Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Footprints on the Bay (the "Property") a 96-unit garden-style apartment community located in Monterey, California. Situated in a highly sought after coastal market, Footprints on the Bay is Monterey’s second largest multifamily property and provides residents convenient access to the region’s diverse employers such as the Naval Post Graduate School, Community Hospital of Monterey Peninsula, Cal State Monterey Bay, Dole Fresh Vegetables Company and Pebble Beach Resorts.

Footprints on the Bay was built in 1972 and is situated on 4.32 acres of mature, landscaped grounds. The well-amenitized property has a favorable unit mix of 8 Studios, 44 one-bedroom units and 44 two-bedroom units. Footprints on the Bay has the added benefit of an existing condo map. 116 former apartment units have been sold off as condos. Although current ownership has diligently maintained the asset, no units at Footprints on the Bay have undergone a modern renovation program. With the opportunity to invest in an asset repositioning, an investor can execute on a market proven value-add strategy and unlock the tremendous upside potential of Footprints on the Bay.

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Footprints on the Bay
96 Units
300 Glenwood Circle
Monterey, CA  93940
Type: Conventional
Closed: 5/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the South Central 8 Portfolio - 1,362 units located in Jackson, TN, Bowling Green, KY, Horn Lake, MS, and Southaven, MS. Each asset is located within minutes of quality retail. With prime locations and stable cash flows, these eight assets offer an outstanding opportunity to invest in a proven value-add program and are poised for powerful future growth.
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Centralized Southeast 8 (8 properties, 1,362 units)
Savannah Creek
204 Units
385 Nail Road East
Southaven, MS  38671
Type: Conventional
Closed: 5/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the South Central 8 Portfolio - 1,362 units located in Jackson, TN, Bowling Green, KY, Horn Lake, MS, and Southaven, MS. Each asset is located within minutes of quality retail. With prime locations and stable cash flows, these eight assets offer an outstanding opportunity to invest in a proven value-add program and are poised for powerful future growth.
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Centralized Southeast 8 (8 properties, 1,362 units)
The DeSoto
253 Units
1000 Sutton Place
Horn Lake, MS  38637
Type: Conventional
Closed: 5/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Commons at Fort Mill, 144-unit apartment community. Delivered in 2009, The Commons at Fort Mill is located in the heart of the thriving Rock Hill / Fort Mill submarket, located just minutes from Fort Mill and Charlotte MSA’s top employers. The property is defined by an exceptional demographic base including an average HHI of over $109,000 within a one-mile radius and 76% white collar employment. Supported by steady operations, The Commons at Fort Mill is setup to bridge the +$275 delta in effective rents to market competitors through a layup value-add initiative, poised to generate premiums of $175.
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The Commons at Fort Mill
144 Units
221 Embassy Drive
Fort Mill, SC  29715
Type: Conventional
Closed: 5/2/2019

211-219 W 4th St is a unique, fully entitled, redevelopment opportunity located in Downtown Cincinnati. The current owner has full construction drawings and building p

ermit to construct 40 -1BR apartments, 2 retail storefront spaces along with lower level parking spaces. This property is located in the southwest section of the CBD which is currently experiencing substantial growth in both residential, retail and office development.

