Pheasant Run is a 2002 built property located in a desirable infill location that benefits from limited nearby competition. While well maintained, the property has largely original finishes and amenities and offers the ability to increase revenue with untapped renovation opportunities. The existing unit layouts and features can be easily enhanced and result in premiums of more than $110-$330 / month. With 9-foot ceilings, each floorplan offers spacious living areas and washer/dryer hook ups.

Located in Warren Township, on the southeast side of Indianapolis, Pheasant Run enjoys exceptionally easy and convenient access to downtown Indianapolis, local restaurants, employment and medical facilities.

Offered Free and Clear, the property’s stable financial performance will allow for the most competitive and attractive new debt structure.

Pheasant Run can be purchased individually or as part of a 600 unit, 3 property portfolio to include English Village – 208 Units and Echo Ridge 208 Units.

All three properties are located on the south eastside of Indianapolis and a portfolio purchases offers economies of scale.

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Pheasant Run
208 Units
7925 Palawan Drive
Indianapolis, IN  46239
Type: Conventional
Closed: 6/27/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 352-unit, Southern Pines apartment community in Spartanburg, SC. Delivered in 1976, Southern Pines is located along the commerce-rich Interstate 85 corridor and is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (+8,000 employees) and burgeoning high-tech economy. Southern Pines lies in an area of East Spartanburg that supports over 10,500 jobs in a three mile radius and sits only three miles from the busy East Main Street commercial corridor (Publix, Fresh Market, Aldi). With most units already up fitted with light renovations, Southern Pines is ripe for an enhanced value-add program to realize tremendous growth in income.
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Southern Pines
352 Units
350 Bryant Road
Spartanburg, SC  29303
Type: Conventional
Closed: 6/27/2019
Cushman & Wakefield is pleased to present The Buckingham and The Commodore; a 167-unit vintage multifamily portfolio in the vibrant Loring Park neighborhood of Downtown Minneapolis. The properties have been meticulously maintained by responsible, family ownership over the last 40-years and are now ripe for a strategic common area and in-unit renovation plan.

The walkability of these urban assets is unparalleled and reside one block from the scenic “Loring Park,” which is the largest park in the Minneapolis CBD. The properties are also three blocks from the recently upgraded “Nicollet Mall,” the thriving entertainment and dining area of Downtown Minneapolis.

The Buckingham and The Commodore portfolio presents investors the rare opportunity to acquire two historic, irreplaceable Loring Park assets with tremendous upside potential. The properties are being offered free and clear of existing financing and tours will begin the week of March 11th.

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The Buckingham & The Commodore (2 properties, 167 units)
The Buckingham
127 Units
1500 LaSalle Ave
Minneapolis, MN  55403
Closed: 6/27/2019
Cushman & Wakefield is pleased to present The Buckingham and The Commodore; a 167-unit vintage multifamily portfolio in the vibrant Loring Park neighborhood of Downtown Minneapolis. The properties have been meticulously maintained by responsible, family ownership over the last 40-years and are now ripe for a strategic common area and in-unit renovation plan.

The walkability of these urban assets is unparalleled and reside one block from the scenic “Loring Park,” which is the largest park in the Minneapolis CBD. The properties are also three blocks from the recently upgraded “Nicollet Mall,” the thriving entertainment and dining area of Downtown Minneapolis.

The Buckingham and The Commodore portfolio presents investors the rare opportunity to acquire two historic, irreplaceable Loring Park assets with tremendous upside potential. The properties are being offered free and clear of existing financing and tours will begin the week of March 11th.

