2515 NORTHEAST EXPRESSWAY | ATLANTA | GA | 30345
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 company business in Nevada.
© 2024 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 Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
MORTGAGE BANKING
ANDREW MAYS (Lead)
Senior Managing Director
404.445.1067
Andrew.Mays@berkadia.com
PAUL VETTER
Senior Managing Director 404.445.1068 Paul.Vetter@berkadia.com
IAN SHAW
Associate Director 404.654.2347 Ian.Shaw@berkadia.com
RICHARD LEVINE
Senior Managing Director
404.654.2590
Richard.Levine@berkadia.com
JOHN BRAY
Senior Managing Director
404.654.2595
John.Bray@berkadia.com
JOSH FINLEY
Managing Director
404.654.2594
Josh.Finley@berkadia.com
INVESTMENT SALES
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
713.974.T: 404.445.2600 | F: 404.445.1065
ATLANTA OFFICE
THREE ALLIANCE CENTER
CONTACT US
Visit Doc Center
THE LOCATION
PHOTO GALLERY
unit amenities
Fully Equipped Kitchen
Walk-In Closet
Washer and Dryer Connections*
Balcony or Patio
*Select Units
COMMUNITY AMENITIES
Swimming Pool
Fitness Center
Gazebo
Laundry Facility
Picnic Area with Barbecue
Property Summary
Property Name
Address
City, State, Zip
County
Units
Built
Buildings
Stories
Density
Site Acreage
Total Rentable SF
Average Unit SF
Exterior
Roof
Parking
Indigo
2515 Northeast Expressway
Atlanta, GA 30345
DeKalb
392
1967
24
Two-Story, Garden-Style
12.65 Units Per Acre
31
339,425
866
Brick with Composition Shingle Mansard
Flat
750 Spaces
THE ASSET
HIGH BARRIERS TO ENTRY
Well positioned asset within the desirable Briarcliff submarket
SIX YEAR OWNERSHIP
Turnkey asset meticulously maintained by long-term owner
PROVEN VALUE-ADD
30.6% classic units with $250 proven premiums
HEAVY LIFTING COMPLETE
$10,000/unit invested in asset preservation, curb appeal, and resident experience
OPPORTUNITY TO PUSH RENTS TO MARKET
Competitors' rents outpace subject's in-place rent by $275
DISCOUNT TO HOMEOWNERSHIP
Monthly mortgage payment for average value home in area outpaces average market rent at subject
INVESTMENT HIGHLIGHTS
Visit Doc Center
2515 NORTHEAST EXPRESSWAY | ATLANTA | GA | 30345
Terms of Use
Privacy
Contact
Doc Center
The Location
Photo Gallery
The Asset
The Opportunity
the asset
opportunity
MENU
Terms of Use
Privacy
location
CONTACT
Gallery
DOCUMENT CENTER
Judy MacManus
Senior Director
404.654.2074
Judy.MacManus@Berkadia.com
Matt White
Managing Director 404.445.1070 Matt.White@Berkadia.com
Scott Bray
Managing Director 678.388.2507 Scott.Bray@Berkadia.com
