The Flats at West Broad Village is Richmond’s premier multifamily property, offering a unique lifestyle experience that is not replicated in the broader Richmond market. The asset’s town center construction with structured parking is unique in the Richmond market with significant amenities including Whole Foods and Trader Joe’s within walking distance. The Property, built in 2009, combines institutional quality construction and timeless exterior architecture with newly created, best-in-class amenities creating an unmatched luxury offering. Additional value can be added by replicating a proven in-unit renovation which is achieving a $165 premium on average. Further, 9,000 square feet of recently created, high end amenity space has not yet been utilized as a leasing tool and is a differentiator among luxury properties in the immediate area. The Property’s location is the best in Richmond, along the bustling West Broad Street corridor with access to high-end retail and the region’s preeminent office park Innsbroook. The Flats at West Broad Village’s exceptional asset quality, premier location and walkable lifestyle amenities, make it a rare opportunity to acquire Richmond’s most unique asset with additional renovation upside in the high growth Richmond apartment market.
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The Flats at West Broad Village
339 Units
3930 Wild Goose Lane
Glen Allen, VA  23060
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The Grand
236 Units
Sherman Oaks, CA
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The Heights at Bear Creek (is this a sale?)
227 Units
Redmond, WA
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Heights at Converse, a 200-unit apartment community located in Converse, Texas, the growing northeast suburb of metro San Antonio. Strategically located between I-35 and TX-1604 Loop, this asset enjoys convenient access to San Antonio’s major employment hubs. The property is situated in an excellent micro-location adjacent to Walmart Neighborhood Market and along the heavily trafficked thoroughfare of Kitty Hawk Road. Built in 2015, The Heights at Converse represents an outstanding opportunity to implement a value-add program that will enable the property to compete with top-of-the-market rents.
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The Heights at Converse
200 Units
7855 Kitty Hawk Dr.
Converse, TX  78109
Type: Conventional
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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

Cushman & Wakefield is pleased to present the opportunity to acquire The Lodge at Hamlin, a new construction, Class AA, 250-unit, garden-style apartment community located in Winter Garden, Florida.

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The Lodge at Hamlin
250 Units
6151 Lake Lodge Drive
Winter Garden, FL  34787
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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
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The Oaks
147 Units
4614 Pioneer Road
Balch Springs, TX  75180
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The Palms
48 Units
333 & 350 North Palm Drive
Beverly Hills, CA
Cushman & Wakefield, Inc., as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in The Rivers Phase II – Lots 506, 507, and 508 (the “Property”), a 9.93-acre property approved for high-density residential development located in the city of West Sacramento, California. The Property is comprised of three contiguous lots totaling 9.93 net acres with the potential to build up to 335 units (33.7 du/acre). The Property is zoned Waterfront Planned Development (WF PD-29). The Property is ideally located within proximity to Sacramento’s top attractions including: Raley Field, Old Sacramento, Downtown’s central business district, and state capitol buildings and several government employers.
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The Rivers
17.4 Acres
West Sacramento, CA
Type: Land

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.

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The Riverwalk at Salem
276 Units
1650 Lancing Drive
Salem, VA  24153
Type: Conventional

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Shenandoah (the “Property”) – a 24-unit, fully renovated residential asset in the heart of Miami, Florida.

All 24 units are two bedroom/ one bathrooms and have recently been gut renovated with high end finished. Current ownership spent over $2.4 million in improving the property in 2020. This includes hurricane impact windows, new electrical/plumbing, complete interior renovations with new tile flooring, granite counter tops/new kitchen cabinets, stainless steel appliances, and new glass shower tubs and vanities security cameras/ secured building access, exterior paint and resealing/striping parking area. Roads were replaced in 2014. The property offers an onsite laundry facility as well as a leasing office.

The property is 100% occupied. The current gross income at the property is $460,980. New construction two-bedroom units in the immediate rent up to $1,756 and average rents in the submarket are $2,298 with two bedrooms averaging $2,516.

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The Shenandoah
24 Units
2162 SW 14th Terrace
Miami, FL  33145

Please click here to sign the Confidentiality Agreement.

Cushman & Wakefield is pleased to offer for sale, The Upton, a newly constructed, luxury mixed-use apartment building located in one of the country’s top investment markets, Montgomery County, Maryland. The asset is located one block from the Rockville Metro Station in the award-winning Rockville Town Center. The Upton consists of 263 multifamily units, 15,982 square feet of ground level retail and a commercial parking garage. Located in the heart of the I-270 Technology and Life Science Corridor and adjacent to county executive offices, city hall, multiple courthouses and numerous corporate office users, The Upton offers an investor access to one of the nation’s leading and most stable employment bases. The Property’s strong history performance coupled with limited multifamily pipeline allow for continued rental rate growth.

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The Upton
263 Units
44 Maryland Avenue
Rockville, MD  20850
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Timbers of Edmond
72 Units
1200 E Ayers Street
Edmond, OK  73034
Type: Conventional
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Tower at Tropicana
260 Units
6575 W. Tropicana Ave.
Las Vegas, NV  89103
Available Together or Separately

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.

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Doral View & Town Fontainebleau Lakes (2 properties, 720 units)
Town Fontainebleau Lakes
360 Units
1062 NW 87th Avenue
Miami, FL  33172
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Tree Haven
65 Units
6418 Fisher Road
Dallas, TX  75214
Sign the electronic Confidentiality Agreement to gain access to the online package. Site Tours: Thursday, June 6, 2013 Tuesday, June 11, 2013 Tuesday, June 18, 2013 Tuesday, June 25, 2013 Offers Due: Friday, June 28, 2013 Please contact Chris Spain 404-853-5234 or Alex Brown 404-853-5274 to discuss or schedule a tour.
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Tree Top and Honeytree
   
Raleigh, NC
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Trinity Ridge Apartments
54 Units
5800 NW 29th Street
Oklahoma City, OK  73127
Type: Conventional
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Tropicana Gardens
109 Units
6585 El Colegio Road
Santa Barbara, CA
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Turnpike Townhomes (the "Property"), a pristine 100-unit apartment community built in 2008 located in Danville, Virginia. The Property is well positioned within the market to take advantage of the rapid economic growth and development driven by Caesars Entertainment Group’s commitment to spend $400 million to open a premier destination resort casino in Danville. Located along the southern border of Virginia, 70 miles south of Roanoke, Virginia, and 45 miles northeast of Greensboro, North Carolina, Danville is currently experiencing an economic resurgence which has generated sustained economic growth resulting in pre-COVID unemployment levels at an 18-year record low of 4.40%. The area is a significant hub for advanced manufacturing with major employers including both national and international companies and the home of Sovah Health, a 250-bed major regional hospital that employs over a thousand professionals. The Property is owned and managed by a private individual and the opportunity exists to introduce significant efficiencies on the income side including organic rental growth and utility expense recapture to create long term value and stable cash flow for a new investor.
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Turnpike Townhomes
100 Units
1300 Franklin Turnpike
Danville, VA  24540
Type: Conventional