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The Buckingham & The Commodore (2 properties, 167 units)
The Commodore
40 Units
1417 LaSalle Ave
Minneapolis, MN  55403
Closed: 6/27/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit, 1998-built Broad River Trace apartments in Columbia, SC. The property is conveniently located off of I-26 between the Downtown Columbia and Harbison Boulevard Corridor providing residents easy access to Columbia’s best shopping hotspots and recreational areas, including Riverbanks Zoo and Harbison State Forest. The asset offers an outstanding opportunity to invest in a solid performing asset with attractive exteriors and amenities, as well as market driven potential to boost NOI through completion of a supported enhanced value-add program.
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Broad River Trace
240 Units
551 Riverhill Circle
Columbia, SC  29210
Type: Conventional
Closed: 6/21/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 207-unit, 1800 Ashley West. The property, built in 1980, is located in the heart of West Ashley, one of Charleston’s fastest growing submarkets, just minutes from Downtown Charleston as well as other major employment centers including Boeing (8,200 jobs), Joint Base Charleston (36,000 jobs), the new Mercedes-Benz plant (1,300 jobs) and Volvo plant (2,000 jobs). The recent adoption of “Plan West Ashley”, a master plan intended to spur economic development in the area through public-private partnership, will serve as a catalyst for growth in the submarket. 1800 Ashley West, offers new ownership to have the opportunity to complete the in-place value-add programs to further boost NOI across the property by over $653k.
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1800 Ashley West
207 Units
1800 William Kennerty Drive
West Ashley, SC  29407
Type: Conventional
Closed: 6/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 167-unit Stonegate at Eagle’s Landing and the 300-unit Mandalay Villas in Henry County, Georgia. Henry County is one of Atlanta’s top growth corridors with over 15% projected household income and population growth over the next 5 years. Despite this impressive growth, Henry County’s apartment market has been extremely under-supplied since 2010 (2.4K units delivered), a catalyst for continued rent growth. Additionally, Henry County’s industrial market is booming with 13.4M SF under construction/proposed, creating an additional 8.9K jobs. These strategic locations are further bolstered by the surrounding demographics. Stonegate at Eagle’s Landing and Mandalay Villas present the opportunity to acquire a value-add portfolio below replacement cost in one of the Southeast’s main distribution markets.
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Stonegate at Eagle's Landing & Mandalay Villas (2 properties, 467 units)
Mandalay Villas
300 Units
1395 Towne Centre Village Drive
McDonough, GA  30253
Type: Conventional
Closed: 6/20/2019

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of the 132-unit Saddle Cove Townhomes located in Gainesville, Florida. This asset is situated in the desirable Gainesville-University South submarket. Built in 1979 of concrete block construction, Saddle Cove Townhomes offers an outstanding opportunity to invest in this well-designed community that offers a significant value-add opportunity while also capitalizing on the $1,100,000 +/- improvements recently implemented.

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Saddle Cove
132 Units
3010 SW 23rd Terrace
Gainesville, FL  32608
Type: Conventional
Closed: 6/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 167-unit Stonegate at Eagle’s Landing and the 300-unit Mandalay Villas in Henry County, Georgia. Henry County is one of Atlanta’s top growth corridors with over 15% projected household income and population growth over the next 5 years. Despite this impressive growth, Henry County’s apartment market has been extremely under-supplied since 2010 (2.4K units delivered), a catalyst for continued rent growth. Additionally, Henry County’s industrial market is booming with 13.4M SF under construction/proposed, creating an additional 8.9K jobs. These strategic locations are further bolstered by the surrounding demographics. Stonegate at Eagle’s Landing and Mandalay Villas present the opportunity to acquire a value-add portfolio below replacement cost in one of the Southeast’s main distribution markets.
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Stonegate at Eagle's Landing & Mandalay Villas (2 properties, 467 units)
Stonegate at Eagle's Landing
167 Units
700 Rock Quarry Road
Stockbridge, GA  30281
Type: Conventional
Closed: 6/18/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Renaissance at Peachers Mill apartment community located in Clarksville, Montgomery County, Tennessee. This asset is situated in the booming Clarksville MSA, one of the top metros for job growth in Middle Tennessee, and is just 10 minutes from the Clarksville Regional Airport. Built in 2011, Renaissance at Peachers Mill offers an outstanding opportunity to invest in a Class A product primed for a value-add campaign that will further boost returns.
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Renaissance at Peachers Mill
216 Units
2195 West Allen Griffey Road
Clarksville, TN  37042
Type: Conventional
Closed: 6/14/2019
RIDGE VIEW is a 150-unit, Class "A", garden-style apartment community located on Fountain Hills Boulevard, north of Shea Boulevard, in Fountain Hills, Arizona. 140 of the 150 unit interiors have been recently upgraded as well as a significant portion of the exterior and common areas. Fountain Hills Park, with its famous fountain, is 5 minutes east of the property.
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Ridge View
150 Units
13225 N. Fountain Hills Blvd.
Fountain Hills, AZ  85268
Type: Conventional
Closed: 6/14/2019
Attractive Location in one of Orlando's Most Dynamic Submarkets

