The Mark at Fishers District, a 260-unit, 2020-built apartment community located in the heart of vibrant and growing Fishers.

The property offers everything high-income dwellers are looking for; walkability to Fishers’ best dining and retail, the most luxurious and comprehensive amenity set, high-end unit finishes, and convenience to employment.

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

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Mark at Fishers District
260 Units
11547 Yard St Suite 850
Fishers, IN  46037
Type:  Multifamily
Closed: 9/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 197-unit multi-asset portfolio located in Warner Robins, Houston County, Georgia. The assets are situated strategically just 2 miles from Robins Air Force Base, which recently added 1,200 tech and cyber security related jobs to Warner Robins. Built during the early 60’s through mid- 80’s, Briardale and Brandon Court I & II represent an outstanding opportunity to invest in value-add ready assets in a superb submarket with strong growth indicators and market fundamentals, as Middle Georgia maintains its place as one of Georgia’s leading secondary markets.
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Warner Robins Value-Add Portfolio (2 properties, 197 units)
Brandon Court I & II
141 Units
2241 Moody Road
Warner Robins, GA  31088
Type:  Multifamily
Closed: 9/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 197-unit multi-asset portfolio located in Warner Robins, Houston County, Georgia. The assets are situated strategically just 2 miles from Robins Air Force Base, which recently added 1,200 tech and cyber security related jobs to Warner Robins. Built during the early 60’s through mid- 80’s, Briardale and Brandon Court I & II represent an outstanding opportunity to invest in value-add ready assets in a superb submarket with strong growth indicators and market fundamentals, as Middle Georgia maintains its place as one of Georgia’s leading secondary markets.
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Warner Robins Value-Add Portfolio (2 properties, 197 units)
Briardale
56 Units
308 Orchard Lane
Warner Robins, GA  31093
Type:  Multifamily
Closed: 9/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 2002-built, 60-unit Century Oaks on College apartment community located in Greensboro, NC. The asset is situated in burgeoning West Greensboro less than 7 miles from the expanding Piedmont Triad International Airport and in close proximity to a variety of retail options. The plethora of employers located in this submarket have driven submarket fundamentals such as population, household income, and rent growth significantly upward in recent years. The surrounding areas truly mirror the Greensboro economy’s recent shift toward expanding its white-collar workforce through educational attainment and growing financial and tech market sectors. New ownership has the opportunity to boost NOI by nearly 43% by implementing a proven interior renovation program.
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Century Oaks at College
60 Units
337 Guilford College Road
Greensboro, NC  27409
Type:  Multifamily
Closed: 9/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Plaza at Windsor Hills, a 200-unit apartment community located in Austin, Travis County, Texas. This asset is situated in the Windsor Hills area of burgeoning Northeast Austin, surrounded by multiple major job hubs. Built in 1983, The Plaza at Windsor Hills represents an outstanding opportunity to invest in a cash flowing asset with proven value-add potential, and stellar future rent growth projections, in one of the hottest markets in the nation.
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The Plaza at Windsor Hills
200 Units
9601 Middle Fiskville Road
Austin, TX  78753
Type:  Multifamily
Closed: 9/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 252-unit Oak Ridge at Pelham apartment community located in the burgeoning Greenville, SC area. This asset is situated in the highly coveted Thornblade neighborhood characterized by an affluent and educated demographic pool as HHI’s are $115k+, 52% of people have a bachelor’s degree or higher, and 75% are white collar employees. Built in 1986, Oak Ridge at Pelham presents an outstanding opportunity to invest in an extremely well maintained asset within the thriving Greenville market distinguished by attractive multifamily fundamentals, a diminishing multifamily development pipeline and an opportunity to achieve $150 average rent premiums through a Class-A value-add 2.0 campaign.
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Oak Ridge at Pelham
252 Units
150 Oak Ridge Place
Greenville, SC  29615
Type:  Multifamily
Closed: 9/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Mosby University City, a 309-unit newly built apartment community located in Charlotte, NC. The property is ideally situated in the University City submarket of Charlotte. This booming submarket is highlighted as one of Charlotte’s largest employment centers (~75k total employees), features 23 Fortune 500 companies, 430 Retail locations, 11M SF of office space, the University of North Carolina at Charlotte, and direct access to the Lynx Light Rail through multiple stations. The property offers large floorplans coupled with premier, luxury features, with ideal lifestyle amenities conveniently located nearby. Mosby University City presents an outstanding opportunity to invest in a newly built Class A institutional-quality asset located in a thriving submarket that offers organic rent growth through rental headroom from nearby competitors.
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Mosby University City
309 Units
404 Gallop Lane
Charlotte, NC  28213
Type:  Multifamily
Closed: 9/17/2021
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Sunbelt Multifamily Advisory Group, is pleased to present the exclusive listing of the 93-unit, 286-bed, The Haven of Athens student housing apartment community, located in Athens, Georgia. This new construction, cottage style community is situated in a highly desirable location, offering residents unique flexible floorplans and includes premier and modern amenities and state-of-the-art smart home features. The property completed construction in Fall 2020 and delivered at 100% occupancy and has since achieved 100% prelease for Fall 2021. The Haven offers a stabilized Class “A” investment opportunity in the thriving and nationally recognized University of Georgia market.
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The Haven of Athens
93 Units | 286 Beds
135 Kentucky Circle
Athens, GA  30605
Closed: 9/17/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire LaVida Apartments at Blue Lagoon (the “Property”) - a Class-AAA, 272-apartment-home, luxury midrise residential community located in Miami, Florida. The property is strategically located just minutes south of Miami International Airport at the key intersection of the Dolphin and Palmetto Expressways. Situated at the perimeter of Waterford Business District - the 250-acre Class “A” office park, LaVida provides a true live-work opportunity to over 12,000 campus employees.

