The Property is being offered for sale in conjunction with our partners at Ten-X

The Cushman Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of 8517 Loch Raven Boulevard located in Towson, MD. The First Two Floors total 4,500 square feet, while the top floor is approximately 2,000 square feet. The first and second floors are primarily medical and office suites, while the basement has a laboratory and medical device manufacturing capabilities. Prior to Maryland Orthotics and Prosthetics, the basement was subdivided into individual offices. The Property was last occupied by Maryland Prosthetics and Orthotics, and prior to their tenure, MONY Life Insurance Company of America. 8517 Loch Raven Boulevard is viable for several uses including office, medical office, and or even a dispensary. Within a 5-mile radius of the Property, the average household income is $102,221, 15 % higher than the Maryland Average, and 70% of residents in the same radius hold a greater than a high school level of education, 8% higher than the Maryland Average.

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8517 Loch Raven Boulevard
   
8517 Loch Raven Boulevard
Towson, MD  21286
Closed: 5/12/2022

Cushman & Wakefield is pleased to present the exclusive listing of Sunset Marina, the newest waterfront Class-A rental community in the Florida Keys and the only waterfront multifamily rental in Key West. A shortage of rental supply, limited land and limitations on new residential development make the Florida Keys one of the most supply constrained markets in the U.S. Sunset Marina is ideally situated with over 950 feet of direct water frontage on Stock Island in Key West.

The property features 60 spacious townhome units that average 800 square feet. All units are two bedroom/two bathrooms. The property is 100% occupied with average market rents of $3,084 per unit. The property includes 23 market rate units and 37 workforce units. The majority (30 out of 37 units of the workforce units) allow to be rented at 140% of AMI as of today which equates to $3,206 per unit. Adjacent to the property is Sunset Marina a 165-slip marina which is not part of the offering. Out of 60 units, the 52 (87%) have direct water frontage whereas the remaining 8 units have partial water views.

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Sunset Marina
60 Units
5555 College Road
Key West, FL  33040
Closed: 5/9/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 127-unit Latitude 30 apartment community located in Baton Rouge, East Baton Rouge Parish, Louisiana. This asset is located just steps from Louisiana State University, Baton Rouge’s largest employer, as well as other major employers including Baton Rouge’s Medical Corridor and L’Auberge Casino and Hotel. The property is also surrounded by nearly 3M SF of retail. Latitude 30 provides substantial upside through the potential to renovate all units to an elite finish level and significantly push rents. Built in 1972, Latitude 30 offers an outstanding opportunity to invest in a textbook value-add asset surrounded by top employers and retail.
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Latitude 30
127 Units
4548 Tigerland Avenue
Baton Rouge, LA  70820
Closed: 5/6/2022

1990's Built & Prime for Upgrades

Center Point is a sought-after 1990's built asset with largely original finishes. This well-maintained property is primed for upgrades, and by completing unit and common area upgrades, rents can be raised by $75-$225.

Access to the City's best Amenities

The westside location of Center Point offers easy access to the interstate allowing residents to be downtown, to the award-winning Indianapolis International Airport, the Indianapolis Speedway or Eagle Creek Park in just minutes.

Vibrant & Growing West Side Employment

Center Point is located on the westside of Indianapolis adjacent to Hendricks Co. The property offers residents a location that is close to an abundance of high-wage employment as well as easy access to the northwest side and downtown employment corridors.

Custom Features & Sought After Amenities

The unit features and full amenity set at Center Point are unmatched in the market. 100% of the units have washer/dryer connections. Units also have abundant natural light, crown molding, 9’ ceilings and direct access garages are available.

Purchase Individually or 836 Unit Portfolio

Center Point can be purchased with Residence at White River (228 units) and Steeplechase at Shiloh (264 units) for a total portfolio of 836 units, offering immediate presence and economies of scale. The properties may also be purchased individually.

Steeplechase at Shiloh Crossing CA

Residence at White River CA

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Center Point
344 Units
6710 Hollow Run Circle
Indianapolis, IN  46214
Type:  Multifamily
Closed: 5/4/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 22-acre, Reserve at Battery Creek Land site located in the rapidly-expanding Beaufort, SC. With the potential to build medium density residential in an unmatched location, future residents will consider this site as an opportunity to enjoy waterfront views of Battery Creek with dock access at a discount to home ownership. The Hilton Head-Bluffton-Beaufort market is seen as an attractive destination for residents fleeing larger U.S. cities with dense infrastructures, migrating towards coastal markets. These trends, which were only amplified by the pandemic, explain the market’s population surge of 58% since 2000, all while experiencing consistently strong rent growth. The property has a dock permit with a total of 192 feet of boat mooring length, making this the only multifamily site in Beaufort County that is approved for a boat dock on deep water. With site plans and permits approved, along with resubmission plans nearing the finish line, The Reserve at Battery Creek Land site offers developers a chance to takeover an opportunity with much of the heavy lifting out of the way.
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Reserve at Battery Creek Land
22 Acres
45 Belleview Bluff
Beaufort, SC  29902
Type:  Land
Closed: 5/4/2022

