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The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of 1420 Magnolia – an irreplaceable core-plus value-add opportunity immersed in the heart of in-town living. The 204-unit, 1999-built asset is positioned in the epicenter of Montford Park, Charlotte’s next core micro market exploding with new commercial development and characterized by blue chip demographics ($102,439 avg. HHI’s), high-end homes ($403,700 MHV) and Charlotte’s premier employment hubs with 190,000+ jobs within a 15-minute drive. Featuring both garden and urban attributes, the asset offers a truly unique framework primed for immediate value-add in an area that’s witnessed $300 value-add premiums.
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1420 Magnolia
204 Units
1420 Estates Avenue
Charlotte, NC  28209
Type:  Multifamily
Closed: 5/24/2018
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 150 West, a 201-unit apartment community located in Mooresville, NC. The asset is conveniently situated within a submarket that boasts outstanding demographics ($141k avg HHI, 71% white collar population). The property benefits from having close access to a plethora of lifestyle amenities & big box retailers (Lake Norman, YMCA, Walmart, Mooresville Crossing) and a direct avenue to Highway 150 & I-77 providing easy connectivity to the region. Built in 1999, 150 West represents an outstanding opportunity to invest in the desirable Lake Norman/Mooresville submarket with a highly educated tenant base (77% college educated) and consistent occupancy amid persistent rent growth (15% projected through 2029). Upon completion of the value-add program, new ownership has the opportunity to renovate units to a Class A level and further bridge the gap between the property and surrounding new product ($400+ rental headroom), thus cementing 150 West as the top middle market option in the market.
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150 West
201 Units
130 Nile Circle
Mooresville, NC  28117
Type:  Multifamily
Closed: 12/20/2024
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 250-unit, 180 West apartment community located in Carrboro, NC. Built in 1987, 180 West offers an outstanding opportunity to invest in a quality asset that received an investment of $875,000 since 2017. After a recent new construction of 94 units in the area in the past 12 months, no new supply is in the delivery pipeline through 2023, of which Carrboro has not seen any new multifamily developments in 10 years. The growing demand of Chapel Hill paired with Carrboro’s high barriers for new supply poises the property for consistent returns and an opportunity to boost annual NOI by 26% through implementation of a proven value add program, evidenced by higher rental rates at inferior competitor properties.
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180 West
250 Units
180 BPW Club Road
Carrboro, NC  27510
Type:  Multifamily
Closed: 11/1/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 330-unit, 200 East apartment community located in Durham, NC. This asset is situated in the rapidly expanding East Durham submarket. 200 East is located in one of the most sought-after geographies through the lens of investors and residents alike, just minutes from Research Triangle Park, the world renowned research campus, home to 300+ companies and Fortune 500 powerhouses. This rare opportunity provides investors access to an exceptional asset with a highly attractive tenant base, and the ability to achieve premiums of $151+ through an interior renovation initiative and operational efficiency, on an already high caliber performing asset.
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200 East
330 Units
200 Edinborough Drive
Durham, NC  27709
Closed: 1/30/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 66-unit 2200 Midtown apartment community located in Greensboro, NC. This asset is firmly situated in a top performing submarket of the Triad with strong fundamentals and outstanding demographics, outpacing the broader metro on nearly all indicators. Built in 1965, 2200 Midtown offers a 77% completed value add program that is commanding solid premiums of over units leasing with standard features. As submarket household incomes approach $90K+ paired with a muted delivery pipeline, the market indicates support for higher-end finishes as Greensboro shifts its focus to target a white-collar workforce through educational attainment. Investors have the opportunity to increase annual income by $48K by pushing rents to achieve market supported premiums in a top Triad submarket for rent growth.
