The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit ARIUM Homeplace apartment community located in the highly desirable Prattville, Alabama. Prattville has observed 40% population growth since 2000, and James Hardie just announced a $220M project (200+ new jobs) just 2.5 miles southwest of the subject. This asset is situated within the master-planned Homeplace community, consisting of nearly three million square feet of retail space, Capitol Hill Golf Club, upscale residential, and a Marriott hotel. Built in 2014, ARIUM Homeplace offers the investor the opportunity to acquire Prattville’s premier multifamily community, boasting Humphrey’s Big House Design and top tier luxury amenities. The next investor will be acquiring an asset with a powerful lease trajectory and a track record of collections growth.
...
Sold
ARIUM Homeplace
240 Units
790 Old Quarters Road
Prattville, AL  36066
Type: Conventional
Closed: 12/21/2017
Property Tours:
  • Thursday, July 20, 2017
  • Thursday, July 27, 2017
  • Thursday, August 3, 2017
  • Thursday, August 10, 2017
  • Wednesday, August 16, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 320-unit Mariner Grove apartment community located in Savannah, Georgia. A premier Class A new construction asset located just east of the downtown Savannah core, Mariner Grove is uniquely positioned along the path of $1B of planned eastward development which will ultimately directly connect the property to the historic district. Mariner Grove offers an unmatched pristine natural setting among hundreds-year-old oak trees accented by immense greenspace, best-in-class amenities and finishes - all of which are virtually unseen among direct competitors in highly underserved historic downtown. Downtown’s extremely limited, under-amenitized inventory combined with Mariner Grove’s impressive lease-up will amount to substantial stabilized rent growth by 2018.

...
Sold
Mariner Grove
320 Units
2010 East President Street
Savannah, GA  31404
Type: Conventional
Closed: 12/21/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Heritage at Riverstone apartment community located in Canton, Cherokee County, GA. With direct interstate access, a low cost of living, high-quality educational opportunities, and readily available and expanding healthcare facilities, Cherokee County has become a desirable north metro Atlanta suburb. Built in 2001, Heritage at Riverstone represents is a Class A asset located in a burgeoning submarket with unmatched population growth and limited multifamily development due to the recently passed moratorium. These factors, coupled with a strong surrounding demographic profile, have led to strong historical property performance. With demand for upgraded interiors evident at the subject property and in the submarket, Heritage at Riverstone is an excellent investment opportunity
...
Sold
Heritage at Riverstone
240 Units
101 Heritage Drive
Canton, GA  30114
Type: Conventional
Closed: 12/20/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 415-unit Serenity at Three Rivers apartment community in West Columbia, SC. Built in 1968 - 1974, Serenity at Three Rivers is ideally located just 2 miles west of Downtown Columbia, providing convenient access to major employment centers in both Richland and Lexington counties. The property is finalizing a $5.0 Million CapEx program focused on capital preservation and has fully upgraded eight units that are obtaining $100 - $145 rent premiums on average. In addition, the newly stabilized property offers tremendous organic upside as current rents are $262 below the submarket average. With a comprehensive value-add program bringing rents up to submarket averages, Serenity at Three Rivers would post an additional $1.3 Million in annual NOI.
...
Sold
Serenity at Three Rivers
415 Units
100 Riverbend Drive
West Columbia, SC  29619
Type: Conventional
Closed: 12/20/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Palmetto Grove, a 368-unit garden apartment community located in the heart of North Charleston just minutes from Downtown Charleston. With convenient I-26 access, the property is just minutes from Downtown Charleston as well as 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 property offers significant upside as current rents trail the submarket by $89 and nearby Class A competitors by $192 to $247 on average. The property is also located adjacent to Ingleside - a 1,500 acre mixed-use development currently under construction that will feature over 8 million SF of office, industrial and retail space.
...
Sold
Palmetto Grove
368 Units
7927 St. Ives Road
North Charleston, SC  29406
Type: Conventional
Closed: 12/18/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit The Park at London apartment community located in Ellenwood, Clayton County, Georgia in south metro Atlanta’s Southern Crescent region. This asset is strategically located six miles southeast of Hartsfield-Jackson Atlanta International Airport, and benefits from numerous employment drivers in the rapidly expanding aerotropolis district. Built in 1988, The Park at London represents an outstanding opportunity to invest in a solid, performing asset which possesses proven value-add potential.
...
Sold
The Park at London
240 Units
2445 Rex Road
Ellenwood, GA  30294
Type: Conventional
Closed: 12/18/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Arbor Creek, a 280-unit, 1969-built garden apartment community located in Raleigh, NC. Conveniently situated in the Cary submarket of the explosive Raleigh-Durham MSA, Arbor Creek provides tenants with close proximity to the area’s premier retail destinations and economic drivers, and a highly sought after school system. Additionally, the submarket’s projected rent growth and occupancy rates of 13% and 97%, respectively, will complement property performance for years to come. With over $3 million in CapEx recently completed, Arbor Creek is a low-maintenance, clean asset with two different levels of proven value-add that have potential to increase annual NOI up to 15% upon completion.
...
Sold
Arbor Creek
280 Units
5400 Portree Place
Raleigh, NC  27606
Type: Conventional
Closed: 12/15/2017
COMING SOON
...
Sold
Galway Place Townhomes
36 Units
11184 Hanson Blvd NW
Coon Rapids, MN  55433
Type: Affordable Housing
Closed: 12/15/2017
    Tours Starting September 12th:
    • Tuesdays 10:00am - 3:00pm
    • Wednesdays 10:00am - 3:00pm
    • Thursdays 10:00am - 3:00pm

