The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 80-unit Chaney Place apartment community located in the rapidly expanding city of Huntsville, AL. Huntsville’s economy has added over 12K jobs and $5B of capital investments since the start of 2018 and is one of the top-ranked investment markets in the entire U.S. Notably, Huntsville now has the #1 most technical workforce in the country with nearly 17% of the workforce in a STEM related field earning $95k+ average salaries. Chaney Place features a class "A" home-like experience with 100% ground floor entry townhomes, massive 1,350 SF average floor plans and highly desirable amenities. Delivered between 2008-2015, Chaney Place represents the rare opportunity to acquire an attractive, cash flowing asset within the premier Huntsville investment space.
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Chaney Place
80 Units
1060 Chaney Place Dr
Huntsville, AL  35803
Closed: 3/5/2020
Cushman & Wakefield, as exclusive advisor, is pleased to present Integra Sunrise Parc – a brand new, 300-unit luxury garden apartment community located in Kissimmee, Florida. The property was thoughtfully crafted to create the highest design standards and living experience. Located in the Hunter’s Creek/Sunrise City submarket, the property provides rare suburban accessibility to nearby shopping and dining that includes Publix, Walmart, The Loop and Lake Buena Vista Outlets. Residents also have access to one of the most active employment markets in the Orlando metro. Integra Sunrise Parc is being offered for the first time by its developers, Integra Land Company, CrossHarbor Capital and Panther Residential Management LLC.
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Integra Sunrise Parc
300 Units
4701 Luminous Loop
Kissimmee, FL  34746
Type: Conventional
Closed: 3/5/2020

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Silver Lake Multifamily Development Site located in Leesburg, Florida. The asset is situated in the desirable area of the Orlando-Kisimmee-Sanford MSA. Silver Lake Multifamily Development Site is an expansive 46.5 acres and is an approved PUD allowing for up to 256 buildable units. The site also has a rare and attractive 27-acre man made lake stocked with fish.

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Silver Lake Multifamily Development Site
46.5 Acres
Arbour Lake Drive
Leesburg, FL  34788
Type: Land
Closed: 3/5/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 283-unit Bluebird Row apartments in Hamilton County, Chattanooga, Tennessee. Completed in 2019, Bluebird Row features an unrivaled amenity package and superior unit finishes and is the only true Class AA property in the market. Residents enjoy excellent walkability, an urban lifestyle, and immediate access to over 85k jobs in Chattanooga’s rapidly expanding downtown. Additionally, the property is conveniently located just 0.6 miles from I-24 which provides residents with quick access to Volkswagen and Amazon. Catering to Chattanooga’s most sophisticated tenant base and leasing an average of about 25 units per month, Bluebird Row sets the stage for above-market rental growth.
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Bluebird Row
283 Units
1348 Passenger Street
Chattanooga, TN  37408
Closed: 3/4/2020

Echo Park Bloomington is a premier luxury community located on the south side of booming Bloomington, IN. The thoughtful high-end modern design of this class A new construction property creates a living environment above all other competition. The luxurious living experience caters perfectly to the high income young professional residents.

Bloomington is best known for the highly-rated, 45,000+ enrollment Indiana University, but this city has more to offer than just the typical college town in the way of high paying employment opportunities, international cuisine, music venues, retail boutiques, lakes, wineries and the Hoosier National Forest.

Echo Park is currently 97% occupied and has an excellent lease trajectory into the future. Its stabilization and high occupancy allow for the best permanent new financing terms available.

