Property Listings

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±3.30 Acre 4th & Shartel multifamily development site located in Downtown Oklahoma City, OK. Permits have been approved for the site, which is entitled for 246 units. The site is also located just minutes from the Central Business District (51,000+ jobs) and The University of Oklahoma Health Sciences Center (11,000+ employees), which have served as primary drivers to the revitalization of the area with projects such as Scissortail Park and the Streetcar. With steady rent demand and market-leading occupancy, the shovel-ready site with design and 100% of construction documents complete presents the rare opportunity to develop Class A apartments in the heart of Downtown Oklahoma City.

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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 54-unit Hawthorne Heights BTR community located in Bentonville, AR. Hawthorne Heights is attractively situated north of Downtown Bentonville and is just a short distance from Crystal Bridges, Bentonville High School and well-known local hiking/mountain biking trails. Bentonville rests at the head of the booming NW Arkansas MSA, which is home to 3 Fortune 500 Companies – Walmart, JB Hunt and Tyson Foods. Walmart’s headquarters sits just 3-miles Southwest of the asset, supplying 14,000+ corporate jobs and is the World’s largest retailer.

Hawthorne Heights offers a unique asset to a population currently underserved in the growing NW Arkansas market. With final units being delivered soon, Hawthorne Heights offers a premiere opportunity to invest in a well-located asset with the ability to achieve above market returns.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit Hearthstone Homes OKC duplex community located in Oklahoma City, OK. This asset is strategically located in the South Oklahoma City submarket, where comparable properties are seeing market-leading occupancy numbers (96%). Hearthstone Homes OKC is also highlighted by a proven Value Add campaign, as recent move-ins are achieving ~$150 premiums over classic units. Built in 1984, Hearthstone Homes OKC offers an outstanding opportunity to invest in a proven value add duplex asset in a unique infill location.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 46-unit Parkwood Duplexes community located in the booming Oklahoma City MSA. This asset is situated in the Moore submarket, a high-growth suburb of OKC, which has seen explosive, 6.9% rent growth over the past 12 months. The asset is also highlighted by a proposed, market-backed value-add campaign, where C&W projects the next investor will be able to achieve $175 premiums over in-place rents. Built in 1984, Parkwood Duplexes offers an outstanding opportunity to invest in a stable duplex asset with a market-proven value-add opportunity in one of Oklahoma City’s most attractive suburbs.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 258-unit Residences at the Overlook apartment community in Little Rock, Arkansas. This asset is situated in the premier West Little Rock submarket, highlighted by 4%+ YoY rent growth and market-leading renter profiles. Riding on the tailwinds of a major repositioning, the next investor has the rare opportunity to capitalize on in-place momentum with ample organic rent growth potential. Built in 1984, Residences at the Overlook offers immense upside in the heart of Central Arkansas’ leading submarket.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Sovereign at Overland Park, a 250-unit, 2013-built apartment community located in resilient Overland Park, KS. Situated in the flourishing Johnson County submarket, which has 3.9% YoY rent growth, The Sovereign is strategically positioned adjacent to noteworthy outdoor recreation facilities, renowned local schools, and prime retail centers. Arriving to market on the tailwinds of strong financial performance, the asset provides the next investor with the rare opportunity to capitalize on in-place momentum with additional value add upside.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Summit Ridge Apartments, a 432-unit, 2001-built apartment community stationed in Lee’s Summit, MO, the most sought-after submarket in the state. Summit Ridge is attractively situated in the heart of thriving Lee’s Summit, MO, the fastest-growing city in the state. Encompassed by a growing set of economic employment drivers, retail, and entertainment venues, the area generates a significant demand for high-quality finish levels and amenity packages. With a sophisticated amenity package in place, the asset is primed to capitalize on in-place momentum and a market-proven value-add campaign, attracting an elite, affluent tenant base. Summit Ridge represents the rare opportunity to acquire an institutional quality, value-add asset in the high-growth Lee’s Summit submarket.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of, The Alton, a 348-unit multifamily development project in the Kansas City suburb of Independence, Missouri. The 10.062-acre site was formerly occupied by JC Penney and owned by special servicer LNR. It is strategically located adjacent to a Target-anchored retail center within the Independence/Blue Springs submarket, offering future residents’ convenient access to local amenities as well as a quick commute to downtown Kansas City. The area boasts strong demographics and the #4 ranked school district in all of Missouri. Kansas City’s multifamily market has stood tall against challenges experienced by many other markets across the US, and steady rent growth is forecasted well into the future. The Alton Multifamily Development Site presents an outstanding opportunity to invest in a quality Class A development in one of Kansas City’s most desired suburbs.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Donovan, a 327-unit, 2020-built apartment community located in the most sought-after submarket in the state of Missouri, Lee’s Summit. Constructed in 2020, the quality and location of The Donovan makes it one of the premier assets in all of Kansas City. The community is surrounded by a growing set of economic employment drivers, retail, and entertainment venues.

The Donovan offers a sophisticated amenity package and condo quality interiors providing a luxurious lifestyle for its residents. Lee’s Summit is the fastest growing MSA in the state of Missouri, generating significant demand for high-quality product, evident by the rent growth experienced at the Property over the previous 12-months. The Donovan represents a generational investment opportunity to acquire a best-in-class multifamily asset in the high growth Lee’s Summit market.

The Donovan is currently under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2029.

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 Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 28-unit Life at Legacy Fountains Townhomes in Kansas City, MO. This asset is situated in south Kansas City, within the Inner Jackson County submarket, where rents are projected to increase by 3.5% over the next 12 months. The asset is also highlighted by a proven value add campaign, where most recent leases are receiving $225+ premiums over in-place averages. Built in 1970, the Life at Legacy Fountains Townhomes represents the rare opportunity to invest in infill townhome assets with significant value add upside.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the listing of the 58-unit Wolfsbridge at Leawood. A top-tier, Class A Build-to-Rent community currently under development in Arkansas’s state capital and largest MSA, Little Rock. This asset is uniquely positioned within a 5-mile radius of the state’s premier healthcare providers, creating a unique competitive advantage to all other BTR assets in Central AR. The Little Rock Class A BTR space is at a necessity, giving a potential new investor the rare opportunity to offer a luxury asset to the market’s most underserved tenant base. Currently under construction, Wolfsbridge at Leawood is estimated to be fully delivered by early summer 2024.