The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of West Woods Haven, 268 Class A+ units located down the street from Navy Federal Credit Union’s massive campus expansion (5K+ new jobs coming by 2020) in Pensacola, Florida. West Woods Haven maintains a prime location with high visibility and accessibility off West Nine Mile Road, virtually immediate access to I-10, and is near additional multi-use developments anticipated to spawn from the strong job growth nearby. Completed in two phases between 2016 and 2017, West Woods Haven offers best-in-class livability with an A+ amenity package and top-of-the-line unit features. With outstanding in-place organic growth potential and a wealth of high-salary jobs coming in nearby, West Woods Haven can provide profitable upward momentum and cash flow for the next investor.
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West Woods Haven
268 Units
3202 W Nine Mile Road
Pensacola, FL  32534
Closed: 9/18/2019

Courtyard Apartments consists of 129 units located in Anderson, IN and was built in 1956. The property is currently owned by a private capital group out of Chicago. The current owner has infused more than $300,000 in capital improvements including various roof and window replacements and reviving down units.. With roughly 15 units currently offline, there is ample opportunity to continue improving the property and growing occupancy. Courtyard Apartments is located near Anderson’s most sought after west side neighborhoods. The near west side of Anderson is scheduled to benefit from multiple economic development initiatives, primarily centered around revitalization of the adjacent retail properties.

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The Courtyard
129 Units
2725 W 16th Street
Anderson, IN  46011
Type: Conventional
Closed: 9/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 268-unit Collins Crossing apartment community located in Carrboro, NC. This asset is situated on the Jones Ferry Rd/ NC-54 interchange with immediate access to the area’s premier retailers and economic drivers. Only 94 units are expected to deliver through 2021, of which Carrboro has not seen any new multifamily developments in 10 years. The growing demand of Chapel Hill paired with Carrboro’s lack of supply poises the property for consistent returns for years to come. Built in 1971, Collins Crossing offers an outstanding opportunity to invest in a quality asset that has received an investment of over $5.8 million since 2013.
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Collins Crossing
268 Units
501 Jones Ferry Road
Carrboro, NC  27510
Type: Conventional
Closed: 9/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the brand new, 323-unit Overton Row apartment community in the heart of Plaza Midwood, Charlotte’s authentic epicenter for millennial entertainment. With a prominent presence at the corner of Central Avenue and Hawthorne Lane, Overton Row offers the rare opportunity to acquire an institutional-quality midrise in the city’s most walkable urban nucleus. Nearing completion of the market’s pace-setting lease-up, Overton Row is poised to continue proven, robust rent growth on the next generation of leases, driven by Plaza Midwood’s insulation from new development, high-earning renter pool, and in-process infrastructure improvements that promise enhanced connectivity to the 135,000+ jobs in Charlotte’s CBD.
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Overton Row
323 Units
1201 Central Avenue
Charlotte, NC  28204
Type: Conventional
Closed: 9/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 268-unit Sugarloaf Trails apartment community located in Duluth, Gwinnett County, GA. Gwinnett County is one of Atlanta's top growth corridors with roughly 53% population growth since 2000. Despite the impressive growth, Gwinnett County's apartment market has been extremely under-supplied, delivering 4.8K since 2010, a catalyst for continued rent growth. Additionally, Gwinnett County has more than $2B worth of developments under construction. Three of the largest developments (118-acre Revel entertainment district, Infinite Energy expansion, and 110-acre Legacy Park) are in the Sugarloaf Corridor, further propelling rent growth. Sugarloaf Trails presents the opportunity to acquire a true value-add investment in a thriving location.
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Sugarloaf Trails
268 Units
2255 Satellite Boulevard
Duluth, GA  30136
Type: Conventional
Closed: 9/12/2019
Property is Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Rosemont Country Club apartment community located in Orlando, Florida. The asset is situated in the Rosemont submarket. Built in 1975, Rosemont Country Club offers an incredible opportunity to raise effective rents at the property $627 through a renovation value-add program and achieve a 24% return-on-investment.

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Rosemont Country Club
120 Units
5528 Cinderlane Parkway
Orlando, FL  32808
Closed: 9/11/2019

City View Apartments is a 112-unit property located in the West-Central submarket of Las Vegas and is poised to take advantage of the recent surge of nearby activity. Constructed in 1977, City View is a quaint community that offers proven renovation upside in both floor plans, ample common areas, a pool, and a lightly renovated clubhouse.

Las Vegas was the number one metro for rent growth in 2018, recording 7%+ growth. Las Vegas also recorded rent growth of 6%+ in 2016 and 2017. With the strong rent growth in Las Vegas, City View has been able to prove out $130 per month lifts in rents through a light interior improvement plan, while remaining "under market". Renovations include countertops, appliances, baseboards, paint, and hardware.

The West-Central submarket continues to be a proponent of higher rental rates as newer assets begin value-add campaigns & luxury projects continue to be developed in the immediate vicinity. Rent comps like the Sedona Ridge and Tower at Tropicana have rental rates $150-$200 per month higher than the renovated rates at City View. Sales in the submarket are exceptionally strong as well. The Green Leaf Lotus Apartments, less than one mile away, recently sold for $261,016.95 per unit. The 1988-vintage "Sequoia Meadows", just 0.9 miles away, recently sold for $163,602.94 per unit. Additionally, nearby Chinatown is experiencing a BOOM in the retail sector, as there proves to be huge demand to live, work, & eat in this corridor. Population growth in this pocket is projected at 9.41% through 2023

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City View Apartments
112 Units
3355 Arville Street
Las Vegas, NV  89102
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Fern Parc - 343 units located in Huntsville, AL, ranked #1 in AL and #6 in the Nation for job growth. Huntsville attracted over $2.7B in capital investment in 2018 and added 9,500+ new jobs YoY, well outperforming both state and national averages. Notably Huntsville now has the #1 most technical workforce in the country, with nearly 17% of the workforce in a STEMrelated field and earning $95k+ salaries. The metro’s mass influx of capital and quality jobs, sourced by low business costs and a favorable tax climate, will continue to lure some of the country’s leading science, manufacturing, and industrial companies. Fern Parc features high visibility off Memorial Pkwy along Huntsville’s South Corridor, offering residents first-rate connectivity to the metro’s key employment drivers and mixed use projects. Originally constructed in 1974 and fully rehabbed in 2014/2015, Fern Parc represents the opportunity acquire a quality physical plant within the premier Huntsville investment space.
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Fern Parc
343 Units
4100 S. Memorial Parkway
Huntsville, AL  35802
Type: Conventional
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 486-unit Parkside at Camp Creek apartment community located in south metropolitan Atlanta, Fulton County, Georgia. Strategically situated less than three miles west of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers in the rapidly expanding Atlanta aerotropolis district. Built in 1970, Parkside at Camp Creek offers an outstanding opportunity to invest in a strong-performing asset with proven value-add potential.
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Parkside at Camp Creek
486 Units
4031 7 Oaks Lane SW
East Point, GA  30344
Type: Conventional
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 71-unit apartment community located in Warner Robins, Houston County, Georgia. This asset is situated strategically just 2.5 miles from Robins Air Force Base, which recently announced aggressive strategy to add 1,200 tech and cyber security related jobs to Warner Robins. Built in 1976, Stonehenge represents an outstanding opportunity to invest in a value-add ready asset in a submarket with superb growth indicators and market fundamentals, as Middle Georgia maintains its place as a leading Georgia growth market.
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Stonehenge
71 Units
613 Greenbriar Road
Warner Robins, GA  31093
Closed: 9/10/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 3.27-acre Germantown Land development site located in Nashville, Davidson County, Tennessee. This site is situated in the rapidly-expanding and desirable Germantown neighborhood of Nashville. Located 1 mile from Downtown, with excellent visibility and easy access to I-65, the site offers an outstanding opportunity for new multifamily construction. Additionally, the owner is open to a JV structure.
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Germantown Land
371 Units
1703 Rosa L Parks Blvd
Nashville, TN  37208
Closed: 9/9/2019
Cushman & Wakefield is pleased to present for sale the FreightYard Townhomes & Flats, located in the historic North Loop Neighborhood of Minneapolis. FreightYard offers 96 units with a brick and timber design and walkable access to the 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. FreightYard presents investors the rare opportunity to acquire an irreplaceable North Loop asset with historic charm and luxury amenities.

