2243 ROSIER ROAD | AUGUSTA | GA | 30906
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.
© 2023 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 Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
PHOTO GALLERY
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
Mortgage Bankers:
ANDREW MAYS
Senior Managing Director
404.445.1067
Andrew.Mays@berkadia.com
JUDY MACMANUS
Managing Director
404.654.2074
Judy.MacManus@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
Investment Advisors:
3550 Lenox Road, Suite 2600
Atlanta, GA 30326
713.974.T: 404.445.2600 | F: 404.445.1065
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THE LOCATION
Monthly mortgage payments for median home values in area outpace market rents
Discount to Homeownership:
Submarket averages 6.3% annual effective rent growth since 2014
Strong Fundamentals:
Potential for additional amenities to be added including a bark park, gazebo, and grilling area
Amenity Conversion Opportunity:
74% three-bedroom townhome units
Balanced Unit Mix:
Opportunity Highlights
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2243 ROSIER ROAD | AUGUSTA | GA | 30906
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The Asset
The Opportunity
Home
3
499
Mobile
73%
Number of Properties
Number of units
Markets
Property Name
Address
City, State, Zip
County
Units
Built
Buildings
Stories
Density
Site Acreage
Total Rentable SF
Average Unit SF
Exterior
Roof
Salem Arms
2243 Rosier Road
Augusta, GA 30906
Richmond
136
1969
25
Two-Story
13.72 Units Per Acre
9.91
132,826
977
Brick and HardiPlank Siding
Pitched - Composition Shingle
PROPERTY SUMMARY
Unit Amenities:
Fully Equipped Kitchen
Ceiling Fans
Washer and Dryer Connections
Private Patio or Balcony
AMENITIES
Community Amenities:
Swimming Pool
Basketball Court
Laundry Facility
The Asset
The Opportunity
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Contact
Mike Riley
Director
470.681.1389
Mike.Riley@berkadia.com
Meticulously maintained by single owner over 24 years, 100% classic units
24+ Years Ownership