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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of WILLIS Avondale Estates, a 197-unit mixed-use development in the thriving Avondale Estates Entertainment District. This is an excellent opportunity to acquire an exceptional asset with a unique tax abatement offered significantly below replacement cost. Avondale Estates is an affluent node of Decatur, offering an excellent blend of authenticity and culture through its historic charm and collection of restaurants and breweries, while also providing extremely high barriers to entry. WILLIS Avondale Estates is directly adjacent to Downtown Decatur’s curated 426K+ SF of destination retail and five Michelin recommended restaurants, as well as the MARTA Avondale station. In addition, this asset is situated near Atlanta’s prolific Ed’s and Med’s Corridor, with 40K+ medical jobs and $15B+ in annual economic impact and convenient access to ~360K jobs.
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WILLIS Avondale Estates
197 Units
2700 E. College Avenue
Decatur, GA  30030
Type:  Multifamily
Closed: 12/17/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit Portico at Lanier apartment community located in Gainesville, Hall County, Georgia. As the destination for numerous new large-scale developments, Gainesville has seen steady rent and job growth in the past 10 years. With recently refreshed amenities and exteriors, Portico at Lanier is well positioned for significant rent growth in this supply-constrained multifamily submarket. A new owner can boost income with interior improvements, achieving peak premiums by upgrading the remaining classic and partially renovated units to the seller’s fully renovated level or upgrading 100% of units to an elite level. Built in 2004, Portico at Lanier represents an outstanding opportunity to invest in a proven value-add asset located in a flourishing Atlanta suburb, well below replacement cost, estimated to be in excess of $268K/door.
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Portico at Lanier
150 Units
1750 Columns Drive
Gainesville, GA  30504
Type:  Multifamily
Closed: 12/12/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 161-unit The Local on Severn apartment community located in New Orleans’ most affluent neighborhood. This asset is situated off of I-10, just before Lake Pontchartrain and adjacent to Lakeside Shopping Center, giving residents prime access to major New Orleans, Metairie, Slidell and Covington employers. With minimal supply in the area, the property is primed for future rent growth. Built in 1974 and renovated in 2018, The Local on Severn represents an outstanding opportunity to invest in a value-add opportunity in a prime location with strong submarket fundamentals.
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The Local on Severn
161 Units
3409 Severn Avenue
Metairie, LA  70002
Closed: 12/10/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Cortland North Druid Hills, a 310-unit institutional multifamily asset in the Executive Park Medical District within the neighborhood of North Druid Hills (Atlanta, GA). This property is perfectly positioned at the center of Atlanta’s largest job nodes, providing convenient access to 655K+ jobs within 15 minutes, including three of the largest healthcare corridors in the city. Also, Cortland North Druid Hills is walkable to 26K+ high quality medical and education jobs in the second largest healthcare corridor in Atlanta with a total of 4M+ SF of medical space, featured by the brand new $1.5B CHOA hospital and future Emory district that will bring a total of 10K+ new jobs. Additionally, this asset is near desirable lifestyle attractions and new developments, like Buckhead’s 200+ luxury shopping destinations and Brookhaven Village’s new Open Container District.

The property benefits from North Druid Hills’ robust demographics with an average household income of $151K and nearby home values of $2M+ within one mile. Cortland North Druid Hills provides an attractive opportunity to acquire an institutionally owned and operated asset with upside and extremely high barriers to entry (zero properties under construction or planned), offered significantly below replacement cost.

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Cortland North Druid Hills
310 Units
7 Executive Park Drive
Atlanta, GA  30329
Type:  Multifamily
Closed: 10/31/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 152-unit, Timber Pointe apartment community located in Macon, Bibb County, Georgia. This asset is situated in robust middle Georgia bolstered by top, high paying employers, multiple higher education institutions, and award-winning healthcare centers, including Piedmont Health Center and Atrium Health Navicent. Built in 1983, Timber Pointe represents an outstanding opportunity for new ownership to invest in a property that is currently achieving $126 in-place rent premiums. In addition, Timber Pointe offers a great opportunity to assume attractive debt below current market levels, with the ability to reach an LTV of 65%+. Middle Georgia continues to grow with the Peach Co. mega site breaking ground, the new 10,000 seat Macon Amphitheater, and the $500M I-16/I-75 interchange expansion project.
