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Balsam Grove
   
852 8th Lane
Anoka, MN  55303
Type:  Multifamily
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Banyan Trail
82 Units
4055 MacEachen Boulevard
Sarasota, FL  34233
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Bay Hill Apartments
100 Units
Long Beach, CA
Sign the electronic Confidentiality Agreement to gain access to the online package. Site Tours will be available during the weeks of July 9th, 16th, 23rd and 30th. Offers Due: Thursday, Aug. 2. Please contact Ed Nwokedi 713-331-1731 to discuss or schedule a tour.
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Baywood
514 Units
520 Wall Boulevard
Gretna, LA  70056
Type:  Multifamily

Cushman & Wakefield is pleased to present Bel Mar Apartments, an exceptional multifamily real estate offering located in Downtown Colorado Springs. The property consists of 22 units comprising 2 studio units and 20 spacious one bed, one bath units. Boasting a prime location and excellent walkability to a plethora of dining options, shopping destinations, and entertainment venues, this property presents an ideal living experience for residents. The property offers plenty of parking for tenants, private patio spaces, on-site laundry & extra storage facilities. Situated with easy access to I-25, residents can enjoy seamless commutes and convenient connectivity to surrounding areas. The nearby attractions of the new U.S. Olympic & Paralympic Museum as well as the newly built Weidner Field add to the property’s allure.

With 22 units in the heart of downtown Colorado Springs, Bel Mar Apartments presents itself as an attractive investment opportunity with 95% classic units. This unique multifamily asset presents an enticing value-add opportunity to potential investors looking to maximize returns through renovations and operational improvements.

Value-Add Potential: Bel Mar Apartments presents an excellent opportunity for value creation through interior renovations and operational improvements. Twenty units remain primed for interior renovations such as LVP flooring, shaker cabinets, countertops, appliances, and full bathroom remodel. The asset will continue to command higher rental rates and attract tenants seeking updated living spaces. Furthermore, investors have the ability to capitalize on flexible leases with immediate rental upside of approximately $300-500 per unit. Additionally, a utility bill back system can be implemented along with the rental increases to improve returns.

Central Downtown Location: Bel Mar Apartments is a legacy asset positioned in Downtown Colorado Springs. This provides tenants an attractive lifestyle with easy walkability to Downtown dining, retail & entertainment options. Bel Mar’s close proximity to the city’s economic hub of over 28,000 employees and to Colorado College, further adds to the appeal for both renters and investors alike.

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Bel Mar Apartments
22 Units
623 North Weber Street
Colorado Springs, CO  80903
Type:  Multifamily
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Bella Terra Lofts
20 Units
2624 Sw 74th Street
Oklahoma City, OK  73159
Type:  Multifamily
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Bella Vista
14 Units
255 Channing Way
San Rafael, CA  94903
Type:  Multifamily
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Belle Isle Terrace
96 Units
4861 N Blackwelder Ave
Oklahoma City, OK  73118
Type:  Multifamily
Belmont Heights Apartments, a 36-unit multifamily community in Pueblo, has sold to Anchor Belmont LLC for $3.6 million, or $100,000 per unit. Cushman & Wakefield’s Multifamily Investment Services team in Colorado Springs represented both the buyer and the seller, Belmont Heights Apartments LLC, in the transaction. The team’s Lee Wagner and Jeff Dimmen represented the seller, and the team’s leader Pat Knowlton represented the buyer. “Belmont Heights Apartments is a good quality multifamily value-add investment opportunity consisting of an attractive unit mix of 16 one-bedroom, 16 two-bedroom, and four three-bedroom units. The buyer plans to continue to improve the property and hold long-term,” said Executive Director Pat Knowlton. “The Pueblo region maintains resilient multifamily fundamentals, while investors and developers have shown further interest in the market over the last few years,” mentioned Director Lee Wagner. Located at 1408-1224 E 21st Street, Belmont Heights Apartments is a five-building complex featuring spacious floor plans, with select units also offering extra half-bathrooms and fireplaces, 20 townhome-style units, and outdoor courtyards. The City of Pueblo is approximately 45 miles south of Colorado Springs and 100 miles south of Denver.
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Belmont Heights Apartments
36 Units
1408-1424 E 21st Street
Pueblo, CO  81001
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Bennett Pointe
98 Units
930 S Boulevard
Edmond, OK  73034
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Bethany Park
98 Units
6214 NW 38th St
Oklahoma City, OK  73008
Type:  Multifamily
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Black Mountain Lofts
   
