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LOCATIONHwy. 20(Knox Bridge Hwy) and Upper
Sweetwater Trail. 10 minutes from I-75 and 15
minutes from Hwy.575. Close to Lake Allattona.
SCHOOLSCherokee High School
Freedom Middle School
J.Knox Elementry School
UTILITIESAll utilities are available to the property
except sanitary sewer.
AMENITIESSwimming pool, Tennis court, Children’s play
ground
TOPOGRAPHYFlat to gently rolling.
COMMENTS Close to Lake Allatoona, I-75, Lake Point
Sports, Red Top Mountain State Park, and
River Stone Plaza.
PROPERTY INFORMATION
UPPER SWEETWATER TRAIL, WHITE, GA 30184
WIL
LO
W R
ID
GE
S
UB
DIV
IS
IO
N
FOR SALE ASKING PRICE
LOTS
$2,280,000.00
57
WILLOW
RIDGE
LAKE
ALLATOONA
LAKE
POINT
SPORTS
AERIAL PHOTO
GEORGIA MAP
COUNTY MAP
75
75
85
20
675
285
575 985
20
85
400
Cherokee
Cobb
DouglasFulton
Fayette
Clayton
Henry
Rockdale
DaKalb
Gwinnett
Cumming
Dawsonville
Canton
PeachtreeCity
Cartersville
Dahlonega
Cleveland
Jefferson
WinderDuluth
Norcross
Rosewell
AlpharettaWoodstock
KennesawAcworth
Dallas
Mableton
Marietta SandySprings
Jonesboro
Riverdale
McDonough
Jackson
Campton
Monroe
Social Circle
Druid Hills
SmymaBrookhaven
North
East Point
Forest Park
Jonesboro
Tyrone
Newnan
Buford
Hampton
Griffin
Atlanta
Covington
Douglasville
Lawrenceville
Gainesville
Braselton
Flowery Branch
Villa Rica
Adairsville
JasperComelia
Rockmart
Monticello
Juliette
Piedmont NationalWildlife Refuge
Gray
Barnesville
136
401 575
16
185
403
ATLANTA MAP
AREA MAP
SITE PLAN
DISCLOSURE AND DISCLAIMER: City Group, Inc. (“Broker”) is acting as agent for the owner of this property. Information provided herein by Broker is not guaranteed or warranted and may not cover all material facts. Potential purchasers are responsible for verifying all material considerations and insuring that their offer is contingent upon such verification. Reproduction hereof, in whole or in part, without the prior written permission of Broker is strictly prohibited. This offer may be modified or withdrawn without any notice.
PRICE LIST FOR LOTS
LOT 20 0.92 $ 60,000.00LOT 21 1.00 $ 60,000.00LOT 22 1.85 $ 65,000.00LOT 23 1.36 $ 65,000.00LOT 24 1.12 $ 65,000.00LOT 25 1.12 $ 65,000.00LOT 26 1.00 $ 60,000.00LOT 27 0.93 $ 60,000.00LOT 28 1.00 $ 60,000.00LOT 29 1.09 $ 65,000.00LOT 30 0.95 $ 60,000.00LOT 31 0.95 $ 60,000.00LOT 32 0.95 $ 60,000.00LOT 33 0.96 $ 60,000.00LOT 34 0.92 $ 60,000.00LOT 35 0.92 $ 60,000.00LOT 36 0.92 $ 60,000.00LOT 37 0.93 $ 60,000.00LOT 38 0.99 $ 60,000.00LOT 39 0.99 $ 60,000.00LOT 40 1.40 $ 65,000.00LOT 41 1.46 $ 65,000.00LOT 42 0.92 $ 60,000.00LOT 43 0.92 $ 60,000.00LOT 44 0.92 $ 60,000.00LOT 45 0.93 $ 60,000.00LOT 46 1.04 $ 65,000.00LOT 47 0.93 $ 60,000.00LOT 48 0.93 $ 60,000.00LOT 49 0.93 $ 60,000.00LOT 50 0.93 $ 60,000.00LOT 51 0.92 $ 60,000.00LOT 52 0.92 $ 60,000.00LOT 53 1.09 $ 65,000.00LOT 54 0.98 $ 60,000.00
LOT 55 0.94 $ 60,000.00LOT 56 1.37 $ 65,000.00LOT 57 1.14 $ 65,000.00LOT 58 1.64 $ 65,000.00LOT 59 1.29 $ 65,000.00LOT 60 0.92 $ 60,000.00LOT 61 0.92 $ 60,000.00LOT 62 0.93 $ 60,000.00LOT 63 1.00 $ 60,000.00LOT 64 0.93 $ 60,000.00LOT 65 0.95 $ 60,000.00LOT 66 0.92 $ 60,000.00LOT 67 1.09 $ 65,000.00LOT 68 1.56 $ 65,000.00LOT 69 0.99 $ 60,000.00LOT 70 1.71 $ 65,000.00LOT 71 1.05 $ 65,000.00LOT 72 0.92 $ 60,000.00LOT 73 1.10 $ 65,000.00LOT 74 0.94 $ 60,000.00LOT 75 0.92 $ 60,000.00LOT 76 0.92 $ 60,000.00LOT 77 0.92 $ 60,000.00LOT 78 1.01 $ 65,000.00
Prices are subject to change without any notice.
