City View Apartments is a 112-unit property located in the West-Central submarket of Las Vegas and is poised to take advantage of the recent surge of nearby activity. Constructed in 1977, City View is a quaint community that offers proven renovation upside in both floor plans, ample common areas, a pool, and a lightly renovated clubhouse.

Las Vegas was the number one metro for rent growth in 2018, recording 7%+ growth. Las Vegas also recorded rent growth of 6%+ in 2016 and 2017. With the strong rent growth in Las Vegas, City View has been able to prove out $130 per month lifts in rents through a light interior improvement plan, while remaining "under market". Renovations include countertops, appliances, baseboards, paint, and hardware.

The West-Central submarket continues to be a proponent of higher rental rates as newer assets begin value-add campaigns & luxury projects continue to be developed in the immediate vicinity. Rent comps like the Sedona Ridge and Tower at Tropicana have rental rates $150-$200 per month higher than the renovated rates at City View. Sales in the submarket are exceptionally strong as well. The Green Leaf Lotus Apartments, less than one mile away, recently sold for $261,016.95 per unit. The 1988-vintage "Sequoia Meadows", just 0.9 miles away, recently sold for $163,602.94 per unit. Additionally, nearby Chinatown is experiencing a BOOM in the retail sector, as there proves to be huge demand to live, work, & eat in this corridor. Population growth in this pocket is projected at 9.41% through 2023

Cushman & Wakefield is pleased to announce the exclusive listing of an excellent opportunity to acquire 475 units in Denver Metro and Colorado Springs. The Colorado Portfolio consists of two properties located in Denver Metro totaling 216 units and two properties located in Colorado Springs totaling 259 units. Nestled among the trees close to Old Town Arvada, Aspen Point is country-style living with easy access to Denver and Boulder. Located just off Wadsworth Blvd. and W. 58th, Aspen Point is close to numerous retail and shopping centers, as well as minutes away from Downtown Denver. The retail center includes big-box tenants such as Costco, Home Depot, Lowe’s, Sam’s Club, Sport’s Authority, and numerous other retail shops. With easy access to the Rocky Mountains from I-70 and 6th Ave, Mountain Run is located in Lakewood, Colorado between W. Alameda and S. Union Blvd. Mountain Run sits within minutes of numerous job centers, including the Denver Federal Center which employs over 6,200 federal employees and 26 different agencies, making it the largest concentration of Federal agencies outside of Washington, D.C. Citadel Village and Village East both sit in the Rustic Hills Sub-Market of Colorado Springs. Citadel Village is located just off of North Academy and Galley Rd. and in very close proximity to the Citadel Mall and shopping center. Village East sits east of the North Powers and E Platte Ave intersection and just north of the Colorado Springs Municipal Airport. In early November, Frontier Airlines announced plans to build its heavy maintenance hangar in Colorado Springs, which will bring 225 high paying jobs to Colorado Springs. The Army recently announced they will base a newly formed brigade combat team at Fort Carson, bringing nearly 4,900 more soldiers to the post. The new unit would bring the total number of active-duty troops at the Colorado Springs post to nearly 30,000, compared with about 14,500 in 2003.

The Cushman & Wakefield Multifamily Advisory Group is pleased to offer for sale, Crystal Lakes Apartments, a 716-unit valueadd apartment community located in one of Richmond, Virginia’s best locals. Built in 1967, Crystal Lakes presents the opportunity to acquire significant scale in one of the Mid-Atlantic’s leading apartment markets. The Richmond Market has been an out performer with low vacancy and accelerated rent growth over the last twelve months with this trend projected to continue. Crystal Lakes is perfectly positioned to take advantage of these lofty fundamentals due to its convenient location in Chesterfield County, which offers some of the region’s top schools and quality of life. The Property’s location, along with its unique townhouse style construction, creates consistent renter demand and a significant competitive advantage in the market. Further major employers and employment centers are located in close proximity to Crystal Lakes with downtown Richmond 10 minutes away. The current owner has invested significant capital to cure deferred maintenance and bring down units back online while also establishing a renovation program which is proving out rent increases of $165. The opportunity exists for a new investor to replicate or enhance this renovation for similar premiums. This unique opportunity to acquire a large scare asset with proven value-add upside is rare in the Richmond market and makes Crystal Lakes a truly one of a kind offering.

Short-Sale Approval Required Price: $650,000 Price/Unit: $14,444 Price/SF: $22.22

29 units offered for sale | Buyer may obtain new financing PRICE: $1,425,000 PRICE/UNIT: $49,138 PRICE/SF: $71.93

The “Echelon at Centennial Hills” is a bite-sized institutional-quality asset in the desirable “Centennial Hills” submarket in Las Vegas. The asset combines oversized units (1,829 SF average), quality podium construction, structured parking, and a top-tier amenity base. The property is poised to take advantage of the accelerating trends of the northwest Vegas market through improved operations and a possible value-add program.

Location and asset type make this a unique offering, as Centennial Hills is the newest area of expansion in Las Vegas. The Centennial Hills location already rivals the established “Green Valley” submarket in the southeast. Single family developers, multifamily developers, and even high-end retail shops are thriving in the northwest. New multifamily projects are thriving, and luxury developers have plans to take advantage of the desirable demographics in the near future; the Calida group has plans to build an “Elysian” branded asset at the former “Great Mall of Las Vegas” location.

Las Vegas is the 29th largest MSA in the United States, and number one in rent growth among major metros. Rent growth figures averaged above 7.2% through 2018, with stronger growth in “lifestyle” assets than “workforce” assets. Additionally, Las Vegas leads the country in job creation, with year-over-year job gains of 3.2%. In total, 43,800 jobs were created through 2016 & 2017, and unemployment has recently dropped to 4.8%%. This job growth, paired with above-average population growth of 2.4%, continues to expand the local rental market. Additionally, personal income growth for Vegas was 6.1% in 2018, continuing to prove that the market has depth.

The Cushman & Wakefield Student Housing Team, in conjunction with the Cushman & Wakefield Multifamily Advisory Group, is pleased to present the exclusive listing of The Edge at Donaghey, a 120-unit, 432-bed apartment community located adjacent to the University of Central Arkansas (UCA). Built in 2013, The Edge is the only purpose-built student asset in the market catering to UCA. This opportunity allows investors to acquire the only true Class A student community significantly below replacement costs with the ability to achieve immediate returns.

Cushman & Wakefield is pleased to offer Elevation at the Village, a 214-unit garden style apartment community located in the highly desirable Town of Gilbert - named the best place to live in Arizona by Ranking Arizona (2022). Completed in 2023 by Vedura Residential, Elevation at the Village offers its residents a best-in-class lifestyle experience adjacent to the SanTan Village, one of the top shopping destinations in the Southeast Valley. The property is being offered on a free and clear basis, allowing investors the opportunity to structure financing that best fits their investment goals.

Cushman & Wakefield is pleased to present the exclusive listing of the 296-unit Landmark at Lake Ellenor apartment community in south Orlando, Orange County, Florida. Located a half mile west of US-441 and 2.5 miles east of the I-4 corridor, the asset offers quick access to south Orlando’s major employment centers, including Walt Disney World, Universal Orlando, Sea World, Darden Restaurants, and Lockheed Martin. Built in 1973, Landmark at Lake Ellenor offers investors an outstanding investment opportunity in one of Orlando’s highest rent growth submarkets.