Property Listings

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±35.7-acre Eden Village Development Site located in Denton, TX (Dallas-Fort Worth metroplex). The exceptionally located residential site lends itself well to both build-to-rent and for sale development, as evidenced by high rental rates and home values in the area. Both uses are permitted by zoning. The site will be delivered with finished lots ready for vertical construction, with the majority of the sitework already complete. Denton, 45 min from downtown Fort Worth & 1 hr from downtown Dallas, is a unique and culturally rich university town with a historic downtown that has seen an explosion in development and employment opportunities in recent years. The Eden Village Development Site benefits from strong fundamentals in a growing North Texas market and is an excellent opportunity to assume an expedited development timeline.

Cushman & Wakefield’s Multifamily Advisory Group is pleased to offer for sale the Edge 400 Apartments, an approved 180-unit transit-oriented apartment development opportunity located in Hartford, Connecticut. The 5-acre site is strategically located near the West Hartford town border, minutes from Interstate 84 and equidistant to downtown Hartford and West Hartford Center. The location is convenient to major nearby employers as well as the incredible assortment of lifestyle amenities available in West Hartford.

The project is fully approved as 180-units, 100% market rate, across three (3) four (4) story wood framed buildings with 184 surface parking spaces. Alternatively, with administrative approval by the city, there’s an opportunity to increase the project to 231-units by constructing a single 5 story building (comprised of 4 levels of wood framing over a single level podium structure) with 294 parking spaces (105 covered/below building and 189 surface spaces). The Edge 400 Apartments will feature first-class finishes and appliances within the units, state-of-the-art technology, and beautiful landscaped grounds. Located adjacent to West Hartford, the project will offer future residents an excellent lifestyle with convenient access to all that Hartford and West Hartford offer.

The City of Hartford has a variety of financial incentives to support development, including a long-term tax abatement program and low-cost secondary financing through the Capital Region Development Authority (CRDA). The incoming developer will be able to leverage these incentives. Given the groundwork completed to date by the current ownership, these financing incentives should be able to be advanced quickly.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Elan Brookwood, a truly differentiated 395-unit multifamily asset with carefully curated amenities, high quality finishes, 1,000+ SF unit sizes, and 35 highly sought-after townhomes. Elan Brookwood is ideally positioned within Cobb County, one of Atlanta’s most desirable counties to live and invest in. The property has immediate access to charming and expanding Downtown Austell, offering historic restaurants, shops, breweries, co-working, and recreational spaces, as well as a rapidly growing healthcare employment presence.

Residents benefit from Elan Brookwood’s immediate walkability to a grocery store and other neighborhood retail amenities - a true rarity among suburban properties - while also enjoying quick access to key job hubs throughout the I-75 corridor and intown Atlanta. Elan Brookwood attracts Atlanta’s young professionals and mature residents achieving a $100K+ average household income and a ~4.3 Rent-to-Income ratio. Furthermore, the asset’s strong occupancy trends of 95% (30-day) and 93% (60-day) position it well for continued growth.

The Cushman & Wakefield Land Advisory Group is pleased to present Elevation, Gwinnett County’s last remaining master planned opportunity. The site is fully entitled for 1,008 single-family lots across three distinct tracts, with Land Disturbance Permits (LDPs) currently being prepared.

Key Features Include:

• Unmatched opportunity to control 5+ years of pipeline in Atlanta’s most sought-after suburb.
• Gwinnett County has been a top-2 county for growth in Metro Atlanta since the 1980’s, resulting in a critical shortage of homes and residential land.
• The site has been value-engineered to maximize development efficiencies and minimize off-site costs.
• Seller’s efforts to obtain LDPs are advanced. Approved permits for the project’s first 368 lots are expected in Q1 2025 with the balance expected in Q2 2025.
• Convenient access to employment hubs, one of Georgia’s best performing school districts, and the region’s best retail area, all while only a 45-minute drive to Midtown.