PHOTOS OF SUBDIVISION
DISCLOSURE AND DISCLAIMER: City Group, Inc. (“Broker”) is acting as agent for the owner of this property. Information provided herein by Broker is not guaranteed or warranted and may not cover all material facts. Potential purchasers are responsible for verifying all material considerations and insuring that their offer is contingent upon such verification. Reproduction hereof, in whole or in part, without the prior written permission of Broker is strictly prohibited. This offer may be modified or withdrawn witht any notice.
AREA DEMOGRAPHICS
City : WHITE
Population (2013) Total %2012 Population 673
Population (2018) Total %2018 Population 682
Sex (2013) Total %Male 345 51.3%Female 328 48.7%
Age Distribution (2013) Total %0-4 42 6.2%5-9 46 6.8%10-19 97 14.4%20-29 76 11.3%30-39 91 13.5%40-49 109 16.2%50-59 95 14.1%60-64 40 5.9%65+ 79 11.7%
Race Distribution (2013) Total %White 619 92.0%Black 19 2.8%American Indian 2 0.3%Asian 1 0.1%Pacific Islander 0 0.0%Other 17 2.5%Multirace 15 2.2%Hispanic 34 5.1%
2013 Total Households Total %Households 237Families 186 78.5%
2013 Household Income Distribution Total %<$10 K 7 3.0%$10-$20K 29 12.2%$20-$30K 15 6.3%$30-$40K 31 13.1%$40-$50K 28 11.8%$50-$60K 21 8.9%$60-$75K 35 14.8%$75-$100K 37 15.6%> $100K 36 15.2%
2013 Labor Force Status Total %Labor Force 349Employed 321 92.0%Unemployed 28 8.0%In Armed Forces 0Not In Labor Force 172
2013 Total Number of Housing Total %Total Dwellings 267Owner-Occupied Dwellings 186 78.5%
Renter-Occupied Dwellings 51 21.5%Housing Units Occupied 237 88.8%
2013 Education Attainment Total %Population Age 25+ 449< Grade 9 23 5.1%Grade 9-12 63 14.0%High School 231 51.4%Some College 60 13.4%Assoc Degree 31 6.9%Bach Degree 20 4.5%Grad Degree 21 4.7%Non-Family 51 21.5%
2013 Size of Household Total %1 Person 41 17.3%2 Person 75 31.6%3 Person 47 19.8%4 Person 41 17.3%5 Person 24 10.1%6+ Person 6 2.5%
Sex (2018) Total %Male 351 51.5%Female 331 48.5%
Age Distribution (2018) Total %0-4 34 5.0%5-9 42 6.2%10-19 97 14.2%20-29 79 11.6%30-39 85 12.5%40-49 101 14.8%50-59 101 14.8%60-64 44 6.5%65+ 99 14.5%
Race Distribution (2018) Total %White 628 92.1%Black 19 2.8%American Indian 2 0.3%Asian 1 0.1%Pacific Islander 0 0.0%Other 18 2.6%Multirace 15 2.2%Hispanic 40 5.9%
2018 Total Households Total %Households 244Families 192 78.7%
2018 Household Income Distribution Total %<$10 K 7 2.9%$10-$20K 31 12.7%$20-$30K 7 2.9%$30-$40K 25 10.2%$40-$50K 37 15.2%$50-$60K 22 9.0%$60-$75K 31 12.7%$75-$100K 39 16.0%> $100K 46 18.9%
2018 Labor Force Status Total %Labor Force 363Employed 334 92.0%Unemployed 29 8.0%In Armed Forces 0Not In Labor Force 181
2018 Total Number of Housing Total %Total Dwellings 276Owner-Occupied Dwellings 191 78.3%Renter-Occupied Dwellings 53 21.7%Housing Units Occupied 244 88.4%
2018 Education Attainment Total %Population Age 25+ 466< Gr 9 24 5.2%Gr 9-12 66 14.2%High School 241 51.7%Some College 62 13.3%Assoc Degree 32 6.9%Bach Degree 20 4.3%Grad Degree 21 4.5%
2018 Size of Household Total %1 Person 42 17.2%2 Person 78 32.0%3 Person 48 19.7%4 Person 42 17.2%5 Person 25 10.2%6+ Person 6 2.5%
COUNTY PROFILE
Cherokee CountyLocated 40 miles northeast of Atlanta.