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Timber Pointe
152 Units
2050 Old Clinton Road
Macon, GA  31211
Type:  Multifamily
Closed: 9/30/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 166-unit apartment community, Madison New Riverside, located in Bluffton, Beaufort County, South Carolina. This asset is situated in the New Riverside master planned community, a brand new walkable area in West Bluffton providing immediate access to top retail corridors and nationally renowned resorts. Built in 2024, Madison New Riverside represents a rare opportunity to invest in a true lifestyle community in a premier location with top schools, demographics, and exceptional leasing fundamentals. Madison New Riverside has proven market demand, averaging 16 leases per month, since February 2024, while increasing average rents $80+ in the same time frame.
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Madison New Riverside
166 Units
205 Forest Trce
Bluffton, SC  29910
Closed: 9/24/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 110-unit The Meadows community. Situated in the heart of the I-20W/Fulton Industrial district and neighboring major thoroughfares, residents enjoy premier access to the city’s most prolific job centers. Remarkable expansion efforts are underway in the overarching Douglas County area, most noteworthy being along Fairburn Road. The Meadows lies under half a mile from the intersection of Fairburn Road & Lee Road where The Trails, an impressive $350M mixed-use project, is currently under construction. Ongoing development throughout the County, along with continued job market growth, has led to heightened demand in the market and consistent rent growth. Current ownership has renovated 5 units, providing new ownership the opportunity to renovate the remaining 95% of the property and drive increased rents.
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The Meadows
110 Units
2725 Forrester Ct
Lithia Springs, GA  30122
Closed: 9/5/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit, Holiday Cove apartment community located in Forsyth, Monroe County, Georgia. This asset is situated in the strategically-located Forsyth submarket of Macon and just 60 miles south of Atlanta. Built in 1987, Holiday Cove represents an outstanding opportunity for new ownership to invest in a property with the ability to achieve $150+ premiums through a moderate value-add program while rolling recent leased renovated units that are currently in line with classic units. This property has undergone $800K of exterior and interior capital expenditures, which include landscaping, amenity enhancements, select roof replacements, and interior upgrades. With so few multi-family units in Monroe County, Holiday Cove creates a desirable investment in a limited market. The area’s dynamic economy is bolstered by premiere schools, a booming film industry, and continued job growth (900 new jobs in Locust Grove - 25 miles from the property).
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Holiday Cove
96 Units
600 Holiday Circle
Forsyth, GA  31029
Closed: 7/30/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Lowe, a 135-unit, 2022-built apartment community located in the desirable Street Car District of downtown Savannah Georgia. Completed in 2022, The Lowe represents a top of the line asset that includes premium amenities and finishes, an ability to push second generation leases, and location that is directly in downtown Savannah’s path of growth. Situated downtown, residents of The Lowe benefit from proximity to the area’s most sought-after restaurants and retail.

Since the announcement of the largest economic development project in Georgia history, the Hyundai EV plant (8,500 jobs) has been the catalyst of 18K additional jobs announced over the last 18 months. The EV plant is estimated to have a 4.7x multiple effect through supporting industries (40K total job impact).

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The Lowe
135 Units | 145 Beds
1501 Montgomery Street
Savannah, GA  31401
Type:  Multifamily
Closed: 5/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Preston. The Preston is a 334-unit apartment community located in McDonough, Henry County, GA. This asset is situated in the rapidly expanding I-75 corridor, which comprises several major distribution hubs due to the proximity of Hartsfield Jackson International Airport and the Port of Savannah. As the home to a 1.1M+ workforce, Henry County’s major job sectors include advanced manufacturing, healthcare services, logistics and professional solutions. The property benefits from affluent surrounding demographics and over 1.2M SF of neighboring retail. A new owner can either renovate the remaining 266 units for ~$213 premiums or elevate 100% of the property to an elevated finish level to compete with newer assets which provide $225+ of rental headroom. As population growth outpaces the multifamily development, the property is primed for continued rent growth.
