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3.01 +/- Acres - Zoned Multifamily - 215 Stephens St Dahlonega, GA 30533 3.01 +/- acres zoned R-3 in the City of Dahlonega which allows for a maximum density of 8 units per acre Property has easy access to Main Street, Hwy 52, Hwy 19, Hwy 60, and GA 400 Property is walkable to the historical downtown Dahlonega area and the University of North Georgia Given the density and size of the property, according to the City of Dahlonega you could fit 24 units on land Adjacent to the Willow Creek apartment complex, a 30 unit mul-family development built in 2002 Property is walkable to local retail and shopping, near Wal-Mart and across the street from Fresh N Frugal Current site plan has three 12,288 square foot buildings with 43 parking spots All ulies available, sewer is available on property. Has grandfathered stream buffer setbacks. Asking Price: $225,000 — Priced to sell! Seller is encouraging ALL proposals FOR SALE nortoncommercial.com The informaon contained herein is from other sources believed to be reliable. No independent invesgaon of the property or the informaon contained herein has been made, and no representaon is made as to the accuracy or completeness thereof. Properes are subject to sale, withdrawal and other sales or rental condion. Terms are subject to errors, and change without noce. 215 Stephens Street Dahlonega, GA — 3.01 +/- Acres of Apartment Land 0.6 Miles 3.01 +/- Acres Zoned Mulfamily Michael Young Stephen Lovett 770.718.5240 770.842.6635 [email protected] [email protected]

FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

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Page 1: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

3.01 +/- Acres - Zoned Multifamily - 215 Stephens St Dahlonega, GA 30533

3.01 +/- acres zoned R-3 in the City of Dahlonega which allows for a maximum density of 8 units per acre

Property has easy access to Main Street, Hwy 52, Hwy 19, Hwy 60, and GA 400

Property is walkable to the historical downtown Dahlonega area and the University of North Georgia

Given the density and size of the property, according to the City of Dahlonega you could fit 24 units on land

Adjacent to the Willow Creek apartment complex, a 30 unit multi-family development built in 2002

Property is walkable to local retail and shopping, near Wal-Mart and across the street from Fresh N Frugal

Current site plan has three 12,288 square foot buildings with 43 parking spots

All utilities available, sewer is available on property. Has grandfathered stream buffer setbacks.

Asking Price: $225,000 — Priced to sell! Seller is encouraging ALL proposals

FOR SALE nortoncommercial.com

The information contained herein is from other sources believed to be reliable. No independent investigation of the property or the information contained herein has been made, and no representation is made as to the

accuracy or completeness thereof. Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice.

215 Stephens Street Dahlonega, GA — 3.01 +/- Acres of Apartment Land

0.6 Miles

3.01 +/- Acres

Zoned Multifamily

Michael Young Stephen Lovett

770.718.5240 770.842.6635

[email protected] [email protected]

Page 2: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

LOCATION

nortoncommercial.com

The information contained herein is from other sources believed to be reliable. No independent investigation of the property or the information contained herein has been made, and no representation is made as to the

accuracy or completeness thereof. Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice.

Yellow line represents very approximate boundary lines.

Michael Young Stephen Lovett

770.718.5240 770.842.6635

[email protected] [email protected]

Page 3: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

nortoncommercial.com

The information contained herein is from other sources believed to be reliable. No independent investigation of the property or the information contained herein has been made, and no representation is made as to the

accuracy or completeness thereof. Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice.

Picture of Property

Michael Young Stephen Lovett

770.718.5240 770.842.6635

[email protected] [email protected]

Page 4: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

nortoncommercial.com

The information contained herein is from other sources believed to be reliable. No independent investigation of the property or the information contained herein has been made, and no representation is made as to the

accuracy or completeness thereof. Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice.

Picture of Adjacent Property

Michael Young Stephen Lovett

770.718.5240 770.842.6635

[email protected] [email protected]

Property Pictured Below is Not Property Being Sold

Page 5: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

nortoncommercial.com

The information contained herein is from other sources believed to be reliable. No independent investigation of the property or the information contained herein has been made, and no representation is made as to the

accuracy or completeness thereof. Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice.

TOPOGRAPHY

Parcel Number: D10_063

Michael Young Stephen Lovett

770.718.5240 770.842.6635

[email protected] [email protected]

Page 6: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

Michael Young Stephen Lovett

770.718.5240 770.842.6635

[email protected] [email protected]

AERIAL nortoncommercial.com

The information contained herein is from other sources believed to be reliable. No independent investigation of the property or the information contained herein has been made, and no representation is made as to the

accuracy or completeness thereof. Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice.

Yellow line represents very approximate boundary lines.

