The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit Glenwood Vista at Eagle's Landing apartment community located in Stockbridge, Henry County, Georgia. This asset is situated in rapidly-expanding south metro Atlanta, an area with easy access to interstates and an abundance of industrial, logistics, and manufacturing jobs. Henry County’s economy is growing, and attracted more than 2,600 new jobs and $451M in investments in 2020, with recent announcements by Home Depot and Purple Innovation. Built in 2003, Glenwood Vista at Eagle's Landing offers a rare opportunity to invest in an asset with nearly 100% classic units in one of the top growth submarkets in the entire nation.
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Glenwood Vista at Eagle’s Landing
264 Units
10 Glenwood Way
Stockbridge, GA  30281
Type:  Multifamily
Closed: 11/18/2021

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of Pullman Pointe, a 190-unit, 2020-built apartment community located in the heart of vibrant and growing Fishers.

With the highest-end finishes and luxurious amenity set, Pullman Pointe offers a quiet atmosphere just minutes from the city’s best and most popular dining, retail and entertainment. Proving the property’s appeal and high demand for quality product in Fishers, the community reached 100% occupancy in only 6 months. The property provides reliable cash flow on day one. Cash flows and returns realized through the acquisitions of Pullman Pointe are further bolstered by the fact that the property received $7M in Economic Development Revenue Bonds from the city of Fishers, which significantly reduces the Real Estate Tax Liability for more than 20 years.

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

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Pullman Pointe - Fishers
190 Units
11110 Lantern Road
Fishers, IN  46038
Type:  Multifamily
Closed: 11/18/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM Mount Pleasant
240 Units
1054 Anna Knapp Boulevard
Mt. Pleasant, SC  29464
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM North Charleston
192 Units
2225 Greenridge Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM St. Ives
248 Units
7930 St. Ives Road
North Charleston, SC  29406
Type:  Multifamily
Closed: 11/17/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 256-unit Covington Park & Southbrook Gardens apartment communities located in Jackson, Hinds County, MS. The assets are well located right next to each other with quick access to Downtown Jackson and the MSA’s premiere retail pockets via I-55. Located within a supply constrained submarket with strong rent growth, each asset offers an immediate opportunity to initiate an interior value add program and push rents $75 while remaining in LIHTC compliance. Built in 1975 & 2006, Covington Park & Southbrook Gardens offer an outstanding opportunity to invest in up trending, well-located LIHTC assets.
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Covington Park & Southbrook Gardens (2 properties, 256 units)
Covington Park
156 Units
100 Covington Park Drive
Jackson, MS  39212
Closed: 11/17/2021

The Cushman & Wakefield Multifamily Advisory group is pleased to present this confidential offering to purchase the KAKTUSlife Apartments in Las Vegas, NV. This 210-unit asset is the premiere apartment community in Las Vegas, with average rents of over $2,050 per month at $2.31PSF. The property is mid-rise construction, LEED certified, and has some of the best quality unit interior finishes with Jenn Air appliances.

KAKTUSlife is located in the highly-desirable “Southern Highlands” master-planned community. Southern Highlands is home to notable residents like Marc-Andre Fleury, Derek Carr, & Floyd Mayweather, along with some of the nicest custom home sites in the valley. The average HH income around KAKTUSlife is nearly $100K per year, and the submarket is expected to outperform the greater Las Vegas market. Additionally, ESMI ranked Las Vegas at #2 on their Talent Attraction Scorecard, while the market experienced 4.4% rent growth in 2020 and is projected by Yardi and CoStar to be in the top 5 performing metros over the next five years.

Thanks, in large part, to the COVID-fueled in-migration trends, core quality assets have outperformed the greater Las Vegas market as top talent is finding their way out of California and into Nevada. KAKTUSlife is nearing the completion of lease-up, and is poised for investors to see above-market NOI growth through stabilization and market growth.

