RENAISSANCE VILLAGE APARTMENTS · 2020. 12. 3. · RENAISSANCE VILLAGE - SUMMERVILLE F OR SA L E R...

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MeybohmCommercial.com 3519 Wheeler Road, Augusta, GA 30909 706.736.0700 RENAISSANCE VILLAGE APARTMENTS 1901 Broad St., Augusta, GA 30904 Jonathan Aceves, CCIM, MBA | 706.294.1757 | [email protected] John Eckley, MBA, Civil Eng. | 803.428.7111 | [email protected] Danielle Meikrantz | 706.284.8359 | [email protected] FOR SALE

Transcript of RENAISSANCE VILLAGE APARTMENTS · 2020. 12. 3. · RENAISSANCE VILLAGE - SUMMERVILLE F OR SA L E R...

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MeybohmCommercial.com3519 Wheeler Road, Augusta, GA 30909

706.736.0700

RENAISSANCE VILLAGE APARTMENTS1901 Broad St., Augusta, GA 30904

Jonathan Aceves, CCIM, MBA | 706.294.1757 | [email protected] Eckley, MBA, Civil Eng. | 803.428.7111 | [email protected] Meikrantz | 706.284.8359 | [email protected]

FOR SALE

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PROPERTY OVERVIEWMeybohm Commercial is proud to present this ADordable MulGfamily Por,olio in Augusta, Georgia. The por,olio iscomprised of 11 buildings and 95 units in total in three separate historic neighborhoods in Augusta, GA: Summerville,Harrisburg, and Olde Town.

The Summerville property on Wrightsboro features 20 units, 2 of those which are currently used as leasing oPces. Theproperty features an even mix of 10 one-bedroom and 10 two-bedroom units.

The Olde Town property on Broad features 16 units: 4 studio, 8 one-bedroom, and 4 two-bedroom units.

The Harrisburg property on Broad and Pearl features 59 total units, 7 studios, 7 one-bedrooms, 11 2-bedrooms, and 34three-bedroom units.

The properGes are eligible for new LIHTC tax credits, and HAP use restricGons are esGmated to expire in 2035.

OFFERING SUMMARY

Sale Price: Make ODer

Building Size: 92,765 SF

Price / SF: -

Year Built: 1891

Renovated: 1980

EXECUTIVE SUMMARY

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PROPERTY OVERVIEWS

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UNIT LOCATIONS

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Harrisburg: 1901 - 1931 Broad St.Summerville: 1835 - 1839 Wrightsboro Rd./1328 - 1330 Baker

Harrisburg: 1939 - 1977 Broad St.Olde Town: 108 - 112 Third St.

LocaGon Overview Harrisburg: 1902 - 1932 Pearl Ave.

PARCEL OVERVIEWS

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AERIAL MAP - OLDE TOWN

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AERIAL MAP- SUMMERVILLE

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AERIAL MAP - HARRISBURG

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MeybohmCommercial.com3519 Wheeler Road, Augusta, GA 30909

706.736.0700

Jonathan Aceves, CCIM, MBA | 706.294.1757 | [email protected] Eckley, MBA, Civil Eng. | 803.428.7111 | [email protected] Meikrantz | 706.284.8359 | [email protected]

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LOCATION MAPS

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JONATHAN ACEVES, CCIM, MBA

PROFESSIONAL BACKGROUND

Jonathan serves as a commercial sales and leasing agentwith Meybohm Commercial. Originally licensed in 2005,Jonathan specializes in downtown development,mulGfamily brokerage, land site selecGon anddevelopment, and business analysis. Jonathan served asthe Administrator of Christ Community Health Servicesyears, overseeing ^nance and operaGons for a communityhealth center employing 60 staD and serving over 20,000paGents annually. He earned his BBA and MBA fromAugusta University. Jonathan lives downtown in the OldeTown neighborhood with his wife and ^ve children. Hehas lived in Augusta for over 23 years, has served as adeacon at First Presbyterian Church, and is an acGve partof the Olde Town Neighborhood AssociaGon.

T [email protected]

GA #285735SC #90747

JOHN ECKLEY, MBA, CIVIL ENG.

PROFESSIONAL BACKGROUND

John serves as an Industrial and OPce Advisor as a partof the greater specialized Meybohm Commercial team,which aims to be a holisGc real estate soluGon for clientssimultaneously seeking asset-class-focused experGse anda-enGon to their greater investment horizon.ConsultaGve, client-focused and analyGcal, John has hisMBA and comes from a civil engineering background, hasprevious experience providing consultaGon and markeGngservices to small businesses, and managing a team oftraining experts in the medical ^eld. John has a passionfor downtown Augusta having built the ^rst new home inthe Olde Town neighborhood in several generaGons. Johnis a member and Deacon at First Presbyterian Churchwith his wife, two sons and daughter, where they haveresided for the past eight years. He serves as treasurer ofthe Olde Town Neighborhood AssociaGon, is a member ofthe Heritage Academy Junior Board, and serves on theboard of directors for Saving Grace in Uganda, a streetchildren’s ministry in East Africa.

T [email protected]

GA #366880SC #111774

DANIELLE MEIKRANTZ

PROFESSIONAL BACKGROUND

T [email protected]

GA #401159

TEAM PAGE

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All materials and informaGon received or derived from Meybohm Commercial ProperGes itsdirectors, o cers, agents, advisors, a liates and/or any third party sources are providedwithout representaGon or warranty as to completeness , veracity, or accuracy, condiGon ofthe property, compliance or lack of compliance with applicable governmental requirements,developability or suitability, bnancial performance of the property, projected bnancialperformance of the property for any party’s intended use or any and all other ma.ers.

Neither Meybohm Commercial ProperGes its directors, o cers, agents, advisors, ora liates makes any representaGon or warranty, express or implied, as to accuracy orcompleteness of the any materials or informaGon provided, derived, or received. Materialsand informaGon from any source, whether wri.en or verbal, that may be furnished forreview are not a subsGtute for a party’s acGve conduct of its own due diligence todetermine these and other ma.ers of signibcance to such party. Meybohm CommercialProperGes will not invesGgate or verify any such ma.ers or conduct due diligence for aparty unless otherwise agreed in wriGng.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.

Any party contemplaGng or under contract or in escrow for a transacGon is urged to verifyall informaGon and to conduct their own inspecGons and invesGgaGons including throughappropriate third party independent professionals selected by such party. All bnancial datashould be veribed by the party including by obtaining and reading applicable documentsand reports and consulGng appropriate independent professionals. Meybohm CommercialProperGes makes no warranGes and/or representaGons regarding the veracity,completeness, or relevance of any bnancial data or assumpGons. Meybohm CommercialProperGes does not serve as a bnancial advisor to any party regarding any proposedtransacGon. All data and assumpGons regarding bnancial performance, including that usedfor bnancial modeling purposes, may difer from actual data or performance. Any esGmatesof market rents and/or projected rents that may be provided to a party do not necessarilymean that rents can be established at or increased to that level. ParGes must evaluate anyapplicable contractual and governmental limitaGons as well as market condiGons,vacancyfactors and other issues in order to determine rents from or for the property.

Legal quesGons should be discussed by the party with an a.orney. Tax quesGons should bediscussed by the party with a cerGbed public accountant or tax a.orney. Title quesGonsshould be discussed by the party with a Gtle o cer or a.orney. QuesGons regarding thecondiGon of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects,contractors, other consultants and governmental agencies. All properGes and services aremarketed by Meybohm Commercial ProperGes in compliance with all applicable fairhousing and equal opportunity laws.

DISCLAIMER

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