Sold
Gloria Park Villas
240 Units
3625 S. Decatur Blvd.
Las Vegas, NV  89103
Sold
Grand Baldwin Building
190 Units
655 Eden Park Drive
Cincinnati, OH  45202
Sold
Grant's Trail
76 Units
2616 Union Road
St. Louis, MO  63125
Type: Conventional
Posted: 11/10/2017
Acacia Pointe sold on 10/15/13 for $8,528,000. Colony sold on 10/22/13 for $8,600,000.
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Greater Phoenix Multifamily Portfolio Opportunity
   
AZ
Sold
Greenwood Apartments
291 Units
Englewood, CO
December 2014
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Grotto Apartments - 2014
11 Units
996 Grotto St N
St. Paul, MN  55103
Type: Conventional
December 2012
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Sold
Grotto Apartments 2012
11 Units
996 Grotto St N
St. Paul, MN  55103
Type: Conventional
Please do not disturb on-site management. All property visits must be scheduled with listing agent.
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Gulf Breeze Apartments & Storage
   
1727 Main Street
La Marque, TX  77568
Sold
Hammond Manor
98 Units
6214 NW 38th St
Oklahoma City, OK  73008
Type: Conventional
Sold
Hampton Garden Apartments
180 Units
9750 Peace Way
Las Vegas, NV
Type: Conventional
80-unit purpose-built assisted living facility situated on 5.83 acres. Total improvements contain 65,801 square feet.
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Heritage at Danvers
   
Danvers, MA
Sold
Hollywood Studio Club
243 Units
Hollywood, CA
Sold
Hunters Ridge
198 Units
5625 Hunters Valley Court
St. Louis, MO  63129
Type: Conventional
Posted: 11/13/2017
Sold
Huntley Ridge
88 Units
520 Aberdeen Ave
Dayton, OH  45416
Type: Conventional
Sold
Huntley Ridge
70 Units
2010 Port Royal
Crystal City, MO  63019
Type: Conventional
Posted: 11/9/2017

Inspirado Apartments, located in the Northwest part of the Valley, is a well maintained 2010 vintage asset in Centennial Hills, next to the Santa Fe Station Hotel & Casino. Inspirado was designed by one of the area’s finest custom home builders, and features a European style swimming pool, relaxing hot tub, cabana area with built in gas grill, a fitness facility and a business center.

With asking rents currently averaging $1,278 per month, or $1.30 PSF, Inspirado is a prime value-add candidate. The finishes of the unit interiors provides for the opportunity to perform renovations in each unit by adding wood-look flooring, upgrading appliances, hardware, lighting, countertops, and paint. There is also an additional opportunity to improve the clubhouse and amenity package for the property. Renovations and upgrades to the clubhouse & fitness center can assist the property in appealing to higher profile residents. The average household income within one mile of the property is around $80,000 per year and there are over 400K people living within a 5-mile radius of the property.

Inspirado Apartments is a prime value-add candidate located in an affluent area of the Las Vegas Valley. Additionally, Yardi Matrix projects rent growth above 7.1% for Las Vegas in 2020.

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Inspirado Apartments
252 Units
6885 W. Lone Mountain Road
Las Vegas, NV  89108
Sold
Integra Cove
338 Units
6801 Integra Cove Blvd.
Orlando, FL  32821
Type: Conventional
Sold
Jersey Meadows
288 Units
2700 East 53rd Street
Davenport, IA  52807

Cushman & Wakefield is pleased to introduce the opportunity to purchase La Reserve on Forty-Fifth - a 301-unit garden-style apartment community built in 1972 with the potential for improved operations and a remaining value-add component with operating expense efficiencies. The property sits on 16.57 acres in what is considered to be an evolving and regentrifying submarket of the Phoenix metro area for renters and commercial establishments alike.

La Reserve on Forty-Fifth offers a good unit mix of one-bedroom (11%), two-bedroom (43%) and three-bedroom (46%) units with an average unit size of 908 square feet. Contact us today to schedule your tour of La Reserve on Forty-Fifth.

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La Reserve on Forty-Fifth
301 Units
2627 N 45th Avenue
Phoenix, AZ  85035
Type: Conventional
Sold
La Ville
19 Units
4231-4237 North 27th Street
Phoenix, AZ  85016
Sold
Lehman Place
14 Units
6412 Wise Avenue
St. Louis, MO  63139
Type: Conventional
Posted: 11/10/2017
Sign the electronic Confidentiality Agreement to gain access to the online package. PROPERTY TOURS: • Wednesday, September 10, 2014 • Wednesday, September 17, 2014 • Wednesday, September 24, 2014 • Wednesday, October 1 2014 • Thursday, October 9, 2014 *To schedule a tour outside of these dates, please contact Mike Kemether (404.853.5269) or Craig Collins (502.719.3221). CALL FOR OFFERS: • Monday, October 13, 2014 Please contact Mike Kemether 404-853-5269, Craig Collins 502-719-3221, or Chris Spain 404-853-5234 to discuss or schedule a tour.
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Lexington KY 3
1108 Units
Lexington, KY