the kirkwood/ edgewood development site€¦ · transforming memorial drive with more than two...
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MEMORIA
L D
RIV
E
TROLLEY LIN
E TRAIL
THE KIRKWOOD / EDGEWOOD DEVELOPMENT SITE
THE KIRKWOOD/EDGEWOOD
DEVELOPMENT SITE 6.04 ACRES | ATLANTA, GA
Rare Site in Booming Neighborhood with Beltline Connectivity
TOUR DATES
• Available Upon Request
OFFERING PROCESS
Send offers via email to:
MEMORIA
L D
RIV
E
20
TROLLEY LIN
E TRAIL
THE KIRKWOOD / EDGEWOOD DEVELOPMENT SITE
Adam Blatt, Broker
404-403-5969
2870 Peachtree Road
Suite 516
Atlanta, GA 30305
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
INVESTMENT SUMMARY
KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
Address 1458 Memorial Drive, Atlanta, GA 30317
County DeKalb County
Site Size Acres 6.04 Acres
Site Size SF 263,102 SF
Number of Parcels 19
Developable Acreage 3.2 Acres
Setbacks 2.84 Acres in Flood Zone
Currently Entitled Approximately 102K SF
INVESTMENT OFFERING
20
TROLLEY LIN
E TRAIL
(PROPOSED)
DECATUR
THE KIRKWOOD / EDGEWOOD DEVELOPMENT SITE
Mainland Realty is pleased to present the exclusive listing of the approximately 6-acre
Kirkwood/Edgewood development site in eastern Atlanta, DeKalb County, Georgia.
This rare and strategically
situated plot is highly visible along Memorial Drive in the very desirable
Kirkwood/Edgewood neighborhood. The Kirkwood/Edgewood submarket
is a thriving and rapidly expanding residential and entertainment district,
and represents one of Atlanta’s premier urban investment locations.
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
LOFT BUILDING
Height Max 52 Feet
Allowed Units 12 Units
SF Max 12,000 SF
DUPLEXES
Height Max 35 Feet
Allowed Units 12 Units
SF Max/Unit 2,400 SF
STACKED FLATS
Height Max 52 Feet
Allowed Units 10 Units
SF Max/Unit 1,500 SF
COTTAGES
Height Max 28 Feet
Allowed Units 5 Units
SF Max 1,200 SF
TOWNHOMES
Height Max 35 Feet
Allowed Units 13 Units
SF Max/Unit 2,200 SF
SINGLE FAMILY
Height Max 35 Feet
Allowed Units 12 Units
SF Max 2,800 SF
DEVELOP THE SITE WITH IN-PLACE ENTITLEMENTS: A MIX OF
SINGLE AND MULTIFAMILY UNITS
• The simplest development option is to develop the site in accordance with the Edgewater site plan shown below.
• This site plan would accommodate the current zoning ordinance with minimal effort required from the developer.
CHANGE THE ZONING FOR A DIFFERENT SINGLE/MULTIFAMILY
DEVELOPMENT
DEVELOPMENT CONTROLS ON CURRENT ZONING
TH1
12 spaces
H D
SF5
C 1
Back of adjacent house
20'-0"
C 2
MEMORIAL DRIVE
WOODBINE AVENUE
CH7
CH8
CH9
CH10
CH11
CH12
CH13
CH14
SF4
SF3
SF2
SF1
TH2
TH3
TH4
TH5
TH6TH7
TH8
TH9
12 UNIT
BUILDING
C C
N
SUGAR
CRE
EK
Proposed Conditions for Edgewater Development:1. The stream, stream bank, buffer strip, and associated greenspaces shall be restored to a native and functional watershed condition and shall be restored following guidelines endorsed by the
State Soil and Water Conservation Commission.
Required buffer restoration shall be completed as part of the Site Development phase, prior to the issuance of individual unit Building Permits.
Ownership of the stream buffer shall be transferred to the Home Owner's Association (HOA) for this project as soon as the HOA becomes effective.
An escrow account shall be maintained by the HOA for the purpose of long term maintenance and upkeep of this stream buffer and path.
2. Fenestration shall be provided for a minimum of 25 percent of the length of rear and side yard facing building façades at the first and second floors.
All muntin bars shall be true divided light or fully laminated to all glazing on the exterior of the glazing.
3. Street lights shall be provided per the MR district zoning conditions.
All lighting including all parking decks and lots and lit canopies shall reduce light spillage onto residentially used properties by providing cutoff luminaries which have a maximum 90 degree
illumination.
All lighting that up-lights trees, buildings or other elements, shall be located a minimum height of eight feet above the sidewalk, driveway or pedestrian area when not located within completely
landscaped areas.
4. Solid fencing or walled enclosures shall obstruct any dumpsters from public view from the street.
5. While the styles of the different houses will vary, the overall level of quality will be consistent and similar across all unit types.
The quality of exterior materials and architectural detailing shall be consistent and similar across all facades of each unit in this development.
6. The use of vinyl siding is prohibited.
No exposed concrete will be permitted at foundations or retaining walls. Any such concrete must be covered by masonry.
7. Bicycle parking shall be provided to meet the MR zoning requirements.
8. All sidewalk paving materials shall be continued across any intervening driveway at the same prevailing grade and cross slope as on the adjacent sidewalk clear zone.
Driveways shall have a band of textured concrete adjacent to the street which is in-line with and equal in width to the street furniture zone and shall have a textured band of concrete adjacent to
the sidewalk which is in-line with the supplemental zone and a minimum width of five feet from the sidewalk.
The main entrance to the project shall have the minimum curb cut width allowed by the Traffic and Transportation Department.
Left turn onto Memorial Drive or into development from Memorial Drive shall be prohibited.
9. Street trees are required and shall be planted in the ground a maximum of 30 feet on center within the street furniture and tree planting zone and spaced equal distance between street lights.
All newly planted trees shall be a minimum of three inches in caliper measured 36 inches above ground, shall be a minimum of 12 feet in height, shall have a minimum mature height of 40 feet, and
shall be limbed up to a minimum height of seven feet. Trees shall have a minimum planting area of 32 square feet. All plantings, planting replacement and planting removal shall be approved by the
city arborist. The area between required plantings shall either be planted with evergreen ground cover such as mondo grass or liriope spicata or shall be paved as approved by the director of
planning.
