The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 323-unit Flats at Perimeter Place apartment community, which is situated in Atlanta’s largest employment nucleus - the rapidly expanding 135,000-job Central Perimeter corporate office/medical/retail district, which is home to the brand new State Farm and Mercedes-Benz corporate campuses. Flats at Perimeter is a rare Core+ opportunity boasting condo-quality epicore construction within an award winning, walkable mixed-use development. The proven in-place upgrade program can be elevated to position the property at the top of the market. Immersed in 4.5M SF of destination retail and coveted pedestrian MARTA access, the property is Central Perimeter’s most accessible and walkable community. With an affluent resident profile amidst a diminishing supply pipeline, Flats at Perimeter Place is uniquely positioned to capitalize on Atlanta’s most underserved Class A submarket.
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Flats at Perimeter Place
323 Units
60 Perimeter Center West
Dunwoody, GA  30346
Type: Conventional
Closed: 9/24/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 97-unit Beaucatcher Flats apartment community located in the white hot market of Asheville, NC. Serving as Urban Asheville’s premier upscale multifamily community, Beaucatcher Flats is located less than one mile from Downtown Asheville, and within walking distance to Western Carolina’s largest employer, Mission Health (12,000 total employees). The property is also situated at one of Asheville’s highest elevation points providing picturesque mountain views. Nearing completion of the initial lease-up, Beaucatcher Flats will deliver concession-free with the ability to push rents on 2nd generation leases and grow ancillary income from multiple sources.
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Beaucatcher Flats
97 Units
128 Florence Street
Asheville, NC  28801
Closed: 9/21/2018

Legacy at Prescott Lakes Luxury Apartment Community is a 150 unit Class "A" property located within the Prescott Lakes master planned community in Prescott, Arizona. Prescott Lakes is one of Prescott's premier master planned communities featuring an 18-hole championship golf course and 12 acres of lakes and open spaces.

Legacy at Prescott Lakes was designed and constructed by one of the nation’s premier multi family housing developers and features an attractive high-end architectural design. Residents of Legacy at Prescott Lakes are offered six distinctive one, two and three bedroom floor plans. Each floor plan features a washer and dryer, designer kitchens with self-cleaning ovens, dishwashers, frost-free refrigerators and microwaves, ceiling fans, walk-in closets, and patios or balconies with storage areas. Select floor plans also feature gas fireplaces, a private garage and views of the Granite Dells and Watson Lake. A significant number of units have been upgraded to include wood plank-style flooring, stainless-style or black appliances, new door hardware, along with new plumbing and light fixtures.

Also provided to residents of Legacy at Prescott Lakes is a heated pool and spa area, a fitness center, business center and a resident clubhouse. Legacy at Prescott Lakes combines an excellent location with superior architectural design and amenities to offer an exceptional investment opportunity.

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Legacy at Prescott Lakes
150 Units
1998 Prescott Lakes Parkway
Prescott, AZ  86301
Type: Conventional
Closed: 9/18/2018
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The Huntley
200 Units
100 Huntley Parkway
Pelham, AL  35124
Type: Conventional
Closed: 9/17/2018

The District at Mountain Vista is a 384-unit Class "A", garden-style luxury rental community located in East Mesa near the US-60 and 202 freeways, with easy access to restaurants, shopping, entertainment and recreation. Nearby amenities include highly ranked schools, medical centers, parks, movie theaters, golf courses and many shopping and dining options. The property’s location provides easy access to the US-60 and the 202 freeways, connecting residents to the rest of the Metro Phoenix area.

The District at Mountain Vista offers its residents a resort-style pool, spa, sundeck, poolside cafe tables and barbecue grills, clubhouse, resident business center with WiFi, fax and copier, fitness center, yoga studio, dog park, carports and detached garages, extra storage units and gated entry.

The District at Mountain Vista features a mix of one, two and three bedroom floor plans. The interior amenities offered residents include nine-foot ceilings, ceramic tile flooring, crown molding, faux granite countertops, double stainless steel sinks, breakfast bar, Whirlpool black dishwasher, built-in microwave, stove and refrigerator, walk-in closets, roman soaking tub in master bath, full-size washer/dryers and private patios/balconies. Select units offer a built-in computer niche, laundry room, and vanity seating and double sinks.

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The District at Mountain Vista
384 Units
1304 South 105th Place
Mesa, AZ  85209
Type: Conventional
Closed: 9/14/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Windward Forest apartment community located in Lithonia, DeKalb County, Georgia. Strategically positioned just one-half mile east of DeKalb Medical Hillandale, the asset is located just north of I-20 and proximate to large employers, equidistant between Snapfinger Industrial Park to the west, Stonecrest Mall to the east, and the Lithonia industrial corridor to the northeast. Built in 1972, Windward Forest offers an outstanding opportunity to invest in a well-located asset perfectly positioned for value-add returns.
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Windward Forest
216 Units
6250 Hillandale Drive
Lithonia, GA  30058
Type: Conventional
Closed: 9/14/2018
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1811 Woodside
11 Units
1811 Woodside Rd
Redwood City, CA  94061
Type: Conventional
Closed: 9/13/2018

Auburn Place is a 192-unit apartment community exceptionally well located on the south side of Indianapolis in the desirable suburb of Greenwood.