LaVida Apartments at Blue Lagoon is being offered for the first time by its developers, Pinnacle and Ascend Properties, and presents a rare opportunity to acquire a new construction, stabilized Miami-Dade luxury apartment community within the picturesque Blue Lagoon neighborhood of Central Miami.

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LaVida
272 Units
6600 NW 7th Street
Miami, FL  33126
Closed: 9/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of YOO on the Park, a Core asset in an irreplaceable Midtown Atlanta location. A true luxury collector’s aspiration, YOO on the Park is the closest multifamily high-rise to Atlanta’s renowned 185-acre Piedmont Park. Featuring striking unobstructed skyline views, the property offers short walks to the Atlanta Botanical Garden and the Atlanta BeltLine Trail, as well as many other popular Midtown destinations. Sustained by its location and an extraordinary high style design aesthetic, YOO on the Park affords an energetic urban lifestyle sought-after by affluent Atlantans. The property is perfectly positioned to benefit from Midtown’s robust economic growth and 30K+ jobs arriving over the next 2-3 years. As the product of an experienced developer with unique attention to detail, YOO on the Park is primed for substantial investment appreciation.
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YOO on the Park
242 Units
207 13th Street
Atlanta, GA  30309
Type:  Multifamily
Closed: 9/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Capital Club at Indian Land, a 312-unit, 2020-built Class A community located in one of Charlotte’s most up-and-coming submarkets, Indian Land. This affluent South Carolina submarket is defined by its high-income, white-collar workforce resident base, highly-rated school system, and expansive population growth over the past decade. Among the limited Class A supply in Indian Land, Capital Club at Indian Land stands apart with its differentiated Build to Rent Townhome component and best-in-class, premier amenity package available to its impressive resident demographics. The property’s proximate location to major local employers, retail and entertainment options, and ideal access to the established job nodes of affluent Ballantyne and SouthPark offer residents of Capital Club an ideal mix of lifestyle amenities and deep employment options. Capital Club at Indian Land represents a fantastic opportunity to invest in a newly built, Class A community with impressive leasing velocity, favorable market rent projections, and recent leasing activity already proving out higher rents during lease-up.
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Capital Club at Indian Land
312 Units
2278 Capital Club Way
Indian Land, SC  29707
Type:  Multifamily
Closed: 9/14/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 230-unit Park at Tara Lake apartment community located in Jonesboro, Clayton County, GA. This asset is situated in the in-fill Clayton County apartment submarket, characterized by limited new deliveries and strong organic rent growth of 50%+ since 2010. Additionally, Clayton County is currently ranked in the Top-10 in the nation for multifamily rent growth. The area’s performance is propelled by a surge in jobs and industrial growth, making it a prominent manufacturing and logistics hub. Thanks to the strong rent growth and surging economy in Clayton County, Park at Tara Lake is currently signing leases well over its average effective rent. Further, renovated nearby assets provide a clear path to increased income through an interior value-add scenario.
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The Park at Tara Lake
230 Units
7545 Tara Road
Jonesboro, GA  30236
Type:  Multifamily
Closed: 9/14/2021
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Chapel Ridge of Jackson
144 Units
1636 Raymond Road
Jackson, MS  39204
Closed: 9/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Carolinas Value-Add 5 Portfolio - five assets totaling 993 units, located in the desirable submarkets of Columbia, SC, Greenwood, SC, Florence, SC, and Greensboro, NC. The portfolio represents a significant value creation opportunity to invest in strong quality assets that have received a combined +$13.9 million in Capex across two southeastern high-growth states. Situated in bustling micro locations with high barriers to entry, these assets are poised for substantial growth with unparalleled access to a plethora of jobs, higher education, strong household income growth, and seamless connectivity to major thoroughfares. The portfolio arrives with an opportunity to perform a proven, successful value-add campaign on 56% (556) of the units. Built in 1949-1988, the Carolinas Value-Add 5 Portfolio presents an excellent value-add framework to build upon.
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Carolinas Value-Add 5 Portfolio (5 properties, 992 units)
Prosper Fairways
419 Units
1800 Longcreek Drive
Columbia, SC  29210
Type:  Multifamily
Closed: 9/3/2021

The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of Main Street Village, a 400-unit, 2001/2003-built apartment community located in Granger, IN, a high-end area of South Bend.

