Property is Located in a Designated Opportunity Zone With Tax Benefits

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 208-unit Anatole Apartment Homes community located in Daytona Beach, Florida.

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The Anatole
208 Units
1690 Dunn Avenue
Daytona Beach, FL  32114
Closed: 7/26/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit The Element at Kirkwood apartment community located in close-in east Atlanta, DeKalb County, Georgia, just minutes from downtown, midtown, and the airport. Strategically located for long-term sustainability just 4 miles east of downtown Atlanta, The Element at Kirkwood features an impressive amenity package and luxury interior finishes, with room to substantially push rents through value-add. This vintage 1964 asset arrives to market modernized and well-positioned for future growth.
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The Element at Kirkwood
176 Units
2035 Memorial Drive SE
Atlanta, GA  30317
Closed: 7/26/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
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Arkansas 360 Portfolio (5 properties, 360 units)
Indiandale Manor
132 Units
105 Lowery Street
Hot Springs, AR  71901
Closed: 7/25/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
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Arkansas 360 Portfolio (5 properties, 360 units)
Cottages of Hot Springs
72 Units
921 Shady Grove Rd
Hot Springs, AR  71901
Closed: 7/22/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 5.27-acre Flats at General Time Development opportunity located in Athens, Clarke County, Georgia. The land is situated in the rapidly-expanding, northeast corridor. The Flats at General Time land offers an outstanding opportunity to invest in a large-scale master development plan, surrounded by employment opportunities and entertainment with retail, office, and hotel on the horizon. Wayfair recently announced more than 500 customer support jobs with its plan to occupy 45K SF of the General Time re-development which itself will feature over 250K SF.
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Flats at General Time 5.27 Acres
5.27 Acres
180 Newton Bridge Road
Athens, GA  30607
Type:  Land
Closed: 7/22/2022
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Gravity at 255
334 Units
1501 Old Monrovia Road
Huntsville, AL  35806
Type:  Multifamily
Closed: 7/22/2022

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 238-unit The Park at Napoli multifamily community located in Winter Park, Florida.

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The Park at Napoli
238 Units
3733 N Goldenrod Road
Winter Park, FL  32792
Closed: 7/22/2022
Cushman & Wakefield’s Mid-Atlantic Multifamily Group is pleased to offer The Residences at Annapolis Junction, Maryland’s premier suburban Class AA asset. The Residences at Annapolis Junction, constructed in 2018 to LEED Gold certified, combines best-in-class, resort style amenities with top of market finishes in one of Maryland’s top investment markets, Howard County, Maryland. The asset is located in a transit oriented mixed-use town center with unique local retailers and office space providing a sense of place for residents that is rare among suburban assets in the Washington-Baltimore Corridor. The property is located at the doorstep of Maryland's largest employer, Ft. Meade and NSA, and within walking distance from the acclaimed National Business Park which features a high end network of government and contractor employment. This employment provides a consistent and affluent renter by choice which, coupled with The Residences at Annapolis Junctions Howard County address provides a competitive advantage relative to similar vintage competitors in nearby Anne Arundel and Prince George’s County. This has led to high growth, low vacancy property level fundamentals which have been consistently sustained since stabilization. The Residences at Annapolis Junction provides investors the ability to acquire a best in class asset adjacent to high end employment with significant competitive advantages in the prestigious Howard County jurisdiction of the Washington-Baltimore Corridor. The Property’s strong historical and current performance coupled with limited multifamily pipeline will allow for continued rental rate growth and asset appreciation.
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The Residence Annapolis Junction
416 Units
10125 Junction Drive
Annapolis Junction, MD  20701
Type:  Multifamily
Closed: 7/22/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 86-unit Camille Village apartment community located in Pass Christian, MS. Situated in the Biloxi-Gulfport-Pascagoula MSA along the Mississippi Gulf Coast which has experienced 7.3% YoY rent growth, Camille Village offers access to two major employment centers in Gulfport & Biloxi (58K+ total jobs). Built in 1969 with additional developable land, and heavily capitalized, Camille Village offers an outstanding opportunity to invest in an asset on the heels of a major repositioning with proven value add upside.
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Camille Village
86 Units
640 Hurricane Circle
Pass Christian, MS  39571
Closed: 7/20/2022
Cushman & Wakefield, Inc. is pleased to present the exclusive opportunity to acquire Roca Whitney Ranch (the Property), a 2007-vintage, value-add, 216-unit apartment community located in the Whitney Ranch submarket of Las Vegas, NV. Las Vegas is one of the fastest growing and best performing multifamily markets in the nation (over 20% year over year rent growth), positioning Roca Whitney Ranch as a limited-risk investment with superior rent growth prospects and long-term value appreciation potential.
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Roca Whitney Ranch
216 Units
5145 Rawhide St
Las Vegas, NV  89122
Closed: 7/20/2022

The Cushman & Wakefield Baltimore Single-Family Advisory Group is pleased to present The Belair-Edison Portfolio located in Baltimore, MD. The Offering is comprised of 20 single-family rental units in Northeast Baltimore with centralized management operations. The Portfolio is well positioned for a value-add business plan executing a leasing strategy to attract renters receiving housing vouchers and rental subsidies.

