The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Legacy of Athens apartment community located in Athens, Clarke County, Georgia. This asset is situated in the sought-after area of Eastside Athens, characterized by its easy access to essential retail (Publix, Kroger, and plentiful restaurants) as well as University of Georgia’s excellent, expanding veterinary teaching hospital. Built in 1968, Legacy of Athens represents an outstanding opportunity to invest in a value-add-ready asset located in one of the state’s most fundamentally desireable markets. Notably, Athens’ annual effective rent growth of 5.6% (vs. 2.5% nationally) ranked eighth highest of "Axio Top 120 Markets" in Q12018.
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Legacy of Athens
240 Units
100 Ashley Circle
Athens, GA  30605
Closed: 11/19/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit Copus 1 Indian Trail apartment community in the exploding Charlotte, NC suburb of Indian Trail. Built in 2017, and one of only two properties within three miles delivered after 2000, Copus 1 Indian Trail is the premier asset in the underserved Union County submarket. Recently stabilizing in Feb-2018 after an impressive one-year lease-up, the property offers immediate organic upside within a competitive environment that is insulated from future supply and boasts a high rent growth ceiling. In addition, Copus 1 Indian Trail is supremely positioned in the desirable town of Indian Trail - a region defined by affluence, dominant white collar employment, and exponential population and job growth.
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Copus 1 Indian Trail
204 Units
1021 Glenn Valley Lane
Indian Trail, NC  28079
Type: Conventional
Closed: 11/15/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the investment opportunity to acquire Broadstone Plantation – a premier 250-apartment home asset located in Plantation, Florida. The property is comprised of a mix of five-story midrise buildings and three-story garden buildings with a combined average unit size of 989 square feet.

Broadstone Plantation is centrally located in Plantation and provides access to over 2.9 million square feet of office making it one of South Florida’s most dynamic live and work environments. The property opened in August 2017 and represents the newest era of garden apartments while setting the standard for luxury apartment living with market leading finishes, amenities and accessibility.

