Site Tours: August 3, 2005 August 9, 2005 August 16, 2005
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Mississippi Portfolio
525 Units
Gulfport-Biloxi-Hattiesbur, MS
$14,000,000 or $129,629/unit
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Montcalm Estates
108 Units
525 Lexington Pkwy S
St. Paul, MN  55116
Type:  Multifamily
Sold
Monte Vista
207 Units
La Verne, CA
Sold
Montego
   
1200 Montego Way
Walnut Creek, CA
Sold
Montelano
432 Units
8330 North 19th Avenue
Phoenix, AZ  85021
Sold
Mountain Ranch
262 Units
San Diego, CA
Cushman & Wakefield of Colorado, Inc. is pleased to announce the opportunity to purchase Mountain View apartment community in Colorado Springs. Mountain View is a 252 unit apartment community featuring spacious units with an average size of 724 sf and four floor plans to choose from. Individual unit amenities include large exterior patios, side-by-side or stackable GE washer/dryers, fully equipped GE kitchens, and spacious closets. The community features a sand volleyball court, hot tub, sauna, indoor/outdoor pool, bbq area, and a clubhouse with a coffee bar. Mountain View also resides in Cheyenne District 2 which is consistently one of Colorado Springs top performing school districts. Situated just west of I-25 in the Southwest submarket of Colorado Springs, Mountain View lies in the country’s 3rd “Best city to Live” according to Fortune/CNN Money Magazine and is home to many recreational activities. Residents can enjoy easy access to the Garden of the Gods, Pike’s Peak (the inspiration for America the Beautiful), world-class skiing, gold medal fly fishing, hiking, biking and kayaking, all within a short drive. It is also located within walking distance to Cheyenne Mountain Resort. Colorado Springs also has the presence of over 25 Fortune 500 companies which has recently resulted in a number of large business expansions/relocations including Atmel Corporation, CSAA (California State Automobile Association), Cook Communication, Focus on the Family, Ford Credit Regional Service Center, Hewlett Packard, Oracle Corporation, Progressive Insurance, Quantum Corporation, T-Mobile USA Inc., T.Rowe Price Associates Inc., and Verizon Business. Mountain View sits at the front gate of Fort Carson and according to the Fort Carson Regional Growth Coordination Plan between January 2009 and August 2012 roughly 11,500 troops will be re-stationed to Fort Carson with a total increase in population estimated at 29,000. By mid-summer Fort Carson is expected to receive the first wave of 6,500 troops being re-stationed and an estimated 10,000 family members. Please contact Pat Stucker or Mark Favro at 303-813-6400 for more information or to setup a property tour.
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Mountain View
252 Units
4085 Westmeadow Drive
Colorado Springs, CO  80906
Type:  Multifamily
Sold
Mountain Vista Apartments
178 Units
3950 Mountain Vista St.
Las Vegas, NV  89121
Sold
Newell Promenade
   
1560 Newell Avenue
Walnut Creek, CA
Type:  Multifamily

Cushman & Wakefield has been retained as exclusive advisor and agent by the owner to offer for sale the Capital Properties DC Multifamily Portfolio (the "Portfolio" or the "Properties"), an unprecedented 1,400 unit apartment portfolio in the DC Metro area. Consisting of four properties - Vaughan Place (Washington, DC), Huntington Gateway (Alexandria, VA), the Residences at Capital Crescent Trail (Bethesda, MD), and North Park Apartments (Chevy Chase, MD) - the Portfolio offers investors immense scale in these infill locations with additional embedded upside. Built between 1973 and 2002, the Properties present a variety of renovation opportunities while all holding significant rent deltas with the top of their respective competitive sets. The Portfolio is well positioned to take advantage of stable apartment fundamentals stemming from attractive future growth in the DC region. The Properties all have dynamic connectivity to core economic drivers like the federal government, a robust biosciences sector, and Amazon HQ2, which position the DC region as an outperformer moving forward compared to similar metros. This Offering provides investors with the unique opportunity to acquire significant scale in this safe-haven market with attractive organic economic growth prospects and embedded value-add upside. The Portfolio is offered as a 100% fee simple interest or as a recapitalization opportunity with the sponsor, Capital Properties. Offers on the entire portfolio or on individual assets will be entertained.

