Cushman & Wakefield is pleased to present a multifamily investment opportunity to acquire Deerwood Village, a 328-unit garden investment opportunity located in Ocala, Florida. The property is comprised of 40 two-story residential buildings featuring a big-house design with a large average unit size of 1,015 square feet. Current ownership has spent over $5.0 million on capital improvements since 2015, including fully renovating approximately 50% of the units as well as renovating the clubhouse, expanding the fitness center, updating the poolside amenities, new exterior paint and upgraded landscaping.
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Deerwood Village
328 Units
1850 SE 18th Avenue
Ocala, FL  34471
Closed: 10/9/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 305-unit The Lively at Carolina Forest apartment community located in Myrtle Beach, SC. Featuring awe-inspiring curb appeal, top-of-the-line interiors and a market leading amenity package, The Lively at Carolina Forest is truly the premier multifamily asset in Myrtle Beach. Located in the self-sustaining planned community of Carolina Forest, the property offers an unmatched quality of life and is in close proximity to Myrtle Beach’s most coveted retail and entertainment destinations. Nearing completion of a rapid concession-free lease-up, the property offers exciting loss-to-lease upside of over $248,000 as 2nd generation leases are brought to market levels. With metro job growth expected to outpace new deliveries by 20:1 through 2021, The Lively at Carolina Forest is uniquely positioned to capitalize on long-term favorable fundamentals.
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Lively at Carolina Forest
305 Units
107 Village Center Boulevard
Myrtle Beach, SC  29579
Type: Conventional
Closed: 10/3/2018
Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Place at Dania Beach (the “Property”) – a new construction, luxury midrise apartment development of 144 homes and 6,771 square feet of retail located on Dania Beach Boulevard just east of Federal Highway/US-1 in Dania Beach, Florida.The property is comprised of one seven-story building with a rooftop pool and amenity deck with units averaging 890 square feet and is serviced by a parking garage.

The Place at Dania Beach’s location is well connected via its walkable amenities and proximity to major employers. The Property’s Walkscore of 84 is substantiated by its proximity to a number of retailers and restaurants, Bravo Supermarket (opening soon), Publix Supermarket, The Casino at Dania Beach (recently completed a $64 million renovation), Frost Park, and Dania Beach Ocean Park along the Atlantic Ocean. Regarding major employers, in 20 minutes or less, The Place at Dania Beach is connected to over 500,000 jobs in submarkets such as Sunrise/Plantation, Aventura, and Fort Lauderdale through Cypress Creek. Notably, the Design Center of the Americas (home to Chewy.com), Fort Lauderdale International Airport, Port Everglades, and downtown Fort Lauderdale are exceptional demand drivers for the Property and can be reached in under 10 minutes.

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The Place at Dania Beach
144 Units
180 East Dania Beach Boulevard
Dania Beach, FL  33004
Closed: 10/1/2018
Property Tours:
  • Wednesday, November 8, 2017
  • Wednesday, November 15, 2017
  • Wednesday, November 29, 2017

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

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 121-bed student housing community, consisted of two properties, located in Columbus, Georgia. The assets are situated within walking distance of the expanding Columbus State University (CSU) campus. Built in 2009 (48 units) / 1951 (16 units), University Crossing & College Woods represent an outstanding opportunity to invest in a strategically located, well-maintained student housing asset that is poised to benefit from the growing enrollment and expanding campus.

