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)
Bella Apartments
318 Units
2445 Beaver Ruin Road
Norcross, GA  30071
Type: Conventional
Closed: 8/1/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 272-unit Veridian at Sandy Springs apartment community, located in North Atlanta’s affluent city of Sandy Springs. Fronting Roswell Road, Veridian at Sandy Springs is situated within the Perimeter Center submarket: one of metro Atlanta’s largest employment bases and one of the Southeast’s largest Class A corporate office markets. With nearly $5M ($18K per unit) in capital improvements spent since 2013, current ownership upgraded every aspect of the property. New ownership can focus on a light value-add program to maximize value and increase its already strong market position within the Sandy Springs submarket.
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Veridian at Sandy Springs
272 Units
1800 Windridge Drive
Atlanta, GA  30350
Type: Conventional
Closed: 8/1/2017
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)
Summit at Dawson
162 Units
1400 Chase Lane
Norcross, GA  30093
Type: Conventional
Closed: 7/25/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit Orchard Lane apartment community located in Mableton, GA (Cobb County). Built in 2001, this asset features 9’ ceilings, brick and vinyl construction, and is situated in the highly sought-after Cobb County, Georgia. The property is minutes from the under construction, $400M UPS logistics hub that will add more than 1,250 jobs by 2018. The well-designed floor plans (average 1,135 SF) will benefit from continued professional management as well as an interior repositioning program to further the rising monthly collected income. Orchard Lane is no longer a part of the state tax credit program, allowing the removal of restricted rental rates ("sunset period"). Market rental rates leave additional room for rent growth.
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Orchard Lane
137 Units
6862 Mableton Parkway SE
Mableton, GA  30126
Closed: 7/18/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 292-unit Lenox Park apartment community located in northeast suburban Atlanta, Georgia, in the desirable south Hall County area. Situated just east of Lake Lanier along the busy Interstate 985 corridor between the Mall of Georgia and the city of Gainesville, the subject area is notably home to the Atlanta Falcon Training camp, major employers, national retailers, and lake-oriented residential communities. Built in 2000, Lenox Park offers an outstanding value-add opportunity in a rapidly expanding area.
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Lenox Park
292 Units
1000 Lenox Park Place
Gainesville, GA  30507
Type: Conventional
Closed: 7/17/2017
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Orleans Development Opportunity
   
