The Cushman & Wakefield Southeast Multifamily Advisory Group, together with Avison Young, are pleased to present the exclusive listing of the Southeast 698 portfolio - three well-maintained assets located in desirable submarkets of Savannah, GA, Columbia, SC and Mobile, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in prime locations with uptrending cash flows, these three assets are poised for powerful growth through proven value-add strategies and market-backed rental upside.
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Southeast 698 Portfolio (3 properties, 698 units)
Georgetown Crossing
168 Units
1015 King George Boulevard
Savannah, GA  31419
Type: Conventional
Closed: 12/27/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Kilburn Commercial Properties are pleased to present the exclusive listing of the 77.64-acre Saunders Street Land located in Raleigh, North Carolina. Situated along the I-40/Hwy 401 interchange, the property has access to Raleigh’s top employers and universities in a rapidly expanding MSA - projected to post 16% population growth through 2023. The property is barbelled between Downtown Raleigh and the South Raleigh opportunity zone, providing investors with tax benefits on capital gains while the vacant land sits in a favorable path of future growth and development.
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Saunders Street Land
77.64 Acres
2400 South Saunders Street
Raleigh, NC  27603
Type: Land
Closed: 12/26/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 93-unit Lake Ridge apartment community located in Apex, North Carolina. This affluent suburb outside of Raleigh boasts blue chip demographics that see a resident base of 80% white collar workers bringing home an average household income of over $130K. This unique asset with highly desirable townhome floorplans is walking distance to downtown Apex, and is one of only ten market-rate, garden style properties in Apex - and is the only asset built before 1997. Lake Ridge offers an outstanding value-add opportunity that would see rental premiums of $200, and ultimately see a 45% increase to NOI propped up by an affluent renter base that can support future rent increases.
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Lake Ridge
93 Units
501 West Chatham Street
Apex, NC  27502
Type: Conventional
Closed: 12/23/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 118-unit The Park at Peachtree Hills apartment community located in Atlanta, Fulton County, Georgia. This asset is situated in the burgeoning Lindbergh submarket of Buckhead, which is wedged between the Piedmont Road and Peachtree Road corridors with immediate access to GA Highway 400, Interstates 85/75, and MARTA transit. The superlative locale is flourishing with new upscale developments redefining the south Buckhead district. Built in 1965, The Park at Peachtree Hills offers a rare opportunity to invest in a value-add asset with an irreplaceable location in one of the most affluent rental markets in Atlanta.
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The Park at Peachtree Hills
118 Units
480 Peachtree Hills Avenue NE
Atlanta, GA  30305
Type: Conventional
Closed: 12/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group, together with Avison Young, are pleased to present the exclusive listing of the Southeast 698 portfolio - three well-maintained assets located in desirable submarkets of Savannah, GA, Columbia, SC and Mobile, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in prime locations with uptrending cash flows, these three assets are poised for powerful growth through proven value-add strategies and market-backed rental upside.
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Southeast 698 Portfolio (3 properties, 698 units)
Paces Brook
260 Units
113 Paces Brook Avenue
Columbia, SC  29212
Type: Conventional
Closed: 12/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Palladian at Daphne - 120 units located within the affluent Daphne municipality of Mobile, Alabama. Baldwin County, the fastest growing county in the state, has garnered 53% population growth since 2000 and boasts a median HH income nearly 25% greater than the statewide statistic. Situated along the desirable Eastern Shore of Mobile, Palladian at Daphne enjoys an affluent resident profile and close proximity to quality retail and employment. The subject asset features massive, 1,800 SF average floor plans with 100% attached garages and ground floor entry, providing residents with "home style" living at a low cost per foot. Constructed in 2017, Palladian at Daphne offers the investor a newly delivered asset producing strong, stable cash flow in an A+ Daphne location.
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Palladian at Daphne
120 Units
27821 State Highway 181
Daphne, AL  36526
Type: Build for Rent
Closed: 12/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group, together with Avison Young, are pleased to present the exclusive listing of the Southeast 698 portfolio - three well-maintained assets located in desirable submarkets of Savannah, GA, Columbia, SC and Mobile, AL. The subject portfolio represents the opportunity to immediately establish a strong investment platform in top-tier Southeastern markets. Situated in prime locations with uptrending cash flows, these three assets are poised for powerful growth through proven value-add strategies and market-backed rental upside.
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Southeast 698 Portfolio (3 properties, 698 units)
Retreat at Schillinger
270 Units
1313 Schillinger Road South
Mobile, AL  36695
Type: Conventional
Closed: 12/19/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 280-unit, Lake Shore Village apartment community located in Columbia, SC. Embedded next to one of the largest transportation arteries in the city, I-77, Lake Shore Village sits in close proximity to the top employment centers in the area where large investments have continually been made to expand and strengthen the Columbia job market. With affluent demographics, Lake Shore Village offers the chance to boost NOI by 58% with over 93% of units left to renovate generating $50 premiums.
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Lake Shore Village
280 Units
7645 Garners Ferry Road
Columbia, SC  29209
Type: Conventional
Closed: 12/18/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit Latitude @ The Commons apartment community located in Myrtle Beach, SC. Developed by Trammell Crow Residential, a multi-family development leader for over 40 years, Latitude @ The Commons is a timeless community offering best-in-class living and amenities. The only institutionally developed community in The Market Common, Latitude @ The Commons offers the most sought-after location in Myrtle Beach’s utmost upper-echelon lifestyle district, while offering residents immediate access to the Atlantic Ocean. Latitude @ The Commons offers new ownership the opportunity to purchase a core plus asset well below replacement cost in a market with dwindling supply compared to a population surge that is rivaling Charleston, SC, and well-surpassing coastal cities Savannah and Wilmington. Along with an outsized population growth comes a job market that is expected to outpace new deliveries by 20:1, priming the Myrtle Beach market for 14% rent growth through 2023 and a vacancy rate forecast to stay at 5%. Latitude @ The Commons is poised to generate average premiums of $145 by meeting the markets’ demand for high-end finishes and completing a Class-A renovation program bridging the rental gap between its competitors for which it currently trails by ~$200.
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Latitude @ The Commons
288 Units
2222 Crow Lane
Myrtle Beach, SC  29577
Type: Conventional
Closed: 12/18/2019