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KAKTUSlife
210 Units
10650 Dean Martin Dr
Las Vegas, NV  89141
Type:  Multifamily
Closed: 11/17/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire Town Lantana (the “Property”) – an increasingly scarce east of I-95, new construction, luxury garden apartment development of 360 apartment homes in the growing area of Lantana, Florida. The property is comprised of 14 three-story buildings walk-up units averaging 947 square feet that are serviced by detached garages and car ports. Town Lantana is located less than 0.5 miles from I-95 and 1-mile from the beach.

The community is a short distance from millions of square feet of high-paying jobs in Boca Raton, Downtown Delray Beach and the Central Business District of West Palm Beach. The property also has tremendous access to Lantana Blvd (35,500 cars daily) and will have future walkability to 125,000 square feet of retail that is under construction. The property opened in January of 2020 and has quickly moved through the lease-up process in part due to its market-leading luxury finishes and unmatched amenity offering and a rare low-density setting of 22 units per acre.

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Town Lantana
360 Units
1001 Watertower Way
Lantana, FL  33462
Closed: 11/17/2021

1. 5.4% TRAILING CAP RATE & 6%+ T-12 RENT GROWTH

Due to high demand, A/62 has maintained 95%+ occupancy for many years and has consistently grown revenue. Rental rates grew by more than 6% over the past year. This was organic growth and not as a result of unit upgrades. A/62 offers reliable cash flow day one and the whisper price represents a 5.4% Trailing 3 Cap Rate.

2. Clear Path to Unit/Amenity Upgrades & Rent Premiums

While well maintained, units have largely classic finishes allowing the new owner to execute a unit upgrade program.

3. Recent Capital Improvements Completed

Current owner has spent more than $2M and completed major capital improvements including roof and balcony replacement. New owner can now simply focus on revenue generating enhancement such as unit upgrades.

4. Sought After Northside Location - $94k Avg HHI

Located on the Northside of Indianapolis, the average household income is $94,000 in the 2 mile radius. A/62 Residents enjoy convenient access to some of the city’s best retail, restaurants and vast employment nearby.

5. Offered Free & Clear

The ability to purchase A/62 free and clear allows new owners to take advantage of current all-time low rates, interest only periods and maximum leverage which all increase buyer returns.

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A62
209 Units
6111 N Allisonville Road
Indianapolis, IN  46220
Type:  Multifamily
Closed: 11/16/2021

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of Barrington Woods in Hampton, VA. Management has made significant capital improvements to the Property in the past three years, including new plumbing, several interior unit renovations, and select new HVAC installations. Barrington Woods offers investors a significant value-add opportunity in a high rent and job growth submarket, while capitalizing upon historically low interested rates. The property is being offered to an investor free and clear of debt. The 136-unit multifamily asset is less than 2.5 miles from Sentara Hospital, the second largest employer in Hampton Roads, with more than 20,000 employees in the region.

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Barrington Woods
136 Units
611 Michigan Drive
Hampton, VA  23669
Type:  Multifamily
Closed: 11/16/2021

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present the exclusive listing of Howard Street Lofts located at 5 N. Howard Street in Baltimore's Central Business District. The Vacant Mixed-Use Property has a vibrant ground floor retail tenant, and the remaining floors are vacant, and primed for redevelopment. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including conventional multifamily, mixed-use, office, or medical outpatient facility. The Assets stands to benefit from the pending $150 Million Redevelopment of Royal Farms Arena, just one block south of the Property.

