The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the 316-unit, Populus Pooler apartment community located in Pooler, Chatham County, Georgia. This asset is situated in the red-hot Pooler submarket west of Downtown Savannah. Built in 2023, Populus Pooler represents an outstanding opportunity to invest in newly constructed institutional garden-style product reaping the benefit of 40K anticipated jobs in the wake of Hyundai Motor Group’s Electric Vehicle Metaplant announcement (15 miles from property).
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Populus Pooler
316 Units
5000 Populus Parkway
Pooler, GA  31322
Type:  Multifamily
Closed: 10/30/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 88-unit 18Thirty apartment community located in Madison, Davidson County, Tennessee. This asset is situated in the rapidly-expanding suburban neighborhood of Madison, in northeast Nashville, surrounded by growth and expansion including the multi-billion dollar East Bank revitalization projects. Built in 2001 and renovated in 2017, 18Thirty represents an outstanding opportunity for new ownership to invest in a property that can achieve $120+ rent premiums through a light value-add program. Strategically located just minutes from I-65, residents of 18Thirty benefit from proximity to Nashville’s thriving economy and continued job growth which includes the recently announced LG Chem plant (860 jobs), Oracle campus (8,500 jobs), and Ultium Cells (400 jobs).

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18Thirty
88 Units
1830 Spring Branch Drive
Madison, TN  37115
Type:  Multifamily
Closed: 10/28/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Boulder Creek
402 Units
10400 Pavilion Way
Jeffersontown, KY  40299
Type:  Multifamily
Closed: 10/18/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Devonshire
416 Units
8301 Doncaster Way
Louisville, KY  40222
Type:  Multifamily
Closed: 10/18/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Eagles Eyrie
80 Units
2424 Eagles Eyrie Court
Louisville, KY  40206
Closed: 10/18/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Lyndon Crossings
60 Units
1201 Lyndon Crossing Way
Louisville, KY  40222
Type:  Multifamily
Closed: 10/18/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Louisville 5 Portfolio - a collection of 1,460 units spread across five apartment communities in the Louisville, KY MSA. Eagles Eyrie, the in-town community, lies just 2 miles east of the highly desirable NuLu district. Three of the properties, including Partridge Meadows, Lyndon Crossings and Devonshire, are grouped in a half mile radius in the St Matthews/Lyndon submarket, 5 miles east of the city center. Boulder Creek can be found on the perimeter of the Louisville MSA in the affluent Jeffersontown suburb. Since development, the Louisville 5 have been managed and maintained by the original developer. This is the first ever opportunity to acquire these assets on the market, which are available as a Portfolio or on an individual basis.

Please note, all properties can be purchased as a portfolio or on an individual basis.

