HISTORIC DOWNTOWN DECATUR BUILDING

Transcription

1 HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL Desiree Palmer Advisor Andrew Agee Senior Advisor Juli Gerrits Associate Advisor SVN AVAT REALTY, LLC 2225 DRAKE AVENUE, SUITE 2, HUNTSVILLE, AL OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Property Summary Additional Photos Additional Photos LOCATION INFORMATION 7 Regional Map Location Maps Aerial Map DEMOGRAPHICS 11 Demographics Report Demographics Map SVN Real Estate Team Back Page HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST., DECATUR, AL OFFERING MEMORANDUM

3 1 PROPERTY INFORMATION 723 Bank St. Decatur, AL HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 3

4 Property Summary OFFERING SUMMARY Sale Price: $550,000 Lot Size: 0.1 Acres Year Built: 1900 PROPERTY OVERVIEW Located in charming Downtown Decatur, AL and previously housing the Blue and Gray Civil War Museum, this building offers flexibility for multiple uses to include retail, professional office or loft-style living. The property has historical features with refinished original hardwoods, original freight elevator, original windows and interior grand staircase. PROPERTY HIGHLIGHTS Historic building in charming Downtown Decatur, AL Building Size: Market: 10,080 SF Decatur Rare opportunity to purchase Original, refinished hardwoods Flexible, open floor plan allowing for multiple uses Submarket: Downtown Decatur Price / SF: $54.56 HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 4

5 Additional Photos HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 5

6 Additional Photos HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 6

7 2 LOCATION INFORMATION 723 Bank St. Decatur, AL HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 7

8 Regional Map Historic Downtown Decatur Building HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 8

9 Location Maps HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 9

10 Aerial Map Historic Downtown Decatur Building HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 10

11 3 DEMOGRAPHICS 723 Bank St. Decatur, AL HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 11

12 Demographics Report 1 MILE 3 MILES 5 MILES Total population 3,815 28,198 58,599 Median age Median age (male) Median age (female) Total households 1,550 11,001 23,609 Total persons per HH Average HH income $49,496 $45,627 $52,794 Average house value $73,409 $102,213 $126,836 * Demographic data derived from 2010 US Census HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 12

13 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 3,815 28,198 58,599 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,550 11,001 23,609 # of persons per HH Average HH income $49,496 $45,627 $52,794 Average house value $73,409 $102,213 $126,836 * Demographic data derived from 2010 US Census HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 13

14 SVN Real Estate Team MEET THE TEAM Biography Desiree Palmer Advisor Desiree is an advisor with SVN/AVAT Realty specializing in multi-family, self storage and medical office buildings Desiree holds an LL.M (Master of Laws) in Finance from the Institute for Law and Finance in Frankfurt, Germany and a J.D. from the University of Arizona's James E. Rogers College of Law. Desiree has been licensed to practice law in New York State since Desiree previously worked in Moscow, Russia as a legal associate in the area of banking and finance, including real estate finance. For the past several years Desiree has been advising in the area of distressed property sales. Andrew Agee Senior Advisor Andrew Agee is the Senior Managing Director for SVN International's Regional Multifamily Advisory office, having completed transactions in Tennessee, Alabama, Mississippi, and Georgia. The SVN Multifamily Team brokered over $2 Billion in multifamily sales in each of the last two years. SVN's commitment to excellence and their entrepreneurial spirit is reflected in their strict polic of sharing commission with other brokers regardless of the circumstances. This has been proven to increase demand for assets and, consequently, price. Andrew Agee and the Southeast Regional office are extremely customer centric, personable, knowledgeable and subscribe wholeheartedly to the SVN model of Win/ Win relationships, transparency, and cooperative real estate with all parties, including other brokers. Andrew is a member of the National Apartment Association, CCIM, Committee of 100 in Huntsville, is involved as a board member of a large local political committee in North Alabama, and serves on the board o the Margarita Society, a non profit organization that collects thousands of toys for various charitable organizations at Christmas. He is also involved with the Development Council of the Huntsville Hospital Foundation. = Juli Gerrits Associate Advisor Juli is an Associate Advisor with SVN Avat representing investors in the acquisition and disposition of income producing properties. Juli s clients benefit from wide exposure to investment buyers and properties with SVN's globally recognized commercial real estate brand while Juli s customer centric approach ensures a positive experience. desiree.palmer@svn.com andy.agee@svn.com juli.gerrits@svn.com HISTORIC DOWNTOWN DECATUR BUILDING 723 BANK ST. DECATUR, AL SVN AVAT Realty, LLC Page 14

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