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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
Offers Due:  Wednesday, October 23, 2024
201 Units
130 Nile Circle
Mooresville, NC  28117
Type:  Multifamily
Posted: 9/19/2024

Cushman & Wakefield is pleased to present the exclusive listing of 1801 Assembly, a fully entitled 113-unit mixed-use tax credit eligible adaptive reuse opportunity in the heart of downtown Columbia, South Carolina. The former federal building, located on the highest point in Columbia and embedded within the highly amenitized redevelopment district of downtown, offers residents walkability to hundreds of restaurants, retail, and entertainment options, including across the street Finlay Park, currently undergoing a $24.1M rehabilitation. The surrounding area also boasts seamless connectivity to the state capital’s largest employers, providing 145k+ jobs within a 15-minute drive.

Unused for over 5 years, the building qualifies for Abandoned Building Tax Credits, along with its age and significance qualifying for the Historic Building Tax Credits and Bailey Bill Tax Abatements. Current ownership has laid significant groundwork for the project, including detailed site plans and renderings and complete asbestos remediation, offering the next buyer an accelerated development timeline relative to comparable adaptive reuse opportunities. 1801 Assembly represents a unique adaptive reuse development opportunity in one of the most desirable locations in Columbia. The project is fully entitled and abated, allowing a buyer to close in Q3 of 2024 and deliver units roughly a year later in Q3-Q4 of 2025. Additionally, the tax credits allow for an investor to syndicate capital prior to construction, creating approximately ~$11.5MM in sources after land close.

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1801 Assembly St
113 Units
1801 Assembly St
Columbia, SC  29201
Posted: 7/17/2024
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
Posted: 7/23/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±3.30 Acre 4th & Shartel multifamily development site located in Downtown Oklahoma City, OK. Permits have been approved for the site, which is entitled for 246 units. The site is also located just minutes from the Central Business District (51,000+ jobs) and The University of Oklahoma Health Sciences Center (11,000+ employees), which have served as primary drivers to the revitalization of the area with projects such as Scissortail Park and the Streetcar. With steady rent demand and market-leading occupancy, the shovel-ready site with design and 100% of construction documents complete presents the rare opportunity to develop Class A apartments in the heart of Downtown Oklahoma City.
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4th & N Shartel
3.3 Acres
820 NW 4th St
Oklahoma City, OK  73102
Type:  Land
Posted: 6/20/2024
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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Under Contract
600 Station Square
48 Units
600 Coapman Street
Greensboro, NC  27407
Type:  Multifamily
Posted: 11/3/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±16.33-acre Altitude at 41 Development Site in Nashville, TN. The offering is composed of three sections, with a total proposed multifamily unit count of ±400 apartments. These sections may be purchased together or considered for sale separately. Significant sitework has been completed for phase I of the project, giving the buyer an expedited opportunity to go vertical. Dickerson Pike is one of the hottest corridors in Nashville as of late, with developers from all over the country acquiring land and planning projects in the area. Much of this interest is due to the flourishing East Bank, where the new Nissan Stadium is under construction and Oracle has plans to build its River North Campus, just 10 minutes from the site. Nashville has been named the #1 real estate market in the country for real estate investment by the Urban Land Institute, and the Altitude at 41 Development Site presents an excellent opportunity to enter the market in a submarket with tremendous momentum.
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Altitude at 41
16.22 Acres
3465 Dickerson Pike
Nashville, TN  37207
Type:  Land
Posted: 3/19/2024

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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Under Contract
Ardmore at Bryton
288 Units
13035 Ardmore Forest Rd
Huntersville, NC  28078
Posted: 6/11/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Bellevue Mill Apartment Homes, a 112-unit apartment community located in Hillsborough, NC. This asset is situated nearby the Triangle’s largest economic drivers, including UNC, Duke, and Research Triangle Park. The property is a renovated textile mill, with $18.5M spent in 2019 to deliver a high-end, modern asset with unique floorplans and ample community amenities. Highlighted by brand new finishes and high vaulted ceilings, Bellevue Mill is the premier asset in Hillsborough.

