View at 79th can be purchased as a part of a 4 property 980 unit portfolio offering immediate presence and economies of scale. The properties may also be purchased individually.

View at 79th can be purchased with:

Eclipse (296 units) More Information

Lenox (200 units) More Information

Connect (336 units) More Information

...
Sold
View at 79th
148 Units
2000 W. 79th Street
Indianapolis, IN  46260
Type:  Multifamily
Closed: 11/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit Views at Jacks Creek apartment community located in Snellville, Gwinnett County, GA. This asset is situated in the rapidly-expanding Gwinnett County, which has seen substantial growth and will continue to flourish as new developments move to this area. One new development is an Amazon Fulfillment Center five miles from the property, expected to create over 1,000 jobs in the area. Within a three-mile radius of this asset, there is more than 5M SF of office space, creating a pent-up demand for housing. Phase I was built in 1987 and consists of 40 units, while Phase II was built in 1997 and consists of 216 units. Currently occupied at 98%, the current owner is signing new leases on renovated units at an average $271 above current in-place rents. A new owner can create additional income by continuing to sign leases at these rates by renovating all units to the premium finish level. Views at Jacks Creek represents an outstanding opportunity to invest in a textbook value-add in the flourishing Gwinnett County submarket.
...
Sold
Views at Jacks Creek
256 Units
2300 Country Walk
Snellville, GA  30039
Type:  Multifamily
Closed: 11/30/2021
Connect can be purchased as a part of a 4 property 980 unit portfolio offering immediate presence and economies of scale. The properties may also be purchased individually.

Connect can be purchased with:

Eclipse (296 units) More Information

Lenox (200 units) More Information

View at 79th (148 units) More Information

...
Sold
Connect
336 Units
8002 N. Harcourt Road
Indianapolis, IN  46260
Type:  Multifamily
Closed: 11/24/2021
Eclipse can be purchased as a part of a 4 property 980 unit portfolio offering immediate presence and economies of scale. The properties may also be purchased individually.

Eclipse can be purchased with:

Lenox (200 units) More Information

Connect (336 units) More Information

View at 79th (148 units) More Information

...
Sold
Eclipse
296 Units
8420 N. Ditch Rd.
Indianapolis, IN  46260
Type:  Multifamily
Closed: 11/24/2021
Lenox can be purchased as a part of a 4 property 980 unit portfolio offering immediate presence and economies of scale. The properties may also be purchased individually.

Lenox can be purchased with:

Eclipse (296 units) More Information

Connect (336 units) More Information

View at 79th (148 units) More Information

...
Sold
Lenox
200 Units
5421 Calder Way
Indianapolis, IN  46226
Type:  Multifamily
Closed: 11/24/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Courtyard Villas, an 80-unit multifamily value-add community located in Orlando, Florida.

...
Sold
Courtyard Villas
80 Units
3764 South Rio Grande Avenue
Orlando, FL  32839
Type:  Multifamily
Closed: 11/23/2021
Access the Data Room and OM at the following link: Monarch Data Room. Cushman & Wakefield has been exclusively retained by Ownership to offer for sale a 100% fee simple interest in Monarch Heights, a student-housing focused residential building located at 415 West 120th Street in the heart of the Upper West Side, just a half block from Columbia University, Barnard College and Morningside Park. The brand-new asset was developed in 2020 and is currently 100% preleased for Academic Year 2021-2022.
...
Sold
Monarch Heights
80 Units | 153 Beds
415 W 120th St.
New York, NY  10027
Closed: 11/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit Spring Garden apartment community located in Greensboro, NC. This asset is strategically situated 2 miles southwest of downtown Greensboro next to the University of North Carolina at Greensboro. Built in 1991 and 1998, Spring Garden is a student run property primed for significant upside through a modern conversion of the asset’s 4BR-2BA units to highly sought-after 2BR-2BA units. This unit transformation will offer one of the largest 2BR floorplans in the submarket, coupled with high barriers to entry, limited development, and desirable demographics. Furthermore, transitioning to conventional operations will allow for improved efficiencies in leasing, occupancy, and utility reimbursements generating attractive returns for incoming investors.
...
Sold
Spring Garden (192 Beds)
96 Units | 192 Beds
2119 Spring Garden Street
Greensboro, NC  27403
Closed: 11/23/2021

1. Large Capital Infusion

Warren Harbor is a well maintained property that has been infused with capital but still allows for additional upside. All roofs have been replaced since 2016. Additionally, 135 units have been fully upgraded and most units have received some partial upgrades.

2. Grow Revenue Continuing Upgrades

105 units are either lightly upgraded or have classic finishes. By completing additional unit upgrades, a $160+ monthly premium can be achieved. 2021 lease rents demonstrate a $90 / 11% increase and prove the demand for upgraded units.

3. Recharged East Side Indianapolis

Indianapolis' far east side is showing upward trends in several indicators including occupancy and rent growth. The submarket also offers diverse/stable employers and easy access to downtown.

4 . Desirable unit features

Warren Harbor offers potential residents unit features like 3 bedrooms, upgraded finishes and W/D hookups that are uncommon in the submarket.

