The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 106-unit Sterling Vinings apartment community located in the northwest Atlanta suburb of Smyrna, Georgia. This boutique asset is situated in flourishing Cobb County and maintains high accessibility off I-285 and the East-West Connector. Transformational new developments in Cobb include the new Atlanta Braves stadium and Smyrna/Vinings mixed-use, upscale retail centers. Built in 1985, Sterling Vinings exhibits organic rent growth and stable occupancy. The next owner can enjoy further increased collections with this perfectly primed value-add property.
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Sterling Vinings
106 Units
4098 South Cobb Drive
Smyrna, GA  30080
Type: Conventional
Closed: 12/13/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Linden (162 units and 5,808 SF of ground-floor retail) and Lakeside (51 units) - a two-property portfolio in Charlotte’s affluent suburb of Davidson, NC. Built in 2016, The Linden is Davidson’s premier mixed-use asset featuring luxurious amenities and sophisticated interiors while offering multi-dimensional income upside through organic gains, and completion of a light-touch value-add program to capture a $200+ rent runway. Built in 1978, Lakeside provides superior organic rent growth potential bolstered by a recent ~$1.7 million targeted capital improvements program. Minimal new supply projected in Davidson, coupled with blue-chip demographics and continued job growth, ideally position the assets in a static competitive environment along Charlotte's path of progress. Offers will be accepted on the full portfolio and/or on individual properties.
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The Linden & Lakeside (2 properties, 213 units)
The Linden
162 Units
605 Jetton Street
Davidson, NC  28036
Type: Conventional
Closed: 12/13/2018
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Flats at 146
368 Units
15201 Flats Dr
Noblesville, IN  46060
Type: Conventional
Closed: 12/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit Ridgeland Ranch apartment community, located in the heavily sought-after Ridgeland suburb of Jackson, Mississippi. Ridgeland is currently ranked the 2nd best municipality in Mississippi, offering one of the state’s most coveted school systems and highest median incomes. Built in 1974, Ridgeland Ranch offers the investor a well-located asset with market-suggested value add potential.
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Ridgeland Ranch
137 Units
1620 East County Line Road
Ridgeland, MS  39157
Closed: 12/7/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present Riviera Hills - a 84-unit value-add opportunity located at 5220-5435 NW 18th Place in Lauderhill, Florida. The property offers 26 studios, 6 1BR/1BA, 34 2BR/1BA and 16 2BR/2BA units averaging 694 square feet. The rents are below market and can be increased generating additional revenue by $170,000.

Riviera Hill’s central Broward location is a magnet for employees working in the area’s largest employment centers, such as Plantation, Sunrise and Fort Lauderdale. The property is 2 miles east of Plantation Pointe, a 900,000 square foot office park with high-profile tenants including Motorola, Envision, and Magic Leap. The property is also about 5 minutes east of University Drive which serves as the main thoroughfare in the area, with various retail and dining options. Lastly, Riviera Hills is just a mile north of the Florida Turnpike’s ramp on Sunrise Boulevard allowing quick access to all major South Florida employment centers.

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Riviera Hills
84 Units
5220-5435 NW 18th Place
Lauderhill, FL  33313
Closed: 12/6/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group, pleased to present the exclusive listing of Landmark at Lancaster Place, a 240-unit apartment community located in Birmingham, Alabama. This asset sits in the budding municipality of Calera, Birmingham’s 2nd fastest growing city in terms of population growth. With a strategic location that offers access to both the Birmingham and Montgomery job markets, Calera boasts an affluent demographic and state-ranked school system. Built in 2007, Landmark at Lancaster Place offers the next investor both organic in-place rent growth and legitimate value add upside.
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Landmark at Lancaster Place
240 Units
10 Kensington Manor Drive
Calera, AL  35040
Type: Conventional
Closed: 12/5/2018