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Alta Grande, a brand-new apartment home community in South Orlando. The 314-unit property consists of three-story garden-style buildings with an average unit size of 969 square feet. Developed in 2018, the property consists of a mix of one-, two- and three-bedroom residences with expansive state-of-the-art amenities and market-leading finish levels. The location of Alta Grande in South Orlando offers the ultimate access to jobs, retail and entertainment. The property is less than 5 minutes from SouthPark Center, a 1.5 million square foot office park as well as just minutes from two Fortune 500 companies, Lockheed Martin and Darden Restaurants. Residents also have access to I-4, The Beachline Expressway (FL-528) and Florida’s Turnpike, allowing residents easy access to Orlando’s major employers.

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Alta Grande
314 Units
3512 Grande Reserve Way
Orlando, FL  32837
Type: Conventional
Closed: 6/13/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky, Inc. are pleased to present the exclusive listing of the 146-unit Bradford Mills Lofts apartment community located in Louisville, Jefferson County, KY. Situated in Germantown, Bradford Mills Lofts is surrounded by Louisville's trendiest urban neighborhoods. The immediate submarket provides healthy demographic support due to the excellent regional connectivity, key Louisville employers, and exceptional retail options. With Louisville catalyzed by heightened economic activity, population and job growth are projected to continue for the foreseable future. Bradford Mills Lofts will be able to capitalize on this growth and provides investors a rare opportunity to own one of Louisville’s newest assets.
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Bradford Mills Lofts
146 Units
1124 Reutlinger Avenue
Louisville, KY  40204
Closed: 6/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 378-unit, Waterside Greene apartment community. Delivered in two phases (2005/2015), Waterside Greene is located in the heart of Greenville’s "Industry Triangle" with five of the county’s largest employers (10,500+ jobs) located just minutes from the property. Residents of Waterside Greene enjoy seamless access to the premier retail in an area defined by an exceptional demographic base including an average HHI of over $74,000 within a one-mile radius. Bolstered by steady operations, the property is poised to bridge the $300+ delta in effective rents to market competitors through a multipronged value-add initiative.
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Waterside Greene
378 Units
741 Woodruff Road
Greenville, SC  29607
Type: Conventional
Closed: 6/6/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Icon Las Olas – an iconic 44-story residential high-rise overlooking historic Las Olas Boulevard, the Atlantic Ocean, downtown Fort Lauderdale and the New River.This coveted and irreplaceable asset opened in October 2017, and is comprised of 272 luxury residences and three top-rated restaurants: Etaru Japanese Bar + Grill, Salt Seven Modern Eatery & Lounge and IT! Italy Café.

A Trophy Residential Tower

Rising 44 stories, Icon is the tallest building in Fort Lauderdale. Suspended atop the skyline and nestled between Las Olas’ preeminent high street and the New River, Icon presents unobstructed views of the ocean, downtown and Las Olas Boulevard. An asset of this awe-inspiring height, condominium quality finish, architecture and irreplaceable location, make it a rare acquisition opportunity and the premier asset of an investment portfolio for generations as it commands the center of a major downtown.

