The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 173-unit Magnolia Preserve apartment community located in Dothan, Alabama. Dothan is widely regarded as the "southeastern gem" of the state, with a growing medical/industrial economy and major local job growth. Magnolia Preserve maintains one of the best multifamily locations in the submarket, within the Montgomery Highway retail corridor (3M+ SF) and $80K+ average household incomes. The community, one of the only Class A assets in the entire market, has produced outstanding NRI growth since delivery (9.2% YoY last 3 years) and stable occupancy. The next investor can further juice collections through rounding out the in-place value add campaign. The asset is offered as a debt assumption or on an all-cash basis.
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Magnolia Preserve
173 Units
101 Magnolia Ridge Place
Dothan, AL  36303
Type: Conventional
Closed: 9/27/2019
Randall Highlands is situated in a resort-like setting is in the village of North Aurora in the Kane County suburb of Chicago. Built in 2013, this core-plus property consists of 146 two- and three-bedroom townhomes and amenities include a zero-entry pool, fully-amenitized clubhouse including fitness center, locker rooms and resident lounge. The asset is a perfect opportunity that affords a new owner the ability to impellent value enhancements both in unit and across the amenities. The submarket provides convenient access to Chicagoland’s I-88 business corridor. The corridor continues to see employment growth and serves as Chicago’s second largest employment hub outside of the downtown CBD. Rent growth in the Aurora multifamily market over the past 12 months has averaged 3% and occupancies have hovered around 95%, allowing for long term growth and strong returns.
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Randall Highlands Rental Townhomes
146 Units
1241 Ritter Street
North Aurora, IL  60542
Type: Conventional
Closed: 9/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 172-unit The Terraces & Highbury Court apartment communities located in south metropolitan Atlanta, Fulton County, Georgia. Strategically situated less than two miles northeast of Hartsfield-Jackson International Airport, these assets benefit from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in 1969 with some of the largest units in the submarket, The Terraces & Highbury Court offer an outstanding opportunity to invest in strong performing assets with untapped value-add potential.
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The Terraces & Highbury Court
172 Units
50 Mount Zion Road
Atlanta, GA  30354
Closed: 9/26/2019
Located in the heart of Old Town Scottsdale, The Winfield of Scottsdale offers newly renovated one and two bedroom apartments featuring concrete or wood style flooring, stainless steel appliances, glass tile kitchen backsplashes, wrap-around subway tile in bathrooms and private patios. Community amenities include a resort-style swimming pool, a fitness center, grilling stations, a dog park and two scenic courtyards. Old Town Scottsdale provides residents with plenty of shopping, dining and entertainment venues as well as museums, golf courses and parks.
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The Winfield of Scottsdale
95 Units
8021 East Osborn Road
Scottsdale, AZ  85251
Type: Conventional
Closed: 9/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 90-unit Chastain Woods apartment community located in south metropolitan Atlanta, Fulton County, Georgia. Strategically situated six miles northwest of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in 1973, Chastain Woods boasts the largest floor plans in the submarket (1,333 Avg. SF), and is a consistently well-occupied asset with proven value-add potential.
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Chastain Woods
90 Units
2929 Landrum Drive
Atlanta, GA  30311
Type: Conventional
Closed: 9/23/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Pines of Newpointe and Lynnbrook Forest, a 181-unit two property portfolio located in Virginia Beach, Virginia. Built in 1996 and 1985 respectively, the Properties are uniquely comprised of two and three bedroom rental flat style and townhouse units with modern unit layouts within one of the region’s strongest economies. Pines of Newpointe and Lynnbrook Forest are well maintained with significant capital invested including a refresh of original interior finishes. The Properties exhibit strong value-add fundamentals through in-unit renovation potential which can garner additional rent increases. Pines of Newpointe and Lynnbrook Forest’s location within Virginia Beach provides residents access to a significant amount of convenience retail and proximity to some of Hampton Road’s largest employers. Pines of Newpointe and Lynnbrook Forest’s exceptional location and unique construction type make it a rare opportunity to acquire two stable, cash flowing assets with additional upside in one of the strongest municipalities in the expanding Hampton Roads economy.
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Pines of Newpointe & Lynnbrook Forest (2 properties, 181 units)
Lynnbrook Forest
56 Units
665 Goose Creek Rd
Virginia Beach, VA  23462
Closed: 9/23/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Pines of Newpointe and Lynnbrook Forest, a 181-unit two property portfolio located in Virginia Beach, Virginia. Built in 1996 and 1985 respectively, the Properties are uniquely comprised of two and three bedroom rental flat style and townhouse units with modern unit layouts within one of the region’s strongest economies. Pines of Newpointe and Lynnbrook Forest are well maintained with significant capital invested including a refresh of original interior finishes. The Properties exhibit strong value-add fundamentals through in-unit renovation potential which can garner additional rent increases. Pines of Newpointe and Lynnbrook Forest’s location within Virginia Beach provides residents access to a significant amount of convenience retail and proximity to some of Hampton Road’s largest employers. Pines of Newpointe and Lynnbrook Forest’s exceptional location and unique construction type make it a rare opportunity to acquire two stable, cash flowing assets with additional upside in one of the strongest municipalities in the expanding Hampton Roads economy.
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Pines of Newpointe & Lynnbrook Forest (2 properties, 181 units)
Pines of Newpointe
125 Units
5510 Seawall Court
Virginia Beach, VA  23462
Closed: 9/23/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Willow Point, 440 units located in Jackson, MS. This well demanded asset sits approximately 10 miles north of the capital city of Downtown Jackson. Willow Point exited its LIHTC program in October 2018 and has proven out outstanding collections growth in recent months as the remaining affordable units turn to full market rates. Originally constructed in 1994 / 1997 under the LIHTC program, Willow Point represents an outstanding opportunity to acquire an asset with significant upside in rental revenue at an attractive basis.
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Willow Point
440 Units
759 Glencross Drive
Jackson, MS  39206
Type: Conventional
Closed: 9/23/2019

