assumable debt at below today’s market rates. The highly synergistic blend of garden, midrise, and highrise product are located in top-tier urban and suburban locations that are embedded in premiere demographics and are all highly retail and access oriented. Each property exemplifies best-in-class construction by acclaimed developers such as Wood Partners, Hines, Novare Group and Greystar.
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Sold
AVR Portfolio (13 properties, 3,760 units)
SkyHouse Channelside
320 Units
112 North 12th Street
Tampa, FL  33602
Type: Conventional
Cushman & Wakefield of Colorado is pleased to announce the exclusive listing of Sommerset Gardens, a 420-unit garden-style apartment community located in Aurora, Colorado. Sommerset Gardens is located near the intersection of Mississippi Avenue and Interstate 225, giving residents immediate access to Aurora’s best employment centers, retail and entertainment amenities. Close proximity to I-225 also provides residents with easy access to the entire metropolitan region including Denver International Airport and the Denver Tech Center. Originally built between 1981 and 1983, the property previously underwent a $4 million renovation, completing much of the required ‘heavy lifting’. Potential investors will have the opportunity to complete additional upgrades to enhance revenue potential.
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Sommerset Gardens
   
 

Cushman & Wakefield is pleased to present for sale, Sommerset Place Apartments, a 36-unit value-add opportunity in a tranquil pocket of Brooklyn Center, just off Highway 100 and next to Centerbrook Golf Course.

The property is located in a quiet residential neighborhood on the South side of Lions Park and steps from Shingle Creek and the Shingle Creek Regional Trail. Sommerset Place is also conveniently located minutes from Target, Walmart Super Center, Cub Foods, CVS Pharmacy, LA Fitness and numerous national and local restaurants. The property is just 10 minutes north of downtown Minneapolis and five minutes from both Brooklyn Center High School and Middle School.

Sommerset Place is a true value-add opportunity with legitimate immediate upside. The unit-mix is predominantly 2-Bedroom units and the average in-place rent is roughly $885/Month. Comparable properties in the submarket are renting 2-Bedroom units for $1,100/Month (see rent comps on Page 37 of OM), which is achievable at Sommerset Place by implementing a light in-unit renovation plan. The current vacancy rate in the city of Brooklyn Center is just 2.0% and the area is in high demand given its close proximity to downtown Minneapolis and other local attractions.

Sommerset Place is offered free and clear of existing financing and tours will begin the week of September 5th, 2018. Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.

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Sold
Sommerset Place
36 Units
5301 Russell Ave N
Brooklyn Center, MN  55430
Type: Conventional
See Portfolio Summary of Sales Package for Tour Details 10 Property Tours Details & Investment Highlight
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Sold
Southeast Portfolio - Sold 2002
2468 Units
 
Various, SC
Sold
Southpointe
192 Units
9950 Pointe South Drive
St. Louis, MO  63128
Type: Conventional
Posted: 11/10/2017
Sold
Springs at Liberty Township
288 Units
7181 Liberty West Dr
Liberty Township, OH  45069
Sold
Stonepost Lakeside
284 Units
13810 South Pflumm Road
Olathe, KS  66062
Type: Conventional
Posted: 11/10/2017

Cushman & Wakefield’s Southwest Multifamily Advisory Group is pleased to present the exclusive listing of the 130-unit Summerhill apartment community centrally located in Phoenix, Arizona. This asset is situated in a desirable and strategically located neighborhood between Central Phoenix and Scottsdale. Built in 1970, Summerhill represents an outstanding opportunity to invest in a strong location at a price below comparable sales.

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Summerhill
130 Units
2925 N. Greenfield Road
Phoenix, AZ  85016

Cushman & Wakefield is pleased to introduce the opportunity to purchase Terra Vista Palms, a 138-unit garden-style apartment community built in 1975 offering value-add potential to new ownership. Terra Vista Palms, at 59th and Northern Avenues, falls within the Downtown Glendale focus area. Historic Downtown Glendale has been experiencing a resurgence of restaurants and retail that attracts many residents with its quaint, city square feel. The property profits from good visibility on 59th Avenue with close proximity to many local conveniences and employment centers.

Terra Vista Palms offers an operational upside utilizing an interior and exterior renovation plan with the ability to increase effective rents and add value based on strong occupancy and projected rent growth. Contact us today to schedule your personal tour of Terra Vista Palms.

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Sold
Terra Vista Palms
138 Units
5902 W. Royal Palm Road
Glendale, AZ  85302
Type: Conventional
Sold
Courtney Trace and The Addison (2 properties, 455 units)
The Addison
167 Units
2516 Annapolis Way
Brandon, FL  33511
Sold
The Boutique
43 Units
8000 NE Bayshore Court
Miami, FL  33138
Type: Conventional
Sold
The Cambrian
383 Units
 
Aurora, CO
Sold
The Clarendon
350 Units
 
Unpriced offering
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The Colonnade
415 Units
1930 East Camelback Road
Phoenix, AZ  85016
The Colony Apartments is a 236-unit, one and two-story, garden-style complex built in 1979. It is composed of 41 buildings including a leasing office. The property is located across the street from Maryvale Park, Maryvale Community Center, YMCA, and the Palo Verde public library. The Colony Apartments offers an attractive product with large units in a relatively low density setting.
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The Colony
236 Units
4337 N 53rd Ln
Phoenix, AZ  85031
Sold
The Cove at Fishers Landing
253 Units
 
Vancouver, WA
Sold
The Cove at Fishers Landing
253 Units
 
Vancouver, WA
Sold
The Crossing
296 Units
 
Corona, CA
Sold
The Grand
236 Units
 
Sherman Oaks, CA
Sold
The Heights at Bear Creek (is this a sale?)
227 Units
 
Redmond, WA
Sold
The Jefferson at Racoon Creek Apartments
360 Units
 
Littleton, CO