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2200 Midtown
66 Units
2200 Cornwallis Drive, West
Greensboro, NC  27408
Type:  Multifamily
Closed: 2/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 39-unit 2918 North at Winstead Commons apartment community located in Greensboro, North Carolina. Situated in North Greensboro, an affluent area trending as a top submarket of the Triad, offers attractive demographics paired with 95% occupancy levels and 20.2% home value growth over the past year. Overall, the Triad has seen 18.6% effective rent growth in the past 12 months, and is projected to grow an additional 18.3% by the end of 2022. The area is anchored by a strong employment drivers, such as VF Corporation, Cone Health, and FedEx. In addition, Toyota, Amazon, Publix, Cone Health, and Boom Supersonic have been a large part of economic announcements, coinciding with the completion of the Urban Loop (2023) which will provide easy connectivity to these major employers. Built in 2016, the property represents an outstanding opportunity to invest in luxury units with the ability to organically grow rents by $250/unit, which is in line with market competitors.
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2918 North at Winstead Commons
39 Units
2918 Martinsville Road
Greensboro, NC  27408
Closed: 12/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 3237 East Apartment Homes, a 130-unit apartment community located in Greensboro, NC. This asset is situated in a desirable North Greensboro pocket, which currently ranks #1 in the market for annual effective rent growth and occupancy. Robust demographics, high barriers to entry, and exploding home value growth also contribute to the property’s strong positioning. Yanceyville Street and E. Cone Blvd allow residents to seamlessly connect to the plethora of retail, dining, and entertainment nearby. Strong economic drivers, including VF Corporation, Cone Health, and Honda Aircraft, are within minutes, while major corporate expansions including Toyota and Amazon, further confirm the positive momentum of Greensboro's economy. Built in 1988, 3237 East Apartment Homes represents an outstanding opportunity to invest in an ideal value-add program with potential to earn revenue by submetering for water/sewer, adding washers and dryers, and bringing two non-revenue units online. After completing these proposed projects, new ownership will boost NOI by $339K and achieve a 27% ROI.
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3237 East Apartment Homes
130 Units
3237 Yanceyville Street
Greensboro, NC  27405
Type:  Multifamily
Closed: 9/26/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 501 Estates, a 270-unit apartment community in Durham, North Carolina. 501 Estates is in a premier pocket of Durham that is bolstered by robust submarket fundamentals and a stellar tenant base. Southwest Durham’s effective rents have increased 38% since 2018 and are anticipated to grow an additional 16% through 2026. Average HHI is over $125K, 76% of the population is white collar, and 66% have graduated with a bachelor’s degree or higher. Ideally situated near Durham-Chapel Hill Blvd, the asset has streamlined access to the plethora of retail options that line the throughfare as well as 65,000 Eds & Meds jobs stemming from Duke University (6 minutes) and UNC Chapel Hill (14 minutes), two tier I educational institutions with esteemed healthcare systems. Additionally, a location less than 10 minutes from I-40 and I-85 provides residents a direct connection to the 500K+ Triangle Market jobs that are within a 30-minute commute. Built in 2001, 501 Estates offers a picturesque setting with mature foliage set on 30+ unique, park-like acres and a top-of-the-market amenity set including a brand new 3,000 SF free standing gym. The asset is distinctive from Class A and B product in the submarket as townhome (2-car garage) and cottage (1-car garage) style units comprise nearly 35% of the unit mix. New ownership has the opportunity to leverage an extremely unique, core plus value-add asset in a sought-after location of the Research Triangle. Proximate comparable assets demonstrate $200+ headroom that can be closed through completion of a proven renovation program and mark-to-market leasing.
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501 Estates
270 Units
240 Ivy Meadow Lane
Durham, NC  27701
Type:  Multifamily
Closed: 12/4/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 511 Queens, a 64-unit boutique apartment community located in Charlotte’s affluent submarket of Myers Park. The walkable neighborhood is defined by upscale retail, trendy restaurants, and is one of the most sought-after residential submarkets in the Southeast. Myers Park is nestled between Uptown, the vibrant downtown employment district offering 116,000+ jobs, and SouthPark, a premier infill live-work-play destination. It is also moments from the city’s largest hospitals of Novant and Atrium, creating 32,000+ total jobs. Propelled by luxurious best-in-class features and a distinguished presence along Queens Road, 511 Queens arrives nearing stabilization after a rapid lease-up with strong in-place rents. With stabilization imminent, investors are ideally positioned to realize embedded rent growth driven by the continuation of proven lease-up concession burn off, attractive fundamentals highlighted by blue-chip renter profiles, and catalyzing new development surrounding Myers Park, positioning 511 Queens as Charlotte’s premier boutique asset.