10. Vaughn Street and Woodbine Ave. shall conform to the MR district streetscape requirements.
The sidewalk along Woodbine Ave. will be built during construction upon aproval of a stream buffer variance submited by the District (5) Five council member.
END OF ZONING CONDITIONS
D 1
PRODUCT TYPES:
COURTYARD HOME - 14
COTTAGE - 5
DUPLEX - 6 (12 UNITS)
TOWN HOUSE - 12
STACK FLAT - 5 (10 UNITS)
LOFT BUILDING - 1 (12 UNITS) KEY
SF - STACKED FLATS
TH - TOWNHOUSE
D - DUPLEX
C - COTTAGE
CH - COURTYARD HOME
C 3C 4
D 2 D 3 D 4 D 5 D 6
CH 1
CH 2
CH 3
CH 4
CH 5
CH 6
LOFT BUIDING - 9222 SF
SF1 - 1741 SF
SF2 - 1725 SF
SF3 - 1712 SF
SF4 - 1697 SF
SF5 - 1681 SF
TH1 - 1666 SF
TH2 - 1651 SF
TH3 - 1628 SF
TH4 - 1554 SF
TH5 - 1516 SF
TH6 - 1546 SF
TH7 - 1310 SF
TH8 - 1305 SF
TH9 - 1302 SF
TH10 - 1125 SF
TH11 - 1125 SF
TH12 - 1125 SF
TH13 - 1125 SF
C1 - 1281 SF
C2 - 1356 SF
C3 - 1425 SF
C4 - 1273 SF
D1 - 5763 SF
D2 - 5141 SF
D3 - 3683 SF
D4 - 5675 SF
D5 - 3692 SF
D6 - 3595 SF
CH1 - 2755 SF
CH2 - 2131 SF
CH3 - 2243 SF
CH4 - 2432 SF
CH5 - 2342 SF
CH6 - 2951 SF
CH7 - 3695 SF
CH8 - 2601 SF
CH9 - 2081 SF
CH10 - 2094 SF
CH11 - 2204 SF
CH12 - 2243 SF
CH13 - 2547 SF
CH14 - 3349 SF
10 20 30 40 50 100 2000
I hearby certify that i am familiar with the Zoning
ordinance of the City of Atlanta, as amended. I
further certify that to the best of my knowledge
and ability, these plans are accurate and comply
with the district and general regulations of the
Zoning Ordinance of the City of Atlanta.
MEMORIAL DRIVE
VAUGHN STREET
WOODBINE AVENUE
MO
RELA
ND
AV
EN
UE
20
' D
RIV
E (
PRIV
ATE)
20
' D
RIV
E (
PRIV
ATE)
PATH
PATH
PATH
5'-0"5'-0"
5'-0"
TO CONFORM TO MR
DISTRICT REQUIREMENTS
VICINITY MAP
D 2
5'-0"
4'-0"
3'-0"3'-0"
TH
1
5'-
0"
5'-
0"
SF5
5'-
0"
5'-
0"
C 3 3'-0"
3'-
0"
3'-0"
3'-
0"
CH93'-0"
3'-0"
TYPICAL SETBACKS BY TYPE
VAUGHN STREET
6' W
OO
D F
EN
CE
S
S
S
S
S
S
S
18"CLAY
24" CLA
Y
24" CL
AY
B
24" CLAY
24" CLA
Y
24" CLA
Y
TH
10TH
11
TH
12TH
13
MA
ILBO
X
75' STREAM BUFFER
DENSITY DESIGNATIONS
SINGLE FAMILY
126,000SF/9,000SF PER UNIT = 14 UNITS
LD-R (LOW DENSITY RES)
LA = 76,138 SF
FAR = .348
ALLOWED FA = 26,496 SF
ACTUAL FA = 26,496 SF
TOSR = .73
ALLOWED TOS = 55,581 SF
ACTUAL TOS = 62,290 SF
UOSR = .45
ALLOWED UOS = 34,262 SF
ACTUAL UOS = 38,978 SF
MD-R (MEDIUM DENSITY RES)
LA = 53,530 SF
FAR = .800
ALLOWED FA = 42,824 SF
ACTUAL FA = 42,594 SF
TOSR = .68
ALLOWED TOS = 36,400 SF
ACTUAL TOS = 56,431 SF
UOSR = .4
ALLOWED UOS = 21,412 SF
ACTUAL UOS = 21,503 SF
58% MAY BE SAVED
(2913.7 SF)
VAUGHN STREET (40' R/W)
(F.K.A. MIDDLE STREET)
R/W
WOODBINE AVENUE (100' R/W)
(F.K.A. METROPOLITAN AVE.)
WM
D
Y H
D YH
WMWVWM
WV
WV
Y
INV. EL:932.12
24" R
CP
CREE
K
CREEK
CREEK
D YH
WM
R/W
R/W
R/W
R/W
R/W
TOP:942.34IE(O):932.06
INV. EL:936.46
WOODBINE CIRCLE (40' R/W)
MEMORIAL DRIVE (R/W VARIES)
(F.K.A. FAIR STREET)
100'-5 5/8"
MULTIPLE DEVELOPMENT OPTIONS
• The site plan calls for approximately 102K buildable SF (subject to
current building regulations) , consisting of a variety of improvements; one loft building, fiv e stacked fla ts, 13 town homes, four cottages, six
duplexes, and 13 courtyard homes.
• The developer could modify the site plan while keeping the overalldensity within about 102K SF (subject to current building
regulations)
• Changing the current entitlements would potentially allow the
developer to build up to 33 single family homes at 3,000 SF or 51townhomes at 2,000 SF (subject to current building regulations and
loss of square footage per site plan).
DEVELOP A COMBINATION OF SINGLE/MULTIFAMILY TO RENT
• The third option would be to develop (potentially in phases or to sell
individule fee simple units as rentals), as a preferential combination of the
two other options, with the end goal of renting the approximately
102K SF (subject to current building regulations)of newly developed product.
• This option would allow the developer to either use the in-place entitlements or change the zoning.
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
“After our success with Krog Street Market, we purchased the Atlanta Dairies property in
December of 2014 and looked to spearhead another urban renewal project that focused more on live music and entertainment.”