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University Crossing & College Woods (2 properties, 64 units)
College Woods (32 Beds)
16 Units | 32 Beds
4220 University Avenue
Columbus, GA  31907
Type: Student
Closed: 9/28/2018
Sold
River Blu
417 Units
8795 La Riviera Dr
Sacramento, CA  95826
Type: Conventional
Closed: 9/28/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 464-unit Columbia Portfolio, consisting of 240-unit Peachtree Place and 224-unit St. Andrews apartment communities in Columbia, SC. Built in 1971 and 1974, Peachtree Place and St. Andrews are located in a highly accessible location providing convenient access to downtown Columbia and the area’s largest employers. The assets are also barbelled by Downtown Columbia and the Harbison Boulevard area, resulting in seamless accessibility to Columbia’s premier retail nodes. In addition, the properties are uniquely positioned to realize tremendous benefits of an expanded, and submarket-proven, value-add initiative with potential to boost combined NOI by 43%.
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St. Andrews
224 Units
601 St. Andrews Road
Columbia, SC  29210
Type: Conventional
Closed: 9/28/2018
Sold
The Fields North Valdosta
131 Units
480 Murray Road
Valdosta, GA  31602
Type: Conventional
Closed: 9/28/2018
Property Tours:
  • Wednesday, November 8, 2017
  • Wednesday, November 15, 2017
  • Wednesday, November 29, 2017

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

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 121-bed student housing community, consisted of two properties, located in Columbus, Georgia. The assets are situated within walking distance of the expanding Columbus State University (CSU) campus. Built in 2009 (48 units) / 1951 (16 units), University Crossing & College Woods represent an outstanding opportunity to invest in a strategically located, well-maintained student housing asset that is poised to benefit from the growing enrollment and expanding campus.

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University Crossing & College Woods (2 properties, 64 units)
University Crossing (96 Beds)
48 Units | 96 Beds
4226 University Avenue
Columbus, GA  31907
Type: Student
Closed: 9/28/2018
Sold
Creekside Gardens
194 Units
300 Bel Air Drive
Vacaville, CA  95687
Type: Conventional
Closed: 9/27/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Atlantic Delray (the "Property") - an increasingly scarce, new construction, luxury garden apartment development of 346 homes in the highly desired community of Delray Beach, Florida. The property is comprised of thirteen three-story buildings and two two-story buildings with walk-up units averaging 1,048 square feet that are serviced by surface parking, attached garages, and detached garages. The Atlantic Delray is located in emerging West Delray, just north of Atlantic Avenue and west of Military Trail. The community is minutes from millions of square feet of high-paying jobs in Boca Raton and Downtown Delray Beach - the heart of the Palm Beach social scene. With its central location within Palm Beach County, Delray Beach has become one of South Florida's most dynamic live and work environments. The property opened in May 2017 and has quickly moved through the lease-up process in part due to its market-leading luxury finishes and unmatched amenity offering and a rare low-density setting of 11 units per acre.

Please contact a Cushman & Wakefield professional for more information.

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The Atlantic Delray
346 Units
14050 Pacific Pointe Place
Delray Beach, FL  33484
Closed: 9/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 500-Unit Trees of Newnan Community located in Newnan, GA. Comprised of two phases delivered in 2014 and 2016, this top of the market community boasts a strategic location in Atlanta’s thriving Southern Crescent. Demographics trends that mirror Atlanta’s Northern suburbs have driven rent growth nearly 45% since 2010. The Southern Crescent market has accounted for 14% of Atlanta’s population growth while only accounting for 3% of the metro’s new inventory this cycle. These incredible supply demand dynamics will translate to compelling growth that can be enhanced by elevating the overall property’s interior finishes to meet market demand. Trees of Newnan presents investors with a rare opportunity to acquire a Class-A asset in one of Atlanta’s affluent suburbs with immediate economies of scale.
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Trees of Newnan
500 Units
300 Ashley Park Boulevard
Newnan, GA  30263
Type: Conventional
Closed: 9/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 323-unit Flats at Perimeter Place apartment community, which is situated in Atlanta’s largest employment nucleus - the rapidly expanding 135,000-job Central Perimeter corporate office/medical/retail district, which is home to the brand new State Farm and Mercedes-Benz corporate campuses. Flats at Perimeter is a rare Core+ opportunity boasting condo-quality epicore construction within an award winning, walkable mixed-use development. The proven in-place upgrade program can be elevated to position the property at the top of the market. Immersed in 4.5M SF of destination retail and coveted pedestrian MARTA access, the property is Central Perimeter’s most accessible and walkable community. With an affluent resident profile amidst a diminishing supply pipeline, Flats at Perimeter Place is uniquely positioned to capitalize on Atlanta’s most underserved Class A submarket.
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Flats at Perimeter Place
323 Units
60 Perimeter Center West
Dunwoody, GA  30346
Type: Conventional
Closed: 9/24/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 97-unit Beaucatcher Flats apartment community located in the white hot market of Asheville, NC. Serving as Urban Asheville’s premier upscale multifamily community, Beaucatcher Flats is located less than one mile from Downtown Asheville, and within walking distance to Western Carolina’s largest employer, Mission Health (12,000 total employees). The property is also situated at one of Asheville’s highest elevation points providing picturesque mountain views. Nearing completion of the initial lease-up, Beaucatcher Flats will deliver concession-free with the ability to push rents on 2nd generation leases and grow ancillary income from multiple sources.
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Beaucatcher Flats
97 Units
128 Florence Street
Asheville, NC  28801
Closed: 9/21/2018

