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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Dylan, a 152-unit apartment community located in Murfreesboro, Rutherford County, Tennessee. This asset is situated in the premier Murfreesboro suburb just 35 miles southeast of downtown Nashville on Interstate 24, a 10-minute drive to Middle Tennessee State University, and moments from the areas top employers, including Rutherford County Government (7,000 jobs), Nissan North America (7,000 jobs), and Amazon (2,000 jobs). Built in 1985, The Dylan represents a highly capitalized property that has seen $2.7M+ in capital expenditures by the current owner. This strong performing asset offers an outstanding value-add opportunity by continuing the current program and adding higher-end interior upgrades. With current income to rent ratio at the property of 4.00x ($63k mean income) – these tenants qualify for rents $400+ above the current leased average, which provides additional rental upside for the next owner.
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The Dylan
152 Units
1620 Battleground Drive
Murfreesboro, TN  37129
Type:  Multifamily
Closed: 6/25/2024
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 the 168-unit Overlook at Indian Trail apartment community located in Kingsport, Sullivan County, Tennessee. This asset is situated in the rapidly-expanding, tri-cities market of Tennessee. Built in 2017/2023, Overlook at Indian Trail offers an outstanding opportunity to invest in a recently built asset within an undersupplied market, with less than 1,000 units delivered to the area since 2010. This asset has the ability to garner $175+ premiums through a value-add program and burning off loss-to-lease. 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.
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Overlook at Indian Trail
168 Units
805 Indian Trail Drive
Kingsport, TN  37660
Closed: 4/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Views at West Town, a 194-unit apartment community located in Knoxville, Knox County, Tennessee. Views at West Town is situated in a highly accessible location just north of Interstate 40, in a sophisticated West Knoxville submarket. Built in 1981 and renovated in 2023, Views at West Town offers an outstanding value-add opportunity achieving $225+ rent premiums. Residents of Views at West Town have direct access to major area employers (U.S. Department of Energy at Oak Ridge, Denso Manufacturing, and the Pilot Company) and many big box retailers including Sam's, Walmart, Target, Trader Joe's and the West Town Mall (Dick's, Chick-fil-A, H&M).
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Views at West Town
194 Units
500 Manor View Drive
Knoxville, TN  37923
Type:  Multifamily
Closed: 2/5/2024
The Sunbelt Multifamily Advisory Group of Cushman & Wakefield and Greystone is pleased to present the exclusive listing of the 80-unit Griffin Gate apartment community located 15 miles north of Clarksville, TN city limits in Hopkinsville, KY. This one-of-a-kind asset is strategically located 15 minutes from Fort Campbell, which provides over 58K jobs for the area. The property boasts top-of-the-market features and unique amenities, including an on-site walking trail and a brand new dog park. Over the past year, rental income at the property has increased over 25%. With the heavy lifting complete, a new investor can create additional upside by completing an interior value-add. Built in 2011, Griffin Gate represents an outstanding opportunity to invest in a high-quality product with strong financial trends and highly sought-after assumable debt in a limited supply submarket.
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Griffin Gate
80 Units
300 Griffin Gate Drive
Hopkinsville, KY  42240
Type:  Multifamily
Closed: 6/30/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of the 353-unit The Ridge at Hamilton Crossing apartments in Maryville, TN, submarket of the Knoxville MSA. Located adjacent to one of Maryville’s largest retail districts, Hamilton Crossing, The Ridge at Hamilton Crossing’s central location offers unmatched access to both premier retail and local jobs. As the submarket’s newest and only true Class A asset, The Ridge at Hamilton Crossing is poised to benefit from Knoxville’s largest recent employment announcements, its highly underserved and appealing submarket fundamentals, and an opportunity to acquire one of the newest stabilized assets in the area.
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The Ridge at Hamilton Crossing
353 Units
100 Hamilton Drive
Maryville, TN  37801
Type:  Multifamily
Closed: 3/31/2021
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 282-unit Accent Cumberland development located in the MetroCenter submarket of Nashville, Tennessee. The site is situated minutes from Downtown and is ideally positioned between Nashville’s fastest growing neighborhoods. MetroCenter is one of Nashville’s strongest office submarkets, featuring over 3M SF of office space, and is recognized for its urban infill setting surrounded by high-growth areas, an expanding amenity base, and connectivity to all of the city’s major hubs. Accent Cumberland will benefit tremendously upon the submarket’s urbanizing trajectory and growth.
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Accent Glassworks (U/C)
282 Units
521 Great Circle Road
Nashville, TN  37228
Type:  Multifamily
Closed: 8/28/2020
The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of the 283-unit Bluebird Row apartments in Hamilton County, Chattanooga, Tennessee. Completed in 2019, Bluebird Row features an unrivaled amenity package and superior unit finishes and is the only true Class AA property in the market. Residents enjoy excellent walkability, an urban lifestyle, and immediate access to over 85k jobs in Chattanooga’s rapidly expanding downtown. Additionally, the property is conveniently located just 0.6 miles from I-24 which provides residents with quick access to Volkswagen and Amazon. Catering to Chattanooga’s most sophisticated tenant base and leasing an average of about 25 units per month, Bluebird Row sets the stage for above-market rental growth.
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Bluebird Row
283 Units
1348 Passenger Street
Chattanooga, TN  37408
Closed: 3/4/2020