The acquisition of Main Street Village offers buyers the opportunity to purchase a 2000’s built property in one of the most affluent populations in northern Indiana. The current owner has demonstrated the ability to increase rents through unit upgrades and the current rents are below the nearby competition. With more than 200 units still available to upgrade, a new owner has the ability to continue to increase revenue. Main Street caters well to the high-income population and offers a comprehensive amenity set and a variety of high-end unit finishes. The property is available free and clear.

For access to confidential documents, please register at: mainstreetvillage-cw.com

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Main Street Village
400 Units
5504 Town Center Drive
Granger, IN  46530
Type:  Multifamily
Closed: 9/2/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Michael - 159 fully renovated, Class A units in the heart of Historic Downtown Mobile. Downtown has been truly transformed over the last 5 years and will continue to see an influx of jobs, capital, and residents migrating to the urban core. The Michael is a QOZ (qualified opportunity zone) asset which will provide future ownership with significant tax benefits. Current ownership has spent over $5.2M for full interior, exterior, and amenity renovations - now offering residents luxury finishes with modernized use of space while maintaining walkability to quality dining, shopping, and entertainment options. The Michael represents the rare opportunity to acquire heavily capitalized, well-located, turn-key asset far below replacement cost.
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The Michael
159 Units
758 St. Michael Street
Mobile, AL  36602
Type:  Multifamily
Closed: 9/2/2021
The Cushman & Wakefield Student Housing Capital Markets Team, in conjunction with the Florida Multifamily team, is pleased to present the exclusive listing of 12175 Science Drive, a redevelopment opportunity located in Orlando, Florida. This asset is located adjacent to the University of Central Florida, the largest university in the United States, with leading occupancy and market rent rates. This parcel of land is located in a premier location close to campus and is one of few developable opportunities in the market. This development offers an investor to enter into a top market in the country when demand is at its highest.
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12175 Science Drive
3.82 Acres
12175 Science Drive
Orlando, FL  32826
Type:  Land
Closed: 9/1/2021

The Cushman & Wakefield Multifamily Advisory Group is pleased to present this confidential offering to purchase the Ely at Spring Valley Apartments, in Las Vegas, Nevada. This 180-unit asset was built in 2000 and has recently received a large capital injection in order to implement a strong value-add campaign. The asset is located at the edge of Spring Valley, near Summerlin South, one of the most desirable submarkets in the greater Las Vegas MSA, with nearby shopping, high-end residential communities, & employment hubs.

Summerlin South has the highest rent levels in the Las Vegas valley, and some of the strongest demographics in town as well. The average rents at Ely at Spring Valley are $1,326 per month. Classic units are renting for $1,250 on average and renovated units are renting for $1,488 on average. There’s 11.31% in loss to lease on the current rent roll and rent comps in the immediate area are achieving rents of up to $300 per month more than the renovated rents at Ely at Spring Valley.

Given that Las Vegas saw net in-migration topping 45,000 people in 2020 it’s no surprise that ESMI ranked Las Vegas at #2 on their Talent Attraction Scorecard and Yardi ranked Las Vegas at #5 for rent growth among major metros. Additionally, Las Vegas continues to see limited construction for multifamily, and CoStar projects Las Vegas to be in the top 3 among major metros for rent growth over the next 5 years.

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Ely at Spring Valley
180 Units
9750 Peace Way
Las Vegas, NV
Type:  Multifamily
Closed: 9/1/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of West End at Fayetteville, a 360-unit apartment community located in Fayetteville, North Carolina. The asset is surrounded by the region’s prominent thoroughfares, which provide residents convenient access to the plethora of retail in the immediate area as well as the largest employers in the city, including Fort Bragg. West End at Fayetteville offers investors an opportunity to invest in a strong performing asset with a proven value-add framework asking $75 rent premiums over renovated units. With a limited delivery pipeline and vacancy hovering around record lows at 2.5%, the asset is primed to capitalize on the recession proof Fayetteville market that posted 12.4% rent growth YoY at the end of Q1 2021.
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West End at Fayetteville
360 Units
3050 Plantation Garden Way
Fayetteville, NC  28303
Closed: 9/1/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Emerald Landings (the “Property”) – a 20-unit, luxury townhome community located in Tamarac, Florida. The property was built in 2015 to sell as individual townhomes. No townhomes were sold and the property operates as a single folio and ownership of all units.