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The Preston
334 Units
100 Preston Creek Drive
McDonough, GA  30253
Type:  Multifamily
Closed: 5/2/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Cortland Portico, a 440-unit institutionally owned and operated multifamily property in Atlanta’s dynamic I-85 North Corridor. This Core Plus asset features a thoughtful site-plan, spacious floorplans and a premier amenity package. Current ownership has injected $7.7M into the asset, which has attracted a top-tier renter profile. The property is ideally located along I-85, providing residents direct access to Atlanta’s top job nodes and 1M+ jobs within a short drive. In addition, Cortland Portico is strategically located near significant new developments including Gas South District, a 118-acre campus including an arena, theatre, and convention center. Cortland Portico provides an attractive opportunity to acquire a truly irreplaceable asset with strong future growth trajectory, in Atlanta’s fastest growing county.
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Cortland Portico
440 Units
2110 Preston Park Drive
Duluth, GA  30096
Type:  Multifamily
Closed: 4/25/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 193-unit Midtown Ridge apartment community located in Chattanooga, Hamilton County, Tennessee. Situated in the thriving, highly desirable Brainerd neighborhood, Midtown Ridge is surrounded by top retail, restaurants, and local parks alongside the Eastgate Town Center. When combined with quick access to I-24 and I-75, Midtown Ridge offers unrivaled access to all sides of the city. A 1986-built asset, Midtown Ridge is an opportunity to invest in a highly capitalized property with even greater potential through value-add. This opportunity is bolstered by recent job announcements in the area, including SK Foods, Qcells, Volkswagen, and Bridgestone Americas.
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Midtown Ridge
193 Units
312 McBrien Road
Chattanooga, TN  37411
Type:  Multifamily
Closed: 4/23/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Villas at North Park, a 87-unit, 2023 build-to-rent community located in the thriving and undersupplied Kingsport market. Villas at North Park arrives to the market as a one-of-a-kind build-to-rent community located in desirable Northwest Kingsport. Embedded in the Villas at North Park community, the asset boasts high-end construction with a combination of upscale finishes and quality amenities. Residents at the property benefit from being within minutes of top employers (Eastman Chemical, Kingsport City School System, and Welmont Health System) and just moments from big box retailers such as Walmart and Lowe’s. Property performance also benefits from the under supplied Kingsport multifamily market, with less than 1,000 units delivered to the area since 2010.
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Villas & Gardner (2 properties, 153 units)
Gardner Village
66 Units
203 Mickelson Pl
Gray, TN  37615
Type:  Single-family
Closed: 3/28/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Villas at North Park, a 87-unit, 2023 build-to-rent community located in the thriving and undersupplied Kingsport market. Villas at North Park arrives to the market as a one-of-a-kind build-to-rent community located in desirable Northwest Kingsport. Embedded in the Villas at North Park community, the asset boasts high-end construction with a combination of upscale finishes and quality amenities. Residents at the property benefit from being within minutes of top employers (Eastman Chemical, Kingsport City School System, and Welmont Health System) and just moments from big box retailers such as Walmart and Lowe’s. Property performance also benefits from the under supplied Kingsport multifamily market, with less than 1,000 units delivered to the area since 2010.
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Villas & Gardner (2 properties, 153 units)
Villas at North Park
87 Units
1504 Quartz PL
Kingsport, TN  37660
Type:  Single-family
Closed: 3/28/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 380-unit Rivoli Run & Park at Northside apartment communities located in Macon, Bibb County, Georgia. These assets asset is situated in the premier North Macon submarket, surrounded by top line retail including Fresh Market, Wesleyan Station (Kroger and Starbucks) and The Shoppes at River Crossing (Dick’s, Dillard’s, and Barnes & Noble), with direct access to downtown Macon, I-75, Wesleyan College and one of the largest medical centers in Macon (Piedmont Macon North). Built in 1995 & 1975 respectively, Rivoli Run & Park at Northside represent well-designed properties that offer an outstanding value-add opportunity with current rents achieving $100+ in renovation premiums over classic units and an opportunity for $190+ total blended premiums through full-scale renovation. Both properties have undergone $1.1M+ of exterior and interior capital expenditures, which include landscaping, amenity enhancements, signage, asphalt seal/restripe and interior upgrades.
