The Fairway, a 167-unit, 298-bed student housing community, enjoys a strategic position near Purdue University’s bustling campus. With over 58,000 students within walking distance, The Fairway is poised to capture demand from an expanding student base seeking an attainable rental price point compared to new-construction properties which are 27.6% more expensive with an average market rent of $1,139 per bed.

The Fairway was originally constructed in the 1960s and had a third phase delivered in 2007. In 2018, all 12 buildings received extensive renovations, including brand-new appliances, in unit washer/dryer, upgraded flooring, stylish countertops, and modern cabinets. The property boasts ample amenities, including a pool, hot tub, fitness center, community room, and fenced dog park.

Recently renovated, well-amenitized, off-campus student housing

a. Recently renovated units featuring in unit washer/dryer, stainless-steel appliances, vinyl plank flooring, quartz countertops and modern cabinets

b. Full amenity package featuring a pool, hot tub, fitness center, community room, and fenced dog park

c. Well positioned just one mile from Top 10 Nationally Ranked Purdue University - over 58,000 students and 18,000+ employees

d. Immediate access to top retailers including grocers Walmart, Fresh Thyme, and Aldi, along with major convenience stores Walgreens and CVS

Record setting applications & minimal supply

a. Record number of applicants – Purdue University saw 7.8% YOY growth in applications for the 2024/25 school year with 78,526 submissions, and a 37.1% cumulative increase over the past 5 years

b. Outsized rent growth and tight occupancy driven by record enrollment - 16.6% rent growth in 2024 at Purdue with 98.8% occupancy, with 10.4% average YoY rent growth over the past 5 years for off-campus housing

c. Full-time enrollment dramatically outpaces supply – with 12,936 beds, off-campus supply equates to 26.2% of full-time enrollment, and only grew 3.9% (1,105 beds) in 2024 compared to a 10.6% increase in full-time enrollment

Opportunity to invest capital to elevate the asset and push rent

a. Despite being in receivership since December 2023, the asset has seen rent grow a staggering 17.2% from $761 per bed in 2024/25 to pre-leasing at $892 per bed for the 2025/26 school year

b. Average Off-Campus Rent/Bed is $1,078, a $186 gap that can be taken advantage of with additional capex to improve property condition, rejuvenating amenities, implementing a shuttle service and furnishing the units

The property is well-maintained and owned by the original developer. 29 of the 150 units are fully renovated with kitchens and bathrooms allowing future ownership to continue in-unit renovations and expand the rent growth potential as the units turn.

Lamplighter Village is ideally located close to McCarrons Park and just minutes away from Como Park with a wide variety of restaurants in walking distance. In addition, the property is close to the Mississippi River, major freeways, public transportation, and both St. Paul and Minneapolis’ Central Business Districts.

Lamplighter Village represents a prime opportunity to acquire a well-maintained asset with strong historical occupancy, using attractive debt options and the potential to significantly reduce property taxes through the St. Paul 4D Program.

Newly completed in 2021, the Eastview Apartments is a well-appointed multifamily property featuring spacious (over 1,500 SF) three-bedroom, two-bathroom units with separate utilities. All units include LVP flooring, stainless steel appliance packages, and quartz countertops.

The property is located just off I-94 and is an 8-minute drive to downtown St. Paul offering convenient access to major employment centers. The property is also ideally situated near the eastern suburbs of Maplewood, Oakdale, and Woodbury with easy access to 3M headquarters, a multitude of shopping opportunities, and the rest of the Twin Cities. The Eastview Apartments is also within walking distance of the bus line.

The Eastview Apartments represents a prime opportunity to acquire a newly constructed, highly sought after, stabilized property at a significant discount to replacement cost.

The Eastview Apartments can be purchased together with Red Mill Apartments or separately.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of The Vivian, a 325-unit generational multifamily asset with best-in-class amenities and top-notch finishes, thoughtfully situated on the highly desirable Atlanta BeltLine. The Vivian is not only a short walk to over 850K+ SF of local restaurants, shops, breweries, co-working & recreational spaces, but it is also embedded within the high demand neighborhood of Capitol View.

The property attracts Atlanta’s young professionals, achieving a $97K average household income and a ~4.5x Income-to-Rent ratio, benefitting from the proximity to Atlanta’s best universities, hospitals, and largest job nodes. Additionally, The Vivian has highly accretive tax abatements which provide nearly $8M of additional proceeds and a ~290-basis point boost to the additional average annual yield.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Eden at Lakeview, a 255-unit generational investment opportunity strategically located on the very desirable Alpharetta Alpha Loop. The property’s high-quality construction with unique amenities and modern finishes (large kitchen island, gas range/stove, tile to the ceiling in the bathrooms) attracts an impressive resident base with a ~$185K average household income. Eden at Lakeview boasts four fully leased retail bays totaling 11,954 SF. Also, this asset is within close proximity to several community lifestyle amenities, such as Downtown Alpharetta, Avalon and Halcyon.

Additionally, the property has a highly accretive 10-year tax abatement with its first effective year being 2025, which provides $6.5M of additional loan proceeds and a ~110-basis point boost to the additional average annual yield.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Willows at Grande Dunes, a premier 321-unit multifamily community located in the fastest growing region in the country, Myrtle Beach, SC. Built in 2023, this institutional asset is strategically located alongside Hwy 17, in the sought-after Grande Dunes neighborhood, providing residents with seamless connectivity to major employment centers and retail. Residents continue to migrate to Myrtle Beach due to the low cost of living, highly ranked school districts, accessibility, and the vibrant culture and entertainment. The immediate area surrounding the property boasts long-term fundamentals, including skyrocketing home values (135% increase in mortgage payments), blue-chip demographics ($151K+ avg. HHI), and 79K+ jobs within a 25-minute drive.

Willows at Grande Dunes also offers residents a “Grande” experience, including modern interiors, elevators in each building, pickleball courts, and a poolside putting green. With the property approaching 90% occupancy, the property is primed to benefit from the summer leasing season as well as capitalize on second generation leasing, in order to bridge the rent delta to top-of-market competitors.

The Cushman & Wakefield Florida Multifamily Group is pleased to present the 120-unit Tidewater at Atlantic Beach multifamily community located in Atlantic Beach, Florida.