Downtown Coral Gables Location Along Miracle Mile
Fully Leased & Stabilized

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire The Mile (the “Property”) – a boutique, Class-AA, 120 apartment home high-rise located adjacent to downtown Coral Gables and its famed Miracle Mile. Developed in 2016 and owned and managed by Greystar, the Property consists of a mix of one-, two-, and three-bedroom units, along with 3,000 square feet of fully occupied ground floor retail. The Property has exceptional walkability to jobs, dining and nightlife within downtown Coral Gables, resulting in a Walk Score of 92. Further, within a one-mile radius of the Property is 8.3 million square feet of office space. The Mile’s offering is a generational opportunity to acquire a new construction, Miami-Dade luxury high rise apartment community steps from the center of its most affluent and economically robust city.

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The Mile
120 Units
3622 Coral Way
Miami, FL  33145
Closed: 12/18/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 194-unit Weatherly Walk apartment community located in Fayetteville, Fayette County, Georgia. Fayetteville is strategically located in the Metro Atlanta area, one of the fastest growing metros in the country. Built in 1991, Weatherly Walk offers an outstanding opportunity to invest in a recently renovated property with room for an interior and exterior value-add to further increase rent growth.
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Weatherly Walk
194 Units
100 Knight Way
Fayetteville, GA  30214
Type: Conventional
Closed: 12/18/2019

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±8.2 net acre multifamily development site located on a major intersection in Phoenix’s rapidly transforming Central Corridor. This rare, hard-corner site is located along the Valley Metro Light Rail, with a station adjacent to the property at the corner of Central Avenue and Indian School Road. Phoenix’s urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. In addition to the Light Rail, the area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 15,000-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in the Central Corridor.

