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
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NOI Net Operating Income N/A
Cap Rate N/A

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
Michael Fox
Michael Fox
Senior Director, Capital Markets
License details
GA-367860

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+84869421324
Last Updated Date: 03 Jun 2020

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