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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: Conventional
Closed: 1/19/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 208-unit Village at Mills Gap apartment community located in burgeoning Boiling Springs, SC. Ideally located off Boiling Springs Road, surrounded by big-box dining and retail options, and in close proximity to I-85, residents are provided superior access to Spartanburg and Greenville’s largest employment nodes and 71k+ jobs within a 20-minute drive. The Spartanburg submarket also boasts impressive projected rent growth (21% through 2027), steady occupancy levels of 95%, and soaring home values, priming the asset to take full advantage of these desirable multifamily fundamentals. Furthermore, residents at Village at Mills Gap enjoy an exceptional amenity package and open floorplans unmatched by competitors. Built in 2014 and meticulously maintained, Village at Mills Gap offers an extraordinary opportunity to acquire a one-of-a-kind asset with tons of embedded upside through raising rents organically and through a Class-A value-add campaign to command average premiums of $185.
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Village at Mills Gap
208 Units
97 Mills Gap Road
Boiling Springs, SC  29316
Type: Conventional
Closed: 1/6/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Coastal Exchange, a 300-unit apartment community located in Myrtle Beach, South Carolina. The property is strategically located in the nation’s fastest growing city, characterized by soaring population and skyrocketing home values. The Class-A community will feature modern finishes and best-in-class amenities, positioning it as the one of the submarket’s leading assets. Situated just off Highway-17, the property offers residents unmatched access to the area’s foremost employers as well as an array of retail and entertainment, including 66-miles of shoreline just minutes away. Furthermore, the submarket enjoys ideal fundamentals propelled by the influx of new residents, with 23% rent growth anticipated by 2026. Market comparables and submarket projections outline the property’s vast rent potential ($1,950+ at final CO) and highlight incoming ownership’s opportunity to acquire a top-tier asset at an extremely attractive basis.
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Coastal Exchange
300 Units
5895 Arbor Isle Way
Myrtle Beach, SC  29577
Type: Conventional
Closed: 12/29/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 24.36-acre Overlook at Intracoastal development opportunity in Santa Rosa Beach, Florida, nestled within the 6th fastest growing county in the country. This site offers one of the only potential multifamily land developments in South Walton, as the surrounding area comprises of nearly 20,000 acres of protected forest and park-lands, leaving developable land scarce to find. As population surges in the Walton County area, rental rates and developments are quick to follow with the immediate area realizing 24% rent growth YoY while over $1.5B in capital investments will be deployed in northwest Florida for economic and infrastructure enhancements. The submarket is attracting a stronger demographic base more than ever, with average household income of $118K that is poised to increase 8.6% by 2025, 73% White Collar Workforce, and 52% of residents hold a bachelor’s degree or higher within a 5-mile radius. This may be one of the last multifamily development opportunities within 10 minutes of the #1 ranked beach in the country (2020), Grayton Beach State Park.
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Overlook at Intracoastal Land Development
24.36 Acres
177 Apostles Way
Santa Rosa Beach, FL  32459
Type: Land
Closed: 12/16/2022
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 The Vue at St. Andrew’s, a 132-unit apartment community located in the thriving capital city of South Carolina. Columbia is well known for its resilient tendencies, boasting a plethora of government, healthcare and educational jobs while promoting enticing multifamily fundamentals. The Vue at St. Andrew’s proximate location provides residents access to downtown, major retail centers including the Harbison Corridor with over 3M+ square feet of retail and top tier education within the Lexington Richland School District 5 (A Ranking). Furthermore, the immediate area provides exceptional demographics and a positive outlook with average household incomes pushing almost $78k, a white-collar workforce of 70% and no units under construction or proposed within 5-miles. Built in 1972, The Vue at St. Andrew’s represents an incredible opportunity to invest in an asset displaying tremendous performance trends with NRI increasing 13% over the T12, recent leases signing 9% over in-place rents and renovated units achieving $160 premiums.
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The Vue at St. Andrews
132 Units
82 Fox Run Lane
Columbia, SC  29210
Type: Conventional
Closed: 12/15/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the premier 312-unit Exchange at Windsor Hill apartment community located in bustling North Charleston, South Carolina. Situated north of the Peninsula in an area experiencing rapid economic growth, the North Charleston submarket continues to prove out its heightened multifamily desirability. With seamless connectivity to major thoroughfares, residents at the property enjoy direct access to the area’s largest employers such as Bosch Automotive (2k jobs), Joint Base Charleston (22k jobs), and Boeing (7k jobs) all within 5 miles of the property. Furthermore, residents at Exchange at Windsor Hill enjoy first class interior finishes with incredible attention to detail and a top-notch amenity package. Built in 2020, Exchange at Windsor Hill offers an exceptional opportunity to acquire a one-of-a-kind asset with tons of embedded upside through unparalleled projected rent growth (30% through 2027) and a $360+ rent delta to submarket comparables.