Currently less than 10% of the residents receive rental assitance and rent increases have remained relatively flat over the past 18 months. The opportunity exists to increase rents as much as 20%-25% with minimal capital expenditure, while actively leasing to residents receiving rental vouchers. Single-Family Rentals offer high yields and strong occupancy rates. High-Performance Metrics for Single-Family Rentals include a 99% occupancy rate, 8.5% annualized vacant-to-occupied (V2O), an increase of 5x the 2020 Rate. Baltimore City Housing Voucher Rents consistently outperform comparable market rate levels.

The Majority of the Homes have received modest capital improvements including new rooves, windows, mechanicals, and electrical systems. Other important enhancements include the installation of in-home washer/dryers, central air conditioning, dishwashers, modern appliances, and upgraded kitchen and bathroom finishes.

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The Belair-Edison SFR Portfolio
20 Units
3010 Brendan Avenue
Baltimore, MD  21213
Type:  Single-family
Closed: 7/20/2022

The Cushman and Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present The Washington Square Apartments, a demonstrated value-add opportunity just 15 minutes from Downtown Philadelphia. Located in Prospect Park, PA, the 30-unit apartment community is perfectly suited for a business plan focused on making substantial rent increases while substantially reducing operating expenses. Washington Square is in excellent condition as The Property has been meticulously maintained through several decades of continuous ownership and regular capital expenditures. Further value can be created through the cosmetic renovation of existing kitchens and bathrooms, adding modern tasteful finishes, and achieving an attractive ROI. Income can also be bolstered through streamlining management expenses and increasing operational efficiency. Rents at the Property trail surrounding comparables of similar vintage by 40%-60%.

Thanks to its affordability and its growing, healthcare-driven economy, Philadelphia has long been known as one of the most stable major apartment markets., with trailing 12-month asking rent growth running at an impressive 9.3% in the fourth quarter of 2021. Suburban apartment performance continues to rise, with many employers allowing their workers to work remotely, Suburban Philadelphia rent growth is forecasted to post a 10% year over year gain, compared to a 4% increase in 2020.

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Washington Square
30 Units
821 Washington Avenue
Prospect Park, PA  19076
Type:  Multifamily
Closed: 7/20/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Arkansas 360 portfolio, 5 properties and 360 total units spanning the North Little Rock, Hot Springs, and Fort Smith markets. Each market offers the investor a diversified tenant pool with stable job growth projections. Built between 1973-2005, the Arkansas 360 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio while allowing the next owner to inject additional capital for interior value add, refreshed exteriors, and boost exit value.
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Arkansas 360 Portfolio (5 properties, 360 units)
Woodland Terrace
60 Units
1701 Skyline Drive
North Little Rock, AR  72116
Closed: 7/19/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 219-unit College Park apartment community located in Macon, Bibb County, GA. This asset is strategically located in West Macon, moments away from big-box retailers like Sam's Club, Best Buy, Kroger, The Home Depot and minutes away from the $100M Macon Mall Revitalization project. Built in 1968 & 1972, College Park offers an outstanding opportunity to invest in an asset with steady rent growth and value-add potential.
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College Park
219 Units
3535 Williamson Road
Macon, GA  31206
Closed: 7/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Landings at North Ingle, a 140-unit apartment community located in Macon, Bibb County, Georgia. This asset is situated in the desirable northwest Macon community providing access to several top retail corridors and major employers (Navicent Health, Amazon, and Geico). Built in 1982, Landings at North Ingle represents an outstanding opportunity to invest and continue an already successful value-add program achieving $190 premiums with recent leases 18% over current in place.
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Landings at North Ingle
140 Units
3300 North Ingle Place
Macon, GA  31210
Closed: 7/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 625-unit Mobile 625 Portfolio. This portfolio is situated in the rapidly expanding West Mobile submarket which has experienced 17% rent growth over the past two years and 97% current occupancy. The three assets are within 1 mile of Airport Blvd, which allows residents convenient access to all of Mobile’s employment opportunities, retail amenities, and leisure activities. The portfolio, 625 units built between 1974-83, offers massive scale and presents an outstanding opportunity to invest in a stable, cash flowing portfolio with major value add upside.
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Mobile 625 Portfolio (3 properties, 625 units)
Ashford Place
168 Units
6075 Grelot Road
Mobile, AL  36609
Type:  Multifamily
Closed: 7/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 625-unit Mobile 625 Portfolio. This portfolio is situated in the rapidly expanding West Mobile submarket which has experienced 17% rent growth over the past two years and 97% current occupancy. The three assets are within 1 mile of Airport Blvd, which allows residents convenient access to all of Mobile’s employment opportunities, retail amenities, and leisure activities. The portfolio, 625 units built between 1974-83, offers massive scale and presents an outstanding opportunity to invest in a stable, cash flowing portfolio with major value add upside.
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Mobile 625 Portfolio (3 properties, 625 units)
Huntleigh Woods
233 Units
375 Hillcrest Road
Mobile, AL  36608
Type:  Multifamily
Closed: 7/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc., are pleased to present the exclusive listing of the 187-unit Jefferson Shadows apartment community located in Baton Rouge, East Baton Rouge Parish, Louisiana. This asset is situated on Jefferson Highway, a highly sought-after, affluent area characterized by top employers and high-end retail. The property can significantly benefit from a full repositioning program to meet the demand for luxury finishes and high-end amenities in the submarket. Built in 1975, Jefferson Shadows offers an outstanding opportunity to invest in a true value-add asset in an excellent micro-location.
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Jefferson Shadows
187 Units
9771 Jefferson Highway
Baton Rouge, LA  70809
Closed: 7/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 625-unit Mobile 625 Portfolio. This portfolio is situated in the rapidly expanding West Mobile submarket which has experienced 17% rent growth over the past two years and 97% current occupancy. The three assets are within 1 mile of Airport Blvd, which allows residents convenient access to all of Mobile’s employment opportunities, retail amenities, and leisure activities. The portfolio, 625 units built between 1974-83, offers massive scale and presents an outstanding opportunity to invest in a stable, cash flowing portfolio with major value add upside.
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Mobile 625 Portfolio (3 properties, 625 units)
Southern Oaks
224 Units
833 South University Boulevard
Mobile, AL  36609
Closed: 7/14/2022
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University Park
120 Units
2901 N Elgin Street
Muncie, IN  47303
Type:  Multifamily
Closed: 7/14/2022
Cushman & Wakefield is pleased to present for sale, 3412 Bloomington Ave Apartments, an 18-unit Multifamily property in Minneapolis.

