The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present Modera Prominence, a Core multifamily asset in an irreplaceable location within Atlanta. As a true trophy asset, Modera Prominence is the epitome of luxury within Atlanta’s most affluent submarket, Buckhead. The strategic North Buckhead positioning provides immediate access to a plethora of highly acclaimed restaurants and retail, while having backdoor access to Chastain Park and Central Perimeter. The property boasts premier amenities with expertly executed interiors, attracting residents with average household incomes of $230K+. Furthermore, Modera Prominence has proven out 8.6% effective rent growth since June while rapidly approaching stabilization.
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Modera Prominence
318 Units
3699 Lenox Road NE
Atlanta, GA  30305
Type:  Multifamily
Closed: 12/28/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Generation, a 336-unit luxury high-rise apartment community located in Atlanta, Georgia. Generation is surrounded by growing job hubs including: Midtown (109K Jobs) and Downtown (125K Jobs). This Core asset’s prime location also provides immediate access to I-75 and I-85 as well as Atlanta’s top sports and entertainment destinations such as The Atlanta BeltLine, Old Fourth Ward, Centennial Yards, Mercedes-Benz Stadium, and State Farm Arena. In 2021, Generation experienced incredible leasing velocity with 38 leases per month while increasing rents by $252.
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Generation Atlanta
336 Units
369 Centennial Olympic Park Drive
Atlanta, GA  30313
Type:  Multifamily
Closed: 12/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Riverworks, a 306-unit luxury apartment community located in Savannah, GA. Riverworks represents a rare opportunity to acquire a high-quality, trophy asset anchored by the Savannah River and Savannah’s celebrated Historic District. Savannah’s exceptional job market and continued population growth will continue to support Riverworks as the premier asset. The property is strategically located in the $600M+ Eastern Wharf mixed-use development and will directly benefit from its curated retail, waterfront walkability, and immediate proximity to boutique restaurants and bars. Riverworks has proven its desirability through impressive leasing velocity of 35 net leases per month since June while raising market rents 7% in the same period.
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Riverworks
306 Units
301 Passage Way
Savannah, GA  31401
Type:  Multifamily
Closed: 12/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is honored to present the exclusive listing of 565 Hank, a truly rare multifamily asset primed for continued growth. The property is strategically situated at the epicenter of Atlanta’s transformative Turner Field redevelopment in Summerhill Atlanta. An irreplaceable location coupled with the developer’s acute demand for flawless quality position the asset for long-term sustainability. Also, Memorial Drive’s expansion, Downtown’s pressure, and the Southside BeltLine’s momentum surround and fuel Summerhill’s evolution. Furthermore, 565 Hank has demonstrated exceptional leasing velocity of 50+ units per month since the beginning of July.
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565 Hank
306 Units
565 Hank Aaron Drive
Atlanta, GA  30312
Closed: 11/18/2021
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 Meridian at the Port, a 267-unit, 2019-built apartment community located in Mobile, AL. The asset’s luxurious interiors, upscale amenities, and urban aesthetics cater to a markedly affluent profile, exemplified by an average household income of $90K. The asset affords residents luxury finishes with modernized use of space while maintaining walkability to quality dining, shopping, and entertainment options. Built in 2019, Meridian at the Port has demonstrated impressive operational trends, providing new ownership a firm foundation for immediate growth in an irreplaceable location.
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Meridian at the Port
267 Units
300 Water Street
Mobile, AL  36602
Closed: 10/22/2021
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present The Morris at Belmont, a proposed 322-unit apartment community development project located in Belmont, NC. The property will be ideally situated in the burgeoning city of Belmont, which is located only 20 minutes from Uptown Charlotte and has nearby proximity to Charlotte’s U.S. National Whitewater Center, Charlotte Douglas International Airport, and access to key job centers, which includes not only the new 2.5M SF Amazon facility and the Water Ridge Office Park, but also Charlotte’s integral employment nodes. In addition, the property will benefit from the proposed expansion of Charlotte’s LYNX Light Rail, which would be within walking distance of the property, as well as a Greenway Initiative that would deliver with the project, allowing for expanded pedestrian space and greenways in Belmont. The property will represent a best-in-class asset for the Belmont submarket with premier amenities and curated, luxury unit features. The Morris at Belmont offers an outstanding opportunity to invest in a new development opportunity for Class A institutional-quality product in one of Charlotte’s up-and-coming submarkets.
