100 bon air drive
Augusta | GA | 30907
256
Units
1986
Built
INVESTMENT HIGHLIGHTS
Strong Curb Appeal
The subject property demonstrates strong curb appeal, with an attractive and well-maintained exterior.
Well-Maintained Asset
Over $1.5M in capex completed since 2022 including all new roofs, new exterior paint, exterior carpentry work, and new signage.
Strong Northside Location
The subject is located two-miles from Augusta National and sits in the best retail district in Augusta. Household income within a three-mile radius sits at $107,727.
Balanced Unit Mix & Attractive Unit Features
The subject consists of 104 one-bedroom units and 152 two-bedroom units. All units have in unit washer/dryer provided by owner, and many have fireplaces.
Existing Interior Renovations
The property currently has 78 classic units, 73 partially-upgraded units, and 105 fully-upgraded units.
Opportunity to Renovate All Units
Stevens Creek Commons current “premium” upgrade 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 (All Units)
- Fireplace in (Select Units)
- Balcony/Patio
- Ceiling Fans
- Disposal
- Dishwasher
- Self-Cleaning Oven
- Ice Maker
- Air Conditioner
Community Amenities
- Pool
- Fitness Center
- BBQ Area
- Tennis Courts
- Sundeck
- Car Care Center
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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