Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Bee Creek, a 224-unit multifamily community located in Branson, Missouri.
Martin Bynum of Cushman & Wakefield represented the seller, Bee Creek Partners LLC, in the transaction. The property was acquired by Oakwood Capital.
“Bee Creek is a top-of-market asset in a great pocket of Branson, which brings significant employment and tourism to the area,” said Bynum. “The buyers are excited that they’ve acquired a well-maintained asset poised for continued growth alongside the burgeoning local economy.”
Built in 2010, Bee Creek benefits from easy access to the heavily trafficked Branson metro area, which attracts more than 9 million tourists annually, as well as surrounding employments centers. The community also features desirable amenities, including a 4,000-square-foot clubhouse, saltwater swimming pool with fountains and waterfalls, indoor private movie theatre, 24-hour fitness center, basketball court and playground.
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group ranks No. 1 in Sunbelt market share based on over 250 transactions and $6.2 billion in multifamily and land investment sales in 2020 (Source: Real Capital Analytics). Market share reflects number of sales for Alabama, Arkansas, Northwest Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas.