Property Listings

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 248-unit Creek27 Single Family Rental community located in San Angelo, Tom Green County, Texas. This best-in-class asset is situated in southwest San Angelo, minutes from major employment centers, San Angelo’s premier retail corridor, and an array of outdoor and cultural amenities. Completed in 2023, Creek27 represents an outstanding opportunity to acquire a newly-built, single family rental asset in a market that is poised for extended growth as its diverse economy continues to attract talent and investment.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 300-unit, Estates at Palm Bay apartment community located in Fort Walton Beach, Florida. The Florida Panhandle boasts a stable military backbone, with Eglin Air Force Base and Hurlburt Field (30,000+ jobs total) within 15 minutes of Estates at Palm Bay. The community boasts high visibility and access off Martin Luther King Jr Blvd (29K+ VPD), a major arterial corridor in Fort Walton Beach that connects with some of the area’s top employers. Built in 1992, Estates at Palm Bay offers the investor an asset with massive floorplans, home-like amenities, and strong property performance. The property currently operates under a ground lease set to expire in 2066 that has high renewal potential.

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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 54-unit Hawthorne Heights BTR community located in Bentonville, AR. Hawthorne Heights is attractively situated north of Downtown Bentonville and is just a short distance from Crystal Bridges, Bentonville High School and well-known local hiking/mountain biking trails. Bentonville rests at the head of the booming NW Arkansas MSA, which is home to 3 Fortune 500 Companies – Walmart, JB Hunt and Tyson Foods. Walmart’s headquarters sits just 3-miles Southwest of the asset, supplying 14,000+ corporate jobs and is the World’s largest retailer.

Hawthorne Heights offers a unique asset to a population currently underserved in the growing NW Arkansas market. With final units being delivered soon, Hawthorne Heights offers a premiere opportunity to invest in a well-located asset with the ability to achieve above market returns.

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 exclusive listing of Oak Tree, a 55-unit, 2023-built build-to-rent community located in the high-growth Chelsea suburb of Birmingham, AL. This asset is well-positioned in the rapidly expanding city of Chelsea, which was recently recognized as the 3rd fastest growing city in Alabama, as well as the fastest growing city within the Birmingham MSA. The Birmingham MSA has shown tremendous performance in the SFR/BTR space, boasting 7.6% rental growth so far in 2023, ranking fourth in the entire country amongst all major metro areas. Built in 2023, Oak Tree is fully delivered and offers a top-of-the-line quality product built by the nation’s largest home builder, poised in a high growth suburban corridor less than a 30-minute drive from the Birmingham central business district (35K+ Jobs).

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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the listing of the 58-unit Wolfsbridge at Leawood. A top-tier, Class A Build-to-Rent community currently under development in Arkansas’s state capital and largest MSA, Little Rock. This asset is uniquely positioned within a 5-mile radius of the state’s premier healthcare providers, creating a unique competitive advantage to all other BTR assets in Central AR. The Little Rock Class A BTR space is at a necessity, giving a potential new investor the rare opportunity to offer a luxury asset to the market’s most underserved tenant base. Currently under construction, Wolfsbridge at Leawood is estimated to be fully delivered by early summer 2024.