Population Latest data availableYear County GA (millions) U.S. (millions)2011 218,286 9.8 3112010 215,245 9.7 3092009 215,084 9.8 307
Per Capita Income
Year County GA U.S.2011 $36,898 $35,979 $41,5602010 $34,780 $34,531 $39,7912009 $34,450 $33,887 $38,637
COMMUNITY SCHOOLS: 37 county public schools with teachers, students in 2009; 8 private schools with 1,250 students in 2005.
HIGHER EDUCATION: Technical College: Chattahoochee - Woodstock Campus at Woodstock (12 miles) with 270 students.
2-yr: Gainesville College at Gainesville (44 miles) with 4,200 students.
4-yr: Kennesaw State University at Kennesaw (20 miles) with 19,000 students; Reinhardt College at Waleska (12 miles) with 1,078 students; Southern Polytechnic State Univ. at Marietta (23 miles) with 3,683 students.
There are 27 colleges and universities in the Atlanta area with a total enrollment of more than 100,000 students.
Local Taxes
PROPERTY: Property taxes are determined by tax rates and assessment ratios which vary by location and state. A realistic method to compare property taxes from different locations is to use the ‘effective tax rate’. Effective tax rates combine city, county, school, and state tax rates into one convenient figure – the annual tax for each $1,000 of property at its fair market value. This rate applies to all property – land, buildings, equipment and inventory. Certain property is exempt from local property tax.
PROPERTY: Property taxes are determined by tax rates and assessment ratios which vary by location and state. A realistic method to compare property taxes from different locations is to use the ‘effective tax rate’. Effective tax rates combine city, county, school, and state tax rates into one convenient figure – the annual tax for each $1,000 of property at its fair market value. This rate applies to all property – land, buildings, equipment and inventory. Certain property is exempt from local property tax.Effective Rates:City Year Within City Outside CityCanton 2009 $13.44 $10.72Woodstock 2009 $13.33 $10.72
SALES: City and county have 2% local sales tax in addition to the 4% state sales tax.
Incentives
INVENTORY (Freeport): Freeport is the general term used for the exemption of ad valorem tax on inventories as defined by Georgia law. The law offers manufacturers, distributors, wholesalers and warehouse operations an attractive inventory tax exemption on three classes of property.
Cherokee County exempts 100% on all classes of certain business inventory from property taxation.
JOB TAX CREDIT: Tier: 4, Amount: $1,250 as of 2013Tier refers to the economic well-being of a county. For more information go tohttp://www.dca.state.ga.us/economic/TaxCredits/programs/taxcredit.asp
JOINT DEVELOPMENT AUTHORITY: Yes
Municipal Services
FIRE PROTECTION: 12 full-time city personnel and 8 volunteers. Protection outside city limits. Fire insurance classification 5 in city and 9 outside. 5 rescue stations with 1 ambulance stationed at each.
ZONING: City and county have zoning ordinance and subdivision design standards.
Transportation
COMMERCIAL AIRPORT: Atlanta Airport (35 miles) service by Aeromexico, Air Canada, Air France, AirTran, America West, American, ASA, British Airways, Continental, Comair, Corporate, Delta, Frontier, Hooters, Korean Air, Lufthansa, Midwest, Northwest, South African, United, US Airways. Home of Phoenix Air Group, an international light jet transport service.
