The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 348-unit Upland Townhomes community located in west metropolitan Atlanta, Georgia. This asset is situated in south Cobb County’s close-in Mableton area, eight miles west of downtown Atlanta. The asset offers direct access to I-20 and I-285, and is less than two miles from the prolific Thornton Road and Fulton Industrial Boulevard industrial warehouse districts. Built in 1970, Upland Townhomes is an outstanding investment opportunity with substantial market-supported value-add potential.
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Upland Townhomes ORIGINAL
348 Units
6850 Mableton Parkway
Mableton, GA  30059
Type: Conventional
Closed: 11/7/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Woods Edge, a niche 120-unit, 1986-built garden apartment community in an affluent south Asheville, NC neighborhood. Located less than two (2) miles from the famed Biltmore Estate, Woods Edge is prominently situated within close proximity to Asheville’s premier retail destinations including the Historic Biltmore Village and the 750-acre Biltmore Park Town Square. With recent targeted capital improvements completed and a proven value-add program with 53% of the units remaining (64 units), Woods Edge offers significant upside for the next owner. The 56 renovated units are obtaining average rent premiums ranging from $101 to $224 on a $3,900/unit to $5,200/unit renovation scope.
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Woods Edge
120 Units
98 Woodstream Lane
Asheville, NC  28803
Type: Conventional
Closed: 11/6/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present The Corners, a 176-unit, 1973-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed) and burgeoning high-tech economy. The Corners offers a well-maintained asset with a recent targeted capex program completed that included both asset preservation as well as amenity upgrades. The Corners is ideally situated for completion of the proven in-place value-add program which is obtaining $91 to $97 premiums on average. With 109 units remaining to be renovated, The Corners offers the ability to increase annual NOI by 19%.
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The Corners
176 Units
151 Fernwood Drive
Spartanburg, SC  29307
Type: Conventional
Closed: 11/3/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 296-unit Emberwood apartment community located in Lafayette, Louisiana. Situated in a fast-growing, affluent submarket, Emberwood is in close proximity to high-end retail and office space. The property is just minutes from Downtown, the University of Louisiana-Lafayette, Lafayette Regional Airport, and other major employment centers. This well-located asset was constructed in 1986 and represents a market-supported, value-add potential within the surging Lafayette market.
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Emberwood
296 Units
100 South Meyers Drive
Lafayette, LA  70508
Type: Conventional
Closed: 11/2/2017

Cushman & Wakefield/The Lund Company is pleased to present the exclusive listing of the of Fireside Village Apartments and Chateau Apartments as a portfolio. Both properties are located in the desirable south side of the Omaha MSA. The portfolio contains 295 homes, 174 garden-style apartments and 6 townhomes at Fireside Village and 115 garden-style apartments at Chateau Apartments. The Portfolio offers an investor the opportunity to acquire two well-maintained communities with a value-add component in the desirable Ralston and Bellevue markets in the strong and steady Omaha MSA. Both properties have outstanding locations, and residents benefit from short commutes to both the Omaha CBD and their respective community cores.

Fireside Village Apartments is a well-positioned class C apartment community located in Ralston, Nebraska. Located in a great quiet neighborhood setting on 84th Street with easy access to Interstate 80, and walking distance to two city parks an elementary school and the new City Centre Mixed Use Development. The new $235+ million City Centre development is located just one half mile south of Fireside, and the city of La Vista has started work on converting the adjoining former golf course to a city park with a lake and an amphitheater.

Chateau Apartments is an attractive and well located class C apartment community in Bellevue, Nebraska right across the street from Bellevue University and walking distance to a Grocery Anchored Center. Chateau is a 5-minute drive to the state’s largest employer, Offutt Air Force Base, and downtown Omaha is just minutes away via Kennedy Freeway.

