The Grand at Papago Park Center represents an opportunity to acquire a high-density 6.74 acre multifamily development site on a long-term ground lease within Tempe's brand-new, premier business center. The Grand at Papago Park Center is ideally situated north of and adjacent to the Loop 202 Red Mountain Freeway. It has almost immediate access to Arizona State University and Phoenix Sky Harbor Airport. The I-10, Loop 101 and 51 freeways are also within minutes of the site. The Grand at Papago Park Center has a light rail station at its northern boundary on Washington Street, and the Center Parkway light rail station is within walking distance of The Grand's eastern boundary.

...
Sold
The Grand at Papago Park Center
6.01 Acres
NEC Priest Drive and Loop 202 Freeway
Tempe, AZ  85281
Type: Land
Closed: 2/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 69-unit Villas at Emerald Park apartment community located in Gretna, Jefferson Parish, Louisiana. This asset is situated in the high barrier-to-entry Jefferson Parish apartment submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily, occupancy and rent have continued to climb, leading to a strong historical property performance, highlighted by a 9% increase in rental income since July 2016. Villas at Emerald Park is an excellent opportunity to acquire a well-performing asset in the New Orleans metro.
...
Sold
Villas at Emerald Park
69 Units
355 Lapalco Boulevard
Gretna, LA  70056
Closed: 2/27/2018
Sold
Hoosier Court
139 Units
1609 N. Kinser Pike
Bloomington, IN  47404
Closed: 2/26/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Apartments at the Venue, a 618-unit gated apartment community located in Valley, AL. Strategically situated in Alabama’s primary auto corridor, the asset sits 20 minutes away from Kia (3,000 jobs) and the upcoming Sentury Tire plant (1,000 jobs by 2019, $530M project). Chambers County has recruited over $170M of projects since 2016, including an all new industrial park adjacent to The Venue. Built in 2008 & 2009, The Venue offers the buyer Class A product at an extremely desirable pricing with in-place high yielding cash flow and a compelling value-add strategy that will further boost returns.
...
Sold
The Apartments at the Venue
618 Units
100 Sydney Street
Valley, AL  36854
Type: Conventional
Closed: 2/23/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Waverly, a 168-unit apartment community located in desirable Horn Lake, Mississippi. This asset is situated on the north side of Goodman Road, only 2.5 miles west of DeSoto Crossing, Southaven Town Centre, and Baptist Memorial Hospital. The Waverly is also in close proximity to I-55, providing direct access to Memphis. Built in 1995, The Waverly offers an outstanding opportunity to invest in a bolstering asset with an in-place value add campaign, which will allow the next investor ample opportunity for further revenue growth.
...
Sold
The Waverly
168 Units
7101 Tulane Road
Horn Lake, MS  38637
Closed: 2/22/2018
Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire The Queue Apartments (the "Property") - a 191-unit. Class-A, trophy residential asset located in downtown Fort Lauderdale, Florida. This brand new asset is being offered for the first time by its developer. The Queue uniquely provides residents a combination of luxury finishes and amenities, walkability, and connectivity to downtown and I-95. Attractive total monthly rents are below its competitive set while being centered in the rapidly growing "South of the River" downtown Fort Lauderdale neighborhood.
...
Sold
Queue Apartments
191 Units
817 SE 2nd Avenue
Fort Lauderdale, FL  33316
Closed: 2/21/2018
Property Tours:
  • Wednesday, September 20, 2017
  • Tuesday, September 26, 2017
  • Wednesday, October 4, 2017
  • Thursday, October 19, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 712-unit Lexington Portfolio consisting of two apartment communities (Raintree and Stoney Brooke) located in Lexington, Fayette County, Kentucky. The properties share a similar vintage and location, sitting adjacent to one another, offering new ownership economies of scale and operational efficiencies. With limitations on new multifamily, submarket occupancy and rents have continued to climb, leading to strong property performances. With demand for upgraded units in the submarket, the Lexington Portfolio is an excellent opportunity to acquire a true value-add investment.

...
Sold
Lexington Portfolio (2 properties, 712 units)
Raintree
480 Units
175 N. Locust Hill Drive
Lexington, KY  40509
Type: Conventional
Closed: 2/21/2018
Property Tours:
  • Wednesday, September 20, 2017
  • Tuesday, September 26, 2017
  • Wednesday, October 4, 2017
  • Thursday, October 19, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 712-unit Lexington Portfolio consisting of two apartment communities (Raintree and Stoney Brooke) located in Lexington, Fayette County, Kentucky. The properties share a similar vintage and location, sitting adjacent to one another, offering new ownership economies of scale and operational efficiencies. With limitations on new multifamily, submarket occupancy and rents have continued to climb, leading to strong property performances. With demand for upgraded units in the submarket, the Lexington Portfolio is an excellent opportunity to acquire a true value-add investment.

