Sold
Country Club
222 Units
3030 North 7th Street
Phoenix, AZ  85014
Sold
Courtney Trace and The Addison (2 properties, 455 units)
Courtney Trace
288 Units
1131 Courtney Trace Circle
Brandon, FL  33511
Sold
Creekside Apartments
152 Units
Riverside, CA
Sold
Creekside Village
326 Units
San Bernardino, CA
Sold
Desert Blossom
10 Units
902 South 28th Avenue
Phoenix, AZ  85009
Short-Sale Approval Required Price: $650,000 Price/Unit: $14,444 Price/SF: $22.22
...
Sold
Desert Meadowlark
45 Units
405 North 40th Avenue
Phoenix, AZ  85009
29 units offered for sale | Buyer may obtain new financing PRICE: $1,425,000 PRICE/UNIT: $49,138 PRICE/SF: $71.93
...
Sold
Desert Villa
29 Units
1826 North 51st Street
Phoenix, AZ  85008

The “Echelon at Centennial Hills” is a bite-sized institutional-quality asset in the desirable “Centennial Hills” submarket in Las Vegas. The asset combines oversized units (1,829 SF average), quality podium construction, structured parking, and a top-tier amenity base. The property is poised to take advantage of the accelerating trends of the northwest Vegas market through improved operations and a possible value-add program.

Location and asset type make this a unique offering, as Centennial Hills is the newest area of expansion in Las Vegas. The Centennial Hills location already rivals the established “Green Valley” submarket in the southeast. Single family developers, multifamily developers, and even high-end retail shops are thriving in the northwest. New multifamily projects are thriving, and luxury developers have plans to take advantage of the desirable demographics in the near future; the Calida group has plans to build an “Elysian” branded asset at the former “Great Mall of Las Vegas” location.

Las Vegas is the 29th largest MSA in the United States, and number one in rent growth among major metros. Rent growth figures averaged above 7.2% through 2018, with stronger growth in “lifestyle” assets than “workforce” assets. Additionally, Las Vegas leads the country in job creation, with year-over-year job gains of 3.2%. In total, 43,800 jobs were created through 2016 & 2017, and unemployment has recently dropped to 4.8%%. This job growth, paired with above-average population growth of 2.4%, continues to expand the local rental market. Additionally, personal income growth for Vegas was 6.1% in 2018, continuing to prove that the market has depth.

...
Sold
Echelon Apartments
62 Units
9051 Echelon Point Dr
Las Vegas, NV  89149
Sold
Emerald Green Portfolio (3 properties, 100 units)
Emerald Court
20 Units
3157 Werk Rd & 3160-3168 Westbrook Dr
Cincinnati, OH  45211
Type: Conventional
Sold
Empire & Buena Vista Development Site
   
Burbank, CA
Cushman & Wakefield is pleased to present the exclusive listing of the 296-unit Landmark at Lake Ellenor apartment community in south Orlando, Orange County, Florida. Located a half mile west of US-441 and 2.5 miles east of the I-4 corridor, the asset offers quick access to south Orlando’s major employment centers, including Walt Disney World, Universal Orlando, Sea World, Darden Restaurants, and Lockheed Martin. Built in 1973, Landmark at Lake Ellenor offers investors an outstanding investment opportunity in one of Orlando’s highest rent growth submarkets.
...
Sold
Enclave at Lake Ellenor
296 Units
2100 W. Oak Ridge Road
Orlando, FL  32809
Type: Conventional
Sold
Emerald Green Portfolio (3 properties, 100 units)
Epworth Apartments
44 Units
3333-3339 Epworth Ave
Cincinnati, OH  45211
Type: Conventional
Sold
Fairwood Landing Apartments
194 Units
Renton, WA
Sold
Forest Oaks on Purdue
256 Units
5628 NW 23rd Street
Oklahoma City, OK  73127
Type: Conventional
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present the City Center Portfolio, a 500-unit, four property portfolio located in Newport News, Virginia. The Properties - Kingstowne (1974 & 1985), Boston Cove (2008), Forrest Court (1971), and Victoria Place (1985) - exhibit strong value-add fundamentals with in-unit renovations which can generate significant rent increases, proven out within the broader submarket. A substantial amount of capital has been invested in the Properties that limits downside risk associated with deferred maintenance and will allow a new investor to focus on income generating renovations. Additionally, the Portfolio is being offered at a price significantly below replacement cost, providing investors with an incredibly attractive acquisition basis relative to newly constructed Class A properties. The Properties are strategically located around Newport News’ premier mixed-use development, City Center at Oyster Point, and have immediate access to I-64 only minutes away. The City Center Portfolio is a rare opportunity to combine irreplaceable Newport News locations and immediate scale with additional upside in the vastly expanding Hampton Roads market.
...
Sold
Newport News City Center Portfolio (4 properties, 500 units)
Forrest Court
46 Units
827 Forrest Drive
Newport News, VA  23606
Sold
Boston Cove, Victoria Place & Forrest Court (3 properties, 116 units)
Forrest Court
46 Units
827 Forrest Drive
Newport News, VA  23606
*PRICE RECENTLY REDUCED* Price: $249,000 Price/Unit: $24,900
...
Sold
Galaxy Estates
10 Units
4838, 4900, & 4902 East Culver Street
Phoenix, AZ  85008
Sold
Garden
32 Units
2608-2618 East Roosevelt Street & 2623 East Portland Street
Phoenix, AZ  85008
Sold
Garden Apartments
120 Units
1613 N MacArthur Blvd
Oklahoma City, OK  73127
Type: Conventional
Sold
Glenbrook East
200 Units
26 Waverly Dr # G
Stroudesburg, PA  18360
Type: Conventional
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.
...
Sold
Greater Phoenix Multifamily Portfolio Opportunity
   
AZ