Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Riverwalk at Salem, a pristine 276-unit apartment community located in Salem, VA. The Property is well located in the high growth Roanoke MSA and creates a rare opportunity for investors to acquire scale in this supply constrained locale. The Property offers proven value-add upside from a combination of in-unit renovations and increased operational efficiency. These value enhancing strategies will combine with future economic growth across the region from a variety of employment sectors that are keeping apartment fundamentals strong. Key industries, including the Meds & Eds sector, are seeing sustained economic growth that has caused the MSAs to reach full employment with record low unemployment. Economic stability is leading to incredible apartment market fundamentals with rent growth and vacancy outperforming long term averages. The Riverwalk at Salem represents a rare opportunity to acquire a proven value-add opportunity in this expanding economy.
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire together or separately two core, suburban infill, garden apartment assets in Miami, Florida – Doral View and Town Fontainebleau Lakes. Both properties are each 360-units in 3-story garden design, which has become an increasingly rare and thinly traded building type due to available land. Completed in 2014 and 2016, Doral View and Town Fontainebleau Lakes were developed with the highest design standards. Both properties feature a mix of one-, two- and three-bedroom residences with expansive, state-of-the-art amenities and finish levels. Further, the properties have unmatched visibility with their location along the Dolphin Expressway and its 122,000 cars daily. This highway adjacent location has driven strong, qualified renter traffic seeking excellent connectivity to nearby major employment centers including Doral, Blue Lagoon, Florida International University (FIU), and downtown Miami.