GENERAL AVIATION AIRPORT: Atlanta Airport (35 miles) with a 11,889 feet Bituminous runway, aircraft tiedown, airframe & power plant repair, hangar, lighted runway, VOR, ILS, NDB, 24-hour manned control tower; Canton Airport (local) with a 3,400 feet bituminous runway, aircraft tiedown, hangar, fuel.
RAIL: CSX piggyback - Atlanta (35 miles); Norfolk Southern piggyback - Atlanta (35 miles); Norfolk Southern rail - Canton (local). Northeastern Georgia Railroad serves all of Cherokee County.
WATER: Navigable River: Chattahoochee River (9 foot channel depth) with public barge dock at Columbus (149 miles). Seaport: Savannah Seaport (302 miles) with maintained channel depth of 42 feet.
Utilities
ELECTRICITY: A part of Georgia’s modern integrated electrical transmission system, Cherokee County has excellent ability to supply industrial demands. Compared to 47% for the U.S., coal accounts for 84% of fuel used by the state’s power generating plants. This assures long-term continuity. If demand exceeds 900kw, any supplier can step in and offer service.
NATURAL GAS: Supplied by Atlanta Gas Light Company and available in industrial quantities on an interruptible basis.
WATER: Plant capacity: 4,000,000 gal/day provided by city. Consumption: 2,440,000 gal/day average, 4,000,000 gal/day maximum. Elevated storage capacity: 2,650,000 gal. Source: Etowah River. Daily flow: 1,210 cu ft/sec average, 408 cu ft/sec minimum.
SEWER: Plant Capacity: 2,000,000 gal/day; Plant Load: 1,389,000 gal/day; Primary, secondary treatment plant.
NEWEST FIGURES SHOW NEW HOME SALES AND PRICES RISE IN ATLANTAPosted on: May 06, 2013 07:02:14 AM
In the Atlanta, GA market in January, new home closings rose year-over-year, and the percentage hike that was sharper than December 2012 seems to indicate improving market conditions. Closings gained 34.3% from a year earlier to 482. This was after the housing market saw an 18.7% boost year-over-year in December.
A total of 7,572 new homes were sold during the 12 months that ended in January, up from 7,449 for the year that ended in December.
Out of all housing closings, new home closings accounted for 6.7%. This marks a rise from 4.4% of total closings a year earlier. For new and existing homes, closings slid in January after also declining in December year-over-year.
Pricing and Mortgage Trends
Average price of newly sold homes had an 11.7% gain year-over-year to $286,920 per unit in January. This boost is better than the 1.9% rise in December year-over-year.
For newly sold homes, the average mortgage size saw a bump year-over-year along with new home prices. In January 2013, the average mortgage size on newly sold homes saw an 11.6% rise from a year earlier. In December 2012, average mortgage size rose 2.4% from a year earlier. On average, the percentage of new home sale price that was being financed went from 87.7% of average price to 87.5% from a year earlier. It moved from 83.1% in December 2011 to 83.5% in December 2012.
Other Market Trends
As a share of new home closings, single-family home closings have climbed from last year while the share belonging to attached units has fallen. Single-family home closings climbed from 86.6% of new closings in January 2012 to 88.2% of closings in January 2013. Meanwhile, attached units as a percentage of all new home closings declined to 11.8% of closings from 13.4% of closings.
There was a 29.2% decline year-over-year in the average unit size of newly sold homes to 1,670 square feet in January 2013. This drop was opposite the price lift, a pattern also seen in December 2012 when the average size of newly sold homes fell 22.3% to 1,958 square feet.
Foreclosures and real estate owned (REO) closings decreased in January from a year earlier, but stayed a drag on the market. Foreclosures and REO closings, taken together, represented 53.7% of existing closings, lower than 77.9% a year earlier. The percentage of existing home closings involving foreclosures slid to 22.8% in January from 41.2% a year earlier while REO closings as a percentage of existing home closings dipped to 30.9% from 36.7% a year earlier.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in the Atlanta, GA area.Source: Housing Intelligence
HOUSING INFORMATION IN ATLANTA
BUILDER CONFIDENCE RISES SIX POINTS IN JULY
July 16, 2013
Builder confidence in the market for newly built, single-family homes rose six points to 57 on the National Association
of Home Builders/Wells Fargo Housing Market Index (HMI) for July, released today. This is the index’s third consecutive
monthly gain and its strongest reading since January of 2006.
