Past Sales

Refine Your Search

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 298-unit Reserve at 1200 & 1404 apartment communities are located in Albany, Dougherty County, Georgia. These assets are situated in the desirable Northwest Albany area along arterial corridor, Whispering Pines Rd, which quickly connects residents to the market’s premier retail and major job hubs. Built in 1979, Reserve at 1200 & 1404 represent an outstanding opportunity to invest in a moderately renovated, value-add primed asset, poised to benefit from several new jobs coming in the next 12 months, including a brand new hospital (350 jobs) and Georgia-Pacific’s new lumber plant (230 jobs). *This portfolio is operated by a special servicer.
...
Sold
Reserve at 1200 & 1404
298 Units
1404 Whispering Pines Rd & 1200 Kingtown Ct
Albany, GA  31707
Type: Conventional
Closed: 1/27/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 400-unit Waterford Place at Mt. Zion apartment community located in Stockbridge, Metro Atlanta, GA. This asset is situated in one of the nation’s leading counties for multifamily rent growth throughout the pandemic, Clayton County, currently ranked 10th in the U.S. The area’s growth is propelled by a surge in jobs and industrial growth, making the area a prominent manufacturing and logistics hub. With few interior renovations completed, there is an excellent opportunity to dramatically increase rents through an interior value-add program. Built in 1995 & 2005, Waterford Place at Mt. Zion represents an outstanding opportunity to invest in a significant value-add asset in one of the nation’s fastest growing counties.
...
Sold
Waterford Place at Mt. Zion
400 Units
3196 Mount. Zion Road
Stockbridge, GA  30282
Type: Conventional
Closed: 1/27/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 272-unit Veridian at Sandy Springs apartment community located in Sandy Springs, Fulton County, GA. Fronting Roswell Road, Veridian at Sandy Springs is situated within Atlanta’s affluent North Fulton submarket, one of Atlanta’s largest employment bases and corporate office markets. The property underwent an extensive renovation in 2013-2014 and is now primed for a light value-add program. Thanks to high barriers to entry in the submarket, there is also limited new multifamily development in the area. Built in 1980, The Veridian at Sandy Springs represents an outstanding opportunity to invest in a value-add opportunity in a high-barriers submarket with limited new supply.
...
Sold
Veridian at Sandy Springs
272 Units
1800 Windridge Drive
Atlanta, GA  30350
Type: Conventional
Closed: 1/14/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 690-unit Park at Hurstbourne apartment community located in Louisville, Jefferson County, Kentucky. Louisville’s strong economic drivers are expected to see 40% employment growth over the next ten years. The asset’s excellent micro-location provides easy connectivity to major employers, including GE Appliance Park, home to over 6,500 jobs. Park at Hurstbourne has a superior amenity package that includes indoor and outdoor pools, an indoor basketball court and outdoor sports court, and a newly renovated clubhouse. Further, there is room to push rents through a tested interior value-add scenario. The property’s elite amenity package paired with an interior value-add scenario will propel the asset to the top of its submarket.
...
Sold
The Park at Hurstbourne
690 Units
5555 Big Ben Drive
Louisville, KY  40291
Type: Conventional
Closed: 12/22/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 500-unit University Oaks apartment community located in Athens, Clarke County, Georgia. This asset is situated in the highly sought-after area of West Athens, characterized by its easy access to premier retail (Fresh Market, Chick-fil-a, Starbucks and Target) as well as Downtown. Centrally located within 5 minutes of Athens’ core economic drivers providing access to nearly 15k jobs; including University of Georgia, St. Mary’s Healthcare, and Piedmont Athens Regional Hospital. Built in 1965, University Oaks represents an outstanding opportunity to invest in a proven value-add asset located in one of the state’s most fundamentally desirable markets.
...
Sold
University Oaks
500 Units
2360 West Broad Street
Athens, GA  30606
Type: Conventional
Closed: 11/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 264-unit Live Oak Trace apartment community located in Denham Springs (Baton Rouge), Livingston Parish, LA. This asset is situated in the desirable region of northeast Baton Rouge, an economy driven by healthcare, petrochemical, education, state government and a vibrant port along the Mississippi River. New ownership can achieve significant rental premiums through a modernization of the amenity package and interior finishes. Built in 2002, Live Oak Trace represents an outstanding opportunity to invest in a proven value-add asset in a recession proof, high-growth market.
...
Sold
Live Oak Trace
264 Units
7615 Magnolia Beach Road
Baton Rouge, LA  70726
Type: Conventional
Closed: 11/10/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Novo Avondale apartment community, recently ranked among the top 250 properties in the nation by Apartment Ratings and Satisfacts. Situated in the rapidly expanding Uptown Decatur area of northeast Atlanta, this 374-unit asset is across the street from the Kensington MARTA Station, less than a mile from downtown Avondale Estates, and near Memorial Drive. Current ownership invested $15.5M in this 1972-vintage property for a modernization metamorphosis, during which the property was completely depopulated, then transformed with fully renovated exteriors, upscale interior renovations, and on-trend amenities. Now finishing lease-up, Novo Avondale offers a rare opportunity to invest in one of Atlanta's most sought-after neighborhoods, benefit from a 15-year tax abatement, and compete as a Class A value provider.
...
Sold
Novo Avondale
374 Units
3330 Mountain Drive
Decatur, GA  30032
Type: Conventional
Closed: 10/27/2020