Past Sales

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Magnolia Preserve, a best-in-class, 173-unit apartment community in Dothan, AL. Located in the most affluent neighborhood of Dothan ($84K Avg. HHI within one mile), and in a submarket with constrained Class A supply, the next investor of this asset is positioned for sustained rental demand from a high-quality renter pool seeking Class A-style living. Magnolia Preserve represents the premier luxury community in Dothan, located at the heart of the city’s primary retail corridor (3M+ SF total retail). Boasting large unit sizes and thoughtfully curated amenities, this asset represents a quality physical plant and is offered at a compelling basis below replacement cost.

Magnolia Preserve arrives to market 97% physically occupied with outstanding historical occupancy, rental, and overall collections trends. The next investor will acquire a cash-flowing asset on day one of ownership with additional runway to grow NOI by $81K+ via rounding out the in-place renovations on the remaining 41 classic units (23% ROI).

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Perimeter Gardens at Georgetown, a prominent 245-unit multifamily community located in Atlanta’s dynamic Central Perimeter. This institutionally owned, core-plus asset in the Dunwoody submarket exemplifies truly quality construction and meticulous upkeep, providing both stability and value enhancement potential. Significant unit renovation opportunity available with demonstrated rental headroom offering clear upside. The property benefits from strong renewal trends driven by long-term residents living at the property for ~4 years on average. This reflects a stable, satisfied resident base anchored by the area’s affluent demographics boasting an average household income of $129K within a 3-mile radius.

Direct access to Fortune 500 employment and leading medical institutions further bolsters sustained demand, given Central Perimeter’s recent leasing momentum and job growth from major corporations and healthcare expansions. Ideally situated within walking distance to the submarket’s premier retail, dining, and lifestyle amenities—amidst a landscape increasingly defined by mixed-use redevelopment and vibrant placemaking—the community is also surrounded by high-quality single-family neighborhoods, cultivating a desirable suburban sense of place while maintaining strong connectivity.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 150 Summit, a 640-unit, 1994/1997-built apartment community located in the premier Hwy 280 corridor of the Birmingham MSA. 150 Summit is situated at the suburban epicenter of Birmingham, a sought-after location near The Summit, US-280, and the state’s top ranked suburbs. The Summit serves as Birmingham’s premier retail destination with over 1 million square feet of upscale shops and dining, and this location offers market-best connectivity to Downtown, Hoover, and US-280.

Additionally, the community’s adjacent submarkets of Cahaba Heights and Vestavia Hills have seen impressive growth, with 33%+ rent growth over the last 5 years. Further driving demand is the high barriers to entry due to local government’s restrictions on multifamily. With $5M+ in renovations in the past decade, including new roofs in 2018, 150 Summit is primed for long-term value and sustained performance.

The property is well-maintained and owned by the original developer. 29 of the 150 units are fully renovated with kitchens and bathrooms allowing future ownership to continue in-unit renovations and expand the rent growth potential as the units turn.

Lamplighter Village is ideally located close to McCarrons Park and just minutes away from Como Park with a wide variety of restaurants in walking distance. In addition, the property is close to the Mississippi River, major freeways, public transportation, and both St. Paul and Minneapolis’ Central Business Districts.

Lamplighter Village represents a prime opportunity to acquire a well-maintained asset with strong historical occupancy, using attractive debt options and the potential to significantly reduce property taxes through the St. Paul 4D Program.

Newly completed in 2021, the Eastview Apartments is a well-appointed multifamily property featuring spacious (over 1,500 SF) three-bedroom, two-bathroom units with separate utilities. All units include LVP flooring, stainless steel appliance packages, and quartz countertops.

The property is located just off I-94 and is an 8-minute drive to downtown St. Paul offering convenient access to major employment centers. The property is also ideally situated near the eastern suburbs of Maplewood, Oakdale, and Woodbury with easy access to 3M headquarters, a multitude of shopping opportunities, and the rest of the Twin Cities. The Eastview Apartments is also within walking distance of the bus line.

The Eastview Apartments represents a prime opportunity to acquire a newly constructed, highly sought after, stabilized property at a significant discount to replacement cost.

The Eastview Apartments can be purchased together with Red Mill Apartments or separately.