1 THE PLAZA AT WEST END · 1 SERYUS PROPERTY GROUP, LLC 239 Walker St Unit B Atlanta, GA 30313 o: 404-507-2597 f: 404-393-8236 Seryus Property Group is pleased to present THE PLAZA

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SERYUS PROPERTY GROUP, LLC 239 Walker St Unit B Atlanta, GA 30313 o: 404-507-2597 f: 404-393-8236 www.seryus.com

Seryus Property Group is pleased to presentTHE PLAZA WEST END at Historic West End Atlanta, GA.This rare opportunity to own almost an entire city block of storefront retail, office space and an historic theater will not last long. The property has over 35,000 SF of rentable space, off-street parking and almost 200 feet of frontage at one of Intown Atlanta’s busiest intersections.

Named 2015 Curbed Cup Champion and the hottest neighborhood in Atlanta of 2016 by Redfin, the burgeoning, yet historic community of West End is quickly becoming one of Atlanta' s most talked-about neighborhoods for young professionals and families. Whether a pedestrian and bike-friendly commute along the Atlanta BeltLine or a neighborhood convenient to major thoroughfares, West End has it all.

Property characteristics • 36,000 rentable SF of

Historic Storefront Retail with Theater

• 1 Block from MARTA Rail Station

• 3 Blocks from I20

• Eligible for both New Market and Historic Tax Credits

• Less than 1 Mile from Atlanta Beltline

• Average Daily Traffic count 15,600

THE PLAZA AT WEST END

832-852 Ralph David Abernathy Blvd 640 Evans St, 841 York Ave Atlanta, GA 30310 AVAILABLE NOW!

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Presented by:

SERYUS PROPERTY GROUP

FOR MORE INFORMATION CONTACT: H. SCOTT YOUNG [email protected] 404-507-2597

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risks for any inaccuracies. Seryus Property Group, LLC.

HISTORIC PLAZA

http://www.seryus.com

mailto:[email protected]?subject=


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Portfolio Overview The information listed above has been obtained from sources we believe to be reliable, however, we

accept no responsibility for its correctness. 5

PORTFOLIO SUMMARY SALE PRICE: $3,900,000LOT SIZE: 1.0566 AcresBUILDING SIZE: 35,558 SFCEILING HEIGHT: 12-22 FTYEAR BUILT: 1920, 1950ZONING: SP-21 SA3, SA4TRAFFIC: 16,073 MPSIFRONTAGE: Ralph David Abernathy, Evans St, York Ave

832-836 RDA

840-842 RDA

844 RDA

852 RDA

640 EVANS

841 YORK



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Property Overview The information listed above has been obtained from sources we believe to be reliable, however, we


PROPERTY SUMMARY LOT SIZE: 0.2227 AcresBUILDING SIZE: 6,041 SFCEILING HEIGHT: 16.0 FTYEAR BUILT: 1920ZONING: SP-21 SA3

TenantsKim’s Fashion West End Food Mart

1. 832-836 Ralph David Abernathy

832-836 RDA






PROPERTY SUMMARY LOT SIZE: 0.1921 AcresBUILDING SIZE: 9,941 SFCEILING HEIGHT: 22 FTYEAR BUILT: 1920ZONING: SP-21 SA3

TenantsStar TheaterJD’s Southern ComfortBoost Mobile

2. 840-842 Ralph David Abernathy

840-842 RDA

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TenantsPhone PharaohStones of Beauty

3. 844 Ralph David Abernathy

844 RDA

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PROPERTY SUMMARY LOT SIZE: 0.3698 AcresBUILDING SIZE: 4,228 SFCEILING HEIGHT: 12 FTYEAR BUILT: 1920, 1950ZONING: SP-21 SA3

TenantsLiberty Tax ServicesForage & FluerEskinde Accounting

4. 852 Ralph David Abernathy

852 RDA

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Tenants640 West Cafe

5. 640 Evans St.

