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.

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.

Electronically sign the Confidentiality Agreement to gain access to the online package. Site Tours: August 15, 22 & 29, 2006 Offers Due: Thursday, August 31, 2006 Call Jim Jarrell 404-853-5275 or Steve Griffin 404-853-5261 to discuss/schedule tour.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Carver Landing, a newly constructed, 34-unit townhome community in Plymouth, Massachusetts. The property is located at 32-98 Paul Francis Way and features luxury townhouses with private yards and separate entrances. Each unit is enhanced with stainless steel appliances, luxury plank flooring and quartz counters as well as in-unit laundry.

Investment Highlights

New Construction Featuring Large Townhomes- Carver Landing features thirty-four luxury townhomes with separate entry and yards. In the post-COVID-19 world, many tenants are seeking this style of living communities. Private yards allow residents to entertain and enjoy their own space outdoors during a time that people are working and spending more time at home. These townhomes provide the amenities of a house with the ease of renting.

100% Leased-Prior to certificate of occupancy, all thirty-four of Carver Landing’s townhomes were leased. There is currently a waiting list at an effective rent of $2,250 with no concessions offered. Carver Landing’s luxury living experience is in high demand as more people are seeking larger, private spaces with quality amenities.

Historical New England Town- Known as "America’s Hometown", Plymouth, MA is a quintessential New England town with its historical architecture and expansive ocean views. Residents of Carver Landing are located less than 5.0 miles from the ocean and are just 3.0 miles from Plymouth’s town center, which is home to numerous museums, shops, pubs, fine restaurants, and entertainment. Additionally, Carver Landing is only a five-minute drive off Route-3 (exit 5) providing residents easy access to Boston, Cape Cod, and everything in-between.

Execeptional Demographics & Strong Fundamentals- Plymouth and the area surrounding the property benefit from strong underlying demographics, including an average household income of $134,500 and median home value of $406,500 within one mile of the Property. In addition, according to Axiometrics, Inc., the Plymouth County submarket has experienced strong rent growth at an average of +4.5% annually over the last five years. Looking forward, rents throughout the submarket are expected to continue to grow at an average of +3.6% annually over the next five years.

Carver Landing is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

Centerra is a 202-unit, garden-style apartment community located near Frank Lloyd Wright Boulevard and Shea Boulevard in Scottsdale, Arizona. This location offers residents easy access to employment, high-end shopping, outstanding dining experiences, nightlife and recreation in Scottsdale. The property has been renovated, with all 202 units upgraded.

An Albertsons grocery store is immediately north of the property and a Safeway grocery story is to the west, both within walking distance. Cholla Park and Ancala Country Club are minutes away, as well as dining options such as The Americano, Rosati’s Pizza, Cold Beers & Cheeseburgers, Vito’s Italian Ristorante, First Watch and Blue Adobe Santa Fe Grill. Scottsdale Fashion Square, Kierland Commons, Scottsdale Quarter, Paradise Valley Mall and High Street are all within a short drive of Centerra.

Centerra offers residents two resort-style pools and spas, fire pit with surround seating, barbecue/picnic area, newly designed fitness center with free weights, off-leash dog park and covered parking.

Interior amenities include washers/dryers, Whirlpool stainless steel appliances, microwaves, granite countertops in kitchens, new cabinets in kitchens and baths, walk-in closets, wood-style flooring, window coverings, extra storage, carpeting, and private patios/balconies. Ceiling fans and wood burning fireplaces are offered in select units.

All 202 of the unit interiors have been recently upgraded and a significant portion of the exterior and common areas have been upgraded. Please see pages 10-11 for a list of the recently completed upgrades and enhancements.

CLOSED 3/31/2016

Cushman & Wakefield/NorthMarq is pleased to present Century Commons, a premier value-add investment opportunity. The property offers 153 student bedrooms (39 units) directly adjacent to Century College, Minnesota’s largest two-year community and technical college (11,000 students). Investors are offered the opportunity to acquire a strategically located, well-maintained student housing property with substantial value-add potential through kitchen renovations and light common area upgrades.

Century Commons provides students with a unique living environment that cannot be replicated in the marketplace. Furnished units are rented by-the-bedroom with lease structures catering to the academic calendar. Amenities appeal to the unique needs of students and include wireless internet, study lounge with computers and snack machines, controlled entry, video surveillance system and barbeque area.

Future ownership will be able to build on a multi-year year track record of NOI growth and benefit from a captive audience of student renters. Low long-term interest rates, continued rent growth and minimal ongoing capital requirements will make Century Commons a solid investment with strong cash-on-cash returns.

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 present a unique opportunity to obtain a ±4.10 net acre multifamily development site located at CityNorth within the Desert Ridge Master Plan, adjacent to High Street and Desert Ridge Marketplace, at the northwest corner of 56th Street and the 101 Freeway, in Phoenix, Arizona, known as CityNorth. CityNorth is currently walkable to over 50 restaurant concepts, and is planned to include over 2 million square feet of corporate office and 1,000 hotel rooms. Service completion at the infrastructure and start of the Sunela apartments, (The Phase 1 Multifamily development), multiple groups have committed projects-including (The Phase 2 Multifamily development), 3 restaurants, 2 hotels, Republic Services, 240,000 square foot headquartered with more in negotiations. Desert Ridge currently includes 20,000 existing homes, 3,000 additional homes under construction, 4,000 existing luxury multifamily units, 1,163 units currently under construction, resorts, restaurants and entertainment. Desert Ridge caters to over 1,317,898 daytime employees and 1,994,009 residents within a 30-minute drive time. The CityNorth office development will provide over 3,000 new jobs to the community.

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.