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Lloyd Place
48 Units
1808 Lloyd Street
Bellevue, NE  68005
Closed: 4/30/2018
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Flats at Switch
101 Units
9 Municipal Drive
Fishers, IN  46038
Closed: 4/24/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Enclave at Rivergate - a 216-unit, 2009-built core-plus opportunity immersed in the rapidly growing Charlotte, NC suburb of Steele Creek. The affluent ($86,638 avg. HHI) and rapidly growing area has swelled 24% since 2010 and is expected to grow an additional 22% through 2022 as incomes are expected to grow by 14% ($98,700). The well-constructed asset boasts the largest average unit size in the submarket (25% larger on average) and is ideally positioned for a multi-layered value-add program yielding a 23% increase in annual NOI. The property is ideally situated in a thriving submarket with the lowest concession level in the MSA, favorable supply/demand dynamics and a submarket-supported rent growth runway of $148 - $296.
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The Enclave at Rivergate
216 Units
12400 Toscana Way
Charlotte, NC  28273
Type: Conventional
Closed: 4/24/2018

Plantation at Walden Lake is a 352-unit, garden apartment community located in Plant City, Florida. The property was constructed in phases from 1990-1994, consisting of 23, two-story apartment buildings situated on 43+ acres. The Property offers a mix of well-appointed one-, two- and three-bedroom apartments along with a comprehensive array of recreational and community amenities.

Plantation at Walden Lake has had the benefit of attentive, professional management and the property is in excellent physical condition. During the past 3 years, the seller has invested $1.8 million in capital improvements, including community amenity enhancements and interior updates to 43 (12%) of the units. The significant number of un-renovated units positions Plantation at Walden Lake as an exciting value-add investment opportunity.

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Plantation at Walden Lake
352 Units
1400 Plantation Boulevard
Plant City, FL  33567
Closed: 4/19/2018

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.0 acre, high density multifamily development site in Phoenix's rapidly transforming Central Corridor. This rare site is located along the Valley Metro Ligh Rail, with a station within walking distance of the property.

Phoenix's urgan revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University's downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus.

The opportunity consists of eight parcels with a combined total of ±86,095 square feet of developable land on the northeast corner of Central Avenue and Columbus Avenue. This transit oriented development site is bound by three streets and provides for intense densities and height.

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Central & Columbus Dev Site
1.98 Acres
3617 North Central Avenue
Phoenix, AZ  85012
Type: Land
Closed: 4/12/2018
Property Tours:
  • Tuesday, September 12, 2017
  • Tuesday, September 19, 2017
  • Tuesday, September 26, 2017
  • Tuesday, October 3, 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 230-unit Villas at West Ridge apartment community located in high-barriers west suburban Atlanta, Douglas County, Georgia. Douglas County is projected to grow by 70% during the next 20 years, a rate more than double that forecast for the Atlanta MSA. Built in 2003 by Davis Development, one of the Southeast’s premier apartment developers, Villas at West Ridge offers proximity to prolific employment centers and proven value-add potential.