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The Morris at Belmont (Equity Raise)
322 Units
6900 Wilkinson Boulevard
Belmont, NC  28012
Type:  Multifamily
Closed: 10/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of YOO on the Park, a Core asset in an irreplaceable Midtown Atlanta location. A true luxury collector’s aspiration, YOO on the Park is the closest multifamily high-rise to Atlanta’s renowned 185-acre Piedmont Park. Featuring striking unobstructed skyline views, the property offers short walks to the Atlanta Botanical Garden and the Atlanta BeltLine Trail, as well as many other popular Midtown destinations. Sustained by its location and an extraordinary high style design aesthetic, YOO on the Park affords an energetic urban lifestyle sought-after by affluent Atlantans. The property is perfectly positioned to benefit from Midtown’s robust economic growth and 30K+ jobs arriving over the next 2-3 years. As the product of an experienced developer with unique attention to detail, YOO on the Park is primed for substantial investment appreciation.
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YOO on the Park
242 Units
207 13th Street
Atlanta, GA  30309
Type:  Multifamily
Closed: 9/15/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Capital Club at Indian Land, a 312-unit, 2020-built Class A community located in one of Charlotte’s most up-and-coming submarkets, Indian Land. This affluent South Carolina submarket is defined by its high-income, white-collar workforce resident base, highly-rated school system, and expansive population growth over the past decade. Among the limited Class A supply in Indian Land, Capital Club at Indian Land stands apart with its differentiated Build to Rent Townhome component and best-in-class, premier amenity package available to its impressive resident demographics. The property’s proximate location to major local employers, retail and entertainment options, and ideal access to the established job nodes of affluent Ballantyne and SouthPark offer residents of Capital Club an ideal mix of lifestyle amenities and deep employment options. Capital Club at Indian Land represents a fantastic opportunity to invest in a newly built, Class A community with impressive leasing velocity, favorable market rent projections, and recent leasing activity already proving out higher rents during lease-up.
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Capital Club at Indian Land
312 Units
2278 Capital Club Way
Indian Land, SC  29707
Type:  Multifamily
Closed: 9/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Avalon at James Island, a 273-unit newly constructed apartment community located in Charleston, SC. Boasting top-of-market amenities and features, Avalon at James Island is the premier multifamily asset of James Island, a submarket defined by blue chip demographics and a plethora of proximate lifestyle amenities including Downtown Charleston and Folly Beach just minutes away. Further highlighting the assets preeminent location, the adjacent Harris Teeter anchored James Island Shopping Center provides unmatched convenience to myriad retail options within walking distance. Increasing barriers to entry within the submarket will provide ideal multifamily fundamentals over the next 5 years as the population is projected to outpace new deliveries by 5 to 1 within a 3-mile radius of the asset. This lack of new deliveries, coupled with an increasingly affluent millennial renter base whose household incomes will average $110K by 2025, will create an extremely favorable rent growth environment over the hold period. With stabilization imminent, the property offers an outstanding opportunity to invest in a newly built, institutional-quality asset that can close the substantial delta to downtown rent levels through 2nd generation leasing and capture nearly $1000 ($1.00 PSF) in headroom.
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Avalon at James Island
273 Units
202 Promenade Vista Street
Charleston, SC  29412
Type:  Multifamily
Closed: 8/10/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Woodlands Landing at Echo Farms, a 176-unit, 2020-built Class A community located in the southern portion of Wilmington, NC. The property benefits from an ideal location to varied retail, entertainment options, high-quality schools, top employers, and the largest hospital in Wilmington. Already stabilized after a rapid lease-up period, the property is perfectly positioned to capitalize on organic rent growth while also substantiating the demand for new construction Build-to-Rent Townhome product in the market. In addition, the property’s curated amenities and its location in a strong rent projection submarket present an ideal confluence for rent growth. Woodlands Landing at Echo Farms represents an outstanding opportunity to invest in a newly-built, stabilized Class A asset with $230+ rental headroom.
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Woodlands Landing at Echo Farms
176 Units
3215 Midvale Drive
Wilmington, NC  28412
Closed: 8/2/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Waterleaf at Battery Creek, a 212-unit, state-of-the-art community offering its residents best-in-class living space and amenities in Beaufort, SC. This asset is located in the heart of Low Country South Carolina, a rapidly expanding coastal region situated along Interstate-95 between the major U.S. ports of Savannah and Charleston. Waterleaf at Battery Creek sits in one of the most sought-after locations in the area, with unobstructed water views and immediate access to the Port Royal Sound and Atlantic Ocean by way of a stunning on-site 300-ft crab dock. The Hilton Head-Bluffton-Beaufort market is seen as an attractive destination for residents fleeing larger U.S. cities with dense infrastructures, migrating towards coastal markets. These trends, which were only amplified by the pandemic, explain the market’s population surge of 58% since 2000, all while experiencing consistently strong rent growth (4% in Q4-2020). With phenomenal market fundamentals and a rapid lease-up seeing 17+ move-ins per month, Waterleaf at Battery Creek proves to be an outstanding opportunity to invest in a newly-built, core asset poised to capitalize on a lengthy Class-A runway with $300+ rental headroom to the leading market competitor.