The opportunity consists of four (4) parcels with a combined total of ±356,905 square feet of developable land on the northwest corner of Central Avenue and Indian School Road. This transit oriented development site is bound by three streets.

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NWC Central & Indian School Development Site
8.2 Acres
Central Avenue & Indian School Road
Phoenix, AZ
Type: Land
Closed: 12/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Sandstones - 172 units located in Pensacola, FL. The subject maintains a convenient location with close proximity to Hwy-98, a high-traffic thoroughfare which runs along the Gulf Coast of FL. Sandstones is centralized amongst major economic drivers that are contributing towards explosive financial growth for the region. Pensacola is benefiting from the upcoming Navy Federal Credit Union corporate campus expansion (5,000 jobs, $1.2B new investment). Built in 1966/1973 and strategically positioned along Hwy-98, Sandstones presents the opportunity to acquire a cash-flowing asset with market-backed value add upside.
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Sandstones
172 Units
190 N Old Corry Field Road
Pensacola, FL  32507
Type: Conventional
Closed: 12/17/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Hill, a 287-unit community strategically positioned in the heart of Atlanta’s medical powerhouse, Pill Hill. The Hill directly benefits from 20K+ healthcare jobs within a half-mile radius as well as direct access to Atlanta’s top employment and entertainment districts. Also, the property’s Brookhaven residential setting has a distinct neighborhood feel while boasting an average household income of $157K. High barriers to entry will shield The Hill from new supply, with no developable sites available in the immediate area and significant municipal zoning restrictions in the city of Sandy Springs.
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The Hill
287 Units
1160 Johnson Ferry Rd NE
Sandy Springs, GA  30342
Type: Conventional
Closed: 12/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 60-unit, two-property portfolio of Georgian Terrace and Chestnut Hill apartment communities located in Marietta, Georgia. These assets are situated in northwest suburban Atlanta, Cobb County, home to thriving employers such as Lockheed Martin, Dobbins Air Reserve Base, and Kennesaw State University. Built in 1967 and 1968, Georgian Terrace and Chestnut Hill are primed for value-add repositioning and long-term returns in a thriving submarket.
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Georgian Terrace & Chestnut Hill (2 properties, 60 units)
Chestnut Hill
40 Units
246 Chestnut Hill Road SW
Marietta, GA  30064
Closed: 12/13/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 60-unit, two-property portfolio of Georgian Terrace and Chestnut Hill apartment communities located in Marietta, Georgia. These assets are situated in northwest suburban Atlanta, Cobb County, home to thriving employers such as Lockheed Martin, Dobbins Air Reserve Base, and Kennesaw State University. Built in 1967 and 1968, Georgian Terrace and Chestnut Hill are primed for value-add repositioning and long-term returns in a thriving submarket.
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Georgian Terrace & Chestnut Hill (2 properties, 60 units)
Georgian Terrace
20 Units
1565 Austell Road SE
Marietta, GA  30008
Type: Conventional
Closed: 12/13/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 12-unit Shady Oaks apartment community located in the desirable Midtown submarket of Montgomery, Alabama. The asset offers direct connectivity to Downtown and Eastchase. Benefiting from a strong manufacturing economy, the metro has garnered more than $1 Billion of capital investments and 7,000+ jobs over the past three years. Shady Oaks is surrounded by some of the metro’s primary job/retail cores, such as AUM, Baptist Health, and The Shoppes at Eastchase. With value add potential in a desirable submarket, Shady Oaks is in a prime position for growth for the next investor.
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Shady Oaks
12 Units
545 Eastdale Road South
Montgomery, AL  36117
Closed: 12/13/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 215-unit, Trailside at Reedy Point apartment community located in Greenville, SC. Embedded in one of the most vibrant and walkable areas of Downtown Greenville, Trailside at Reedy Point sits in close proximity to top employment centers, poised to capitalize on the large investments that have helped revitalize the downtown area. With rapid job expansion, employment growth of 14% since 2013, and one of the leading jobs-to-class A supply ratios in the Southeast, Trailside at Reedy Point is poised to capitalize on Greenville’s already impressive 27% rent growth since 2012.
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Trailside at Reedy Point
215 Units
200 South Academy Street
Greenville, SC  29601
Type: Conventional
Closed: 12/11/2019
Well-Maintained Asset with Updated Amenities