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Villas at West Ridge
230 Units
7850 Lee Road
Lithia Springs, GA  30122
Type: Conventional
Closed: 4/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 100-unit Sunchase apartment community located in Dougherty County. This asset is strategically-located off Liberty Expressway in Albany, GA. Built in 1997 / 1998, residents of Sunchase enjoy close proximity to several major employers and destination retail. This well positioned asset is poised for significant rent growth through a value-add strategy.
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Sunchase
100 Units
1308 Hobson Street
Albany, GA  31705
Type: Conventional
Closed: 4/10/2018
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Paragon Apartment Homes
216 Units
Closed: 4/4/2018
Sold
Palm Islands
402 Units
401 NW 34th Street
Pompano Beach, FL  33064
Type: Conventional
Closed: 3/30/2018
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Pinewood Village
81 Units
5400 W. 10th Street
Indianapolis, IN  46224
Closed: 3/30/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 574-unit, 1971-1986 built Reserve at Providence. The property offers a well-located value-add opportunity with economies-of-scale in a premier, high barriers-to-entry submarket with a dwindling supply of Class B properties. The property offers a proven value-add program ($150 - $294 premiums) with 83% of the units remaining (478 units) to be renovated. In addition, further upside remains as value-add competitors and newer competition are averaging rents from $232 to $418 higher than Reserve at Providence.
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Reserve at Providence
574 Units
5931 Providence Road
Charlotte, NC  28226
Type: Conventional
Closed: 3/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Myrtle Landing, a 144-unit townhome community in Wilmington, NC. Newly constructed in 2017, the asset is firmly cemented along the path of development in South Wilmington and offers the only low-density, condo-grade townhome community in the MSA. Myrtle Landing is primed to benefit from both pent-up organic rent surges and a market-supported rent runway, offering the unique opportunity to acquire a Class-A asset with substantial rent growth potential. In addition, the property offers investors a legitimate condo conversion exit strategy in a market with exploding population, striking demographics, and a high concentration of wealthy retirees.
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Myrtle Landing
144 Units
7220 Myrtle Grove Road
Wilmington, NC  28409
Type: Conventional
Closed: 3/23/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Wedgewood Townhomes, a 122-unit townhome community in North Charleston, SC. Built in 1984, the property boasts an attractive unit mix of spacious townhomes that are 204 SF larger than the competitive submarket average. The property is in the midst of a positive operational trend - trailing six-month and three-month EGI sit +1.42% and +3.82% above trailing twelve-month levels, respectively. New ownership has the opportunity to leverage this up-tick, and realize a potential 51% boost to annual NOI through completion of a market-supported upgrade package - to bring trailing rents to the submarket average. The asset is also well-positioned in a booming submarket - +31% rent growth since 2012 - as residents enjoy close proximity and seamless access to the area’s major economic drivers and retail corridors.
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Wedgewood Townhomes
122 Units
4791 Apartment Boulevard
North Charleston, SC  29418
Type: Conventional
Closed: 3/23/2018
Property Tours:
  • Wednesday, October 25, 2017
  • Wednesday, November 1, 2017
  • Wednesday, November 8, 2017
  • Wednesday, November 15, 2017
  • Wednesday, November 29, 2017
  • Wednesday, December 6, 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 220-unit Wildwood at Villa Rica apartment community, located in Carroll County, Villa Rica, GA. This asset is part of the booming Atlanta MSA, projected to be one of the top metros for job growth through 2020. The asset’s position just south of the GA-61/I-20 interchange offers it access to all of Atlanta’s major job hubs, including more than 80M SF of office and industrial space. Limited apartment supply in Carroll County has created a solid apartment market and is driving strong performance at the property. With strong demand for high-end finishes and proven value-add within its competitive set, Wildwood at Villa Rica is primed for an interior and amenity repositioning.

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Wildwood at Villa Rica
220 Units
540 S. Carroll Road
Villa Rica, GA  30180
Type: Conventional
Closed: 3/22/2018
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The Boutique
43 Units
8000 NE Bayshore Court
Miami, FL  33138
Type: Conventional
Closed: 3/19/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Oak Creek Village, a 501-unit 1972-built (substantially renovated in 2007) apartment community in Durham, NC. The property has 648 feet of frontage on U.S. 15-501 (Durham-Chapel Hill Boulevard), the major artery between downtown Durham and Chapel Hill. The nearby I-40 interchange provides further connectivity to Research Triangle Park, Raleigh, and Greensboro. The opportunity offers multiple value-add investment strategies, where NOI growth of varying levels is available depending on the scale of investment. There is a "plug and play" approach where minor capital investment results in 21% NOI growth and a full-scale approach with interior upgrades where 67% NOI growth is available. Investors can benefit from one or a combination of both options.
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The Garrett (Oak Creek Village)
501 Units
4230 Garrett Road
Durham, NC  27707
Type: Conventional
Closed: 3/15/2018
Cushman & Wakefield is pleased to offer Timberline Place, 102 Class A condominium units available for bulk purchase located within the 204 unit Timberline Place Condominiums community in Flagstaff, Arizona. The residents of Timberline Place are offered a choice of four different one, two and three bedroom floor plans. Each unit features 9-foot ceilings, alarm system, ceiling fans, full size washer/dryer, gas fireplace, complete kitchen and a private patio or balcony. Residents of Timberline Place are offered Flagstaff’s highest end amenity package, including a heated pool and spa, outdoor fireplace and lounge, clubhouse complete with kitchen, flat screen television and java bar, fitness center, yoga studio, indoor basketball court, cedar lined sauna, WiFi and attractive grounds with covered ramadas, barbecues and golf course views.
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Timberline Place
102 Units
4343 East Soliere Avenue
Flagstaff, AZ  86004
Closed: 3/13/2018

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present The House Residence at 250 Collins, 27 fully renovated residences located at 250 Collins Avenue in the heart of South Beach. The property allows for multiple investment strategies including hotel, apartments, short-term rentals, condo-conversion and condo hotel. The property has just completed a multi-year renovation which offers ultra high-end finishes including custom kitchens with quartz counters, high-end white lacquered cabinets and Miele appliance packages. Added into the redesign are a third floor glass penthouse level and a fourth floor roof top pool and sun deck. This truly is a turnkey, high-end boutique residence that does not exist South of 5th on Miami Beach.