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Waterleaf at Battery Creek
212 Units
10 Shell Creek Drive
Beaufort, SC  29906
Type:  Multifamily
Closed: 7/22/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Station at Town Madison, a 274-unit, 2020-built apartment community. The property is situated within the 563-acre Town Madison master development highlighted by Toyota Field, home to Huntsville’s new minor league baseball team. Huntsville has experienced 7.2% annualized apartment rent growth in Q1 2021, following 9.7% in 2020, and 6.0% in 2019. Delivered in March 2020, The Station at Town Madison is now 81% occupied / 88% leased with stabilization expected in April following a tremendous leasing season that averaged 29 units/month from June-Sep 2020. The property boasts unmatched amenities and finishes in the marketplace and has maintained excellent leasing velocity offering the next investor substantial value add upside by pushing 2nd generation leases
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The Station at Town Madison
274 Units
200 Town Madison Boulevard
Madison, AL  35758
Closed: 6/29/2021
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 244-unit Legacy Haywood apartment community located in Greenville, SC. Legacy Haywood offers investors the opportunity to own the best-in-class suburban asset in one of the most burgeoning markets in the Sunbelt. The property is ideally located between Downtown and the I-85/I-385 corridor which provides superior access to Greenville’s largest employment nodes and 59,000 jobs within a 3-mile radius. The Greenville market has consistently averaged 3%+ rent growth, and after an extended season of supply, is starting to witness a diminishing delivery pipeline as there are no proposed or under construction units within 3 miles of Legacy Haywood. Best-in-class amenities provide a resort-like feeling throughout the property, while carefully curated unit interiors highlight the asset’s superiority over submarket competitors. Built in 2020, Legacy Haywood represents an outstanding opportunity to invest in the premier asset of suburban Greenville while offering the opportunity to capture $240 in rental headroom to top-of-market competitors.
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Legacy Haywood
244 Units
930 Old Airport Road
Greenville, SC  29607
Type:  Multifamily
Closed: 6/25/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Caroline, a 237-unit mixed-use apartment community located on Charleston, South Carolina’s peninsula. The property is strategically situated within the new 50-acre urban, waterfront district “WestEdge” masterplan, which has a projected impact of 4,280 new jobs and 2,500+ residents upon completion. Caroline has set the stage for growth by reaching stabilization while still having $700+ in rental headroom. Increased barriers to entry on the peninsula due to numerous municipal and design requirements will shield Caroline from new supply, as it benefits from being one of only two communities with unobstructed views of the Ashley River.
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Caroline
237 Units
99 Westedge Street
Charleston, SC  29403
Type:  Multifamily
Closed: 5/20/2021
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
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of the 353-unit The Ridge at Hamilton Crossing apartments in Maryville, TN, submarket of the Knoxville MSA. Located adjacent to one of Maryville’s largest retail districts, Hamilton Crossing, The Ridge at Hamilton Crossing’s central location offers unmatched access to both premier retail and local jobs. As the submarket’s newest and only true Class A asset, The Ridge at Hamilton Crossing is poised to benefit from Knoxville’s largest recent employment announcements, its highly underserved and appealing submarket fundamentals, and an opportunity to acquire one of the newest stabilized assets in the area.
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The Ridge at Hamilton Crossing
353 Units
100 Hamilton Drive
Maryville, TN  37801
Type:  Multifamily
Closed: 3/31/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Lullwater at Blair Stone, a 244-unit apartment community with top quality interior finishes and luxury amenities, strategically located in Tallahassee, Florida’s capital city. This asset is well positioned to benefit from the steadily growing employment base supported by acclaimed educational institutions, medical facilities, and a government presence. Located ten minutes southeast of Downtown, Lullwater at Blair Stone has quick access to the entire city, as well as being surrounded by a surplus of lifestyle amenities including diverse retail, numerous golf courses, and multiple recreational attractions. Furthermore, Lullwater at Blair Stone has proven out the ability to burn-off all concessions upon stabilization, providing the foundation for continued market rent growth as the asset has already demonstrated 2.5%+ growth since September.
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Lullwater at Blair Stone
244 Units
3501 N Blair Stone Road
Tallahassee, FL  32301
Type:  Multifamily
Closed: 3/4/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Artisan Twickenham Square, 246 units in Huntsville, AL. The multifamily units can be purchased in conjunction with 56K+ SF of Publix-anchored retail in the adjoining development, including two ground floor spaces under the multifamily. The asset’s luxurious interiors, upscale amenities, and urban aesthetics cater to a markedly affluent profile, exemplified by an average household income of $130K+. Residents at the property benefit from immediate access to The Shops Twickenham Square which features boutique retail, eateries and the major grocery chain, Publix. The property sits just 2 blocks from Huntsville Hospital (9,000+ jobs), 1 block from Redstone Federal’s new 67K SF office building (400 jobs), and adjacent to the $250M Orthopedic and Spine Tower that will be completed in 2021. Built in 2014/2015, Artisan Twickenham Square has demonstrated impressive operational trends, providing new ownership a firm foundation for immediate growth in an irreplaceable location.