- David Cochran, Paces Properties
PLANNED AND UNDERWAY: HIGH-PROFILE PROJECTS TRANSFORMING MEMORIAL DRIVE
With more than two dozen projects planned and underway, the
Memorial Drive landscape is being reshaped. The corridor is
expected to experience a revitalization of transformative scale
similar to Atlanta’s Old Fourth Ward.
MEMORIAL DRIVE’S EXTREME MAKEOVER: ATLANTA’S NEXT
OLD FOURTH WARD
• Old Fourth Ward (O4W), Atlanta’s oldest neighborhood, commanded $1.20 PSF rents just four years ago.
• Today, O4W’s ever-increasing rents are $2+ PSF, catapulted by the entrance of Ponce City Market, and the Atlanta BeltLine. Inman Park experienced equal success with the entrance of Krog Street Market.
• Just southwest of O4W and Inman Park, Memorial Drive is exhibiting the early stages of a similar transformation story, rapidly emerging as Atlanta’s hottest new development district.
MEMORIAL DRIVE CORRIDOR MAJOR PROJECTS
Atlanta Dairies >> Mixed-Use City Center Modeled After Krog Street Market
• Paces Properties to redevelop former dairy co-op into a multi-use city center modeled after Krog Street Market, budgeted at $125M
- ATLA
NTA
BELTLIN
E -
- ATLANTA B
ELTLINE -
Leggett and Platt >> Multi-Use Complex
• BeltLine-adjacent, 17.5-acre site to include: 607 units, Sprouts Organic Grocer, CineBistro movie theater, tech offices, and restaurants
Habitat for Humanity HQ >> Larkin on Memorial Multi-Use
• $18M redevelopment with 63K SF of retail space; restaurants will include Taqueria del Sol and Ramen Station
High School Site >> WonderRoot Arts Center
• Local Reynoldstown arts organization will move across Memorial into a building 14 times larger than its current home
• It will include 45 art studios, performance space, recording studio, and a restaurant
Connector Renovation & Linear Park
• Civic planners want to pour a concrete slab over the interstate and top it with grass; the $125M project also includes plans for a linear park
Glenwood Place
• 175K SF of retail anchored by a 118K SF Kroger, and includes Starbucks, Chipotle, and Chick-fil-A
OFW’S PONCE CITY MARKET TRANSFORMATION
Before - 2011 After - 2014
EAST ATLANTA’S CHANGING LANDSCAPE
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
INVESTMENT SUMMARY
1. Ponce City Market
• 2M SF adaptive reuse project
• Historic Sears & Roebuck building redeveloped into mixed use with retail, office, and residential
• In 2014, Travel + Leisure ranked Ponce City Market as one of the “The World’s
Coolest New Tourist Attractions”
2. Inman Quarter
• $45M mixed-use project
• 39K SF retail
• Includes Ford Fry, Bartaco, MF Sushi
3. Krog Street Market
• Redeveloped warehouse from 1920’s
• 30K SF
• Delivered late 2014
• Specialty market (retail/restaurants)
4. Edgewood Retail
• 550K SF
• Target, Home Depot, Best Buy, Kroger, Bed, Bath & Beyond, Ross, Barnes &
Noble, and Office Depot
5. Memorial Dr. Restaurant Cluster
• Six Feet Under, Tin Lizzy’s, Octane, Doc Chey’s
6. Atlanta Dairies Redevelopment
• Set to deliver late 2017
• $125M redevelopment
• 125K SF mixed use
• 300 multifamily units
• Specialty retail/restaurants including Thrive Farmers Coffee
7. Glenwood Place
• 175K SF retail
• Anchored by 118K SF Kroger
• Starbucks, Chipotle, and Chick-fil-A
8. Glenwood park
• 28-acre site
• Over 194 households
• Over 17 unique businesses retail/office
• The Shed, Gunshow, Vickery’s
Restaurants
9. East Atlanta Village
• Cluster of bars and restaurants
10. MODA R-Town
• Multifamily project under construction
• 46 townhomes
• 20 flats
11. 841 Memorial
• $11M multifamily
• 75 luxury units
12. Leggett and Platt Site
• 17.5-acre site
• $300M development
• CineBistro movie theater
• Sprouts Organic Grocer
13. King Memorial MARTA Station &
TOD at King MARTA Station
• $60M proposed development
• 400 multifamily units
• Expected to begin construction in 2017
14. Fairfield Residential Dev.
• Under construction set to deliver the first quarter of 2018
• 325 multifamily units
15. The Spoke
• $40M multifamily under construction
• 425 multifamily units
• Will include retail, restaurants, and a
performing arts center
16. Station R Atlanta
• 285 multifamily units
• Delivered late 2016
• 16K SF retail
17. Apartments to be Redeveloped
• Sold in 2016
• 112 Units
18. Atlantic Shopping Center
• Proposed adaptive reuse of 110K SF retail by Paces Properties
19. Larkin On Memorial
• $18M mixed use redevelopment
• 63K SF retail
• Restaurants include Taqueria del Sol &
Ramen Station
20. Little Five Points
• Shopping/restaurant district
• Ranked #16 of America’s Best Hipster Neighborhoods by Forbes Magazine
• Vortex Burgers, The Porter Beer Bar, Savage Pizza, Tijuana Garage Taqueria & Cantina
Ponce City MarketThe Spoke
Krog Street MarketAtlanta Dairies Redevelopment
TRUE URBAN INVESTMENT CORRIDOR
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
85
154
260
78
BELTINE EASTSIDE TRAIL
CURRENT TRAIL
UNDER CONSTRUCTION
PLANNED
UP TO $600K+
SINGLE FAMILY
HOME VALUES
UP TO $1M+
SINGLE FAMILY
HOME VALUES
UP TO $700K+
SINGLE FAMILY
HOME VALUES
MIDTOWN
(100K JOBS)
DOWNTOWN
(85K JOBS)
DOWNTOWN
DECATUR
I N M A N P A R K
O A K L A N D C E M E T E R Y
G R A N T P A R K
K I R K W O O DR E Y N O L D S T O W N
G L E N W O O D P A R K
C A N D L E R P A R K
E A S T A T L A N T A
E D G E W O O D
E A S T L A K E
1
9
175
13
3
1119
7
15
2
10
18
6
14
4
12
20
8
16
TROLLEY LINE TRAIL
CURRENT TRAIL
PLANNED
UP TO $515K+
SINGLE FAMILY
HOME VALUES
THE KIRKWOOD / EDGDEWOOD DEVELOPMENT SITE
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
INVESTMENT SUMMARY
EAST ATLANTA’S NEIGHBORHOOD RENT TRENDS
EMBEDDED AMONG HIGH-RENT NEIGHBORHOODS
East Atlanta’s close-in location is sandwiched between downtown
Atlanta and the City of Decatur, encompassing popular and historic,
high-value single-family neighborhoods including Grant Park
($350K-600K), Inman Park ($500-1M+), and Old Fourth Ward
($400K-1M+).