1990s built Property with Upside

Residences at White River is a sought-after 1990's built asset with largely original finishes. This well-maintained property is ready for upgrades, and by completing unit and common area upgrades, rents can be raised by an average of $140.

Proximity to Prominent Universities

The property is located within walking distance of Marian University (+/-2,200 students) and just 1 mile to Bulter University (+/-4,500 students).

Easy Access to Downtown & Amenities

The Residences of White River location allows quick access to downtown, which offers vast employment, restaurants and entertainment. Residents also enjoy access just 3 blocks away to Riverside Park and the Wapahani Trail.

Near High Value homes

Residences at White River is located immediately adjacent to the high-end Wynnedale neighborhood with home values up to $750,000. The average household incomes within one mile are over $80,000.

Best-in-class features

The unit features and full amenity set at Residences at White River are sought-after in the market. 100% of the units have washer/dryer connections. Units also have abundant natural light, open floorplans and garages available.

Potential 836 Unit Portfolio

Residences at White River can be purchased with Center Point (344 units) and Steeplechase at Shiloh (264 units) for a total portfolio of 836 units, offering immediate presence and economies of scale. The properties may also be purchased individually.

Center Point CA

Steeplechase at Shiloh Crossing CA

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Residence at White River
228 Units
3861 Gable Lane Drive
Indianapolis, IN  46228
Closed: 5/4/2022

Sought After Indy Suburb - Avon

Ranked by Money Magazine as one of the nation’s best places to live, Avon provides all the advantages of Indy with desirable neighborhoods, top-rated schools, and extensive recreational opportunities.

15% Organic Rent Growth & 97% Occupancy

Steeplechase at Shiloh Crossing has performed extremely well with a history of 97%+ occupancy. Furthermore, new leases demonstrate average rent growth of 15%. This is organic rent growth not accomplished through unit upgrades.

Blank Slate for Upgrades

This well-maintained property offers primarily classic unit finishes offering potential for revenue growth. By completing both unit and common area upgrades, rents can be increased by $200-$260+.

Near Abundant Employment

Steeplechase at Shiloh Crossing is located in Hendricks County which offers an abundance of high-wage employment as well as easy access to the northwest side and downtown Indianapolis employment corridors.

Purchase Individually or 836 Unit Portfolio

Steeplechase at Shiloh can be purchased with Center Point (344 units) and Residences at White River (264 units) for a total portfolio of 836 units, offering immediate presence and economies of scale. The properties may also be purchased individually.

Center Point CA

Residence at White River CA

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Steeplechase at Shiloh Crossing
264 Units
10272 Steeplechase Drive
Avon, IN  46123
Closed: 5/4/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 169-unit The Willows apartment community located in the highly sought-after Hoover suburb of Birmingham, AL. Hoover features state-ranked schools (#5) and heavily restricts new multifamily developments. This asset offers an outstanding location for tenants as it is minutes from 10,000+ jobs and 5.5M square feet of quality retail amenities. Built in 1973, The Willows represents an outstanding opportunity to invest in a value add asset in a booming submarket.
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The Willows
169 Units
3565 Lorna Road
Hoover, AL  35216
Type:  Multifamily
Closed: 5/4/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 40-unit Robertsdale Village apartment community located in Robertsdale, AL. The asset is well-located in Baldwin County, the 7th fastest growing county in the US and 1st in the state. Originally built as a LIHTC community, Robertsdale Village has completed the QC period and is currently in the 3-year decontrol period, allowing the next investor to begin converting to market-rate and bridging a $400+ rent gap to nearby comps. Built in 1996 with quality brick construction, Robertsdale Village offers an outstanding opportunity to invest in a quality, value add asset poised to generate higher returns amidst Baldwin County’s continued growth.
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Robertsdale Village
40 Units
22625 Mattingly Street
Robertsdale, AL  36567
Closed: 4/29/2022
Cushman & Wakefield is pleased to present for sale, Sawyer & Huck, a 49-unit luxury Multifamily development in the St. Anthony West area of the trendy Northeast Minneapolis Neighborhood.