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Fireside - Chateau Apartment Portfolio (2 properties, 295 units)
Chateau Apartments
115 Units
401 Chateau Drive
Bellevue, NE  68005
Type: Conventional
Closed: 10/31/2017

Cushman & Wakefield/The Lund Company is pleased to present the exclusive listing of the of Fireside Village Apartments and Chateau Apartments as a portfolio. Both properties are located in the desirable south side of the Omaha MSA. The portfolio contains 295 homes, 174 garden-style apartments and 6 townhomes at Fireside Village and 115 garden-style apartments at Chateau Apartments. The Portfolio offers an investor the opportunity to acquire two well-maintained communities with a value-add component in the desirable Ralston and Bellevue markets in the strong and steady Omaha MSA. Both properties have outstanding locations, and residents benefit from short commutes to both the Omaha CBD and their respective community cores.

Fireside Village Apartments is a well-positioned class C apartment community located in Ralston, Nebraska. Located in a great quiet neighborhood setting on 84th Street with easy access to Interstate 80, and walking distance to two city parks an elementary school and the new City Centre Mixed Use Development. The new $235+ million City Centre development is located just one half mile south of Fireside, and the city of La Vista has started work on converting the adjoining former golf course to a city park with a lake and an amphitheater.

Chateau Apartments is an attractive and well located class C apartment community in Bellevue, Nebraska right across the street from Bellevue University and walking distance to a Grocery Anchored Center. Chateau is a 5-minute drive to the state’s largest employer, Offutt Air Force Base, and downtown Omaha is just minutes away via Kennedy Freeway.