1516 N Orleans St
Chicago, IL  60610
Closed: 7/14/2017
Sold
Renaissance at Carol Stream
293 Units
201 Flame Dr
Carol Stream, IL  60188
Closed: 7/14/2017
Cushman & Wakefield NorthMarq is pleased to present the Doran student housing portfolio which includes The Bridges and The Knoll. This luxury, award-winning portfolio offers trophy-quality in both construction and status in the University of Minnesota (U of M) marketplace.
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Bridges and Knoll (2 properties, 311 units)
The Bridges
210 Units
930 University Avenue SE
Minneapolis, MN  55414
Type: Student
Closed: 7/14/2017
Cushman & Wakefield NorthMarq is pleased to present the Doran student housing portfolio which includes The Bridges and The Knoll. This luxury, award-winning portfolio offers trophy-quality in both construction and status in the University of Minnesota (U of M) marketplace.
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Bridges and Knoll (2 properties, 311 units)
The Knoll
101 Units
1101 University Avenue SE
Minneapolis, MN  55414
Type: Student
Closed: 7/14/2017
StoneBrook Apartments is a 168-unit value-add apartment community located in Roanoke, VA. Built in 1974, StoneBrook has tremendous value-add upside through the implementation of a comprehensive in-unit renovation program that includes the installation of washers & dryers. In-unit enhancements are currently being completed and proven out at the Property and the competitive set. The Property’s highly desirable location on the south side of Roanoke, adjacent to one of the region’s largest regional malls and within close proximity to numerous lifestyle amenities and major roadways adds to the Property’s appeal. StoneBrook’s exceptional location and significant renovation upside presents investors with the rare opportunity to acquire a well maintained apartment community with significant future growth prospects within the expanding Roanoke economy.
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StoneBrook Apartments
168 Units
3301 Circle Brook Drive
Roanoke, VA
Closed: 7/13/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,327-unit Mobile Midtown Portfolio located in Mobile, Mobile County, AL. The portfolio is comprised of three of the city’s largest assets: Estates at Lafayette Square, Pine Bend & The Hamptons, and Bel Air. These properties are centered in Mobile’s affluent Midtown district, which boasts the MSA’s highest density of quality retail amenities and extreme proximity to Downtown and the Port of Mobile. Built in the 1970’s, The Mobile Midtown Portfolio offers a rare opportunity to place a considerable amount of capital into well-maintained REIT assets with proven upgrade potential.
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Mobile Midtown Portfolio (3 properties, 1,327 units)
Bel Air
200 Units
505 Bel Air Boulevard
Mobile, AL  36606
Closed: 7/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,327-unit Mobile Midtown Portfolio located in Mobile, Mobile County, AL. The portfolio is comprised of three of the city’s largest assets: Estates at Lafayette Square, Pine Bend & The Hamptons, and Bel Air. These properties are centered in Mobile’s affluent Midtown district, which boasts the MSA’s highest density of quality retail amenities and extreme proximity to Downtown and the Port of Mobile. Built in the 1970’s, The Mobile Midtown Portfolio offers a rare opportunity to place a considerable amount of capital into well-maintained REIT assets with proven upgrade potential.
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Mobile Midtown Portfolio (3 properties, 1,327 units)
Estates at Lafayette Square
675 Units
900 Downtowner Boulevard
Mobile, AL  36609
Closed: 7/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 1,327-unit Mobile Midtown Portfolio located in Mobile, Mobile County, AL. The portfolio is comprised of three of the city’s largest assets: Estates at Lafayette Square, Pine Bend & The Hamptons, and Bel Air. These properties are centered in Mobile’s affluent Midtown district, which boasts the MSA’s highest density of quality retail amenities and extreme proximity to Downtown and the Port of Mobile. Built in the 1970’s, The Mobile Midtown Portfolio offers a rare opportunity to place a considerable amount of capital into well-maintained REIT assets with proven upgrade potential.
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Mobile Midtown Portfolio (3 properties, 1,327 units)
Pine Bend & The Hamptons
452 Units
1030 Montlimar Drive
Mobile, AL  36609
Closed: 7/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit, 1985-built Bainbridge In The Park apartments in Durham, NC. Located in close proximity to some of the area’s strongest economic drivers and most premier retail centers, Bainbridge In The Park is a well-maintained, strong performing asset with promising potential to boost NOI through implementing an interior value-add program.
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Triangle Place
216 Units
2800 Bainbridge Road
Durham, NC  27713
Type: Conventional
Closed: 7/10/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 72-unit Proctor Square apartment community located in Duluth, Gwinnett County, Georgia. This asset is situated in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, one of the fastest growing counties in the nation for more than two decades. Built in 1968, Proctor Square arrives with consistently robust submarket performance and is ideally primed for investment with substantial organic growth and value-add returns.
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Proctor Square
72 Units
3441 Fox Street
Duluth, GA  30096
Type: Conventional
Closed: 7/6/2017
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Central & Indian School Dev Site
3.17 Acres
4040-4060 N. Central Ave.
Phoenix, AZ  85012
Type: Land
Closed: 7/5/2017
Sold
Terraces at Manchester
148 Units
800 Semmes Avenue
Richmond, VA  23224
Type: Conventional
Closed: 7/1/2017
Property Tours:
  • Wednesday, April 12, 2017
  • Wednesday, April 19, 2017
  • Wednesday, April 26, 2017
  • Wednesday, May 3, 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 358-unit Ansley at Town Center apartment community located in northwest metropolitan Augusta. Built as two properties in 2009 and 2012, Ansley at Town Center features timeless floor plans, top-end luxury finishes, and modern hi-tech details. Headlined by outstanding performance trends, Ansley at Town Center is an exceptional asset for immediate and long-term investment.