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Rivoli Run & Park at Northside (2 properties, 380 units)
Rivoli Run
188 Units
200 Charter Lane
Macon, GA  31210
Type:  Multifamily
Closed: 3/27/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 380-unit Rivoli Run & Park at Northside apartment communities located in Macon, Bibb County, Georgia. These assets asset is situated in the premier North Macon submarket, surrounded by top line retail including Fresh Market, Wesleyan Station (Kroger and Starbucks) and The Shoppes at River Crossing (Dick’s, Dillard’s, and Barnes & Noble), with direct access to downtown Macon, I-75, Wesleyan College and one of the largest medical centers in Macon (Piedmont Macon North). Built in 1995 & 1975 respectively, Rivoli Run & Park at Northside represent well-designed properties that offer an outstanding value-add opportunity with current rents achieving $100+ in renovation premiums over classic units and an opportunity for $190+ total blended premiums through full-scale renovation. Both properties have undergone $1.1M+ of exterior and interior capital expenditures, which include landscaping, amenity enhancements, signage, asphalt seal/restripe and interior upgrades.
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Rivoli Run & Park at Northside (2 properties, 380 units)
Park at Northside
192 Units
3876 Northside Drive
Macon, GA  31210
Type:  Multifamily
Closed: 3/26/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Pointe Grand Athens, a 240-unit, 2022-built apartment community located in rapidly growing Athens, GA. This asset is situated in the thriving Northeast Athens submarket. While there is retail and thousands of industrial and manufacturing jobs including Meissner Corporation’s 1,700 job announcement, Pointe Grand Athens also sits minutes away from the University of Georgia and Downtown Athens. In larger scale, the Athens region has benefited greatly from close proximity to Atlanta as well as Commerce, Jefferson, and Lawrenceville, giving residents access to over one million jobs within a 1-hour radius. Having fully leased, Pointe Grand Athens provides an opportunity to continue strong operation of brand-new product into second generation stability, taking full advantage of the Athens and surrounding market progress.
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Pointe Grand Athens
240 Units
625 US HWY 29
Athens, GA  30601
Type:  Multifamily
Closed: 3/7/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit Latitude at Richmond Hill apartment community located in Richmond Hill, Bryan County, Georgia. This asset is situated in the desirable Richmond Hill submarket of south Savannah, sporting strong demographics, top schools, and explosive job growth. Built in three phases (2007, 2015 and 2019), Latitude at Richmond Hill represents an outstanding opportunity to invest in a property that consists of 100% classic units and can achieve $195+ rent premiums through a moderate value-add program. The property has seen $1.1M+ spent on capital expenditures including new signage and rebranding, landscaping, and major amenity enhancements. Recent Savannah job announcements are headlined by 17.5K+ new jobs, with 12.5K to be located in Bryan County. This includes the Hyundai EV Plant (8,500 jobs) and Hyundai Mobis (1,500 jobs) - part of the largest economic development project in Georgia history.
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Latitude at Richmond Hill
192 Units
1821 Buckeye Drive
Richmond Hill, GA  31324
Closed: 2/2/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 247-unit Soncel at the Lakes apartment community located in Kingsland, Camden County, Georgia. This asset is situated in the strategically-located I-95 corridor, within driving distance of the ports of Brunswick, Jacksonville, and Savannah as well as having rail access throughout the County. Built in 1990 through 2018, Soncel at the Lakes represents an outstanding opportunity to invest in a proven value-add property seeing $200+ rent premiums with the ability to usher in an additional ~$400 premiums by bringing renovations up to market comparables. Residents of Soncel at the Lakes benefit from close proximity to one of the area's major employers (SE Georgia Health Systems - Camden Campus, 2,200 jobs), top Camden County schools, and ease of travel to Jacksonville, Florida's robust job economy (830K workforce pool).
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Soncel at the Lakes
247 Units
140 Lakes Boulevard
Kingsland, GA  31548
Closed: 1/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 176-unit Hunter's Run apartment community located in Macon, Bibb County, Georgia. This asset is situated in the highly-coveted West Macon submarket. Built in 2001, Hunter's Run represents and outstanding opportunity to invest in a property that has nearly original interiors, allowing for new ownership to achieve $210 rent premiums through a value-add program. This property has undergone $800K of exterior and interior capital expenditures which include all new roofs, siding tune-up, pool enhancements, and interior renovations. Hunter's Run benefits from direct access to I-475 (1.5 miles), top retail including Publix, Walmart, Sam's Club, Kroger, Aldi, Chick-fil-A, the $100M Macon Mall renovation project, as well as proximity to 57K+ jobs.
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Hunter's Run
176 Units
6001 Thomaston Road
Macon, GA  31220
Closed: 12/20/2023
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