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Fireside - Chateau Apartment Portfolio (2 properties, 295 units)
Fireside Village
180 Units
8214 Wilson Drive
Ralston, NE  68127
Type: Conventional
Closed: 10/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Hairston Woods apartment community located in northeast metropolitan Atlanta’s DeKalb County, Georgia. Completed in 1984, Hairston Woods features well-designed and expansive floor plans (average 1,162 SF) and arrives with consistently robust market performance. This asset has incredible value-add upside, and is an outstanding opportunity to invest in burgeoning northeast Atlanta.
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Hairston Woods
240 Units
1173 North Hairston Road
Stone Mountain, GA  30083
Type: Conventional
Closed: 10/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 202-unit, 2014-built Tryon Park at Rivergate apartment community located in Charlotte’s fastest growing submarket. Situated off of a major thoroughfare (43,000 VPD) and bound by an abundance of popular retail destinations, Tryon Park at Rivergate provides a desirable, connected suburban location. Arriving with attractive, below market assumable debt that has over two (2) years IO remaining and room to boost revenue via cosmetic value-add initiatives, this superb asset is perfectly positioned to capitalize on Charlotte’s prolific economic growth.
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Tryon Park at Rivergate
202 Units
12620 Toscana Way
Charlotte, NC  28273
Type: Conventional
Closed: 10/31/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 218-unit Aspen Woods apartment community located in Decatur, DeKalb County, Georgia. This asset is situated in desirable east Atlanta, and benefits from proximity to I-20 and I-285, as well as Snapfinger Industrial Park. Built in 1973, Aspen Woods is a consistently stronger performer that offers immediate upside as well as long-term investment opportunity.
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Aspen Woods
218 Units
3379 Flat Shoals Road
Decatur, GA  30034
Type: Conventional
Closed: 10/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 132-unit Glenn Cove apartment community located in northeast suburban Atlanta, Hall County, Georgia. The subject’s position relative to US-Hwy. 129 (1.4 miles northwest) and downtown Gainesville (2 miles north) offers it ease of access to numerous employment hubs. Built in 1978, Glenn Cove offers an outstanding value-add opportunity in Atlanta’s Northeast Corridor, which is projected to outpace the rest of Atlanta Metro through 2030.
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Glenn Cove
130 Units
1750 Norton Drive
Gainesville, GA  30501
Type: Conventional
Closed: 10/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Iron City Lofts apartment community located in Birmingham, Alabama. This asset is an upscale apartment community located in the emerging Lakeview District, the perennial social hotspot for 20’s and 30’s. Iron City Lofts sets the standard for Downtown loft living with state-of-the-art amenities and sought-after downtown views, heavily demanded by both Young Professionals and Millennials. With prime positioning near Birmingham’s epicenter, the Iron City Lofts community should continue to see strong rent momentum in tandem with local economic momentum.
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Iron City Lofts
70 Units
2725 4th Avenue South
Birmingham, AL  35233
Closed: 10/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the two-property, 66-unit portfolio of Woodland View and Oaks at Woodland apartments located in the burgeoning Morningside/Lenox Park submarket in Fulton County, Georgia. This boutique pairing, situated off the Piedmont Road corridor just two miles southeast of Buckhead, is bounded by GA Highway 400 and Interstate 85, a strategic location that offers direct connectivity to all major metro Atlanta employment centers. The Woodland portfolio offers investment potential in a desirable, close-in Atlanta community.
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Woodland View & Oaks at Woodland (2 properties, 66 units)
Oaks at Woodland
12 Units
1155 Woodland Ave
Atlanta, GA  30324
Closed: 10/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the two-property, 66-unit portfolio of Woodland View and Oaks at Woodland apartments located in the burgeoning Morningside/Lenox Park submarket in Fulton County, Georgia. This boutique pairing, situated off the Piedmont Road corridor just two miles southeast of Buckhead, is bounded by GA Highway 400 and Interstate 85, a strategic location that offers direct connectivity to all major metro Atlanta employment centers. The Woodland portfolio offers investment potential in a desirable, close-in Atlanta community.
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Woodland View & Oaks at Woodland (2 properties, 66 units)
Woodland View
54 Units
1195 Woodland Avenue NE
Atlanta, GA  30324
Type: Conventional
Closed: 10/30/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit, 1989-built Treybrooke at the Park apartments in Morrisville, NC. The property is located in an affluent pocket of the Raleigh-Durham MSA, boasting average household income levels of over $100,000 and home values of $325,000, and is conveniently situated amongst the area’s top employment and retail nodes. Treybrooke at the Park, which features the largest floorplans in the submarket, has experienced 33% market rent growth since September-2013 due to a light interior upgrade package that has been completed on 93% of the units. New ownership has the opportunity to increase annual NOI by an additional 28% through completion of a more comprehensive upgrade program that is supported in the submarket.
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Treybrooke at the Park
200 Units
201 Treybrooke Drive
Morrisville, NC  27560
Type: Conventional
Closed: 10/26/2017
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Woodside
240 Units
5089 Government Boulevard
Mobile, AL  36693
Type: Conventional
