The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 300-unit West Ashley Value-Add Portfolio comprised of Monument Square and The Carlyle. The properties are 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, Joint Base Charleston, the new Mercedes-Benz plant and Volvo plant. 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. With recent targeted capex programs complete, new ownership will have the opportunity to complete the in-place value-add programs to further boost NOI across the two properties.
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Monument Square and The Carlyle (2 properties, 300 units)
Monument Square
139 Units
1551 Sam Rittenberg Boulevard
Charleston, SC  29407
Type: Conventional
Closed: 8/2/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 300-unit West Ashley Value-Add Portfolio comprised of Monument Square and The Carlyle. The properties are 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, Joint Base Charleston, the new Mercedes-Benz plant and Volvo plant. 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. With recent targeted capex programs complete, new ownership will have the opportunity to complete the in-place value-add programs to further boost NOI across the two properties.
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Monument Square and The Carlyle (2 properties, 300 units)
The Carlyle
161 Units
1476 Orange Grove Road
Charleston, SC  29407
Type: Conventional
Closed: 8/2/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Royal Oaks Townhomes (the “Property”) – a 69-unit, luxury townhome community located in Hollywood, Florida. Completed in 2009, Royal Oaks offers the rare opportunity to acquire a boutique, luxury townhome community without any HOA obligations. The property is 97% occupied and offers oversized three-bedroom, two and one-half bathroom floor plans with 1,695 square feet of living space in two levels (excluding garage space). All of the residences include a private direct access garage, terraces and balconies accented by decorative wrought iron railings, and a semi private back yard. Market rents are $2,490 or $2,061,000 per year.

Royal Oaks Townhomes was originally designed as a “for sale” townhome community but no units were ever sold and the community has been operated as a luxury rental since it was completed. All interiors are luxuriously appointed with features and finishes one would expect to find in high end custom homes. Tenants within Royal Oaks average over $90,000 in household income, which is over three times the market rent. The property is adjacent to Emerald Hills which has homes selling for as high as $3 Million.

Royal Oaks Townhomes is located on the south side of Stirling Road approximately half mile west of Interstate 95 and about three miles east of the Florida’s Turnpike. In addition the property is equally 1 mile from South Florida’s expanding Tri-Rail two stations, Fort Lauderdale Airport Station to the north and Sheridan Station to the South. With a new link to downtown Miami coming online later in 2019, the railway will improve connectivity for residents and establish the community as a true rental alternative to downtown Miami’s high rent apartments.

