a market conditions and project evaluation summary of - Georgia ...
a market conditions and project evaluation summary of - Georgia ...
a market conditions and project evaluation summary of - Georgia ...
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Effective Rent Date 4/19/2012<br />
Location 49 Boulevard Avenue SE<br />
Atlanta, GA 30035<br />
Fulton County<br />
Distance 5 miles<br />
Units 271<br />
Vacant Units<br />
Vacancy Rate<br />
10<br />
3.7%<br />
Type Midrise (4 stories)<br />
Year Built/Renovated<br />
Marketing Began<br />
Leasing Began<br />
Last Unit Leased<br />
Major Competitors<br />
Tenant Characteristics<br />
Contact Name<br />
Phone<br />
Program<br />
Annual Turnover Rate<br />
Units/Month Absorbed<br />
HCV Tenants<br />
Leasing Pace<br />
Annual Chg. in Rent<br />
Concession<br />
2004 / N/A<br />
3/01/2004<br />
7/01/2004<br />
PROPERTY PROFILE REPORT<br />
3/09/2005<br />
Cityview, Cotton Mill L<strong>of</strong>ts, Capitol Gateway<br />
Family composition is mixed, average household<br />
size is 2, the average age is 31, <strong>and</strong> average<br />
income is $28k.<br />
Turea<br />
(404) 584-1300<br />
@60%, @60% (Project Based Rental<br />
40%<br />
23<br />
21%<br />
2 weeks<br />
Increase <strong>of</strong> 4-5% on LIHTC<br />
Reduced rents on <strong>market</strong> units<br />
Auburn Glenn<br />
Market Information Utilities<br />
A/C<br />
Cooking<br />
Water Heat<br />
Heat<br />
Other Electric<br />
Water<br />
Sewer<br />
Trash Collection<br />
© Novogradac & Company LLP 2008 - All Rights Reserved.<br />
not included -- central<br />
not included -- electric<br />
not included -- electric<br />
not included -- electric<br />
not included<br />
not included<br />
not included<br />
included
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