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Park Vue of Alexandria, a core-plus, infill high-rise community in one of the Washington metro region’s most dynamic corridors. Built in 1965, Park Vue of Alexandria has recently received a large infusion of capital to improve the asset and create additional tenant amenities. The Property offers proven value-add with rental premiums being achieved based on the current kitchen and bath upgrade program. This can be enhanced to mirror similar properties in the submarket for additional rent increases. Park Vue of Alexandria’s location along the dynamic I-395 corridor is one of the best in the region for access to the many major employers and the most significant employment centers in the Washington metro. The Property is only 5-minutes from Potomac Yards, one of Northern Virginia’s fastest growing retail and amenity centers, with a future Metro station currently in the planning process. Park Vue of Alexandria’s irreplaceable location and additional renovation upside presents investors with the rare opportunity to acquire a core-plus, infill high-rise in one of the Washington region’s best locals.

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Park Vue of Alexandria
196 Units
511 Four Mile Rd
Alexandria, VA  22305
Closed: 12/1/2018
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6905-6921 Rue Vendome
30 Units
6905-6921 Rue Vendome
Miami Beach, FL  33141
Type: Conventional
Closed: 11/30/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 312-unit, Ashley Grove. The property, built in 1968 and 1973, is located in the heart of West Ashley, one of Charleston’s fastest growing submarkets, just minutes from Downtown Charleston as well as other 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 recent adoption of "Plan West Ashley", a master plan intended to spur economic development in the area through public-private partnership, will serve as a catalyst for growth in the submarket. Ashley Grove, offers new ownership to have the opportunity to complete the in-place value-add programs to further boost NOI across the property
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Ashley Grove
312 Units
1735 Ashley Hall Road
Charleston, SC  29407
Type: Conventional
Closed: 11/30/2018

The Lenox is an exceptionally well-maintained 200-unit apartment community located on the popular northeast side of Indianapolis. Built as a luxury community in 1972, the property consists of nine brick, two-story residential buildings and an office / clubhouse. The large clubhouse contains a community room with fully-equipped kitchen and fireplace, 24-hour fitness center, and a business center with free wi-fi. In addition to the clubhouse, community amenities include a pool with sundeck, playground, laundry facilities in each building, garages and carports, and available extra resident storage.

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Lenox
200 Units
5421 Calder Way
Indianapolis, IN  46226
Type: Conventional
Closed: 11/30/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 88-unit Premier Club apartment community located in southwest metropolitan Atlanta, Fulton County, Georgia. This boutique asset is situated minutes from Hartsfield-Jackson International Airport, Atlanta’s economic engine and Georgia’s largest employment center (63,300 employees and $64.2B economic impact). Built in 1971, Premier Club offers an outstanding opportunity to invest in prospering southwest Atlanta. Rapid development in the Airport/South Atlanta office/industrial district and proximate access to I-285 further support Premier Club’s positive investment growth potential.
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Premier Club
88 Units
5100 Highpoint Road
Union City, GA  30291
Closed: 11/30/2018

Regency Court is a 125 unit community, located at 1616 S Henderson Street in Bloomington, Indiana. The property is located just east of Walnut Street, a high traffic north/south thoroughfare running directly through Downtown Bloomington. The city bus, Route 7, stops at the Regency Court entrance and conveniently takes residents north (to downtown and the Indiana University Campus) or south (to the Walnut Street Shopping Centers). The community is also walking distance from Bloomington South High School and Templeton Elementary School.

Regency Court is made up of 36 one bedroom apartments, 14 two bedroom townhomes, 30 three bedroom townhomes, and 28 four bedroom townhomes. Also, there are 4 duplexes, 1 two bedroom house, 1 three bedroom house, and 7 five bedroom homes. All units have washers and dryers.

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Regency Court
125 Units
1616 S Henderson St
Bloomington, IN  47401
Type: Conventional
Closed: 11/27/2018

The "South Beach Resort" is THE premier multifamily asset in the Las Vegas valley, as it combines true resort living with an unequaled lifestyle and hospitality experience. Recently completed, the property is poised to take advantage of the fastest growing submarket in Las Vegas. Location and asset type makes this a unique offering, as the property is nestled between the Red Rock Canyon National Conservation area and the famous Las Vegas Strip, and benefits from proximity to Downtown Summerlin, and ease-of-access to major expressways & transportation.