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Royal Oaks
   
3200 Stirling Road
Hollywood, FL  33021
Closed: 8/1/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 272-unit, 1990-built Park at Boulder Creek apartments in Columbia, SC. Located at the confluence of Richland and Lexington Counties, the property offers ease of transit to the area’s economic catalysts and seamless accessibility to the most premier retail nodes of the greater Columbia MSA. A recent capital infusion of $3 million offers investors an ideal launch-pad for a two-prong value-add approach. In addition to $100 rental premiums through the in-place upgrade package, incoming ownership will be able to focus on bridging the gap between the property’s rents and rents currently achieved in the surrounding submarkets. The combined value-add initiatives will ultimately result in impactful NOI growth potential of 45%
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Park at Boulder Creek
272 Units
1000 Bentley Court
Columbia, SC  29210
Type: Conventional
Closed: 7/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 296-unit Oakleigh apartment community located in Baton Rouge, LA. Situated within one of Baton Rouge’s most affluent communities, Oakleigh’s immediate area boasts average household income of more than $113K. The strong demographic support paired with Baton Rouge’s strong economic development and job growth have propelled the financial performance over the last several years exhibited by total income growing approximately 12% since acquisition in August 2015. With this cash flowing asset’s performance on the rise, Oakleigh is primed for interior upgrades to help increase its already strong market position within the Baton Rouge community.
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Oakleigh
296 Units
11580 Perkins Road
Baton Rouge, LA  70810
Type: Conventional
Closed: 7/26/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
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Mobile5 Portfolio (5 properties, 2,013 units)
Crossings at Pinebrook
545 Units
3800 Michael Boulevard
Mobile, AL  36609
Type: Conventional
Closed: 7/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
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Mobile5 Portfolio (5 properties, 2,013 units)
Sandpiper Townhomes
253 Units
4950 Government Boulevard
Mobile, AL  36693
Type: Conventional
Closed: 7/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
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Mobile5 Portfolio (5 properties, 2,013 units)
The Pathways
244 Units
2656 Pathway Place
Mobile, AL  36606
Type: Conventional
Closed: 7/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
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Mobile5 Portfolio (5 properties, 2,013 units)
Windsor Place
384 Units
3661 Airport Boulevard
Mobile, AL  36608
Type: Conventional
Closed: 7/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
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Mobile5 Portfolio (5 properties, 2,013 units)
Yester Oaks
587 Units
146 Yester Oaks Drive
Mobile, AL  36608
Type: Conventional
Closed: 7/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. pleased to present the exclusive listing of the 135-unit Covington Square apartment community located in Metairie, LA in the New Orleans metro area. This asset is situated in the high barriers-to-entry submarket of Metairie, boasting upscale demographics, solid single-family housing stock, and limited apartment deliveries. The subject is minutes from millions of square feet of high-end retail, including Lakeside Shopping Center and Clearview Mall, and Class A office space, such as the Galleria Tower and Tulane Lakeside Hospital. Covington Square presents an opportunity to acquire a true value-add asset in one of New Orleans premier submarkets.
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Covington Square
135 Units
4828 Zenith Street
Metairie, LA  70001
Closed: 7/23/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 202-unit One White Oak apartment community in north metropolitan Atlanta, Forsyth County, Georgia. Completed in November 2017 and representing the ultimate in new suburban apartments, One White Oak benefits from its location two miles east of the busy GA 400/Hwy-20 interchange, home to the expanding Northside Hospital Forsyth campus. Positioned at the north end of the GA 400 corporate corridor and ranked by Forbes as one of the country’s wealthiest counties, Forsyth County is one of the fastest-growing counties in the U.S. and offers some of the highest-ranked schools in the state.
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One White Oak
202 Units
2080 One White Oak Lane
Cumming, GA  30041
Type: Conventional
Closed: 7/23/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky are pleased to present the exclusive listing of the 583-unit Villages of Wildwood apartment community located in Fairfield, Ohio. The property offers an extensive amenity package, as well as some of the largest floor plans in the submarket. With demand for upgraded interiors evident in the submarket and the ability to reposition the asset through amenity improvements, Villages of Wildwood is an excellent investment opportunity. Villages of Wildwood is situated in the high barrier-to-entry Butler County apartment submarket, characterized by limited new deliveries and strong organic rent growth. Villages of Wildwood is situated approximately 20 miles north of Cincinnati with easy access to I-275 and I-75 which makes it a desirable asset in a rapidly expanding market in the Cincinnati metro area.
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Villages of Wildwood
583 Units
5877 Ross Road
Fairfield, OH  45014
Closed: 7/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Fountains at Mooresville Town Square - a 227-unit, 2012-built institutional quality asset with market-supported upside. Embedded within the Mooresville Town Square lifestyle center, residents of Fountains enjoy a walkable mixed-use community offering everything from necessities to nightlife. Home to global corporations and commonly referred to as "Race City USA", Mooresville is well known for its dense collection of 60+ race teams and motorsports suppliers of NASCAR. With rapid population growth, an affluent resident pool and a diminished supply pipeline, Fountains is uniquely positioned to capitalize on a tightening rental market. In addition, the property offers market-supported value-add with expected $120 premiums - representing a potential to boost income by 18%.
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Fountains at Mooresville Town Square
227 Units
170 Mooresville Commons Way
Mooresville, NC  28117
Type: Conventional
Closed: 7/18/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 97-unit Arlington apartment community located in Jackson, Hinds County, Mississippi. Arlington offers superior location in close proximity to employment and retail/recreational amenities. The property has received signification interior, exterior, and amenity renovations since July 2017 and is achieving rent premiums and increased revenue. Built in 1972, Arlington offers an outstanding opportunity to invest in a renovated asset with a high visibility location.
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Arlington
97 Units
5845 Ridgewood Road
Jackson, MS  39211
Type: Conventional
Closed: 7/16/2018

Cushman & Wakefield is pleased to present the exclusive listing of PW Shoe Loft Apartments located in St. Louis, MO. Consisting of 34 lofts and approximately 9,100 square feet of ground-level retail space, PW Shoe Lofts is a luxury loft-style apartment building offering significant value-add and appreciation potential in the high growth central corridor of the St. Louis Metro.

The asset is offered free and clear of debt and is strategically positioned adjacent to St. Louis University, offering high-end lofts for students and other residents searching for a live/work/play environment. In addition to being fully occupied with an extensive waiting list, PW Shoe Lofts arrives with excellent historical financial performance and an unmatched location surrounded by countless amenities and top employment centers.

