Slideshow Image

Past Sales

Refine Your Search

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Mariner Grove, a 320-unit luxury apartment community located in Savannah, Chatham County, Georgia. The property is strategically located near Downtown Savannah, Eastern Wharf, Port of Savannah, Tybee Island and Savannah Proper, providing great access to major economic drivers as well as top entertainment hubs. Built in 2016, Mariner Grove represents a rare opportunity to acquire a highly amenitized urban asset with robust property performance and tremendous upside shown in recent leases that are achieving 12% premiums over in-place rents. Savannah’s exceptional job market, growing industrial sectors and continued population growth will support Mariner Grove as a premier asset with boundless upside.
...
Sold
Mariner Grove
320 Units
2010 East President Street
Savannah, GA  31404
Type: Conventional
Closed: 6/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 336-unit Lumiere apartment community located in Metairie, East Jefferson Parish, Louisiana. This asset is situated in the highly affluent Metairie submarket, boasting upscale demographics, high household income and limited apartment deliveries due to barriers to entry. Positioned just off of I-10 N, Lumiere is surrounded by 10M SF of office space and high end retail, including Lakeside Shopping Center. With nearly all units renovated with luxury features, a new owner can upgrade the remainder units to increase rent premiums across the property. Built in 1975, Lumiere represents an outstanding opportunity to invest in a turn-key asset with remaining upside in the affluent Metairie submarket.
...
Sold
Lumiere
336 Units
3301 West Esplanade Avenue N
Metairie, LA  70002
Type: Conventional
Closed: 6/7/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 292-unit Briarhill apartment community located in north metro Atlanta, DeKalb County, GA. This asset is situated in the desirable North Druid Hills/Briarcliff submarket of northeast Atlanta with an average 17% year-over-year rent growth, according to Costar. This superior central location offers prime connectivity to Metro Atlanta's largest job centers, including Executive Park, Atlanta's new $1B+ medical district, adjacent to the property. Built in 1988, Briarhill offers an excellent opportunity to invest in a highly sought-after infill location with prime value-add potential.
...
Sold
Briarhill
292 Units
1470 Sheridan Road NE
Atlanta, GA  30324
Type: Conventional
Closed: 6/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Glen at Alexander, a 216-unit, 2003-built apartment community located in the National Hills area of Augusta, Georgia. Glen at Alexander benefits from unparalleled access to Augusta’s best retail establishments and nearby city life. Complemented with large floor plans, there is a remarkable opportunity to invest in a cash-flowing, high quality product with potential to benefit from an elevated value-add strategy in a market with excellent apartment fundamentals. Property performance has been strong as collections have increased 10% over the past twelve months. The property has maintained an occupancy north of 94% and achieving recent leases $165 higher than in-place rents paving the way for continued growth.
...
Sold
The Glen at Alexander
216 Units
1040 Alexander Drive
Augusta, GA  30909
Type: Conventional
Closed: 6/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 236-unit Veranda at Norton Commons luxury apartment community located in northeast Louisville, KY. Developed by prolific southeast developer, Bristol Development, Veranda at Norton Commons boasts luxury interiors and amenities, to attract an affluent renter pool. Average household income of tenants exceeds $90K. This asset is situated in the highly sought-after 600-acre Norton Commons master planned community, just northeast of the Old Brownsboro Crossing medical and retail district. Built in 2015, Veranda at Norton Commons offers an outstanding opportunity to invest in an institutional-quality asset in one of Louisville’s most desirable growth corridors.
...
Sold
Veranda at Norton Commons
236 Units
9506 Civic Way
Louisville, KY  40059
Type: Conventional
Closed: 5/25/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Elan Powers Ferry, a brand-new multifamily asset strategically located in Cumberland, Atlanta’s most desirable infill arc submarket. Elan Powers Ferry’s ideal location provides exceptional access to The Battery, Atlanta’s top entertainment district and home of the Atlanta Braves, as well as desirable outdoor lifestyle amenities. Cumberland’s infill arc is home to numerous Fortune 500 headquarters, which provides direct access to 450K+ jobs within 15 minutes, further benefiting the property’s residents. The irreplaceable location, coupled with Greystar’s renowned development reputation, position the asset for long-term sustainability, as the phenomenal lease-up and rental trends lay the track for future prosperity.
...
Sold
Elan Powers Ferry
276 Units
1945 Powers Ferry Road
Atlanta, GA  30339
Closed: 5/24/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 127-unit Latitude 30 apartment community located in Baton Rouge, East Baton Rouge Parish, Louisiana. This asset is located just steps from Louisiana State University, Baton Rouge’s largest employer, as well as other major employers including Baton Rouge’s Medical Corridor and L’Auberge Casino and Hotel. The property is also surrounded by nearly 3M SF of retail. Latitude 30 provides substantial upside through the potential to renovate all units to an elite finish level and significantly push rents. Built in 1972, Latitude 30 offers an outstanding opportunity to invest in a textbook value-add asset surrounded by top employers and retail.