Cityscape is a 163-unit apartment community located in the heart of Fort Wayne’s vibrant downtown. Completed in 2017, the community is the largest new urban multifamily development in downtown Fort Wayne.

Property amenities include a large cardio-fitness center, an expansive raised courtyard in the interior of the structure with a unique aqua bench feature (wading pool) and thousands of square feet of open green space. Grilling stations and an outdoor lounge space with firepit are available for residents throughout the year in this one-of-a-kind space at Cityscape Flats. The community also has a penthouse-level club room on the top floor with access to a large deck overlooking Parkview Field and entertainment venue which hosts the minor league baseball team the TinCaps.

The community offers an attractive mix of 5 Studio units, 116 One Bedroom Flats (in three floor plans) and 42 Two Bedroom Flats (in four floor plans). All units have washer/dryer hookips, and kitchens feature granite countertops with brushed nickel accents throughout, frost-free refrigerators, dishwashers and garbage disposals.

The community is in an excellent location conveniently located in the Fort Wayne downtown CBD, with many major employers and two major universities all within minutes of the property.

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CityScape Flats
163 Units
1250 Ewing Street
Fort Wayne, IN  46802
Type: Conventional
Closed: 9/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of West Woods Haven, 268 Class A+ units located down the street from Navy Federal Credit Union’s massive campus expansion (5K+ new jobs coming by 2020) in Pensacola, Florida. West Woods Haven maintains a prime location with high visibility and accessibility off West Nine Mile Road, virtually immediate access to I-10, and is near additional multi-use developments anticipated to spawn from the strong job growth nearby. Completed in two phases between 2016 and 2017, West Woods Haven offers best-in-class livability with an A+ amenity package and top-of-the-line unit features. With outstanding in-place organic growth potential and a wealth of high-salary jobs coming in nearby, West Woods Haven can provide profitable upward momentum and cash flow for the next investor.
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West Woods Haven
268 Units
3202 W Nine Mile Road
Pensacola, FL  32534
Closed: 9/18/2019

Courtyard Apartments consists of 129 units located in Anderson, IN and was built in 1956. The property is currently owned by a private capital group out of Chicago. The current owner has infused more than $300,000 in capital improvements including various roof and window replacements and reviving down units.. With roughly 15 units currently offline, there is ample opportunity to continue improving the property and growing occupancy. Courtyard Apartments is located near Anderson’s most sought after west side neighborhoods. The near west side of Anderson is scheduled to benefit from multiple economic development initiatives, primarily centered around revitalization of the adjacent retail properties.

