The "South Beach Resort" is THE premier multifamily asset in the Las Vegas valley, as it combines true resort living with an unequaled lifestyle and hospitality experience. Recently completed, the property is poised to take advantage of the fastest growing submarket in Las Vegas. Location and asset type makes this a unique offering, as the property is nestled between the Red Rock Canyon National Conservation area and the famous Las Vegas Strip, and benefits from proximity to Downtown Summerlin, and ease-of-access to major expressways & transportation.

Currently, Las Vegas is the 29th largest MSA in the United States, and number two in rent growth among major metros. Rent growth figures have averaged above 6% through 2016 and 2017, and the Southwest market continues to have the highest rent growth figures in the greater MSA. Additionally, Las Vegas leads the country in job creation, with year-over-year job gains of 3.3%. In total, 43,800 jobs were created through 2016 & 2017, and unemployment has stayed stable at 4.9%. This job growth, paired with above-average population growth, continues to expand the local rental market.

The result is a creation of the next generation of multifamily living that has never been witnessed in Las Vegas, or nationwide.

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South Beach Resort
220 Units
8920 West Russell Road
Las Vegas, NV  89148
Sold
Southpointe
192 Units
9950 Pointe South Drive
St. Louis, MO  63128
Type: Conventional
Posted: 11/10/2017
Sold
Springs at Liberty Township
288 Units
7181 Liberty West Dr
Liberty Township, OH  45069
Sold
St. Louis Apartments
131 Units
3350 E. Saint Louis Ave.
Las Vegas, NV
Sold
Stonepost Lakeside
284 Units
13810 South Pflumm Road
Olathe, KS  66062
Type: Conventional
Posted: 11/10/2017

Cushman & Wakefield’s Southwest Multifamily Advisory Group is pleased to present the exclusive listing of the 130-unit Summerhill apartment community centrally located in Phoenix, Arizona. This asset is situated in a desirable and strategically located neighborhood between Central Phoenix and Scottsdale. Built in 1970, Summerhill represents an outstanding opportunity to invest in a strong location at a price below comparable sales.

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Summerhill
130 Units
2925 N. Greenfield Road
Phoenix, AZ  85016

Cushman & Wakefield is pleased to introduce the opportunity to purchase Terra Vista Palms, a 138-unit garden-style apartment community built in 1975 offering value-add potential to new ownership. Terra Vista Palms, at 59th and Northern Avenues, falls within the Downtown Glendale focus area. Historic Downtown Glendale has been experiencing a resurgence of restaurants and retail that attracts many residents with its quaint, city square feel. The property profits from good visibility on 59th Avenue with close proximity to many local conveniences and employment centers.

Terra Vista Palms offers an operational upside utilizing an interior and exterior renovation plan with the ability to increase effective rents and add value based on strong occupancy and projected rent growth. Contact us today to schedule your personal tour of Terra Vista Palms.

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Terra Vista Palms
138 Units
5902 W. Royal Palm Road
Glendale, AZ  85302
Type: Conventional
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Courtney Trace and The Addison (2 properties, 455 units)
The Addison
167 Units
2516 Annapolis Way
Brandon, FL  33511
Sold
The Cambrian
383 Units
Aurora, CO
Unpriced offering
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The Colonnade
415 Units
1930 East Camelback Road
Phoenix, AZ  85016
The Colony Apartments is a 236-unit, one and two-story, garden-style complex built in 1979. It is composed of 41 buildings including a leasing office. The property is located across the street from Maryvale Park, Maryvale Community Center, YMCA, and the Palo Verde public library. The Colony Apartments offers an attractive product with large units in a relatively low density setting.
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The Colony
236 Units
4337 N 53rd Ln
Phoenix, AZ  85031
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The Cove at Fishers Landing
253 Units
Vancouver, WA
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The Cove at Fishers Landing
253 Units
Vancouver, WA
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The Crossing
296 Units
Corona, CA
Sold
The Grand
236 Units
Sherman Oaks, CA
Sold
The Heights at Bear Creek (is this a sale?)
227 Units
Redmond, WA
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The Jefferson at Racoon Creek Apartments
360 Units
Littleton, CO
Cushman & Wakefield of Colorado, Inc. is pleased to announce the opportunity to purchase The Knolls apartment community in Colorado Springs. The Knolls is a 262 unit apartment community originally constructed in 1974, but received a major multi-million dollar renovation in 2006. The 2006 renovation included replacing the exterior siding, updating the roofs, upgrading the clubhouse, upgrading the kitchen cabinets, counters, appliances, fixtures and hardware. Each unit also has either side-by-side or stackable washer and dryers owned by the seller. Situated just west of I-25 on the northeast corner of Uintah St and Gatehouse Cir. The Knolls is located about 1 mile west of Colorado College, 1.5 miles northeast of downtown Colorado Springs and 2 miles southeast of The Garden of the Gods. The Knolls lies in the country’s 3rd “Best city to Live” according to Fortune/CNN Money Magazine and is home to many recreational activities. Residents can enjoy easy access to Pike’s Peak (the inspiration for America the Beautiful), world-class skiing, gold medal fly fishing, hiking, biking and kayaking, all within a short drive. Colorado Springs also has the presence of over 25 Fortune 500 companies which has recently resulted in a number of large business expansions/relocations including Atmel Corporation, CSAA (California State Automobile Association), Cook Communication, Focus on the Family, Ford Credit Regional Service Center, Hewlett Packard, Oracle Corporation, Progressive Insurance, Quantum Corporation, T-Mobile USA Inc., T.Rowe Price Associates Inc., and Verizon Business. According to the Fort Carson Regional Growth Coordination Plan between January 2009 and August 2012 roughly 11,500 troops will be re-stationed to Fort Carson with a total increase in population estimated at 29,000. By mid-summer Fort Carson is expected to receive the first wave of 6,500 troops being re-stationed and an estimated 10,000 family members.
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The Knolls
262 Units
1510 Gatehouse Cir
Colorado Springs, CO  80904
Type: Conventional
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The Lakes
288 Units
Beaverton, OR
Sold
The Maplewood
60 Units
Los Angeles, CA
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The Marquis at Hillcrest
58 Units
1751 University Avenue
San Diego, CA  92103
Type: Conventional
Sold
The Oaks
147 Units
4614 Pioneer Road
Balch Springs, TX  75180
Sold
The Palms
48 Units
333 & 350 North Palm Drive
Beverly Hills, CA
The Cushman & Wakefield Student Housing Team is pleased to present the exclusive listing of The Place at 117, a 192-unit, 588-bed student housing community located in Savoy, Illinois. This 2001 purpose-built asset offers direct access to University of Illinois at Urbana-Champaign (UIUC) campus. The Place at 117 offers investors a stabilized asset in a growing market with the opportunity to implement a value-add strategy for Fall 2019.
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The Place at 117
192 Units | 588 Beds
117 Sterling Court
Savoy, IL  61874
Type: Student