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Louisville 5 Portfolio (5 properties, 1,460 units)
Partridge Meadows
502 Units
8102 Four Winds Drive
Louisville, KY  40222
Type:  Multifamily
Closed: 10/18/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 216-unit Fieldstone Glen apartment community located in Jonesboro, Clayton County, Georgia. This asset is strategically-located in south Atlanta’s aerotropolis logistics hub. The current owner has invested more than $1.7M improving the property. Built in 2003, Fieldstone Glen is a property arrived at market with pristine, on-trend improvements, remaining value-add potential, consistently high occupancy, and an attractive cap rate.
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Fieldstone Glen
216 Units
2615 Mount Zion Parkway
Jonesboro, GA  30236
Type:  Multifamily
Closed: 10/15/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 146-unit Vivo Port Royal apartment community located in rapidly growing Port Royal, SC. Bounded by the resilient industries of medical, military, and tourism, Vivo Port Royal sits less than two miles from Beaufort’s two major hospitals, the Naval Hospital Beaufort (1.5k+ jobs) and Beaufort Memorial Hospital (1.3k+ jobs). Residents at Vivo Port Royal are set to benefit from the fruitful surrounding demographics with avg. household incomes to increase 11% and eclipse $100k by 2027, a dominant white-collar workforce (62%), and a dwindling multifamily pipeline. Built in 1986 and renovated in 2022, Vivo Port Royal arrives to the market with a recent capital infusion of over $6M, including both interior and exterior renovations. Through the implementation of a Value-Add 2.0 enhancement, new ownership has the opportunity to further improve unit interiors to be able to push rents ~$215 and help bridge the rent delta to submarket competitors.
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Vivo Port Royal
146 Units
1660 Ribaut Road
Port Royal, SC  29935
Closed: 10/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Lux on Main, a 352-unit transit-oriented multifamily asset strategically located in Carrollton, Dallas’ premier suburban submarket. Situated in a walkable, urban micro-location, Lux on Main is an irreplaceable asset with high-quality finishes and 4,059 SF of fully-leased retail space providing additional income. The Property’s superior location offers exceptional access to the DART Rail Line, connecting to DFW’s major employment and entertainment nodes, as well as desirable lifestyle amenities such as Downtown Carrollton. Lux on Main provides direct access to numerous Fortune 500 headquarters (such as ExxonMobil and McKesson Corp.), plus more than 2.65 million jobs within a 30-minute drive. Lux on Main is positioned for long-term sustainability, as it is insulated from future supply and has achieved an impressive 22% increase in rents since 2021 with an average occupancy of 96%.
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Lux on Main
352 Units
1011 S Main St
Carrollton, TX  75006
Type:  Multifamily
Closed: 10/8/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit, Timber Pointe apartment community located in Macon, Bibb County, Georgia. This asset is situated in robust middle Georgia bolstered by top, high paying employers, multiple higher education institutions, and award-winning healthcare centers, including Piedmont Health Center and Atrium Health Navicent. Built in 1983, Timber Pointe represents an outstanding opportunity for new ownership to invest in a property that is currently achieving $126 in-place rent premiums. In addition, Timber Pointe offers a great opportunity to assume attractive debt below current market levels, with the ability to reach an LTV of 65%+. Middle Georgia continues to grow with the Peach Co. mega site breaking ground, the new 10,000 seat Macon Amphitheater, and the $500M I-16/I-75 interchange expansion project.
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Timber Pointe
152 Units
2050 Old Clinton Road
Macon, GA  31211
Type:  Multifamily
Closed: 9/30/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove, a 66-unit, 2022-constructed build-to-rent community located just 11 miles from downtown Tuscaloosa, AL. The Grove is the first purpose-built detached BTR community in the Tuscaloosa MSA. The property benefits from being one of two BTR assets in a supply constrained market, where average annual rent growth the past three years is 5%+. The property sits 11 miles from downtown Tuscaloosa and the University of Alabama which is the fastest growing college in the nation boasting $2.8B in economic impact in Tuscaloosa. The community features 100% 4 & 5 BR detached homes averaging 2,143 SF, attached garages, private fenced yards and premiere unit features offering residents a quality home with professional property management efficiencies. Arriving to market nearly stabilized, the community is poised to be a rent leader in a market with limited new supply of conventional multifamily and institutionally developed BTR communities.
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The Grove at Glen Ridge
66 Units
12898 Grove Circle
Moundville, AL  35474
Closed: 9/26/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 166-unit apartment community, Madison New Riverside, located in Bluffton, Beaufort County, South Carolina. This asset is situated in the New Riverside master planned community, a brand new walkable area in West Bluffton providing immediate access to top retail corridors and nationally renowned resorts. Built in 2024, Madison New Riverside represents a rare opportunity to invest in a true lifestyle community in a premier location with top schools, demographics, and exceptional leasing fundamentals. Madison New Riverside has proven market demand, averaging 16 leases per month, since February 2024, while increasing average rents $80+ in the same time frame.
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Madison New Riverside
166 Units
205 Forest Trce
Bluffton, SC  29910
Closed: 9/24/2024
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±43,158 square foot, high density high-rise multifamily development site in Phoenix’s rapidly transforming Central Corridor.
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Central & Mckinley
   
815-821 North Central Avenue
Phoenix, AZ  85004
Closed: 9/20/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Summit Ridge Apartments, a 432-unit, 2001-built apartment community stationed in Lee’s Summit, MO, the most sought-after submarket in the state. Summit Ridge is attractively situated in the heart of thriving Lee’s Summit, MO, the fastest-growing city in the state. Encompassed by a growing set of economic employment drivers, retail, and entertainment venues, the area generates a significant demand for high-quality finish levels and amenity packages. With a sophisticated amenity package in place, the asset is primed to capitalize on in-place momentum and a market-proven value-add campaign, attracting an elite, affluent tenant base. Summit Ridge represents the rare opportunity to acquire an institutional quality, value-add asset in the high-growth Lee’s Summit submarket.
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Summit Ridge
432 Units
701 NE Tudor Rd
Lee's Summit, MO  64086
Posted: 5/29/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 46-unit Parkwood Duplexes community located in the booming Oklahoma City MSA. This asset is situated in the Moore submarket, a high-growth suburb of OKC, which has seen explosive, 6.9% rent growth over the past 12 months. The asset is also highlighted by a proposed, market-backed value-add campaign, where C&W projects the next investor will be able to achieve $175 premiums over in-place rents. Built in 1984, Parkwood Duplexes offers an outstanding opportunity to invest in a stable duplex asset with a market-proven value-add opportunity in one of Oklahoma City’s most attractive suburbs.
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Parkwood Duplexes
46 Units
1224 Parkwood Ct
Moore, OK  73160
Type:  Multifamily
Closed: 9/12/2024

The Cushman & Wakefield Florida Multifamily Group is pleased to present the 240-unit The Park at Via Corso multifamily community located in Daytona Beach, Florida.