Bellevue Mill’s proximity to I-40 provides streamlined access to retail and economic drivers in the Triangle and Triad, pairing well with convenient dining and entertainment within walking distance for residents, including Eno River Brewing. Bellevue Mill has experienced continued growth and strong occupancy, evidenced by the 13.6% revenue growth in 2024 through August.

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Bellevue Mill
Offers Due:  Wednesday, November 13, 2024
112 Units
206 South Nash Street
Hillsborough, NC  27278
Type:  Multifamily
Posted: 10/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 15.10-acre Brentwood Multifamily Development Site in Nashville, TN. The site is entitled by-right for multifamily and fully designed with permits in hand for 233 apartment units across six 4 and 4/5 split-story buildings. The majority of sitework has already been completed, giving the future developer a jump start on the project. Centrally located between highly desirable Nashville, Brentwood, Antioch, and Nolensville, future residents will enjoy easy commutes to these nearby employment and lifestyle centers. Within a 5-minute drive of the site are 2 Krogers, 2 Walmarts, 2 Walgreens, a Sprouts, a Publix, and more. The greater Nashville multifamily market is one of the hottest markets in the country, with average Class A rents expected to exceed $2K by the end of 2023. The Brentwood Multifamily Development Site presents a unique opportunity to promptly go vertical on a top-tier site in a premium suburban Nashville market.
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Under Contract
Brentwood Multifamily Development Site
15.1 Acres
101 Zermatt Avenue
Nashville, TN  37211
Type:  Land
Posted: 10/4/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±14.98-acre Brunswick Villa & Townhome Site located in Brunswick, GA. The site is part of the large-scale Golden Isles Gateway Planned Development area intended to spur development and economic growth in the area. The shovel-ready site is zoned and provisionally approved for 128 townhome & villa units. The Brunswick Villa & Townhome Site was planned for build-to-rent development, although it could also be an ideal site for multifamily or for sale homes. Nearby major employers include the Federal Law Enforcement Training Center, the Port of Brunswick, and Sea Island. The port is projected to become the #1 automobile port in the U.S. by 2026. A great public school system, solid demographic base, and rising home values & rental rates are supportive of a Class A development in this market. Only a 25 min drive to the public beach on St. Simons, the Brunswick Villa & Townhome Site benefits from easy and convenient access to all the retail, employment, and recreational hubs the Golden Isles has to offer.
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Under Contract
Brunswick Villas & Townhomes
14.98 Acres
275 Harry Driggers Blvd
Brunswick, GA  31525
Type:  Land
Posted: 7/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±49.56-acre Chisholm Creek Development Site in Oklahoma City, Oklahoma. The property’s flexible zoning allows for high-density multifamily, high-density single family, retail, & mixed-use development. The site is just south of John Kilpatrick Turnpike and the area’s premier retail and entertainment district, Chisholm Creek. Running along the John Kilpatrick Turnpike, the Memorial Road corridor is home to some of the city’s most dynamic and sought-after retailers, as well as top employers. The multifamily market in Oklahoma City is strong, with an average of 3% rent growth projected 2024-2028 and backed by affluent demographics. The Chisholm Creek Development Site presents an exciting opportunity to embark on a dynamic mixed-use project with dense multifamily in one of the hottest areas of the city.
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Chisholm Creek Development Site
49.56 Acres
13001 N Western Ave
Oklahoma City, OK  73114
Posted: 3/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±21-acre Countess Villa & Townhome Site located in Huntsville, AL. A 129-unit build-to-rent project is proposed for the site, but at over 20 acres, it could also be an exceptional multifamily site. Zoning allows for up to 328 units. The site is located only 10 minutes north of Downtown Huntsville and 10 minutes east of the North Huntsville Industrial Park (Toyota & Meta). The Huntsville Northern Bypass project is in progress just south of the site and will be the future loop roadway encircling the city. Over the next four years, the Huntsville rental market is forecasted to average solid annual rent increases of 2.9%. Average household incomes surrounding the site surpass $100K. The Countess Villa & Townhome Site presents an excellent opportunity to develop a Class A build-to-rent or multifamily project in one of the top job markets in the country.