The community offers an attractive mix of 42 one-bedroom flats, 72 two-bedroom flats, 60 two-bedroom townhomes and 18 three-bedroom townhomes. The property’s 12 acres feature many mature trees and ample green space. Community amenities include a clubhouse/community center with 24-hour fitness center, a swimming pool and sundeck and playground.

Auburn Place is an extremely well-located community. Because of its proximity to Indianapolis and its excellent school system, Greenwood has experienced consistent population growth for many years. Auburn Place offers its residents close proximity to the south side’s best shopping and dining. Immediately northeast of Auburn Place is Simon’s Greenwood Park Mall, the second largest Indianapolis regional mall, containing 1.2 million SF. The Community Hospital South Campus, containing many additional specialty medical facilities, is just one mile from Auburn Place, and St. Francis Hospital is located just four miles northeast of the property. Traveling Downtown is quite convenient, as the property sits 11 miles directly south of the city’s center.

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Auburn Place
192 Units
745 Woodale Terrace
Greenwood, IN  46142
Type: Conventional
Closed: 9/13/2018
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The Moderne At Providence
300 Units
30 Gates Mill Street NW
Huntsville, AL  35806
Type: Conventional
Closed: 9/12/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire JOYA – a premier transit-oriented, 431-apartment home, 12-story asset located in Miami, Florida. With thoughtful unit layouts in a mix of flats and two-story townhomes, JOYA offers the largest floor plans in the market with an average unit size of 1,105 square feet. The property opened in February 2016 setting the standard for luxury apartment living while offering the most expansive amenities compared to its competitive set. Located within Dadeland, JOYA is less than five minutes from 1.5 million square feet of office and over 2 million square feet of retail. JOYA is also walkable to the Metrorail providing access to the other main employment corridors of Coral Gables, Downtown Miami and Miami’s Health District. Developed by nationally recognized Wood Partners, JOYA’s design elements and presence will stand the test of time.

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JOYA
431 Units
8150 SW 72nd Avenue
Miami, FL  33143
Closed: 9/11/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 44-unit Raleigh Court and Timberlake townhome communities located in Clarksville, Montgomery County, TN. These assets are part of the booming Clarksville MSA, one of the top metros for job growth in Middle Tennessee. Built in 1996, 1997, 1998 and 2006, Raleigh Court and Timberlake offer an outstanding opportunity to invest in fully occupied, cash flowing assets with significant upside. The assets’ positions just south of Interstate-24 offer residents access to all of Nashville’s major job hubs. With demand for proven value-add properties, Raleigh Court and Timberlake are primed for interior repositioning.
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Raleigh Court Townhomes
40 Units
2313 Raleigh Court
Clarksville, TN  37043
Type: Conventional
Closed: 9/10/2018
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St. Francis Apartments
15 Units
20607 Congress Way
Castro Valley, CA  94546
Closed: 9/7/2018
Sold
Sunrise Pointe
344 Units
7716 Sunrise Circle
Birmingham, AL  35210
Closed: 9/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 93-unit Villas on Main apartment community located in the east metropolitan Atlanta community of Lithonia in DeKalb County, Georgia. Built in 1969 and featuring spacious townhome floor plans, Villas on Main is convenient to large employers, the Snapfinger Industrial District, and a planned transformative sports complex. New ownership can garner $153 premiums through completion of a more comprehensive upgrade program that is supported in the submarket.
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Villas on Main
93 Units
6813 Main Street
Lithonia, GA  30058
Type: Conventional
Closed: 9/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 98-unit Ashford Way apartment community located in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, Georgia, one of the fastest growing counties in the nation for more than two decades. Completed in 1988, Ashford Way is a strong-performer, poised for value-add repositioning due to limited submarket apartment supply and manifest demand for higher level finishes.
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Ashford Way
98 Units
370 Hurricane Shoals Road
Lawrenceville, GA  30045
Type: Conventional
Closed: 9/6/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 323-unit The Marquis on Berkeley apartment community located in Duluth, Gwinnett County, GA. The Marquis on Berkeley is located within the Northeast Atlanta path of progress, just minutes from millions of SF of Class A office space, thousands of jobs, national retail, major entertainment centers, and back-door access to North Fulton. High-income families are moving to the northern suburbs due to the award-winning schools and large concentration of jobs, driving home values and income. Given a five-mile radius of The Marquis on Berkeley, average HHI is projected to grow by more than 15% over the next five years. The Marquis on Berkeley represents an opportunity to acquire a true value-add property in a premier, growing location.
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The Marquis on Berkeley
323 Units
2580 North Berkeley Lake Road
Duluth, GA  30096
Type: Conventional
Closed: 9/6/2018
Sold
338 Alemany
4 Units
338 Alemany Blvd
San Francisco, CA  94110
Type: Conventional
Closed: 8/28/2018
Sold
Carriage House & Williamsburg on the Lake (2 properties, 420 units)
Carriage House - Elkhart
230 Units
1200 Burr Oak Ct
Elkhart, IN  46517
Type: Conventional
Closed: 8/24/2018
Sold
Carriage House & Williamsburg on the Lake (2 properties, 420 units)
Williamsburg on the Lake - Elkhart
190 Units
1000 Portsmouth Drive
Elkhart, IN  46517
Type: Conventional
Closed: 8/24/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 112-unit St. Charles Villas apartment community located in Birmingham, Alabama. This asset is embedded near quality industrial employers like American Cast Iron Pipe Company (1,600 Jobs), and sits just 10 minutes from the heart of Downtown. St. Charles Villas is currently operating under the rare and attractive HAP program. With an enticing townhome physical plant and large floorplans, the subject is desirable in the rental community.
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St. Charles Villas
112 Units
100 Pratt Highway
Birmingham, AL  35214
Type: Conventional
Closed: 8/17/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire Vista Verde (the "Property") - a 302-unit, value-add residential asset located in rarely traded Miami, Florida. The two and three-story surface parked property was built in 1993 and sits adjacent to a Publix-anchored shopping center and across SW 107th Avenue from Florida International University (FIU) the fourth largest university in the United States with a growing enrollment currently at 55,000 students.

