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H U N T I N G TO N T E R R AC E S & VA L L E Y OA K S A PA R T M E N T S CHAMBLEE, GA 30341

• ATLANTA, GA 30345

R

P R E PA R E

D

FO

Saong Lieu Owner 404.630.2401

4725 Buford Hwy NE #B Chamblee, GA 30341

A BO UT YO U

PR O PERTI E S H U N T I NGTO N TE R R AC E S

4725 B uf o r d Hwy NE # B, C h am b l ee, GA 30341 • 140 Un its

VA L L E Y OAKS A PA RTM E N TS

2400 Jo h n so n Rd NE # A , A t l an t a, GA 30345 • 236 Un its

O P T I O NS 1 HOLD Rents are substantially below market. Work to actively close the loss-to-lease and improve cash flow to optimize hold period. Renovate units to capitalize on improving cashflow through rental increases Explore enhancing amenities package at property

2 REFINANCE Rate Loan to Value Term

Recourse

4%

HUNTINGTON TERRACES

75%

$4,050,000

7 Year

Amortization

3 SELL

30 Year Non-Recourse Available

Loan information is time sensitive and subject to change. Contact your local Marcus & Millichap Capital Corporation representative. Matt Rosenberg & Jim Wolfe First Vice President Capital Markets 215.531.7038. [email protected] 2005 Market Street, Suite 1510 Philadelphia, PA 19103

-PRICE-

VALLEY OAKS APARTMENTS

$900,000

-PRICE-

This option assumes an arm’s length transaction following a complete property specific marketing program within a national platform.

R EN T C O M PA R A BL E S MIRADOR AT PEACHTREE 2203 Plaster Rd Ne Atlanta, GA 30345 164 Units 1BD/1BA $1,146-$1,246 2BD/2BA $1,370-$1,530 3BD/2BA $1,500 3BD/2BA $2,064-$2,164

93 EAST

2565 Shallowford Rd Atlanta, GA 30345 192 Units 1BD/1BA $905-955 2BD/2BA $1,145-1,295 3BD/2BA $1,365

SIERRA VILLAGE APARTMENTS

2615 Oak Shadow Ct Ne Atlanta, GA 30345 154 Units 1BD/1BA $870-1,005 2BD/2BA $1,255-1,360

GI VI N G YOU THE GUIDAN C E TO M A KE A N I NF O R M ED DEC I S IO N

RE S EARCH • FINANCE • AC Q UI SI T I O N • DI SPO SI T I O N HUNTINGTON TERRANCES RENT ROLL UNIT

TYPE

RENT

95

1 Bedroom / 1 Bath

$974

25

2 Bedroom / 1.5 Bath

$1,253

20

3 Bedroom / 1.5 Bath

$1,416

140

$3,643

VALLEY OAKS APARTMENTS RENT ROLL UNIT

TYPE

RENT

58

1 Bedroom / 1 Bath

$974

120

2 Bedroom / 1 Bath

$1,253

58

3 Bedroom / 2 Bath

$1,416

236

HUNTINGTON TERRANCES FINANCIALS FOX CHASE INCOME Gross Potential Income Laundry Income Application Fee Total Other Income Vacancy/Collection Allowance (GPR) Effective Gross Income

FOX CHASE EXPENSES Real Estate Taxes Insurance Water/Sewer Common Electric Gas Trash Leasing Fees Management Fee Lawn & Snow Removal Repairs & Maintenance Contract Services Licenses Total Expenses % of EGI Net Operating Income Reserves Net Cash Flow Before Debt Service Debt Service Debt Coverage Ratio Net Cash Flow After Debt Service Return % Principal Reduction Total Return Total Return %

CURRENT $487,560 $8,800 $600 $9,400 5% / $24,378 $472,582

CURRENT $42,777 $22,000 $22,726 $2,875 $9,483 $8,619 $7,500 6.0% / $28,097 $14,000 $27,500 $3,500 $3,025 $192,102 40.70% $280,222 $13,750 $266,472 $190,140 1.47 $76,332 7.54% $46,332 $123,203 12.17%

PER UNIT $8,865 $160 $11 $171 $443 $8,592

PER UNIT $778 $400 $413 $52 $172 $157 $136 $511 $255 $500 $64 $55 $3,493 $5,095 $250 $4,845

N OTE S

$3,643

VALLEY OAKS APARTMENTS FINANCIALS FOX CHASE INCOME

CURRENT

Gross Potential Income Laundry Income Total Other Income Vacancy/Collection Allowance (GPR) Effective Gross Income

FOX CHASE EXPENSES

CURRENT

Real Estate Taxes Insurance Water/Sewer Common Electric Gas Trash Management Fee Lawn & Snow Removal Repairs & Maintenance Contract Services Licenses Total Expenses % of EGI Net Operating Income Reserves Net Cash Flow Before Debt Service Debt Service Debt Coverage Ratio Net Cash Flow After Debt Service Return % Principal Reduction Total Return Total Return %

1.25% RATE

$94,908 $1,200 $1,200 5% / $4,745 $91,363

6M

TERM

$7,700 $4,400 $3,400 $700 $600 $3,500 6.0% / $5,446 $950 $5,500 $1,200 $605 $34,037 37.25% $57,326 $2,750 $54,576 $42,253 1.36 $12,322 5.48% $10,416 $22,738 10.11

PER UNIT $8,628 $109 $109 $431 $8,306

PER UNIT $700 $400 $309 $64 $55 $318 $495 $86 $500 $109 $55 $3,094 $5,211 $250 $3,094

O U R FE E Marcus & Millichap will be the exclusive broker for the sale of this property. Global Institutional Exposure. Unparalleled Access to Private Capital.

LICHA

WH Y US ?

P

9,472

TRANSACTIONS CLOSED IN 2018

4.5

TRANSACTIONS CLOSED EVERY

BUSINESS HOUR

42%

TRANSACTIONS C LO S E D W I T H 1031 EXCHANGE BUYERS

1,819

COLLABORATIVE

MU

S MARCU

&

MIL

IF LT

A M I LY

$12.19B SALES VOLUME IN 2018

705

MULTIFAMILY PROPERTIES CURRENTLY AVAILABLE

3,480 TRANSACTIONS CLOSED IN 2018

AGENT DATABASES

WH AT WE ’ V E CLO S E D SANDPIPER

Location: Warner Robins, GA 31088 Units: 530 Price: $42,000,000 Price Per Unit: $79,245 Year Built: 1986

SHENANDOAH VILLAGE Location: Martinsburg, WV 25404 Units: 143 Price: $9,662,500 Price Per Unit: $67,570

BON VISTA, THE VILLAS AND BARRINGTON Location: Morgantown, WV 26505 Units: 409 Price: $29,200,000 Price Per Unit: $71,394 Year Built: 1985

WH O WE A RE DANA NEWTON, CCIM

First Vice President Investments 215.531.7080 [email protected] PA RS293373 NJ 1111346

MIKE MAXWELL

Senior Associate 215.531.7045 [email protected] PA RS336252

2005 Market Street, Suite 1510, Philadelphia, PA 19103 • www.marcusmillichap.com

NON-ENDORSEMENT NOTICE

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap. All rights reserved.