Legacy at Prescott Lakes Luxury Apartment Community is a 150 unit Class "A" property located within the Prescott Lakes master planned community in Prescott, Arizona. Prescott Lakes is one of Prescott's premier master planned communities featuring an 18-hole championship golf course and 12 acres of lakes and open spaces.

Legacy at Prescott Lakes was designed and constructed by one of the nation’s premier multi family housing developers and features an attractive high-end architectural design. Residents of Legacy at Prescott Lakes are offered six distinctive one, two and three bedroom floor plans. Each floor plan features a washer and dryer, designer kitchens with self-cleaning ovens, dishwashers, frost-free refrigerators and microwaves, ceiling fans, walk-in closets, and patios or balconies with storage areas. Select floor plans also feature gas fireplaces, a private garage and views of the Granite Dells and Watson Lake. A significant number of units have been upgraded to include wood plank-style flooring, stainless-style or black appliances, new door hardware, along with new plumbing and light fixtures.

Also provided to residents of Legacy at Prescott Lakes is a heated pool and spa area, a fitness center, business center and a resident clubhouse. Legacy at Prescott Lakes combines an excellent location with superior architectural design and amenities to offer an exceptional investment opportunity.

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Legacy at Prescott Lakes
150 Units
1998 Prescott Lakes Parkway
Prescott, AZ  86301
Type: Conventional
Closed: 9/18/2018
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The Huntley
200 Units
100 Huntley Parkway
Pelham, AL  35124
Type: Conventional
Closed: 9/17/2018

The District at Mountain Vista is a 384-unit Class "A", garden-style luxury rental community located in East Mesa near the US-60 and 202 freeways, with easy access to restaurants, shopping, entertainment and recreation. Nearby amenities include highly ranked schools, medical centers, parks, movie theaters, golf courses and many shopping and dining options. The property’s location provides easy access to the US-60 and the 202 freeways, connecting residents to the rest of the Metro Phoenix area.

The District at Mountain Vista offers its residents a resort-style pool, spa, sundeck, poolside cafe tables and barbecue grills, clubhouse, resident business center with WiFi, fax and copier, fitness center, yoga studio, dog park, carports and detached garages, extra storage units and gated entry.

The District at Mountain Vista features a mix of one, two and three bedroom floor plans. The interior amenities offered residents include nine-foot ceilings, ceramic tile flooring, crown molding, faux granite countertops, double stainless steel sinks, breakfast bar, Whirlpool black dishwasher, built-in microwave, stove and refrigerator, walk-in closets, roman soaking tub in master bath, full-size washer/dryers and private patios/balconies. Select units offer a built-in computer niche, laundry room, and vanity seating and double sinks.

