Summerwind Package 2012

Lender Owned | Wholesale Townhomes
22 Units Available
Located in Oakwood, Georgia
Summerwind Townhomes | 22 units
3802 Summerwind Way | Oakwood, GA
Index
Page
Executive Summary
3
Property Description & Photos
4
Location Maps
5
Plat Map
6
Demographic Site Map
7
Demographics
8-9
Broker Profile
10
Leigh Furrh
404.876.1640 ext. 113
Leigh@BullRealty.com
Bull Realty, Inc.
1801 Piedmont Avenue
Atlanta, GA 30324
Any included income, expenses, cap rates, costs, return estimates, renovations, measurements, square footage, acreage,
projections, interest rates, loan terms, property condition, possible uses, zoning and other information herein may have been
provided by the seller, landlord or other outside sources and while deemed to be reliable, may be estimated, projected, is subject to
change, and/or may be limited in scope, and therefore shall not be relied upon as accurate. Any such information important to the
purchaser, lessee or other parties should be independently confirmed within an applicable due diligence period. Please do not
disturb the management, business, tenants or sellers. This offer is subject to prior change or sale without notice.
Page 2 of 10
Executive Summary
Summerwind Townhomes | 22 Units
3802 Summerwind Way | Oakwood, GA 30566
This residential portfolio consists of 22 attached townhomes in Summerwind, a 52-lot development in
Oakwood, GA near Lake Lanier. Summerwind currently has 32 completed townhomes. Ten townhomes
owned by another bank are 100 % leased and renting for $795 per month.
The subject 22 units are not currently leased. The addresses for the subject 22 townhomes are 3802, 3804,
3806, 3808, 3810, 3814, 3816, 3818, 3820, 3822, 3826, 3828, 3830, 3832, 3834, 3838, 3840, 3842, 3846,
3848, 3850, & 3852 Summerwind Way. The seller has estimated it would take approximately $5,700 per unit
to get the units ready for retail sales and less to get the units ready for rental. All utilities are available.
Offering price of $990,000 | $45,000 per unit.
Page 3 of 10
Property Description & Nearby Photos
•
•
•
•
Located close to shopping and three colleges
2011 property taxes were $958 per unit
Typical unit size 1,536 sq ft with 4 BR and 3BA
Other units in Summerwind are renting for $795 per month
Offering price of $990,000 | $45,000 per Unit.
Page 4 of 10
Location Maps
985
Page 5 of 10
Plat Map
Page 6 of 10
Demographic Site Map
Page 7 of 10
Demographics
Page 8 of 10
Demographics
Page 9 of 10
Broker Profile
Leigh Furrh
V.P. | Land & Developer Services
Bull Realty, Inc.
1801 Piedmont Avenue
Atlanta, GA 30324
Phone: 404.876.1640 ext. 114
Email: Leigh@BullRealty.com
Leigh Furrh has been in commercial real estate brokerage specializing in land sales around Atlanta and the southeast
for 23 years. As a land specialist he has been a million dollar club member with the Atlanta Commercial Board of
Realtors 15 times. He has been awarded the Phoenix award and has been recognized as a top ten land producer in
2004, 2005 and 2006.
When the real estate market softened recently, Leigh searched the industry looking for a better marketing platform for
sellers and lenders, and more sources to uncover acquisition opportunities for buyers. Leigh’s assessment was:
“Lenders and other sellers in this cycle need powerful solutions. They are looking much closer as to how properties are
marketed. Bull’s success in this market got my attention. The marketing platform is extremely powerful.”
While Leigh’s focus is land, when teaming with other brokers specializing in specific property types and services, Leigh
is able to insure great service for all commercial real estate brokerage services .
Originally from Jackson, Mississippi, Leigh received a BA in Real Estate from the University of Southern Mississippi.
Leigh is a candidate for the Certified Commercial Investment Member (CCIM) designation. Prior to joining Bull Realty,
Leigh was most recently a Partner with Pointe Property Group. In previous years, he owned LandSell Realty, and
worked with Property Systems Land Corporation. Leigh has two sons and lives in Atlanta with his wife Annie.
Bull Realty is a regional commercial real estate brokerage firm with three offices, headquartered in Atlanta, Georgia.
The firm is best known for their successful national marketing platform.
•
•
•
•
•
Specific broker teams specialize in either retail, office, industrial, multi-family, land, medical, automotive, net lease,
hospitality or special asset services.
Bull Realty provides marketing and special asset services for 74 lenders.
Google consistently chooses BullRealty.com as the number one website for the most often used search phrase
used by people looking for commercial real estate in Georgia, “Commercial Real Estate Georgia”.
Bull Realty marketing services includes video, social media and radio for appropriate properties.
The firm sponsors and hosts the Commercial Real Estate Show, a national talk radio show about commercial real
estate which airs on radio stations and on-line at www.CREshow.com.
Page 10 of 10