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511 Queens
64 Units
511 Queens Road
Charlotte, NC  28207
Type:  Multifamily
Closed: 6/16/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 600 Station Square, a 48-unit apartment community located in Greensboro, NC. This brand-new boutique asset is situated in an extremely desirable Greensboro submarket, which is characterized by impressive quarterly effective rent growth, high barriers to entry (0 units being proposed and 1 under construction in the immediate area), and attractive demographics (over 63% white-collar workers). Spring Garden Street and West Wendover Avenue are adjacent to the property, allowing residents immediate access to the plethora of retail, dining, and entertainment the nearby area offers. The industries of manufacturing, healthcare, and education anchor the Greensboro economy, with top employers within minutes of the property. Having realized the appeal of the Triad’s economy, six major corporations have made plans to expand in/move to the area. Toyota, Cone Health, Amazon, Publix, Guerrilla, and Boom Supersonic will all be fully operational in the Triad by 2025. Built in 2022, 600 Station Square represents an exceptional opportunity to acquire a beautifully built asset and gain almost $31K in additional revenue by implementing other streams of income.
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600 Station Square
48 Units
600 Coapman Street
Greensboro, NC  27407
Type:  Multifamily
Closed: 2/28/2025
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 144-unit, 86 North apartment community located in Chapel Hill, NC. Built in 1985, the property offers an outstanding opportunity to invest in a solid performing asset within the economic powerhouse of the Triangle MSA, strategically located in a highly educated, affluent submarket with an average HHI of +$112,000 in a 1-mile radius. Average rents at 86 North are approximately $480 lower than its immediate Class A competition and trails submarket comparable properties by $170, providing incoming ownership with a market-driven, value-add landscape to bring competitive rents to the market while capturing half of the rent ceiling. In addition, current ownership has paved the path to a feasible value-add program by renovating 4 trial units which are already receiving $145 premiums over standard units.
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86 North
144 Units
200 Westminster Drive
Chapel Hill, NC  27514
Type:  Multifamily
Closed: 7/31/2019
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 360-unit, Abbington Place apartment community located in Greensboro, North Carolina. Built in 2 phases (1995/1997), the low-density property received a recent capital investment of $3.86M that included new roofs, community amenity and parking lot enhancements, structural repairs, and interior upgrades to 65% of units. The demographics of the 1-mile radius surrounding Abbington Place outperform the broader market on nearly all fronts, with a 72% white collar workforce, 1.9% unemployment rate, and 50% of the population possessing higher education degrees. As the Greensboro-High Point MSA pipeline remains steady, the submarket will see a pause in development, having absorbed a recent surge in supply with ease. This strong market indicates the potential to take current, mid-tier renovations a step further at the property with the opportunity to boost annual NOI by 41% through a multi-faceted value-add 2.0 program.
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Abbington Place
360 Units
1521 Bridford Parkway
Greensboro, NC  27407
Type:  Multifamily
Closed: 4/14/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 264-unit, Abbotts Run apartment community located in Wilmington, North Carolina. This asset is positioned in a highly-educated, affluent demographic region between UNCWilmington, The Port of Wilmington, and Wilmington International Airport with immediate access to the Coastal City’s major roadways. Delivered in 2002, Abbotts Run recently received a $3.5 million capital infusion which included common area renovations, a state-of-the-art clubhouse, and unit interior upgrades. Since completion in April 2016, this targeted initiative has proven to see a 38% increase in rental rates. Despite this impressive growth, the market indicates there is an opportunity for a value add 2.0 program as average rental rates trail comparable properties by $280, resulting in a potential to boost annual NOI by 14%.
