The Village at Sunset Place - 1258 Sunset Blvd, Jesup, GA 31545

The asset is located on Sunset Blvd, just south of the intersection of Highway 84 (Waycross Hwy) and Sunset Blvd. Hwy 84 is the main thoroughfare in Jesup and runs through the main downtown area just one mile to the east. The asset is adjacent to a retail center anchored by Sears and Harvey’s Grocery anchored center. Additionally, there is a retail center to the north anchored by Family Dollar and Bealls Outlet. In-line retail in the immediate corridor include Pizza Hut, Advanced Auto Parts, and Burger King. Below Market Rents: The current average in-place rent of $501/unit is more than $100 below market. There is a strong value-add opportunity for new ownership to push rents day one to an overall average of $618/unit; this would increase top line revenue by $90,000 or 23% within the first year. Recent Capital Improvements: Over the past two years, current ownership has invested $9,800 per unit into both exterior and interior improvements. Interior amenities include washer/dryer hookups, vinyl floors, central air conditioning/heating, full kitchens, and high-speed internet access. Economies of Scale: Village at Sunset is the largest market rate apartment complex in Jesup, making it a very attractive asset for investors. The other larger complex’s have rent restricted programs. -30 day extension option if buyer works with Direct Lending Partners for Debt -Debt Terms available for up to 80% LTC Set Tour Dates: Nov 21st 10am l 12pm | 3pm Dec 5th 10am l 12pm | 3pm