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 5/07/2012<br />
Location 105 Sycamore Place<br />
Decatur, GA 30030<br />
Dekalb County<br />
Distance 0.9 miles<br />
Units 98<br />
Vacant Units<br />
Vacancy Rate<br />
0<br />
0.0%<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 />
1926 / 2000<br />
N/A<br />
N/A<br />
PROPERTY PROFILE REPORT<br />
N/A<br />
Grayson Apartments, Jackson Square, Paces Park<br />
Young pr<strong>of</strong>essionals<br />
Wendy<br />
404-377-5251<br />
Market<br />
40%<br />
N/Av<br />
0%<br />
Pre-leased<br />
Increase <strong>of</strong> 3-8%<br />
None<br />
Ice House L<strong>of</strong>ts<br />
Market Information Utilities<br />
Unit Mix (face rent)<br />
A/C<br />
Cooking<br />
Water Heat<br />
Heat<br />
Other Electric<br />
Water<br />
Sewer<br />
Trash Collection<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<br />
Beds Baths Type Units Size (SF) Rent Concession Restriction Waiting Vacant Vacancy Max Rent? Range<br />
(monthly)<br />
List<br />
Rate<br />
0 1 Midrise<br />
(4 stories)<br />
38 600 $865 $0 Market No 0 0.0% N/A None<br />
0 1 Midrise<br />
(4 stories)<br />
38 938 $1,025 $0 Market No 0 0.0% N/A None<br />
1 1 Midrise<br />
(4 stories)<br />
6 860 $925 $0 Market No 0 0.0% N/A None<br />
1 1 Midrise<br />
(4 stories)<br />
6 1,100 $1,295 $0 Market No 0 0.0% N/A None<br />
2 2 Midrise<br />
(4 stories)<br />
5 1,165 $1,325 $0 Market Yes, 26 0 0.0% N/A None<br />
2 2 Midrise<br />
(4 stories)<br />
5 1,715 $1,595 $0 Market Yes, 26 0 0.0% N/A None<br />
Unit Mix<br />
Market Face Rent Conc. Concd. Rent Util. Adj. Rent<br />
Studio / 1BA $865 - $1,025 $0 $865 - $1,025 $0 $865 - $1,025<br />
1BR / 1BA $925 - $1,295 $0 $925 - $1,295 $0 $925 - $1,295<br />
2BR / 2BA $1,325 - $1,595 $0 $1,325 - $1,595 $0 $1,325 - $1,595<br />
© Novogradac & Company LLP 2008 - All Rights Reserved.
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