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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Amalfi at Tuscan Lakes, a 328-unit, 2008-built apartment community, and Sorrento at Tuscan Lakes, a 204-unit, 2008-built apartment community, both located in the Houston MSA in League City, Texas. Amalfi and Sorrento at Tuscan Lakes offer prospective buyers an extraordinary opportunity to acquire timeless institutional product with immense value-add potential and below-market in-place debt in an established and continuously growing submarket of Houston, Texas. Momentus tailwinds including a multitude of employment centers spanning a variety of industries, an array of amenities and attractions, healthy demographics, hearty rent growth projections, and notable developments proximate to the assets will ensure that these assets continue to prosper.
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Sold
Amalfi & Sorrento at Tuscan Lakes (2 properties, 532 units)
Amalfi at Tuscan Lakes
328 Units
1450 East League City Parkway
League City, TX  77573
Type:  Multifamily
Closed: 9/12/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Main Street Lofts, a newly constructed suburban community comprising 266 units strategically located in Mansfield, Texas. Main Street Lofts is an institutional-quality asset, boasting top-of-the-market unit and community features in one of the fastest-growing suburbs in Dallas-Fort Worth. The property is nearing stabilization, achieving robust lease trade-outs with an average increase of $241 in effective rent. Furthermore, Mansfield’s rapidly expanding population, thriving job market, and increasing home prices are poised to drive rental demand. With a projected economic activity exceeding $650 million, the area exhibits limitless potential for future growth as well. Situated in the center of DFW, Main Street Lofts offers exceptional accessibility to premier job nodes and entertainment venues, with over 2.15 million jobs within a 30-minute drive. The property is walkable to Town Park, Walnut Creek Linear Trail, and Downtown Mansfield, featuring a variety of restaurants and shops. Main Street Lofts is primed for long-term sustainability, as the opportunity to drive rent growth establishes a solid foundation for future prosperity
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Sold
Main Street Lofts
266 Units
715 N. Main Street
Mansfield, TX
Closed: 12/13/2023
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 308-unit Mansfield on the Green apartment community in Mansfield, Texas, a rapidly-expanding suburb of the high-growth DFW Metroplex. Completed in July 2018, this brand new asset is an integral part of a changing landscape of new upscale developments redefining the character of suburban Mansfield. Anchoring the south end of the prolific Texas 360 corridor equidistant to both Fort Worth and Dallas, Mansfield is an exceptional residential community with phenomenal population growth, $155,000+ average household incomes, and $300,000+ average home values. In addition to offering direct connectivity to primary DFW employment districts, Mansfield on the Green benefits from its location next to Mansfield National Golf Club and close proximity to Methodist Mansfield Medical Center and Joe Pool Lake. With its lease up rapidly approaching completion, the subject offers strong investment advantages through second generation rent increases and increasingly strong demand drivers.
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Sold
Mansfield on the Green
308 Units
250 North State Highway 360
Mansfield, TX  76063
Type:  Multifamily
Closed: 4/2/2019
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