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Ansley at Town Center
358 Units
1000 Alder Way
Evans, GA  30809
Type: Conventional
Closed: 6/30/2017

Offers due by Wednesday, June 29, 2016

Property Tours:
  • Wednesday, May 18, 2016
  • Wednesday, May 25, 2016
  • Wednesday, June 1, 2016
  • Wednesday, June 8, 2016
  • Wednesday, June 15, 2016

Cushman & Wakefield is excited to present the City Walk apartments and retail space in downtown Atlanta, Georgia. This investment represents 143 residential units and street-level retail space within a 161-unit fractured condominium. Completed in 2007, this urban midrise fronts famed Auburn Avenue at Piedmont Avenue, in the heart of Atlanta’s urban renaissance and served by the new Atlanta Streetcar. Enveloped by corporate Five Points, GA State University, burgeoning East Atlanta, and the GA State Capitol and government district, City Walk boasts high demand and is strategically positioned for a revenue-enhancing value-add initiative. This offering also includes 28,008 SF of street-front retail space that is currently 86% occupied. The residential and retail may be purchased together or separately.

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City Walk
143 Units
171 Auburn Avenue
Atlanta, GA  30303
Type: Condo
Closed: 6/30/2017
Sold
El Conquistador
201 Units
1881 East Irvington Road
Tucson, AZ  85714
Type: Conventional
Closed: 6/30/2017
Property Tours:
  • Wednesday, March 8, 2017
  • Wednesday, March 15, 2017
  • Wednesday, March 22, 2017
  • Wednesday, March 29, 2017
  • Wednesday, April 5, 2017
  • Wednesday, April 12, 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 240-unit Estates at Perimeter apartment community located in northwest Augusta, Georgia. Built in 2007, Estates at Perimeter features well-designed and spacious floor plans as well as consistently robust market performance. The property’s market is ideally primed for investment with substantial organic growth and value-add returns.

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Estates at Perimeter
240 Units
50 St. Andrews Drive
Augusta, GA  30909
Type: Conventional
Closed: 6/30/2017
Property Tours:
  • Thursday, September 29, 2016
  • Thursday, October 6, 2016
  • Thursday, October 13, 2016
  • Thursday, October 20, 2016

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 284-unit Mountain Lake apartment community located in close-in DeKalb County. Located southeast of I-285 "The Perimeter," Mountain Lake is a well-located asset immersed in an upscale residential area situated between Emory/CDC Clifton Corridor and Stone Mountain. Mountain Lake also benefits from its local submarket employment base anchored by the Tucker-Stone Mountain industrial and business district and the DeKalb Medical Center. Built in 1970, Mountain Lake represents an outstanding opportunity to invest in a solid-performing asset with a market-supported value-add.

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Mountain Lake
284 Units
1401 North Hairston Road
Stone Mountain, GA  30083
Type: Conventional
Closed: 6/30/2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit The Columns at Killian Hill apartment community located in Snellville, Gwinnett, GA. This asset is situated in the high barriers-to-entry South Gwinnett submarket and has only two true competitors. Built in 1987 (Phase I - 40 units) and 1997 (Phase II - 216 units), The Columns at Killian Hill is an institutional grade asset with strong recent financial history, excellent surrounding demographic support, and a proven value-add program. Additionally, the subject’s location offers ease of connectivity to many of metro Atlanta’s major employment and education hubs.

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The Columns at Killian Hill
256 Units
2300 Country Walk
Snellville, GA  30039
Type: Conventional
Closed: 6/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 247-unit, 1986-built W Flats apartment community located in Charlotte’s next transit-oriented community. W Flats features a proven value-add opportunity with 85% of the units remaining - offering annual upside of $250,000. The property is also a recipient of a new $1.3 million capex infusion that included a complete exterior and amenity overhaul. The property is uniquely positioned along Charlotte’s next light rail route which will provide direct access to Uptown Charlotte - the largest employment node in the region with over 100,000 jobs.
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W Flats
247 Units
7200 Wallace Road
Charlotte, NC  28212
Type: Conventional
Closed: 6/30/2017