    Riverwalk Townhomes and Flats, located in the historic North Loop Neighborhood of Minneapolis, offers brick and timber design with walkable access to 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. This Riverwalk offering presents investors the rare opportunity to acquire an irreplaceable North Loop asset with tremendous upside potential through in-unit renovations.

    The asset 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 bids will be accepted on Wednesday October 4th. Tours will be scheduled Tuesday, Wednesday and Thursday between the hours of 10:00am and 3:00pm, beginning Tuesday, September 12th.

...
Sold
Riverwalk Townhomes & Flats
96 Units
50 N 4th Ave
Minneapolis, MN  55401
Type: Conventional
Closed: 12/15/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Broadway at East Atlanta apartment community located in DeKalb County, Georgia. This close-in metropolitan asset benefits from proximity to I-20 and I-285, providing easy connectivity to numerous employment drivers. Built in 1967, Broadway at East Atlanta presents investors with the opportunity to acquire a strong performing property with value-add upside in one of Atlanta’s hottest urban submarkets.
...
Sold
Broadway at East Atlanta
176 Units
1930 Flat Shoals Road
Atlanta, GA  30316
Type: Conventional
Closed: 12/14/2017
Property Tours:
  • Tuesday, August 8, 2017
  • Tuesday, August 15, 2017
  • Tuesday, August 22, 2017
  • Tuesday, August 29, 2017
  • Tuesday, September 5, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Dunfield Place apartment community, located in north Atlanta’s city of Lawrenceville. Conveniently located along I-85, Dunfield Place is situated within the South Gwinnett submarket: one of metro Atlanta’s top performing submarkets. The subject is located within minutes of over 4M SF of Class A office space, thousands of jobs, national retail, and major entertainment centers. A highly regulated apartment market, stout community opposition to new development, and metro leading net-migration and population growth create enormous demand for apartments in Gwinnett County, driving organic rent growth. Dunfield Place presents an excellent opportunity to acquire a strongly performing asset, with a proven value-add program, well below replacement cost.

