Greensboro Office

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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The One at Fayetteville, a premier 264-unit multifamily asset located in Fayetteville, NC. Built in 2024, this Class-A community grants residents access to top-of-market amenities and finishes among comparable product in the area. Ideally located alongside the All-American Highway, residents gain immediate access to Fayetteville’s top retail and entertainment options with a convenient commute to Fort Liberty’s 16,000+ job opportunities and an additional 9,000+ jobs within the premier Healthcare Corridor.

The One at Fayetteville offers new ownership the chance to invest in a high-performing asset that has showcased an impressive lease-up performance, averaging 30 move-ins per month from December to July. Surrounded by a limited supply pipeline coupled with impressive population growth of 38% in the last 5 years, new investors have an extraordinary opportunity to capitalize on the property’s future growth as it reaches stabilization in August and enters its second generation of leasing.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Palms at Edgewater, a premier 288-unit multifamily asset located in Summerville, SC. Built in 2023, this Class-A community is strategically positioned in one of Charleston’s most desirable, high-growth submarkets, providing residents a wealth of lifestyle offerings and access to the area’s largest employment nodes. The surrounding area features exceptional long-term fundamentals, including affluent demographics ($105k avg. HHI), a dwindling supply pipeline with top absorption projections in the Charleston MSA, and significant barriers to entry.

With an average of 27 move-ins since January, The Palms at Edgewater presents new ownership a distinctive opportunity to invest in a high-performing asset, characterized by positive operational momentum and impressive leasing trends. Boasting outsized floorplans, the property trails top submarket competitors by nearly $150, ideally positioning the property to secure significant rental gains as it reaches stabilization and enters its second generation of leasing.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Summit on 401, a 291-unit apartment community located in Fayetteville, NC. This asset is situated nearby the regions largest economic drivers, including Fort Liberty, the largest military base in the world.

Built in 2012, The Summit on 401 offers an outstanding opportunity to invest in a market with strong multifamily trends and high demand, supported by a 55% white collar population and 56% renter-occupied housing. Located just minutes from a plethora of retail, including the 1M+ SF Cross Creek Mall, one of the largest malls in North Carolina, and the Skibo Road retail corridor, The Summit on 401 is in one of the most highly sought-after pockets of Fayetteville. The property is one of the most amenitized assets in Fayetteville and has an in-place value-add program where renovated units are achieving $100+ premiums over classic 1-bedroom units and $150 for 2-and-3-bedroom units. By completing the value-add initiative, incoming investors can increase annual NOI by a staggering 36%+.