
1700 BowdOin drive
Augusta | GA | 30909
160
Units
1988
Built
INVESTMENT HIGHLIGHTS
Strong Curb Appeal
The subject property demonstrates strong curb appeal, with an attractive and well-maintained exterior.
Well-Maintained Asset
Over $1.6M in capex completed since 2022 including siding replacement, new exterior paint, tree removal, new pickleball courts, and new dog park.
Strong Northside Location
The subject sits 0.5 miles from Doctor’s Hospital of Augusta and one-mile north of the super-regional Augusta Mall. Household income within a three-mile radius sits at $87,515.
Balanced Unit Mix & Attractive Unit Features
The subject consists of 88 one-bedroom units and 72 two-bedroom units. All units have W/D connections and many feature vaulted ceilings and fireplaces.
Existing Interior Renovations
The property currently has 33 classic units, 73 partially-upgraded units, and 54 fully-upgraded units.
Operational Upside
Property currently supplies 43 units with washer and dryer at a charge of $35/month. New ownership can finish this program on the remaining 117 units.
Opportunity to Renovate All Units
Mark Church Commons current “fully-upgraded” unit is well below the scope of the market leading comps, reflected by a wide rental rate gap.
Property Description
- Type
- Units
- Year Built
- Occupancy
- Number of Stories
- Number of Buildings
- Acreage
- Density
- Total Rentable SF
- Avg. Unit SF
- Exterior
- Roof
- Parking
Metering & Fees
- Electric Individual
- Water Central
- Pet Fees
- Trash Removal
Amenities
Unit Amenities
- Washer /Dryer Appliances (Select Units)
- Washer/Dryer Connections All Units
- Fireplace in (Select Units)
- Vaulted Ceilings in (Upstairs Units)
- Balcony/Patio
- Ceiling Fans
- Disposal
- Dishwasher
- Self-Cleaning Oven
- Ice Maker
- Air Conditioner
Community Amenities
- Pool with Sundeck
- Clubhouse
- Bark Park
- Fitness Center
- Outdoor Kitchen
- Pickleball Courts
Photo Gallery
Contact Us
Berkadia Atlanta
Three Alliance Center
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
T: 404.445.2600 | F: 404.445.1065
Investment Sales
Mike Riley (LEAD)
Senior Director
404.583.8410
mike.riley@berkadia.com
Ian Shaw
Director
678.315.6238
[email protected]
Andrew Mays
Senior Managing Director
404.445.1067
[email protected]
GA #238374
Paul Vetter
Senior Managing Director
404.445.1068
[email protected]
GA #261596
Mortgage Banking
Richard Levine
Senior Managing Director
404.654.2590
[email protected]
John Bray
Senior Managing Director
404.654.2595
[email protected]
Josh Finley
Managing Director
404.654.2594
[email protected]
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