The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 404-unit Birmingham Four Portfolio, located in the expanding Birmingham, Alabama. This portfolio, consisting of 4 properties (Summer Rise, Summer Terrace, Westlee Park, and Wellington Place) is situated around the Birmingham radius and features quick access to Downtown. Built in the early 1970’s, the Birmingham Four Portfolio represents an outstanding opportunity to invest in highly occupied assets with robust upside potential near local economic drivers.
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Birmingham Four Portfolio (4 properties, 404 units)
Summer Terrace
140 Units
107 Sterling Court
Birmingham, AL  35215
Type: Conventional
Closed: 9/8/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 404-unit Birmingham Four Portfolio, located in the expanding Birmingham, Alabama. This portfolio, consisting of 4 properties (Summer Rise, Summer Terrace, Westlee Park, and Wellington Place) is situated around the Birmingham radius and features quick access to Downtown. Built in the early 1970’s, the Birmingham Four Portfolio represents an outstanding opportunity to invest in highly occupied assets with robust upside potential near local economic drivers.
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Birmingham Four Portfolio (4 properties, 404 units)
Wellington Place
64 Units
6702 Forest Drive
Fairfield, AL  35064
Closed: 9/8/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 404-unit Birmingham Four Portfolio, located in the expanding Birmingham, Alabama. This portfolio, consisting of 4 properties (Summer Rise, Summer Terrace, Westlee Park, and Wellington Place) is situated around the Birmingham radius and features quick access to Downtown. Built in the early 1970’s, the Birmingham Four Portfolio represents an outstanding opportunity to invest in highly occupied assets with robust upside potential near local economic drivers.
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Birmingham Four Portfolio (4 properties, 404 units)
Westlee Park
104 Units
1012 33rd Street SW
Birmingham, AL  35221
Type: Conventional
Closed: 9/8/2017
Sold
Cottages on Tazewell
251 Units
5000 Tazewell Pike
Knoxville, TN  37918
Type: Conventional
Closed: 9/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Hawthorne Glen at Strickland, a niche 156-unit, 2000-built garden apartment community in affluent northwest Raleigh, NC. Located within the I-540 loop, the affluent and predominantly single-family residential neighborhood boasts average HHI’s of $125,000, median home values of $342,000 and is in close proximity to Raleigh’s major employment nodes featuring 70,000 high-paying jobs at employers such as Lenovo, IBM, BASF, Cisco Systems, Oracle, Qualcomm and Lockheed Martin. The property, which features some of the largest average unit sizes in the submarket, includes a fully renovated amenity package and an in-place value-add program obtaining a 24% ROI. In addition, the property is primed to execute a Class A interior renovation with $250 premiums as newer supply is averaging $285 - $446 higher rents.
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Hawthorne Glen at Strickland
156 Units
12203 Strickland Road
Raleigh, NC  27613
Type: Conventional
Closed: 9/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Hawthorne Westside, a 200-unit garden apartment community located in the heart of the West Ashley neighborhood just minutes from Downtown Charleston. With direct I-526 access, the property offers convenient access to major employment centers including Boeing, Joint Base Charleston, the new Mercedes-Benz plant, and Volvo plant. The well-maintained, 1987-built property offers the best amenity package in the submarket and includes a proven value-add program obtaining $115 to $150 premiums on a $4,900 to $5,700 renovation scope. Further upside remains as: (1) new supply is averaging $350 - $500 higher rents and (2) 1980’s value-add product on James Island is averaging rents $140 - $240 above Hawthorne Westside.
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Hawthorne Westside
200 Units
2235 Ashley Crossing Drive
Charleston, SC  29414
Type: Conventional
Closed: 9/6/2017
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The Pepper Building
184 Units
1830 Lombard Street
Philadelphia, PA  19146
Closed: 9/1/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 17-unit 78 Sheridan apartments located in north metro Atlanta, Fulton County, Georgia. This boutique Buckhead offering is situated in Atlanta’s top urban submarket posting the metro’s strongest rent growth. Built in 1965, 78 Sheridan offers a rare opportunity for short and long-term returns in one of the most sought-after residential districts in the nation.
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78 Sheridan
17 Units
78 Sheridan Drive
Atlanta, GA  30305
Closed: 8/31/2017
Property Tours:
  • Tuesday, March 7, 2017
  • Tuesday, March 14, 2017
  • Tuesday, March 21, 2017
  • Tuesday, March 28, 2017
  • Tuesday, April 4, 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 excited to present the exclusive listing of the 306-unit Ansley at Princeton Lakes apartments in Atlanta, Georgia. Developed in 2009 by Hathaway Development, this strategically-located Class A asset is part of an elite six-property Class A niche that serves the Hartsfield-Jackson International Airport "Aerotropolis" economic engine, which is Georgia’s largest employment center with 63,300+ jobs on site, 450,000+ jobs regionally, and a $65B annual economic impact. Given its niche Class A position immersed in a rapidly-expanding economic base, Ansley at Princeton Lakes offers the perfect canvas for value-add improvements and near and long-term investment growth.