5 . Great Schools

Warren Central High School athletics is nationally recognized and sponsored by Adidas. They have 28 State Titles, 23 Semi-State Titles, and 87 Regional Titles.

...
Sold
Warren Harbor
240 Units
2125 Yorkshire Court
Indianapolis, IN  46229
Closed: 11/19/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is honored to present the exclusive listing of 565 Hank, a truly rare multifamily asset primed for continued growth. The property is strategically situated at the epicenter of Atlanta’s transformative Turner Field redevelopment in Summerhill Atlanta. An irreplaceable location coupled with the developer’s acute demand for flawless quality position the asset for long-term sustainability. Also, Memorial Drive’s expansion, Downtown’s pressure, and the Southside BeltLine’s momentum surround and fuel Summerhill’s evolution. Furthermore, 565 Hank has demonstrated exceptional leasing velocity of 50+ units per month since the beginning of July.
...
Sold
565 Hank
306 Units
565 Hank Aaron Drive
Atlanta, GA  30312
Closed: 11/18/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Glenwood Vista at Eagle's Landing apartment community located in Stockbridge, Henry County, Georgia. This asset is situated in rapidly-expanding south metro Atlanta, an area with easy access to interstates and an abundance of industrial, logistics, and manufacturing jobs. Henry County’s economy is growing, and attracted more than 2,600 new jobs and $451M in investments in 2020, with recent announcements by Home Depot and Purple Innovation. Built in 2003, Glenwood Vista at Eagle's Landing offers a rare opportunity to invest in an asset with nearly 100% classic units in one of the top growth submarkets in the entire nation.
...
Sold
Glenwood Vista at Eagle’s Landing
264 Units
10 Glenwood Way
Stockbridge, GA  30281
Type:  Multifamily
Closed: 11/18/2021

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of Pullman Pointe, a 190-unit, 2020-built apartment community located in the heart of vibrant and growing Fishers.

With the highest-end finishes and luxurious amenity set, Pullman Pointe offers a quiet atmosphere just minutes from the city’s best and most popular dining, retail and entertainment. Proving the property’s appeal and high demand for quality product in Fishers, the community reached 100% occupancy in only 6 months. The property provides reliable cash flow on day one. Cash flows and returns realized through the acquisitions of Pullman Pointe are further bolstered by the fact that the property received $7M in Economic Development Revenue Bonds from the city of Fishers, which significantly reduces the Real Estate Tax Liability for more than 20 years.

For access to confidential documents, please register at: PullmanPointe-CW.com

...
Sold
Pullman Pointe - Fishers
190 Units
11110 Lantern Road
Fishers, IN  46038
Type:  Multifamily
Closed: 11/18/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
...
Sold
Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM Mount Pleasant
240 Units
1054 Anna Knapp Boulevard
Mt. Pleasant, SC  29464
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
...
Sold
Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM North Charleston
192 Units
2225 Greenridge Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
...
Sold
Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM St. Ives
248 Units
7930 St. Ives Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit Covington Park & Southbrook Gardens apartment communities located in Jackson, Hinds County, MS. The assets are well located right next to each other with quick access to Downtown Jackson and the MSA’s premiere retail pockets via I-55. Located within a supply constrained submarket with strong rent growth, each asset offers an immediate opportunity to initiate an interior value add program and push rents $75 while remaining in LIHTC compliance. Built in 1975 & 2006, Covington Park & Southbrook Gardens offer an outstanding opportunity to invest in up trending, well-located LIHTC assets.
...
Sold
Covington Park & Southbrook Gardens (2 properties, 256 units)
Covington Park
156 Units
100 Covington Park Drive
Jackson, MS  39212
Closed: 11/17/2021

The Cushman & Wakefield Multifamily Advisory group is pleased to present this confidential offering to purchase the KAKTUSlife Apartments in Las Vegas, NV. This 210-unit asset is the premiere apartment community in Las Vegas, with average rents of over $2,050 per month at $2.31PSF. The property is mid-rise construction, LEED certified, and has some of the best quality unit interior finishes with Jenn Air appliances.

KAKTUSlife is located in the highly-desirable “Southern Highlands” master-planned community. Southern Highlands is home to notable residents like Marc-Andre Fleury, Derek Carr, & Floyd Mayweather, along with some of the nicest custom home sites in the valley. The average HH income around KAKTUSlife is nearly $100K per year, and the submarket is expected to outperform the greater Las Vegas market. Additionally, ESMI ranked Las Vegas at #2 on their Talent Attraction Scorecard, while the market experienced 4.4% rent growth in 2020 and is projected by Yardi and CoStar to be in the top 5 performing metros over the next five years.

Thanks, in large part, to the COVID-fueled in-migration trends, core quality assets have outperformed the greater Las Vegas market as top talent is finding their way out of California and into Nevada. KAKTUSlife is nearing the completion of lease-up, and is poised for investors to see above-market NOI growth through stabilization and market growth.

