The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 304-unit Oaks at Holcomb Bridge apartment community located in north Fulton County in metro Atlanta, Georgia. This asset is situated in the heart of Atlanta’s affluent Roswell community, and provides strategic access to North Fulton’s primary employment and retail hubs in Roswell, Alpharetta, Central Perimeter, and Buckhead. Built in 1979, Oaks at Holcomb Bridge represents an outstanding opportunity to invest in one of Atlanta’s most desirable locations with impressive value-add upside.
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Oaks at Holcomb Bridge
304 Units
700 Old Holcomb Bridge Road
Roswell, GA  30076
Type:  Multifamily
Closed: 5/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 296-unit Cottages of Fort Smith (72 Units) and Country Meadows (224 units) apartment communities located in the Fort Smith and Little Rock, AR MSAs. Well located within each respective submarket, Cottages of Fort Smith and Country Meadows arrive to market 95% occupied with strong trending collections and upward leasing momentum. Built in 2005 & 1998, each asset offers an outstanding opportunity to invest in a strong performing asset with a quality physical plant in place providing prime value add potential.
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Cottages of Fort Smith & Country Meadows (2 properties, 296 units)
Country Meadows
224 Units
909 Holmes Road
Searcy, AR  72143
Closed: 5/13/2021
Completed in 1984, the 146-unit Mountain View Casitas is conveniently located near shopping, restaurants, schools and major freeways. Apartment units feature fireplaces, walk-in closets, washer/dryers, fully equipped kitchens and private patios/balconies. With a park-like setting, Mountain View Casitas community amenities include lounge areas, a game room, high-intensity fitness center and a resort-style pool.
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Mountain View Casitas
146 Units
1130 E. Grovers Avenue
Phoenix, AZ  85022
Type:  Multifamily
Closed: 5/13/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit The Reserves of Thomas Glen apartment community located in Shepherdsville (Louisville MSA), Bullitt County, Kentucky. This asset is situated in Bullitt County's industrial and e-commerce community with close proximity to UPS Worldport and Shepherdsville Amazon Fulfillment Center. Residents at The Reserves of Thomas Glen benefit from direct access to Louisville's flourishing economy. Built in 2013 and only 25 minutes south of Louisville, The Reserves of Thomas Glen represents an outstanding opportunity to invest in Shepherdsville's top asset immersed among some of the area's largest e-commerce and industrial hubs with extensive job opportunities.
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The Reserves of Thomas Glen
192 Units
123 Thomas Glen Drive
Shepherdsville, KY  40165
Closed: 5/13/2021
Cushman & Wakefield is pleased to present the Minnehaha Park Apartments - located in the Hiawatha/Longfellow neighborhood of Minneapolis. A wide range of diverse retail, coffee shops, bars, and local dining options are within easy walking distance.
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Minnehaha Park
39 Units
4444 Minnehaha Ave S
Minneapolis, MN  55406
Type:  Multifamily
Closed: 5/12/2021
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Village at the Gateway Phase 1b
110 Units
12506 Vimy Ridge Road
Alexander, AR  72202
Closed: 5/12/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 332-unit Village 1373 apartment community located in Greensboro, NC. This asset is firmly situated in a top performing submarket of the Triad with strong fundamentals and outstanding demographics, outpacing the broader metro on nearly all indicators. As submarket household incomes approach $90K+ paired with a muted delivery pipeline, the market indicates support for higher-end finishes as Greensboro shifts its focus to target a white-collar workforce through educational attainment. Built in 1987/1996, Village 1373 has received $1.6M in capital improvements since 2018 and offers new ownership the ability to complete a value-add program to generate an additional $368K in annual income and boost NOI by 26%.