...
Sold
Lexington Portfolio (2 properties, 712 units)
Stoney Brooke
232 Units
175 North Mt. Tabor Road
Lexington, KY  40509
Type: Conventional
Closed: 2/21/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Murano at Grande Lakes (the Property). Murano is an iconic suburban residential mid-rise located in South Orlando, just south of the Beachline Expressway directly across John Young Parkway from Darden Restaurants 650,000 corporate Headquarters, and just north of the 500-room Ritz Carlton and 1,000-room, JW Marriott. It is strategically located between Orlando’s International Drive Tourist Corridor and the Orlando International Airport.

Murano is where luxury living meets a premier Orlando location. This coveted and irreplaceable four-story, surfaced parked asset opened in April 2016 and comprises 240 luxury apartment homes and 434 parking spaces. Upgraded finishes and resort-style amenities blend modern living with all the traditions of home.

...
Sold
Murano
240 Units
9932 Grande Lakes Blvd
Orlando, FL  32837
Type: Conventional
Closed: 2/20/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 386-unit Oaks at Northgate and Leon Court apartment community in the Durham, NC MSA. Recently renovated in 2016 /2017, the property is located in a rapidly expanding jobs market that will outpace multifamily supply by a 14:1 ratio (in 2019); and is also in close proximity to key employers, retail centers, and thriving Downtown Durham (2 miles). The property’s immediate submarket zone boasts immense pricing velocity for recent single family and multifamily trades that currently sit above the broader submarket average 6% and 26%, respectively. New ownership has the opportunity to capture a potential 82% boost to NOI through a proven, multi-pronged value-add program. The $1 Million recently spent on exterior improvements offers investors a jump-start to realize this prospective NOI jolt within a shorter time-frame.
...
Sold
Oaks at Northgate & Leon Court
386 Units
1200-1306-C Leon Street
Durham, NC  27705
Type: Conventional
Closed: 2/16/2018
Sold
Cottages of Fall Creek
753 Units
5653 Brendon Way W. Drive
Indianapolis, IN  46226
Closed: 2/15/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 96-unit Planters Trace apartment community. The property is located in the heart of the West Ashley neighborhood just minutes from Downtown Charleston. With convenient I-526 access, Planters Trace is located within close proximity to Downtown Charleston as well as major employment centers including Boeing (8,200 jobs), Joint Base Charleston (36,000 jobs), the new Mercedes-Benz plant (1,300 jobs) and Volvo plant (2,000 jobs). With recent targeted capex programs complete, new ownership will have the opportunity to complete the in-place value-add program (84% of units remaining) and add nearly $80,000 in annual NOI.
...
Sold
Planters Trace
96 Units
2222 Ashley River Road
West Ashley, SC  29414
Type: Conventional
Closed: 2/15/2018
Sold
Carlyle at South Mountain
552 Units
5151 East Guadalupe Road and 5102 East Piedmont Road
Phoenix, AZ  85044
Type: Conventional
Closed: 2/13/2018
Sold
Bailey Park of Brownsburg
66 Units
7774 Bedford Ct.
Brownsburg, IN  46112
Closed: 2/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 373-unit Avondale Forest apartment community located in Decatur, DeKalb County, Georgia. This asset is situated in walking distance of MARTA transit, just 2.4 miles east 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 1971 and 1974, Avondale Forest offers an outstanding opportunity to invest in an asset perfectly positioned for value-add returns.
...
Sold
Avondale Forest
373 Units
3330 Mountain Drive
Decatur, GA  30032
Type: Conventional
Closed: 2/7/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 50-unit Jackson Place apartment community located in northeast suburban Atlanta, Jackson County, Georgia. Strategically located across from Northridge Medical Center and near numerous employment drivers, this boutique asset is less than 2 miles from I-85 and U.S.-Hwy. 441, and Tanger Outlet Commerce is 2.4 miles north. Built in 1997, Jackson Place offers an outstanding value-add opportunity in Atlanta’s Northeast Corridor, which is projected to outpace the rest of Atlanta Metro in population growth through 2030.
...
Sold
Jackson Place
50 Units
136 Victoria Way
Commerce, GA  30529
Type: Conventional
Closed: 2/6/2018

Cushman & Wakefield’s Central Midwest Multifamily Advisory Group proudly presents Pinegate East Apartments, a 222 unit, Class A apartment community located in one of the country’s most affluent and sought after counties, Johnson County, Kansas. Built in 1985 to condo standards, and still owned and meticulously maintained by the original developer, the property offers best-inclass amenities and attractive and fresh interior and exterior finishes that rival new communities in the market.

Pinegate East, located adjacent to I-35, the main commuter artery through the Kansas City metro area, is proximal to both the CBD and suburban employment centers, as well as all the area’s premier shopping districts.

With a long history of 96% occupancy and continuously climbing rents, Pinegate East offers investors an exceptional location and asset quality with significant rental upside in one of the country’s most desirable submarkets.