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Countess Villa & Townhome Site
21 Acres
181 Countess Rd NE
Huntsville, AL  35810
Posted: 8/8/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±35.7-acre Eden Village Development Site located in Denton, TX (Dallas-Fort Worth metroplex). The exceptionally located residential site lends itself well to both build-to-rent and for sale development, as evidenced by high rental rates and home values in the area. Both uses are permitted by zoning. The site will be delivered with finished lots ready for vertical construction, with the majority of the sitework already complete. Denton, 45 min from downtown Fort Worth & 1 hr from downtown Dallas, is a unique and culturally rich university town with a historic downtown that has seen an explosion in development and employment opportunities in recent years. The Eden Village Development Site benefits from strong fundamentals in a growing North Texas market and is an excellent opportunity to assume an expedited development timeline.
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Eden Village Development Site
35.7 Acres
201 N Loop 288
Denton, TX  76209
Type:  Land
Posted: 7/22/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Grandview Pointe. This unique offering comprises 96 existing multifamily units built in 2009 alongside 30+ acres of contiguous development land. Grandview Pointe is unlike any other multifamily site in the City of Mobile with its frontage on Mobile Bay. The asset boasts 1,400+ feet of shoreline along Mobile Bay, a first-class amenity package and convenient access to Downtown Mobile. The 96 existing multifamily units continue to outperform the market due to the unique location and unmatched livability factor. Grandview Pointe represents a compelling opportunity to acquire a performing asset while also shaping the development land into a prominent community landmark.
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Under Contract
Grandview Pointe
96 Units
6151 Marina Drive S
Mobile, AL  36605
Type:  Multifamily
Posted: 6/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±5.43-acre Midcity Commons Multifamily Development Site located in Bentonville, AR. Permits have been approved for the site, which is entitled for 185 garden apartment units as well as a small retail space and various first-class amenities. The site is well-located, just minutes from Northwest Medical Center, Sam’s Club HQ, and various Walmart employment hubs, all while being just 3 miles south of thriving Downtown Bentonville. Steady rent growth is forecasted for the Bentonville multifamily market, which also benefits from household incomes exceeding $100K and some of the best schools in the state. The Midcity Commons Multifamily Development Site presents an attractive opportunity to develop a Class A garden apartment project in one of the country’s fastest growing multifamily markets.
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Midcity Commons
5.34 Acres
SE John Rollow Dr & SE 28th St
Bentonville, AR  72712
Type:  Land
Posted: 5/29/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 99-unit North Chase apartment community located in Wilmington, NC. This asset is situated in a highly sought after pocket of Wilmington, which is characterized by a growing population, rising home values, and exceptional universities. The immediate area surrounding the property is comprised of college educated renters (34%) that are 58% white-collar and average +$72K in median household income. Residents of North Chase have instant access to the New Centre Market & University Centre retail corridor , which provides a plethora of retail, entertainment, and lifestyle amenities just a short drive from the asset. The fruitful industries of manufacturing, technology, and banking ground the Wilmington economy, which is experiencing a major economic boom as economic drivers continue to announce plans to move to/expand in the area. Current ownership has invested over $1.5M in capital expenditures since 2018, and have an in place renovation program that yields $125+ premiums over classic units.
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North Chase
99 Units
3119 Enterprise Drive
Wilmington, NC  28405
Type:  Multifamily
Posted: 8/21/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Nu Gastonia, an 82-unit apartment community located in Gastonia, NC. The asset is strategically situated within a submarket that is highlighted by rent growth (46.50% since 2018) and an accessible workforce. Nu Gastonia boasts 19.94M SF of industrial space within a 5-mile radius and premier access to I-85 & NC-74 which provides connectivity throughout the region as well big box retailers including Target, Walmart, and Walgreens. Built in 1970, Nu Gastonia represents an outstanding opportunity to invest in the rapidly expanding Gaston County submarket with a high rent growth projection (21.90% average through 2029) and meaningful renter population (53%). Current ownership has infused $1.5M into the property for both exterior and interior renovations, priming the property for a value-add 2.0 program. Upon completion, new ownership can add stainless appliances, tile backsplash, and smart home features to further bridge the gap between the property and surrounding new product ($325+ rental headroom), cementing Nu Gastonia as the top middle market option in the submarket.
