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S = Select Units M = Master BR Only R = Resident Pays

C = Central W = Wall Unit W1 = Window Unit

P = Partial



RENT COMPARABLE NO. 8

Heron Lake

1800 Eastwind Drive

Valdosta, GA 31602

Larri, 229-257-0844



No. Units


Type


S.F.


Rent

Vacant Units

2

1 BR / 1 BA

750

$172

0

10

1 BR / 1 BA

750

$357

0

1

1 BR / 1 BA

750

$359

0

5

2 BR / 2 BA

1,040

$196

0

29

2 BR / 2 BA

1,040

$417

0

4

2 BR / 2 BA

1,040

$421

0

2

3 BR / 2 BA

1,250

$217

0

15

3 BR / 2 BA

1,250

$473

0

2

3 BR / 2 BA

1,250

$589

0

PROPERTY DESCRIPTION



Date Built:


2007

No. Stories:

2

No. Units:

80

Exterior:

Brick/Vinyl


Parking:

Open

Occupancy:


100%

Roof System:

Pitched

Elevator:

No

Surveyed:

06/07/07

Section 8 Accepted:

Yes

Sec. Dep.:

$200

App. Fee:

$35




















Comments: LIHTC Home 30%, 50%, 60% property in excellent condition.

100% occupied with 266 on a waiting list. Waiting list breakdown:(37) 1BR, (194) 2BR, (35) 3BR.



UTILITY STRUCTURE # 8





Resident







Landlord










Electric

Gas

Other

Electric

Gas

Other

Cooking

[X]

[]

[]

[]

[]

[]

Heating

[X]

[]

[]

[]

[]

[]

Hot Water

[X]

[]

[]

[]

[]

[]

Cold Water

[]

[]

[X]

[]

[]

[]

Sewer

[]

[]

[X]

[]

[]

[]

Trash

[]

[]

[]

[]

[]

[X]

Pest Control

[]

[]

[]

[]

[]

[X]

Electricity

[X]

[]

[]

[]

[]

[]

Air Cond.

[X]

[]

[]

[]

[]

[]

SITE AMENITIES


Clubhouse/Community Rm

[X] []




Controlled Entry

[]




Basketball

[]

Fitness Room

[X]




Buzzer/Intercom

[]




Volleyball

[]

Racquetball Courts

[]




Video Surveillance

[]




Jogging

[]

Sauna

[]




Perimeter Fence

[]




Golf Course

[]

Pool(s)

[X]




Open Parking

[X]




Lake

[]

Spa(s)

[]




Secured Parking

[]




Laundry Room

[X]

Tennis Courts

[]




Garage

[]




Car Wash

[]

Playground

[X]




Carport

[]




Fire Alarm System

[]

Picnic Areas/Grill

[X] [X]




Library

[]




Social Programs

[]










Shuffleboard

[]




Elevator

[]

UNIT FEATURES


Window Coverings

[X]




W/D Connection

[X]




Alarm System

[]

Ceiling Fans

[X]




W/D Units

[]




Cable TV

[R]

FF Refrigerator / Ice Maker

[X] []




Vaulted Ceiling

[]




A/C

[C]

Dishwasher

[X]




Fireplace

[]




Private Storage

[X]

Disposal

[X]




Coat Closet

[]




Flat / TH

[X] []

Stove/Self Clean

[X] []




Linen Closet

[X]




Common Entry

[]

Microwave

[X]




Walk in Closet

[]




Private Entry

[X]

Pantry

[]




Carpet

[X]




Hardwood Floors

[]

Emergency Pull cords

[]




Tile

[X]




Patio / Balcony

[X]

S = Select Units M = Master BR Only R = Resident Pays

C = Central W = Wall Unit W1 = Window Unit

P = Partial



RENT COMPARABLE NO. 9

Woodstone

1503 East Park Avenue

Valdosta, GA 31602

Ashley, 229-247-4520





No. Units


Type


S.F.


Rent

Vacant Units

64

1 BR / 1 BA

550

$479

9

164

2 BR / 1 BA

900

$550

15

52

2 BR / 2 BA

1,050

$605

2

20

3 BR / 2 BA

1,230

$710

2

PROPERTY DESCRIPTION



Date Built:


1978/1984


No. Stories:


2

No. Units:

300

Exterior:

Vinyl

Parking:

Open

Occupancy:

91%

Roof System:

Pitched

Elevator:

No

Surveyed:

06/07/07

Section 8 Accepted:

Yes

Sec. Dep.:

$200

App. Fee:

$45



















Comments: Property renovated and converted to LIHTC 60% in 1999. Property is in good condition.

100% occupied with 27 on a waiting list.

UTILITY STRUCTURE # 9







Resident







Landlord










Electric

Gas

Other

Electric

Gas

Other

Cooking

[X]

[]

[]

[]

[]

[]

Heating

[X]

[]

[]

[]

[]

[]

Hot Water

[X]

[]

[]

[]

[]

[]

Cold Water

[]

[]

[X]

[]

[]

[]

Sewer

[]

[]

[X]

[]

[]

[]

Trash

[]

[]

[]

[]

[]

[X]

Pest Control

[]

[]

[]

[]

[]

[X]

Electricity

[X]

[]

[]

[]

[]

[]

Air Cond.

[X]

[]

[]

[]

[]

[]

SITE AMENITIES


Clubhouse/Community Rm

[X] []




Controlled Entry

[]




Basketball

[]

Fitness Room

[X]




Buzzer/Intercom

[]




Volleyball

[X]

Racquetball Courts

[]




Video Surveillance

[]




Jogging

[]

Sauna

[]




Perimeter Fence

[]




Golf Course

[]

Pool(s)

[X]




Open Parking

[X]




Lake

[]

Spa(s)

[]




Secured Parking

[]




Laundry Room

[X]

Tennis Courts

[X]




Garage

[]




Car Wash

[]

Playground

[X]




Carport

[]




Fire Alarm System

[]

Picnic Areas/Grill

[] []




Library

[]




Social Programs

[]










Shuffleboard

[]




Elevator

[]

UNIT FEATURES


Window Coverings

[X]




W/D Connection

[X]




Alarm System

[]

Ceiling Fans

[X]




W/D Units

[]




Cable TV

[R]

FF Refrigerator / Ice Maker

[X] []




Vaulted Ceiling

[]




A/C

[C]

Dishwasher

[X]




Fireplace

[]




Private Storage

[]

Disposal

[]




Coat Closet

[]




Flat / TH

[X] []

Stove/Self Clean

[X] []




Linen Closet

[X]




Common Entry

[]

Microwave

[]




Walk in Closet

[]




Private Entry

[X]

Pantry

[]




Carpet

[X]




Hardwood Floors

[]

Emergency Pull cords

[]




Tile

[X]




Patio / Balcony

[X]

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