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Broadstone Plantation
250 Units
6901 W Sunrise Boulevard
Plantation, FL  33313
Closed: 11/13/2018
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The Whit
74 Units
2201 Blaisdell Avenue
Minneapolis, MN  55404
Type: Conventional
Closed: 11/8/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Sandalwood Apartment Community located in Pensacola, FL. Sitting off of Hwy 98, which runs along the Gulf Coast of FL, the asset has excellent visibility. It is centralized amongst major economic drivers that are contributing towards explosive financial growth for the region. Built in 1985 with low-maintenance materials, Sandalwood offers an outstanding opportunity to invest in a cash-flowing asset with substantial upside via strong rent trajectory and an attractive value add story.
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Sandalwood
144 Units
6501 Highway 98 West
Pensacola, FL  32506
Type: Conventional
Closed: 11/7/2018
Mosaic at the Forum, Fort Myers’ newest luxury rental community offers an investor the opportunity to participate in the top tier of the rapidly-expanding Southwest Florida multifamily market. As of early-2018, the property is completing its initial lease-up and approaching stabilization. Mosaic offers a contemporary design, market-leading apartment features and a broad array of community amenities. It enjoys extraordinary visibility (86,000 cars daily) by virtue of direct Interstate frontage and unmatched convenience with over 1 million square feet of retail space at its doorstep.
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Mosaic at the Forum
252 Units
3100 Champion Ring Road
Fort Myers, FL  33905
Type: Conventional
Closed: 11/5/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 30-story City Center, an adaptive re-use opportunity located in Birmingham, AL. Comprised of nearly 700,000 square feet of vacated space in the heart of Downtown, City Center offers a once-in-a-cycle opportunity to acquire a large scale re-use project with unlimited future potential. Historically utilized as office space for AT&T, the next investor can modify the interior shell of City Center to open the doorway for multifamily, condos, class A office space, and boutique retail. With an 87 walkability score and heavy barriers to entry, City Center is in a profitable position for adaptive re-use. City Center, if converted to multifamily, would also offer the best walkability to the Central Business District and to the upcoming $300M BJCC project (new stadium, massive existing upgrades).
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City Center
325 Units
600 19th Street North
Birmingham, AL  35203
Closed: 11/1/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of St. Andrews Reserve - a 390-unit apartment community in Wilmington, NC constructed in two phases (1999 / 2003). Bolstered by recent capital improvements and robust operational momentum, St. Andrews Reserve offers investors a potential +18% boost to annual NOI through completion of an in-process, proven value-add program. The asset is firmly cemented in the metro’s highest rent growth submarket that is primed to benefit from development expansion moving southward. In addition, St. Andrews Reserve is in close proximity to the premier retail nodes and principal economic drivers of Wilmington - a MSA characterized by rapid population growth, an expanding employment nucleus, and attractive demographics.
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St. Andrews Reserve
390 Units
814 St. Andrews Drive
Wilmington, NC  28412
Type: Conventional
Closed: 10/31/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 217-unit The Clarion apartment community located in Decatur, DeKalb County, Georgia. This asset is situated in the rapidly-expanding Uptown Decatur area of northeast Atlanta, with close-in access to all of Atlanta’s major employment hubs via I-285 and I-85. Built in 1990, The Clarion offers an outstanding opportunity to invest in one of Atlanta’s most sought-after neighborhoods, and benefit from lucrative rent growth driven by the asset’s fully renovated exteriors and upscale interior renovations which are approximatley 43% complete.
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The Clarion
217 Units
10 Rimington Lane
Decatur, GA  30030
Type: Conventional
Closed: 10/31/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Bridgewater at Mt. Zion apartment community located in south metropolitan Atlanta, Clayton County, Georgia. Strategically situated between the I-75 and I-675 major corridors, just eight miles southeast of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Featuring pristinely landscaped grounds and a picturesque lake with a fountain, Bridgewater at Mt. Zion is a 1994-vintage asset with proven value-add potential in Atlanta's burgeoning southern crescent region.
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Bridgewater at Mt. Zion
200 Units
3156 Mt. Zion Road
Stockbridge, GA  30281
Type: Conventional
Closed: 10/26/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 312-unit Asheville Exchange luxury residences located in sought-after south Asheville, Buncombe County, North Carolina. This Class A asset is directly across from Asheville Outlets and offers direct access to I-26, downtown, and abundant shopping and restaurants. Brand new in 2017, Asheville Exchange represents an outstanding opportunity to invest in one of the Carolinas’ hottest apartment markets and the recently ranked #2 gentrifying city in the nation.
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Asheville Exchange
312 Units
105 Exchange Circle
Asheville, NC  28806
Type: Conventional
Closed: 10/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 175-unit The Eclipse 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. Built in 1985, The Eclipse has proven value-add performance and is embedded Duluth’s flourishing destination retail district. The subject’s high-barriers submarket is characterized by limited apartment supply and evident demand for higher level finishes.
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The Eclipse
175 Units
4155 Satellite Boulevard
Duluth, GA  30096
Type: Conventional
Closed: 10/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Reserve at Magnolia Ridge, a 360-unit apartment community in Cary, NC less than 3 miles from Cary’s first Wegmans scheduled to deliver in 2020. Built in 1984, and bolstered by a recent $2.1 million capital infusion, the property offers new ownership significant income upside from completion of a proven unit interior renovation program, and potential for a market-supported second phase of upgrades to push rents. Firmly cemented in a solid demographic region (3.1% unemployment within one mile), the property offers seamless connectivity to Raleigh-Durham’s largest job centers by way of I-40 / US-64. Residents enjoy superior access to Cary’s premier retail outlets - Crossroads Plaza (681,067 SF) and Cary Towne Center (910,200 SF).
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The Reserve at Magnolia Ridge
360 Units
101 Harlon Drive
Cary, NC  27511
Type: Conventional
Closed: 10/25/2018
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer for sale, 255 NE 1st St (the “Property”); a covered-land or existing income opportunity located in the heart of downtown Miami, surrounded by more than 6M sf of Class A & B office product, over 40,000 residential units, and 9.2M sf of retail.The offering is a 7-story, 257,712-sf parking facility with 756 spaces that is just steps from the Miami-Dade County and Federal courthouses, Bayside Marketplace, Bayfront and Museum Parks, the $4+ billion mixed-use development Miami Worldcenter and the brand-new MiamiCentral development. A Miami Metromover stop is adjacent to the site, conveniently connecting parkers and residents with access to all of South Florida. The Property’s zoning of T6-80-O, the most intensive zoning designation in Miami’s urban core, allows for the development of a multitude of uses including high-rise residential, hospitality, office and retail.
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255 NE 1st Street
   
255 NE 1st Street
Miami, FL  33132
Closed: 10/23/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Luzano – a 404 unit, Class A, trophy residential asset located within Pompano Beach, Florida. This brand new asset is being offered for the first time by its developer, nationally recognized ZOM Living. The central Broward County location is a magnet for employees working in Boca Raton, Cypress Creek, Plantation/Sunrise, and downtown Fort Lauderdale. Located just east of the Florida’s Turnpike on Atlantic Boulevard, the property boasts excellent visibility and connectivity to all of the major cities in South Florida. Luzano represents the newest generation of apartments with best-in-class amenities and finishes. Located in the path of growth, the area will continue to see trending demographics as evidenced by the adjacent land which includes a single family community with 150 homes, a 210 unit apartment community, and a $20 million sports park.