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The Courtyard
129 Units
2725 W 16th Street
Anderson, IN  46011
Type: Conventional
Closed: 9/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 268-unit Collins Crossing apartment community located in Carrboro, NC. This asset is situated on the Jones Ferry Rd/ NC-54 interchange with immediate access to the area’s premier retailers and economic drivers. Only 94 units are expected to deliver through 2021, of which Carrboro has not seen any new multifamily developments in 10 years. The growing demand of Chapel Hill paired with Carrboro’s lack of supply poises the property for consistent returns for years to come. Built in 1971, Collins Crossing offers an outstanding opportunity to invest in a quality asset that has received an investment of over $5.8 million since 2013.
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Collins Crossing
268 Units
501 Jones Ferry Road
Carrboro, NC  27510
Type: Conventional
Closed: 9/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the brand new, 323-unit Overton Row apartment community in the heart of Plaza Midwood, Charlotte’s authentic epicenter for millennial entertainment. With a prominent presence at the corner of Central Avenue and Hawthorne Lane, Overton Row offers the rare opportunity to acquire an institutional-quality midrise in the city’s most walkable urban nucleus. Nearing completion of the market’s pace-setting lease-up, Overton Row is poised to continue proven, robust rent growth on the next generation of leases, driven by Plaza Midwood’s insulation from new development, high-earning renter pool, and in-process infrastructure improvements that promise enhanced connectivity to the 135,000+ jobs in Charlotte’s CBD.
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Overton Row
323 Units
1201 Central Avenue
Charlotte, NC  28204
Type: Conventional
Closed: 9/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 268-unit Sugarloaf Trails apartment community located in Duluth, Gwinnett County, GA. Gwinnett County is one of Atlanta's top growth corridors with roughly 53% population growth since 2000. Despite the impressive growth, Gwinnett County's apartment market has been extremely under-supplied, delivering 4.8K since 2010, a catalyst for continued rent growth. Additionally, Gwinnett County has more than $2B worth of developments under construction. Three of the largest developments (118-acre Revel entertainment district, Infinite Energy expansion, and 110-acre Legacy Park) are in the Sugarloaf Corridor, further propelling rent growth. Sugarloaf Trails presents the opportunity to acquire a true value-add investment in a thriving location.
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Sugarloaf Trails
268 Units
2255 Satellite Boulevard
Duluth, GA  30136
Type: Conventional
Closed: 9/12/2019
Property is Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Rosemont Country Club apartment community located in Orlando, Florida. The asset is situated in the Rosemont submarket. Built in 1975, Rosemont Country Club offers an incredible opportunity to raise effective rents at the property $627 through a renovation value-add program and achieve a 24% return-on-investment.

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Rosemont Country Club
120 Units
5528 Cinderlane Parkway
Orlando, FL  32808
Closed: 9/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Fern Parc - 343 units located in Huntsville, AL, ranked #1 in AL and #6 in the Nation for job growth. Huntsville attracted over $2.7B in capital investment in 2018 and added 9,500+ new jobs YoY, well outperforming both state and national averages. Notably Huntsville now has the #1 most technical workforce in the country, with nearly 17% of the workforce in a STEMrelated field and earning $95k+ salaries. The metro’s mass influx of capital and quality jobs, sourced by low business costs and a favorable tax climate, will continue to lure some of the country’s leading science, manufacturing, and industrial companies. Fern Parc features high visibility off Memorial Pkwy along Huntsville’s South Corridor, offering residents first-rate connectivity to the metro’s key employment drivers and mixed use projects. Originally constructed in 1974 and fully rehabbed in 2014/2015, Fern Parc represents the opportunity acquire a quality physical plant within the premier Huntsville investment space.
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Fern Parc
343 Units
4100 S. Memorial Parkway
Huntsville, AL  35802
Type: Conventional
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 486-unit Parkside at Camp Creek apartment community located in south metropolitan Atlanta, Fulton County, Georgia. Strategically situated less than three miles west of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in 1970, Parkside at Camp Creek offers an outstanding opportunity to invest in a strong-performing asset with proven value-add potential.
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Parkside at Camp Creek
486 Units
4031 Seven Oaks Lane SW
East Point, GA  30344
Type: Conventional
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 71-unit apartment community located in Warner Robins, Houston County, Georgia. This asset is situated strategically just 2.5 miles from Robins Air Force Base, which recently announced aggressive strategy to add 1,200 tech and cyber security related jobs to Warner Robins. Built in 1976, Stonehenge represents an outstanding opportunity to invest in a value-add ready asset in a submarket with superb growth indicators and market fundamentals, as Middle Georgia maintains its place as a leading Georgia growth market.
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Stonehenge
71 Units
613 Greenbriar Road
Warner Robins, GA  31093
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 3.27-acre Germantown Land development site located in Nashville, Davidson County, Tennessee. This site is situated in the rapidly-expanding and desirable Germantown neighborhood of Nashville. Located 1 mile from Downtown, with excellent visibility and easy access to I-65, the site offers an outstanding opportunity for new multifamily construction. Additionally, the owner is open to a JV structure.
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Germantown Land
371 Units
1703 Rosa L Parks Blvd
Nashville, TN  37208
Closed: 9/9/2019
Cushman & Wakefield is pleased to present for sale the FreightYard Townhomes & Flats, located in the historic North Loop Neighborhood of Minneapolis. FreightYard offers 96 units with a brick and timber design and walkable access to the light rail, five Fortune 500 headquarters, nightlife, sports venues, and an impressive array of award-winning restaurants.

