Located in northern Arizona and nestled at the base of the San Francisco Peaks, Rock Ridge Apartments is a garden-style apartment community in Flagstaff, Arizona. This large multifamily property was constructed in 1984 and is comprised of spacious 1 bedroom (40%) and 2 bedroom (60%) units. Each unit has a washer and dryer hookup, individual heating and cooling, wood-style flooring, and abundant off-street parking. Located 5 miles east of the junction of I-40, I-17 and Northern Arizona University, the property is easily accessible to major transportation arteries and just minutes away from numerous employment opportunities, retail amenities, and ample outdoor recreation.

Cushman & Wakefield is pleased to present the opportunity to acquire the Roseland & Frost Collection, a six building 23 unit residential portfolio ideally located in Porter Square in the heart of Cambridge, Massachusetts. The portfolio totals 42,027 GSF and 23 units. The properties vary from a single-family home to an 8-unit apartment building. Across the six properties is a total of 1.02 acres of land.

The buildings in the Roseland & Frost Collection are situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Frost Street and Roseland Street, the buildings are within a 10-minute walk of the Porter Square MBTA Red Line station, as well as the campuses of Harvard and Lesley University.

Process & Pricing

The Roseland & Frost Collection is offered on an “as-is” basis and without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.

Investors are invited to submit bids for the Roseland & Frost Collection as a single portfolio, sub-portfolios or individual properties.

- 8% In-Place Cap Rate. - Great investment opportunity with immediate cash flow, also primed for an owner occupant. - Properties are also available to be purchased individually. Royal Crest Portfolio is an exciting opportunity comprised of 12 units located in the Southwest submarket of Pueblo, CO. The properties offer spacious, townhome style 2-bedroom, 1 ½-bathroom apartment homes with private patios and off-street parking. The properties benefit from its close proximity to several employers including Wal-Mart, Starbucks, Verizon, Discount Tire and various dining & retail. Additionally, the properties are adjacent to nearby parks and suburban neighborhoods such as Kaden C Burger Sports Complex, Pueblo South Football Field & Lehigh Park allow new coming residence to feel right at home. Royal Crest Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Pueblo market. The attractiveness of these assets is magnified by the limited number of performing properties available in this market. Recent Renovations: Roughly 75% of the units at Royal Crest Apartments have undergone recent renovations. Updates include new LVP flooring and fresh paint throughout. Several units have received new bathroom vanities, tile tub surrounds and updated lighting. These improvements not only increase rental rates and tenant satisfaction but also contribute to the property’s longterm value. Turn-key Investment: Current management has positioned these properties with great in-place rents, immediate cash flow and predictable returns. Tenants are responsible for all utilities including water, sewer and trash affording the owner net-zero utility expense. Investors have the opportunity to take advantage of current management offering to stay in-place for a highly competitive fee of 5%.

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Royal Oaks Townhomes (the “Property”) – a 69-unit, luxury townhome community located in Hollywood, Florida. Completed in 2009, Royal Oaks offers the rare opportunity to acquire a boutique, luxury townhome community without any HOA obligations. The property is 97% occupied and offers oversized three-bedroom, two and one-half bathroom floor plans with 1,695 square feet of living space in two levels (excluding garage space). All of the residences include a private direct access garage, terraces and balconies accented by decorative wrought iron railings, and a semi private back yard. Market rents are $2,490 or $2,061,000 per year.

Royal Oaks Townhomes was originally designed as a “for sale” townhome community but no units were ever sold and the community has been operated as a luxury rental since it was completed. All interiors are luxuriously appointed with features and finishes one would expect to find in high end custom homes. Tenants within Royal Oaks average over $90,000 in household income, which is over three times the market rent. The property is adjacent to Emerald Hills which has homes selling for as high as $3 Million.

Royal Oaks Townhomes is located on the south side of Stirling Road approximately half mile west of Interstate 95 and about three miles east of the Florida’s Turnpike. In addition the property is equally 1 mile from South Florida’s expanding Tri-Rail two stations, Fort Lauderdale Airport Station to the north and Sheridan Station to the South. With a new link to downtown Miami coming online later in 2019, the railway will improve connectivity for residents and establish the community as a true rental alternative to downtown Miami’s high rent apartments.

$1,100,000

Cushman & Wakefield of Colorado is pleased to announce the exclusive listing of Sommerset Gardens, a 420-unit garden-style apartment community located in Aurora, Colorado. Sommerset Gardens is located near the intersection of Mississippi Avenue and Interstate 225, giving residents immediate access to Aurora’s best employment centers, retail and entertainment amenities. Close proximity to I-225 also provides residents with easy access to the entire metropolitan region including Denver International Airport and the Denver Tech Center. Originally built between 1981 and 1983, the property previously underwent a $4 million renovation, completing much of the required ‘heavy lifting’. Potential investors will have the opportunity to complete additional upgrades to enhance revenue potential.

Cushman & Wakefield is pleased to present for sale, Sommerset Place Apartments, a 36-unit value-add opportunity in a tranquil pocket of Brooklyn Center, just off Highway 100 and next to Centerbrook Golf Course.

The property is located in a quiet residential neighborhood on the South side of Lions Park and steps from Shingle Creek and the Shingle Creek Regional Trail. Sommerset Place is also conveniently located minutes from Target, Walmart Super Center, Cub Foods, CVS Pharmacy, LA Fitness and numerous national and local restaurants. The property is just 10 minutes north of downtown Minneapolis and five minutes from both Brooklyn Center High School and Middle School.

Sommerset Place is a true value-add opportunity with legitimate immediate upside. The unit-mix is predominantly 2-Bedroom units and the average in-place rent is roughly $885/Month. Comparable properties in the submarket are renting 2-Bedroom units for $1,100/Month (see rent comps on Page 37 of OM), which is achievable at Sommerset Place by implementing a light in-unit renovation plan. The current vacancy rate in the city of Brooklyn Center is just 2.0% and the area is in high demand given its close proximity to downtown Minneapolis and other local attractions.

Sommerset Place is offered free and clear of existing financing and tours will begin the week of September 5th, 2018. Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.

Please click here to Sign the Confidentiality Agreement.

Cushman & Wakefield has been exclusively retained to offer SouthSide Works City Apartments, located at 2626 South Tunnel Blvd in Pittsburgh, PA (the "Property"). The Property is a 264-unit, 6-story Class A, luxury building located in the heart of SouthSide Works which is one of the most sought-after neighborhoods in Pittsburgh boasting a live, work & play environment. Recently constructed in 2016, the property offers easy access to the region’s top educational institutions, such as Carnegie Mellon University, the University of Pittsburgh and Duquesne University and is a hub for advanced robotics, engineering, major corporate employers. The property boasts open floor plans, floor-to-ceiling windows, a top-of-the-line finish package including contemporary kitchens, bathrooms and fixtures. There is a 24/7 maintenance service as well as incredible community amenities, indoor/outdoor heated pool and spa, zen garden, indoor/outdoor movie theater, fitness center and clubroom.