“Today’s report is particularly encouraging in that it shows improvement in builder confidence across every region as well
as solid gains in current sales conditions, traffic of prospective buyers and sales expectations for the next six months,” noted
NAHB Chairman Rick Judson, a home builder from Charlotte, N.C. However, he cautioned that “This positive momentum
could be disrupted by threats on the policy side, particularly with regard to the mortgage interest deduction and federal
support for the housing finance system.”
“Builders are seeing more motivated buyers coming through their doors as the inventory of existing homes for sale
continues to tighten,” noted NAHB Chief Economist David Crowe. “Meanwhile, as the infrastructure that supplies home
building returns, some previously skyrocketing building material costs have begun to soften.”
Derived from a monthly survey that NAHB has been conducting for 25 years, the NAHB/Wells Fargo Housing Market Index
gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,”
“fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to
very low.” Scores from each component are then used to calculate a seasonally adjusted index where any number over 50
indicates that more builders view conditions as good than poor.
All three HMI components posted gains in July. The component gauging current sales conditions rose five points to 60 –
its highest level since early 2006. Meanwhile, the component gauging sales expectations in the next six months gained
seven points to 67 and the component gauging traffic of prospective buyers rose five points to 45 – marking the strongest
readings for each since late 2005.
All four regions also posted gains in their HMI scores’ three-month moving averages. The Northeast showed a four-point
gain to 40 while the Midwest reported an eight-point gain to 54, the South posted a five-point gain to 50 and the West
measured a three-point gain to 51.
Editor’s Note: The NAHB/Wells Fargo Housing Market Index is strictly the product of NAHB Economics, and is not seen
or influenced by any outside party prior to being released to the public. HMI tables can be found at nahb.org/hmi. More
information on housing statistics is also available at housingeconomics.com.
BUILDERS INFORMATION
Downtown AtlantaDowntown At lanta is the histor ic business distr ict of At lanta. Downtown is the
largest of the c i ty ’s three commercial d istr icts, and is the locat ion of many
corporate or regional headquarters; c i ty, county, state and federal government
faci l i t ies; Georgia State Universi ty; sport ing venues; and most of At lanta’s tour ist
at t ract ions. Downtown measures approximately four square mi les, and had 26,700
residents as of 2010.
AREA INFORMATION
Lake Point SportsLakePoint Sport ing Community & Town Center, the largest and most
comprehensive sports tournament vacat ion dest inat ion in the wor ld. I t has more
than 1,200 acres featur ing state-of- the-art sports venues for more than 20 of
America’s favor i te sports, and 5 mi l l ion square feet of mixed-use development.
LakePoint Sport ing Community & Town Center wi l l be one of the wor ld ’s largest
and most unique Amateur Sports Complexes. LakePoint is organized into
f ive dist inct v i l lages that work together to create the ul t imate sports tour ism
dest inat ion.
Riverstone PlazaRiverstone Plaza is a 331,820 square foot retai l property located in Cherokee
County at Riverstone Pkwy & Reinhardt Col lege Pkwy in Canton, GA.
Lake AllatoonaLake Al latoona is a U.S. Army Corps of Engineers reservoir in Georgia, located in
northwestern metro At lanta. The lake is most ly in southwestern Cherokee County,
but a s igni f icant part is in southeastern Bartow County, and a smal l part in Cobb
County near Acworth. There are plenty of marinas, and boat related services,
found along the shore of the lake. There are a large number of campgrounds
around Lake Al latoona which means there is a wide range of camping services
and amenit ies avai lable.
Hartsfield - Jackson Atlanta International AirportHartsf ie ld-Jackson At lanta Internat ional Airport is the wor ld ’s busiest a i rport , wi th
near ly 90 mi l l ion passengers annual ly. Hartsf ie ld is located seven mi les south
of the central business distr ict of At lanta, Georgia. The airport developed a new
internat ional Terminal for At lanta’s Internat ional v is i tors. The airport has 207
domest ic and internat ional gates.