The property provides spacious units averaging 702 square feet including 16 1bd/ba; 8 2bd/2ba; and 3bd/2ba units. 250 Collins is located in SOFI (South of Fifth) neighborhood, which is considered the most desirable in South Beach.

The property will be offered branded as The House Residence, a well-established international hospitality brand of hotels and residences. The brand translates into access to repeat Miami visitors from Europe and the Middle East as well as The House Collection’s international database of 40,000+ contacts. While the property is offered as a branded House Residence, if a purchaser has alternative plans for the property, this can be easily facilitated.

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250 Collins / Moravia
28 Units
250 Collins
Miami Beach, FL  33139
Closed: 3/12/2018
Property Tours:
  • Wednesday, August 16, 2017
  • Wednesday, August 23, 2017
  • Wednesday, August 30, 2017
  • Wednesday, September 6, 2017
  • Wednesday, September 13, 2017
  • Wednesday, October 11, 2017
  • Wednesday, October 18, 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 146-unit Lofts at College Hill apartment community in Macon, Bibb County, Georgia. Completed in 2015 in Macon’s rapidly-expanding downtown market, this modern midrise asset represents the ultimate in new Macon-area apartment construction and is targeted towards the high-growth Mercer University submarket. Lofts at College Hill presents an outstanding opportunity to invest in a unique walkable urban-infill development with best-in-market features and amenities, which include a retail component.

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Lofts at College Hill
146 Units
1305 and 1345 Hardeman Avenue
Macon, GA  31201
Type: Student
Closed: 3/6/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 468-unit Riverchase Landing apartment community located in the desirable Hoover suburb of Birmingham, Alabama. This asset maintains an exceptional location within the Riverchase PUD, which encompasses over 10,000 jobs and the State’s largest concentration of retail (2.8 million square feet). Hoover is heavily sought after by investors with its top quality schools (ranked 4th in Alabama) and tough restrictions on new multifamily zoning. Built in three phases between 1984-1992, Riverchase Landing offers the investor an attractive multifamily asset with the submarket’s largest floorplans and an in-place value add campaign.
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Riverchase Landing
468 Units
200 River Haven Circle
Hoover, AL  35244
Type: Conventional
Closed: 3/6/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 112-unit Cascade Oaks apartment community located in west metropolitan Atlanta, Fulton County, Georgia. This asset is strategically situated equidistant from I-285 and the prolific I-20 corridor, just 10 miles west of downtown Atlanta. Built in 1968, Cascade Oaks is an outstanding investment opportunity with substantial market-supported value-add potential.
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Cascade Oaks
112 Units
3820 Old Cascade Road SW
Atlanta, GA  30331
Type: Conventional
Closed: 3/1/2018

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Preserve at Pine Valley, a 219-unit apartment community in Wilmington, NC. Located in a market with exploding population, striking demographics, and a booming economy, The Preserve at Pine Valley is poised to benefit from a market-supported rent runway. Operational trends at the property have responded well to a recent $825,000 CapEx injection as monthly collections have grown 20% since Sept-16. With almost all of the units at The Preserve at Pine Valley remaining in their original state and rents resting $195 below the submarket average, new ownership can focus on a market supported interior value-add initiative that is proven to boost annual NOI by more than 38%.

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The Preserve at Pine Valley
219 Units
3314 Wickslow Road
Wilmington, NC  28412
Type: Conventional
Closed: 2/28/2018
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Willow Crossing
579 Units
1031 Charlela Lane
Elk Grove Village, IL  60007
Closed: 2/28/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of a 392-unit, two property portfolio located in Pensacola, Florida. Arbor Club and Ashley Club offer superior locations in close proximity to employment, and quality retail/recreational amenities. Both of the properties have received significant renovations since 2013 (293 units) and are achieving rent premiums and increased revenue. Built in 1986, these properties represent an outstanding opportunity to invest in a supply constrained submarket with further revenue growth potential by completing renovations to the un-renovated units at the properties.
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Arbor Club & Ashley Club (2 properties, 392 units)
Arbor Club
168 Units
700 College Boulevard
Pensacola, FL  32504
Type: Conventional
Closed: 2/27/2018