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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 15.25-acre Maison 264 Multifamily Development Site in Rogers/Lowell, Arkansas. The fully-designed, shovel-ready site features plans showing a diversified mix of 204 garden apartment units and 44 build-to-rent townhome units, for a total of 248 rental units and high-end amenities. The site has excellent access to the area’s notable trail system as well as a 100-acre park just across the street. Northwest Arkansas is home to a handful of top-tier employers such as Walmart, J.B. Hunt, Tyson Foods, and the University of Arkansas, accessible within an easy commute of the site. The submarket features excellent demographics as well as positive projected multifamily trends such as falling vacancy and steadily rising rental rates. The Maison 264 Multifamily Development Site presents an attractive opportunity to promptly break ground on a truly unique development in one the nation’s fastest growing multifamily markets.
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Maison 264 Multifamily Development Site
15.25 Acres
264 Bellview Street
Lowell, AR  72745
Type: Land
Posted: 10/3/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 600 Station Square, a 48-unit apartment community located in Greensboro, NC. This brand-new boutique asset is situated in an extremely desirable Greensboro submarket, which is characterized by impressive quarterly effective rent growth, high barriers to entry (0 units being proposed and 1 under construction in the immediate area), and attractive demographics (over 63% white-collar workers). Spring Garden Street and West Wendover Avenue are adjacent to the property, allowing residents immediate access to the plethora of retail, dining, and entertainment the nearby area offers. The industries of manufacturing, healthcare, and education anchor the Greensboro economy, with top employers within minutes of the property. Having realized the appeal of the Triad’s economy, six major corporations have made plans to expand in/move to the area. Toyota, Cone Health, Amazon, Publix, Guerrilla, and Boom Supersonic will all be fully operational in the Triad by 2025. Built in 2022, 600 Station Square represents an exceptional opportunity to acquire a beautifully built asset and gain almost $31K in additional revenue by implementing other streams of income.
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600 Station Square
48 Units
600 Coapman Street
Greensboro, NC  27407
Type: Residential
Posted: 11/3/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ashbrook Village, a 423-unit apartment community located in the thriving Charlotte submarket of Gastonia. Nestled within the thriving I-85 industrial corridor, this property also sits in close proximity to downtown Gastonia, which has experienced a resurgence due to significant investments in the FUSE District. Constructed in 1985, Ashbrook Village presents a remarkable investment opportunity in the burgeoning Gastonia submarket, where combined rent growth has increased by 50% and occupancy rates have exceeded 95% since 2018. With most units awaiting renovation, Ashbrook Village offers substantial upside potential through the completion of a market driven interior upgrade program, offering new ownership the potential to capture $150+ rent premiums.
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Ashbrook Village
423 Units
2304 Pineview Lane
Gastonia, NC  28054
Type: Residential
Posted: 9/27/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 232-unit Braxton at Woods Lake apartment community located in the emerging Southeast primary market of Greenville, SC. Built in 1997, the property is situated just 3 miles East of downtown Greenville providing residents access to a plethora of retail including Whole Foods, Haywood Mall: the largest indoor mall in South Carolina, high paying jobs (110k+ within 15 minutes), and top-notch education (A rating). The immediate area surrounding the property boasts exceptional demographics with an average household income of $85k and dominant white-collar workforce (63%) further supported by 24% projected rent growth through 2027. Arriving to market achieving premiums up to $250+, Braxton at Woods Lake’s proven value presents new investors an exceptional opportunity to acquire a well-capitalized asset ($2.9M+ in CapEx since 2015). Lagging behind all competitors on a PSF basis, implementing a value-add 2.0 initiative will command the property additional premiums of $215+ to set the property in line with top of market competitors.
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Under Contract
Braxton at Woods Lake
232 Units
412 Woods Lake Road
Greenville, SC  29607
Type: Residential
Posted: 5/15/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 15.10-acre Brentwood Multifamily Development Site in Nashville, TN. The site is entitled by-right for multifamily and fully designed with permits in hand for 233 apartment units across six 4 and 4/5 split-story buildings. The majority of sitework has already been completed, giving the future developer a jump start on the project. Centrally located between highly desirable Nashville, Brentwood, Antioch, and Nolensville, future residents will enjoy easy commutes to these nearby employment and lifestyle centers. Within a 5-minute drive of the site are 2 Krogers, 2 Walmarts, 2 Walgreens, a Sprouts, a Publix, and more. The greater Nashville multifamily market is one of the hottest markets in the country, with average Class A rents expected to exceed $2K by the end of 2023. The Brentwood Multifamily Development Site presents a unique opportunity to promptly go vertical on a top-tier site in a premium suburban Nashville market.
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Brentwood Multifamily Development Site
15.1 Acres
101 Zermatt Avenue
Nashville, TN  37211
Type: Land
Posted: 10/4/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 19.98-acre Crosspointe Multifamily Development Site in Columbia, SC. The site allows for the by-right development of 336 proposed apartment units within the 400-acre mixed-use Killian’s Crossing development. Permits are ready to be pulled for this shovel-ready multifamily site, and there is even 50% property tax abatement for up to ten years and $7.5M through a coveted public infrastructure agreement. Future residents will enjoy Crosspointe’s walkability to Kroger Marketplace as well as many other fast-casual and nationally recognized dining options. The area’s excellent K-12 public schools can all be reached within about a 4-mile drive. Located just off I-77, the site has convenient access to all the area’s employment hubs, including the future site of Scout Motors’ $2B manufacturing plant, which will employ 4,000. The Killian multifamily submarket of Columbia is well served by favorable demographics and rent trends, while greater Columbia is experiencing a diversified economic boom. The Crosspointe Multifamily Development Site presents an enticing, shovel-ready opportunity to break into a State Capital market on the rise.
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Crosspointe Multifamily Development Site
19.98 Acres
Killian Road
Columbia, SC  29203
Type: Land
Posted: 10/2/2023