Homes in these neighborhoods have traditionally been at the upper end
of Atlanta’s housing prices. In addition, the past decade has seen infill
development of higher end “cluster-style” homes such as Glenwood Park
($400K+ townhomes), and new upscale apartment projects driven by an
influx of urban-living seeking millennials.
¢ Mainstream, highest rents
¢ Trendy, rapidly rising rents
¢ Up-and-coming, next to grow rents
¢ Primarily single-family homes
¢ Not East Atlanta
DOWNTOWN
GRANT PARK
CANDLER PARK
EDGEWOOD
KIRKWOOD
PONCEY-
HIGHLAND
MIDTOWN
1
2 3
OLD FOURTH WARD
VIRGINIA- HIGHLANDS
INMAN PARK
EAST ATLANTA VILLAGE
GLENWOOD
ORMEWOOD
2. CABBAGETOWN 3. REYNOLDSTOWN1. SWEET AUBURN
Memorial Drive
75/85
Atlanta BeltLine / Historic Fourth Ward Park
Grant Park
Inman Park
Inman Park
Glenwood
MEMORIAL DRIVE HOME VALUES BOOM
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
$40,000
$90,000
$140,000
$190,000
$240,000
$290,000
$340,000
$390,000
2012 2014 2016
Med
ian
Ho
me P
rices
Kirkwood Edgewood East Atlanta Reyndolstown
Reynoldstown
Edgewood
Kirkwood
East Atlanta
MEMORIAL DRIVE HOME PRICES TAKING OFF
East Atlanta’s close-in location is sandwiched between downtown Atlanta and the city of Decatur, encompassing popular and historic, high-
value single-family neighborhoods including Grant Park ($350K-600K), Inman Park ($500-1M+), and Old Fourth Ward ($400K-1M+).
143%Price Increase since 2012
329%Price Increase since 2012
92%Price Increase since 2012
136%Price Increase since 2012
KIRKWOOD EDGEWOOD EAST ATLANTA REYNOLDSTOWN
*Source: Trulia
GROWTH IN HOME PRICING
Homes in these neighborhoods have traditionally been at the upper end
of Atlanta’s housing prices. In addition, the past decade has seen infill
development of higher end “cluster-style” homes such as Glenwood Park
($400K+ townhomes), and new upscale apartment projects driven by an
influx of urban-living seeking millennials.
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
“The BeltLine focused on mobility of people in a way that’s different — mass transit serving multiple needs versus singular transit with automobiles.”
- Catherine Ross, Center for Quality Growth and Regional Development, Georgia Tech
10.4%Class A Rent Growth Y-o-Y
(in East Atlanta submarket following opening of BeltLine)
ATLANTA BELTLINE — REVITALIZED PATHWAYS
The BeltLine’s Eastside Trail, the most popular stretch along its 22-mile route,
is a social and recreational magnet that has cultivated development projects in
surrounding neighborhoods. With $1B+ invested since 2005, the BeltLine’s dynamic
echoing effect will sustain growth for decades.
REMAINDER OF BELTLINE EASTSIDE TRAIL APPROVED FOR CONSTRUCTION
Construction is underway to extend the BeltLine’s Eastside Trail from Krog Street Market
to Kirkwood Avenue by Summer 2017; and planning is underway to extend the trail south
of Memorial Drive. A key indicator of the expansions’ success: Class A rents in East Atlanta
grew 10.4% year-over-year 2013-2014 immediately following the BeltLine’s opening.
IMMEDIATELY ADJACENT TROLLEY LINE TRAIL
• Planning is currently underway to extend the Trolley Line Trail East and connect it to Eastside BeltLine Trail
• When completed, the Trolley Line Trail will run adjacent to the site on Woodbine Avenue, connecting the site directly to the BeltLine
• Redevelopment of Kirkwood streetcar route
• Seven Miles of the Trolley Line Trail is currently built to the east of the site
Beltline’s Eastside Trail
Trolley Line Trail Extensioon
PREMIER EASTSIDE CONNECTIVITY
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
INVESTMENT SUMMARY
$1,
30
7
$1,
314
$1,
32
2
$1,
34
1
$1,
40
8
$1,
475
$1,
54
9
$1,
63
5
$1,
627
$1,
65
1
$1,
66
8
$1,
73
5
$1,
74
4
$1,
70
1
$1,100
$1,200
$1,300
$1,400
$1,500
$1,600
$1,700
2013Q3
2013Q4
2014Q1
2014Q2
2014Q3
2014Q4
2015Q1
2015Q2
2015Q3
2015Q4
2016Q1
2016Q2
2016Q3
2016Q4
Avera
ge E
ffecti
ve R
en
t
EAST ATLANTA’S RENT GROWTH SURGE
While rents throughout metro Atlanta have increased, those in
East Atlanta have especially experienced gains due to the area’s
increasing popularity. This growth is particularly evident when
compared to rent growth in Atlanta’s Class A submarkets of
Buckhead, Midtown, and Perimeter Center.
Since 2013’s entrance of the BeltLine, East Atlanta has exploded in demand,
catapulting rents to new heights and making way for Class A development
unseen in the area prior to the BeltLine.
34.0%31.0% 30.0%
4.1%
0%
10%
20%
30%
40%
3-Mile radius Buckhead Midtown Perimeter Center
3-Y
ear
Ren
t G
row
th
34%Rent growth
since 2013
THREE-MILE RADIUS CLASS A RENT GROWTH
ATLANTA SUBMARKET CLASS A RENT GROWTH Q1 2013 - Q4 2016
NEW DEVELOPMENT ADDING VALUE
Within just one-mile of the site, new single family homes have sold
for up to $825K, new townhomes have sold for up to $764K, and
undeveloped land has sold for up to $1.63M per acre.