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The Park At Via Corso
240 Units
310 South Nova Road
Daytona Beach, FL  32114
Closed: 9/11/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Cedar Ridge (104 Units, 1973 Build) & Greenview Meadows (109 Units, 1972 Build) located in the thriving Charlotte submarket of Gastonia. The assets are in close proximity to Gastonia’s revitalized downtown, which has experienced a resurgence due to significant investments in the FUSE District and overall corporate investment in the area. Cedar Ridge & Greenview Meadows presents a remarkable investment opportunity in the expanding Gastonia submarket, where yearly rent growth is expected to exceed 4% and average occupancy rates to remain above 95% through 2029. Offered together or separately, Cedar Ridge & Greenview Meadows provides substantial upside potential through assumable debt and continuation of the proven value add programs where renovated units are achieving $100-$236 over classic units. This offering provides investors the blueprint to continue to close the rental gap to the top of the market.
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Cedar Ridge & Greenview Meadows (2 properties, 213 units)
Greenview Meadows
109 Units
1659 Greenview Drive
Gastonia, NC  28052
Type:  Multifamily
Closed: 9/6/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 110-unit The Meadows community. Situated in the heart of the I-20W/Fulton Industrial district and neighboring major thoroughfares, residents enjoy premier access to the city’s most prolific job centers. Remarkable expansion efforts are underway in the overarching Douglas County area, most noteworthy being along Fairburn Road. The Meadows lies under half a mile from the intersection of Fairburn Road & Lee Road where The Trails, an impressive $350M mixed-use project, is currently under construction. Ongoing development throughout the County, along with continued job market growth, has led to heightened demand in the market and consistent rent growth. Current ownership has renovated 5 units, providing new ownership the opportunity to renovate the remaining 95% of the property and drive increased rents.
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Ibex Sweetwater
110 Units
2725 Forrester Ct
Lithia Springs, GA  30122
Closed: 9/5/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Arrowood Farms, a 181-unit, 2023-built townhome community, recently stabilized, located in desirable Clarksville, TN. Thanks to affordable housing, high quality of life, and a thriving economy, Clarksville was recently named the hottest city for relocations. Supporting Clarksville are multiple expansion announcements, including LG Chem’s investment in a $3.2B manufacturing plant, creating 860 jobs with the 2nd largest business investment in state history. Home to the 2nd largest military base in the U.S, the booming Clarksville market also benefits from its one hour proximity to Nashville.
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Arrowood Farms
181 Units
200 Quin Lane
Clarksville, TN  37042
Closed: 8/30/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 70-unit Salem Terrace apartment community located along the I-20 manufacturing corridor in Covington, Newton County, Georgia. This asset sits within a well-performing multifamily submarket, which as demonstrated excellent rent and occupancy trends during the past decade. Built in 1977, Salem Terrace arrives to market with ample rent upside and a proven value-add initiative in place.
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Salem Terrace
70 Units
3400 Salem Road
Covington, GA  30016
Type:  Multifamily
Closed: 8/30/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Donovan, a 327-unit, 2020-built apartment community located in the most sought-after submarket in the state of Missouri, Lee’s Summit. Constructed in 2020, the quality and location of The Donovan makes it one of the premier assets in all of Kansas City. The community is surrounded by a growing set of economic employment drivers, retail, and entertainment venues.

The Donovan offers a sophisticated amenity package and condo quality interiors providing a luxurious lifestyle for its residents. Lee’s Summit is the fastest growing MSA in the state of Missouri, generating significant demand for high-quality product, evident by the rent growth experienced at the Property over the previous 12-months. The Donovan represents a generational investment opportunity to acquire a best-in-class multifamily asset in the high growth Lee’s Summit market.

The Donovan is currently under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2029.

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The Donovan
327 Units
837 Donovan Rd
Lee's Summit, MO  64086
Type:  Multifamily
Posted: 4/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of TimberChase, 94 units located in Birmingham, AL. This asset is nestled in-between Downtown Birmingham and the affluent municipalities of Homewood ($490K+ home value) and Vestavia Hills ($512K+ home value), with close proximity to all employment and community amenities in the Birmingham MSA. Current ownership has renovated 40 units (~$115 premiums) and completed significant exterior upgrades, which includes replacement of all roofs and full exterior painting. Built in 1973, TimberChase offers an outstanding opportunity to invest in a proven value add asset within 5 minutes of Downtown.
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TimberChase
94 Units
925 Beacon Parkway East
Birmingham, AL  35209
Type:  Multifamily
Closed: 8/16/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Cedar Ridge (104 Units, 1973 Build) & Greenview Meadows (109 Units, 1972 Build) located in the thriving Charlotte submarket of Gastonia. The assets are in close proximity to Gastonia’s revitalized downtown, which has experienced a resurgence due to significant investments in the FUSE District and overall corporate investment in the area. Cedar Ridge & Greenview Meadows presents a remarkable investment opportunity in the expanding Gastonia submarket, where yearly rent growth is expected to exceed 4% and average occupancy rates to remain above 95% through 2029. Offered together or separately, Cedar Ridge & Greenview Meadows provides substantial upside potential through assumable debt and continuation of the proven value add programs where renovated units are achieving $100-$236 over classic units. This offering provides investors the blueprint to continue to close the rental gap to the top of the market.
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Cedar Ridge & Greenview Meadows (2 properties, 213 units)
Cedar Ridge
104 Units
1680 Lynhaven Drive
Gastonia, NC  28052
Type:  Multifamily
Closed: 8/14/2024