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Ansley at Princeton Lakes
306 Units
3871 Redwine Road
Atlanta, GA  30344
Type: Conventional
Closed: 8/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit Villas at Lanier apartment community located in Gainesville, Hall County, Georgia. Gainesville-Hall County experienced a 39.2% MSA growth rate from 2000 - 2015. Villas at Lanier is located in the high barrier-to- entry Hall County submarket, characterized by limited new deliveries and strong organic rent growth. The asset’s superior physical plant, coupled with an exceptional surrounding demographic profile, have led to strong historical property performance highlighted by a 9% increase in NOI year-over-year from March 2016. With demand for upgraded interiors evident in the submarket, Villas at Lanier is an excellent investment opportunity.
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Villas at Lanier
150 Units
1750 Columns Drive
Gainesville, GA  30504
Type: Conventional
Closed: 8/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 228-unit, 1991-built The Arbors at Windsor Lake apartments in Columbia, SC. The property is conveniently located off of I-77 nearby some of the area’s top employers, and is barbelled between the affluent Forest Lake and Wildewood communities. The Arbors at Windsor Lake is a strong performing asset primed for a value-add initiative that is being offered at a discount to replacement cost.
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Arbors at Windsor Lake
228 Units
8720 Windsor Lake Boulevard
Columbia, SC  29223
Type: Conventional
Closed: 8/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 752-unit Northeast Atlanta Portfolio consisting of three apartment communities (Bella, Centre at Peachtree Corners, and Summit at Dawson) located in Norcross, Gwinnett County, Georgia. The properties share a similar vintage and location, situated three miles apart, offering new ownership economies of scale and operational efficiencies. With over $22.7M ($30K/unit) in strategic capital improvements spent in the last four years, prior ownership upgraded every aspect of the properties, allowing new ownership to focus on a minor value-add program to maximize portfolio value. The Northeast Atlanta Portfolio is very well maintained with fully-amenitized communities featuring oversized floor plans. The properties’ locations are poised for significant appreciation as both population and employment growth in the Northeast Corridor are projected to outpace the rest of the Atlanta Metro through 2030. Properties can be purchased individually or as a portfolio.
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Northeast Atlanta Portfolio (3 properties, 752 units)
Centre at Peachtree Corners
272 Units
3325 Holcomb Bridge Road
Peachtree Corners, GA  30092
Type: Conventional
Closed: 8/29/2017

Anzio is a 240 unit Class B apartment community located on Broadway Road at Priest Drive in Tempe, Arizona. This outstanding location provides residents with access to major Valley freeways, Arizona State University, Tempe Town Lake and Mill Avenue with its unique shops, restaurants and entertainment.

Anzio offers its residents two swimming pools with spa, a clubhouse, resident business center, fitness center, basketball court, children’s playground, on-site pet park, picnic area with barbecue, laundry facilities, secured bike storage, gated access and covered parking. Interior amenities include fully equipped kitchens with dishwashers and pantries, walk-in closets, ceiling fans, vertical blinds and private balconies/patios.

