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1031 Scott Blvd | Decatur | GA | 30030
PHOTO GALLERY
RICHARD LEVINE
Senior Managing Director
404.654.2590
Richard.Levine@berkadia.com
JOHN BRAY
Senior Managing Director
404.654.2595
John.Bray@berkadia.com
MORTGAGE BANKING
JUDY MACMANUS
Senior Director
404.654.2074
Judy.MacManus@berkadia.com
ANDREW MAYS
Senior Managing Director
404.445.1067
Andrew.Mays@berkadia.com
MATT WHITE
Senior Director
404.445.1070
Matt.White@berkadia.com
INVESTMENT SALES
CONTACT US
THE LOCATION
INVESTMENT HIGHLIGHTS
IAN SHAW
Associate Director
404.654.2347
Ian.Shaw@berkadia.com
PAUL VETTER
Senior Managing Director
404.445.1068
Paul.Vetter@berkadia.com
Photo Gallery
The Asset
The Opportunity
Doc Center
Privacy
Contact
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The Location
Implementation of premiums for W/D appliances ($50) and water/sewer ($70) would result in +$120/unit/month
Premium Realization Opportunities
Competitor rents and recent leases outpace subject’s in-place rents by more than $400
Organic Upside
All units renovated over the past 15 years
Fully Renovated
New roofs on all buildings, entire main water line replaced, and asphalt driveway repaired and seal coated in 2022
Heavy Lifting Complete
Meticulously maintained asset held under continuous ownership for 30 years
Quality Asset
Property Summary
Property Name
Address
City, State, Zip
County
Units
Built
Buildings
Stories
Site Acreage
Total Rentable SF
Average Unit SF
Exterior
Roof
Amberidge
1031 Scott Blvd
Decatur, GA 30030
DeKalb
31
1960
7
Two-Story
2.41
27,450
885
Brick Masonry
Pitched - Composition Shingle
THE ASSET
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
ATLANTA OFFICE
THREE ALLIANCE CENTER
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
T: 404.445.2600 | F: 404.445.1065
JOSH FINLEY
Managing Director
404.654.2594
Josh.Finley@berkadia.com
The Opportunity
Investment Highlights
Contact
Doc Center
Privacy
Terms of Use
BOUNDARY AERIAL
AERIAL
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
The Opportunity
The Asset
Three-mile statistics outpace metro and national benchmarks
Desirable Demographics
Walkable to Downtown Decatur with easy access to job hubs, including three-minute drive to Clifton Corridor
Well-located Asset
Appeal freezes taxes through 2023
Frozen Taxes
1031 Scott Blvd | Decatur | GA | 30030
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
713.974.T: 404.445.2600 | F: 404.445.1065
1031 Scott Blvd | Decatur | GA | 30030