RIVERVIEW LANDING : THE OPPORTUNITY

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Darleen Fisher
5 years ago
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1 R IVERV IEW LANDING Exclusive offering for the residential for sale pods of the 82-Acre Master Planned Community located along the banks of the Chattahoochee River in Smyrna, Georgia. NEW DRONE SHOT P: F: P :1

RIVERVIEW LANDING : THE OPPORTUNITY Opportunity to purchase either all or individual pods of the residential components of Riverview Landing.

2 RIVERVIEW LANDING : THE OPPORTUNITY Opportunity to purchase either all or individual pods of the residential components of Riverview Landing. 12-acre city park which all residents can access will include plentiful greenspace, walking trails, biking trails, community theatre overlooking the river, boat storage and dock on the river. Prestwick Companies is under construction on The Eddy, featuring 310 Class A apartments. Rents expected to average $1,400 - $1,500/month. The Eddy includes 8,000 square feet of riverfront commercial space, including plans for a coffee shop, restaurant, and brewery. A second phase of multifamily is under contract. Preliminary plans include an additional 270 units with ground level retail and restaurant space. Opportunity to rework the current site plan to incorporate more density, through more detached or townhome lots. Location offers exceptional access to major employment centers: 0.25 miles from I miles from West Midtown 7.5 miles from Buckhead CBD 6 miles from Cumberland/Galleria 7 miles from Midtown 8 miles from Downtown Atlanta 12 miles from Hartsfield-Jackson International Airport P :2

RIVERVIEW LANDING : CURRENT SITE PLAN SFD & TOWNHOMES Pod C2 39 (16 ) Townhomes Pod E - 78 Townhomes (16, 20, 24 ) Pod C1 48 (50 ) Single Family Lots Under Construction

3 RIVERVIEW LANDING : CURRENT SITE PLAN SFD & TOWNHOMES Pod C2 39 (16 ) Townhomes Pod E - 78 Townhomes (16, 20, 24 ) Pod C1 48 (50 ) Single Family Lots Under Construction (Prestwick) 310 Class A luxury apartments, brewery, restaurant, coffee shop. Pod A2 35 (24 ) Townhomes Pod B 35 (24 ) Townhomes Under Contract Second phase of retail and multifamily P :3

4 RIVERVIEW LANDING : THE PARK A riverfront 12-acre park is being built by Prestwick Companies. Located along the Chattahoochee River, the park will include greenspace, walking trails, biking trails, community theatre overlooking the river, and a dock on the river. The park will be dedicated to the City of Smyrna so it will require no upkeep by the HOA. P :4

5 RIVERVIEW LANDING : ADDITIONAL PARK RENDERING P :5

6 RIVERVIEW LANDING : NEARBY NEW CONSTRUCTION MARKET 4400 West Pulte THs (24 ) - $560,000 ASP. Closed 22 4Q18. Westside Station Brock THs (20 ) $505,000 ASP SFD (45 ) - $541,000 ASP Quarter Pulte THs (20 ) listed from $530,000 6 Vinings on Chattahoochee Brock Built Out 2017, mid $300s. Minerva closed 19 in 2Q18 for $335, Westtown Brock THs high $500s+. SFD (40 ) ASP $615,000. Subject Property 2 1 The Chelsea Icon THs (20 ) from the $500s- $600s P :6

7 RIVERVIEW LANDING : CONSTRUCTION PROGRESS P :7

8 RIVERVIEW LANDING : VIEWS FROM POD E P :8

RIVERVIEW LANDING : MULTIFAMILY COMPONENT Prestwick Companies has started construction on a 310 unit Class A multifamily project known as 'The Eddy at Riverview Landing.

9 RIVERVIEW LANDING : MULTIFAMILY COMPONENT Prestwick Companies has started construction on a 310 unit Class A multifamily project known as 'The Eddy at Riverview Landing. The Eddy, which is slated for a Spring 2019 opening, will also house commercial space, including a coffee shop, restaurant, and brewery. Prestwick s project will cover approximately 11 acres on the NW and SW corners of the intersection of Riverview Road and Nichols Drive. The Eddy at Riverview Landing will feature one, two and three-bedroom residences with rents that are expected to average $1,400 - $1,500 per month. The construction of the multifamily and commercial components will activate the overall site and provide a tremendous marketing advantage for builders coming into the project at a later date. P :9

10 RIVERVIEW LANDING : ADDITIONAL MULTIFAMILY RENDERINGS P :10

11 RIVERVIEW LANDING : MA JOR EMPLOYMENT CENTERS P :11

12 RIVERVIEW LANDING : LOCATION MAP P :12

13 RIVERVIEW LANDING : LOCATION MAP P :13

286 Partially Developed Lots

EXCLUSIVE OFFERING OAKS AT CEDAR GROVE 286 Partially Developed Lots FULTON COUNTY l GEORGIA 286 Partially Developed Lots Oaks at Cedar Grove Fulton County, Georgia Disclosure / Confidentiality Statement