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Anzio
240 Units
1330 West Broadway Road
Tempe, AZ  85282
Closed: 8/28/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 514-unit Madison Landing apartments in Madison, Alabama, Huntsville’s most sought-after suburban community. Strategically positioned just north of Interstate 565, the property is surrounded by the region’s largest jobs centers — Cummings Research Park, Redstone Arsenal, and Port of Huntsville. Notably the property is just north of the planned 500-acre Town Madison mixed-used development and a new I-565 interchange, which will change the economic landscape of the immediate area. Madison Landing represents an outstanding opportunity to invest in an asset in a high-growth submarket with substantial market-supported value-add potential.
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Madison Landing
514 Units
2002 Flagstone Drive
Madison, AL  35758
Type: Conventional
Closed: 8/24/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit, 1995-built Salem Crest apartments in Winston-Salem, NC. The community, which is sanctioned under the Section 42 Affordability Program, is located just off Interstate 40, allowing easy access to the area’s most premier retail, healthcare facilities, and economic drivers. The investment also comes with the opportunity to boost annual NOI through increasing rents closer to the 60% AMI limits, which rest approximately $175 above current market rate levels.
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Salem Crest (TC)
144 Units
105 Brent View Court
Winston-Salem, NC  27103
Type: LIHTC
Closed: 8/23/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit portfolio Creekside at Wellington and Garden Villas in Gaffney, SC and Gastonia, NC, respectively. These strategically located, well-maintained properties are both located less than half a mile off of I-85 with access to major employment centers of the Upstate and Charlotte, while offering investors value-add opportunities in markets with scarce competition. Creekside at Wellington has untapped potential income with existing storage units on site and potential to boost NOI with implementation of a value-add initiative. With a proven value-add program in place, Garden Villas is well positioned to capitalize on Charlotte MSA’s tightening fundamentals.
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Creekside at Wellington & Garden Villas (2 properties, 192 units)
Garden Villas
100 Units
1776 Poston Circle
Gastonia, NC  28054
Type: Conventional
Closed: 8/22/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 48-unit Magnolia Hall apartment community located in north Fulton County in metro Atlanta, Georgia. This close-in boutique community is situated in the heart of Atlanta’s affluent Roswell community, and provides strategic access to North Fulton’s primary employment/retail hubs in Central Perimeter/Alpharetta/Roswell. Built in 1964, Magnolia Hall represents an outstanding opportunity to invest in one of Atlanta’s most desirable locations with incredible value-add upside.
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Magnolia Hall
48 Units
756 Mimosa Boulevard
Roswell, GA  30075
Closed: 8/22/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 136-unit Belvedere apartment community located in Jackson, Hinds County, MS. This asset is situated less than 5 miles from the heart of Jackson and a heavy density of medical employment. Built in 1967, Belvedere represents an outstanding opportunity to invest in an upwardtrending asset offered all cash.
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Belvedere
136 Units
2625 Belvedere Drive
Jackson, MS  39212
Closed: 8/15/2017
Property Tours:
  • Wednesday, March 29, 2017
  • Tuesday, April 11, 2017
  • Wednesday, April 19, 2017
  • Tuesday, April 25, 2017

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

The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky are pleased to present the exclusive listing of the 294-unit Breckinridge Square apartment community located in Louisville, Kentucky. Breckinridge Square is located within a half mile from the largest suburban hospital complex in Louisville. The submarket encompassing Breckinridge Square offers healthy demographic support due to the excellent regional connectivity, key Louisville employers, and exceptional retail options. With property performance on the rise and demand for upgraded units within the submarket, Breckinridge Square is an excellent value-add investment opportunity.

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Breckinridge Square
294 Units
203 Breckenridge Square
Louisville, KY  40220
Type: Conventional
Closed: 8/15/2017
Sold
Redstone at SanTan Village
382 Units
1925 S. Coronado Road
Gilbert, AZ  85295
Closed: 8/14/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 440-unit Willow Point apartment community located in Jackson, Hinds County, MS. This well demanded asset is situated approximately 10 miles north of the capital city of Downtown Jackson. Originally built in 1994/1997 as a LIHTC property, Willow Point represents an outstanding opportunity to invest in a property with significant upside in rental revenue.
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Willow Point
440 Units
759 Glencross Drive
Jackson, MS  39206
Type: Conventional
Closed: 8/10/2017
Sold
Brickstone Townhomes
37 Units
4470-4492 Redman Avenue
Omaha, NE  68104
Type: Conventional
Closed: 8/9/2017
Property Tours:
  • Tuesday, February 14, 2017
  • Tuesday, February 21, 2017
  • Tuesday, February 28, 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 254-unit Covington Glen apartment community located in east metropolitan Atlanta, DeKalb County, Georgia. Located just 12 miles east of downtown Atlanta and 1.5 miles north of I-20, the asset attracts metrowide commuters and also benefits from its own local submarket employment base anchored by DeKalb Medical Center Hillandale and the Snapfinger Woods industrial district. Completed in 1989, Covington Glen represents an immediate value-add opportunity with exceptional long-term investment growth in a burgeoning micro area.

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Covington Glen
254 Units
5816 Covington Highway
Decatur, GA  30035
Type: Conventional
Closed: 8/4/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present an exclusive listing on the 352-unit Amber Chase apartment community located in the Atlanta metropolitan area in McDonough, Henry County, GA. This asset is situated in the high barrier-to-entry Henry County apartment submarket, characterized by limited new deliveries and strong organic rent growth. Henry County’s location, being approximately only 25 miles south of the Atlanta Central Business District and positioned between Atlanta’s Hartsfield-Jackson International Airport and the Port of Savannah, makes it one of the most desirable and rapidly expanding logistics/distribution markets in the Atlanta metro area. These factors, coupled with a strong surrounding demographic profile, have led to strong historical property performance. With demand for upgraded interiors evident at the subject property and in the submarket, Amber Chase is an excellent investment opportunity.
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Amber Chase
352 Units
570 McDonough Parkway
McDonough, GA  30253
Type: Conventional
Closed: 8/1/2017