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Howard Street Lofts
0.06 Acres
5 N. Howard Street
Baltimore, MD  21201
Type:  Land
Closed: 11/16/2021
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Baltimore Regional Apartment Portfolio (5 properties, 694 units)
Beacon Pointe Apartments
201 Units
2810 Nathaniel Way
Edgemere, MD  21219
Closed: 11/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 115-unit Hanover-Timberlake and Fontainebleu apartment communities located in Fayette County, Lexington, KY. These assets are situated in the desirable Fayette County submarket inside New Circle Road. Located on major road thoroughfares, both properties provide easy access to major retail centers and employment hubs, such as The University of Kentucky and key medical centers. Built in 1970 and family owned for 40+ years, Hanover-Timberlake and Fontainebleu represent an outstanding opportunity to invest in two value-add opportunities with all classic units and minimal ancillary income in a booming submarket with a significant workforce.
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Hanover-Timberlake & Fontainebleu (2 properties, 115 units)
Fontainebleu
68 Units
2315 Harrodsburg Road
Lexington, KY  40504
Closed: 11/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 115-unit Hanover-Timberlake and Fontainebleu apartment communities located in Fayette County, Lexington, KY. These assets are situated in the desirable Fayette County submarket inside New Circle Road. Located on major road thoroughfares, both properties provide easy access to major retail centers and employment hubs, such as The University of Kentucky and key medical centers. Built in 1970 and family owned for 40+ years, Hanover-Timberlake and Fontainebleu represent an outstanding opportunity to invest in two value-add opportunities with all classic units and minimal ancillary income in a booming submarket with a significant workforce.
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Hanover-Timberlake & Fontainebleu (2 properties, 115 units)
Hanover-Timberlake
47 Units
848 Malabu Drive
Lexington, KY  40502
Closed: 11/15/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present Canyon Park Apartments, a 252-unit value-add multifamily community in Tallahassee, Florida.

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Canyon Park
252 Units
1325 W Tharpe Street
Tallahassee, FL  32303
Closed: 11/12/2021
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Saratoga Apartments
51 Units
9830 Lincoln Village Drive
Sacramento, CA  95827
Closed: 11/12/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 376-unit Greentree and Marsh Cove, located in Savannah, Chatham County, Georgia. Built in 1983-1984, the Portfolio represents an outstanding opportunity to invest in an asset with primarily classic units where a complete renovation program can potentially garner a 23% ROI after completion. The Portfolio’s unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, is fueling its recent population growth and rapidly rising incomes. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further adding to Savannah’s explosive development and job growth.
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Greentree & Marsh Cove (2 properties, 376 units)
Greentree
188 Units
10725 Abercorn Extension
Savannah, GA  31419
Type:  Multifamily
Closed: 11/10/2021
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present the exclusive listing of the 336-unit Maple Lane apartment community located in Elkhart, IN. Built between 1987 and 1990 with a brand new phase in 2021, Maple Lane represents an outstanding opportunity to invest in a well-maintained property with in-place cash flow and great upside potential.
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Maple Lane - Elkhart
336 Units
2001 Sugar Maple Lane
Elkhart, IN  46514
Type:  Multifamily
Closed: 11/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 376-unit Greentree and Marsh Cove, located in Savannah, Chatham County, Georgia. Built in 1983-1984, the Portfolio represents an outstanding opportunity to invest in an asset with primarily classic units where a complete renovation program can potentially garner a 23% ROI after completion. The Portfolio’s unmatched access to Savannah’s major employers and retail, which has recently been enhanced by major infrastructure improvements, is fueling its recent population growth and rapidly rising incomes. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further adding to Savannah’s explosive development and job growth.
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Greentree & Marsh Cove (2 properties, 376 units)
Marsh Cove
188 Units
11400 White Bluff Road
Savannah, GA  31419
Type:  Multifamily
Closed: 11/10/2021

Cushman & Wakefield is pleased to present for sale, The Minnehaha Portfolio, a 45-unit recently renovated opportunity in the vibrant neighborhood of Longfellow in South Minneapolis. The portfolio consists of The Miro (11-units), The Moline (17-units) and Coliseum Apartments (17-units) all conveniently located next to each other at 3140, 3146 and 3211 Minnehaha Avenue.

The properties are situated on the corner of Minnehaha Ave and 32nd Street in a quiet, residential setting of Minneapolis. The Minnehaha Portfolio is located steps from the Lake Street - Midtown Light rail station with easy access to downtown Minneapolis. The properties prime location gives residents easy access to everything including the Mississippi River, Minnehaha Falls and numerous parks/trails. Located in the thriving Longfellow neighborhood, the property is steps from Target, Cub Foods, Aldi and numerous locally owned restaurants, cafes and breweries.

The Minnehaha Portfolio has been significantly upgraded over the last eight years with 43 out of the 45 units across the portfolio being renovated and all of the immediate capital items being addressed.