The market for residential housing will continue to improve as new
development reaches completion. The extension of the Trolley Line Trail
will also add a new element of connectivity to the area.
NEARBY HOMES SELLING FOR OVER $750K IN 2016
$1.2M Average price per
acre of comparable
land sales
$1.59 Average effective rent per
SF on new multifamily
sites on Memorial Drive
EAST ATLANTA’S APARTMENT MARKET FAVORABLE COMPARABLE SALES
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
INVESTMENT SUMMARY
MORELAND AVENUE
DEKALB AVENUE’S MARTA RAIL LINE
20
MEMORIAL DRIVE
TROLLEY LINE TRAIL
TROLLEY LINE TRAIL (PROPOSED)
RETAIL
POINTS OF INTEREST
2.5 MILES FROM PROPERTY
THE KIRKWOOD / EDGEWOOD DEVELOPMENT SITE
DOWNTOWN ATLANTA
100K+ JOBS
MIDTOWN ATLANTA
100K+ JOBS
KIRKWOOD$420K-$950K HOME PRICES
EDGEWOOD RETAIL DISTRICT
41 BOUTIQUE & SPECIALTY SHOPS
AND MIXED-USE DEVELOPMENT:
TARGET, HOME DEPOT, OFFICE
DEPOT, BARNES & NOBLE, LOWES,
BED, BATH & BEYOND
PONCE CITY MARKET
2.1M SF MIXED-USE
DEVELOPMENT OF RETAIL,
RESTAURANTS, OFFICE AND
RESIDENTIAL
WALKER PARK
ATLANTIC SHOPPING
CENTER TO BE
REDEVLOPED BY
PACES PROPERTIES
LITTLE FIVE
POINTS
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
RIA
L D
RIV
E
20
PROPERTY SUMMARY
AVAILABLE LAND SITE
City Atlanta, GA
County DeKalb County
Parcel ID 19 Parcels Totaling 6.04 Acres
Site Acreage 6.04 Acres
Future Land Use
15 Parcels for Medium-Density Residential (4.7 Acres)
One Parcel for Single-Family Residential (0.4 Acres)
One Parcel for Low-Density Commercial (0.2 Acres)
Two Parcels for High-Density Residential (0.3 Acres)
Current Use Undeveloped Land
Zoning18 Parcels - PD-H (5.61 Acres)
One Parcel - R-4A (0.43 Acres)
Address 1458 Memorial Drive, Atlanta, GA 30317
INVESTMENT SUMMARY
KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
PROPERTY DESCRIPTION
PARCEL DETAIL
PARCEL # SF ACRES ZONING
15-208-02-134 9,171 0.21 PD-H
15-208-02-133 13,559 0.32 PD-H
15-208-02-132 19,392 0.43 PD-H
15-208-02-124 7,883 0.21 PD-H
15-208-02-125 7,883 0.21 PD-H
15-208-02-126 8,198 0.21 PD-H
15-208-02-127 22,827 0.54 PD-H
15-208-02-128 24,078 0.54 PD-H
15-208-02-129 25,329 0.54 PD-H
15-208-02-130 27,205 0.64 PD-H
15-208-02-131 8,764 0.21 PD-H
15-207-03-172 20,145 0.43 PD-H
15-207-03-054 19,130 0.43 R-4A
15-207-03-055 10,358 0.18 PD-H
15-207-03-165 7,648 0.18 PD-H
15-208-02-142 7,883 0.18 PD-H
15-208-02-143 7,883 0.18 PD-H
15-208-02-171 7,883 0.18 PD-H
15-208-02-170 7,883 0.18 PD-H
TOTAL 263,102 6.04
*The unimproved right of way has been abandoned by the city and is included in the investment offerring
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
NOT RELEASED FOR CONSTRUCTION
TH1
12 spaces
H D
SF5
C 1
Back of adjacent house
20'-0"
C 2
MEMORIAL DRIVE
WOODBINE AVENUE
CH7
CH8
CH9
CH10
CH11
CH12
CH13
CH14
SF4
SF3
SF2
SF1
TH2
TH3
TH4
TH5
TH6TH7
TH8
TH9
12 UNIT
BUILDING
C C
N
SUGAR
CRE
EK
Proposed Conditions for Edgewater Development:1. The stream, stream bank, buffer strip, and associated greenspaces shall be restored to a native and functional watershed condition and shall be restored following guidelines endorsed by the
State Soil and Water Conservation Commission.
Required buffer restoration shall be completed as part of the Site Development phase, prior to the issuance of individual unit Building Permits.
Ownership of the stream buffer shall be transferred to the Home Owner's Association (HOA) for this project as soon as the HOA becomes effective.
An escrow account shall be maintained by the HOA for the purpose of long term maintenance and upkeep of this stream buffer and path.
2. Fenestration shall be provided for a minimum of 25 percent of the length of rear and side yard facing building façades at the first and second floors.
All muntin bars shall be true divided light or fully laminated to all glazing on the exterior of the glazing.
3. Street lights shall be provided per the MR district zoning conditions.
All lighting including all parking decks and lots and lit canopies shall reduce light spillage onto residentially used properties by providing cutoff luminaries which have a maximum 90 degree
illumination.
All lighting that up-lights trees, buildings or other elements, shall be located a minimum height of eight feet above the sidewalk, driveway or pedestrian area when not located within completely
landscaped areas.
4. Solid fencing or walled enclosures shall obstruct any dumpsters from public view from the street.
5. While the styles of the different houses will vary, the overall level of quality will be consistent and similar across all unit types.
The quality of exterior materials and architectural detailing shall be consistent and similar across all facades of each unit in this development.
6. The use of vinyl siding is prohibited.
No exposed concrete will be permitted at foundations or retaining walls. Any such concrete must be covered by masonry.
7. Bicycle parking shall be provided to meet the MR zoning requirements.
8. All sidewalk paving materials shall be continued across any intervening driveway at the same prevailing grade and cross slope as on the adjacent sidewalk clear zone.
Driveways shall have a band of textured concrete adjacent to the street which is in-line with and equal in width to the street furniture zone and shall have a textured band of concrete adjacent to
the sidewalk which is in-line with the supplemental zone and a minimum width of five feet from the sidewalk.