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Village 1373
332 Units
1373 Lees Chapel Road
Greensboro, NC  27455
Type:  Multifamily
Closed: 5/11/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the City Heights Homewood - 278 units located in the coveted Homewood submarket of Birmingham, AL. This asset maintains an outstanding location within one of Alabama’s Top 5 suburbs, Homewood, which maintains heavy restrictions on new multifamily development. Residents at the asset are afforded easy access to dense cores of quality jobs and upper end retail options. With renovation staging already completed, the next investor will be able to focus on expanding upon in-place value add initiatives.
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City Heights Homewood
278 Units
218 Olympia Drive
Homewood, AL  35209
Type:  Multifamily
Closed: 5/7/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 259-unit Crest at Greylyn apartment community located in Charlotte, NC. This asset is situated in the highly desirable submarket of Matthews where a highly educated, affluent renter base has supported consistently strong rent growth over the past five years. A thinning development pipeline provides confidence these strong multifamily fundamentals will continue. An excellent location surrounded by retail and proximate to several major highways provides residents direct access to Charlotte’s largest employment hubs, including Uptown (135,000 daily employees), in less than 20 minutes. Built in 2013, Crest at Greylyn presents an unprecedented investment opportunity to inherit Class A construction and community amenities coupled with the potential for an interior renovation program that would achieve $150 premiums and ultimately increase NOI by 19%.
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Crest at Greylyn
259 Units
9415 Lucy Jane Lane
Charlotte, NC  28270
Type:  Multifamily
Closed: 5/7/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 448-unit Crest at Galleria apartment community located in Charlotte, North Carolina. This asset is situated in the highly desirable submarket of Matthews where a highly educated, affluent renter base has supported consistently strong rent growth over the past five years. A thinning development pipeline provides confidence these strong multifamily fundamentals will continue. An excellent location surrounded by retail and proximate to major highways provides residents access to Charlotte's largest employment hubs, including Uptown, in less than 20 minutes. Built in 2005, Crest at Galleria represents a unique opportunity to invest in an extremely well-located asset which offers modern construction as well as massive value-add upside that would generate a 28% increase over current NOI.
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The Crest at Galleria
48 Units
1815 Galleria Club Lane
Charlotte, NC  28270
Type:  Multifamily
Closed: 5/7/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Twenty25 Barrett, a 238-unit apartment community located in Kennesaw, Georgia. Twenty25 Barrett presents a rare and unique offering of an institutional, suburban multifamily asset in Cobb County. Kennesaw’s high barriers to entry and fantastic growth story create an incredibly secure and dynamic investment opportunity. The area also provides access to necessities, jobs, and lifestyle options. The property has gated access, a robust amenity package, an ideal unit count/mix, and efficiently engineered floorplans. Future upside potential coupled with extremely strong area and property demographics sets the stage for rent growth.
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Twenty25 Barrett
238 Units
2025 Barrett Lakes Blvd NW
Kennesaw, GA  30144
Type:  Multifamily
Closed: 5/7/2021