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The District at Mountain Vista
384 Units
1304 South 105th Place
Mesa, AZ  85209
Type: Conventional
Closed: 9/14/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Windward Forest apartment community located in Lithonia, DeKalb County, Georgia. Strategically positioned just one-half mile east of DeKalb Medical Hillandale, the asset is located just north of I-20 and proximate to large employers, equidistant between Snapfinger Industrial Park to the west, Stonecrest Mall to the east, and the Lithonia industrial corridor to the northeast. Built in 1972, Windward Forest offers an outstanding opportunity to invest in a well-located asset perfectly positioned for value-add returns.
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Windward Forest
216 Units
6250 Hillandale Drive
Lithonia, GA  30058
Type: Conventional
Closed: 9/14/2018
Sold
1811 Woodside
11 Units
1811 Woodside Rd
Redwood City, CA  94061
Type: Conventional
Closed: 9/13/2018

Auburn Place is a 192-unit apartment community exceptionally well located on the south side of Indianapolis in the desirable suburb of Greenwood.

The community offers an attractive mix of 42 one-bedroom flats, 72 two-bedroom flats, 60 two-bedroom townhomes and 18 three-bedroom townhomes. The property’s 12 acres feature many mature trees and ample green space. Community amenities include a clubhouse/community center with 24-hour fitness center, a swimming pool and sundeck and playground.

Auburn Place is an extremely well-located community. Because of its proximity to Indianapolis and its excellent school system, Greenwood has experienced consistent population growth for many years. Auburn Place offers its residents close proximity to the south side’s best shopping and dining. Immediately northeast of Auburn Place is Simon’s Greenwood Park Mall, the second largest Indianapolis regional mall, containing 1.2 million SF. The Community Hospital South Campus, containing many additional specialty medical facilities, is just one mile from Auburn Place, and St. Francis Hospital is located just four miles northeast of the property. Traveling Downtown is quite convenient, as the property sits 11 miles directly south of the city’s center.

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Auburn Place
192 Units
745 Woodale Terrace
Greenwood, IN  46142
Type: Conventional
Closed: 9/13/2018
Sold
The Moderne At Providence
300 Units
30 Gates Mill Street NW
Huntsville, AL  35806
Type: Conventional
Closed: 9/12/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire JOYA – a premier transit-oriented, 431-apartment home, 12-story asset located in Miami, Florida. With thoughtful unit layouts in a mix of flats and two-story townhomes, JOYA offers the largest floor plans in the market with an average unit size of 1,105 square feet. The property opened in February 2016 setting the standard for luxury apartment living while offering the most expansive amenities compared to its competitive set. Located within Dadeland, JOYA is less than five minutes from 1.5 million square feet of office and over 2 million square feet of retail. JOYA is also walkable to the Metrorail providing access to the other main employment corridors of Coral Gables, Downtown Miami and Miami’s Health District. Developed by nationally recognized Wood Partners, JOYA’s design elements and presence will stand the test of time.

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JOYA
431 Units
8150 SW 72nd Avenue
Miami, FL  33143
Closed: 9/11/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 44-unit Raleigh Court and Timberlake townhome communities located in Clarksville, Montgomery County, TN. These assets are part of the booming Clarksville MSA, one of the top metros for job growth in Middle Tennessee. Built in 1996, 1997, 1998 and 2006, Raleigh Court and Timberlake offer an outstanding opportunity to invest in fully occupied, cash flowing assets with significant upside. The assets’ positions just south of Interstate-24 offer residents access to all of Nashville’s major job hubs. With demand for proven value-add properties, Raleigh Court and Timberlake are primed for interior repositioning.
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Raleigh Court Townhomes
40 Units
2313 Raleigh Court
Clarksville, TN  37043
Type: Conventional
Closed: 9/10/2018
Sold
St. Francis Apartments
15 Units
20607 Congress Way
Castro Valley, CA  94546
Closed: 9/7/2018
Sold
Sunrise Pointe
344 Units
7716 Sunrise Circle
Birmingham, AL  35210
Closed: 9/7/2018