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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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Ardmore at Bryton
288 Units
13035 Ardmore Forest Rd
Huntersville, NC  28078
Closed: 11/15/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 146-unit Vivo Port Royal apartment community located in rapidly growing Port Royal, SC. Bounded by the resilient industries of medical, military, and tourism, Vivo Port Royal sits less than two miles from Beaufort’s two major hospitals, the Naval Hospital Beaufort (1.5k+ jobs) and Beaufort Memorial Hospital (1.3k+ jobs). Residents at Vivo Port Royal are set to benefit from the fruitful surrounding demographics with avg. household incomes to increase 11% and eclipse $100k by 2027, a dominant white-collar workforce (62%), and a dwindling multifamily pipeline. Built in 1986 and renovated in 2022, Vivo Port Royal arrives to the market with a recent capital infusion of over $6M, including both interior and exterior renovations. Through the implementation of a Value-Add 2.0 enhancement, new ownership has the opportunity to further improve unit interiors to be able to push rents ~$215 and help bridge the rent delta to submarket competitors.
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Vivo Port Royal
146 Units
1660 Ribaut Road
Port Royal, SC  29935
Closed: 10/9/2024
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 19.98-acre Crosspointe Multifamily Development Site in Columbia, SC. The site allows for the by-right development of 336 proposed apartment units within the 400-acre mixed-use Killian’s Crossing development. Permits are ready to be pulled for this shovel-ready multifamily site, and there is even 50% property tax abatement for up to ten years and $7.5M through a coveted public infrastructure agreement. Future residents will enjoy Crosspointe’s walkability to Kroger Marketplace as well as many other fast-casual and nationally recognized dining options. The area’s excellent K-12 public schools can all be reached within about a 4-mile drive. Located just off I-77, the site has convenient access to all the area’s employment hubs, including the future site of Scout Motors’ $2B manufacturing plant, which will employ 4,000. The Killian multifamily submarket of Columbia is well served by favorable demographics and rent trends, while greater Columbia is experiencing a diversified economic boom. The Crosspointe Multifamily Development Site presents an enticing, shovel-ready opportunity to break into a State Capital market on the rise.
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Crosspointe Multifamily Development Site
19.98 Acres
Killian Road
Columbia, SC  29203
Type:  Land
Closed: 8/7/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Park Ridge, a 122-unit Build-to-Rent townhome community in Myrtle Beach, SC on a forward sale transaction. The property is strategically located in the nation’s fastest growing city, boasting 32% population growth since 2011. Situated in the market’s primary recreation node, Park Ridge offers unbeatable access to the area’s top retail and entertainment, including the 162-acre North Myrtle Beach Sports Complex and the east coast’s largest wake park next-door. Myrtle Beach’s rapidly expanding millennial and boomer demographic bases highlight the submarket’s unique ability to support unprecedented growth within the Build-to-Rent space, as skyrocketing home-ownership costs and limited supply continue to price prospective home-buyers out of the market. Delivering in 2023, the Class-A community will feature best-in-class finishes and amenities, appealing to the area’s established tenant base who desire the conveniences of single-family living without the burdens and increasing financing costs of ownership. Market comparables and submarket projections outline the property’s vast rent potential (almost $2,400 at first CO), and highlight incoming ownership’s opportunity to acquire a differentiated, high-quality asset at an extremely attractive basis.
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Park Ridge
12 Units
Champions Blvd
Myrtle Beach, SC  29577
Closed: 7/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the W Flats apartments, a 247-unit apartment community located in Charlotte, NC. The asset is conveniently situated a short 10-20 minute drive to Charlotte’s most prominent employers and amenities, with upcoming access to the proposed LYNX Silver Line light rail, The Pearl Medical Center, and the Eastland Mall redevelopment site. Built in 1986, W Flats represents an outstanding opportunity to invest in the rapidly transforming East Charlotte submarket with a highly desirable demographic pool of sizeable average household incomes, educated residents, and continuous market rent growth. With all 247 units previously renovated and nearly $2.7 million invested since 2015, the property possesses potential additional growth opportunities to close the gap between comparable properties in the submarket, supported by a $345+ rent headroom.
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W Flats
247 Units
7200 Wallace Road
Charlotte, NC  28212
Type:  Multifamily
Closed: 6/28/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Colonial Village, a 314-unit apartment community located in the growing Charlotte submarket of Lincoln County. Located in the heart of Lincolnton, residents enjoy easy access to big box retailers, an excess of dining options, and employers surrounding the area. Constructed in 1985, Colonial Village offers an outstanding opportunity to invest in the high barrier to entry Lincoln County submarket where home values have continued to rise and price residents out of home ownership. With only one renovated unit, Colonial Village offers substantial upside potential through the completion of a market driven interior upgrade program, offering new ownership the opportunity to capture $190+ rental premiums.
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Colonial Village
314 Units
112 Colonial Village Drive
Lincolnton, NC  28092
Type:  Multifamily
Closed: 6/27/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit South Pointe at Wayside apartment community located in Raeford, North Carolina. Built in 2023, this newly constructed asset grants residents access to top-of-the-market amenities and Class A finishes designed to cater to the predominant white-collar workforce in the area (60%). Ideally located with direct access to Fort Liberty’s 67,000+ job opportunities and additional 9,000+ jobs within the premier Healthcare Corridor, the property is strategically positioned near the region’s top employers and retail options. South Pointe at Wayside offers new ownership the chance to invest in a high-performing asset that has showcased an impressive lease-up performance, averaging 17 move-ins per month from March to January. Surrounded by a limited supply pipeline coupled with an anticipated 6,000 new residents by 2027 and proven rent growth of 25.4% since 2021, new investors have an extraordinary opportunity to capitalize on the property’s future growth as it enters its second generation of leasing.
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South Pointe at Wayside
192 Units
1002 South Pointe Drive
Raeford, NC  28376
Type:  Multifamily
Closed: 6/21/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 64-unit Millbrook Apartments community located in Greensboro, NC. This asset is situated in South Greensboro submarket just off of the amenity rich Wendover Avenue, a major retail corridor in Greensboro which contains numerous big box brands within a five-minute drive of the property. The property is also within close proximity to the recently completed 840 urban loop which traverses the entire Greensboro MSA and provides direct access to some of the area’s top employers. Built in 1993, Millbrook offers an outstanding opportunity to invest in a quality asset with high growth potential through both organic rent growth and value-add potential. Through an interior value-add program supported by nearby comparables, incoming investors can increase NOI by a staggering 44%+.
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Millbrook
64 Units
1101 East Barton Street
Greensboro, NC  27407
Type:  Multifamily
Closed: 5/10/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Grove at St. Andrews and Greenwood at Ashley River, two apartment communities totaling 902 units, which can be acquired together or individually. The two assets are situated in two of South Carolina’s most admired cities, Columbia and Charleston. The highly sought-after Dutch Fork and North Charleston submarkets are characterized by top-tier retail and sit in close proximity to some of the area’s largest economic drivers with over 115k jobs within a 20-minute drive from each property. The immediate areas surrounding the properties boast high HHI growth, majority white-collar populations, and impressive rent growth, representing the ideal time to own in these thriving pockets.