...
Sold
Dunfield Place
200 Units
3525 Club Drive
Lawrenceville, GA  30044
Type: Conventional
Closed: 12/14/2017
Located north of the northwest corner of 145th Avenue and McDowell Road, within the Palm Valley Master Planned Community in Goodyear, Arizona, this 10.42 acre multifamily development site is approved for 188 total apartment units (18 units per acre). Utilities are provided to site.
...
Sold
145th Avenue & McDowell Road Site
10.42 Acres
N/NWC 145th Avenue & McDowell Road
Goodyear, AZ  85395
Type: Land
Closed: 12/13/2017
Sold
Deer Valley Apartments
224 Units
30011 N Waukegan Rd
Lake Bluff, IL  60044
Closed: 12/13/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of Park at Clearwater, a 280-unit, 2000 / 2004-built apartment community in Aberdeen, NC. Fueled by its proximity to Fort Bragg, the local economy has blossomed in recent years, posting superior market fundamentals to both the state and Fayetteville. The property’s convenient location offers premiere retail at a walking distance and easy accessibility to the area’s primary economic drivers. Built in 2000 / 2004 with a unique architectural style and following a capital infusion of nearly $650,000, Park at Clearwater is a low-maintenance, quality asset with a proven in-place value-add program. With rents trailing the submarket average and upgraded units proving $95 monthly premiums, incoming investors will have the opportunity to boost annual NOI by an impressive 26%.
...
Sold
Park at Clearwater
280 Units
800 Churchill Downs Drive
Aberdeen, NC  28315
Type: Conventional
Closed: 12/13/2017

The Cushman & Wakefield Fogler/Nicoluzakis Multifamily Capital Markets Team is pleased to offer THE VINTAGE, a two-story, Class "A" garden style apartment community located in Gilbert, Arizona, within close proximity to major valley freeways, a wide variety of major employment sources, shopping, dining, entertainment and recreational venues.

THE VINTAGE features a large, recently upgraded resort-style swimming pool and spa, indoor/outdoor basketball courts, indoor racquetball court, billiards room, state-of-the-art fitness center, playground, clubhouse with theater room and business center/conference room, covered parking and garages.

Interior amenities include roman soaking tubs and/or walk-in showers, 9-foot ceilings, walk-in closets, washer/dryers and gourmet-style kitchens with top-of-the-line appliances. 61 of the 107 unit interiors have been upgraded to a premium level.

