Augusta Office

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit, Ascend Midtown apartment community located in Savannah, Richmond County, Georgia. Built in 1968, Ascend Midtown represents an outstanding opportunity for new ownership to invest in a highly capitalized property that is currently achieving $245 in-place rent premiums. Residents of the property benefit from direct access to the Victory Drive retail corridor (Whole Foods, Chick-fil-A, Starbucks, and Target). This opportunity is accompanied by the Hyundai EV plant delivery in Q4 2024, bringing 8,500 direct jobs to the region and marks the largest economic development in Georgia history. The development has served as a catalyst for 18k additional job announcements and a predicted 4.7x multiplier effect in coming years: 40K total jobs.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 188-unit Club Villas apartment community located in Kathleen, Houston County, Georgia. This asset is situated in the thriving community of South Warner Robins. Built in 2006 & 2021-2023, Club Villas offers an outstanding opportunity to invest in a well-located asset with substantial upside in rents, supported by a top-performing school district and robust Middle Georgia economy.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 200-unit Cross Creek apartment community located in Columbus, Muscogee County, Georgia. This asset is situated in the thriving neighborhood of East Columbus, providing easy/excellent access to major employers (Aflac, TSYS, Synovus, and BlueCross BlueShield) via I-185. Built in 1978, Cross Creek represents an outstanding opportunity to invest in proven value-add with immediate upside. With 44% classic units remaining, new ownership can boost rents $160+ over recent leases with an expected ROI of 20%.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 209-unit Harmony apartment community located in Columbus, Muscogee County, Georgia. This asset is in the desirable central corridor of Columbus providing convenient access to major employers (Aflac, TSYS, Synovus, and BlueCross BlueShield) via I-185. Built in 1968-1973, Harmony represents an outstanding opportunity to invest in proven value-add asset with immediate upside, given that only 8% of units have been renovated to a premium level achieving $237 over classics. Additionally, the property has attractive assumable debt with a below market interest rate at 3.68%.

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).

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 240-unit Legacy of Athens apartment community located in Athens, Clarke County, Georgia. This asset is situated in the desirable southeast corridor of Athens, GA with close proximity to the University of Georgia and Downtown Athens. Built in 1968, Legacy of Athens offers an outstanding opportunity to invest in a proven value-add story with strong market fundamentals.

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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Midsomer at Sage Creek, a 75 unit, 2023 built BTR community located in Graniteville, SC. Midsomer at Sage Creek arrives to the market as a one-of-a-kind build-to-rent community located in the desirable Northwest Aiken Submarket. Embedded in the Sage Creek 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 (Savannah River Site ~11,000 employees and Bridgestone 1,874 employees). Direct access to I-20 offers ease of travel to employers and major retail in the Augusta and Aiken MSAs. Property performance also benefits from an under-supplied Graniteville multifamily market, being the only delivery within a 5-mile radius since 2012. Delivery is supported with strong demographics, boasting $71k+ average household income.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the 316-unit, Populus Pooler apartment community located in Pooler, Chatham County, Georgia. This asset is situated in the red-hot Pooler submarket west of Downtown Savannah. Built in 2023, Populus Pooler represents an outstanding opportunity to invest in newly constructed institutional garden-style product reaping the benefit of 40K anticipated jobs in the wake of Hyundai Motor Group’s Electric Vehicle Metaplant announcement (15 miles from property).

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ± 48-acre development site, The Reserve at Savannah Harbor Development Site, located in Savannah, GA. Positioned on Hutchinson Island, just a short drive or ferry ride from historic downtown Savannah, the site’s location offers the opportunity for luxurious island living with all the conveniences and amenities of a major city. The opportunity consists of 149 finished lots with utilities, a completed clubhouse, and raw land with potential for 172 additional lots, poising it well for build-to-rent development. Lots have unrivalled views of the Savannah Harbor Golf Course, the Savannah River, the Little Black River, the Talmadge Memorial Bridge, and downtown Savannah. Significant public and private investments are in progress across multiple developments on Hutchinson Island. Savannah’s growth, fueled by its thriving port, has bolstered an impressive coastal economy. The Reserve at Savannah Harbor Development Site presents a generational chance to acquire a large portion of the only island off downtown Savannah and develop one of the city’s premier and most unique communities.

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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 500-unit University Oaks apartment community located in Athens, Clarke County, GA. This asset is situated in the thriving neighborhood of West Athens, with proximity to premier retail (Fresh Market, Chick-fil-A, Starbucks and Target) and Downtown Athens. Within 5 minutes are Athens’ core economic drivers, including the University of Georgia, St. Mary’s Healthcare, and Piedmont Athens Regional Hospital. Built in 1965-1969, University Oaks offers an outstanding opportunity to assume an attractive in-place loan at a 2.72% rate with 5+ years of I/O remaining, in one of the state’s most desirable markets. This proven value-add asset, achieving $65 premiums, provides new ownership the opportunity to capture $160 premiums through a comprehensive value-add program.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit West Brook apartment community located in Macon, Bibb County, Georgia. This asset is strategically located in southwest Macon, moments away from premier retail like Sam’s Club, Best Buy, Kroger, The Home Depot, and the Macon Mall Redevelopment and Amphitheater. Built in 1971, West Brook represents an outstanding opportunity to invest in proven value-add with immediate upside and over $1.3M in CapEx projects. With 39% classic units remaining, new ownership can boost rents an additional $130 by continuing the in-place renovation program and elevating with black appliances, new lighting, hardware, backsplash, and modern paint.