Broadstone Rio Salado is a 276-unit Class A apartment community located in Tempe, Arizona. Completed in 2020, Broadstone Rio Salado was developed by Alliance Residential, one of the nation’s leading multifamily developers. Tempe is widely regarded as the Phoenix area’s most dynamic submarket and Broadstone Rio Salado is well positioned to take advantage of its exceptional location at the intersection of the 101 and 202 freeways.

Tempe features some of the Phoenix areas most prominent employers such as State Farm, SRP, Microsoft, Amazon.com, LifeLock, DHL Express, JP Morgan Chase, Comtech Data and Carvana. Tempe is the top submarket for employment growth, with Class A office developments such as Hayden Ferry Lakeside, Rio 2100 and The Watermark, as well as future office developments, including 100 Mill, Novus and Union. Tempe is home to a major recreational source in Tempe Town Lake, and the nation’s largest university, Arizona State University.

Broadstone Rio Salado offers its residents eleven studio, one bedroom and two bedroom floor plans featuring top of the line interior finishes, extensive indoor and outdoor amenities, convenient surface parking and a high-end exterior design. Broadstone Rio Salado is a surface-parked community featuring elevator access to each floor.

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Broadstone Rio Salado
276 Units
2325 East Rio Salado Parkway
Tempe, AZ  85281
Closed: 5/6/2021
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Village at the Gateway Phase 2
54 Units
12506 Vimy Ridge Road
Alexander, AR  72202
Closed: 5/6/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 100-unit Olde Town at Bailey Court apartment community located in Anderson, SC. This asset is situated in a highly trafficked area in close proximity to the areas top employers, including AnMed Health, Anderson University, Electrolux, Techtronics, Bosch and many more. Given Anderson County’s lack of supply with only 109 units proposed delivery through 2022, submarket fundamentals are expected to well outperform the great MSA in both effective rent growth and occupancy levels. Residents of Olde Town at Bailey Court enjoy seamless access to the premier retail in an area, defined by an exceptional demographic base including average HHI of over $63,000 within a 3-mile radius. Bolstered by steady operations, the property is poised to bridge the $400+ delta in effective rents to market competitors through completion of the already proven interior value-add initiative.
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Olde Town at Bailey Court
100 Units
106 Concord Avenue
Anderson, SC  29621
Type:  Multifamily
Closed: 5/5/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Lively at Market Common, a 299-unit timeless community offering its residents best-in-class living space and amenities located in Myrtle Beach. As the newest community in Market Common, The Lively at Market Common is situated in one of the most sought-after locations, with immediate access to the Atlantic Ocean and Myrtle Beach’s most upper echelon lifestyle district. The property offers new ownership the opportunity to purchase a core asset well below replacement cost in a market with dwindling supply compared to a population surge rivaling other coastal cities. Along with outsized population growth comes a job market that is expected to outpace new deliveries by 26:1 in 2021 and 2022, priming the Myrtle Beach market for 10% rent growth through 2024. Myrtle Beach is also a post-pandemic destination, seen as an alternative living option for residents of large US cities with dense infrastructures. With these phenomenal fundamentals and an attractive average move-in rate, the property is poised to capitalize on a lengthy Class-A rent runway $125+ above current rents.
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The Lively at Market Common
299 Units
1231 Hadley Circle
Myrtle Beach, SC  29577
Type:  Multifamily
Closed: 4/30/2021

Cactus Forty-2 is a 200 unit Class A apartment community located on Cactus Road, just west of Tatum Boulevard and nearly adjacent to Paradise Valley Mall in Phoenix, Arizona. This outstanding location provides immediate access to high-end entertainment, shopping, dining, large employment centers, excellent freeway access and unsurpassed drive-by exposure.

Completed in 2014, Cactus Forty-2 offers its residents contemporary urban architecture, a high level of finish in the unit interiors and excellent amenities including a resort-inspired pool and spa, outdoor kitchen, outdoor fireplace and social gathering space, fitness center with on-demand fitness classes, clubhouse with Wi-Fi internet access and unique “living wall” and a pet park.

Interior amenities include nine-foot ceilings, eight-foot entry doors, hardwood-inspired flooring, Shaker-style cabinet doors, granite countertops, stainless steel appliances, washer/dryers and under-mounted sinks, designer accent walls, marble bath vanities and dual-pane glass. Select units include large soaking tubs, subway-style tile shower surrounds and private balconies/patios.

Residents also enjoy gated access, covered parking, lush landscaping and views of the Phoenix Mountain Preserve.

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Cactus Forty-2
200 Units
4242 East Cactus Road
Phoenix, AZ  85032
Closed: 4/29/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the two-property, 72-unit value-add multifamily offering, Riverbreeze & Fairway Apartments, located in Daytona Beach, Florida.

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ESO Daytona Portfolio (2 properties, 72 units)
Fairway Apartments
24 Units
1350 Virginia Avenue
Daytona Beach, FL  32114
Type:  Multifamily
Closed: 4/29/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the two-property, 72-unit value-add multifamily offering, Riverbreeze & Fairway Apartments, located in Daytona Beach, Florida.

