Randall Heights 465467

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306 Elberta Rd. - Warner Robins, GA 31093

PROPERTY Stats

1970

Year Built

46,200

PROPERTY OVERVIEW

Randall Heights is a 52-unit affordable housing community located in Warner Robins, GA. The property was built in 1970 and is comprised of one, two, and three bedroom apartment homes. Robins AFB is located 7 miles from the property and is one of the largest employers in the state of Georgia and directly contributes over 25,000 military, civil service, and contractor jobs to the local economy. It has provided economic stability for Warner Robins that has benefited the entire Middle Georgia community. Numerous restaurants, outdoor recreation, schools, major transportation arteries, and healthcare are nearby as well. The property is a recipient of HUD Section 8 project based rental income assistance pursuant to a Housing Assistance Payment (HAP) contract. The current contract has an effective beginning date of September 1, 2019 and provides assistance for all units. Within the contract, Section 2(b) states that the contract runs for an effective term of 20 years.

Multifamily Section 8 Property Offering One, Two, and Three Bedroom Apartments with a HAP Contract Covering all Units Warner Robins is Located Less than an Two Hours South of Atlanta, GA Excellent FMR Growth in Houston County, with an Overall Increase of 22.05% for One, Two, and Three Bedrooms Since 2021 Conveniently Situated Near Area Amenities that Include Shopping, Dining, Parks, Schools, and Major Transportation Arteries

INVESTMENT HIGHLIGHTS

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UNITS

46,200

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. © 2025 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 Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.

Managing Director 504.322.1196 chris.crump@berkadia.com

CHRIS CRUMP

Senior Managing Director 214.360.3849 tim.leonhard@berkadia.com

TIM LEONHARD

MORTGAGE BANKING

Senior Managing Director Multifamily GA License #261596 404.445.1068 paul.vetter@berkadia.com

Paul Vetter

Senior Managing Director Multifamily GA License #238374 404.445.1067 andrew.mays@berkadia.com

Andrew Mays

Director Affordable Housing MT License #89005 425.761.1640 mike.terry@berkadia.com

Mike Terry

Senior Managing Director Affordable Housing ID License #DB36794 208.286.5013 jeff.irish@berkadia.com

Jeff Irish

INVESTMENT ADVISORS

Three Alliance Center 3550 Lenox Rd. Suite 2600 Atlanta, GA 30326

ATLANTA OFFICE

800 W. Main St. Suite 1410 Boise, ID 83702

BOISE OFFICE

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