Multi-Housing

Bon Air Apartments & Richmond Summit

744 Broad Street Augusta, Georgia United States 30901
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Confidentiality Agreement Teaser
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1923
Occupancy 95.0 %

Property Description

Bon Air Apartments & Richmond Summit are two historic, 100% Project-Based Section 8 (HAP) properties located in Augusta, Georgia. The Offering presents Investors with an excellent opportunity to deploy capital into an inflation-protected vehicle that generates current cash flow, sheltered from typical market volatility. Furthermore, recent comparable surveys justify potential “as-renovated” contract rent increases at both Properties.

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer, either individually or as a portfolio, the exclusive opportunity to acquire Bon Air Apartments and Richmond Summit - 337 HAP units in Augusta, GA.
Last Updated Date: 03 Jun 2020
Doug Childers
Doug Childers
Senior Managing Director, Affordable Housing Group Leader
License details
CA-01924035 GA-328338 FL-3467836 NC-162
+358931583230
Michael Fox
Michael Fox
Senior Director, Capital Markets
License details
GA-367860
+358931583230
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+358931583230
Last Updated Date: 03 Jun 2020

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