...
Sold
The Vintage Luxury Apartments
107 Units
1303 West Juniper Avenue
Gilbert, AZ  85233
Closed: 12/13/2017
Parc Station is a recently completed, 336-unit, trophy residential asset located in East Hollywood, Florida. The property meets the Bronze level of the National Green Building Standard. Parc Station represents the first three-story, suburban Transit Oriented Development (TOD) to be built and marketed in the current development cycle. The property offers residents walk-on/walk-off access to South Florida’s expanding Tri-Rail. With 42% of residents working in Miami-Dade and a new link to downtown Miami coming online in 1Q 2018, the railway will improve connectivity for residents and establish the community as a true rental alternative to downtown Miami’s high rent apartments. The property has exposure to I-95 with over 244,000 cars passing daily. With its convenient highway access, residents who chose to drive have expanded connectivity throughout the region. The strength of the area is evident by Kimco’s commitment on the $1 billion Dania Pointe mixed-use development project currently underway. The property received its final CO in December 2016 and is finalizing its lease-up with average household incomes over $94,000.
...
Sold
Parc Station
336 Units
2300 N. 29th Avenue
Hollywood, FL  33020
Closed: 12/11/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Magnolia Pointe at Madison apartment community located in the expanding city of Huntsville, Alabama. This asset maintains an A+ location within the desirable Madison suburban zip code, and is in close proximity to the region’s top economic drivers including Cummings Research Park, Redstone Arsenal, and Bridge Street Town Centre. West Huntsville is experiencing outstanding economic momentum, as a wealth of new retail/mixed use developments is on the way in conjunction with expanding industry. Built in 1991 with massive floor plans, Magnolia Pointe at Madison arrives to the market with stellar performance and proven value add returns.
...
Sold
Magnolia Pointe at Madison
204 Units
7900 Old Madison Pike
Madison, AL  35758
Type: Conventional
Closed: 12/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 296-unit, two-property portfolio consisting of Berkshire Manor (104 units - 1972) and Berkshire Manor West (192 units - 1979). The properties are located across the street from each other in Carrboro, NC just two (2) miles from the University of North Carolina at Chapel Hill. The portfolio offers an outstanding opportunity to invest in two (2) solid performing assets with proven value-add opportunity in an affluent Chapel Hill submarket sheltered from future supply.
...
Sold
Berkshire Manor & Berkshire Manor West (2 properties, 296 units)
Berkshire Manor
104 Units
101 Highway 54 Bypass
Carrboro, NC  27510
Type: Conventional
Closed: 12/4/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 296-unit, two-property portfolio consisting of Berkshire Manor (104 units - 1972) and Berkshire Manor West (192 units - 1979). The properties are located across the street from each other in Carrboro, NC just two (2) miles from the University of North Carolina at Chapel Hill. The portfolio offers an outstanding opportunity to invest in two (2) solid performing assets with proven value-add opportunity in an affluent Chapel Hill submarket sheltered from future supply.
...
Sold
Berkshire Manor & Berkshire Manor West (2 properties, 296 units)
Berkshire Manor West
192 Units
112 Highway 54 Bypass
Carrboro, NC  27510
Type: Conventional
Closed: 12/4/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 304-unit, 2013-built Springs at Greenville apartments in Greenville, SC. The property is located just off of Interstate-385 in the heart of the "Industry Triangle," home to 8 of the city’s 10 largest employers and 50,000 jobs. The property’s ideal location also give residents the pleasure of being able to walk to premiere retail destinations along Woodruff Road. Springs at Greenville is a core-plus asset built with a unique architectural style, and has support to boost NOI 14% through a comprehensive interior value-add initiative.
...
Sold
Springs at Greenville
304 Units
1000 Oak Springs Drive
Greenville, SC  29615
Type: Conventional
Closed: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit Summer Chase apartment community located in Johnson City, Washington County, Tennessee. The 1983-built asset benefits from desirable demographics as well as robust monthly collections and consistently high occupancy levels. New ownership has the opportunity to increase revenue through completion of a market-supported, upgrade program.
...
Sold
Summer Chase
96 Units
1811 West Lakeview Drive
Johnson City, TN  37601
Type: Conventional
Closed: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Terrace 31, a 79-unit apartment community located in Pelham, Shelby County, Alabama. This asset is situated in the desirable North Shelby County submarket. Built in 1972 / 1998 and renovated in 2015, the property represents an outstanding opportunity to invest in an upward trending asset within a well demanded submarket.
...
Sold
Terrace 31
79 Units
2059 Little Mountain Circle
Pelham, AL  35124
Type: Conventional
Closed: 11/29/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 94-unit Timberchase apartment community located in Birmingham, Jefferson County, AL. This asset is situated in close proximity to all employment and lifestyle amenities in the Birmingham Metro. Built in 1973, this well maintained property represents an outstanding opportunity to invest in an extremely stable cash flowing asset in a desirable Birmingham neighborhood.
...
Sold
Timberchase
94 Units
925 Beacon Parkway East
Birmingham, AL  35209
Closed: 11/22/2017

Arcadia Gardens is a 76-unit, five-building, two-story former hotel that has been readapted to an apartment community. It is located on the northeast corner of 32nd Street and Earll Drive in the highly desirable Arcadia/Biltmore area of Phoenix, Arizona. This outstanding location is minutes away from major valley freeways, entertainment, shopping, dining, local schools and employment centers.

Arcadia Gardens features a new resort-style swimming pool, outdoor fire pit, barbecue area, state-of-the-art fitness center, two-story clubhouse, event and business center, WiFi cafe/bar, pet park, putting green, gated entry, covered parking and modern laundry facilities. Unit interiors have been fully remodeled and include such amenities as stainless appliances, quartz countertops, wood plank-style flooring, smooth texture walls, new cabinets and modern lighting.

...
Sold
Arcadia Gardens
76 Units
3101 North 32nd Street
Phoenix, AZ  85018
Closed: 11/21/2017