The North Loop is the metro’s highest profile urban neighborhood and its multifamily properties consistently perform at 98% occupancy or better. FreightYard presents investors the rare opportunity to acquire an irreplaceable North Loop asset with historic charm and luxury amenities.

FreightYard Townhomes and Flats features 40 townhouse style units and 56 flats. All units offer stacked washers/dryers, individual HVAC, exposed brick/timber, and high ceilings. The property is offered free and clear of existing financing and tours begin the week of June 4th. Please contact Lance Steiger directly to set up a tour, which will be scheduled by appointment only.
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FreightYard Townhomes & Flats
96 Units
50 North 4th Avenue
Minneapolis, MN  55401
Closed: 9/6/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit two-property Carrollton Portfolio located in Carrollton, Carroll County, Georgia. Residents of Carrollton are attracted to the city’s high quality of life, abundance of recreation, and convenient access to Atlanta’s westside job hubs within 40 minutes. Notably, these properties are within the Carrollton City School district, which was just ranked the #8 “Best School District in Georgia” by Niche.com for 2019. Situated in the desirable southside area of Carrollton, these properties are highly accessible to the market’s major employers and premier retail. Built in 1974 and 1980 and located less than a quarter mile apart, Governor’s Court and Maple Ridge together represent an outstanding opportunity to invest in a value-add ready, synergistic portfolio in a flourishing suburban Atlanta community.
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Carrollton Portfolio (2 properties, 62 units)
Governor's Court
40 Units
201 Hays Mill Road
Carrollton, GA  30117
Type: Conventional
Closed: 9/6/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit two-property Carrollton Portfolio located in Carrollton, Carroll County, Georgia. Residents of Carrollton are attracted to the city’s high quality of life, abundance of recreation, and convenient access to Atlanta’s westside job hubs within 40 minutes. Notably, these properties are within the Carrollton City School district, which was just ranked the #8 “Best School District in Georgia” by Niche.com for 2019. Situated in the desirable southside area of Carrollton, these properties are highly accessible to the market’s major employers and premier retail. Built in 1974 and 1980 and located less than a quarter mile apart, Governor’s Court and Maple Ridge together represent an outstanding opportunity to invest in a value-add ready, synergistic portfolio in a flourishing suburban Atlanta community.
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Carrollton Portfolio (2 properties, 62 units)
Maple Ridge
22 Units
1101 Maple Street
Carrollton, GA  30117
Closed: 9/6/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present ORA Flagler Village - a luxury midrise apartment community with 292 units in Fort Lauderdale, Florida. Situated in Flagler Village, this rapidly expanding location offers a unique blend of walkability to trending retail and access to the most active office market in the county. The apartment homes were carefully crafted to feature two different finish packages and 10’ & 11’ ceilings throughout, resulting in new levels of luxury.

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ORA Flagler Village
292 Units
673 NE 3rd Avenue
Fort Lauderdale, FL  33304
Closed: 9/2/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of Ashley at Breakfast Point, 360 units located in the heart of Panama City Beach, Florida. Situated along Highway 98 with excellent visibility, the community is within minutes of the beach, ranked #3 on TripAdvisor’s Top Beaches in the country, and 1.2 million SF of upscale retail, golf courses, and community attractions. Delivered in 2007, Ashley at Breakfast Point offers residents a "beach-style" living experience with close proximity all of Panama City Beach’s lifestyle amenities. With excellent in-place organic rent growth and further room to boost returns through value add, Ashley at Breakfast Point can provide profitable upward momentum and cash flow for the next investor.
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Ashley at Breakfast Point
360 Units
9700 Panama City Beach Pkwy
Panama City Beach, FL  32407
Type: Conventional
Closed: 8/30/2019