The main entrance to the project shall have the minimum curb cut width allowed by the Traffic and Transportation Department.
Left turn onto Memorial Drive or into development from Memorial Drive shall be prohibited.
9. Street trees are required and shall be planted in the ground a maximum of 30 feet on center within the street furniture and tree planting zone and spaced equal distance between street lights.
All newly planted trees shall be a minimum of three inches in caliper measured 36 inches above ground, shall be a minimum of 12 feet in height, shall have a minimum mature height of 40 feet, and
shall be limbed up to a minimum height of seven feet. Trees shall have a minimum planting area of 32 square feet. All plantings, planting replacement and planting removal shall be approved by the
city arborist. The area between required plantings shall either be planted with evergreen ground cover such as mondo grass or liriope spicata or shall be paved as approved by the director of
planning.
10. Vaughn Street and Woodbine Ave. shall conform to the MR district streetscape requirements.
The sidewalk along Woodbine Ave. will be built during construction upon aproval of a stream buffer variance submited by the District (5) Five council member.
END OF ZONING CONDITIONS
D 1
PRODUCT TYPES:
COURTYARD HOME - 14
COTTAGE - 5
DUPLEX - 6 (12 UNITS)
TOWN HOUSE - 12
STACK FLAT - 5 (10 UNITS)
LOFT BUILDING - 1 (12 UNITS) KEY
SF - STACKED FLATS
TH - TOWNHOUSE
D - DUPLEX
C - COTTAGE
CH - COURTYARD HOME
C 3C 4
D 2 D 3 D 4 D 5 D 6
CH 1
CH 2
CH 3
CH 4
CH 5
CH 6
LOFT BUIDING - 9222 SF
SF1 - 1741 SF
SF2 - 1725 SF
SF3 - 1712 SF
SF4 - 1697 SF
SF5 - 1681 SF
TH1 - 1666 SF
TH2 - 1651 SF
TH3 - 1628 SF
TH4 - 1554 SF
TH5 - 1516 SF
TH6 - 1546 SF
TH7 - 1310 SF
TH8 - 1305 SF
TH9 - 1302 SF
TH10 - 1125 SF
TH11 - 1125 SF
TH12 - 1125 SF
TH13 - 1125 SF
C1 - 1281 SF
C2 - 1356 SF
C3 - 1425 SF
C4 - 1273 SF
D1 - 5763 SF
D2 - 5141 SF
D3 - 3683 SF
D4 - 5675 SF
D5 - 3692 SF
D6 - 3595 SF
CH1 - 2755 SF
CH2 - 2131 SF
CH3 - 2243 SF
CH4 - 2432 SF
CH5 - 2342 SF
CH6 - 2951 SF
CH7 - 3695 SF
CH8 - 2601 SF
CH9 - 2081 SF
CH10 - 2094 SF
CH11 - 2204 SF
CH12 - 2243 SF
CH13 - 2547 SF
CH14 - 3349 SF
10 20 30 40 50 100 2000
I hearby certify that i am familiar with the Zoning
ordinance of the City of Atlanta, as amended. I
further certify that to the best of my knowledge
and ability, these plans are accurate and comply
with the district and general regulations of the
Zoning Ordinance of the City of Atlanta.
MEMORIAL DRIVE
VAUGHN STREET
WOODBINE AVENUE
MO
RELA
ND
AV
EN
UE
20
' D
RIV
E (
PRIV
ATE)
20
' D
RIV
E (
PRIV
ATE)
PATH
PATH
PATH
5'-0"5'-0"
5'-0"
TO CONFORM TO MR
DISTRICT REQUIREMENTS
VICINITY MAP
D 2
5'-0"
4'-0"
3'-0"3'-0"
TH
1
5'-
0"
5'-
0"
SF5
5'-
0"
5'-
0"
C 3 3'-0"
3'-
0"
3'-0"
3'-
0"
CH93'-0"
3'-0"
TYPICAL SETBACKS BY TYPE
VAUGHN STREET
6' W
OO
D F
EN
CE
S
S
S
S
S
S
S
18"CLAY
24" CLA
Y
24" CL
AY
B
24" CLAY
24" CLA
Y
24" CLA
Y
TH
10TH
11
TH
12TH
13
MA
ILBO
X
75' STREAM BUFFER
DENSITY DESIGNATIONS
SINGLE FAMILY
126,000SF/9,000SF PER UNIT = 14 UNITS
LD-R (LOW DENSITY RES)
LA = 76,138 SF
FAR = .348
ALLOWED FA = 26,496 SF
ACTUAL FA = 26,496 SF
TOSR = .73
ALLOWED TOS = 55,581 SF
ACTUAL TOS = 62,290 SF
UOSR = .45
ALLOWED UOS = 34,262 SF
ACTUAL UOS = 38,978 SF
MD-R (MEDIUM DENSITY RES)
LA = 53,530 SF
FAR = .800
ALLOWED FA = 42,824 SF
ACTUAL FA = 42,594 SF
TOSR = .68
ALLOWED TOS = 36,400 SF
ACTUAL TOS = 56,431 SF
UOSR = .4
ALLOWED UOS = 21,412 SF
ACTUAL UOS = 21,503 SF
58% MAY BE SAVED
(2913.7 SF)
VAUGHN STREET (40' R/W)
(F.K.A. MIDDLE STREET)
CBTOP:943.35
LL LL
R/W
WOODBINE AVENUE (100' R/W)
(F.K.A. METROPOLITAN AVE.)