Closed: 10/26/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 228-unit Magnolia Ridge apartment community located in Metairie, LA in the New Orleans metro area. This asset is situated in the high barriers-to-entry submarket of Metairie, boasting upscale demographics, solid single-family housing stock, and limited apartment deliveries. These characteristics drive strong growth trends and low historic vacancy. The subject is minutes from millions of square feet of high-end retail, including Lakeside Shopping Center, and Class A office space, such as the Galleria Tower, housing numerous major employers. Magnolia Ridge presents an opportunity to acquire an asset with proven value-add, below replacement cost, in one of New Orleans premier submarkets.
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Magnolia Ridge
228 Units
2501 Metairie Lawn Drive
Metairie, LA  70002
Type: Conventional
Closed: 10/25/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 104-unit Southern Woods 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 1981, Southern Woods features well-designed and expansive floor plans (average 1,075 SF) and arrives with consistently robust performance. This asset is perfectly primed for a value-add initiative in a market with substantial organic growth and ROI.
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Southern Woods
104 Units
1286 Southern Woods Drive
Tucker, GA  30084
Type: Conventional
Closed: 10/25/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 100-unit, 1995-built Laurelwood Park apartments in High Point, NC. The property, sanctioned under the Section 42 Affordability Program, is a strong performing asset with promising potential to boost NOI through increasing rents to the 60% AMI limits, which rest approximately $150 above current market rate levels.
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Laurelwood Park
100 Units
1300 Burton Avenue
High Point, NC  27262
Type: LIHTC
Closed: 10/20/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 300-unit Springs at Greystone apartment community located in Birmingham, Alabama. This asset is situated in the top tier suburban district of Greystone, one of the city’s up-and-coming communities with a wealth of upscale lifestyle amenities and outstanding demographics. The Springs at Greystone community is located less than a mile off US-280 and the upcoming luxury mixed-use development Tattersall Park. Built in 2007, Springs at Greystone represents a fantastic opportunity to invest in a stabilized class "A" asset with upward momentum and in-place value add potential.
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Springs at Greystone
300 Units
7278 Cahaba Valley Road
Birmingham, AL  35242
Type: Conventional
Closed: 10/19/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 320-unit 1900 Vinings apartment community. 1900 Vinings is uniquely positioned in the sought after Vinings submarket of Cobb County, GA, only 3.5 miles from the recently unveiled, state-of-the-art home of the Atlanta Braves. The subject’s storybook location combines excellent connectivity and commute times, proximity to major commercial developments and job hubs, and excellent demographic support and surrounding single family housing market. Additionally, as the location has continued to transform, recent community enhancements have positioned 1900 Vinings for continued organic rent growth, while setting the stage for rental upside opportunity via an enhanced interior upgrade program. 1900 Vinings represents an excellent opportunity to acquire a top-of-class asset well below replacement cost.
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1900 Vinings
320 Units
1900 Tamarron Parkway
Atlanta, GA  30339
Type: Conventional
Closed: 10/18/2017
Sold
Heights of Collingswood
1025 Units
700 Browning Road
Collingswood, NJ  08108
Closed: 10/16/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit South Winds apartment community in the Fayetteville, NC MSA. Built in 1988 / 1997, South Winds is located in close proximity to Fayetteville’s largest employers including Goodyear Tire & Rubber, Pope Field Army Airfield, and Fort Bragg. The property is uniquely positioned to create significant organic growth as average rents in the market are expected to rise by 8% through 2021 as vacancies are forecast to plummet to 4%. South Winds is positioned to boost NOI by 164% through 2021. The lack of Class B competition in the submarket offers a high rent ceiling driven by 2000-built competitors that are obtaining $225 higher rents on average – providing significant value-add rent growth runway for new ownership.
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South Winds
216 Units
90 Duncan Road
Spring Lake, NC  28390-3155
Closed: 10/12/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 156-unit Brentwood apartment community located just two miles northeast of downtown Decatur, the #1 neighborhood for Emory and CDC employees and one of Atlanta’s most sought-after residential communities. The eastern Atlanta Decatur market is anchored by the recession-proof health care and education industries. Built in 1969, the Brentwood apartment community offers an outstanding opportunity to invest in a solid-performing asset primed for value-add returns.
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Brentwood
156 Units
3799 N. Decatur Road
Decatur, GA  30032
Type: Conventional
Closed: 10/11/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit portfolio Creekside at Wellington and Garden Villas in Gaffney, SC and Gastonia, NC, respectively. These strategically located, well-maintained properties are both located less than half a mile off of I-85 with access to major employment centers of the Upstate and Charlotte, while offering investors value-add opportunities in markets with scarce competition. Creekside at Wellington has untapped potential income with existing storage units on site and potential to boost NOI with implementation of a value-add initiative. With a proven value-add program in place, Garden Villas is well positioned to capitalize on Charlotte MSA’s tightening fundamentals.
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Creekside at Wellington & Garden Villas (2 properties, 192 units)
Creekside at Wellington
92 Units
1230 Overbrook Drive
Gaffney, SC  29341
Type: Conventional
Closed: 10/2/2017