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Echo Park - Bloomington
154 Units
2780 S Walnut Street Pike
Bloomington, IN  47401
Closed: 2/29/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 279-unit Nottingham apartment community located in Monroe, NC. Built in 3 Phases (1985, 1995, 2001), this asset offers investors a true value add initiative with all-original units trailing the central submarket by over $300. The property recently renovated a trial unit with vinyl wood flooring and has signed a lease $360 above the effective rental average for this floorplan. With no units under construction and only 262 units proposed, the area offers an opportune time to make significant strides in submarket where population & employment growth continues to thrive. Investors have the opportunity to increase annual NOI by 58% through multiple revenue streams including a market-driven interior upgrade initiative, trash income, water/sewer submetering, and washer/dryer appliance rentals.
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Nottingham
279 Units
2613 Nottingham Lane
Monroe, NC  28110
Type: Conventional
Closed: 2/27/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit, Walker’s Ridge apartment community located in Gastonia, North Carolina. Built in 1990, the property has experienced a surge in organic rent growth due to a recent +$300,000 capital infusion including a newly renovated clubhouse and high-tech gate entrance. Gaston County has emerged as a location of choice for foreign investments in advanced manufacturing, serving as the key driver for some of the strongest rent gains in the metro. The growing demand of Gastonia paired with muted supply in 2018 poises the property for consistent returns and an opportunity to boost annual NOI by 17.6% through multiple revenue streams including water/sewer submetering and completion of the in-place value add program (23% renovated).
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Walker's Ridge
144 Units
1100 Robinwood Road
Gastonia, NC  28054
Type: Conventional
Closed: 2/27/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Arlington Park - 252 units located in Mobile, Alabama. The subject is situated in the affluent West Mobile submarket, just south of Airport Boulevard, with $100K+ HH incomes and state-ranked schools. The immediate area is home to key economic drivers such as Providence Hospital (1,540 jobs), University of South Alabama (16,440+ students), Mobile Regional Airport, and over 1.5 million square feet of quality retail within a 2-mile radius. Constructed in 2001, Arlington Park offers the investor quality product well below replacement cost with excellent in-place cash flow that is primed for a full-scale value add campaign.
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Arlington Park
252 Units
7070 Grelot Road
Mobile, AL  36695
Type: Conventional
Closed: 2/26/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 330-unit, Woodland Estates apartment community located in Charlotte, NC. Embedded off of Albemarle Road and Central Avenue Intersection, the property offers unmatched connectivity to all of Charlotte’s retail and employment hubs. Woodland Estates, which planted in the East Charlotte submarket, is branded with high HHI incomes of ~$60,000 and 54% white-collar employment in a 3-mile radius and is primed for growth with a large forecast rent growth of 14% and occupancy levels expected to stay at almost 96%. With a massive capital infusion of $4.2M to renovate unit interiors and enhance curb appeal and amenities, Woodland Estates has witnessed steady financial momentum leaving new ownership the ability to focus solely on completing an in-place value-add program that offers the chance to boost NOI by 44% with 95% of unit interiors left to be renovated to "Dream Unit" status with current Dream Units achieving $250 - $325 premiums.
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Woodland Estates
330 Units
6147 Winged Elm Court
Charlotte, NC  28117
Type: Conventional
Closed: 2/26/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit, Abbotts Run apartment community located in Wilmington, North Carolina. This asset is positioned in a highly-educated, affluent demographic region between UNCWilmington, The Port of Wilmington, and Wilmington International Airport with immediate access to the Coastal City’s major roadways. Delivered in 2002, Abbotts Run recently received a $3.5 million capital infusion which included common area renovations, a state-of-the-art clubhouse, and unit interior upgrades. Since completion in April 2016, this targeted initiative has proven to see a 38% increase in rental rates. Despite this impressive growth, the market indicates there is an opportunity for a value add 2.0 program as average rental rates trail comparable properties by $280, resulting in a potential to boost annual NOI by 14%.
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Abbotts Run
264 Units
511 Cobblestone Drive
Wilmington, NC  28405
Type: Conventional
Closed: 2/20/2020
Institutional Quality Asset within the Innovative Space Coast

Cushman & Wakefield, as exclusive advisor, is pleased to present Ascend at 95 - a 300-unit, Class A garden residential asset. The property is comprised of 12, 3-story garden buildings with a combined average unit size of 977 square feet. Appropriately named, Ascend at 95 is less than ½ mile from I-95 and directly visible to over 160,000 cars daily. Located on Florida’s Space Coast, the area is known for its dynamic job growth and access to some of the top tech and space innovators such as Lockheed Martin, Northrop Grumman, Blue Origin and L3 Harris. Completed in September 2019, the property sets the standard for luxury apartment living with market leading finishes and amenities.

