Rogers, AR Office

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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Brookside Commons, a 210-unit, 2022-2023 built apartment community located in booming Kansas City, MO. The asset is ideally situated less than 8 minutes from Country Club Plaza in the heart of Kansas City, MO, providing tenants with exceptional access to upscale retail centers, major employers, and desirable community amenities. Strategically positioned in the hub of the infill Brookside Medical Corridor, Brookside Commons enjoys the advantages of a low-density multifamily area, with only one other Class A property within a 1-mile radius. Henceforth, arriving to market on the tailwinds of a successful lease-up, the forthcoming investor stands to gain from substantial organic growth on second-generation leases, as the property has realized an average 0% Loss-to-Lease on the last 50 move-ins.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Encore, a 322-unit, 2023-built apartment community located in the burgeoning suburb of Kansas City, Belton, MO, which has seen 6.5% population growth over the past three (3) years. Strategically located less than 1/2 mile from Interstate 49, Encore offers residents premier access to local jobs and amenities, situated less than 25 minutes from Downtown Kansas City (120K+ jobs). With top-tier finishes and a community-driven, sophisticated amenity package that rivals any asset in the MSA, Encore is seen as one of the premier properties in all of Kansas City. The forthcoming investor is also set to benefit from Belton’s expansive growth, evident in the asset’s leasing trends, as the last two (2) leases signed per floorplan are achieving an average 5.7%+ increase over in-place effective rents. Encore represents the rare opportunity to acquire a top-tier multifamily asset with explosive, organic upside.

Encore is under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2041.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 62-unit Hearthstone Homes OKC duplex community located in Oklahoma City, OK. This asset is strategically located in the South Oklahoma City submarket, where comparable properties are seeing market-leading occupancy numbers (96%). Hearthstone Homes OKC is also highlighted by a proven Value Add campaign, as recent move-ins are achieving ~$150 premiums over classic units. Built in 1984, Hearthstone Homes OKC offers an outstanding opportunity to invest in a proven value add duplex asset in a unique infill location.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 258-unit Residences at the Overlook apartment community in Little Rock, Arkansas. This asset is situated in the premier West Little Rock submarket, highlighted by 4%+ YoY rent growth and market-leading renter profiles. Riding on the tailwinds of a major repositioning, the next investor has the rare opportunity to capitalize on in-place momentum with ample organic rent growth potential. Built in 1984, Residences at the Overlook offers immense upside in the heart of Central Arkansas’ leading submarket.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Sovereign at Overland Park, a 250-unit, 2013-built apartment community located in resilient Overland Park, KS. Situated in the flourishing Johnson County submarket, which has 3.9% YoY rent growth, The Sovereign is strategically positioned adjacent to noteworthy outdoor recreation facilities, renowned local schools, and prime retail centers. Arriving to market on the tailwinds of strong financial performance, the asset provides the next investor with the rare opportunity to capitalize on in-place momentum with additional value add upside.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±5.13-acre Yukon Multifamily Development Site located in Yukon, OK (OKC metro). The site is entitled by way of zoning for 129 multifamily units. A thoughtfully designed 3-story surface parked apartment project is planned for the site which is adjacent to the quaint Somers Pointe neighborhood.