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Artisan Twickenham Square
246 Units
700 Dorothy Ford Lane
Huntsville, AL  35801
Type:  Multifamily
Closed: 12/18/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive offering of Riverside Flats at Aberfoyle Village, a 102-unit, 2019-built community situated along the Catawba River in the burgeoning Charlotte suburb of Belmont. The property enjoys one of the most unique locations across the Charlotte metro, located minutes from the Charlotte-Douglas International Airport, with immediate access to I-85 and Highway 74 that provide direct access to Uptown Charlotte (135,000+ jobs). The immediate area is positioned along a path of progress in Belmont, a suburb defined by high incomes, impressive schools, and unparalleled quality of life. The historically underserved submarket has witness outsized multifamily rent growth in recent years and is projecting 18% growth through 2025, while occupancy levels remain at market leading levels. Bolstered by strong submarket fundamentals and recent operational momentum, new ownership has the opportunity to bridge a $200+ rent delta to submarket leaders through proven 2nd generation leasing momentum that has already captured $100 rent increases on select floorplans.
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Riverside Flats at Aberfoyle Village
102 Units
1200 River Drive
Belmont, NC  28012
Type:  Multifamily
Closed: 12/11/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Legacy at Jones Farm. Completed in 2015, Phase I delivered 248 Class A units to the Jones Valley submarket of SE Huntsville, an area of picturesque mountain views, top quality retail, and easy access to Downtown’s job drivers just minutes away. Phase II subsequently delivered 173 units in 2019 rounding out the submarket’s most prized asset. This unique modern community is spread across more than 50 acres and offers top-of-market amenities in each phase. Huntsville has experienced 9.7% annualized apartment rent growth in Q1 2020 following 6.2% in 2018 and 7.9% in 2019. Given its premier location, top-of-market amenities, and ornate residences, this high-demand asset offers an outstanding opportunity to acquire scale within one of America’s most desirable investment locales.
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Legacy at Jones Farm
421 Units
1 Legacy Farm Drive
Huntsville, AL  35802
Type:  Multifamily
Closed: 12/1/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 282-unit Accent Cumberland development located in the MetroCenter submarket of Nashville, Tennessee. The site is situated minutes from Downtown and is ideally positioned between Nashville’s fastest growing neighborhoods. MetroCenter is one of Nashville’s strongest office submarkets, featuring over 3M SF of office space, and is recognized for its urban infill setting surrounded by high-growth areas, an expanding amenity base, and connectivity to all of the city’s major hubs. Accent Cumberland will benefit tremendously upon the submarket’s urbanizing trajectory and growth.
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Accent Glassworks (U/C)
282 Units
521 Great Circle Road
Nashville, TN  37228
Type:  Multifamily
Closed: 8/28/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of 53 West in Hall County, Georgia. The property boasts best-in-class interiors and amenities nestled into a private, nature-filled environment. 53 West has demonstrated its extreme desirability throughout a lease-up that averaged 23+ move-ins per month, all while offering zero concessions. The property is now 100% leased, providing a solid, sustainable foundation for market rent growth via strategic rent increases across all floorplans. Located in Oakwood, a rapidly growing suburb Northeast of Atlanta, and directly proximate to all surrounding economic nodes, 53 West is primed for years of sustained growth and impressive performance.
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53 West
266 Units
1000 Wood Acres Road
Oakwood, GA  30566
Type:  Multifamily
Closed: 8/25/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Watermark at Bridge Street Town Centre, a Thompson Thrift Company. The property offers 244 Class A+ units located in the rapidly expanding city of Huntsville, AL. Huntsville, arguably one of the hottest economic metros in the U.S., has added 12K+ jobs & $5B of capital investments since 2018. Embedded within the Bridge Street Town Centre development, the subject offers walkability to 550K+ SF of Class "A" retail & office space. The asset is adjacent to Cummings Research Park, the 4th largest research park in the world, which is home to 300+ companies & 27K+ jobs. Delivered in March 2019, Watermark is the pinnacle of new residential design, featuring designer finishes & state-of-the-art amenities. The asset has proven out excellent lease-up velocity & is primed to capture substantial organic rent growth through second-generation leasing. The subject’s quality construction, retail walkability, and connectivity to massive job cores will position future ownership to achieve profitable upward momentum.
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Watermark at Bridge Street
244 Units
6854 Governors West NW
Huntsville, AL  35806
Closed: 7/9/2020