...
Sold
Pinegate East
222 Units
9002 West 64th Terrace
Merriam, KS  66202
Type: Conventional
Closed: 2/1/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in The Falls at Arden (the “Property”), a 272-unit apartment community located in Sacramento, California. Situated six miles east of Downtown Sacramento and two miles from California State University Sacramento, the Property provides residents convenient access to the region’s major employment centers. Upscale retail, dining, grocery and entertainment options are also in the immediate vicinity.

The Falls at Arden was built in 1986 and over $3.6 million worth of interior and exterior improvements have been completed since March 2016. The Property has a favorable mix of 72 studio units, 144 one-bedroom units, and 56 two-bedroom units. The clubhouse and fitness center have undergone a complete renovation while washers and dryers have been added to approximately 70% of the one and two bedroom units. These improvements have resulted in effective rent growth of 15.6% over the past 12 months.

...
Sold
The Falls at Arden
272 Units
2345 Northrop Avenue
Sacramento, CA  95825
Type: Conventional
Closed: 2/1/2018
Sold
Towne View
88 Units
5 Crosby Road
Mooresville, IN  46158
Type: Conventional
Closed: 2/1/2018
Sold
Brentwood Court Apartments
197 Units
5307-5325 Marconi Avenue
Carmichael, CA  95608
Type: Conventional
Closed: 1/31/2018
Cushman & Wakefield is please to offer Mission Palms, a 125-unit, boutique style garden apartment community located in the highly desirable North Central area of Phoenix, Arizona. Mission Palms features a mix of one and two bedroom floor plans in an attractive park-like setting. Mission Palms' location on North 16th Street provides easy access to the major employment centers of the Camelback Corridor, Midtown and Downtown Phoenix as well as one of the Phoenix area's most dynamic restaurant scenes. Mission Palms also provides close proximity to shopping at Biltmore Fashion Park, the AZ-51 Freeway and the Phoenix Mountain Preserve.

Mission Palms offers five floor plans, a clubhouse, a WiFi-enabled coffee house, swimming pool and spa, barbecue areas, fitness center, laundry facility and gated access. Interior amenities include all-electric kitchens with dishwashers, vertical blinds and mini-blinds, pantries and walk-in closets in select units, ceiling fans, extra storage and private balconies/patios in select units.

...
Sold
Mission Palms
125 Units
6131 N. 16th St.
Phoenix, AZ  85016
Closed: 1/31/2018
Cushman & Wakefield/The Lund Company (“C&W/Lund”) is pleased to present the Grandridge Apartments, located in Northwest Omaha, Nebraska. The property contains 470 homes, 432 garden-style apartments and 38 townhomes. Grandridge offers an investor the opportunity to acquire 470 units in a well-maintained community with a value-add component in the desirable and stable Omaha market. Grandridge benefits from an outstanding location next to an Elementary school, walking distance to grocery and quick interstate access. Residents benefit from short commutes to both the Omaha CBD and the busy West Dodge Corridor.

Grandridge allows investors to capitalize on Omaha’s well-diversified and stable economy fortified by nine Fortune 1000 companies, a burgeoning innovation scene and a fiscally-sound government. The Property is also minutes from premier universities, health centers and new developments. Most notably, the $1.2 Billion, 500 Acre, Boys Town redevelopment, with a plan for 1.4 million square feet of office, 500,000 square feet of retailer, a 300-room hotel, 1,500 apartments, 140 town houses and 440 single-family houses.

...
Sold
Grandridge
470 Units
5439 North 100th Plaza
Omaha, NE  68134
Type: Conventional
Closed: 1/25/2018
Property Tours:
  • Wednesday, October 18, 2017
  • Wednesday, October 25, 2017
  • Wednesday, November 1, 2017

Please contact one of the brokers listed on this page to discuss or schedule a tour.

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit apartment community located in Athens, Clarke County, Georgia. This asset is situated in the strategically-located neighborhood of northwest Athens. Built in 1972, Westside Commons offers an outstanding opportunity to invest in an proven value-add opportunity.

...
Sold
Westside Commons
137 Units
205 Westchester Drive
Athens, GA  30606
Closed: 1/23/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 350-unit Legacy Key apartment community, located in north Atlanta’s affluent city of Sandy Springs. Flanked between Roswell Road and Georgia-400, Legacy Key is situated within the Perimeter Center submarket: one of metro Atlanta’s largest employment bases and one of the Southeast’s largest Class A corporate office markets. With over $2M ($6K per unit) in capital improvements spent over the last two years, current ownership repositioned the property via exterior and amenity enhancements. Legacy Key offers a value-add continuation program within a high organic rent growth submarket, allowing new ownership to focus on maximizing value.
...
Sold
Legacy Key
350 Units
8800 Dunwoody Place
Sandy Springs, GA  30350
Type: Conventional
Closed: 1/19/2018