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Giddy Hall, a 171-unit apartment community located in Charlotte, NC. Built in 2023, the property is strategically located in the flourishing pocket of Steele Creek, a submarket characterized by rapid population growth and skyrocketing home values. The Class-A community features best-in-class finishes and top amenities tailored to appeal to area’s burgeoning high-end renter class ($94k Avg. HHI).

Situated in the heart of Steele Creek’s retail corridor, Giddy Hall offers a plethora of dining and entertainment options within minutes including Topgolf, Target, Harris Teeter, Publix and more, as well as direct access to the city’s top employment hubs via nearby I-485. The property has demonstrated impressive lease-up performance, consistently pushing rental rates while offering little to no concessions. Market comparables offer more than $200 in headroom, highlighting Giddy Hall as an exceptional opportunity to invest in a high-quality asset offering substantial organic rent growth potential through a mark-to-market leasing strategy.

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Under Contract
Giddy Hall
171 Units
10833 Steele Creek Road
Charlotte, NC  28273
Type: Residential
Posted: 9/5/2023

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove at St. Andrews and Greenwood at Ashley River, two apartment communities totaling 902 units, which can be acquired together or individually. The two assets are situated in two of South Carolina’s most admired cities, Columbia and Charleston. The highly sought-after Dutch Fork and North Charleston submarkets are characterized by top-tier retail and sit in close proximity to some of the area’s largest economic drivers with over 115k jobs within a 20-minute drive from each property. The immediate areas surrounding the properties boast high HHI growth, majority white-collar populations, and impressive rent growth, representing the ideal time to own in these thriving pockets.

The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in high growth Southeastern markets through well capitalized assets ($5.3M+). Built from 1974-1984, the properties arrive to market with attractive loan assumptions offering interest rates well below current capital market levels and are primed for a Class-A value-add campaign where new ownership can benefit from the tremendous upside of the portfolio advantage, push rents $170+, and yield additional revenue for years to come.

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Under LOI
The Grove at St. Andrews & Greenwood at Ashley River (2 properties, 902 units)
Greenwood at Ashley River
280 Units
6520 Dorchester Road
North Charleston, SC  29418
Type: Residential
Posted: 9/14/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 22.3-acre Hanes Multifamily Development Site in Winston-Salem, NC. Located in a busy submarket and currently part of Hanesbrands Inc.’s park-like corporate headquarters campus, the site is zoned for Corporate Park Office but has great potential as a multifamily development site upon a successful rezone. The site has convenient access to national retailers, abundant dining options, and hotels. It is also within 10 minutes of two major economic drivers in the market: Wake Forest University and Smith Reynolds Airport. The Triad as a whole, home to multiple major corporate headquarters, has continued to gain momentum as companies invest in the market and their employees relocate. The Hanes Multifamily Development Site presents an enticing opportunity for multifamily developers to invest in a market that has seen impressive capital infusion.
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Hanes Multifamily Development Site
22.3 Acres
1000 East Hanes Mill Rd
Winston-Salem, NC  27105
Type: Land
Posted: 3/8/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit Southeast Value-Add 3 Portfolio, which can be acquired together or individually. Located in three of the Southeast’s most prestigious and high barriers to entry markets, Savannah, Beaufort, and Columbia, residents at each asset enjoy seamless connectivity to the area’s largest employers, including the resilient industries of medical, government, logistics, and hospitality. Coastal cities are the preeminent drivers of the Southeast’s population migration with Beaufort and Savannah at the vanguard of these trends, posting 63% and 37% increases since 2000, respectively. Columbia also continues to grow and flourish as South Carolina’s state capital as $3B+ in capital investments and 2.6k+ jobs have been announced since 2020. The immediate areas surrounding the properties provide exceptional demographics with substantial white-collar workforces, dwindling multifamily pipelines, and the majority of each population pursuing higher education. Built from 1973-1977, this portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in high growth Southeastern markets through three highly capitalized assets ($3.5M+ in CapEx) with proven value add programs achieving average premiums of $200.
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Southeast Value-Add 3 Portfolio (3 properties, 288 units)
Magnolia Square
92 Units
601 West 54th Street
Savannah, GA  31405
Type: Residential
Posted: 3/10/2023

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±0.43-acre Mayfair at Liberty Development Site in Downtown Winston-Salem. Zoned for Central Business within the Winston Overlay District and within an opportunity zone, the site has many potential uses including high-density residential, hotel, and mixed-use developments.