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211-219 W Fourth St
40 Units
211-219 W Fourth St
Cincinnati, OH  45202
Type: Conventional
Closed: 5/1/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 649-unit Louisiana Portfolio, which includes four apartment communities. Two of the properties are located in the New Orleans metro and two are in the Lafayette metro. The immediate submarkets provide healthy demographic support due to the excellent regional connectivity and key Louisiana employers. With Louisiana catalyzed by heightened economic activity, population and job growth are projected to continue for the foreseeable future. Louisiana was recently ranked 2nd in the South for economic development and 4th best state in the US for small business. This portfolio represents the opportunity to immediately establish a strong platform in three high-profile Louisiana markets.
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Louisiana 4 Portfolio (4 properties, 649 units)
Colonial Manor
48 Units
7373 Jefferson Highway
Harahan, LA  70123
Closed: 4/30/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 384-unit Enclave Blythewood apartment community located in the Columbia, SC MSA. Delivered in two phases (2008/15), Enclave Blythewood features high-quality design available significantly below replacement cost. Reinforced by favorable operations, the property is poised for a potential 50% NOI boost driven by a multi-faceted value-add program. Ideally located in North Richland County's affluent and rapidly expanding economic core, Enclave Blythewood is within two miles of 2,600 current jobs and 1,825 recent new jobs announced. Continued employment growth coupled with minimal supply positions Enclave Blythewood to enjoy the benefits of a tightening rental market.
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Enclave Blythewood
384 Units
2051-2 Blythewood Crossing Lane
Blythewood, SC  29016
Type: Conventional
Closed: 4/30/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Galleria 3 Portfolio, an 825-unit value add portfolio centralized in the desirable Hoover municipality of Birmingham, Alabama. The portfolio is comprised of three communities: The Park at Galleria (431 units), The Place at Galleria (150 units), and The Renaissance at Galleria (244 units). Hoover is ranked the 4th best place to live in Alabama (Niche, 2018), boasting a state ranked school system, affluent demographics, and heavy barriers to entry for multifamily. The municipality also offers access to over 10,000 jobs and 2.8 million square feet of quality retail, along with a healthy pipeline of new economic development. Delivered between 1972 and 2002, The Galleria 3 Portfolio offers proven value add upside and heavy operational upside, both of which can create massive cash flow for the next investor.
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Galleria 3 Portfolio (3 properties, 825 units)
Park at Galleria
431 Units
550 Hampton Park Drive
Hoover, AL  35216
Type: Conventional
Closed: 4/30/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Buckingham - 583 units located in Birmingham’s Homewood submarket, which is ranked #2 of Alabama’s top suburbs. Homewood maintains heavy restrictions on new multifamily development, resulting in zero under-construction units and less than 750 delivered units over the past 10 years. Residents at the subject property are afforded easy access to dense cores of quality jobs and upper echelon retail options. Constructed in 1972, The Park at Buckingham features substantial, untapped value add upside within the premier suburban district of Homewood.
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The Park at Buckingham
583 Units
114 Aspen Circle
Birmingham, AL  35209
Type: Conventional
Closed: 4/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Callington and The Park at Carlyle, 1,233-units located in Birmingham, AL. This community is conveniently located less than 3 miles from a resurging downtown Birmingham and easily accessible to the state’s largest employers, entertainment districts, and demand drivers. The next investor will benefit from efficient property management and by taking advantage of economies of scale to enhance overall returns. Built between 1973-78, the properties present an outstanding opportunity to invest in value-add assets strategically positioned within a budding market.
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The Park at Callington & Carlyle (2 properties, 1,233 units)
The Park at Callington
604 Units
700 Aspen Drive
Birmingham, AL  35209
Type: Conventional
Closed: 4/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Park at Callington and The Park at Carlyle, 1,233-units located in Birmingham, AL. This community is conveniently located less than 3 miles from a resurging downtown Birmingham and easily accessible to the state’s largest employers, entertainment districts, and demand drivers. The next investor will benefit from efficient property management and by taking advantage of economies of scale to enhance overall returns. Built between 1973-78, the properties present an outstanding opportunity to invest in value-add assets strategically positioned within a budding market.
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The Park at Callington & Carlyle (2 properties, 1,233 units)
The Park at Carlyle
629 Units
200 Robert Jemison Drive
Birmingham, AL  35209
Type: Conventional
Closed: 4/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the South Central 8 Portfolio - 1,362 units located in Jackson, TN, Bowling Green, KY, Horn Lake, MS, and Southaven, MS. Each asset is located within minutes of quality retail. With prime locations and stable cash flows, these eight assets offer an outstanding opportunity to invest in a proven value-add program and are poised for powerful future growth.
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Centralized Southeast 8 (8 properties, 1,362 units)
Fairways at Hartland
240 Units
850 Wilkinson Trace
Bowling Green, KY  42103
Type: Conventional
Closed: 4/25/2019

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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San Antonio Legacy 7 Portfolio (7 properties, 760 units)
Four Seasons
46 Units
1779 Nacogdoches
San Antonio, TX  78209
Type: Conventional
Closed: 4/24/2019

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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San Antonio Legacy 7 Portfolio (7 properties, 760 units)
Greenwich Village
70 Units
215 Jackson-Keller
San Antonio, TX  78216
Type: Conventional
Closed: 4/24/2019

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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San Antonio Legacy 7 Portfolio (7 properties, 760 units)
Herweck House
34 Units
231 Herweck Drive
San Antonio, TX  78006
Type: Conventional
Closed: 4/24/2019

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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San Antonio Legacy 7 Portfolio (7 properties, 760 units)
Tara
234 Units
8051 Broadway
San Antonio , TX  78209
Type: Conventional
Closed: 4/24/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Grayson Luxury Apartments, a 330-unit community located in Spring, Texas, a desirable north Houston enclave. Situated just west of Interstate 45, The Grayson offers excellent commuter connectivity to downtown and the burgeoning north Houston region. The Grayson is poised to benefit from significant corporate investment from Exxon Mobil and HP’s new campuses along North Houston’s economic spine. This strategic location is further bolstered by the surrounding demographics where average household income exceeds $100,000 within a one-mile radius. Additionally, skyrocketing rents in the Woodlands submarket to the north are now pushing residents south, allowing The Grayson to capture traffic from priced out corporate employees. The Grayson represents the opportunity to acquire an attractively positioned property in one of Houston’s burgeoning markets with stellar rent growth projections driven by limited pipeline.
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The Grayson
330 Units
4115 Louetta Road
Spring, TX  77388
Type: Conventional
Closed: 4/24/2019

The San Antonio Legacy 7 Portfolio is an exceptional opportunity to acquire well located and meticulously maintained value add assets in the San Antonio market. These properties have been owned and operated as an "all bills paid" portfolio by the current owner for over 36 years. The operating philosophy has been to keep the properties in top condition and fully occupied with a well-qualified resident profile. Rental rates are well below the market and new ownership can potentially increase income dramatically with value-add improvements and operational efficiencies.