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Minnehaha Portfolio (3 properties, 45 units)
The Coliseum
17 Units
3211 Minnehaha Ave
Minneapolis, MN  55406
Type:  Multifamily
Closed: 11/10/2021

Cushman & Wakefield is pleased to present for sale, The Minnehaha Portfolio, a 45-unit recently renovated opportunity in the vibrant neighborhood of Longfellow in South Minneapolis. The portfolio consists of The Miro (11-units), The Moline (17-units) and Coliseum Apartments (17-units) all conveniently located next to each other at 3140, 3146 and 3211 Minnehaha Avenue.

The properties are situated on the corner of Minnehaha Ave and 32nd Street in a quiet, residential setting of Minneapolis. The Minnehaha Portfolio is located steps from the Lake Street - Midtown Light rail station with easy access to downtown Minneapolis. The properties prime location gives residents easy access to everything including the Mississippi River, Minnehaha Falls and numerous parks/trails. Located in the thriving Longfellow neighborhood, the property is steps from Target, Cub Foods, Aldi and numerous locally owned restaurants, cafes and breweries.

The Minnehaha Portfolio has been significantly upgraded over the last eight years with 43 out of the 45 units across the portfolio being renovated and all of the immediate capital items being addressed.

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Minnehaha Portfolio (3 properties, 45 units)
The Miro
11 Units
3140 Minnehaha Ave
Minneapolis, MN  55406
Type:  Multifamily
Closed: 11/10/2021

Cushman & Wakefield is pleased to present for sale, The Minnehaha Portfolio, a 45-unit recently renovated opportunity in the vibrant neighborhood of Longfellow in South Minneapolis. The portfolio consists of The Miro (11-units), The Moline (17-units) and Coliseum Apartments (17-units) all conveniently located next to each other at 3140, 3146 and 3211 Minnehaha Avenue.

The properties are situated on the corner of Minnehaha Ave and 32nd Street in a quiet, residential setting of Minneapolis. The Minnehaha Portfolio is located steps from the Lake Street - Midtown Light rail station with easy access to downtown Minneapolis. The properties prime location gives residents easy access to everything including the Mississippi River, Minnehaha Falls and numerous parks/trails. Located in the thriving Longfellow neighborhood, the property is steps from Target, Cub Foods, Aldi and numerous locally owned restaurants, cafes and breweries.

The Minnehaha Portfolio has been significantly upgraded over the last eight years with 43 out of the 45 units across the portfolio being renovated and all of the immediate capital items being addressed.

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Minnehaha Portfolio (3 properties, 45 units)
The Moline
17 Units
3146 Minnehaha Ave
Minneapolis, MN  55406
Closed: 11/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Two Blocks, a 400-unit multifamily community in one of Atlanta’s most affluent submarkets. The property is strategically positioned in Dunwoody, a desirable, first-ring suburban submarket with extremely high barriers to entry. The stage is set for continued growth with the asset’s ideal location adjacent to Central Perimeter and Pill Hill - the Sunbelt’s largest central business district and Atlanta’s largest healthcare presence, respectively. Two Blocks is 100% leased and is experiencing exceptional performance trends with 20% organic rent growth on new leases. The property is also primed for substantial upside through the upgrade strategy of fully renovating 228 unrenovated units and also fully renovating 172 partially renovated units.
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Two Blocks
400 Units
4000 Dunwoody Park
Dunwoody, GA  30338
Type:  Multifamily
Closed: 11/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 858-unit Alabama 858 Portfolio spanning two different booming markets in Alabama. Comprised of almost 1,000 units, the Alabama 858 Portfolio offers immediate scale in the Sunbelt, the nationwide leader in both rent and population growth. With 858 total units primed for value add upgrades, the next investor can add $1.1M+ to bottom-line NOI through interior value add. Built between 2008-2012, the Alabama 858 Portfolio offers an outstanding opportunity to invest in a stabilized, cash flowing portfolio with major value add potential.
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Alabama 858 Portfolio (2 properties, 858 units)
Woodside
240 Units
5089 Government Boulevard
Mobile, AL  36693
Type:  Multifamily
Closed: 11/9/2021