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Abbotts Run (Loan Assumption)
264 Units
511 Cobblestone Drive
Wilmington, NC  28405
Type:  Multifamily
Closed: 2/20/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the premier 216-unit Alta Surf apartment community located in Myrtle Beach, SC. This asset is situated in the nation’s fastest growing city with unmatched net migration posting 32% population growth since 2011. Alta Surf’s idyllic micro location provides residents direct access to the area’s largest employers, top tier higher education, and sought-after retail and lifestyle amenities including 66 miles of ocean shoreline and 90 golf courses. Centrally located within the planned Carolina Forest community, the surrounding demographic base is characterized by high avg. HHIs ($93k), a dominant white-collar workforce (64%), and astounding projected rent growth (36% through 2027). Built in 2007, featuring 9 ft ceilings and a top-notch amenity package, Alta Surf presents an exceptional opportunity to invest in a highly capitalized asset ($1.58M+) with mark-to-market potential, increasing rents to recent lease levels ($346 over rent roll) and bridging the rent delta to submarket comparables.
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Alta Surf
216 Units
101 Breakers Drive
Myrtle Beach, SC  29759
Type:  Multifamily
Closed: 1/19/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Anker Haus, a 49-unit, 2020-built Class A Build for Rent Townhome community located in one of Charlotte’s most prominent submarkets, Plaza Midwood. Defined by its eclectic, densely concentrated mix of bars, restaurants, and retail, this entertainment center is also home to an affluent, white-collar employee base. As the first pocket neighborhood introduced to Charlotte, Anker Haus’ Build to Rent Townhome product offers chic, European-influenced townhomes with expansive floorplans and curated unit features. Plaza Midwood’s inactive pipeline, strong rent projections, Charlotte’s resilient net migration, and Anker Haus’ recent stabilization result in a perfect confluence for new ownership to comfortably capitalize on organic rent growth. Less than a mile from the center of Plaza Midwood, the property is also ideally situated near Charlotte’s largest job node, Center City, as well as the largest healthcare campus in Charlotte. Anker Haus represents an outstanding opportunity to invest in a newly built, recently stabilized Class A Build to Rent Townhome community.
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Anker Haus
49 Units
2925 Commonwealth Avenue
Charlotte, NC  28205
Closed: 10/4/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 36-unit Anson Apartment community located in Winston-Salem, North Carolina. The asset is strategically positioned alongside the area’s major thoroughfares that connect the MSA’s multiple, major higher-ed institutions and economic drivers. Attractive demographic trends paired with 22% home value growth and 15% rent growth over the past year has brought attention to Winston-Salem as the Triad prepares for a major economic boom. National General Insurance, and the recently announced Toyota Battery Manufacturing plant are two projects that are intended to bring over 4,000 jobs to the area once completed. With industries expanding, Winston-Salem will continue to grow as the unemployment rate dwindles and population continues to increase. Anson Apartments offers an outstanding opportunity to invest in an asset that has been newly renovated, as previous ownership has completed an impressive $1.2 million multifaceted renovation project. Incoming ownership can restructure utilities to earn an additional 4% boost to NOI.
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Anson Apartments
36 Units
604-612 Anson Street
Winston Salem, NC  27103
Type:  Multifamily
Closed: 5/19/2022
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Arbor Creek, a 280-unit, 1969-built garden apartment community located in Raleigh, NC. Conveniently situated in the Cary submarket of the explosive Raleigh-Durham MSA, Arbor Creek provides tenants with close proximity to the area’s premier retail destinations and economic drivers, and a highly sought after school system. Additionally, the submarket’s projected rent growth and occupancy rates of 13% and 97%, respectively, will complement property performance for years to come. With over $3 million in CapEx recently completed, Arbor Creek is a low-maintenance, clean asset with two different levels of proven value-add that have potential to increase annual NOI up to 15% upon completion.
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Arbor Creek
280 Units
5400 Portree Place
Raleigh, NC  27606
Type:  Multifamily
Closed: 12/15/2017
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Arbor Glen and Meadow Green apartment communities in Spartanburg, South Carolina. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed) and burgeoning high-tech economy. The adjacent subject assets are in desirable east Spartanburg, one mile from the busy East Main Street commercial corridor (Publix, Fresh Market, Aldi). Ripe for value add, these synergistic properties represent outstanding investment potential in the powerful Upstate region.