FreightYard Townhomes and Flats 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 tours begin the week of June 4th. Please contact Lance Steiger directly to set up a tour, which will be scheduled by appointment only.
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FreightYard Townhomes & Flats
96 Units
50 North 4th Avenue
Minneapolis, MN  55401
Closed: 9/6/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit two-property Carrollton Portfolio located in Carrollton, Carroll County, Georgia. Residents of Carrollton are attracted to the city’s high quality of life, abundance of recreation, and convenient access to Atlanta’s westside job hubs within 40 minutes. Notably, these properties are within the Carrollton City School district, which was just ranked the #8 “Best School District in Georgia” by Niche.com for 2019. Situated in the desirable southside area of Carrollton, these properties are highly accessible to the market’s major employers and premier retail. Built in 1974 and 1980 and located less than a quarter mile apart, Governor’s Court and Maple Ridge together represent an outstanding opportunity to invest in a value-add ready, synergistic portfolio in a flourishing suburban Atlanta community.
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Carrollton Portfolio (2 properties, 62 units)
Governor's Court
40 Units
201 Hays Mill Road
Carrollton, GA  30117
Type: Conventional
Closed: 9/6/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit two-property Carrollton Portfolio located in Carrollton, Carroll County, Georgia. Residents of Carrollton are attracted to the city’s high quality of life, abundance of recreation, and convenient access to Atlanta’s westside job hubs within 40 minutes. Notably, these properties are within the Carrollton City School district, which was just ranked the #8 “Best School District in Georgia” by Niche.com for 2019. Situated in the desirable southside area of Carrollton, these properties are highly accessible to the market’s major employers and premier retail. Built in 1974 and 1980 and located less than a quarter mile apart, Governor’s Court and Maple Ridge together represent an outstanding opportunity to invest in a value-add ready, synergistic portfolio in a flourishing suburban Atlanta community.
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Carrollton Portfolio (2 properties, 62 units)
Maple Ridge
22 Units
1101 Maple Street
Carrollton, GA  30117
Closed: 9/6/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present ORA Flagler Village - a luxury midrise apartment community with 292 units in Fort Lauderdale, Florida. Situated in Flagler Village, this rapidly expanding location offers a unique blend of walkability to trending retail and access to the most active office market in the county. The apartment homes were carefully crafted to feature two different finish packages and 10’ & 11’ ceilings throughout, resulting in new levels of luxury.

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ORA Flagler Village
292 Units
673 NE 3rd Avenue
Fort Lauderdale, FL  33304
Closed: 9/2/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of Ashley at Breakfast Point, 360 units located in the heart of Panama City Beach, Florida. Situated along Highway 98 with excellent visibility, the community is within minutes of the beach, ranked #3 on TripAdvisor’s Top Beaches in the country, and 1.2 million SF of upscale retail, golf courses, and community attractions. Delivered in 2007, Ashley at Breakfast Point offers residents a "beach-style" living experience with close proximity all of Panama City Beach’s lifestyle amenities. With excellent in-place organic rent growth and further room to boost returns through value add, Ashley at Breakfast Point can provide profitable upward momentum and cash flow for the next investor.
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Ashley at Breakfast Point
360 Units
9700 Panama City Beach Parkway
Panama City Beach, FL  32407
Type: Conventional
Closed: 8/30/2019

City View Apartments is a 221-unit apartment mid-rise, located in an Opportunity Zone in downtown Omaha. City View offers an investor a rare opportunity to own an asset in the highly desirable downtown submarket of Omaha, an area that is seeing a significant amount of redevelopment and new construction projects. This location offers proximity to a dynamic variety of employers including four Fortune 500 companies, universities such as Creighton University and the Nebraska Medical Center, and fantastic restaurant and entertainment amenities located in the downtown and midtown areas of Omaha.

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City View
221 Units
604 S. 22nd Street
Omaha, NE  68102
Type: Conventional
Closed: 8/30/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Hidden Creek Apartment Homes, a 300 unit luxury apartment community in one of Maryland’s most sought after locales. The Property, built in 2012, combines high quality unit finishes with best in class amenities which are unrivaled in suburban apartment communities. The Property’s position along the I-270 technology corridor with immediate access to some of the region’s largest employers provides consistent tenant demand from high-earning renters by choice. Hidden Creek is being offered subject to an in-place loan with below market interest rate and accretive LTV. Hidden Creek’s exceptional location within Montgomery County, Maryland and top of the market unit features and amenities make it a rare opportunity to acquire a high-quality asset with attractive in-place cash flow in the expanding Washington metro regional economy.
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Hidden Creek
300 Units
430 Allied Place Suite 1110
Gaithersburg, MD  20877
Closed: 8/30/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 438-unit Chattanooga Value-Add Portfolio located in Chattanooga, Hamilton County, Tennessee. These assets are situated in desirable east Chattanooga and benefit from unparalleled access to Chattanooga’s best retail corridor. Built between 1974-1994, the Chattanooga Value-Add Portfolio offers an outstanding opportunity to immediately establish a strong investment platform in one of Chattanooga’s fastest growing neighborhoods.
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Chattanooga Value-Add Portfolio (2 properties, 438 units)
Evergreen at Hickory Valley
200 Units
1507 Hickory Valley Road
Chattanooga, TN  37421
Closed: 8/29/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 184-unit Live Oaks apartment community located in Baton Rouge, Louisiana. Situated within one of Baton Rouge’s most affluent communities, Live Oaks' immediate area boasts average household income of nearly $100K. The strong demographic and economic support paired with modern, renovated units have propelled the financial performance over the last several years exhibited by annual NOI growing approximately 6.5% year-over-year since 2016. With this cash flowing asset’s performance on the rise, Live Oaks is primed for a continuation of the in-place renovation program to help increase its already strong market position within the Baton Rouge community.
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Live Oaks
184 Units
12901 Jefferson Highway
Baton Rouge, LA  70816
Type: Conventional
Closed: 8/29/2019