CROWN MOUNTAIN

SWIM & TENNIS CLUB

Page 7: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,
Page 8: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,
Page 9: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,
Page 10: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,
Page 11: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

Executive SummaryStephens Street Apatment Site Prepared by Esri215 Stephens St, Dahlonega, Georgia, 30533 Latitude: 34.53955Drive Times: 5, 10, 15 minute radii Longitude: -83.98039

5 minutes 10 minutes 15 minutesPopulation

2000 Population 2,191 6,139 12,7302010 Population 3,029 8,081 17,1732015 Population 3,465 8,682 17,9902020 Population 3,546 8,859 18,3162000-2010 Annual Rate 3.29% 2.79% 3.04%2010-2015 Annual Rate 2.59% 1.38% 0.89%2015-2020 Annual Rate 0.46% 0.40% 0.36%2015 Male Population 50.6% 49.5% 49.8%2015 Female Population 49.4% 50.5% 50.2%2015 Median Age 24.5 29.2 33.3

In the identified area, the current year population is 17,990. In 2010, the Census count in the area was 17,173. The rate of change since 2010 was 0.89% annually. The five-year projection for the population in the area is 18,316 representing a change of 0.36% annually from 2015 to 2020. Currently, the population is 49.8% male and 50.2% female.

Median Age

The median age in this area is 24.5, compared to U.S. median age of 37.9.Race and Ethnicity

2015 White Alone 87.1% 90.2% 91.8%2015 Black Alone 5.7% 3.5% 2.6%2015 American Indian/Alaska Native Alone 0.5% 0.5% 0.6%2015 Asian Alone 1.3% 1.2% 0.9%2015 Pacific Islander Alone 0.0% 0.1% 0.1%2015 Other Race 2.7% 2.3% 1.9%2015 Two or More Races 2.7% 2.2% 2.1%2015 Hispanic Origin (Any Race) 6.7% 6.5% 5.6%

Persons of Hispanic origin represent 5.6% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 24.6 in the identified area, compared to 63.0 for the U.S. as a whole.

Households2000 Households 503 2,053 4,4982010 Households 631 2,700 6,1892015 Total Households 652 2,753 6,2852020 Total Households 676 2,826 6,4302000-2010 Annual Rate 2.29% 2.78% 3.24%2010-2015 Annual Rate 0.63% 0.37% 0.29%2015-2020 Annual Rate 0.73% 0.52% 0.46%2015 Average Household Size 3.37 2.53 2.49

The household count in this area has changed from 6,189 in 2010 to 6,285 in the current year, a change of 0.29% annually. The five-year projection of households is 6,430, a change of 0.46% annually from the current year total. Average household size is currently 2.49, compared to 2.50 in the year 2010. The number of families in the current year is 4,154 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

February 13, 2016

©2015 Esri Page 1 of 2

Page 12: FOR SALE - LoopNet...Properties are subject to sale, withdrawal and other sales or rental condition. Terms are subject to errors, and change without notice. 215 Stephens Street Dahlonega,

Executive SummaryStephens Street Apatment Site Prepared by Esri215 Stephens St, Dahlonega, Georgia, 30533 Latitude: 34.53955Drive Times: 5, 10, 15 minute radii Longitude: -83.98039

5 minutes 10 minutes 15 minutesMedian Household Income

2015 Median Household Income $22,565 $37,313 $43,2652020 Median Household Income $27,286 $43,264 $50,8202015-2020 Annual Rate 3.87% 3.00% 3.27%

Average Household Income

2015 Average Household Income $36,940 $50,449 $54,9832020 Average Household Income $41,612 $57,058 $62,0412015-2020 Annual Rate 2.41% 2.49% 2.44%

Per Capita Income2015 Per Capita Income $12,963 $17,557 $19,4102020 Per Capita Income $14,716 $19,940 $21,9702015-2020 Annual Rate 2.57% 2.58% 2.51%

Households by IncomeCurrent median household income is $43,265 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $50,820 in five years, compared to $60,683 for all U.S. households

Current average household income is $54,983 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $62,041 in five years, compared to $84,910 for all U.S. households

Current per capita income is $19,410 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $21,970 in five years, compared to $32,501 for all U.S. households Housing

2000 Total Housing Units 551 2,280 4,8962000 Owner Occupied Housing Units 212 1,225 3,0672000 Renter Occupied Housing Units 290 828 1,4312000 Vacant Housing Units 49 227 398

2010 Total Housing Units 716 3,201 7,2022010 Owner Occupied Housing Units 224 1,483 4,0252010 Renter Occupied Housing Units 407 1,217 2,1642010 Vacant Housing Units 85 501 1,013

2015 Total Housing Units 748 3,307 7,4122015 Owner Occupied Housing Units 210 1,424 3,8872015 Renter Occupied Housing Units 442 1,329 2,3982015 Vacant Housing Units 96 554 1,127

2020 Total Housing Units 782 3,422 7,6472020 Owner Occupied Housing Units 214 1,458 3,9692020 Renter Occupied Housing Units 462 1,368 2,4612020 Vacant Housing Units 106 596 1,217

Currently, 52.4% of the 7,412 housing units in the area are owner occupied; 32.4%, renter occupied; and 15.2% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 7,202 housing units in the area - 55.9% owner occupied, 30.0% renter occupied, and 14.1% vacant. The annual rate of change in housing units since 2010 is 1.29%. Median home value in the area is $171,944, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 0.26% annually to $174,171.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

February 13, 2016

©2015 Esri Page 2 of 2