Property Listings

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 260 Woodstock by ARIUM, a 23-unit, 2008-built apartment community located in highly sought after Woodstock, GA. Embedded in the affluent Downtown Woodstock corridor, the property benefits from immediate access to a variety of the area’s most popular retail, dining and event venues. In the 5-mile radius surrounding the property, demographics are premier with an average household income of over $115K with predominate white-collar employment and a 2.1% unemployment rate. Advantageous positioning, coupled with rising construction costs, makes 260 Woodstock a premier asset, offered well below replacement costs. Through a light interior upgrade program, new ownership has the opportunity to further drive rents and NOI on a boutique asset in an irreplaceable town-center location.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 7 at Seven Mile Creek, a 129-unit, 2022-built apartment community located in Nashville, Davidson County, Tennessee. This asset is situated in the thriving southeast Nashville area, recently named the #1 market in the country for real estate investment for the third consecutive year by the Urban Land Institute. 7 at Seven Mile Creek offers the best of a resort-style community with quality amenities and sleek interior features in an area with high demand and little supply, compared to other Nashville markets. The property’s direct proximity to Nolensville Pike provides residents with quick access to ample retail, restaurants, jobs, and entertainment.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Aspire Perimeter, a 296-unit, institutionally-owned apartment community located in the heart of Atlanta’s medical powerhouse, Pill Hill. Aspire Perimeter directly benefits from 20K healthcare jobs within a half-mile radius as well as immediate access to Atlanta’s top employment and entertainment districts. Embedded in Sandy Springs’ affluent residential landscape, the property maintains a distinct neighborhood-feel while boasting an average household income of $181K+ in the immediate surrounding area. High barriers to entry shield Aspire Perimeter from new supply, with rising construction costs and significant municipal zoning restrictions in the city of Sandy Springs. As an institutionally-owned & managed community, the property is in exceptional condition, attracting a mix of high-quality residents since construction.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Encore, a 322-unit, 2023-built apartment community located in the burgeoning suburb of Kansas City, Belton, MO, which has seen 6.5% population growth over the past three (3) years. Strategically located less than 1/2 mile from Interstate 49, Encore offers residents premier access to local jobs and amenities, situated less than 25 minutes from Downtown Kansas City (120K+ jobs). With top-tier finishes and a community-driven, sophisticated amenity package that rivals any asset in the MSA, Encore is seen as one of the premier properties in all of Kansas City. The forthcoming investor is also set to benefit from Belton’s expansive growth, evident in the asset’s leasing trends, as the last two (2) leases signed per floorplan are achieving an average 5.7%+ increase over in-place effective rents. Encore represents the rare opportunity to acquire a top-tier multifamily asset with explosive, organic upside.

Encore is under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2041.

The Cushman & Wakefield Land Advisory Group is pleased to present The Coves at Lake Wylie, the last remaining large scale development opportunity within The Palisades master planned development. The site will be delivered at closing fully permitted for a 499-lot lakefront residential community, with approval of the Land Disturbance Permit (LDP) expected in Q3 of 2024.

Key Features Include:

• Meticulously designed with a diverse product mix: 167 (50’) lots, 188 (40’) lots, 10 lakefront lots, 134 (24’ & 26’) townhome lots, and the opportunity to build an unmatched 3-acre lakefront amenity
• Mitigated offsite improvements
• The Palisades offers a wider range of amenities than any other neighborhood in Charlotte, as residents have access to a Jack Nicklaus designed golf course, sports complex, equestrian center, and more, all while being on the second largest lake in the Charlotte area
• Convenient access to top schools, national retailers, grocers, fast-casual, & local favorite restaurants, all while only a 30-minute drive to Charlotte’s city center

The Coves at Lake Wylie is truly a unique homebuilding opportunity and one of the last of its scale still available in this explosive-growth city.

OM AVAILABLE SOON

The Cushman & Wakefield Sunbelt Multifamily Advisory group is pleased to present the exclusive listing of The Vic at Interpose mixed-use community with 168 multifamily units and 21,953 SF of ground-floor retail, located in Houston, Texas. This asset is situated in the highly sought-after Heights/Washington Avenue area of Core Houston, with excellent proximity to major employment hubs and within five miles of 620K jobs. Built in 2021, The Vic at Interpose represents an outstanding opportunity to invest in an institutional-quality, mixed-use asset located in an affluent area with strong rental demand and significant potential for revenue growth.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Commercial Kentucky, Inc. are pleased to present the exclusive listing of Valley Farms, a 288-unit apartment community located in Louisville, Jefferson County, Kentucky. The property’s strategic location in south Jefferson County provides residents with first class access to major employers and major job hubs including GE Appliance Park (8K+ Jobs), Ford Assembly Plant (13K+ Jobs), UPS Worldport (25K+ Jobs) and the new BlueOval SK battery plant (2.5K Jobs). Furthermore, the asset is adjacent to Louisville’s Riverport Authority, which is home to more than 120 companies and 6,500 jobs. Valley Farms is primed to benefit from Louisville’s impressive, estimated influx of 8K jobs in 2024, and minimal supply pipeline. Within 5 miles of the property, there has only been one delivery since 2022. Built in three phases, completed in 2007, 2009 and 2015, Valley Farms offers an outstanding opportunity to invest in an institutionally owned multifamily asset, perfectly positioned for value-add upside. New ownership can renovate 75% of the units and drive NOI for long term growth.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Waters at Ransley, a 336 unit, 2023/2024 built apartment community located in Pensacola, FL. The asset is strategically positioned in the desirable West Nine Mile submarket of Pensacola, in a high-visibility corridor between I-10 (48K+ VPD) and W Nine Mile Rd (24K+ VPD). The property offers residents convenient access to the metro’s major employers, situated less than 4 miles from Navy Federal Credit Union’s $1B+ campus (10K+ employees by 2026) and just 10 minutes from the brand-new Baptist Health Care hospital campus (1,600K+ employees), totaling a combined economic impact of $5.4B+.

With first units delivered in 2023, and final construction completed in 2024, the property boasts an impressive lease-up performance, capped off by an astounding 31 move-ins in April. This lease-up momentum nearing stabilization positions the asset for agency debt. In addition to stellar leasing momentum, the property is experiencing robust rent growth with latest leases achieving an impressive 6.5% increase over the current rent roll average. The property features top of the line finishes, a luxurious amenity package, and quality construction by a design-build contractor with a proven track record of excellence. With $92K average HHI at the property, and $94K+ within a 2 miles radius, the property is poised to build upon its strong tenant base. The Waters at Ransley offers the next investor a chance to acquire a prized asset, within a desirable, high-visibility corridor, with excellent leasing trends in one of the nation’s top multifamily markets.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of WILLIS Avondale Estates, a 197-unit mixed-use development in the thriving Avondale Estates Entertainment District. This is an excellent opportunity to acquire an exceptional asset with a unique tax abatement offered significantly below replacement cost. Avondale Estates is an affluent node of Decatur, offering an excellent blend of authenticity and culture through its historic charm and collection of restaurants and breweries, while also providing extremely high barriers to entry. WILLIS Avondale Estates is directly adjacent to Downtown Decatur’s curated 426K+ SF of destination retail and five Michelin recommended restaurants, as well as the MARTA Avondale station. In addition, this asset is situated near Atlanta’s prolific Ed’s and Med’s Corridor, with 40K+ medical jobs and $15B+ in annual economic impact and convenient access to ~360K jobs.