Elevation is the premier master planned homebuilding opportunity of its scale in one of Metro Atlanta’s top growth counties.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 132-unit Emerald Lake apartment community located in Elizabeth City, NC. Built in 1999, Emerald Lake offers an outstanding opportunity to invest in a very stable asset with significant growth potential. The unique Elizabeth City market presents positive demographics and multifamily growth attributes, including a 52% white collar population and sustained 96%+ historical and projected occupancy levels. The property’s proximity to major coastal attractions and economic drivers, such as the Outer Banks and Naval Base Norfolk, the largest Navy base in the world, provides a healthy and growing economy in the region. Through the completion of the renovation program, where renovated units are achieving $104+ premiums over classic units, incoming investors can increase annual revenue by 22%+.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Enclave at Breckenridge – a 376-unit apartment community in Louisville, Kentucky. The property offers investors a rare opportunity to achieve immediate scale in the high-growth Louisville market. Ideally located near the MSA’s major employment centers, Enclave at Breckenridge provides direct access to the region’s top manufacturing facilities, acclaimed healthcare network as well and the University of Louisville’ sprawling campus. This unique combination of upside, location, and connectivity positions Enclave at Breckenridge as a highly compelling investment opportunity in one of the Southeast’s most dynamic multifamily markets.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Enclave at Oakhurst, an 84-unit apartment community located in the heart of East Charlotte, NC. Built in 1986, the property offers immediate value-add upside through a proven renovation program and the opportunity to implement a “2.0” upgrade package. Enclave at Oakhurst benefits from its strategic location near major employment corridors and the future LYNX Silver Line, providing residents with seamless access to Uptown, SouthPark, and University City. The surrounding submarket is experiencing rapid transformation, fueled by the Eastland Mall redevelopment and a highly educated, affluent renter base ($102K Avg HHI, 55% renter population). With $145+ rental headroom to top market competitors and a projected 24% rent growth over the next four years, Enclave at Oakhurst represents a compelling opportunity to acquire a well-located asset with assumable below-market debt (3.67%) and strong long-term fundamentals.

Investment Highlights:

- Rare North Colorado Springs infill opportunity.

- All 1 Bed / 1 Bath units with terraces.

- Fully approved development plans for 40 units.

- Minutes from local retail, dining, and entertainment options through the North Academy Blvd Corridor.

Cushman & Wakefield Senior Housing Capital Markets ("C&W") in its exclusive representation of Urban Atlantic ("Sponsor"), an experienced Washington, DC based developer, is seeking a limited partner (LP) equity investor for the adaptive reuse redevelopment of a suburban office complex into a 180-unit active adult (55+) apartment community in Fairfax, Virginia, an affluent suburb of Washington, DC. Fair Lakes ("Subject," "Community," "Asset") will offer luxury amenities and finish levels, catering to the sizeable population of seniors in one of the wealthiest areas of the nation with units that are on average greater than 10% larger than the closest competitors.

The Community will be located approximately 22 miles west of downtown Washington, DC with close access to dining, entertainment, and retail. Fairfax is one of the wealthiest suburbs of Washington. Within 10 miles of the site, there are more than 872,000 people, including an exceptional 98,549 seniors age 65+ with over $50,000 in annual income. Additionally, the median home value within a ten-mile radius is an impressive $536,000.

The Site is ideally located within walking distance of East Market at Fair Lakes, a Whole Foods-anchored retail power center with visibility from Route 66, one of the most heavily trafficked arteries in the entire region, and adjacent to a 197-home development sponsored by local developer Peterson Companies with average home sales approaching $900,000.

The Sponsor is seeking approximately $26.4M of limited partner equity. The LP will receive customary rights and controls. Bozzuto, an award-winning national operator headquartered in Washington, DC, is engaged to manage the community upon completion.

The Fairway, a 167-unit, 298-bed student housing community, enjoys a strategic position near Purdue University’s bustling campus. With over 58,000 students within walking distance, The Fairway is poised to capture demand from an expanding student base seeking an attainable rental price point compared to new-construction properties which are 27.6% more expensive with an average market rent of $1,139 per bed.

The Fairway was originally constructed in the 1960s and had a third phase delivered in 2007. In 2018, all 12 buildings received extensive renovations, including brand-new appliances, in unit washer/dryer, upgraded flooring, stylish countertops, and modern cabinets. The property boasts ample amenities, including a pool, hot tub, fitness center, community room, and fenced dog park.