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Luzano
404 Units
100 NW 33rd Terrace
Pompano Beach, FL  33069
Closed: 10/23/2018
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The Isle
156 Units
1 Cotton Street
Philadelphia, PA  19127
Closed: 10/22/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 340-unit Elements of Chattanooga apartment community located in Chattanooga, Hamilton County, Tennessee. This asset is situated in desirable east Chattanooga and benefits from unparallelled access to Chattanooga’s best retail corridor. Built in 1987 and 1993, Elements of Chattanooga offers an outstanding "double play", value-add opportunity in a thriving market.
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Elements of Chattanooga
340 Units
7310 Standifer Gap Road
Chattanooga, TN  37421
Type: Conventional
Closed: 10/18/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 248-unit Eagle’s Brooke apartment community located in Locust Grove, GA. Henry County is one of Atlanta’s top growth corridors with over 16% projected population growth over the next 5 years. Even with this impressive growth, Henry County’s apartment market has been severely under-supplied since 2010 (1,524 units delivered), fueling continued rent growth. Henry County’s industrial market is booming with 11M SF under construction/proposed, creating an additional 14K jobs. The completion of the new Bethlehem Road exit will further propel this growing corridor. The Eagle’s Brooke listing represents the opportunity to acquire a value-add property below replacement cost in one of the Southeast’s fastest growing e-commerce and logistics markets.
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Eagle's Brooke
248 Units
1200 Academic Parkway,
Locust Grove, GA  30248
Type: Conventional
Closed: 10/17/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit Salem Crest apartment community located in Winston-Salem, NC. Built in 1995, the property (which is sanctioned under the Section 42 Affordability Program) has recently received nearly $550,000 in capital improvements and demonstrated favorable operational momentum in the trailing 90 days. Drafting off of this positive trend, the asset provides an opportunity for a 12% boost to annual NOI through capture of the current rent gap between lease rent and the 60% AMI limits. Located adjacent to I-40, Salem Crest residents enjoy seamless access to the premier retail and major employers of Winston-Salem - a metro defined by continued population growth and a dwindling unemployment rate.
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Salem Crest
144 Units
105 Brent View Court
Winston-Salem, NC  27103
Type: LIHTC
Closed: 10/17/2018
Property Tours:
  • Thursday, October 5, 2017
  • Tuesday, October 17, 2017
  • Tuesday, October 31, 2017
  • Tuesday, November 7, 2017

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

The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky, Inc. are pleased to present the exclusive listing of the 180-unit Metropolitan apartment community located in Louisville, Kentucky. This asset is situated two miles from the largest suburban hospital complex in Louisville. The Dupont medical center includes hospitals operated by Norton Healthcare (373 beds), Baptist East (407 beds), and Kentucky One (outpatient facility). The immediate submarket provides healthy demographic support due to the excellent regional connectivity, key Louisville employers, and exceptional retail options. With over $6.4M ($35.7K/unit) in strategic capital improvements spent in the last three years, prior ownership upgraded every aspect of Metropolitan, creating a turnkey investment opportunity and allowing new ownership to focus on revenue generation as opposed to capital expenditures.

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Metropolitan
180 Units
2612 Whitehall Terrace
Louisville, KY  40220
Closed: 10/16/2018
Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Canopy Apartment Villas, a value-add residential asset located in Orlando, Florida. Canopy Apartment Villas offers unique single-story villas and townhomes with some of the largest floorplans in the submarket. Built in 1981, the property underwent extensive capital improvements in 2008 with the replacement of the property’s roofs, windows and siding, ultimately reducing the effective age.
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Canopy Apartment Villas
296 Units
5762 Folkstone Lane
Orlando, FL  32822
Closed: 10/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the LA/MS Portfolio, 1,111-units across 4 apartment communities. This portfolio is comprised of 4 assets: Grand Pointe (Lafayette, LA), Oak Hollow (Southaven, MS), Pelican Pointe (Slidell, LA), and Twin Oaks (Hattiesburg, MS). The LA/MS Portfolio is optimally situated amongst some of Mississippi and Louisiana’s best-performing cities, which will garner substantial interest from the rental market. With value add opportunity across the board and stable cash flow, The LA/MS Portfolio is positioned for powerful future growth.
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LA/MS Portfolio (3 properties, 845 units)
Oak Hollow
277 Units
646 Whispering Oak Drive
Southaven, MS  38671
Type: Conventional
Closed: 10/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the LA/MS Portfolio, 1,111-units across 4 apartment communities. This portfolio is comprised of 4 assets: Grand Pointe (Lafayette, LA), Oak Hollow (Southaven, MS), Pelican Pointe (Slidell, LA), and Twin Oaks (Hattiesburg, MS). The LA/MS Portfolio is optimally situated amongst some of Mississippi and Louisiana’s best-performing cities, which will garner substantial interest from the rental market. With value add opportunity across the board and stable cash flow, The LA/MS Portfolio is positioned for powerful future growth.
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LA/MS Portfolio (3 properties, 845 units)
Pelican Pointe
266 Units
3400 Pelican Pointe Dr
Slidell, LA  70458
Type: Conventional
Closed: 10/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the LA/MS Portfolio, 1,111-units across 4 apartment communities. This portfolio is comprised of 4 assets: Grand Pointe (Lafayette, LA), Oak Hollow (Southaven, MS), Pelican Pointe (Slidell, LA), and Twin Oaks (Hattiesburg, MS). The LA/MS Portfolio is optimally situated amongst some of Mississippi and Louisiana’s best-performing cities, which will garner substantial interest from the rental market. With value add opportunity across the board and stable cash flow, The LA/MS Portfolio is positioned for powerful future growth.
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LA/MS Portfolio (3 properties, 845 units)
Twin Oaks
302 Units
2766 Oak Grove Road
Hattiesburg, MS  39402
Closed: 10/12/2018