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Ascend at 95
300 Units
110 Sagecrest Circle,
West Melbourne, FL  32904
Type: Conventional
Closed: 2/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 100-unit, Parkridge apartment community located in Graham, North Carolina. Centrally located between two of the fastest growing markets, Piedmont Triad/Research Triangle, residents are provided convenient access to multiple metros by way of I-40/I-85. Graham is known for its blue collar workforce, although recent additions in the professional and financial service sectors currently outpace national rates and continue to diversify and grow the local economy. Located in the Burlington submarket, Parkridge can expect to see another $100 in organic rent growth along with a 12% increase in HHI by 2023. Built in 1974, this community recently received a capital infusion of over $700,000 in exterior improvements, including all new roofs on the property. Parkridge represents an outstanding opportunity to invest in a premier asset of its vintage with a proven value-add program that is currently achieving premiums of up to $120 over standard units.
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Parkridge
100 Units
1013 Townbranch Road
Graham, NC  27253
Type: Conventional
Closed: 2/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is honored to present the exclusive listing of lilli Midtown, a boutique trophy high-rise strategically positioned in the heart of Midtown Atlanta. Lilli Midtown’s brilliant architecture and top-notch finishes attract an affluent demographic. This asset offers a luxurious lifestyle with sought-after culture while also being anchored by numerous office and retail developments with 11K+ new jobs arriving within three blocks over the next three years. This unique and exciting location is at the crosshairs of the prominent Peachtree Street and Ponce De Leon corridors. Situated at the epicenter of a highly dynamic and energetic area, lilli Midtown is poised for substantial growth.
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lilli Midtown
147 Units
693 Peachtree Street
Atlanta, GA
Type: Conventional
Closed: 2/18/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 10.849-acre Wesley Chapel Stouts Road Land Site located in Indian Trail, North Carolina. Only 2 properties within 3 miles have been delivered after 2000, one of which accomplished a 1 year lease-up with minimal concessions, providing developers a concrete example of the high demand for Class A apartment communities. Sheltered from future supply, the land is supremely positioned in the desirable town of Indian Trail - a region defined by affluent, dominant white collar employment, and exponential population and job growth.
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Wesley Chapel Stouts Road Land
10.85 Acres
Orr Road, Wesley Chapel-Stouts Road
Indian Trail, NC  28079
Type: Land
Closed: 2/13/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Flats at Arrowood, a 301-unit apartment community located in Southeast Charlotte, North Carolina. This asset is situated just south of South End, one of the strongest MSA submarkets in the nation. Current ownership has completed a massive capital infusion of $1.85M since March 2018, including the initiation of a majorly successful interior value-add program, seeing premiums up to $200 in effective rent. This unique investment provides investors the opportunity to capitalize on the capital infused over the past year, ability to draft off the South End corridor's rents, as well as very strong operational momentum set to see an NOI boost of 46% with the implementation of other income paths and the completion of the inplace value-add program.
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The Flats at Arrowood
301 Units
8508 Lodge S. Circle
Charlotte, NC  28217
Type: Conventional
Closed: 2/12/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 82-unit Petersburg Place apartment community in Northwest Augusta, Georgia, in the desirable suburb of Columbia County. With a strategic location along busy Riverwatch Parkway within six miles of downtown Augusta, the property offers quick accessibility to major employment, health care and retail centers. Home to some of the state’s best schools, Columbia County benefits from strong demand and rent growth, bolstered by extreme barriers, which have fueled the success of the subject’s in-place upgrade program. Built in 1985, Petersburg Place’s overall market position has been elevated with recent capital investments of over $1M and offers investors more revenue-generating upside as interior upgrades are completed.
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Petersburg Place
82 Units
3584 Riverwatch Parkway
Martinez, GA  30907
Type: Conventional
Closed: 2/11/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Fields Lakeview & The Fields Market Street apartment communities, 380 total units located in Greensboro, NC. Built in 1988, The Fields Lakeview offers a proven value-add program with current effective premiums boasting a $117 surplus, supporting great upside for completion of the interior upgrade initiative. Built in 1986, The Fields Market Street has received a similar upgrade program that is strongly supported by a $138 rental gap in comparison to the central submarket. Both properties are ideally located beside the Piedmont International Airport and between I-73 & I-40, providing connectivity to the area’s top employers and retail. With outstanding demographics and a minimal delivery pipeline, both properties are poised for sustained organic rent growth through a strong submarket that is outpacing the broader metro on nearly all economic metrics.