Recently renovated, well-amenitized, off-campus student housing

a. Recently renovated units featuring in unit washer/dryer, stainless-steel appliances, vinyl plank flooring, quartz countertops and modern cabinets

b. Full amenity package featuring a pool, hot tub, fitness center, community room, and fenced dog park

c. Well positioned just one mile from Top 10 Nationally Ranked Purdue University - over 58,000 students and 18,000+ employees

d. Immediate access to top retailers including grocers Walmart, Fresh Thyme, and Aldi, along with major convenience stores Walgreens and CVS

Record setting applications & minimal supply

a. Record number of applicants – Purdue University saw 7.8% YOY growth in applications for the 2024/25 school year with 78,526 submissions, and a 37.1% cumulative increase over the past 5 years

b. Outsized rent growth and tight occupancy driven by record enrollment - 16.6% rent growth in 2024 at Purdue with 98.8% occupancy, with 10.4% average YoY rent growth over the past 5 years for off-campus housing

c. Full-time enrollment dramatically outpaces supply – with 12,936 beds, off-campus supply equates to 26.2% of full-time enrollment, and only grew 3.9% (1,105 beds) in 2024 compared to a 10.6% increase in full-time enrollment

Opportunity to invest capital to elevate the asset and push rent

a. Despite being in receivership since December 2023, the asset has seen rent grow a staggering 17.2% from $761 per bed in 2024/25 to pre-leasing at $892 per bed for the 2025/26 school year

b. Average Off-Campus Rent/Bed is $1,078, a $186 gap that can be taken advantage of with additional capex to improve property condition, rejuvenating amenities, implementing a shuttle service and furnishing the units

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Falling Creek Apartments, a 348-unit apartment community with 3 commercial spaces, located in Richmond, VA. The Property is located in Chesterfield County with direct access to Jefferson Davis Highway and I-95, providing immediate connectivity to the entirety of the Richmond MSA, major regional employers, and prominent retail amenities. Built in 1964, Falling Creek offers investors the opportunity to acquire a value-add property in the expanding Richmond market. The property offers proven value-add upside, as it is currently achieving $155 premiums on renovated units, which was recently increased to $170 based on the significant demand. This provides new ownership with a clear path to increased rental income and upside, as 58% of the units are in classic condition. Additionally, Falling Creek’s market rents are among the lowest of the nearby competitive set, allowing room for further rent increases beyond the achieved renovation premium, especially since 30% of the units are townhome style. The property has been outperforming the broader market over the past year, with a 5.7% increase in gross potential rent, and stands to benefit from the high-growth submarket fundamentals, where rent is expected to grow by 4.5% over the next five years. Falling Creek has been exceedingly well maintained with over $2.87MM invested by current ownership alone on unit upgrades, systems improvements, common area upgrades, roof replacement, and general base building improvement and preservation, liming future risk for an investor. The significant upside potential of Falling Creek, combined with its desirable size and location within the stable and expanding Richmond economy, creates an attractive opportunity for a new investor.

Cushman & Wakefield is pleased to offer FLATZ 602, a 180-unit modular garden style apartment community constructed in 2023 by Z Modular. FLATZ 602 offers its residents a high quality lifestyle experience near some of the West Valley’s largest employment and entertainment centers.

Z Modular specializes in modular building solutions that streamline the construction process. Using an innovative steel-based, prefabricated system, Z Modular delivers high-quality, customizable building components that can be rapidly assembled on-site. This approach not only reduces construction timelines and costs but also enhances structural integrity and sustainability.

Flatz 602 offers tenants a range of well thought-out floor plans, including studios, one bedroom and two bedroom floor plans, each offering high end finishes in a contemporary design. Each unit includes stainless steel appliances, quartz countertops with tile backsplashes, goose-neck faucets, kitchen islands with pendant lighting, plank style flooring, and spacious walk-in closets with built-in shelving, and private patio or balconies. A range of top-quality amenities are available to residents of Flatz 602 such as a resort style luxury pool and spa, state-of-the-art fitness center, co-working lounge with an indoor entertainment space and a billiards table. The community also offers a secure, gated entry, a pet park, and barbeque areas.

The property is being offered on a free and clear basis allowing purchasers the opportunity to acquire the property using their own financi.

The Flying Horse Development Site is a 5.915-acre shovel ready site located in the highly sought after Flying Horse masterplanned community in North Colorado Springs. This development site is the only land currently available in Flying Horse that is zoned for multifamily, offering an abundance of optionality; whether developing Apartments, Active Adult, For Sale product, or Build-for-Rent product.