Currently, Las Vegas is the 29th largest MSA in the United States, and number two in rent growth among major metros. Rent growth figures have averaged above 6% through 2016 and 2017, and the Southwest market continues to have the highest rent growth figures in the greater MSA. Additionally, Las Vegas leads the country in job creation, with year-over-year job gains of 3.3%. In total, 43,800 jobs were created through 2016 & 2017, and unemployment has stayed stable at 4.9%. This job growth, paired with above-average population growth, continues to expand the local rental market.

The result is a creation of the next generation of multifamily living that has never been witnessed in Las Vegas, or nationwide.

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South Beach Resort
220 Units
8920 West Russell Road
Las Vegas, NV  89148
Closed: 11/27/2018

After a decades-long development hiatus, Broad Ripple, Indianapolis, has excitedly embraced Indy's most captivating mixed-use development.  The Coil Apartments and Fresh Thyme Farmers Market are an integral addition to a submarket with extremely attractive demographics - highly educated, high-earning residents.

Current residency boasts an average age of 38 years and a powerful average income of $100,000 with an average credit score of 726.  The asset's prestige even allures out of state residents to enjoy the benefits of a growing job market and economy in central Indiana.  The Coil is commanding some of the highest rents in the market.

Adjacent to the Indiana Central Canal, in the heart of Broad Ripple Village, The Coil is walking distance from the myriad shops and restaurants in the Village. The convenient location on College Avenue also grants residents direct access to downtown Indianapolis and the Carmel business corridor.

In addition to boasting 151 luxury apartments, the asset includes a 33,500-square-foot flagship Fresh Thyme Farmers Market with a long-term lease, backed by Meijer credit.  This is a rare amenity for renters in Indianapolis.

Discerning residents have limited options in an urban-suburban setting and will continue to thrive in this asset for many years to come.

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The Coil Apartments
151 Units
6349 N College Ave.
Indianapolis, IN  46220
Type: Conventional
Closed: 11/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the approximate 24 Acre Horizon South Parkway Land located in Grovetown, Georgia. This parcel is situated off of Horizon South Parkway in the very desirable Columbia County. Horizon South Parkway Land represents an outstanding opportunity to invest in one of Augusta’s most prominent locations with significant barriers to entry.
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Tynes Horizon South Parkway (Proposed)
304 Units
Horizon South Parkway
Grovetown, GA  30813
Type: Conventional
Closed: 11/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Legacy of Athens apartment community located in Athens, Clarke County, Georgia. This asset is situated in the sought-after area of Eastside Athens, characterized by its easy access to essential retail (Publix, Kroger, and plentiful restaurants) as well as University of Georgia’s excellent, expanding veterinary teaching hospital. Built in 1968, Legacy of Athens represents an outstanding opportunity to invest in a value-add-ready asset located in one of the state’s most fundamentally desireable markets. Notably, Athens’ annual effective rent growth of 5.6% (vs. 2.5% nationally) ranked eighth highest of "Axio Top 120 Markets" in Q12018.
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Legacy of Athens
240 Units
100 Ashley Circle
Athens, GA  30605
Closed: 11/19/2018

The subject properties located at 2933-2977 24th Street & 1205 Alabama Street comprise a mixed-use apartment building situated in the heart of the Mission neighborhood of San Francisco. The properties consist of three residential units and three ground floor commercial units. The ground floor retail tenants include a jewelry shop, a hair salon, and a bakery that has been in business for over 50 years.

These buildings are located on 24th Street in the heart of one of the busiest retail and entertainment corridors in the Mission District and only 6 blocks from the 24th Street BART station providing residents convenient transportation. Known as one of San Francisco’s most culturally diverse and artistically flourishing neighborhoods, The Mission District is highly attractive to tenant with its restaurants, street murals, coffee houses, boutiques, and parks. The properties are within walking distance of famed Valencia Street, Potrero Hill, and Dolores Park. The area is serviced by excellent public transportation options, and also boasts a walk score of 95 and an even higher bike score of 99.