The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in high growth Southeastern markets through well capitalized assets ($5.3M+). Built from 1974-1984, the properties arrive to market with attractive loan assumptions offering interest rates well below current capital market levels and are primed for a Class-A value-add campaign where new ownership can benefit from the tremendous upside of the portfolio advantage, push rents $170+, and yield additional revenue for years to come.

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The Grove at St. Andrews & Greenwood at Ashley River (2 properties, 902 units)
Greenwood at Ashley River
280 Units
6520 Dorchester Road
North Charleston, SC  29418
Type:  Multifamily
Closed: 4/30/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 20.42-acre Parkside Multifamily Development Site in Port Wentworth, GA. Zoned and entitled by-right for multifamily, current plans call for 235 multifamily apartment units to be built on the site. Building permits are already in hand for the site, which will be just down the road from Port Wentworth’s new $30 million, 150-acre Recreation Park. The site is less than 2.5 miles from a Publix. It is also notably 4 miles from Georgia Tech Savannah and 7.5 miles from the Savannah/Hilton Head International Airport. Port Wentworth, nicknamed Savannah’s Front Porch, has witnessed an explosion in population, more than doubling in size between the last two US Censuses. The city has benefited from Savannah’s port and industrial expansion and boasts a strong job market. Chatham County’s Class A multifamily market has surged, and average rents are expected to exceed $2,000 in 2023. The Parkside Multifamily Development Site presents an enticing, shovel-ready opportunity to break into a booming multifamily market with scale.
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Parkside Development Highway 30 Land
20.42 Acres
436 Highway 30
Port Wentworth, GA  31407
Type:  Land
Closed: 4/5/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 6.68-acre, The Grove at Orange Beach development opportunity located in Orange Beach, Alabama. This asset is situated in a PUD zoning district within the fastest growing county in Alabama, offering developers a favorable density of 42 units per acre. A highly sought-after school system paired with an upward trending demographic base is steadily increasing the demand for Class A product, as rent levels have increased 33% over the past 5 years and expect to average another 8% increase each year over the next two years. This site offers deeded beach access, providing a competitive advantage over future multifamily projects. The Grove at Orange Beach offers the future developer the opportunity to build the first high-end, large-scale apartment community along Perdido Beach Boulevard and the site is poised to reward developers as vacancies trend downward and rent growth surges during the massive migration to coastal cities.
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The Grove at Orange Beach
6.68 Acres
3001 Loop Road
Orange Beach, AL  36561
Type:  Land
Closed: 3/15/2024

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Giddy Hall, a 171-unit apartment community located in Charlotte, NC. Built in 2023, the property is strategically located in the flourishing pocket of Steele Creek, a submarket characterized by rapid population growth and skyrocketing home values. The Class-A community features best-in-class finishes and top amenities tailored to appeal to area’s burgeoning high-end renter class ($94k Avg. HHI).

Situated in the heart of Steele Creek’s retail corridor, Giddy Hall offers a plethora of dining and entertainment options within minutes including Topgolf, Target, Harris Teeter, Publix and more, as well as direct access to the city’s top employment hubs via nearby I-485. The property has demonstrated impressive lease-up performance, consistently pushing rental rates while offering little to no concessions. Market comparables offer more than $200 in headroom, highlighting Giddy Hall as an exceptional opportunity to invest in a high-quality asset offering substantial organic rent growth potential through a mark-to-market leasing strategy.

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Giddy Hall
171 Units
10833 Steele Creek Road
Charlotte, NC  28273
Type:  Multifamily
Closed: 12/28/2023