Superior Asset Quality and Unit Sizes

Built with the most discerning residents in mind, Icon Las Olas sets a new standard of excellence. The building’s unique curvature, glass façade, and sheer height evoke feelings of opulence. All units feature floor-to-ceiling glass, interiors designed by internationally recognized Steven G., and exceptional interior finishes that include built-in Sub Zero and Bosch appliances. Average unit sizes are a remarkable 1,516 square feet, dwarfing the market average by over fifty percent.

Performance Fueled by Affluence

Icon Las Olas has performed in record setting fashion as the market enthusiastically responded to the ultra-luxury niche. The property has achieved stabilization in just over 12 months while boasting an affluent tenant base with the highest household incomes in South Florida, placing the rent to income ratios comfortably below market norms.

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Icon Las Olas
272 Units
500 East Las Olas Boulevard
Fort Lauderdale, FL  33301
Closed: 6/5/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 156-unit Reserve at Sweetwater Creek apartment community located in Austell, Douglas County, Georiga. This asset is situated along the prolific I-20 corridor in rapidly-expanding Douglas County, home to Google's massive data center and a thriving technology employment base. Built in 1988, Reserve at Sweetwater Creek offers an outstanding opportunity to invest in a strong performing asset in a high-barriers submarket with limited multifamily supply.
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Reserve at Sweetwater Creek
156 Units
99 Creekside Circle
Austell, GA  30168
Type: Conventional
Closed: 6/5/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 307-unit Riverwalk apartment community located in burgeoning Rock Hill, SC (Charlotte MSA). Embedded in the 1,008-acre, $600M master-planned development of Riverwalk along the banks of the Catawba River, the property boasts premier walkability to expanding retail and lifestyle amenities. Recently delivered in two phases (2016/2018), Riverwalk offers the rare opportunity to acquire a newly constructed asset below replacement cost, while imminent stabilization and a significant rent runway provide immediate income upside potential. In addition, Riverwalk is poised to benefit from a tightening rental environment, as minimal new supply coupled with rapid economic growth in York County's I-77 corridor will drive favorable fundamentals.
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Riverwalk
307 Units
517 Pink Moon Drive
Rock Hill, SC  29730
Type: Conventional
Closed: 6/4/2019

Stonybrook Commons is a 122-unit apartment community located on Indianapolis’ suburban east side. The property consists of an office/clubhouse and seven residential buildings situated on over 13.5 acres with ample green space and mature trees. Buildings are two-story with attractive all-brick exteriors, vinyl shutters and wood balconies. Roofs are pitched with composite shingles.

The community offers 56 Two Bedroom flats (in two floor plans) and 66 Three Bedroom flats (also in two floor plans). Units are spacious, averaging 1,022 square feet. All units include large closets, fully-equipped kitchens including dishwasher and microwave, full-size washer/dryer connections, a private patio or balcony, and an outside storage closet.

Community amenities include a clubhouse with a community room for private parties, a picnic pavilion, a playground, bike racks and an on-site laundry center. The property is also less than one mile from Grassy Creek Park, as 175 acre Indianapolis Public Park located near German Church & 30th Street.

The property is located within the respected Warren Township School system.

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Stonybrook Commons
122 Units
3036 Redskin Drive
Indianapolis, IN  46235
Type: Conventional
Closed: 6/4/2019

Cushman & Wakefield is pleased to offer ARCADIA 4127, a 258-unit, fully renovated, garden-style community located in the highly desirable Arcadia neighborhood of Phoenix, Arizona. The current owners have spent approximately $7,000,000 ($27,000 per unit) completely transforming Arcadia 4127, creating a high quality, affordable living environment in one of Phoenix’s best neighborhoods. This outstanding location offers residents immediate access to employment, shopping and dining at some of the Phoenix area’s best restaurants. The entertainment district of Downtown Scottsdale is only minutes away to the east of Arcadia 4127.