WM
WM
D
Y H
D YH
WMWVWM
WV
WV
CLAY
18" C
LA
Y
INV. EL:932.12
24" R
CP
24" R
CP
CREE
K
CREEK
CREEK
D YH
WM
R/W
R/W
R/W
R/W
R/W
DITOP:942.34
DITOP:942.26IE(O):932.06
CBTOP:942.26IE(O):932.06
INV. EL:936.46
IE(O):934.32DI
TOP:942.71
CBTOP:943.38IE(O):934.32
WOODBINE CIRCLE (40' R/W)
MEMORIAL DRIVE (R/W VARIES)
(F.K.A. FAIR STREET)
100'-5 5/8"
PROPOSED SITE PLAN
IMPROVEMENT BUILDABLE SF UNITS
Loft Building 9,222 12
Stack Flat 1 1,741 2
Stack Flat 2 1,725 2
Stack Flat 3 1,712 2
Stack Flat 4 1,697 2
Stack Flat 5 1,681 2
Town House 1 1,666 1
Town House 2 1,651 1
Town House 3 1,628 1
Town House 4 1,554 1
Town House 5 1,516 1
Town House 6 1,546 1
Town House 7 1,310 1
Town House 8 1,305 1
Town House 9 1,302 1
Town House 10 1,125 1
Town House 11 1,125 1
Town House 12 1,125 1
Town House 13 1,125 1
Cottage 1 1,281 1
Cottage 2 1,356 1
Cottage 3 1,425 1
Cottage 4 1,273 1
Duplex 1 5,763 2
Duplex 2 5,141 2
Duplex 3 3,683 2
Duplex 4 5,675 2
Duplex 5 3,692 2
Duplex 6 3,595 2
Courtyard Home 1 2,755 1
Courtyard Home 2 2,131 1
Courtyard Home 3 2,243 1
Courtyard Home 4 2,432 1
Courtyard Home 5 2,951 1
Courtyard Home 6 3,695 1
Courtyard Home 7 2,601 1
Courtyard Home 8 2,081 1
Courtyard Home 9 2,094 1
Courtyard Home 10 2,204 1
Courtyard Home 11 2,243 1
Courtyard Home 12 2,547 1
Courtyard Home 13 3,349 1
TOTAL 101,966 64
INVESTMENT SUMMARY
KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
LOCATION OVERVIEW
RAPID POPULATION GROWTH CONTINUES
Long reputed for its rapid growth, the 10-county Atlanta regional population reached 4,401,800 in 2016, up from 4,332,600 in 2015 and
representing the largest single-year increase since 2007-2008.
The region has added an average of 71,000 new residents annually since 1990. Gwinnett County led the past year’s growth with 17,300 new residents. The city
of Atlanta, too, has experienced impressive growth. Fueled by a boom in multifamily housing, the city added 7,900 new residents between 2015 and 2016, its
largest single-year increase since 2007-2008.
INFRASTRUCTURE IMPROVEMENTS
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY (MARTA)
Atlanta’s rapid economic and population growth has generated
investments in infrastructure. Three proposed MARTA expansion projects
— Clifton Corridor, I-20 East, and GA 400 — could infuse $5.2B into the
region’s overall economy. The transit expansions may also equate to
45,000 new jobs and $116M in additional annual wages by 2040.
THE ATLANTA BELTLINE
The Atlanta BeltLine is the most comprehensive revitalization effort ever
undertaken in the city of Atlanta and among the largest, most wide-
ranging urban redevelopment and mobility projects currently underway
in the United States. This sustainable project is linking a network of public
parks, multi-use trails and transit by reusing 22 miles of historic railroad
corridors encircling downtown and interconnecting 45 neighborhoods.
The BeltLine will add light rail transit that will connect with MARTA and
the new Peachtree Streetcar. New multi-use trails will follow the 22-mile
transit loop, and 11 miles of additional trails will extend into surrounding
neighborhoods.
Conceived by a Georgia Tech graduate student, the BeltLine is creating
a new framework for sustainable growth in the region and revitalizing
under-performing areas of the city. The BeltLine has already significantly
increased values of real estate parcels along its path.
INVESTMENT SUMMARY
KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
LOCATION OVERVIEW
EAST ATLANTA: ON THE PATH OF PROGRESS
Urban Atlanta’s revitalization reflects clearly in East Atlanta, the downtown area immediately east of the city’s business district along the
north and south sides of I-20. This central location, along the Atlanta BeltLine, is proximate to Hartsfield-Jackson Atlanta International
Airport and surrounding neighborhoods: Inman Park, Castleberry Hills, East Lake, Oakhurt, and Reynoldstown, among others.
golf course has hosted many golf tournaments, including the 1950 U.S.
Women’s Amateur, 1963 Ryder Cup and 2001 U.S. Men’s Amateur, and is
now the permanent home of the TOUR Championship by Coca-Cola, the
culminating event of the PGA TOUR Playoffs for the FedEx Cup.
EAST ATLANTA VILLAGE
The Washington Post calls East Atlanta Village the “best kept secret in
Atlanta,” only this eclectic community’s rising popularity is no longer a
secret.
Filled with a varied blend of boutique shops, quaint residential streets,
exceptional restaurants and lively entertainment venues, East Atlanta
Village epitomizes diversity and exudes neighborhood charm. The family-
friendly district’s uncongested roads allow easy connection to Grant Park,
Zoo Atlanta, and East Lake YMCA, as well as to the numerous attractions
in and around downtown Atlanta.
Following decades of focused reinvestment that continues today, East
Atlanta has been attracting trend-setting urban pioneers since the 1970s
and now appeals to the masses, particularly Atlanta’s young professionals.
The historically-rich area has become a booming residential and
entertainment district often compared to New York’s Greenwich Village.
Referred to by Creative Loafing as “the epitome of cool,” The New York
Times hails East Atlanta as a hip destination “reaching the crest in what has
been a steadily rising wave of cool.”
East Atlanta’s ongoing developed is further sustained by the Atlanta
BeltLine and subsequent streetcar project, which will attract yet more
visitors and residents to the area.
EAST LAKE GOLF CLUB
East Lake Golf Club, the oldest golf course in the city of Atlanta, is the
home course of legendary golfer Bobby Jones. Over the years, the
EAST LAKE GOLF CLUB
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
THRIVING DEVELOPMENT CREATES NEW URBANISM
FUQUA DEVELOPMENT
Veteran developer Jeff Fuqua intends to build a new retail development
near Glenwood Park in East Atlanta. The project, just south of I-20 and
west of Bill Kennedy Way, will resemble Fuqua’s Edgewood Retail District
and feature 200,000 SF of retail with a 144,000 SF anchor, expected to
be Walmart. The 10-acre property is ideally situated along the BeltLine’s
proposed streetcar line — the parcel’s eastern edge abuts the BeltLine’s
22-mile greenspace, parks and trail loops — and will include additional
inline retail as well as two outparcel pads.
EDGEWOOD RETAIL DISTRICT
Edgewood Retail District, located approximately two miles from downtown
Atlanta, is a 531,287 SF mixed-use development anchored by Lowe’s Home
Improvement, Target, and Kroger. The district is comprised of large format
retailers, restaurants, street-level small shops, second–floor retail/office
space, as well as residential condominiums.