Recently completed in June 2021, Sawyer & Huck offers residents access to a best-in-class amenity package and high-end finishes throughout the property. The property opened at 50% pre-leased and currently sits at 100% occupied, which is a true testament to the unrivaled design and location of the asset.

Located on a quaint street in St. Anthony West/Northeast Minneapolis, Sawyer & Huck offers direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

Sawyer & Huck is a unique opportunity to acquire a newly constructed, best-in-class Multifamily asset in a desirable community whose construction quality and level of finishes will stand the test of time.

In addition to the stabilized asset, an investor has the opportunity to purchase the fully-entitled, 84-unit multifamily development site adjacent to Sawyer & Huck. The 27,439-square-foot site is located on two adjacent parcels directly next door to Sawyer & Huck. The fully-approved project is primed and ready to begin construction in March 2022 with a delivery in Spring 2023. Please see the Offering Memorandum Supplement for details.

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Sawyer & Huck
49 Units
338 NE 2nd Street
Minneapolis, MN  55413
Closed: 4/22/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 208-unit Waters Edge apartment community located in Sandy Springs, Fulton County, GA. This asset is situated in one of Atlanta's largest office markets, with over 5.9M SF of office space within a 3-mile radius. Sandy Springs boasts an affluent demographic profile with high household incomes and white collar employment. Due to the surge in population, paired with the rise in suburban popularity, the Sandy Springs submarket has experienced consistent rent growth. Built in 1972, the property has undergone major renovations with current ownership spending $4.7M on upgrades. With high barriers to entry in the submarket and minimal affordable housing availability, Waters Edge represents an outstanding opportunity to invest in a well maintained, fully renovated asset, in a highly demanded submarket.
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Waters Edge
208 Units
8601 Roberts Drive
Sandy Springs, GA  30350
Type:  Multifamily
Closed: 4/22/2022
For more information about this property please contact Jorge Rosa or Anthony (TJ) Liberto.
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Jefferson Square at Washington Hill
304 Units
101 N Wolfe Street
Baltimore, MD  21231
Type:  Multifamily
Closed: 4/21/2022
Cushman & Wakefield is pleased to offer 77+ gross acres zoned to permit up to 400 townhomes and 106,000+ square feet of service-ready/commercial uses. Part of the state-of-the-art Connected City master planned community, the property is immediately adjacent to Epperson, a rapidly expanding residential development best known for its 7-acre crystal lagoon and desirable, single family communities.
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Wesley Chapel Land
77 Acres
North side of Elam Road
Wesley Chapel, FL  33545
Type:  Land
Closed: 4/21/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 287-unit Camelot apartment community located in Jackson, Mississippi. The asset is situated in west Jackson with close proximity to interstates 220 and 20 with easy access to the entire Jackson MSA (296K+ jobs). The property recently delivered 44 units that were previously down thus offering new ownership the opportunity to boost NRI $300K+ via stabilization. Offered at a very attractive basis, Camelot represents a great opportunity to acquire a well-positioned asset with value-add upside.
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Camelot
287 Units
2840 Robinson Road
Jackson, MS  39209
Type:  Multifamily
Closed: 4/20/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Mock Judson Mill, a Historic Rehabilitation project in Greensboro, NC. The building has been vacant since 1997 and was placed on the National Register of Historic Places in 2011. The proposed project will consist of 173 units with diverse floorplans, high end finishes, and a multitude of excellent community amenities. Mock Judson Mill is located in a top submarket projected to see 4.4% YoY rent growth through 2025. Furthermore, incoming ownership can capitalize on the North Carolina State Mill Rehabilitation Tax Credits which brings in state and municipal support to execute the project.
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Mock Judson Mill
173 Units
2610 Oakland Avenue
Greensboro, NC  27403
Closed: 4/20/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Estelle, a 280-unit, 2021-built apartment community located in Birmingham, AL. The property is situated in Midtown Birmingham which has experienced 34% rent growth among class A & B properties in the last 5 years, offers residents quick and convenient access to Samford University (5,729 students), the University of Alabama at Birmingham (UAB) and its 45K+ combined jobs and students, and the top Hospitals and employment drivers in the MSA. Estelle is now 96%+ occupied following a tremendous leasing season that averaged 53 units/month velocity from May-August 2021. The property boasts unmatched amenities and finishes in the marketplace and has maintained excellent rental growth throughout lease-up offering the next investor substantial value add upside by pushing 2nd generation leases.
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Estelle
280 Units
100 Wildwood Court
Birmingham, AL  35209
Type:  Multifamily
Closed: 4/18/2022