Brentwood consists of six buildings totaling of 120 units. The community is currently being marketed to residents 55 years and older but is not deed restricted to maintain that strategy. There are three styles of buildings on the property. There is an elevator in one building (four story building), there is a single story buildings for less mobile residents and four two story buildings. Each building has secured / intercom entryways or individual access. The property is situated on 4.67 acres and offers a tranquil setting surrounded by mature trees. The current owner is a not-for-profit that specializes in new construction and subsidized senior housing. When they purchased Brentwood, as an older, existing property, it was outside their expertise.

Brentwood is ideally located on the northeast side of Fort Wayne near the intersection of Coliseum Blvd and State Blvd with visibility from Coliseum Blvd. This location offers excellent access to public transportation, restaurants and medical facilities. There is added shopping just south of the property and within ten minutes of Glenbrook Square, Fort Wayne’s largest retail center and a regional shopping node in northeast Indiana.

Brentwood is offered at ±$36,000 per unit / $4,300,000

Brentwood’s first building was constructed in 1967 with the last phase built in 1988. Some units have undergone renovations with new fixtures, appliances, flooring and bathrooms. Each building has laundry facilities while some floorplans offer washer dryer hookups. There are opportunities to enhance revenue to add value. Some of those opportunities include completing unit upgrades, enhancing the property’s curb appeal through additional landscaping and upgrading the leasing office.

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Brentwood Seniors
120 Units
2510 Farnsworth Drive
Fort Wayne, IN  46805
Type: Senior
Closed: 8/28/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky are pleased to present the exclusive listing of the 265-unit Phoenix Place apartment community located in Louisville, KY. Phoenix Hill is centrally located next to trendy neighborhoods (NuLu, Highlands, and Downtown Louisville) and embedded in Louisville's Medical District, which features over 25K jobs. Following in the wake of the economic explosion occurring in Louisville intown neighborhoods, the subject is located within the path of progress fueling the Phoenix Hill revitalization. Phoenix Place presents an opportunity to acquire a true repositioning opportunity in a submarket lacking high-quality, affordable multifamily options.
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Phoenix Place
265 Units
510 S Shelby Street
Louisville, KY  40202
Closed: 8/28/2019

Prime Multi-Family development land along the Ohio River
2.77 Acres
Located at the foot of the "Purple People Bridge" connecting Cincinnati and Newport on the Levee.

Please contact Don or Jordan for the full OM

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601 E Pete Rose Way
   
601 E Pete Rose Way
Cincinnati, OH  45202
Type: Land
Closed: 8/27/2019

Harbour Pointe is a 336-unit apartment community located on Indianapolis’ popular northeast side.  The community was built in two phases in 1969 and 1970 and has been owned and well maintained by the current owner (a family company) since 1990.  Recent capital improvements performed by the seller include, repainting and carpeting of all hallways in 2016, $100,000 spent on landscaping in 2016, and paving and seal coating work in parking areas and drives.

Harbour Pointe’s amenities include a large swimming pool and multi-level sundeck, a full fitness center and a sand volleyball court.  Eighty-seven covered parking spaces are available for rental.  Just across the street from the property is the Fall Creek Greenway, a very popular 8 mile walking, jogging and biking trail which connects northeast Indianapolis and downtown.

Harbour Pointe has a history of very high occupancy (over 98% for the last five years) and often has a waiting list.  The property offers opportunities to an investor to increase revenue significantly through upgrades of unit interiors, the bill back of water, sewer and trash; converting two of the three models to rental units and enhancement of the current amenity package.

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Harbour Pointe
336 Units
4400 E. Fall Creek Parkway North Drive
Indianapolis, IN  46205
Type: Conventional
Closed: 8/27/2019