CS1031 SE Apartment Portfolio II, DST

CS1031 SE Apartment Portfolio II, DST

First Year Cash Return: 5.72 %
Property Type: Multi-Family
Loan to Value: 70%
Equity Available: $748,999
*Final numbers are subject to change upon loan cloasing.

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Submarket Highlights • The Macon-Warner Robins apartment market had an occupancy rate of 97.6% and year-to-date annualized rent growth of 4.0% as of September 2019.1 • REIS forecasts an average annual rent growth of 3.1% and an average occupancy rate of 96.5% in the Macon- Warner Robins apartment market through 2023.1 • The unemployment rate was 3.2% in the Macon-Bibb County-Warner Robins, GA combined statistical area as of September 2019.2 • Site Selection magazine named Georgia as the state with the Best Business Climate for a record seventh year in a row, reflecting the state’s attractive workforce, infrastructure, economic development policies, and business costs in November 2019.3 • Robins Air Force Base, Georgia’s largest single-site industrial complex,4 is a major contributor to economic growth in the Macon-Warner Robins market. Sources: 1. Colliers International | 2. News-Press Data Central | 3. Site Selection | 4. U.S. Air Force Fact Sheet, Robins Air Force Base Market information is provided for educational purposes and is general in nature. It may not predict the performance of the property. Location Overview Middle Georgia Middle Georgia is anchored by the Macon-Bibb County and Warner Robins-Houston County economies. Known as Georgia’s “Aerospace Corridor,” Middle Georgia is home to the state’s largest concentration of aerospace-related industry activity, including more than 100 companies and contractors.5 42 74 49 75 16 16 112 96 75 Macon Warner Robins Bond Swamp National Wildlife Refuge A tl ant a Ma c o n War ner Ro b ins Macon Macon is strategically located at the crossroads of Interstates 75 and 16. The city benefits from convenient access to rail, road and air supply lines. Macon is home to major employers, including GEICO, Navicent Health Medical Center, Coliseum Health Systems and Mercer University.5 Warner Robins Warner Robins is a part of Houston County in central Georgia. It is the 9th largest city in the state6 and is known as Georgia’s “International City.” Located 90 miles southeast of Atlanta and 23 miles south of Macon, the economy of Warner Robins is based on military, manufacturing and agriculture as well as the city’s highway access to the Port of Savannah. 5. Houston Development Authority | 6. City of Warner Robins Location information is provided for educational purposes and is general in nature. It may not predict the performance of the property. 42 74 49 57 75 16 16 112 96 75 Macon Warner Robins Bond Swamp National Wildlife Refuge 20 19 18 17 16 15 13 14 12 11 10 9 8 7 6 5 4 3 2 1 28 29 25 26 27 23 24 22 21 A u s t i n Ch a s e A p a r tm e nt s T h e V i s t a s A p art m e n t s S o ut hl a n d S t a t i o n Ap a r tm e nt s H un ti n g to n C hase A p a r t m en ts Major Employers Nearby Retail Destinations Shoppes at River Crossing Plantation Center Nearby Education Middle Georgia State University Mercer University Points of Interest Medical Center Navicent Health Middle Georgia Regional Airport Robins Air Force Base The Museum of Aviation Port of Savannah Ricoh USA – 575 jobs Bass Pro Shops – 400 jobs Blue Bird Corporation – 1,982 jobs GEICO Corporate O‹ce – 5,690 jobs YKK (USA), Inc. – 650 jobs General Steel, Inc. Armstrong World Industries – 400 jobs Pepsi Bottling Group California Cereal Products Graphic Packaging International – 840 jobs Freudberg Texbond Kumho Tires (New Plant) – 364 jobs Tractor Supply Company Amazon Fulfillment Center Aspens Products (Manufacturing) Inc. First Quality – 450 jobs Northrop Grumman – 500 jobs Frito Lay Inc. – 1,512 jobs MBM Corporation 20 Perdue Farms Inc. – 2,267 jobs 21 22 23 24 25 26 27 28 29 19 18 16 17 15 14 13 12 11 10 9 6 8 7 5 3 4 2 1 Source: Cushman & Wakefield The Vistas Apartments 4150 Arkwright Road, Macon, Georgia 31210 • 144-unit multifamily community with 12 residential buildings • 32% of apartment units have received upgrades • Located seven miles from Downtown Macon Community Amenities • Business center • Clubhouse & leasing center • Fitness center • Grilling & picnic area • Laundry facility • Pet park & play area • Playground • Swimming pool • Tennis court Austin Chase Apartments 291 Plantation Centre Drive N, Macon, Georgia 31210 • 256-unit multifamily community with 29 residential buildings • 31% of apartment units have received upgrades • Located nine miles from Downtown Macon Community Amenities • Bark park • Car care center • Children’s playground • Clothes care center • Clubhouse & leasing center • Executive business center • Fire pit gathering area • Fitness center • Gated community access • Indoor racquetball court • Outdoor kitchen & lounge • Swimming pool • Tanning bed • Tennis courts • Detached garages available for rent Southland Station Apartments 210 Southland Station Drive, Warner Robins, Georgia 31088 • 304-unit multifamily community with 21 residential buildings • 45% of apartment units have received upgrades • Located two miles from Downtown Warner Robins Community Amenities • Boat & RV parking • Business center • Car care center • Clubhouse & leasing center • Dog park • Fitness center • Grilling & picnic area • Laundry facility • Playground • Swimming pools • Tea garden • Tennis & sand volleyball courts Huntington Chase Apartments 1010 South Houston Lake Road, Warner Robins, Georgia 31088 • 200-unit multifamily community with 9 residential buildings • 66% of apartment units have received upgrades • Located five miles from Downtown Warner Robins Community Amenities • Business center • Car wash area • Clubhouse & leasing center • Detached garages • Dog park • Fitness center • Gated community access • Grilling & picnic area • Laundry facility • Playground • Swimming pool with fountain • Tennis court