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
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of the 241-unit Lofts at Zebulon apartments in Macon, Georgia. Completed in 2019, Lofts at Zebulon represents an outstanding opportunity to invest in a high-performing, best-in-class asset. Lofts at Zebulon is primed to explore additional revenue streams through second generation lease growth, charging for additional utilities, digital monument advertising, and on-site retail. The property is located adjacent to the premier shopping district Plantation Center and in a market with impressive fundamentals. The Macon-Warner Robins MSA is supported by its major economic drivers: Healthcare, Education, Manufacturing and Aerospace. Major employers such as Geico, Amazon, Navicent Health, Robins Air Force Base, and Tyson call Middle-Georgia home.
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Lofts at Zebulon
241 Units
5801 Zebulon Road
Macon, GA  31210
Type:  Multifamily
Closed: 4/14/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 283-unit Bluebird Row apartments in Hamilton County, Chattanooga, Tennessee. Completed in 2019, Bluebird Row features an unrivaled amenity package and superior unit finishes and is the only true Class AA property in the market. Residents enjoy excellent walkability, an urban lifestyle, and immediate access to over 85k jobs in Chattanooga’s rapidly expanding downtown. Additionally, the property is conveniently located just 0.6 miles from I-24 which provides residents with quick access to Volkswagen and Amazon. Catering to Chattanooga’s most sophisticated tenant base and leasing an average of about 25 units per month, Bluebird Row sets the stage for above-market rental growth.
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Bluebird Row
283 Units
1348 Passenger Street
Chattanooga, TN  37408
Type:  Multifamily
Closed: 3/4/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is honored to present the exclusive listing of lilli Midtown, a boutique trophy high-rise strategically positioned in the heart of Midtown Atlanta. Lilli Midtown’s brilliant architecture and top-notch finishes attract an affluent demographic. This asset offers a luxurious lifestyle with sought-after culture while also being anchored by numerous office and retail developments with 11K+ new jobs arriving within three blocks over the next three years. This unique and exciting location is at the crosshairs of the prominent Peachtree Street and Ponce De Leon corridors. Situated at the epicenter of a highly dynamic and energetic area, lilli Midtown is poised for substantial growth.
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lilli Midtown
147 Units
693 Peachtree Street
Atlanta, GA
Type:  Multifamily
Closed: 2/18/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of WILLIS Avondale Estates, a 197-unit mixed-use apartment community located in Avondale Estates, the rapidly urbanizing East node of Decatur, Georgia. Directly adjacent to Downtown Decatur and walkable to MARTA, WILLIS is in the path of growth as Downtown Decatur continues its natural extension along the East College Avenue corridor. Avondale Estates is an affluent node of Decatur offering an eclectic blend of authenticity and culture through its historic charm and collection of highly-rated restaurants and breweries. Ownership will benefit from Decatur’s favorable growth projections, as well as the unique tax abatement providing a notable cash flow boost.
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WILLIS Avondale Estates
197 Units
2700 E. College Avenue
Decatur, GA  30030
Type:  Multifamily
Closed: 2/3/2020
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:  Multifamily
Closed: 12/18/2019
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:  Multifamily
Closed: 12/16/2019
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:  Multifamily
Closed: 12/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Inspire SouthPark, a generational, 369-unit NGBS-Bronze-Certified apartment community located in Charlotte’s most affluent submarket of SouthPark. As one of the most sought-after residential locations in the Southeast, SouthPark is infill Charlotte’s premier live-work-play destination defined by upscale retail, trendy restaurants, and Fortune 500 employment centers across a walkable urban backdrop. Recognized as the city’s "Best Residential Development" by the Charlotte Business Journal at the 2018 CRE Heavy Hitters Awards, Inspire SouthPark boasts best-in-market amenities focused on micro-experiences, a distinguished presence along heavily-trafficked Sharon Road, and the neighborhood’s best access to Charlotte’s CBD. With stabilization imminent following Inspire SouthPark’s remarkably rapid lease-up, investors are ideally positioned to realize embedded rent growth driven by the continuation of lease-up burn off, attractive fundamentals highlighted by blue-chip renter profiles, and catalyzing new development that will redefine SouthPark’s positioning as Charlotte’s premier submarket.
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Inspire SouthPark
369 Units
345 Sharon Township Lane
Charlotte, NC  28211
Type:  Multifamily
Closed: 11/12/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky are excited to present the exclusive listing of the 300-unit Axis on Lexington community in Louisville, Jefferson County, Kentucky. Completed in November 2017 and representing the ultimate in downtown living, Axis on Lexington is embedded in one of Louisville’s trendiest urban neighborhoods. With Louisville catalyzed by heightened economic activity, population and job growth are projected to continue for the foreseeable future. Population is projected to expand 20% by 2040, while jobs are projected to increase by nearly 10% by 2022. Axis on Lexington will be able to capitalize on this growth and provides investors a rare opportunity to own one of Louisville’s newest assets.
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Axis on Lexington
300 Units
303 Axis Drive
Louisville, KY  40206
Type:  Multifamily
Closed: 10/22/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 232-unit 464 Bishop apartment community in the affluent Loring Heights, Buckhead’s southernmost neighborhood. Completed in 2017, this top-of-market urban infill midrise represents an impressive long-term hold opportunity due to the unwavering job growth in Midtown and new commercial development in West Midtown. Strategically rooted in Loring Heights, surrounded by game-changing development, and the emergence of the westside Beltline positions 464 Bishop to continue driving rents. The recently stabilized 464 Bishop has demonstrated substantial effective rent growth and concession burn-off through the fourth quarter of 2018, demonstrating the unlimited long-term asset appreciation.
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464 Bishop
232 Units
464 Bishop Street
Atlanta, GA  30318
Type:  Multifamily
Closed: 10/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the historic, 166-unit Highland Mill Lofts apartment community in the heart of Charlotte, North Carolina’s unique epicenter for arts and entertainment, the North Davidson neighborhood (NoDa). With a prominent presence on North Davidson Street, and barbelled by two LYNX Blue Line stations, Highland Mill Lofts offers investors the rare opportunity to acquire a historic landmark that provides a 50% perpetual annual tax abatement, boasts the largest floor plans in the submarket, and delivers a diversified income stream through over 11,000 sqft of leased retail space. Highland Mill Lofts is ideally positioned in Charlotte’s fastest growing submarket, as NoDa promises an attractive value proposition for those seeking a unique community with seamless connectivity.
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Highland Mill Lofts
166 Units
2901 N. Davidson Street
Charlotte, NC  28205
Type:  Multifamily
Closed: 10/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The George & The Leonard, two premier apartment communities in the rapidly-expanding Memorial Drive corridor of Atlanta’s Eastside submarket. Completed in 2017 and 2015, Urban Realty Partners consistently delivers institutional quality product in rapidly evolving locations. The properties are complemented by their own 11,581 SF of boutique retail and are also strategically positioned along Memorial Drive and integrated with Atlanta’s BeltLine Trail connecting The George & The Leonard to the city’s most powerful amenities. The properties boast established transit-oriented locations via immediate proximity to the King Memorial Marta Station. Furthermore, The George & The Leonard’s Memorial Drive location provides direct connectivity to Midtown and Downtown, Atlanta’s major hubs for jobs and culture.
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The George & The Leonard (2 properties, 217 units)
The George
132 Units
275 Memorial Drive SE
Atlanta, GA  30312
Type:  Multifamily
Closed: 10/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The George & The Leonard, two premier apartment communities in the rapidly-expanding Memorial Drive corridor of Atlanta’s Eastside submarket. Completed in 2017 and 2015, Urban Realty Partners consistently delivers institutional quality product in rapidly evolving locations. The properties are complemented by their own 11,581 SF of boutique retail and are also strategically positioned along Memorial Drive and integrated with Atlanta’s BeltLine Trail connecting The George & The Leonard to the city’s most powerful amenities. The properties boast established transit-oriented locations via immediate proximity to the King Memorial Marta Station. Furthermore, The George & The Leonard’s Memorial Drive location provides direct connectivity to Midtown and Downtown, Atlanta’s major hubs for jobs and culture.
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The George & The Leonard (2 properties, 217 units)
The Leonard
85 Units
301 Memorial Drive
Atlanta, GA  30312
Type:  Multifamily
Closed: 10/11/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Vistana, a striking 247-unit apartment tower in downtown San Antonio, Texas. As San Antonio’s only residential highrise, this marquee asset is primed to benefit from the city’s nationally-leading population growth and its location in the top state for business. High-profile corporate relocations and expansions, coupled with catalytic local developments such as the San Pedro Creek Culture Park and Alameda Theater restoration, continue to fan San Antonio’s unprecedented downtown revitalization. Further, investors will appreciate immediate investment upside via moderate interior upgrades and amenity enhancements. Overall, The Vistana represents a markedly rare opportunity to acquire the most prominent San Antonio multifamily asset at significantly below replacement cost value.
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The Vistana
247 Units
100 N Santa Rosa Street
San Antonio, TX  78207
Type:  Multifamily
Closed: 10/8/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Ellis, a timeless apartment community located in Savannah, GA. Completed in 2019, The Ellis represents a rare opportunity to acquire one of Savannah’s only fully-amenitized, true Class A multifamily assets near Downtown. The property’s strategic market position provides a compelling value proposition with direct connectivity to a plethora of retail, dining, and entertainment, as well as convenient access to the barrier islands. The Ellis will directly benefit from Savannah’s continued population and job growth, as well as the city’s prolific economic impact on Georgia and the nation.
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The Ellis
235 Units
3 Woodcock Road
Savannah, GA  31404
Type:  Multifamily
Closed: 10/3/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The District, a brand new, mixed-use community featuring 309 apartment units and 8,465 square feet of retail space located in urban Asheville, North Carolina’s focal point for retail and entertainment, the Historic Biltmore Village neighborhood. With unparalleled midrise design that represents the pinnacle of apartment living in Asheville, The District offers the rare opportunity to acquire the premier core asset in a rapidly expanding market. Recently achieving stabilization at the conclusion of Asheville’s best lease-up since 2015, The District is poised to continue proven 8%+ rent growth on the next generation of leases, driven by Buncombe County’s highest-earning renter pool, irreplaceable convenience to expanding blue-chip employers, and the highest jobs-to-supply ratio in the Carolinas.
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The District
309 Units
100 District Drive
Asheville, NC  28803
Type:  Multifamily
Closed: 8/7/2019