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Capital Properties Portfolio (4 properties, 1,400 units)
North Park Avenue
310 Units
4615 N Park Av
Chevy Chase, MD  20815
Sold
Northern Star Apartments
36 Units
800 26th St NW
Bemidji, MN  56601
For more information about this property please contact Jorge Rosa or Anthony (TJ) Liberto.
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Northview Apartments
132 Units
411-515 Yorkshire St
Salem, VA 24153, VA  24153
Type:  Multifamily
Cushman & Wakefield is pleased to present Kenilworth at Hazelwood & Windridge and Northwood Ridge, a rare opportunity to acquire a premier value-add portfolio in dynamic locations within the city of Baltimore, MD. Both Properties continue to attract residents due to their unique combination of proximity to strong and growing employment nodes, convenient regional connectivity and relative affordability within the MSA. This renter demand is filtering into incredible Property level operations with rent growth of over 4.0% at both communities over the past 12-months and average annual rent growth of 4.0% since 2017. New investors will be able to generate additional value through in-unit renovations that are being proven out at the Properties and in the broader submarket. Expansion of the current renovation package to include full vinyl wood flooring, granite countertops, in-unit washers and dryers and more will generate additional premiums and create a differentiating factor between the Properties and the competitive set. Upon full renovation, operations will continue to exceed the greater market as the Properties are well positioned to capture a large portion of pent up renter demand for rare premium workforce housing.
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Kenilworth at Hazelwood & Northwood Ridge (2 properties, 595 units)
Northwood Ridge
250 Units
1177 or 1179 Kitmore Road
Baltimore, MD  21239
Sold
Nueva Vista
72 Units
9423 N. 17th Ave.
Phoenix, AZ  85021
Type:  Multifamily
Sold
Nulu Development Site
260 Units
Louisville, KY  40206
Sold
NW 164th and Portland Land
9 Acres
NW 164th and Portland Ave
Edmond, OK  73013
Type:  Land
Sold
Oakley Yard
30.8 Acres
2950 Robertson Ave
Cincinnati, OH  45209
Type:  Land
Sold
Oakwood Bellevue
191 Units
Bellevue, WA

Cushman & Wakefield as exclusive marketing advisor, is pleased to present the opportunity to acquire Olive Glen 154 out of 276 units in Pompano Beach. Built in 1979, the property is situated on +/- 20 acres just west of I-95 and walking distance to the Pompano Beach Tri-Rail Station.

The 154-units include 5 studios; 90 one bedrooms and 59 two bedroom units. Of the 154 units 104 are located in two story garden units and 50 are located in one-story, villa fourplexes. The units are 100% occupied with almost $1.9 million in current effective income. The units offer significant upside potential. The average in place rent is $984 per unit. Improved surrounding communities such as Pompano Palms and Windsor Forest are achieving rents of $200-$300 higher per month. The Condo Association has over $450,000 in reserves. The owner of the 154-units has 2 out of the 3 Condo Association board seats that can be transferred to a new owner.

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Olive Glen
154 Units
3102 NW 3rd Avenue
Pompano Beach, FL  33064
Sold
On the Green at Northshore
545 Units
Tacoma, WA
Sold
Orchidtree
278 Units
6801 East Camelback Road
Scottsdale, AZ  85251
Sold
Oswego Pointe
422 Units
Lake Oswego, OR
Sold
Overlook at Clifton
151 Units
700-714 Riddle Rd
Cincinnati, OH  45220
Type:  Multifamily
Please print, fill out and sign the Confidentiality Agreement. Return the CA to Liz Oberndorfer via scan to liz.oberndorfer@cushwake.com or by fax to (813) 221-9166.
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Palm Cove of Bradenton
352 Units
4550 47th Street West
Bradenton, FL  34210