*The Property is offered unpriced to qualified parties on a best-offer basis with a potential bid deadline to be determined.

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24th & Alabama
6 Units
2933 24th Street
San Francisco, CA
Closed: 11/16/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Copus 1 Indian Trail apartment community in the exploding Charlotte, NC suburb of Indian Trail. Built in 2017, and one of only two properties within three miles delivered after 2000, Copus 1 Indian Trail is the premier asset in the underserved Union County submarket. Recently stabilizing in Feb-2018 after an impressive one-year lease-up, the property offers immediate organic upside within a competitive environment that is insulated from future supply and boasts a high rent growth ceiling. In addition, Copus 1 Indian Trail is supremely positioned in the desirable town of Indian Trail - a region defined by affluence, dominant white collar employment, and exponential population and job growth.
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Copus 1 Indian Trail
204 Units
1021 Glenn Valley Lane
Indian Trail, NC  28079
Type: Conventional
Closed: 11/15/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the investment opportunity to acquire Broadstone Plantation – a premier 250-apartment home asset located in Plantation, Florida. The property is comprised of a mix of five-story midrise buildings and three-story garden buildings with a combined average unit size of 989 square feet.

Broadstone Plantation is centrally located in Plantation and provides access to over 2.9 million square feet of office making it one of South Florida’s most dynamic live and work environments. The property opened in August 2017 and represents the newest era of garden apartments while setting the standard for luxury apartment living with market leading finishes, amenities and accessibility.

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Broadstone Plantation
250 Units
6901 W Sunrise Boulevard
Plantation, FL  33313
Closed: 11/13/2018
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The Whit
74 Units
2201 Blaisdell Avenue
Minneapolis, MN  55404
Type: Conventional
Closed: 11/8/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Sandalwood Apartment Community located in Pensacola, FL. Sitting off of Hwy 98, which runs along the Gulf Coast of FL, the asset has excellent visibility. It is centralized amongst major economic drivers that are contributing towards explosive financial growth for the region. Built in 1985 with low-maintenance materials, Sandalwood offers an outstanding opportunity to invest in a cash-flowing asset with substantial upside via strong rent trajectory and an attractive value add story.
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Sandalwood
144 Units
6501 Highway 98 West
Pensacola, FL  32506
Type: Conventional
Closed: 11/7/2018
Mosaic at the Forum, Fort Myers’ newest luxury rental community offers an investor the opportunity to participate in the top tier of the rapidly-expanding Southwest Florida multifamily market. As of early-2018, the property is completing its initial lease-up and approaching stabilization. Mosaic offers a contemporary design, market-leading apartment features and a broad array of community amenities. It enjoys extraordinary visibility (86,000 cars daily) by virtue of direct Interstate frontage and unmatched convenience with over 1 million square feet of retail space at its doorstep.
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Mosaic at the Forum
252 Units
3100 Champion Ring Road
Fort Myers, FL  33905
Type: Conventional
Closed: 11/5/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 30-story City Center, an adaptive re-use opportunity located in Birmingham, AL. Comprised of nearly 700,000 square feet of vacated space in the heart of Downtown, City Center offers a once-in-a-cycle opportunity to acquire a large scale re-use project with unlimited future potential. Historically utilized as office space for AT&T, the next investor can modify the interior shell of City Center to open the doorway for multifamily, condos, class A office space, and boutique retail. With an 87 walkability score and heavy barriers to entry, City Center is in a profitable position for adaptive re-use. City Center, if converted to multifamily, would also offer the best walkability to the Central Business District and to the upcoming $300M BJCC project (new stadium, massive existing upgrades).
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City Center
325 Units
600 19th Street North
Birmingham, AL  35203
Closed: 11/1/2018
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Indy 5 Property Portfolio (5 properties, 1,983 units)
Boardwalk at Westlake
1381 Units
6000 West Lake Drive
Indianapolis, IN  46224
Type: Conventional
Closed: 10/31/2018