Past Sales

Refine Your Search

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Paddock Club apartment community located in Florence, KY (Cincinnati Metro). This asset is situated in the high-growth market of Florence, in the southern area of the Cincinnati MSA. The property is a quarter mile from the dominant retail center in Northern Kentucky, which includes the 941K SF Florence Mall along with an additional 5M SF of retail in the immediate submarket. New developments and job counts are expected to rapidly increase in the submarket, with Amazon Prime's new $1.5 billion cargo hub under construction at the nearby Cincinnati/Northern Kentucky International Airport (3 miles). Built in 1995, Paddock Club represents an outstanding opportunity to invest in an exciting value-add asset in a fast-growing market.
...
Sold
Paddock Club
200 Units
8000 Preakness Drive
Florence, KY  41042
Type: Conventional
Closed: 3/30/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Park 35, a 304-unit multifamily asset located in the dynamic Decatur market. The property was built in multiple phases in 1965, 1973, and 2000, and has been well-maintained since the complete property renovation that occurred in 2000, which included the replacement of all roofs, windows, mechanicals, appliances, cabinets, countertops, and flooring in the original 1965 and 1973 phases. Current ownership has spent $1.8M+ in capital since acquisition in 2016; however, 100% of the unit interiors and the amenity package remain "untouched" from a value-add perspective since the 2000 renovation. Therefore, Park 35 represents a rare opportunity for an investor to purchase a well-located, quality asset with substantial value-add upside.
...
Sold
Park 35
304 Units
3529 Robins Landing Way
Decatur, GA  30032
Closed: 3/11/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 283-unit Bluebird Row apartments in Hamilton County, Chattanooga, Tennessee. Completed in 2019, Bluebird Row features an unrivaled amenity package and superior unit finishes and is the only true Class AA property in the market. Residents enjoy excellent walkability, an urban lifestyle, and immediate access to over 85k jobs in Chattanooga’s rapidly expanding downtown. Additionally, the property is conveniently located just 0.6 miles from I-24 which provides residents with quick access to Volkswagen and Amazon. Catering to Chattanooga’s most sophisticated tenant base and leasing an average of about 25 units per month, Bluebird Row sets the stage for above-market rental growth.
...
Sold
Bluebird Row
283 Units
1348 Passenger Street
Chattanooga, TN  37408
Closed: 3/4/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is honored to present the exclusive listing of lilli Midtown, a boutique trophy high-rise strategically positioned in the heart of Midtown Atlanta. Lilli Midtown’s brilliant architecture and top-notch finishes attract an affluent demographic. This asset offers a luxurious lifestyle with sought-after culture while also being anchored by numerous office and retail developments with 11K+ new jobs arriving within three blocks over the next three years. This unique and exciting location is at the crosshairs of the prominent Peachtree Street and Ponce De Leon corridors. Situated at the epicenter of a highly dynamic and energetic area, lilli Midtown is poised for substantial growth.
...
Sold
lilli Midtown
147 Units
693 Peachtree Street
Atlanta, GA
Type: Conventional
Closed: 2/18/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 82-unit Petersburg Place apartment community in Northwest Augusta, Georgia, in the desirable suburb of Columbia County. With a strategic location along busy Riverwatch Parkway within six miles of downtown Augusta, the property offers quick accessibility to major employment, health care and retail centers. Home to some of the state’s best schools, Columbia County benefits from strong demand and rent growth, bolstered by extreme barriers, which have fueled the success of the subject’s in-place upgrade program. Built in 1985, Petersburg Place’s overall market position has been elevated with recent capital investments of over $1M and offers investors more revenue-generating upside as interior upgrades are completed.
...
Sold
Petersburg Place
82 Units
3584 Riverwatch Parkway
Martinez, GA  30907
Type: Conventional
Closed: 2/11/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of WILLIS Avondale Estates, a 197-unit mixed-use apartment community located in Avondale Estates, the rapidly urbanizing East node of Decatur, Georgia. Directly adjacent to Downtown Decatur and walkable to MARTA, WILLIS is in the path of growth as Downtown Decatur continues its natural extension along the East College Avenue corridor. Avondale Estates is an affluent node of Decatur offering an eclectic blend of authenticity and culture through its historic charm and collection of highly-rated restaurants and breweries. Ownership will benefit from Decatur’s favorable growth projections, as well as the unique tax abatement providing a notable cash flow boost.
...
Sold
WILLIS Avondale Estates
197 Units
2702 E. College Avenue
Decatur, GA  30030
Type: Conventional
Closed: 2/3/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 249-unit Carriage House apartment community located in northwest suburban Atlanta, Smyrna, Georgia. This asset is situated on Windy Hill Road (31,500 VPD) between S. Cobb Drive and Atlanta Road in the Atlanta Braves’ booming home base of Cobb County, where a host of retail, restaurants, high-end mixed-use developments, and Class A office space construction (Fortune 500 Thyssenkrupp HQ) have sprouted following the opening of SunTrust Park in 2017. Built in 1964, the timing is right to begin an updated round of upgrades to further boost property performance in an affluent submarket with consistently high demand.
...
Sold
Carriage House
249 Units
810 Windy Hill Road
Smyrna, GA  30080
Type: Conventional
Closed: 1/31/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 118-unit The Park at Peachtree Hills apartment community located in Atlanta, Fulton County, Georgia. This asset is situated in the burgeoning Lindbergh submarket of Buckhead, which is wedged between the Piedmont Road and Peachtree Road corridors with immediate access to GA Highway 400, Interstates 85/75, and MARTA transit. The superlative locale is flourishing with new upscale developments redefining the south Buckhead district. Built in 1965, The Park at Peachtree Hills offers a rare opportunity to invest in a value-add asset with an irreplaceable location in one of the most affluent rental markets in Atlanta.
...
Sold
The Park at Peachtree Hills
118 Units
480 Peachtree Hills Avenue NE
Atlanta, GA  30305
Type: Conventional
Closed: 12/20/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of The Hill, a 287-unit community strategically positioned in the heart of Atlanta’s medical powerhouse, Pill Hill. The Hill directly benefits from 20K+ healthcare jobs within a half-mile radius as well as direct access to Atlanta’s top employment and entertainment districts. Also, the property’s Brookhaven residential setting has a distinct neighborhood feel while boasting an average household income of $157K. High barriers to entry will shield The Hill from new supply, with no developable sites available in the immediate area and significant municipal zoning restrictions in the city of Sandy Springs.
...
Sold
The Hill
287 Units
1160 Johnson Ferry Rd NE
Sandy Springs, GA  30342
Type: Conventional
Closed: 12/16/2019
The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 120-unit Ormond Plantation apartment community located in Metro New Orleans in Destrehan, LA. This highly desirable submarket is a quaint New Orleans suburb located along the Mississippi River and has virtually no competing multifamily properties. With over $2.35M ($19K+ per unit) in strategic capital improvements and renovations spent in the last four years, prior ownership upgraded every aspect of the property, allowing new ownership the opportunity to focus on a minor value-add program. The property repositioning has bolstered its performance, highlighted by 8.9% year-over-year income growth since April 2017. Ormond Plantation presents the opportunity to acquire one of the nicest assets in the Destrehan market.
...
Sold
Ormond Plantation
120 Units
1952 Ormond Boulevard
Destrehan, LA  70047
Type: Conventional
Closed: 12/4/2019