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MAP CODE 54 55 56 57 58 59 PROJECT NAME ALBANY HEIGHTS WOODPINE WAY SUNCHASE ALBANY SPRINGS LOCKETT STATION RIVERCREST NOTE: STREET RENT COMPARISON ALBANY, GEORGIA SITE EFFECTIVE MARKET AREA STUDIO MAY 2002 ONE BEDROOM TWO BEDROOM $397 $458 THREE BEDROOM $307 - $382 $359 - $448 $405 - $505 $355 $433 $381 $518 $375 $430 - $450 Rents listed are those quoted to our field analyst for new leases. Residents on older leases or renting monthto-month may be paying more or less, depending on changes in quoted rent. Rent specials and concessions are noted in the project information section <strong>of</strong> this field survey. SUB. = GOVERNMENT SUBSIDIZED V-20 $525 FOUR+ BEDROOM
COMPARABILITY INDEX MODERN APARTMENT DEVELOPMENT ALBANY, GEORGIA SITE EFFECTIVE MARKET AREA MAY 2002 COMPARABILITY FACTOR MAP CODE PROJECT UNIT PROJECT AESTHETIC TOTAL 1 TOWERING PINES 8.5 0.0 6.5 15.0 2 MILLER 9.0 3.5 6.5 19.0 3 NOTTINGHAM NORTH 8.0 5.5 6.5 20.0 4 THE VILLAGE 9.0 5.5 7.0 21.5 5 NOTTINGHAM 7.0 4.5 6.5 18.0 6 HUNTINGDON 8.5 5.5 6.5 20.5 7 THE WILLOWS 9.0 2.5 6.0 17.5 8 WESTWIND 8.0 6.5 6.5 21.0 9 KINGSTOWN 8.0 7.0 8.5 23.5 10 CREEKWOOD 8.5 6.5 8.0 23.0 11 THE SHOREHAM 9.0 6.0 8.5 23.5 12 COUNTRY PLACE 7.5 7.5 6.5 21.5 13 GREENBRIAR 9.0 6.5 7.0 22.5 V-21
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National Leaders in Real Estate Res
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TABLE OF CONTENTS I. INTRODUCTION..
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I. INTRODUCTION A. OBJECTIVES This
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II. SCOPE OF SURVEY A complete anal
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• Tenants will be responsible for
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APARTMENT MARKET AREA SUMMARY UNITS
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• The project amenities the propo
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IV. CONCLUSIONS A. INTRODUCTION Thi
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the Site EMA's established annual r
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West East Jackson Street is directl
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Population and Households The popul
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3. SITE EVALUATION Demand for the s
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Convenience to Entertainment The si
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e. Site Evaluation Conclusions Base
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SOUTH BORDER SITE SITE SOUTHWEST BO
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��
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Jefferson Jefferson Jefferson Jeffe
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��
Page 37 and 38: DISTRIBUTION OF POPULATION BY AGE A
Page 39 and 40: There were 39,656 total housing uni
Page 41 and 42: The following table summarizes empl
Page 43 and 44: 44,000 40,000 36,000 EMPLOYMENT AND
Page 45 and 46: ��
Page 47 and 48: The following table compares the cu
Page 49 and 50: Our demand analysis for the propose
Page 51 and 52: DEMAND BY TARGETED INCOME GROUP PER
Page 53 and 54: a. Market-Rate Following is a distr
Page 55 and 56: An evaluation of units renting at o
Page 57 and 58: A comparison of unit amenities at t
Page 59 and 60: TWO-BEDROOM COMPARISON TOTAL VACANT
Page 61 and 62: ecipient) is 1 to 2 per month. Howe
Page 63 and 64: 3. APARTMENT LOCATION MAP Maps desi
Page 65 and 66: 4. FEDERAL AND STATE-ASSISTED PROJE
Page 67 and 68: 6. PLANNED AND PROPOSED According t
Page 69 and 70: V. FIELD SURVEY OF MODERN APARTMENT
Page 71 and 72: YEAR OF PROJECT OPENING NUMBER OF P
Page 73 and 74: RENT AND VACANCY ANALYSIS TWO BEDRO
Page 75 and 76: MAP CODE PROJECT NAME 1 TOWERING PI
Page 77 and 78: MAP CODE PROJECT NAME 13 GREENBRIAR
Page 79 and 80: MAP CODE PROJECT NAME 25 REGENCY CL
Page 81 and 82: MAP CODE PROJECT NAME 37 THE OAKS 2
Page 83 and 84: MAP CODE PROJECT NAME 49 MC INTOSH
Page 85 and 86: MAP CODE 1 2 3 4 5 6 7 8 9 10 11 12
Page 87: MAP CODE 37 38 39 40 41 42 43 44 45
Page 91 and 92: COMPARABILITY INDEX MODERN APARTMEN
Page 93 and 94: COMPARABILITY INDEX MODERN APARTMEN
Page 95 and 96: MAP PROJECT CODE NAME 13 GREENBRIAR
Page 97 and 98: MAP PROJECT CODE NAME 37 THE OAKS 3
Page 99 and 100: MAP PROJECT CODE NAME EGNAR UNIT AM
Page 101 and 102: MAP PROJECT CODE NAME EGNAR ROTAREG
Page 103 and 104: MAP PROJECT CODE NAME EGNAR 45 HOLL
Page 105 and 106: UNIT AMENITIES DISTRIBUTION OF UNIT
Page 107 and 108: MAP CODE UNIT TYPE / UTILITY DETAIL
Page 109 and 110: MAP CODE UNIT TYPE / UTILITY DETAIL
Page 111 and 112: 1 TOWERING PINES TOWERING PINES LN.
Page 113 and 114: 7 THE WILLOWS 1401 WHISPERING PINES
Page 115 and 116: 13 GREENBRIAR 3110 GRAYSTONE LN. AL
Page 117 and 118: 19 GLENWOOD MANOR 2315 W. GORDON AV
Page 119 and 120: 25 REGENCY CLUB 2000 TOMPKINS AVE.
Page 121 and 122: 31 PRINCETON PLACE 539 N. WESTOVER
Page 123 and 124: 37 THE OAKS 2024 W. OGLETHORPE AVE.
Page 125 and 126: 43 PATE HOMES 200 ARBOR CT. ALBANY
Page 127 and 128: 49 MC INTOSH HOMES 618 N. DAVIS ST.
Page 129 and 130: 55 WOODPINE WAY 421 SOUTH WESTOVER
Page 131 and 132: VII. HOUSING STARTS In an analysis
Page 133 and 134: UNITS HOUSING UNITS AUTHORIZED DOUG
Page 135 and 136: Population Characteristics —2000
Page 137 and 138: HOUSEHOLD DETAIL REPORT ALBANY, GEO
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B. INCOME MEDIAN PER HOUSEHOLD INCO
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DISTRIBUTION OF TOTAL PERSONAL INCO
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D. RETAIL SALES 2001 VIII-10 DOUGHE
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44,000 40,000 36,000 EMPLOYMENT AND
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UNITS BY STRUCTURE AND VACANCY RATE
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HOUSING QUALITY ALBANY AND DOUGHERT
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OWNER OCCUPANCY SUMMARY ALBANY AND
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Qualifications and Services About t
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for present and future development
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Consulting—In addition to market
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