...
Sold
KAKTUSlife
210 Units
10650 Dean Martin Dr
Las Vegas, NV  89141
Type:  Multifamily
Closed: 11/17/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire Town Lantana (the “Property”) – an increasingly scarce east of I-95, new construction, luxury garden apartment development of 360 apartment homes in the growing area of Lantana, Florida. The property is comprised of 14 three-story buildings walk-up units averaging 947 square feet that are serviced by detached garages and car ports. Town Lantana is located less than 0.5 miles from I-95 and 1-mile from the beach.

The community is a short distance from millions of square feet of high-paying jobs in Boca Raton, Downtown Delray Beach and the Central Business District of West Palm Beach. The property also has tremendous access to Lantana Blvd (35,500 cars daily) and will have future walkability to 125,000 square feet of retail that is under construction. The property opened in January of 2020 and has quickly moved through the lease-up process in part due to its market-leading luxury finishes and unmatched amenity offering and a rare low-density setting of 22 units per acre.

...
Sold
Town Lantana
360 Units
1001 Watertower Way
Lantana, FL  33462
Closed: 11/17/2021

1. 5.4% TRAILING CAP RATE & 6%+ T-12 RENT GROWTH

Due to high demand, A/62 has maintained 95%+ occupancy for many years and has consistently grown revenue. Rental rates grew by more than 6% over the past year. This was organic growth and not as a result of unit upgrades. A/62 offers reliable cash flow day one and the whisper price represents a 5.4% Trailing 3 Cap Rate.

2. Clear Path to Unit/Amenity Upgrades & Rent Premiums

While well maintained, units have largely classic finishes allowing the new owner to execute a unit upgrade program.

3. Recent Capital Improvements Completed

Current owner has spent more than $2M and completed major capital improvements including roof and balcony replacement. New owner can now simply focus on revenue generating enhancement such as unit upgrades.

4. Sought After Northside Location - $94k Avg HHI

Located on the Northside of Indianapolis, the average household income is $94,000 in the 2 mile radius. A/62 Residents enjoy convenient access to some of the city’s best retail, restaurants and vast employment nearby.

5. Offered Free & Clear

The ability to purchase A/62 free and clear allows new owners to take advantage of current all-time low rates, interest only periods and maximum leverage which all increase buyer returns.

...
Sold
A62
209 Units
6111 N Allisonville Road
Indianapolis, IN  46220
Type:  Multifamily
Closed: 11/16/2021

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of Barrington Woods in Hampton, VA. Management has made significant capital improvements to the Property in the past three years, including new plumbing, several interior unit renovations, and select new HVAC installations. Barrington Woods offers investors a significant value-add opportunity in a high rent and job growth submarket, while capitalizing upon historically low interested rates. The property is being offered to an investor free and clear of debt. The 136-unit multifamily asset is less than 2.5 miles from Sentara Hospital, the second largest employer in Hampton Roads, with more than 20,000 employees in the region.

...
Sold
Barrington Woods
136 Units
611 Michigan Drive
Hampton, VA  23669
Type:  Multifamily
Closed: 11/16/2021

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of Howard Street Lofts located at 5 N. Howard Street in Baltimore's Central Business District. The Vacant Mixed-Use Property has a vibrant ground floor retail tenant, and the remaining floors are vacant, and primed for redevelopment. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including conventional multifamily, mixed-use, office, or medical outpatient facility. The Assets stands to benefit from the pending $150 Million Redevelopment of Royal Farms Arena, just one block south of the Property.

...
Sold
Howard Street Lofts
0.06 Acres
5 N. Howard Street
Baltimore, MD  21201
Type:  Land
Closed: 11/16/2021
Sold
Baltimore Regional Apartment Portfolio (5 properties, 694 units)
Beacon Pointe Apartments
201 Units
2810 Nathaniel Way
Edgemere, MD  21219
Closed: 11/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 115-unit Hanover-Timberlake and Fontainebleu apartment communities located in Fayette County, Lexington, KY. These assets are situated in the desirable Fayette County submarket inside New Circle Road. Located on major road thoroughfares, both properties provide easy access to major retail centers and employment hubs, such as The University of Kentucky and key medical centers. Built in 1970 and family owned for 40+ years, Hanover-Timberlake and Fontainebleu represent an outstanding opportunity to invest in two value-add opportunities with all classic units and minimal ancillary income in a booming submarket with a significant workforce.
...
Sold
Hanover-Timberlake & Fontainebleu (2 properties, 115 units)
Fontainebleu
68 Units
2315 Harrodsburg Road
Lexington, KY  40504
Closed: 11/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 115-unit Hanover-Timberlake and Fontainebleu apartment communities located in Fayette County, Lexington, KY. These assets are situated in the desirable Fayette County submarket inside New Circle Road. Located on major road thoroughfares, both properties provide easy access to major retail centers and employment hubs, such as The University of Kentucky and key medical centers. Built in 1970 and family owned for 40+ years, Hanover-Timberlake and Fontainebleu represent an outstanding opportunity to invest in two value-add opportunities with all classic units and minimal ancillary income in a booming submarket with a significant workforce.
...
Sold
Hanover-Timberlake & Fontainebleu (2 properties, 115 units)
Hanover-Timberlake
47 Units
848 Malabu Drive
Lexington, KY  40502
Closed: 11/15/2021