Schematic designs for a multifamily development with retail have already been completed for the site. Downtown Winston-Salem, formerly the buzzing center of a thriving tobacco town, has seen an impressive rebirth as a hub for health sciences, technology, and research. The nucleus of all this recent activity, the Innovation Quarter, is only half a mile or a 10-minute walk from the Mayfair at Liberty Development Site. The Downtown area has over 27K employees and over 37K residents. The site is directly in the vicinity of two significant new public investments, Mershcel Park and the Kaleideum museum. The Mayfair at Liberty Development Site is a rare infill site in an unrivalled Downtown Winston-Salem location and presents an exciting opportunity to invest in a thriving urban Triad district.

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Mayfair at Liberty
0.43 Acres
312 North Liberty Street
Winston-Salem, NC  27101
Type: Land
Posted: 6/22/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 64-unit Millbrook Apartments community located in Greensboro, NC. This asset is situated in South Greensboro submarket just off of the amenity rich Wendover Avenue, a major retail corridor in Greensboro which contains numerous big box brands within a five-minute drive of the property. The property is also within close proximity to the recently completed 840 urban loop which traverses the entire Greensboro MSA and provides direct access to some of the area’s top employers. Built in 1993, Millbrook offers an outstanding opportunity to invest in a quality asset with high growth potential through both organic rent growth and value-add potential. Through an interior value-add program supported by nearby comparables, incoming investors can increase NOI by a staggering 44%+.
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Under LOI
Millbrook
64 Units
1101 East Barton Street
Greensboro, NC  27407
Type: Residential
Posted: 8/21/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 288-unit Northcliffe Forest apartment community located in Winston-Salem, NC. This asset is situated one mile northwest of one of the area’s top employers and higher education facilities, Wake Forest University, in the desirable North Winston-Salem submarket. Built in 1988, Northcliffe Forest presents an opportunity to invest in a quality asset that has received $2.6M in renovations since 2019. With a proven value-add program where renovated units are achieving $113 over classic units, incoming investors can increase NOI by over 30% by completing this initiative.
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Under LOI
Northcliffe Forest
288 Units
2030 Northcliffe Drive
Winston-Salem, NC  27106
Type: Residential
Posted: 7/19/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Northway at Davis Mills, a 35-unit apartment community located in Gastonia, NC. This asset is situated in close proximity to downtown Gastonia, in the booming industrial I-85 corridor west of Charlotte, NC. Built in 1974 and 2003, Northway at Davis Mills represents an outstanding opportunity to invest in an expanding Charlotte suburb. With two units renovated, the property offers $400+ headroom to competitors following the completion of the value-add program. Recent capital infusions into downtown continues to propel the Gastonia submarket as a increasingly ideal area for investment.
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Under Contract
Northway at Davis Mills
35 Units
1201 Butler Street
Gastonia, NC  28054
Posted: 2/14/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Park Ridge, a 122-unit Build-to-Rent townhome community in Myrtle Beach, SC on a forward sale transaction. The property is strategically located in the nation’s fastest growing city, boasting 32% population growth since 2011. Situated in the market’s primary recreation node, Park Ridge offers unbeatable access to the area’s top retail and entertainment, including the 162-acre North Myrtle Beach Sports Complex and the east coast’s largest wake park next-door. Myrtle Beach’s rapidly expanding millennial and boomer demographic bases highlight the submarket’s unique ability to support unprecedented growth within the Build-to-Rent space, as skyrocketing home-ownership costs and limited supply continue to price prospective home-buyers out of the market. Delivering in 2023, the Class-A community will feature best-in-class finishes and amenities, appealing to the area’s established tenant base who desire the conveniences of single-family living without the burdens and increasing financing costs of ownership. Market comparables and submarket projections outline the property’s vast rent potential (almost $2,400 at first CO), and highlight incoming ownership’s opportunity to acquire a differentiated, high-quality asset at an extremely attractive basis.
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Under Contract
Park Ridge
122 Units
Champions Blvd
Myrtle Beach, SC  29577
Posted: 7/12/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 20.42-acre Parkside Multifamily Development Site in Port Wentworth, GA. Zoned and entitled by-right for multifamily, current plans call for 235 multifamily apartment units to be built on the site. Building permits are already in hand for the site, which will be just down the road from Port Wentworth’s new $30 million, 150-acre Recreation Park. The site is less than 2.5 miles from a Publix. It is also notably 4 miles from Georgia Tech Savannah and 7.5 miles from the Savannah/Hilton Head International Airport. Port Wentworth, nicknamed Savannah’s Front Porch, has witnessed an explosion in population, more than doubling in size between the last two US Censuses. The city has benefited from Savannah’s port and industrial expansion and boasts a strong job market. Chatham County’s Class A multifamily market has surged, and average rents are expected to exceed $2,000 in 2023. The Parkside Multifamily Development Site presents an enticing, shovel-ready opportunity to break into a booming multifamily market with scale.
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Under Contract
Parkside Development
20.42 Acres
436 Highway 30
Port Wentworth, GA  31407
Type: Land
Posted: 5/23/2023