...
Sold
Latitude 30
127 Units
4548 Tigerland Avenue
Baton Rouge, LA  70820
Closed: 5/6/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 208-unit Waters Edge apartment community located in Sandy Springs, Fulton County, GA. This asset is situated in one of Atlanta's largest office markets, with over 5.9M SF of office space within a 3-mile radius. Sandy Springs boasts an affluent demographic profile with high household incomes and white collar employment. Due to the surge in population, paired with the rise in suburban popularity, the Sandy Springs submarket has experienced consistent rent growth. Built in 1972, the property has undergone major renovations with current ownership spending $4.7M on upgrades. With high barriers to entry in the submarket and minimal affordable housing availability, Waters Edge represents an outstanding opportunity to invest in a well maintained, fully renovated asset, in a highly demanded submarket.
...
Sold
Waters Edge
208 Units
8601 Roberts Drive
Sandy Springs, GA  30350
Type: Conventional
Closed: 4/22/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Buccaneer Trace, a 228-unit, 1986/2015 built apartment community located in the highly desirable Wilmington Island submarket of Savannah with top demographics and extremely high barriers to entry. Buccaneer Trace represents an outstanding opportunity to invest in a proven value-add asset with astonishing property performance. The property benefits from the flourishing migration to coastal markets and the explosive growth of the Savannah economy. The recently announced Amazon fulfillment center at the Pooler Mega-Site is expected to create 1,000 jobs for the Savannah area, further propelling Savannah’s incredible development and job growth.
...
Sold
Buccaneer Trace
228 Units
55 East Deerwood Road
Savannah, GA  31410
Type: Conventional
Closed: 4/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 124-unit Spires of Sherwood apartment community located in East Baton Rouge Parish, Baton Rouge, LA. This asset is situated in the desirable Sherwood Forest neighborhood with a host of single family homes and commercial and retail developments surrounding the property. Located just off of I-12, residents have access to the majority of Baton Rouge’s top employers. Amazon is building a new Fulfillment Center 4 miles from the property that will create over 1,000 jobs. Built in 1974, Spires of Sherwood offers an outstanding opportunity to invest in a value-add potential in the East Baton Rouge parish, where demand for multifamily housing is rapidly outpacing supply.
...
Sold
Spires of Sherwood
124 Units
11888 Old Hammond Highway
Baton Rouge, LA  70816
Type: Conventional
Closed: 4/7/2022
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 460-unit Park at Peachtree Corners apartment community located in Peachtree Corners, GA. This asset is situated in northeast metropolitan Atlanta’s premier expansion market of Gwinnett County, one of the fastest growing counties in the southeast. Within a 3-mile radius of the property, there are several large employment nodes and over 33M SF of industrial space. While over $5M has been spent on capital improvements, the property is primed for an interior value-add program to further modernize interiors. Built in 1985 by Post Properties, Park at Peachtree Corners offers an outstanding opportunity to invest in a well-maintained asset with significant value-add potential and a historically strong property performance in a high-barrier submarket.
...
Sold
Park at Peachtree Corners
460 Units
3341 Peachtree Corners Circle
Norcross, GA  30092
Type: Conventional
Closed: 3/11/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Bridgewater at Mt. Zion apartment community located in South Metro Atlanta, Clayton County, GA. Clayton County is experiencing rapid rent growth and compressed vacancy due to a surge in employment and housing demand. Strategically situated between I-75 and I-675 major corridors, just eight miles southeast of Hartsfield-Jackson International Airport, this asset benefits from numerous employment drivers. With over $1.2M invested in the asset and 119 classic units remaining, the property has a value-add blueprint in place. Built in 1994, Bridgewater at Mt. Zion represents an outstanding opportunity to invest in a proven value-add potential in Atlanta’s burgeoning southern crescent region.
...
Sold
Bridgewater at Mt. Zion
200 Units
3156 Mt. Zion Road
Stockbridge, GA  30281
Type: Conventional
Closed: 2/21/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Foundry Yards, a 268-unit luxury apartment community with 20K SF of future, adjacent office and retail space located in Birmingham, Alabama, which has the nation’s second lowest unemployment rate according to the Wall Street Journal and 50K+ jobs added since April 2020. Foundry Yards is anchored by Birmingham’s expansive healthcare industry with the University of Alabama at Birmingham ranking the #1 Best Large Employer in America by Forbes with a total of 23K jobs and an employment impact of 64K within a 10-minute walk of the property. Also, the asset is primed to benefit from the city’s emergence as a technology hub, ranked as #2 up and coming tech hot spots according to MarketWatch. Centralized in the newly revitalized Parkside District, Foundry Yards is positioned adjacent to multiple breweries, acclaimed restaurants, the 19-acre Railroad Park, and Regions Field which is home to the Birmingham Barons, an AA-affiliate of the Chicago White Sox. In 2021, Foundry Yards has experienced incredible leasing velocity with 45 move-ins per month and 14% effective rent growth since May.
...
Sold
Foundry Yards
268 Units
10 13th Street South
Birmingham, AL  35233
Closed: 2/15/2022