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Nu Gastonia
Offers Due:  Wednesday, November 13, 2024
82 Units
3129 Spring Valley Drive
Gastonia, NC  28052
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the +/- 98.80-acre Overlook at Asheville Development Opportunity located in Asheville, NC. The site is approved for 210 apartment units, 130 build-to-rent townhomes, and up to 176 duplex units, offering an exciting product mix that will be attractive to a wide range of renters and aspiring homeowners. Located on a scenic gently sloping mountainside on the outskirts of Asheville, the site has a distinct mountain feel while only being a 10-minute drive from downtown Asheville and all the fantastic dining and shopping opportunities within the city. The site is in an affluent pocket of suburban Asheville, with average household income set to exceed $100K within a 1-mile radius by 2027. The Overlook at Asheville Development Opportunity presents a rare opportunity to enter the thriving Asheville market with scale on a scenic mountainside.
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Under Contract
Overlook at Asheville Development Opportunity
98.8 Acres
Old Charlotte Highway
Asheville, NC  28803
Posted: 1/4/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Peachtree Place, a 200-unit apartment community located in the capital city of Columbia, South Carolina. Known for its resilient economy, Columbia provides opportunities in government, healthcare, and education, making it an appealing environment for multifamily investments. Peachtree Place benefits from its strategic positioning near I-20 and I-26, ensuring residents easy access to downtown Columbia, major retail centers like the Harbison Corridor with over 3 million square feet of retail space, and grade A Lexington-Richland School District 5. The area features strong demographics with 65% of residents pursuing higher education and a 64% white-collar workforce. Built in 1972, Peachtree Place offers an attractive opportunity for new ownership to complete the in-place, proven value-add program ($310+ avg. premiums), to bridge the gap to submarket competitors.
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Peachtree Place
200 Units
200 Berryhill Road
Columbia, SC  29210
Type:  Multifamily
Posted: 7/23/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 25-acre, Peters Tract development opportunity located in Aiken, South Carolina. Situated adjacent to Aiken Elementary School, Peters Tract is approved for a 275-unit apartment community giving developers the chance to contribute to a 59-acre PUD. The land is positioned near the redevelopment of Aiken Mall, which will transition to a live, shop, play district that will spur future development in the coming years as new residents flock to the area. The submarket is attracting a stronger demographic base more than ever, with average household income of $93.9K, 70% White Collar Workforce, and 46% of residents hold a bachelor’s degree or higher within a 3-mile radius. Rental rates have surged over the past 5 years, realizing a 27% uptick. Peters Tract is poised to reward developers on a continued path of growth as vacancies trend downward and rental rates surge during the massive migration to the Sunbelt region.
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Peters Tract Multifamily Development Site
24.78 Acres
Rinehart Way
Aiken, SC  29803
Type:  Land
Posted: 9/6/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±297.9-acre Reveille Master Planned Community located in Braselton, GA. Reveille will offer a blend of residential options, including townhomes, single-family homes of various lot sizes, and cottage homes. About ±90.5 acres of the site are envisioned for commercial uses, including grocers, home improvement stores, attractive fast-casual dining outparcels, medical office, self-storage, and more. The design of the community is influenced by New Urbanism principles, with an emphasis on walkable neighborhoods with green spaces and a live-work-play environment. Reveille is located just north of the renowned Chateau Elan, a luxury 3,500-acre resort featuring a world-class winery, golf courses, tennis courts, a spa, and multiple dining options. Hall County’s School District boasts high-performing K-12 public schools all within a 5-mile drive of Reveille. The highly trafficked I-85 North Corridor has seen an explosion in industrial development, attracting notable companies and employers to the region. The Reveille Master Planned Community presents an enthralling placemaking development opportunity 45 miles northeast of Atlanta.
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Reveille Master Planned Community
297.9 Acres
5601 Old Winder Hwy
Braselton, GA  30517
Type:  Land
Posted: 5/13/2024