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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3214 Valley Bluff Drive Doraville | GA | 30340
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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
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
Exterior
Roof
Parkside 3214 Valley Bluff Drive Doraville, GA 30340 DeKalb 281 1971 32 Two-Story 31.22 Units Per Acre 9 225,249 Stucco, Vinly Siding, Wood Accents Pitched, Metal
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Opportunity Highlights
SUBSTANTIAL CAPITAL INFUSION $9,621/unit invested in asset preservation, curb appeal, and resident experience
PROVEN VALUE ADD Parkside has renovated 137 units to a premium level generating $103+ premiums over in-place rents
OPPORTUNITY TO PUSH RENT TO MARKET Competitors’ rents outpace subject’s in-place rents by $340
RECENT LEASE TREND Recent leases outpace in-place rents, representing $540K+ in year-one upside
DISCOUNT TO HOMEOWNERSHIP Monthly mortgage payment ($3,286) for average value home in area outpace Lacota’s market rent ($1,254)
PROPERTY INFO SUMMARY
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3214 Valley Bluff Drive Doraville | GA | 30340
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Community Amenities:
Gate-Controlled Access
Clubhouse with Business Center
Swimming Pool
Fitness Center
Tennis Court
Playground
Picnic and Grilling Area
Laundry Facilities
Fully Equipped Kitchen
Stainless Steel Appliances
Microwave*
Granite Countertops*
White Cabinetry
Tile Backsplash
Skylight*
Vinyl-Wood Flooring
Stylish Nuetral Paint Colors
Multi-Speed Ceiling Fans*
Washer and Dryer Connections
Wood-Style Flooring
Patio/Balcony
* Select Units
Unit Amenities:
Judy MacManus (LEAD)
Managing Director 404.654.2074 Judy.MacManus@berkadia.com
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