Village of College Park

LIHTC Exit in 2031 – Market Rate Flexibility

• LURA expires in 2031, offering the option to convert to market rate or apply for new LIHTC credits.
• 80% LIHTC units (60% & 50% AMI) ensure demand, while 20% market rate provides immediate upside.

Value-Add Potential

• Moderate interior upgrades (countertops, appliances, lighting) unlock rent premiums for market-rate units.
• Nearby comps at $1,398+, demonstrating strong rent growth potential.
• Water conservation improvements could save $16,000+ annually.

Prime Location – Thriving Residential Growth

• Quiet, residential setting with a new $400K+ home development across the street.
• Convenient access to retail, parks, and neighborhood services, enhancing tenant appeal.
• Proximity to Hartsfield-Jackson Airport & major job hubs ensures long-term demand.

High Occupancy & Reliable Income

• 93% occupied / 95% pre-leased, demonstrating strong demand.
• 35 housing voucher tenants provide stable, government-backed income.

Well-Amenitized & Family-Friendly

• Clubhouse, playground, grilling pavilion, laundry, & after-school program enhance tenant experience.