Emerald Landings represents the rare opportunity for an investor to acquire a boutique, luxury townhome community without any HOA obligations. The property offers strong in-place income. Current market rents at the property are $2,364 whereas in place effective rents are $2,210 per month. A new investor can recognize revenue upside by eliminating $36,900 or $154/u/m in loss-to-lease by renewing or offering new leases to the units which are at below market levels. A new owner will also have the potential exit strategy of selling the units individually once the “for sale” market stabilizes.

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Emerald Landings
20 Units
7561 NW 88th Terrace
Tamarac, FL  33321
Closed: 8/31/2021

The Cushman & Wakefield Multifamily Advisory group is pleased to present this confidential offering to purchase the Fifty101 Apartments located in Las Vegas, NV. The property is located in the West Las Vegas submarket, with proximity to major employment hubs, such as Downtown Vegas and the world famous Las Vegas Strip.

Ownership has completed a substantial property-wide renovation, including large sunk costs like dual pane windows, while also renovating 60 units to a partial scope and proving rent lifts of $125 per month. A full renovation scope could create an additional $75 worth of lifts while still maintaining a strong position in the rent comp set. Classic units are currently renting for $1.16 PSF, partially renovated units are renting for $1.28 PSF, and fully renovated units are projected to achieve $1.36 PSF. Comps like the Gloria Park Villas, Palermo, and Sahara West are achieving average market rents as high as $1.61 PSF.

ESMI has ranked Las Vegas at #2 on their Talent Attraction Scorecard, and Yardi ranked Las Vegas at #3, nationally, for rent growth amongst major metros. Las Vegas is expected to be in the top 5 major metros for projected rent growth over the next 5 years, and the West Las Vegas submarket is expected to maintain above-average rent growth.

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Fifty101 Apartments
90 Units
5101 OBannon Dr
Las Vegas, NV  89146
Type:  Multifamily
Closed: 8/31/2021

LOCAL LONG-TERM OWNER

Garden Quarter Portfolio is being sold by local long term owner who has self-managed the property during their entire ownership.

6%+ ACTUAL TRAILING CAP RATE

With 95%+ trailing 12 months occupancy and proven rent growth, The Garden Quarter Portfolio provides immediate yield & cash flow. Revenue can be further grown through property enhancements and strong management.

NEAR EMPLOYMENT & GROWTH

The south side of Terre Haute, where 3 of the 4 properties are located, is known as the most affluent area in the city. The average household income within a one mile radius of these properties is over $95,000.

WELL MAINTAINED & DESIRABLE FEATURES

All 4 properties have been well maintained and have unique desirable features that draw in and retain good residents.

IMMEDIATE ECONOMIES OF SCALE

Garden Quarter Portfolio can be purchased with the Cobblestone Crossings 448 units – a total portfolio of 946 units offering immediate presence and economies of scale. The properties may also be purchased individually. For information about the Cobblestone Crossing visit: LINK

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Garden Quarter Portfolio
498 Units
7020 Clubhouse Lane
Terre Haute, IN  47802
Type:  Multifamily
Closed: 8/31/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 260-unit Hawthorne at Sugarloaf apartment community located in Lawrenceville, Gwinnett County, Northeast Atlanta, GA. This asset is situated in the rapidly-growing Gwinnett County, where numerous large-scale developments are set to transform the area. Prime connectivity just off Sugarloaf Parkway gives residents direct access to major nearby job hubs and millions of SF of industrial space. Population growth in this area quickly outpaces multifamily deliveries. Hawthorne at Sugarloaf has been excellently maintained and features an impressive renovated amenity package. With 113 (43%) renovated units already receiving strong rental premiums, there is a clear path to renovate all remaining units and significantly push rents. Built in 2007, Hawthorne at Sugarloaf offers an outstanding opportunity to invest in a well maintained, clear value-add asset in a rapidly-growing industrial economy.
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Hawthorne at Sugarloaf
260 Units
4975 Sugarloaf Parkway
Lawrenceville, GA  30043
Type:  Multifamily
Closed: 8/31/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present Ocean House – the largest garden style multifamily community on Miami Beach. Ocean House is situated on over four-acres with over 750 feet of direct water frontage and totals 186 units in 23 two-story buildings. The property offers a favorable unit mix with 72% of units two or three bedrooms. The property is 97% occupied with exceptional strong collections during COVID-19.

In the past few years ownership has spent over $13 million in renovating the property. All units have been upgraded to one of two finish levels. 96 of the 186 units (±50%) have been upgraded to a “gold standard”. The other 90 units (±50%) have been upgraded to a platinum standard. Platinum units are renting $115 higher per unit per month.

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Ocean House Nobe
186 Units
7750 Tatum Waterway Drive
Miami Beach, FL
Closed: 8/31/2021