Investment Highlights:

• Only available site zoned multifamily within the Flying Horse master-planned community

• Currently entitled for 118 units and 20 DU/Acre

• The Flying Horse Community & Club features two pristine 18-hole golf courses, 43,000 SF clubhouse, fitness facilities, renowned Spa at Flying Horse, world-class steakhouse and dining

• Located in the highly desirable Academy School District 20 that consistently ranks in the top two districts in Colorado Springs

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±14.41-acre Frisco Fresh Market Multifamily Site, located at the high-traffic intersection of Main Street and Frisco Street in Frisco, TX. Enabled by Texas Senate Bill 840, the site allows multifamily development by right at a minimum of 36 units per acre, supporting up to 518 units. Surrounded by major regional attractions including Toyota Stadium, The Star, Field House USA, Frisco Square, and Legacy West, the site benefits from strong visibility, sustained foot traffic, and long-term demand drivers. Exceptional demographics, A+ rated schools, and robust multifamily fundamentals further enhance the appeal, with Class A rents exceeding $2,100 and projected growth through 2030. Its location offers direct access to major employers such as Toyota, JPMorgan Chase, and FedEx, making it a premier opportunity in one of North Texas’s most dynamic corridors.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±35.31-acre Green Level Mixed Use Development Site located in Cary, NC – one of the nation’s most desirable places to live, work, play, and do business. Strategically located along Green Level West Road, the site is fully entitled for a high-density, mixed-use development allowing up to 700 residential units and 120K SF of commercial and office space. It sits at the heart of Cary’s emerging Green Level Mixed-Use Destination Center, adjacent to Duke Health’s planned 80-acre medical campus and surrounded by transformative infrastructure investments. With direct access to I-540, top-rated schools, expansive parks, and proximity to the 65,000-job Research Triangle Park, the site is ideally positioned within one of the fastest-growing and most affluent submarkets in the region. Supported by strong rent growth projections, favorable demographics, and an expanding innovation economy anchored by Fortune 500 employers, the Green Level Mixed Use Development Site represents a rare opportunity to deliver a dynamic, mixed-use multifamily community in a premier Raleigh-Durham MSA location.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±10.47-acre Harborside Active Adult Site located in Sherrills Ford, NC. The development opportunity is located within The Village at Sherrills Ford - a 206-acre, master-planned town center along the shores of Lake Norman, Charlotte’s premier lake. This shovel-ready site is approved for 182 active adult units with PD-CD zoning including land disturbance permit and building plan approval, allowing a developer to commence construction upon coordination with Catawba County and the State. Strategically positioned with direct access to NC Hwy 150 and within minutes of I-77 and the NC-16 Bypass, the Harborside Active Adult Site benefits from exceptional regional connectivity and is surrounded by 600K SF of new retail, commercial, and lifestyle amenities. Strong age-restricted housing demand, favorable demographics, and Charlotte’s ongoing growth trajectory further enhance the investment appeal of this premier active adult development opportunity.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 246-unit Haven at Liberty Hills apartment community located in Houston, TX. This asset is situated in the thriving Northeast Houston submarket, surrounded by major employment hubs, with convenient access to Houston’s transportation corridors. Built in 2018, Haven at Liberty Hills represents an outstanding opportunity to invest in a positively performing asset with proven upside.

Cushman & Wakefield is pleased to present the opportunity to acquire Hayden Park, a 182-unit garden style apartment community located on Hayden Road just outside of Old Town in Scottsdale, Arizona.

Hayden Park offers a proven path to increase net operating income and value by continuing the upgrade program already started by current ownership. Since 2022 current ownership has renovated 46 units (approximately 25% of the property) to the “Platinum” level and have achieved a monthly rent premium of over $300 per unit. By continuing this renovation program net operating income can potentially be increased by an additional $445,000. For a detailed description of the unit interior renovation scope see pages 14 - 18 of the OM.

Beyond the unit interior renovations, the current owners have invested over $675,000 in amenity upgrades, new property signage, various capital replacements and repairs, landscape enhancements, and improved exterior lighting. For a full list of exterior improvements, please refer to page 16 of the Offering Memorandum.

In addition to being an extremely well-maintained property Hayden Park has had an exceptionally stable ownership and occupancy history. The current owners acquired Hayden Park in 1999 and over the past 10 years occupancy has averaged over 96%, something rarely seen in a Phoenix area multifamily asset.

Hayden Park offers residents an attractive mix of one bedroom and two bedroom / two bath floor plans. A total of 46 units are available in a highly desirable single level “casita” style floor plan. These units are highly sought after and achieve a premium rental rate. Residents of Hayden Park are offered two swimming pools with adjacent cabanas, picnic areas with gas barbecue grills, a recently remodeled fitness center, a brand new resident lounge and covered parking.

Hayden Park is being offered on a free and clear basis allowing prospective investors the flexibility to bring in new financing tailored to their specific investment needs.