1718 North Fort Valley Road
Flagstaff, AZ  86001
Type:  Multifamily
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Black Mountain Site
   
12855 Black Mountain Road
San Diego, CA  92129
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present the City Center Portfolio, a 500-unit, four property portfolio located in Newport News, Virginia. The Properties - Kingstowne (1974 & 1985), Boston Cove (2008), Forrest Court (1971), and Victoria Place (1985) - exhibit strong value-add fundamentals with in-unit renovations which can generate significant rent increases, proven out within the broader submarket. A substantial amount of capital has been invested in the Properties that limits downside risk associated with deferred maintenance and will allow a new investor to focus on income generating renovations. Additionally, the Portfolio is being offered at a price significantly below replacement cost, providing investors with an incredibly attractive acquisition basis relative to newly constructed Class A properties. The Properties are strategically located around Newport News’ premier mixed-use development, City Center at Oyster Point, and have immediate access to I-64 only minutes away. The City Center Portfolio is a rare opportunity to combine irreplaceable Newport News locations and immediate scale with additional upside in the vastly expanding Hampton Roads market.
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Newport News City Center Portfolio (4 properties, 500 units)
Boston Cove
34 Units
828 Forrest Dr
Newport News, VA
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Braddock Lee Apartments, a 258-unit asset in the prime Alexandria, Virginia submarket. Braddock Lee presents investors proven value-add upside with 27% of units fully renovated garnering rent increases of $100. The ability exists to continue or improve the existing renovation scope which would allow for additional premiums. The Property is located in Alexandria, Virginia, one of Northern Virginia’s most desirable locals, with significant retail and some of the Washington metro’s largest employers in close proximity. This creates consistent tenant demand with submarket fundamentals outperforming the broader market from both a rent growth and vacancy perspective. Braddock Lee is one of very few workforce housing assets in East Alexandria which adds to its investment appeal and allows for outsized performance. The Property has been well maintained with $3.27MM invested by current ownership, including the replacement of all roofs, limiting capital risk going forward. Braddock Lee presents investors an opportunity to acquire a well-located workforce housing asset, with proven rental upside in one of Northern Virginia’s most desirable areas.
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Braddock Lee Apartments
258 Units
2423 Menokin Dr
Alexandria, VA  22302
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Brentwood
107 Units
831 S. Nursery Road
Irving, TX  75060
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Brentwood Apartments
   
Everett, WA
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present this rare development opportunity in Miami’s coveted Brickell submarket. Ideally positioned along Brickell’s primary ingress/egress route from Interstate 95, this property offers intense, mixed-use zoning, incredible walkability and immediate access to mass transit.
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Brickell Starlite Site
0.99 Acres
128 SW 7th Street
Miami, FL  33130
Type:  Land
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Bryden House
152 Units
1555 Bryden Rd
Columbus, OH  43205
Type:  Multifamily

Cushman & Wakefield’s Southwest Multifamily Advisory Group is pleased to present the exclusive listing of the 26-unit Camelback Gardens apartment community centrally located in Phoenix, Arizona.

The property is sited on approximately 1.5 acres in a well developed area that offers residents various shopping, recreation and schools. Located in close proximity to both major freeways, I-17 and SR-51, Camelback Gardens also benefits from being situated within walking distance of the METRO Light Rail.

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Camelback Gardens
26 Units
2101 West Colter Street
Phoenix, AZ  85015
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Campus Club
64 Units
5651 Fletcher Ave E
Tampa, FL  33617
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Cantamar
180 Units
16630 North 43rd Avenue
Glendale, AZ  85306
Type:  Multifamily

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of 78 out of 252 condominium units at Caribbean Isle Villas located in Homestead, Miami-Dade, FL. Built in 2007, the units are 100% occupied and are available significantly below replacement cost. The units are generating over $1 million in current income. The HOA is well managed and fully funded with over $340,000 in reserves. Comparable condominium sales in the area range between $112,000 to $187,000 or $86 to $141 per square foot. The property and units are extremely well maintained. The units are spacious averaging almost 1,100 square feet, consisting of 52 2BD/2BA averaging 1,048 square feet and 26 are 3BD/2BA averaging almost 1,200 square feet.

  • Planned transit expansion will connect Caribbean Isles to Miami International Airport, Downtown Miami, Wynwood and more. Click here for the article.

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Caribbean Isles
78 Units
2700 PACIFIC BOULEVARD NE
Homestead, FL  33033
Type:  Multifamily
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Carmel Mountain
600 Units
San Diego, CA