Past Sales

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Aria, a 108-unit, 1999-built apartment community located in the heart of Florida’s Booming Emerald Coast, Fort Walton Beach. Situated in a premier infill location, along key community arterials (Mary Ester Cut Off – 34K+ VPD // Beal Pkwy – 51K+ VPD), The Aria provides residents with an unmatched coastal living experience and a sense of convenience with a short commute to local employment hubs and amenities. Notably, the asset sits less than 15 minutes from Eglin Air Force Base (20K personnel), the MSA’s largest employer. Also situated in a premier school district (‘A’ FL Dept. of Education rating), the asset is further propelled by strong community demographics.

The Aria is also highlighted by a quality physical plant. With 99% classic units and a market-backed value-add campaign, the forthcoming investor stands to benefit from stepping up a notch in the comparable set and furthering the asset’s competitive advantage as the Florida Panhandle continues to evolve.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Fitzroy Grove, a 250-unit, 2022-built Class A apartment community in the Northwest Arkansas MSA — one of the fastest growing markets in the Sunbelt. The property sits in the prestigious Pinnacle submarket of Rogers, Arkansas, the premier live-work-play hub of the MSA, offering residents direct access to the region's largest employers, top retail destinations including Pinnacle Hills Promenade, entertainment venues such as the Walmart AMP, and the MSA’s outdoor recreation network, highlighted by the Razorback Greenway trail system. Northwest Arkansas is home to Walmart — the nation's largest retailer and Fortune #1, recently crossing the $1 Trillion market cap threshold, joining an elite group. Walmart has fully delivered its new global headquarters campus in Bentonville, less than 6 miles from the asset, consolidating approximately 15,000 corporate employees. The Fitzroy Grove also sits within a 15-mile radius of Tyson Foods and J.B. Hunt Transportation, two additional Fortune 500 headquarters that anchor the regional economy.

The Fitzroy Grove comes to market through a Chapter 11 bankruptcy sale, presenting a rare opportunity to acquire an institutional-quality Class A asset at a significant discount to replacement cost — a true reset basis that would not otherwise be available. The underlying real estate is intact, with top-of-market unit finishes, a full amenity package, and a Pinnacle submarket location that continues to command the highest rents in the MSA. The next investor inherits a clear, quantifiable path to NOI recovery — concessions burnoff and mark-to-market on lease rollover — on a fully amenitized 2022-vintage property requiring no physical renovation.

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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Cottages on Weaver Avenue, a 63-unit, purpose-built Build-to-Rent community located in the rapidly emerging East Birmingham submarket of Leeds, Alabama. Constructed in 2021, the property features spacious three bedroom floorplans (1,272 SF avg), with approximately 60% of units offering attached one and two-car garages. The community’s high-quality construction, modern interiors, and intentional design position the asset as a premier rental offering within the submarket. Since stabilization in Sept. 2022, the property has maintained 94%+ average occupancy and has has never had a quarter below 90%, underscoring strong demand.

The Cottages on Weaver Avenue benefit from a strategic location along the I-20 East corridor, providing direct access to Downtown Birmingham (20 minute drive) and a diverse base of employment drivers across the MSA. Nearby demand generators include Birmingham-Shuttlesworth International Airport, Coca-Cola UNITED’s new corporate headquarters campus, and the Honda Manufacturing Plant, reinforcing long-term population and housing demand throughout the East Metro. The immediate trade area is anchored by more than 1.6M+ SF of retail, including The Shops at Grand River, Buc-ee’s, and Bass Pro Shops.

The Florida Multifamily Advisory Group of Cushman & Wakefield is pleased to present the exclusive offering of Marbella Park, a 120-unit value-add community in Orlando, FL. Located in northwest Orlando, the property has phenomenal connectivity to major employment hubs such as Winter Park, Lake Mary, Altamonte Springs, and the downtown Orlando CBD – all accessible within a 20-minute drive. The property is well built of concrete block construction and boasts an attractive unit mix of the largest floor plans in the submarket with 33% one-bedroom and 67% two-bedrooms, most of which have been upgraded to a luxury standard. There is opportunity to further renovate 32% of the units that are either classic or partial upgrades as well as implement other income revenue streams with additional fees and services.

With optionality to purchase the property free and clear or subject to a Freddie Mac loan at 3.38% and ability to place new supplemental debt, the property presents an excellent opportunity to acquire a well-performing asset with strong in-place cash flow and future upside through strategic additional renovations.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Rivi - a 144-unit, newly constructed (2024) Class A apartment community located in Foley, Alabama, the state’s fastest-growing city. Currently 93% leased, The Rivi has demonstrated a strong lease-up performance, averaging 17 move-ins per month during peak leasing season. The property features high-quality construction, modern interior finishes, attractive exterior design, and a robust amenity package that continues to drive strong renter demand. Offered at a compelling basis significantly below replacement cost,

The Rivi provides an exceptional opportunity for investors to acquire a stabilized, institutional-quality asset with upside potential.

The Willows presents a compelling investment opportunity driven by clear upside through rental rate optimization, with current rents positioned $200–$300 below market for comparable townhome units. The property is ideally located in a quiet residential neighborhood within the high growth city of Buffalo, MN, offering convenient access to the Twin Cities—approximately 40 minutes to Minneapolis and 50 minutes to St. Paul—while serving as a key hub for the broader Wright County area. The community is exceptionally well maintained and features spacious townhome style units with attached two car garages, in unit laundry, and private patios or decks, contributing to its consistent 100% occupancy and strong long term renter appeal. As a Section 42 LIHTC property, The Willows also delivers an important affordability component, further supporting stable demand and sustained operational performance.

The Willows is being offered unpriced with tours being scheduled by appointment only. Please contact a Cushman & Wakefield listing representative with any questions or to request a property tour.