Centrally located in the heart of South Minneapolis, just off of Interstate 35W and steps from the recently renovated Powderhorn Park, the property’s prime position gives residents easy access to everything. The property is located minutes from downtown Minneapolis, Uptown, Lyn-Lake, Eat Street, Lake Harriet, Lake Calhoun , Midtown, and Lake Nokomis. The property is also steps from locally acclaimed restaurants including Matt’s Bar and Grill, Chatterbox Pub, and Reverie Café + Bar.

The property has been professionally managed and meticulously maintained over their years of ownership. The in-place average rents are $870 (1-bed) and $1,030 (2-bed) which are both significantly below market and prime for a light, in-unit renovation plan. The asset is offered free and clear of existing financing.

Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.
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3412 Bloomington Ave Apartments
18 Units
3412 Bloomington Avenue
Minneapolis, MN  55407
Type:  Multifamily
Closed: 7/13/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 148-unit Granby Oaks apartment community located in bustling Columbia, SC. This asset is ideally situated near the 47-mile-long Congaree River and just a mile from downtown Columbia, providing residents easy access to the area’s foremost employment centers as well as many recreational activities. Granby Oaks’ exceptional location boasts impressive projected rent growth (21%), a majority white-collar workforce (58%), and a strong renter occupied population (67%). Located in a sought-after pocket of Lexington County, the property is surrounded by an abundance of entertainment options including the Parkland Plaza, an outdoor amphitheater, riverside activities, and the Cayce Riverwalk. Meticulously maintained during the course of ownership’s 30-year hold, Granby Oaks arrives to market a clean slate for investors to complete Class-A renovations on all units and push rents $275, aligning the asset with top submarket competitors.
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Granby Oaks
148 Units
800 State Street
West Columbia, SC  29169
Type:  Multifamily
Closed: 7/13/2022
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Pinnacle Park at Chenal Valley
216 Units
16401 Chenal Valley Drive
Little Rock, AR  72223
Closed: 7/13/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 328-unit Riverstone apartment community located in Augusta, Columbia County, Georgia. This area provides unmatched access to Augusta’s top growth sectors. Built in 2014 & 2016, this property offers outstanding opportunity to invest in a proven-value add opportunity with the ability to garner $200 rent premiums. Riverstone is in close proximity to Augusta's major economic employers, top schools, coupled with high barriers to entry within in the market. Riverstone provides immediate access to the area's newest hospital, AU Hospital, along with Augusta's new Amazon facility.
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Riverstone
328 Units
101 Halton Drive
Grovetown, GA  30813
Type:  Multifamily
Closed: 7/12/2022