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PW Shoe Loft Apartments
34 Units
3433 Locust Street
St. Louis, MO  63103
Type: Conventional
Posted: 1/4/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit, 1967-built Grandeagle apartments in Greenville, SC. The property is located within the Upstate’s “Industry Triangle” that plays home to 8 of the city’s 10 largest employers and 50,000 jobs. Grandeagle offers residents walking distance dining options and seamless access to the area’s premier retail destinations given its proximity to Interstate-385. A recent capital infusion of more than $850k offers investors an ideal launch-pad for unit interior upgrades to escalate income. New ownership will be uniquely positioned to select from multiple go-forward value-add strategies – completing the current platform achieving $135 premiums, or pivoting to a market-supported “Value-Add 2.0” with impactful NOI growth potential of 66%.
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Grandeagle
152 Units
50 Glenwood Road
Greenville, SC  29615
Type: Conventional
Closed: 7/12/2018
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Post Oak
126 Units
8000 Post Oak Place
Louisville, KY  40222
Type: Conventional
Closed: 7/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Stonegate apartment community located in Birmingham, Jefferson County, AL. This asset is situated in the expanding Oxmoor Valley economic corridor of West Birmingham, just north of the $60M Renaissance at Ross Bridge luxury resort. Built in 2008, Stonegate offers an outstanding opportunity to invest in an upward-trending Class A asset with market-backed value add potential to further boost operating income.
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Stonegate
260 Units
101 Leaf Lake Boulevard
Birmingham, AL  35211
Type: Conventional
Closed: 7/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 226-unit Corner Stone I & II apartment community, consisting of two well-located assets in Midtown Montgomery. Montgomery is producing solid economic growth, with nearly $580 Million invested and 2,700 direct new jobs since 2016. Residents in East Montgomery are afforded outstanding access to the area’s key economic drivers such as Eastdale Mall, AUM, and Baptist Health. Built in 1972/1999, both assets represent an outstanding opportunity to invest in highly-demanded units with value add potential.
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Corner Stone I & II (2 properties, 226 units)
Corner Stone II
32 Units
2900 Steeplechase Lane
Montgomery, AL  36116
Type: Conventional
Closed: 7/10/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 226-unit Corner Stone I & II apartment community, consisting of two well-located assets in Midtown Montgomery. Montgomery is producing solid economic growth, with nearly $580 Million invested and 2,700 direct new jobs since 2016. Residents in East Montgomery are afforded outstanding access to the area’s key economic drivers such as Eastdale Mall, AUM, and Baptist Health. Built in 1972/1999, both assets represent an outstanding opportunity to invest in highly-demanded units with value add potential.
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Corner Stone I & II (2 properties, 226 units)
The Meadows (Corner Stone)
194 Units
2637 The Meadows
Montgomery, AL  36116
Type: Conventional
Closed: 7/10/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 76-unit Norwood apartment community located in northeast suburban Atlanta, Georgia. This boutique asset, situated less than three miles southeast of the prolific I-85 Pathway of Progress, is in Gwinnett County, one of the fastest growing counties in the nation for more than two decades. Built in 1984, Norwood offers an outstanding value-add opportunity in Atlanta’s Northeast Corridor, which is projected to outpace the rest of Atlanta Metro through 2030.
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Norwood
76 Units
799 Jodeco Circle
Lilburn, GA  30047
Type: Conventional
Closed: 7/6/2018
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Arrow Ridge
320 Units
4100 Arrow Ridge Place
Kissimmee, FL  34741
Type: Conventional
Closed: 7/2/2018
The Cushman & Wakefield Northern California Multifamily Advisory Group is pleased to present the exclusive listing of an approximately 5.5-acre high density transit oriented development site in San Leandro, California (the Property). This strategically situated development site is the largest infill development site available for purchase in San Leandro. It is located only 1/4 of a mile away from the San Leandro BART station and other transit options. The San Leandro submarket is an evolving and expanding residential district, and represents one of the Bay Area’s premier urban investment locations. The City of San Leandro general plan EIR paves the way for proposed projects which are consistent with zoning and general plan requirements. The Property represents the ability to potentially deliver 400+ multifamily units in a TOD infill location steps away from BART.
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San Leandro Transit Oriented Development Site
5.03 Acres
Alvarado Street & Antonio Street
Type: Land
Closed: 7/1/2018