GLENWOOD PARK
The first master-planned development in East Atlanta, Glenwood Park
features single-family homes, townhouses, condominium residences, retail
shops and office space. Glenwood Park’s founding principles emphasize
walkability, community, and environmental awareness. The development’s
versatile streetscapes were patterned after the dynamic shopping streets
in Athens, GA, intimate residential streets in Charleston, SC and New York
City’s classic café-lined sidewalks.
THE PRESERVE EAST ATLANTA
The Preserve, just off Flat Shoals Road and Brannen Road, is the area’s
first “Conservation-Zoned” neighborhood, and features sidewalk- and
streetlight-lined cul-de-sac streets with no cut-through traffic. Four
access points throughout the development lead to more than 18-acres of
greenspace. The Preserve’s location gives residents convenient access
to the array of local recreational facilities, shopping, dining, and business
districts in East Atlanta Village, Oakhurst Village, the new Edgewood Retail
District, and Decatur Square.
EDGEWOOD RETAIL DISTRICT
GLENWOOD PARK
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
1 6 7
2
4
9
3
8
5
RENT COMPARABLES- NEW CONSTRUCTION APARTMENTS
PROPERTY # UNITS YEAR BUILT AVG. SF EFF. RENT* EFF. RENT/SF
Kirkwood/Edgewood Development Site N/A N/A N/A N/A N/A N/A
1
2 2016
3 2016
4 Station R 295 2016 $1,719
5
6
7 Alexan EAV 120 2016
8 Glenwood East 236 2008
9 266
TOTAL / AVG 898 $1,416
212 2018
BEDROOMS
985 $1,9052
1175 $1,775120 2
176 1 700 $1,099
1 825
Inman Quarter 200 2014 2 1228 $2,600
Post Centennial 474 2018 1 650 $1,900
2 1150 $1,995
2 1215 $1,838
The Kirkwood 2018 1 832 $1,475 $1.77
Spoke Luxury Apartments
Alexan EAV
The Element
$1.93
$1.51
$1.57
$2.08
$2.12
$2.92
$1.73
$1.51
$1.901.52017233
INVESTMENT SUMMARY
KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
COMPARABLE SECTION
1
911
2
4
3
8
5
RECENTLY SOLD SINGLE FAMILY HOMES
PROPERTY BEDS/BATHS YEAR BUILT SQUARE FOOTAGE SALE DATE SALE PRICE PRICE PER SF
Kirkwood/Edgewood Dev. Site N/A N/A N/A N/A N/A N/A
1
2
3
4
5
6
7 $260
8
9 4/3
10 4/3
11
TOTAL / AVG 4/3 N/A
7
87 Kenyon Street 2018 2,738 4/27/2018 $750,000 $274
1
10
2017214 Locust Street 4/4 2,850 2/23/2018 $660,000 $232
4/3
1984 Dunwoody St 4/3.5 2008 2,704 4/20/2017 $645,000 $239
1635 Stanwood Avenue 4/3
4/3.5
2016 2,926 4/04/2017 $640,000 $219
1393 Newton Avenue 4/4.5 2017 2,550 12/15/2017 $635,000 $249
56 Whitefoord Avenue 4/3 2017 2,414 4/17/2018 $627,500
175 Mellrich Avenue 4/4 2018 2,867 5/22/2018 $756,900 $264
226 SE Holtzclaw Street 2017 2,235 12/28/2017 $600,000 $269
2266 Sutton Street SE 2017 2972 5/1/2018 $740,000 $249
1934 Bixby Street SE 4/3 2018 2927 5/25/2018 $690,000 $236
2017 2,788 $681,190 $249
2870 Alexa Avenue SE 2018 2,840 6/04/2018 $639,000 $225
THE KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
9
6
7
2
4
3
8
5
RECENTLY SOLD LAND
PROPERTY PRICE PER ACRE SALE DATE SALE PRICE LAND SIZE (ACRES)
Kirkwood/Edgewood Dev. Site TBD TBD TBD 5.75
1 1119 Memorial Dr SE $706,110 9/30/2016 $1,425,000 2.02
2 860 Glenwood Ave $1,293,103 7/24/2015 $3,000,000 2.32
3 842 Berne St $1,500,000 10/14/2016 $4,500,000 3.00
4 1150 Wade St $1,625,202 10/2/2014 $7,280,903 4.48
5
6
7 375 Gartrell St $1,449,417 10/6/2016 $4,319,264 2.98
8
9
TOTAL / AVG N/A
1
385 Grant Circle SE $6,900,000 5.83$1,183,533
750 SE Kalb Street 7/17/2017 3.98$1,281,407
777 Memorial Drive 7/5/2017 $8,750,000 9.17$954,198
3/6/2018
515 North Ave NE 11/14/2017 $2,925,000 6.00$487,500
4.42$4,911,129
$5,100,000
$1,164,497
INVESTMENT SUMMARY
KIRKWOOD/EDGEWOOD DEVELOPMENT SITE
COMPARABLE SECTION
1
6
7
2
4
38
5
RECENTLY SOLD TOWNHOMES
PROPERTY BEDS/BATHS YEAR BUILT SQUARE FOOTAGE SALE DATE SALE PRICE PRICE PER SF
Kirkwood/Edgewood Dev. Site N/A N/A N/A N/A N/A N/A
1
2
3 2006
4
5
6
7 3/3.5
8
TOTAL / AVG N/A
201 Wilbur Avenue 3/2.5 2017 2,650 10/27/2017 $720,000
492 Brasfield Square 4/4.5 2,460 5/24/2018 $650,000
986 Mauldin Street 3/3.5 2017 2,003 10/23/2017 $640,968
1094 Kirkwood Avenue 4/3 2017 2,302 3/14/2018 $620,000
111A Hutchinson Street 4/4 2018 2,694 4/30/2018 $598,900
215 Arizona Avenue 2017 2,221 5/17/2018 $577,469
960 Moda Drive 2/2.5 2016 1,510 4/28/2017 $380,000
$272
$320
$264
$269
$222
$260
$252
$598,7502,26420173/3
244 B Locust Street 3/2.5 2017 2,300 4/18/2017 $565,000 $245
$265