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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Riley, a 178-unit, 2023-built apartment community in Burleson, Texas, a high-growth suburban community south of Fort Worth. The Riley is positioned along major highways, offering convenient access to DFW’s major employment hubs and a workforce of 650,000 within a 25-minute drive, including the Near Southside Medical District (with over 39,000 jobs), Downtown Fort Worth (boasting 52,100 jobs), and Lockheed Martin (employing over 18,200 individuals). The Riley’s proximity to Burleson’s prominent retail, entertainment, and recreational options continues attracts new residents. Favorable demographics and strong multifamily fundamentals help establish considerable upside for The Riley in the years ahead.
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Sold
The Riley
178 Units
480 Commons Dr
Burleson, TX  76028
Closed: 11/7/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Lux on Main, a 352-unit transit-oriented multifamily asset strategically located in Carrollton, Dallas’ premier suburban submarket. Situated in a walkable, urban micro-location, Lux on Main is an irreplaceable asset with high-quality finishes and 4,059 SF of fully-leased retail space providing additional income. The Property’s superior location offers exceptional access to the DART Rail Line, connecting to DFW’s major employment and entertainment nodes, as well as desirable lifestyle amenities such as Downtown Carrollton. Lux on Main provides direct access to numerous Fortune 500 headquarters (such as ExxonMobil and McKesson Corp.), plus more than 2.65 million jobs within a 30-minute drive. Lux on Main is positioned for long-term sustainability, as it is insulated from future supply and has achieved an impressive 22% increase in rents since 2021 with an average occupancy of 96%.
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Sold
Lux on Main
352 Units
1011 S Main St
Carrollton, TX  75006
Type:  Multifamily
Closed: 10/8/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Remington Ridge, a 133-unit, 2022-built apartment community located in the thriving Fort Worth suburb of Weatherford. Remington Ridge offers prospective buyers an exceptional opportunity to acquire a newly constructed asset in a rapidly growing suburb of the fastest-growing city in America. Situated seconds from I-20, tenants possess immediate access to Weatherford’s premier retail corridor, quality education centers, and convenient access to Fort Worth and Arlington’s diverse roster of major job hubs. The opportunity is further bolstered by a clear path to additional income provided by the ability to push second-generation leases, development of Phase II, additional Phase I investment, capture of water/sewer reimbursements, and placement of a consistent management team on site.
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Sold
Remington Ridge
133 Units
360 Kirkpatrick Dr
Weatherford, TX  76087
Closed: 3/19/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Duke apartment community, comprised of 252 units and nestled in the vibrant city of Victoria, TX. This exceptional property presents a highly appealing investment opportunity, boasting assumable debt with an attractive interest rate of 3.5%. Ideally situated in a sought-after Victoria location, The Duke enjoys proximity to prominent retailers and employers, further enhancing its appeal. Moreover, this modern community sets itself apart with the finest unit and community amenities available in the area. Constructed in 2016, The Duke represents a prime chance to invest in a premier asset supported by exceptionally favorable assumable debt terms.
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Sold
The Duke
252 Units
301 Augusta Drive
Victoria, TX  77904
Type:  Multifamily
Closed: 2/29/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Main Street Lofts, a newly constructed suburban community comprising 266 units strategically located in Mansfield, Texas. Main Street Lofts is an institutional-quality asset, boasting top-of-the-market unit and community features in one of the fastest-growing suburbs in Dallas-Fort Worth. The property is nearing stabilization, achieving robust lease trade-outs with an average increase of $241 in effective rent. Furthermore, Mansfield’s rapidly expanding population, thriving job market, and increasing home prices are poised to drive rental demand. With a projected economic activity exceeding $650 million, the area exhibits limitless potential for future growth as well. Situated in the center of DFW, Main Street Lofts offers exceptional accessibility to premier job nodes and entertainment venues, with over 2.15 million jobs within a 30-minute drive. The property is walkable to Town Park, Walnut Creek Linear Trail, and Downtown Mansfield, featuring a variety of restaurants and shops. Main Street Lofts is primed for long-term sustainability, as the opportunity to drive rent growth establishes a solid foundation for future prosperity
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Sold
Main Street Lofts
266 Units
715 N. Main Street
Mansfield, TX
Closed: 12/13/2023
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.
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Sold
The Grayson
330 Units
4115 Louetta Rd.
Spring, TX  77388
Type:  Multifamily
Closed: 4/24/2019