1993-078 Concord Village
Concord Village Apartments
Peachtree City, Georgia
Total Units: 180
Qualified Contract Price: $11,991,425
Current Financing: Refer to financing documents
Concord Village is currently encumbered by a term loan from NXT Capital, LLC in the original amount of $14,320,000 which is secured by first mortgages on Concord Village and a second apartment property, Gwinnett Station which is located in Tucker, Georgia.
Period Commencement: February 20, 2012
Concord Village Apartments is a multifamily apartment community located at 100 Peachtree Station Circle, Peachtree City, Georgia 30269. Constructed in 1995, Concord Village is situated on 20.83 acres and consists of twenty two and three story residential buildings and a leasing office/clubhouse.
Concord Village contains 180 apartment units, consisting of: twenty (20) two-bedroom, one and one-half bathroom units with approximately 1028 rentable square feet; sixty (60) three bedroom, two bathroom units with approximately 1224 rentable square feet; twelve (12) three bedroom, two bathroom units with approximately 1386 rentable square feet; and eighty-eight (88) four bedroom, two bathroom units with approximately 1386 rentable square feet. All units in the property are equipped with washer/dryer connections and outdoor storage areas.
The amenity package at Concord Village consists of a swimming pool, a playground, a basketball court, a laundry facility with ten washers and dryers, and an afterschool program. The afterschool program provides programming for elementary school through high school aged children, as well as certain adult programming. The afterschool program is staffed and run by The Association of Village Pride, Inc., a local non-profit organization, with the costs of the program being shared between the AV Pride and the property.
Constructed in 1995, the property contains wood frame construction with a combination of vinyl siding and brick veneer. The roofs are pitched and consist of plywood decking with asphalt shingles. All HVAC systems, hot water heaters and kitchen appliances at the property are powered by electricity provided by the Coweta-Fayette EMC. Water and sewer services are provided by Peachtree City, and waste removal services are provided by Waste Management.
Limited Partmership Agreement
Physical Needs Assessment
Property Financial Information
Disclaimer: With the exception of certain recorded documents, all information contained and/or referred to herein was provided by the owner. DCA makes no representations or warranties regarding the accuracy of such information.
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