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Exchange at Windsor Hill
312 Units
8240 Windsor Hill Blvd
North Charleston, SC  29420
Type: Conventional
Closed: 12/14/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 312-unit Seaside Grove at Carolina Forest and 216-unit Providence Park, which can be acquired together or individually. The properties are situated in two of South Carolina’s most admired cities, Myrtle Beach and Columbia. As the fastest growing city in the U.S., Myrtle Beach leads the surge of southern coastal migration posting 51% population growth since 2000, outpacing all other coastal markets. The capital city of Columbia also displays persistent growth through its primary employment sectors of medical, education, and government, with rents projected to rise 21% through 2027. Located in the Carolina Forest and East Columbia communities, residents at the properties enjoy direct access to top-tier retail, premier entertainment options, and seamless connectivity to major economic drivers. The immediate areas surrounding the properties boast high average HHIs ($75k+), dominant white-collar populations (65%), and impressive rent growth (21% avg.), representing the ideal time to own in these thriving pockets of South Carolina. New ownership can benefit from the tremendous upside of the portfolio advantage and implement a Class-A value-add campaign to push rents $430+ in three years, yielding additional revenue for years to come.
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Seaside Grove & Providence Park (2 properties, 528 units)
Seaside Grove at Carolina Forest
312 Units
101 Augusta Plantation Drive
Myrtle Beach, SC  29579
Type: Conventional
Closed: 12/13/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Lakes Edge,160-unit apartment community located in Greensboro, North Carolina. This asset is situated in the rapidly expanding West Greensboro submarket. Built in 1975, Lakes Edge represents an outstanding opportunity to invest in a proven value add opportunity. The 54 units that have already seen renovations are achieving on average $240 premiums over unrenovated units. Lakes Edge has $340 rent headroom to the average of comparable. The property is located just 2 miles from the Urban Loop, a 6-lane freeway carrying Interstates 73, 85, 841, and 421. This interstate will provide critical links to high growth areas around West Greensboro.
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Lakes Edge
160 Units
5644 W. Market Street
Greensboro, NC  27409
Type: Conventional
Closed: 12/8/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Axiom Apartments, a 202-unit apartment community situated in proximity to the 78-acre mixed-use Eastland Mall redevelopment anchored by the future practice facilities of Charlotte’s new Major League Soccer team. Convenient location to the desirable thoroughfare of East Independence provides access to ~250K jobs within a 15-minute drive, as well as the most popular entertainment hubs throughout the city. Strong demographic trends show an 8% increase to household income over the next 5 years and a steady long-term unemployment rate in the immediate 1-mile radius. Built in 1987, Axiom represents an outstanding opportunity to realize up to $130 rental premiums that nearby competitive properties are currently achieving in the rapidly transforming East Charlotte submarket.
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Axiom
202 Units
5625 Keyway Boulevard
Charlotte, NC  28215
Type: Conventional
Closed: 11/29/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 166-unit Lory of Hillsborough apartment community located in Hillsborough, NC. This asset is situated in a strategically located community of Hillsborough, NC. It is optimally located in a high-income market (average HHI over $100K) with growing home values (averaging $425K) and increasing rental rates in the Triangle MSA. Unmatched access to major thoroughfares I-85 and I-40 afford the submarket incredible connectivity to major employment hubs of Raleigh-Durham Research Triangle Park, Duke University, and UNC Chapel Hill. With the Hillsborough/Chapel Hill submarket experiencing an effective rental growth rate of 21.1% in Q1-22, combined with high barriers to entry, the asset is extremely well positioned to continue organic income growth and excellent value-add potential. Built in 1974, Lory of Hillsborough allows investors to acquire a well-maintained asset and inherit a proven, multifaceted value-add program to achieve a 19% boost to NOI.
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The Lory of Hillsborough
166 Units
600 South Churton Street
Hillsborough, NC  27278
Type: Conventional
Closed: 11/16/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Inspire Coastal Grand, a 194-unit garden-style active adult community located in Myrtle Beach, South Carolina. Opened in April 2021, Inspire Coastal Grand offers quality finishes, lifestyle amenities and an exceptional location with close access to retail, major highways and the the many locations that make Myrtle Beach renowned. The luxurious and impressive amenities include yoga & spin studio, resort-style pool and sundeck, pickle ball court, bocci ball court, and recurring lifestyle events for residents to enjoy. The top tier finish quality, amenities and location of Inspire Coastal Grand make it a premier asset at the forefront of the active adult market.