Arcadia 4127 offers residents two swimming pools, a spa, outdoor barbecue grills, a fire pit, leasing office, fitness center, two elevators, gated access, covered parking and on-site laundry facilities. Interior amenities include washer/dryers (in select units), quartz countertops, under-mount sinks, stainless steel appliances, pantries, walk-in closets, hardwood-style flooring, new lighting fixtures, upgraded carpeting in bedrooms, ceiling fans and vertical blinds. Select units feature fireplaces, private balconies/patios and views of Camelback Mountain. Arcadia 4127 has been completely renovated by the current owners, including common areas, amenities, building exterior, mechanical systems and all 258 unit interiors.

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Arcadia 4127
258 Units
4127 East Indian School Road
Phoenix, AZ  85018
Type: Conventional
Closed: 6/3/2019

Park View Apartments, nestled in the quiet neighborhood surrounding Hawthorne Park in Janesville, Wisconsin is a great opportunity for steady investment.  The setting for Park View is idyllic with grand, stately oak trees and an expansive lawn area.  Typically appealing to a senior demographic, Park View has been a destination for residents seeking efficient living and access to important amenities like shopping, medical offices, hospitals and pharmacies. Tenants enjoy this asset’s boutique feel, and it shows via high retention rates and long rental tenure as a result.

This is truly a "bread and butter" opportunity for investors seeking low risk and strong returns.  This is coupled with the opportunity to convert the asset into a more "senior specific" use giving a new investor multiple executions.  In addition, current ownership has secured favorable, assumable agency financing at record-low interest rates, which allows new ownership to generate great returns immediately.

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Park View Apartments
96 Units
1601 N Randall Ave.
Janesville, WI  53545
Type: Conventional
Closed: 5/31/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of two perfectly primed, late-70s vintage value-add assets in metropolitan Atlanta. Retreat at Marketplace has 330 units in the rapidly expanding aerotropolis district. Ashland Lakeview is a 255-unit community embedded in more than 7M SF of industrial space and offers strategic connectivity to Emory’s ‘Eds and Meds’ corridor. This is an outstanding opportunity to invest in two high-growth submarkets positioned for immediate and long-term returns.
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Retreat at Marketplace & Ashland Lakeview (2 properties, 585 units)
Retreat at Marketplace
330 Units
3390 Fairburn Road SW
Atlanta, GA  30331
Type: Conventional
Closed: 5/31/2019

Southport offers buyers the opportunity to purchase a stable, partially renovated property in a solid B location.

Southport Crossing is located in Southport, a the well-regarded southern suburb of Indianapolis. 206 units have already been fully upgraded and demonstrate the ability to achieve higher rent. 122 units are partially renovated providing buyers with the ability to further upgrade these units and charge and additional $50 - $80 per month.

Southport Crossing is being offered free and clear.

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Southport Crossing
328 Units
1451 E Southport Road
Indianapolis, IN  46227
Type: Conventional
Closed: 5/31/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 81-unit The Square at Mason Mill apartment community located in Decatur, DeKalb County, Georgia. Situated less than two miles northeast of Emory’s booming ‘Eds & Meds’ corridor, residents enjoy backdoor access to major Atlanta employment centers, and quick connectivity to I-85 and I-285. Built in 2007 and 1972, The Square at Mason Mill features solid brick construction and classic architecture, and is primed to benefit from the continued rent growth and demand for higher finishes within the submarket.
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The Square at Mason Mill
81 Units
1130 North Jamestown Rd
Decatur, GA  30033
Type: Conventional
Closed: 5/31/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit Villas by the Lake apartment community located in Jonesboro, GA. This asset is situated in the in-fill Clayton County apartment submarket, characterized by limited new deliveries and strong organic rent growth of 44% since 2010. Given a five-mile radius, only one market rate deal has been delivered in the past 15 years. Villas by the Lake boasts an exceptional location being less than 20 minutes from Hartsfield-Jackson Atlanta International Airport and just 7 minutes from the area’s leading retail corridor, Fayette Pavilion. With demand for upgraded interiors evident at the subject property and in the submarket, Villas by the Lake is an excellent opportunity to acquire a true value-add investment well below replacement cost.
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Villas by the Lake
256 Units
1 Lakeview Way
Jonesboro, GA  30238
Type: Conventional
Closed: 5/31/2019