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Greensboro Value-Add Portfolio (2 properties, 380 units)
The Fields Lakeview
136 Units
101 Meadowood Street
Greensboro, NC  27409
Type: Conventional
Closed: 2/10/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Fields Lakeview & The Fields Market Street apartment communities, 380 total units located in Greensboro, NC. Built in 1988, The Fields Lakeview offers a proven value-add program with current effective premiums boasting a $117 surplus, supporting great upside for completion of the interior upgrade initiative. Built in 1986, The Fields Market Street has received a similar upgrade program that is strongly supported by a $138 rental gap in comparison to the central submarket. Both properties are ideally located beside the Piedmont International Airport and between I-73 & I-40, providing connectivity to the area’s top employers and retail. With outstanding demographics and a minimal delivery pipeline, both properties are poised for sustained organic rent growth through a strong submarket that is outpacing the broader metro on nearly all economic metrics.
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Greensboro Value-Add Portfolio (2 properties, 380 units)
The Fields Market Street
244 Units
1 Aspen Drive
Greensboro, NC  27409
Type: Conventional
Closed: 2/10/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of WILLIS Avondale Estates, a 197-unit mixed-use apartment community located in Avondale Estates, the rapidly urbanizing East node of Decatur, Georgia. Directly adjacent to Downtown Decatur and walkable to MARTA, WILLIS is in the path of growth as Downtown Decatur continues its natural extension along the East College Avenue corridor. Avondale Estates is an affluent node of Decatur offering an eclectic blend of authenticity and culture through its historic charm and collection of highly-rated restaurants and breweries. Ownership will benefit from Decatur’s favorable growth projections, as well as the unique tax abatement providing a notable cash flow boost.
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WILLIS Avondale Estates
197 Units
2702 E. College Avenue
Decatur, GA  30030
Type: Conventional
Closed: 2/3/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 249-unit Carriage House apartment community located in northwest suburban Atlanta, Smyrna, Georgia. This asset is situated on Windy Hill Road (31,500 VPD) between S. Cobb Drive and Atlanta Road in the Atlanta Braves’ booming home base of Cobb County, where a host of retail, restaurants, high-end mixed-use developments, and Class A office space construction (Fortune 500 Thyssenkrupp HQ) have sprouted following the opening of SunTrust Park in 2017. Built in 1964, the timing is right to begin an updated round of upgrades to further boost property performance in an affluent submarket with consistently high demand.
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Carriage House
249 Units
810 Windy Hill Road
Smyrna, GA  30080
Type: Conventional
Closed: 1/31/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit, Greenwood at Ashley River apartment community located in Charleston, SC. Embedded just outside of the peninsula in the heart of North Charleston, the property sits in close proximity to the top employment drivers in North Charleston where large investments have continually been made to expand and strengthen the Charleston job market. With a massive infusion of +$4.3 Million and affluent demographics, Greenwood at Ashley River offers the chance to boost NOI by 20% with over 63% of units left to renovate generating proven premiums of $150+.
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Greenwood at Ashley River
280 Units
6520 Dorchester Road
North Charleston, SC  29418
Type: Conventional
Closed: 1/31/2020
Sold
Parc Marin
32 Units
1441 Casa Buena Drive
Corte Madera, CA  94925
Closed: 1/31/2020
Sold
Retreat at Panama City Beach
360 Units
90 Sandal Lane
Panama City Beach, FL  32413
Type: Conventional
Closed: 1/31/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Pearl Flagler Village – the premier midrise apartment community in the emergent Flagler Village neighborhood within Fort Lauderdale, Florida. Comprising 350 apartment homes, this 7-story multifamily building opened and began leasing in January 2019 and units have been quickly absorbed. The property is nearing the end of its lease-up – it is 83% leased and 73% occupied and is projected to stabilize by the end of December. With a 92 Walk Score the property has access to the rapidly expanding nearby amenities and the most active employment market in Broward County. Developed by Morgan Group, the property sets the standard for luxury apartment living with market leading finishes and amenities.

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Pearl Flagler Village
350 Units
400 NE 3rd Avenue
Fort Lauderdale, FL  33301
Closed: 1/30/2020