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Inspire Coastal Grand
194 Units
1749 Sea Pines Blvd
Myrtle Beach, SC  29577
Type: Senior
Closed: 10/28/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 312-unit Seaside Grove at Carolina Forest and 216-unit Providence Park, which can be acquired together or individually. The properties are situated in two of South Carolina’s most admired cities, Myrtle Beach and Columbia. As the fastest growing city in the U.S., Myrtle Beach leads the surge of southern coastal migration posting 51% population growth since 2000, outpacing all other coastal markets. The capital city of Columbia also displays persistent growth through its primary employment sectors of medical, education, and government, with rents projected to rise 21% through 2027. Located in the Carolina Forest and East Columbia communities, residents at the properties enjoy direct access to top-tier retail, premier entertainment options, and seamless connectivity to major economic drivers. The immediate areas surrounding the properties boast high average HHIs ($75k+), dominant white-collar populations (65%), and impressive rent growth (21% avg.), representing the ideal time to own in these thriving pockets of South Carolina. New ownership can benefit from the tremendous upside of the portfolio advantage and implement a Class-A value-add campaign to push rents $430+ in three years, yielding additional revenue for years to come.
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Seaside Grove & Providence Park (2 properties, 528 units)
Providence Park
216 Units
261 Business Park Boulevard
Columbia, SC  29203
Type: Conventional
Closed: 10/27/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Avenue, a 503-unit apartment community located in West Greensboro, North Carolina. With over 21% effective rent growth in 2021, the West Greensboro submarket is ranked #1 for annual effective rent growth, making it an extremely attractive area to invest. The immediate 2.5 mile radius around the asset has dozens of high end stores, restaurants, and entertainment options. Within 1 mile of The Avenue is I-840, which allows for easy connectivity to the plethora of employment drivers that the Triad has to offer. Cone Health, Toyota, Publix, Boom Supersonic, and Amazon have plans to expand in area, contributing to the major economic expansion that the Triad is currently experiencing. Built in 1972, The Avenue represents an outstanding opportunity to complete a proven, in place-value add program and boost NOI by 33%.
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The Avenue
503 Units
5939 W Friendly Ave
Greensboro, NC  27410
Type: Conventional
Closed: 9/29/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Element at East North, the 152-unit apartment community located in flourishing Greenville, SC. This asset is situated in a sought-after pocket of Greenville characterized by its young, affluent, and educated demographic base boasting high HHI’s ($84k+), white-collar workforce (64%), and exceptional projected rent growth (24% through 2026). The property is set to benefit from its desirable micro location surrounded by an abundance of high-end retail (Haywood Mall & Magnolia Point), Greenville County’s nationally ranked school district, and easy access to I-85 for residents to reach over 94k jobs within a 15-minute drive. Built in 1967, Element at East North arrives to market with a proven in-place value-add program that can be enhanced with Class-A finishes to command average premiums north of $250.
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Element at East North
152 Units
50 Glenwood Road
Greenville, SC  29615
Type: Conventional
Closed: 9/22/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Preserve at Pine Valley, 219-unit apartment community located in Wilmington, NC, the 3rd fastest growing city in the state. Built in 1974, Preserve at Pine Valley is a strong performing asset with excellent value-add potential and strong operational momentum. Ranked top 20 for inbound population growth in 2020, the South Wilmington submarket posted 17.5% YoY rent growth through 2021 bolstered by the presence of nearby retail, jobs, and education opportunities including UNC Wilmington just north of the property. Incoming investors can capitalize on strong market fundamentals by completing the in-place value-add program and pushing rents $300+.
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The Preserve at Pine Valley
219 Units
3314 Wickslow Road
Wilmington, NC  28412
Type: Conventional
Closed: 8/25/2022
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Holston, a 238-unit apartment community located in Weaverville, North Carolina, a rapidly expanding suburb of Asheville. This asset boasts incredible connectivity to the Asheville MSA via I-26 and US 25/US 70 while maintaining the benefits of suburban living and picturesque mountain views.Featuring market leading interior finishes and a thoughtfully curated amenity set, The Holston represents the premier suburban apartment community in North Carolina’s fastest growing leisure market. The Holston is poised to continue an already impressive leasing performance driven by the upcoming slow down of new deliveries and a well-established renter pool with discretionary income that can support significant future rent growth. Built in 2022, The Holston offers an exceptional opportunity to acquire Asheville’s premier suburban apartment community that has proven leasing momentum and unrealized, organic upside through 17.9% rent growth projected in 2022.
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The Holston
238 Units
105 Holston View Drive
Weaverville, NC  28787
Type: Conventional
Closed: 8/18/2022