The property is currently implementing an in-unit renovation program of which they have fully renovated 16 units. The last 60 renovated units ("full" and "partial") have achieved average monthly rent premiums of $188 per unit per month. Cushman & Wakefield estimates that by completing the in-unit renovation program, a future investor could generate additional annual cash flow of over $475,000. This would allow for an increased return potential. Notable renovations include adding stainless steel appliances, granite counters, removing popcorn from the ceilings, new flooring, new cabinetry, and sinks. A new investor can further enhance cash flows by continuing this program.

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Vista Verde at Westchester
302 Units
10495 SW 14th Terrace
Miami, FL  33174
Type: Conventional
Closed: 8/16/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit Serenity of Mobile apartment community located in Mobile, Mobile County, Alabama. This asset is situated near the intersection of Azalea Road and Pleasant Valley Road, just over one mile south of Airport Boulevard. With I-65 less than two miles from the subject, residents experience convenient access to all of Mobile’s employment opportunities, retail amenities, and leisure activities. Built in 1975, Serenity of Mobile represents an outstanding opportunity to invest in an asset located in affluent Midtown Mobile with impressive value-add potential.
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Serenity at Mobile
152 Units
557 Azalea Road
Mobile, AL  36609
Type: Conventional
Closed: 8/15/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 297-unit Avana Highland Ridge apartment community in desirable North Columbus, Georgia. Completed in 2011, Avana Highland Ridge represents the unique opportunity to acquire a newer-build, stabilized, quality product with all-original interior finishes and amenities that offer exceptional value-add potential. This well-appointed community is located in the North Columbus submarket, home to many of the region’s largest employers including TSYS (4,690 jobs), Aflac (3,670 jobs), and St. Francis Hospital (3,000 jobs) and Columbus’ single largest retail destination hub totaling 6.8M SF. Furthermore, Fort Benning supports 40,000 regional uniformed and civilian personnel and provides a massive $4.8B regional economic impact. Avana Highland Ridge, located in the coveted Northside community, boasts top-rated schools, excellent demographics, and claim to the city’s most sought-after residential address.
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Avana Highland Ridge
297 Units
8500 Franciscan Woods Drive
Columbus, GA  31909
Type: Conventional
Closed: 8/13/2018

Cushman & Wakefield is pleased to present for sale, The Central, a 49-unit “Micro” Multifamily new construction located in a vibrant South Minneapolis neighborhood.

Completed in 2018 and 90% pre-leased upon opening June 1st, The Central was built with state-of-the-art construction while utilizing the highest efficiency standards in the market. The property offers stylish modern layouts with quartz countertops, high-end cabinets, premium wood flooring, stainless-steel appliances and Wi-Fi connected remote access thermostats in all units. The best-in-class amenities at the property are unrivaled to the competition and offer residents a community room with garage door opening to rooftop deck, fitness center, patio with outdoor grill, covered heated parking, heated indoor bike racks/storage, secure package delivery and free Wi-Fi throughout the building.

Centrally located in the heart of South Minneapolis, just off of Interstate 35W at the corner of 2nd Avenue South and East 35th Street, The Central’s prime position gives residents easy access to everything. The property is located minutes from Downtown Minneapolis, Uptown, Lyn-Lake, Eat Street, Lake Harriet, Lake Calhoun, Powderhorn Park, Midtown and Lake Nokomis. The Central is also steps from the thriving “Kingfield” neighborhood with locally acclaimed restaurants including Grand Café, Victor’s 1959 Café, Blackbird Café, Nighthawks Diner & Bar, Hola Arepa, Five Watt Coffee, Kyatchi, Pat’s Tap, Rincon 38 and Butter Bakery Café.

The Central is a unique opportunity to acquire a new construction, best-in-class “Micro” Multifamily asset in a desirable community with limited to no competition of similar properties in this price point.

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The Central
49 Units
3503 2nd Ave South
Minneapolis, MN  55408
Type: Conventional
Closed: 8/10/2018