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.
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2665 Favor Road SW Marietta GA 30060
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MORTGAGE BANKING
INVESTMENT SALES
CONTACT US
Scott Bray
Managing Director 678.388.2507 Scott.Bray@berkadia.com
ANDREW MAYS (LEAD)
Senior Managing Director
404.445.1067
Andrew.Mays@berkadia.com
Matt White
Managing Director 404.445.1070 Matt.White@berkadia.com
PAUL VETTER (LEAD)
Senior Managing Director
404.445.1068
Paul.Vetter@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
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
713.974.T: 404.445.2600 | F: 404.445.1065
ATLANTA OFFICE
THREE ALLIANCE CENTER
Property Name
Address
City, State, Zip
County
Units Built
Buildings
Stories
Density
Site Acreage
Total Rentable SF
Average Unit SF
Exterior
Roof
Legacy at West Cobb 2665 Favor Road SW Marietta, GA 30060
Fulton 395 1970 37 Two, and Three-Story 12.18 Units Per Acre 32.42 450,010 1,139
Brick and Siding
Pitched - Composition Shingle
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Opportunity Highlights
Unlocking Market Potential: Legacy at West Cobb has the opportunity to capitalize on the transition from affordable rents to market-rate which equates to $170K+ in additional revenue
Elevated Upside Opportunity: Submarket evidence shows that upgraded finishes can command premiums of $125+
Opportunity to Push Rent to Market: Competitors’ rents outpace subject’s in-place rents by $58
Spacious Layouts: Spacious, one-, two-, three-, and four-bedroom units averaging 1,139 SF
Discount to Homeownership: Monthly mortgage payment ($2,957) for average value home in area outpaces Legacy at West Cobb’s market rent ($1,521)
Additional Upside: New owner has the opportunity to generate $118.5K through new amenity fee
PROPERTY INFO SUMMARY
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2665 Favor Road SW Marietta GA 30060
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Community Amenities:
Gate-Controlled Access
Clubhouse with Business Center
Swimming Pool
Fitness Center
Playground
Picnic and Grilling Area
Fully Equipped Kitchen
Stainless Steel Appliances*
Granite Countertops*
White Cabinetry*
Vinyl Wood Flooring
Brushed Nickel Bathroom Fixtures
Multi-Speed Ceiling Fans
Washer and Dryer
Patio or Balcony
Garages*
*select units
Unit Amenities:
Judy MacManus
Managing Director 404.654.2074 Judy.MacManus@berkadia.com
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