Cushman & Wakefield has been exclusively engaged to arrange the sale of the Owner’s 100 percent fee simple interest in The Village at Crescent Park (the "Property"), a fully entitled, 14.48-acre multifamily development site located in Orlando, Florida. The approved site plan proposes a garden-style, four-story, 254-unit development, complete with dedicated leasing center, clubhouse, resort-style pool, fire pit & lounging area, playground, and pet park among other amenities. Situated just north of Orlando International Airport and State Road 528, the Property offers resident’s convenient access to the metro’s major employment hubs, as well as robust retail offerings in immediate proximity.

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The Village at Crescent Park (Proposed)
254 Units
Conway Road
Orlando, FL  32812
Closed: 4/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Buccaneer Trace, a 228-unit, 1986/2015 built apartment community located in the highly desirable Wilmington Island submarket of Savannah with top demographics and extremely high barriers to entry. Buccaneer Trace represents an outstanding opportunity to invest in a proven value-add asset with astonishing property performance. The property benefits from the flourishing migration to coastal markets and the explosive growth of the Savannah economy. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further propelling Savannah’s incredible development and job growth.
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Buccaneer Trace
228 Units
55 East Deerwood Road
Savannah, GA  31410
Type:  Multifamily
Closed: 4/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 160-unit City Heights Hoover apartment community located in the highly desirable Hoover suburb in Birmingham, AL. Hoover features state ranked schools (#5) and heavily restricts new multifamily developments. The asset offers an outstanding location for tenants as it is minutes from 10,000+ jobs and 5.5M square feet of quality retail amenities. Built in 1975 and trailing its comparable set by $200+ in effective rents, City Heights Hoover presents the next investor the opportunity to inject fresh capital into the property and substantially boost rents.
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City Heights Hoover
160 Units
2071 Alpine Village
Birmingham, AL  35216
Type:  Multifamily
Closed: 4/14/2022

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group was pleased to represent our client, in securing acquisition construction financing for The Fremont Apartments. Our team worked on behalf of the sponor to place new debt in partnership with a local community bank

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Fremont Apartments
12 Units
714-716 N. Fremont Street
Baltimore, MD  21217
Closed: 4/12/2022
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The Esquire
13 Units
1706 11th Street
Sacramento, CA  95811
Type:  Multifamily
Closed: 4/8/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 124-unit Spires of Sherwood apartment community located in East Baton Rouge Parish, Baton Rouge, LA. This asset is situated in the desirable Sherwood Forest neighborhood with a host of single family homes and commercial and retail developments surrounding the property. Located just off of I-12, residents have access to the majority of Baton Rouge’s top employers. Amazon is building a new Fulfillment Center 4 miles from the property that will create over 1,000 jobs. Built in 1974, Spires of Sherwood offers an outstanding opportunity to invest in a value-add potential in the East Baton Rouge parish, where demand for multifamily housing is rapidly outpacing supply.
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Spires of Sherwood
124 Units
11888 Old Hammond Highway
Baton Rouge, LA  70816
Type:  Multifamily
Closed: 4/7/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 40-unit Westminster located in Macon, Bibb County, GA. This asset is situated in the strategically-located area of West Macon, moments from strong retail and education in Sam's Club, Best Buy, Kroger, The Home Depot and Middle Georgia State University. Built in 1972, Westminster offers an outstanding prospect to invest with proven value-add in a thriving market. Additionally, current ownership has invested nearly $250k of CapEx (roofs, parking lot, HVAC, etc.) allowing for the focus to be on operations starting day 1.
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Westminster
40 Units
1655 N Atwood Drive
Macon, GA  31204
Closed: 4/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the West Greensboro Portfolio, 370 units across two adjacent properties, The Cypress and The Willow, located in Greensboro, NC. The portfolio is strategically located in the rapidly-expanding West Greensboro submarket, where home values and household income growth are on the rise. Residents enjoy easy access to two of the state’s major interstates which connect them to top notch retail and dining as well as to the Triad’s major employers. Late 1980s vintage, the portfolio offers an outstanding opportunity to invest in a booming area and complete a proven value-add program with additional Other Income upside that can generate an additional $404k in revenue and improve portfolio NOI by 18%.
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West Greensboro Portfolio (2 properties, 380 units)
The Cypress
244 Units
1 Aspen Drive
Greensboro, NC  27409
Type:  Multifamily
Closed: 4/1/2022