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.
...
Sold
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.
...
Sold
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.
...
Sold
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.
...
Sold
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.
...
Sold
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.
...
Sold
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.
...
Sold
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.
...
Sold
The District
309 Units
100 District Drive
Asheville, NC  28803
Type:  Multifamily
Closed: 8/7/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 167-unit Stonegate at Eagle’s Landing and the 300-unit Mandalay Villas in Henry County, Georgia. Henry County is one of Atlanta’s top growth corridors with over 15% projected household income and population growth over the next 5 years. Despite this impressive growth, Henry County’s apartment market has been extremely under-supplied since 2010 (2.4K units delivered), a catalyst for continued rent growth. Additionally, Henry County’s industrial market is booming with 13.4M SF under construction/proposed, creating an additional 8.9K jobs. These strategic locations are further bolstered by the surrounding demographics. Stonegate at Eagle’s Landing and Mandalay Villas present the opportunity to acquire a value-add portfolio below replacement cost in one of the Southeast’s main distribution markets.
...
Sold
Stonegate at Eagle's Landing & Mandalay Villas (2 properties, 467 units)
Mandalay Villas
300 Units
1395 Towne Centre Village Drive
McDonough, GA  30253
Type:  Multifamily
Closed: 6/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 167-unit Stonegate at Eagle’s Landing and the 300-unit Mandalay Villas in Henry County, Georgia. Henry County is one of Atlanta’s top growth corridors with over 15% projected household income and population growth over the next 5 years. Despite this impressive growth, Henry County’s apartment market has been extremely under-supplied since 2010 (2.4K units delivered), a catalyst for continued rent growth. Additionally, Henry County’s industrial market is booming with 13.4M SF under construction/proposed, creating an additional 8.9K jobs. These strategic locations are further bolstered by the surrounding demographics. Stonegate at Eagle’s Landing and Mandalay Villas present the opportunity to acquire a value-add portfolio below replacement cost in one of the Southeast’s main distribution markets.
...
Sold
Stonegate at Eagle's Landing & Mandalay Villas (2 properties, 467 units)
Stonegate at Eagle's Landing
167 Units
700 Rock Quarry Road
Stockbridge, GA  30281
Type:  Multifamily
Closed: 6/18/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Grayson Luxury Apartments, a 330-unit community located in Spring, Texas, a desirable north Houston enclave. Situated just west of Interstate 45, The Grayson offers excellent commuter connectivity to downtown and the burgeoning north Houston region. The Grayson is poised to benefit from significant corporate investment from Exxon Mobil and HP’s new campuses along North Houston’s economic spine. This strategic location is further bolstered by the surrounding demographics where average household income exceeds $100,000 within a one-mile radius. Additionally, skyrocketing rents in the Woodlands submarket to the north are now pushing residents south, allowing The Grayson to capture traffic from priced out corporate employees. The Grayson represents the opportunity to acquire an attractively positioned property in one of Houston’s burgeoning markets with stellar rent growth projections driven by limited pipeline.
...
Sold
The Grayson
330 Units
4115 Louetta Rd.
Spring, TX  77388
Type:  Multifamily
Closed: 4/24/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 308-unit Mansfield on the Green apartment community in Mansfield, Texas, a rapidly-expanding suburb of the high-growth DFW Metroplex. Completed in July 2018, this brand new asset is an integral part of a changing landscape of new upscale developments redefining the character of suburban Mansfield. Anchoring the south end of the prolific Texas 360 corridor equidistant to both Fort Worth and Dallas, Mansfield is an exceptional residential community with phenomenal population growth, $155,000+ average household incomes, and $300,000+ average home values. In addition to offering direct connectivity to primary DFW employment districts, Mansfield on the Green benefits from its location next to Mansfield National Golf Club and close proximity to Methodist Mansfield Medical Center and Joe Pool Lake. With its lease up rapidly approaching completion, the subject offers strong investment advantages through second generation rent increases and increasingly strong demand drivers.
...
