a market conditions and project evaluation summary of - Georgia ...

Auburn Glenn, continued
Unit Mix (face rent)
Beds Baths Type Units Size (SF) Rent Concession Restriction Waiting Vacant Vacancy Max Rent? Range
(monthly)
List
Rate
1 1 Midrise
(4 stories)
42 696 $675 $0 @60% 400 HH 1 2.4% yes None
1 1 Midrise 56 696 N/A $0 @60% 400 HH 0 0.0% N/A None
(4 stories)
(Project
Based Rental
Assistance -
PBRA)
1 1 Midrise
(4 stories)
2 2 Midrise
(4 stories)
2 2 Midrise
(4 stories)
2 2 Midrise
(4 stories)
3 2 Midrise
(4 stories)
3 2 Midrise
(4 stories)
3 2 Midrise
(4 stories)
Unit Mix
@60% Face Rent Conc. Concd. Rent Util. Adj. Rent
1BR / 1BA $675 $0 $675 $0 $675
2BR / 2BA $773 $0 $773 $0 $773
3BR / 2BA $852 $0 $852 $0 $852
Amenities
In-Unit
Balcony/Patio Blinds
Carpeting Central A/C
Coat Closet Dishwasher
Ceiling Fan Garbage Disposal
Oven Refrigerator
Walk-In Closet Washer/Dryer hookup
Property
Clubhouse/Meeting Elevators
Exercise Facility Garage
Central Laundry Off-Street Parking
On-Site Management Playground
Swimming Pool
Comments
None
25 696 $799 $0 Market No 1 4.0% N/A None
59 1,044 $773 $0 @60% 400 HH 3 5.1% yes None
48 1,044 N/A $0 @60%
(Project
Based Rental
Assistance -
PBRA)
400 HH 0 0.0% N/A None
27 1,044 $999 $0 Market No 1 3.7% N/A None
2 1,218 $852 $0 @60% 400 HH 0 0.0% yes None
4 1,218 N/A $0 @60%
(Project
Based Rental
Assistance -
PBRA)
400 HH 0 0.0% N/A None
8 1,218 $1,150 $0 Market No 4 50.0% N/A None
Market Face Rent Conc. Concd. Rent Util. Adj. Rent
1BR / 1BA $799 $0 $799 $0 $799
2BR / 2BA $999 $0 $999 $0 $999
3BR / 2BA $1,150 $0 $1,150 $0 $1,150
Security
In-Unit Alarm
Limited Access
Perimeter Fencing
Video Surveillance
Premium
None
© Novogradac & Company LLP 2008 - All Rights Reserved.
Services
None
Other
None