We expect this unique BTR-style townhome asset to trade around $220k/unit, however, this is a fully marketed deal that will go through a formal CFO and bid matrix. Please do not call to ask if the price is negotiable, the highest offers will go to the Best and Final round. AVAILABLE IN CONJUNCTION WITH PARK OAKS https://www.loopnet.com/Listing/100-202-Oak-Bluff-Dr-Athens-GA/40279133/ All DD/Financials are available for download from the Data room. Commerce has one of the lowest housing supplies in all of GA due to strict zoning regulations. Additionally, Commerce is in the 2nd fastest growing county in GA and the 12th wealthiest. Preston Court offers all 1,622 SF - 3BD/3BA – Townhome units. The subject’s floorplans are far larger than any workforce properties in the area, and our square footage is on par with the new BTR product in the market. Third party management is already in place with a 7% management fee model. They do not charge payroll. Preston Court -Built: 2002 -Avg. Unit SF: 1,622 -Occupancy: 100% -Most Recent Lease $101 Above In-Place (Without Renovation) -Gated Community -Trails 3BR BTR Product by $639 -Opportunity to Close BTR Gap with Renovations