Sold
Mansfield on the Green
308 Units
250 North State Highway 360
Mansfield, TX  76063
Type:  Multifamily
Closed: 4/2/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Commercial Kentucky are excited to present the exclusive listing of the 306-unit The Henry at Fritz Farm apartment community located in Lexington, Fayette County, Kentucky. The Henry at Fritz Farm is truly integrated into Lexington and the Southeast’s leading entertainment and retail district, The Summit at Fritz Farm. This mixed-use master plan features a 40K+ SF Whole Foods, over 245K of retail and restaurants, 44K+ SF of Class A office, and a 120-room upscale Origin Hotel. As Lexington continues to flourish through the growth of leading employment industries, including regional healthcare, higher education, the equine and bourbon industries, and tourism, The Henry at Fritz Farm will continue to attract an affluent regional resident profile. Lexington’s average household income is projected to increase by nearly 16% by 2022. Catalyzed by this strong job, population, and income growth, The Henry at Fritz Farm will be able to capitalize on this and provides investors a rare opportunity to own one of Lexington’s newest, most unique assets that will continue to achieve potential as additional retail is developed.
...
Sold
The Henry at Fritz Farm
306 Units
4100 Nicholasville Road
Lexington, KY  40517
Type:  Multifamily
Closed: 3/1/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Tremont - a 224-unit apartment community in the thriving Columbia, SC MSA. Built in 2016 and boasting top-of-market features and amenities, The Tremont is Urban Columbia’s premier upscale multifamily property. The asset is in close proximity to the area’s foremost employment centers as residents enjoy walking distance to University of South Carolina and Downtown Columbia, in addition to private access to the nearly 8-mile-long Cayce Riverwalk. The Tremont’s strong operations and above-market average occupancy in the trailing year (97%) provide the ideal launch-pad for organic rent growth as the property captures the current rent ceiling of $200+ provided by downtown. Minimal new supply that will compete with The Tremont coupled with the Cayce submarket's projection for the metro's highest rent growth through 2022 offer protection for the asset's long-term growth potential.
...
Sold
Advenir at One Eleven**
224 Units
111 Knox Abbott Drive
Cayce, SC  29033
Type:  Multifamily
Closed: 1/23/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Vestavia Reserve, 272 Class A++ units located in Vestavia Hills, Alabama. Delivered in 2016/2017 and nestled within one of Birmingham’s most affluent suburbs, Vestavia Reserve offers the ultimate in Southern suburban lifestyle. As the only Class A asset within the top-rated Vestavia Hills school district, the subject community competes directly with Homewood and Mountain Brook locations, boasts an outstanding demographic profile, and offers walkability to practical multi-use retail - all within an extremely high-barriers submarket.
...
Sold
Vestavia Reserve
272 Units
2300 Reserve Trail
Vestavia Hills, AL  35243
Type:  Multifamily
Closed: 11/9/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 312-unit Asheville Exchange luxury residences located in sought-after south Asheville, Buncombe County, North Carolina. This Class A asset is directly across from Asheville Outlets and offers direct access to I-26, downtown, and abundant shopping and restaurants. Brand new in 2017, Asheville Exchange represents an outstanding opportunity to invest in one of the Carolinas’ hottest apartment markets and the recently ranked #2 gentrifying city in the nation.
...
Sold
Asheville Exchange
312 Units
105 Exchange Circle
Asheville, NC  28806
Type:  Multifamily
Closed: 10/25/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 305-unit The Lively at Carolina Forest apartment community located in Myrtle Beach, SC. Featuring awe-inspiring curb appeal, top-of-the-line interiors and a market leading amenity package, The Lively at Carolina Forest is truly the premier multifamily asset in Myrtle Beach. Located in the self-sustaining planned community of Carolina Forest, the property offers an unmatched quality of life and is in close proximity to Myrtle Beach’s most coveted retail and entertainment destinations. Nearing completion of a rapid concession-free lease-up, the property offers exciting loss-to-lease upside of over $248,000 as 2nd generation leases are brought to market levels. With metro job growth expected to outpace new deliveries by 20:1 through 2021, The Lively at Carolina Forest is uniquely positioned to capitalize on long-term favorable fundamentals.
...
Sold
Lively at Carolina Forest
305 Units
107 Village Center Boulevard
Myrtle Beach, SC  29579
Type:  Multifamily
Closed: 10/3/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 500-Unit Trees of Newnan Community located in Newnan, GA. Comprised of two phases delivered in 2014 and 2016, this top of the market community boasts a strategic location in Atlanta’s thriving Southern Crescent. Demographics trends that mirror Atlanta’s Northern suburbs have driven rent growth nearly 45% since 2010. The Southern Crescent market has accounted for 14% of Atlanta’s population growth while only accounting for 3% of the metro’s new inventory this cycle. These incredible supply demand dynamics will translate to compelling growth that can be enhanced by elevating the overall property’s interior finishes to meet market demand. Trees of Newnan presents investors with a rare opportunity to acquire a Class-A asset in one of Atlanta’s affluent suburbs with immediate economies of scale.
