Property Listings

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Covington Creek, a 52-unit, 2024-built, institutional-quality build-to-rent asset located in Covington, Georgia within the rapidly expanding I-20 East Corridor of the Atlanta MSA. Covington Creek is ideally positioned less than 20 minutes from Rivian’s $5 billion electric vehicle manufacturing facility, projected to create approximately 7,500 jobs by 2030, and approximately 30 minutes from Downtown Atlanta. The property benefits from direct access to I-20 and strong connectivity to major regional employment corridors.

The surrounding 30016 zip code has experienced approximately 41% home value growth over the past five years, supported by approximately $110K average household incomes within one mile and 6.1% annual population growth since 2020. Current rents reflect an approximate 20.2% cost advantage to rent versus own, reinforcing the affordability dynamic in today’s rate environment. Newton County’s residential development moratorium, in place through August 2026, has materially limited new supply, with zero units currently under construction. Within a 10-mile radius, only 245 competing 4 and 5 bedroom BTR units exist, with the property representing approximately 77% of 5 bedroom inventory, creating a uniquely constrained environment.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 210-unit Flats at General Time apartment community located in Athens, Clarke County, Georgia. This asset is strategically located in North Athens, across the street from Terrapin Brewing and under a 5-minute drive from Downtown and the Prince Avenue retail corridor.

Built in 2024, Flats at General Time represents an outstanding opportunity to invest in a premier quality asset primed for NRI growth as one-bedroom units (~60% of the unit mix) currently lag the top of market by $230. With current on-site HHI averaging $95K, new ownership will continue to benefit from an impressive demographic pool, as the Athens economy and surrounding region continue to see robust economic growth.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Prose Columbus, a 340-unit apartment community located in Columbus, Muscogee County, Georgia. Positioned in the highly desirable North Columbus submarket, the property offers direct connectivity to both Midtown and East Columbus, providing convenient access to the metro’s primary retail corridors and major employment centers.

Delivered in 2024, Prose Columbus represents a compelling opportunity to acquire a high-quality asset in one of the strongest demographic pockets in the market, with average HHI of $141k within a one-mile radius, benefiting from a Class A scarcity premium as one of the only two 2024+ vintage assets within the comp set. Also, new ownership will benefit from $183 of total rental upside — $172 of headroom as in-place rents lag the market, plus an additional $11 premium captured through second generation leasing. Additionally, the property benefits from access to Columbus’ diverse economic base, along with regional connectivity to 120K+ jobs across West Georgia and East Alabama.