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ESO Daytona Portfolio (2 properties, 72 units)
Riverbreeze Apartments
48 Units
2140 South Palmetto Ave.
South Daytona, FL  32119
Closed: 4/29/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Point at Fairview – 192 units located in Prattville, AL, a highly desirable suburb of Montgomery. Prattville has proven-out excellent economic progress in recent years as a result of its 55% population growth since 2000. Constructed in two phases, this brick and vinyl asset offers residents immediate access to Prattville’s top-ranked public schools, major employers (Maxwell Air Force Base, Hyundai Manufacturing Corp, International Paper, and James Hardie’s new $220M plant) and to the city’s major retail corridor. Current ownership is achieving up to $85 premiums on upgraded units with room for further upgrades. The Point at Fairview offers the next investor a cash flowing asset with the opportunity to capture additional income through the expansion of in place value-add initiatives.
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The Point at Fairview
192 Units
669 Covered Bridge Parkway
Prattville, AL  36066
Type:  Multifamily
Closed: 4/29/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 638-unit value-add multifamily offering, Lakeshore Club Apartments & Townhomes, located in Tampa, Florida.

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Lakeshore Club Apartments & Townhomes
638 Units
6900 Concord Drive
Tampa, FL  33614
Closed: 4/28/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Southeast 979 Portfolio which includes five properties located in high-growth submarkets throughout the Southeast. The 979-unit portfolio immediately establishes or supplements a strong investment platform in desirable markets. With fresh capital infusions by current ownership and trending collections, these assets are primed for value-add initiatives and long-term cash returns.
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Southeast 979 Portfolio (5 properties, 979 units)
Park at Brighton
232 Units
2634 East Lake Boulevard
Robinsonville, MS  38664
Type:  Multifamily
Closed: 4/28/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 188-unit Stone Ridge apartment community located in Columbia, SC. This asset is situated in the capital city of South Carolina boasting strong submarket fundamentals including 9% projected rent growth and 13% average household income growth through 2025. Built in 1974, Stone Ridge offers an outstanding opportunity to invest in a property that comes to market with a proven value-add plan set in-place by current ownership leaving 179-Units (95%) to be renovated and command premiums of $140.
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Stone Ridge
188 Units
1000 Watermark Place
Columbia, SC  29210
Type:  Multifamily
Closed: 4/28/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 350-unit Sandtown Vista apartment community located in Metro Atlanta’s Southern Crescent region. This high quality asset is situated in the thriving South Fulton submarket with top multifamily rent growth and limited new supply. Located just south of I-20, Sandtown Vista benefits from direct access to the Fulton Industrial Corridor. The logistics-driven area has continued to see explosive growth through new developments and job opportunities. Built in 2009 with institutional quality construction and upscale amenities, Sandtown Vista represents an outstanding opportunity to invest in a value-add opportunity located in one of the top U.S. submarkets for rent growth with limited new supply.
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Sandtown Vista
350 Units
1475 Sand Bay Drive
Atlanta, GA  30331
Type:  Multifamily
Closed: 4/26/2021

Barton Farms is a 262 unit apartment community located in Indianapolis’s popular southside suburb, Greenwood. It is offered free and clear and can be purchased individually or as part of a 500+ unit, 2 property portfolio to include Bexley Village - 276 units.

The community was built in two phases: the duplexes in 1998 followed by the garden style in 2002 and has been well maintained by the original owner. All roofs were replaced in 2012. The community offers an attractive mix of flats and popular cottage style/duplex units. All duplex units, which represent 30% of the property, are single story with attached garages and provide a single-family home lifestyle to residents. A full-size washer and dryer are provided in all units.

While Barton Farms is well maintained, a new owner can upgrade unit interiors and elevate the amenities to increase revenue. In addition to rent premiums available by completing additional unit renovations, organic revenue increase is also expected as the current rents trail market by an average of $116+.

Greenwood was voted one of the best places to live in Indiana. The top four employers in Greenwood are FedEx, Amazon Distribution Center, and two large healthcare networks, Franciscan and Community Health, all of which are close to Barton Farms.

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Barton Farms
262 Units
1630 Saddle Way
Greenwood, IN  46143
Type:  Multifamily
Closed: 4/23/2021