...
Sold
Trees of Newnan
500 Units
300 Ashley Park Boulevard
Newnan, GA  30263
Type:  Multifamily
Closed: 9/27/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 323-unit Flats at Perimeter Place apartment community, which is situated in Atlanta’s largest employment nucleus - the rapidly expanding 135,000-job Central Perimeter corporate office/medical/retail district, which is home to the brand new State Farm and Mercedes-Benz corporate campuses. Flats at Perimeter is a rare Core+ opportunity boasting condo-quality epicore construction within an award winning, walkable mixed-use development. The proven in-place upgrade program can be elevated to position the property at the top of the market. Immersed in 4.5M SF of destination retail and coveted pedestrian MARTA access, the property is Central Perimeter’s most accessible and walkable community. With an affluent resident profile amidst a diminishing supply pipeline, Flats at Perimeter Place is uniquely positioned to capitalize on Atlanta’s most underserved Class A submarket.
...
Sold
Flats at Perimeter Place
323 Units
60 Perimeter Center Pl
Dunwoody, GA  30346
Type:  Multifamily
Closed: 9/24/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 97-unit Beaucatcher Flats apartment community located in the white hot market of Asheville, NC. Serving as Urban Asheville’s premier upscale multifamily community, Beaucatcher Flats is located less than one mile from Downtown Asheville, and within walking distance to Western Carolina’s largest employer, Mission Health (12,000 total employees). The property is also situated at one of Asheville’s highest elevation points providing picturesque mountain views. Nearing completion of the initial lease-up, Beaucatcher Flats will deliver concession-free with the ability to push rents on 2nd generation leases and grow ancillary income from multiple sources.
...
Sold
Beaucatcher Flats
97 Units
128 Florence Street
Asheville, NC  28801
Closed: 9/21/2018
Sold
The Moderne At Providence
300 Units
30 Gates Mill Street NW
Huntsville, AL  35806
Type:  Multifamily
Closed: 9/12/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 323-unit The Marquis on Berkeley apartment community located in Duluth, Gwinnett County, GA. The Marquis on Berkeley is located within the Northeast Atlanta path of progress, just minutes from millions of SF of Class A office space, thousands of jobs, national retail, major entertainment centers, and back-door access to North Fulton. High-income families are moving to the northern suburbs due to the award-winning schools and large concentration of jobs, driving home values and income. Given a five-mile radius of The Marquis on Berkeley, average HHI is projected to grow by more than 15% over the next five years. The Marquis on Berkeley represents an opportunity to acquire a true value-add property in a premier, growing location.
...
Sold
The Marquis on Berkeley
323 Units
2580 North Berkeley Lake Road
Duluth, GA  30096
Type:  Multifamily
Closed: 9/6/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 329-unit Junction at Antiquity apartment community located in the high growth Lake Norman area of the Charlotte, NC MSA. Embedded in the "smart-growth" planned community of Antiquity, Junction is uniquely positioned in a rapidly expanding suburb with blue-chip demographics, top-notch public schools and high quality employment opportunities. Boasting high-end finishes and market leading amenities, Junction at Antiquity is poised to experience impressive organic upside as initial lease-up rents are brought to current market levels.
...
Sold
Junction at Antiquity
329 Units
22415 Market Street
Cornelius, NC  28031
Type:  Multifamily
Closed: 8/8/2018
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 202-unit One White Oak apartment community in north metropolitan Atlanta, Forsyth County, Georgia. Completed in November 2017 and representing the ultimate in new suburban apartments, One White Oak benefits from its location two miles east of the busy GA 400/Hwy-20 interchange, home to the expanding Northside Hospital Forsyth campus. Positioned at the north end of the GA 400 corporate corridor and ranked by Forbes as one of the country’s wealthiest counties, Forsyth County is one of the fastest-growing counties in the U.S. and offers some of the highest-ranked schools in the state.
...
Sold
One White Oak
202 Units
2080 One White Oak Lane
Cumming, GA  30041
Type:  Multifamily
Closed: 7/23/2018