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Princeton Parc, a 200-unit, value-add garden community in West Melbourne, Florida. Completed in 2003, the property features a two-story, concrete block design with direct access units. The property features some of the largest floorplans in the submarket at 1,154 square feet on average. Princeton Parc’s location within West Melbourne is a magnet for employees working in the growing aerospace and tech space. The property is less than one mile from I-95 and provides a short commute to the area’s largest employers including Health First, Harris Corporation, Northrop Grumman, Lockheed Martin and Patrick Air Force Base.

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Princeton Parc
200 Units
4714 Crosswind Court
Melbourne, FL  32904
Closed: 12/10/2019
Property is Located in a Designated Opportunity Zone With Tax Benefits

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the listing of the 56-unit Spanish Villas apartment community located in South Daytona, Florida. Spanish Villas offer a Value-Add opportunity to renovate 100% of the units, raise effective rents $173/unit, and earn a 17% return-on-investment after implementation of the proposed renovation plan.

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Spanish Villas
56 Units
1648 S. Palmetto Avenue
South Daytona, FL  32119
Type: Conventional
Closed: 12/10/2019

We're happy to present Stoneridge East and Bedrock East Apartments, a two property portfolio totaling 54 units located on Queen City Ave in Cincinnati. The properties are less than a ½ mile from each other and have been very well maintained by original owners family who built the properties. Great location near major retail and only a 15 minute drive to Downtown Cincinnati or to University of Cincinnati and major medical facilities.

Please contact Don Murphy or Jordan Murphy for the full Offering Memorandum.

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Stoneridge & Bedrock East (2 properties, 54 units)
Bedrock East
24 Units
3000-3010 Queen City Ave
Cincinnati, OH  45238
Type: Conventional
Closed: 12/9/2019
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Maplewood
54 Units
315 College Drive
Hanceville, AL  35077
Closed: 12/9/2019

We're happy to present Stoneridge East and Bedrock East Apartments, a two property portfolio totaling 54 units located on Queen City Ave in Cincinnati. The properties are less than a ½ mile from each other and have been very well maintained by original owners family who built the properties. Great location near major retail and only a 15 minute drive to Downtown Cincinnati or to University of Cincinnati and major medical facilities.

Please contact Don Murphy or Jordan Murphy for the full Offering Memorandum.

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Stoneridge & Bedrock East (2 properties, 54 units)
Stoneridge East
30 Units
2767-2771 Queen City Ave.
Cincinnati, OH  45238
Type: Conventional
Closed: 12/9/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listings of Whispering Oaks (Jackson, TN, 50 units), The Hermitage (Jackson, TN, 228 units), Poplar Village (Nashville MSA, 101 units), Ridgeside (Chattanooga MSA, 148 units), and Papermill Square (Knoxville, TN, 140 units). This portfolio allows future investors to obtain an immediate foothold throughout the state of Tennessee, while capitalizing off of the value add opportunity. Current ownership has invested $3M in capital improvements since 2016, yielding high quality, low maintenance assets. Properties are offered as a portfolio or individually.
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TN Value-Add 5 Portfolio (5 properties, 667 units)
Papermill Square
140 Units
3820 Papermill Square Road
Knoxville, TN  37909
Type: Conventional
Closed: 12/5/2019