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Arbor Glen & Meadow Green (2 properties, 272 units)
Arbor Glen
156 Units
1514 Fernwood Glendale Road
Spartanburg, SC  29307
Type:  Multifamily
Closed: 9/27/2017
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 380-unit South Carolina Value-Add Portfolio located in two of South Carolina’s most admired cities, Columbia and Spartanburg. Both assets are situated in South Carolina’s most robust and diverse markets with major employment centers and multifamily fundamentals that will support both assets for the long haul. Both the East Columbia and East Spartanburg submarkets are characterized by impressive rent growth, 15% and 20% respectively, dominant white-collar workforces, and majority renter occupied populations. Arbors at Windsor Lake and Cross Creek are both set to benefit from their strong micro locations with qualities such as impressive area demographics and seamless connectivity to economic drivers. Built in 1991/1981, the portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in high growth southeastern markets with strong value-add opportunities to command average premiums of $255.
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South Carolina Value-Add Portfolio (2 properties, 380 units)
Arbors at Windsor Lake
228 Units
8720 Windsor Lake Boulevard
Columbia, SC  29223
Type:  Multifamily
Closed: 6/30/2022

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ardmore at Bryton, a premier 288-unit multifamily community located in the heart of Huntersville, NC. Built in 2022, this Class-A asset is strategically located alongside the I-485 and I-77 interchange, the crossroads of Charlotte’s industrial hub, providing residents with a 15-minute commute to Uptown (100k+ jobs) and University City (80k jobs), with access to 212k+ jobs within a 20-minute drive. The immediate area surrounding the property is characterized by robust long-term fundamentals, including Huntersville’s impressive population growth, affluent demographics ($127K+ avg. HHI), 23M+ SF of industrial space, and top-tier retail.

Ardmore at Bryton has also continued to experience positive leasing momentum, despite construction delays, with 28 move-ins in May alone. Featuring outsized floorplans, the property currently trails top submarket competitors by $150+, ideally positioning the property to secure significant rental gains through capitalizing upon second generation leasing. Incoming ownership is presented a rare opportunity to invest in one of Charlotte’s most sought-after pockets, offering immediate upside and exceptional long-term growth fundamentals.

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Ardmore at Bryton
288 Units
13035 Ardmore Forest Rd
Huntersville, NC  28078
Closed: 11/15/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ardmore at Topside, a 282-unit multifamily asset in Louisville (Knoxville), TN. Ardmore at Topside represents a premier opportunity to invest in one of the Sunbelt’s most insulated markets with 3.6% vacancy and 7.2% rent growth over the last three years. Combined with a top 2 school district in the state, pent-up demand is proven at the property through averaging 27 leases per month during lease-up in 2024. Within the submarket, Ardmore at Topside is a 10-minute drive to East Tennessee’s largest airport (2 million passengers per year), the bustling Northshore Town Center, and the brand-new Alcoa City Center.
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Ardmore at Topside
282 Units
910 Ardmore Alcoa Way
Alcoa, TN  37777
Type:  Multifamily
Closed: 4/30/2025
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ardmore King’s Grant (357 units), located in Charlotte, North Carolina and Ardmore Cates Creek (270 units), located in Hillsborough, North Carolina. These two Core Plus assets provide investors rare-to-find scale (627 units) and diversification across two of the fastest growing markets in the country. The Charlotte and Raleigh-Durham markets currently rank 5th and 6th nationally for rent growth and are on pace to continue capturing double digit rent growth in 2022. Both properties are located in sought-after, suburban locations characterized by blue chip demographics, surrounded by premier retail, and enjoy unmatched connectivity to each market’s major job nodes via Interstate 85. Built in 2015/2016, the assets offer investors optimal bones with 9’ ceilings and premier locations coupled with the opportunity to push rents $300+ by expanding upon the proven value-add program in place, resulting in a $2,300,000 increase to total NOI or an average increase of 45%.
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Ardmore Portfolio (2 properties, 627 units)
Ardmore Cates Creek
270 Units
100 Waterstone Park Cir
Hillsborough, NC  27278
Type:  Multifamily
Closed: 3/23/2022
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