640 EVANS

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PROPERTY SUMMARY LOT SIZE: 0.1549 AcresBUILDING SIZE:CEILING HEIGHT:YEAR BUILT: ZONING: SP-21 SA4

6. 841 York Ave (Lot)

841 YORK




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H. Scott Young’s Real Estate experience began in 1998 where he served as Resident Property Manager for a family-owned apartment building while attending Georgetown University. After graduating with a B.S. in Foreign Service, Scott worked as a research analyst at CoStar Group, the nation’s largest Commercial Real Estate information company. Performing multiple redevelopment projects since 2008, both as a consultant and an investor, Scott’s projects have averaged a 600% cash-on-cash return for properties sold and a 12.5% net cap rate for properties held. Scott’s aggressive ‘frontiersman’ approach allows clients to penetrate markets that have been ignored or avoided in order to achieve maximum value.

SERYUS PROPERTY GROUP THE PLAZA AT WEST END

H. SCOTT YOUNG Commercial Sales and Leasing Seryus Property Group LLC [email protected] 404-507-2597

THE TURNAROUND PEOPLE

At SERYUS we embark on the painstaking process of converting non-performing assets into thriving ones through our intimate knowledge of local commercial and multi-family markets. Thoughtful acquisition, renovation, leasing and management allows us to meet the market at the “sweet spot” between its current state and its future position, helping investors realize substantial asset appreciation while minimizing risk.

Agent Info





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THE PLAZA AT WEST END PRO-FORMA

Y1 Y2 Y3 Y4 Y5

Sale Price $3,900,000 $3,900,000 $3,900,000 $3,900,000 $3,900,000

TOTAL ASSET COST $3,900,000 $3,900,000 $3,900,000 $3,900,000 $3,900,000

REVENUES

Gross Rent (+10% Y4) $415,000 $415,000 $415,000 $456,500 $456,500

Other Income (events, parking, etc.)

$15,000 $15,000 $15,000 $15,000 $15,000

GROSS INCOME $430,000 $430,000 $430,000 $471,500 $471,500

Vacancy (8%) $34,400 $34,400 $34,400 $37,720 $37,720

EFFECTIVE GROSS RENT (EGR)

$395,600 $395,600 $395,600 $433,780 $433,780

OPERATING EXPENSES

$100,000 $100,425 $101,771 $105,260 $106,744

Taxes $52,000 $52,000 $52,000 $52,000 $52,000

Management (5%) $21,500 $21,500 $21,500 $23,575 $23,575

Insurance $18,000 $18,000 $18,900 $19,845 $20,837

Utilities $8,500 $8,925 $9,371 $9,840 $10,332

Sanitation $7,500 $7,500 $7,500 $7,500 $7,500

NET OPERATING INCOME

$288,100 $287,675 $286,329 $321,020 $319,536

DEBT SERVICE (Interest Only 5.5%)

$171,600 $171,600 $171,600 $171,600 $171,600

Loan 1 (@80 LTV) $3,120,000 $3,120,000 $3,120,000 $3,120,000 $3,120,000

CASH FLOW $116,500 $116,075 $114,729 $149,420 $147,936

ORIGINAL EQUITY INVESTMENT

$780,000 $780,000 $780,000 $780,000 $780,000

CASH-ON-CASH ROI 14.94% 14.88% 14.71% 19.16% 18.97%

CAP RATE 7.39% 7.38% 7.34% 8.23% 8.19%

DEBT COVERAGE RATIO

1.68 1.68 1.67 1.87 1.86




H. SCOTT YOUNG Commercial Sales and Leasing Seryus Property Group LLC [email protected] 404-507-2597

WESTSIDE ATLANTA:

MAJOR AREA INVESTMENT URBAN REVITALIZATION HISTORIC SIGNIFICANCE FLOURISHING RESTAURANTS POPULATION GROWTH ACCESS TO PUBLIC TRANSIT TOURIST DESTINATIONS

ATLANTA BELTLINE MERCEDES BENZ STADIUM MURPHY CROSSING PARK MOREHOUSE SCHOOL OF MEDICINE MONDAY NIGHT BREWING SITE

HISTORIC PLAZA

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1 THE PLAZA AT WEST END · 1 SERYUS PROPERTY GROUP, LLC 239 Walker St Unit B Atlanta, GA 30313 o: 404-507-2597 f: 404-393-8236 Seryus Property Group is pleased to present THE PLAZA