All properties are located in mature infill locations that are difficult, if not impossible, to replicate, within Loop 410. Six of the seven properties have north side locations. Each asset has a history of high occupancy and none have been "upgraded" other than regular replacements.

This portfolio of 760 units represents a tremendous opportunity for investors to acquire a well-positioned and operationally efficient portfolio with a clear value add strategy. It could take years to assemble a similar group of properties with equivalent locations through individual acquisitions. These assets are unencumbered by existing debt and can be purchased individually or as a portfolio.

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San Antonio Legacy 7 Portfolio (7 properties, 760 units)
The Tahitian
48 Units
202 Birchleaf Drive
San Antonio, TX  78216
Type: Conventional
Closed: 4/24/2019
Sold
Pines of Roanoke
216 Units
4630 Roxbury Ln
Roanoke, VA  24018
Closed: 4/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 276-unit Millennium Towne Center apartment community located in Baton Rouge, Louisiana. Millennium Towne Center is adjacent to Baton Rouge’s leading retail district, Towne Center at Cedar Lodge which is anchored by a Whole Foods Market. Given a one-mile radius of the property, average household income is roughly $110K and white collar employment levels exceed 76%. As Baton Rouge continues to flourish through the growth of leading employment industries, including healthcare, higher education, petrochemical industries, and shipping, Millennium Towne Center will continue to attract an affluent regional resident profile. Millennium Towne Center is an excellent opportunity to acquire upscale product below replacement cost.
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Millennium Towne Center
276 Units
6810 Jefferson Highway
Baton Rouge, LA  70806
Type: Conventional
Closed: 4/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit Greenwood at Marketplace apartment community located in East Point, Fulton County, Georgia. Strategically situated in south metropolitan Atlanta, just two miles west of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in 1971, Greenwood at Marketplace represents or offers an outstanding opportunity to invest in a strong-performing asset with proven value-add potential.
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Greenwood at Marketplace
152 Units
3222 Kenelworth Drive
East Point, GA  30344
Type: Conventional
Closed: 4/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 448-unit Anzio apartment community located in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, Georgia, one of the fastest growing counties in the nation for more than two decades. This asset is situated in a high barriers-to-entry submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily, occupancy and rent have continued to climb, leading to a strong historical property performance. With demand for upgraded interiors evident in the submarket and at the subject, Anzio is an excellent opportunity to acquire a proven value-add investment.
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Anzio
448 Units
3100 Sweetwater Road
Lawrenceville, GA  30044
Type: Conventional
Closed: 4/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 164-Unit, Fox Ridge Manor in Raleigh, NC. The property has experienced a surge in organic rent growth due to a recent $1 million capital infusion, including new roofs, paired with its position along the path of progress in Raleigh. Built in 1972, Fox Ridge Manor offers an additional 5.5 acres of excess land and is comprised of a unique set of 2BR and 3BR townhomes with market leading floorplan sizes, while the Southern Raleigh submarket has outpaced the broader metro in occupancy and rent growth. Fox Ridge Manor also offers new ownership the opportunity for an impactful 39% boost to NOI through multiple revenue streams including a recent water/sewer submetering program and a proven value add initiative.
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Fox Ridge Manor
164 Units
2200 Fox Ridge Manor Road
Raleigh, NC  27610
Closed: 4/10/2019

Spyglass is a 120-unit apartment community exceptionally well located on Indianapolis’ far north side. The community was built in 1979 and has been very well maintained. The property has a history of high occupancy.

The community offers an attractive mix of 36 one-bedroom flats, 32 two-bedroom flats, 28 two-bedroom townhomes, and 24 three-bedroom townhomes. The property’s 16.48 acres features many mature trees and ample green space.

Community amenities include a clubhouse/community center with 24-hour fitness center, business center and free tanning; a swimming pool and sundeck; a picnic area; tennis court; and playground. The community offers 50 covered parking spaces for an additional rental.

Unit features vary by unit type but include attractive, spacious floor plans, fully-equipped kitchens, private patios or balconies, washer/dryer hookups (in all units except the one-bedrooms), walk-in closets, in-unit storage and wood-burning fireplaces. Select units have attractive lake views

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Spyglass
120 Units
8320 Spyglass Drive
Indianapolis, IN  46260
Type: Conventional
Closed: 4/9/2019