Fulton

Fulton County
92.0%
Market-Rate
Total Units
Surveyed
43,919
91.4%
Tax Credit
91.3%
Ove ra ll M R R
Subsidized
TAX
County
99.0%
97.4%
210
10 0 %
95%
90%
85%
80%
75%
70%
65%
60%
55%
50%
92.6%
Overall
Occupancy Rate
90.4%
Occupancy
Rates
91.5%
Total
Properties
S UB
State
Gross Rent Comparisons
2-BR Gross Re nts
Unit Type
Market-Rate
Tax Credit
Overall
Median
60% Max.
Allowable
Fair Market
Rent
Studio
One-Bedroom
Two-Bedroom
Three-Bedroom
Four+-Bedroom
$471 - $1,171
$461 - $865
$755
$754
$757
$333 - $5,203
$392 - $992
$877
$808
$820
$471 - $4,223
$393 - $1,293
$952
$970
$912
$609 - $8,272
$436 - $1,154
$1,053
$1,120
$1,110
$1,137 - $3,348
$611 - $1,219
$1,318
$1,249
$1,211
$9 8 0
$9 6 0
$9 4 0
$9 2 0
$9 0 0
$8 8 0
M ed ian
60%
M ax
FM R
County Demographics
US Census, ESRI &
Claritas Estimates
1990 Census
2000 Census
Change 1990-2000
Percent Change 1990-2000
2010 Estimated
Change 2000-2010
Percent Change 2000-2010
2015 Projected
Change 2010-2015
Percent Change 2010-2015
2010 County Unemployment
(Rank in State)
10.6% (66th)
Low-Income HH Growth 2010-2015
18.5% 18.6%
12 . 0 %
2 0 .0 %
10 . 0 %
8.0%
6.0%
-8,529 (-2.0%)
4.0%
Top Three Industry Sectors
2.0%
Bowen National Research
www.bowennational.com
(614)-833-9300
Family Renters Senior 55+ Renters
$10k-$40k (HH)
$10k-$30k (HH)
56,165
9,436
53,548
12,710
-2,617
3,274
-4.9%
25.8%
50,040
15,601
-3,508
2,891
-7.0%
18.5%
Growth 2010-2015
11.8%
11.8%
Employment Change (2009-2010)
1. Technical (12.9%)
2. Retail Trade (10.1%)
3. Healthcare (9.7%)
Households
(HH)
257,138
321,239
64,101
24.9%
404,800
83,561
26.0%
452,766
47,966
11.8%
Population
648,945
815,998
167,053
25.7%
1,047,824
231,826
28.4%
1,171,457
123,633
11.8%
7.6%
7.5%
15 .0 %
10 .0 %
3.9%
3.9%
5 .0 %
0 .0 %
- 5 .0 %
0.0%
Population House holds
County
State
US
- 10 .0 %
-3.3%
-7.0%
F a m ily
County
S e n io r 5 5 +
State
Fulton County - Central Submarket
92.6%
Market-Rate
Total Units
Surveyed
26,632
92.2%
Tax Credit
90.0%
Ove ra ll M R R
Subsidized
TAX
Submarket
99.0%
97.4%
134
10 0 %
95%
90%
85%
80%
75%
70%
65%
60%
55%
50%
92.6%
Overall
Occupancy Rate
90.4%
Occupancy
Rates
91.5%
Total
Properties
S UB
State
Gross Rent Comparisons
2-BR Gross Re nts
$9 8 0
Unit Type
Market-Rate
Tax Credit
Overall
Median
60% Max.
Allowable
Fair Market
Rent
$9 6 0
Studio
One-Bedroom
Two-Bedroom
Three-Bedroom
Four+-Bedroom
$501 - $1,171
$461 - $865
$755
$754
$757
$552 - $5,203
$392 - $992
$937
$808
$820
$597 - $4,223
$393 - $1,293
$988
$970
$912
$774 - $8,272
$436 - $1,154
$1,009
$1,120
$1,110
$1,161 - $1,439
$611 - $1,219
$1,053
$1,249
$1,211
$1,0 0 0
$9 4 0
$9 2 0
$9 0 0
$8 8 0
$8 6 0
M ed ian
60%
M ax
FM R
Submarket Demographics
US Census, ESRI &
Claritas Estimates
1990 Census
2000 Census
Change 1990-2000
Percent Change 1990-2000
2010 Estimated
Change 2000-2010
Percent Change 2000-2010
2015 Projected
Change 2010-2015
Percent Change 2010-2015
2010 County Unemployment
(Rank in State)
10 . 0 %
9.0%
10.6% (66th)
8.0%
Employment Change (2009-2010)
6.0%
-8,529 (-2.0%)
4.0%
Top Three Industry Sectors
2.0%
1. Technical (12.5%)
2. Healthcare (10.2%)
3. Education (10.2%)
Bowen National Research
www.bowennational.com
(614)-833-9300
Households
(HH)
142,511
155,976
13,465
8.6%
190,392
34,416
18.1%
210,847
20,455
9.7%
Population
358,019
386,697
28,678
7.4%
473,201
86,504
18.3%
520,373
47,172
9.1%
Growth 2010-2015
9.7%
9.1%
7.5%
Low-Income HH Growth 2010-2015
19.8%
18.6%
7.6%
2 0 .0 %
15 .0 %
7.0%
5.0%
Family Renters Senior 55+ Renters
$10k-$40k (HH)
$10k-$30k (HH)
33,484
6,555
34,958
9,234
1,474
2,679
4.2%
29.0%
33,957
11,518
-1,001
2,284
-2.9%
19.8%
3.9%
3.9%
10 .0 %
5 .0 %
3.0%
0 .0 %
1. 0 %
0.0%
Population House holds
Submarke t
State
US
- 5 .0 %
-2.9%-3.3%
F a m ily
Submarke t
S e n io r 5 5 +
State
Fulton County – Central Submarket
Below is a listing of all the properties that were surveyed in the Central Submarket of Fulton
County (additional properties may have been identified but were not included in the survey).
Following the listing is a map showing the locations of the properties within the county.
Property Name
1016 Lofts
1660 Peachtree Apts.
450 Piedmont Apts.
626 Dekalb Apt. Homes
771 Lindbergh Apts.
Alexan 360
Alexander on Ponce
Alta Pointe
Amal Heights I & II
Arbor Gates at Buckhead
Arbors at Berkeley
Archstone Cheshire Bridge
Arts Center Tower Apts.
Ashley at Auburn Pointe I
Ashley West End
Aspen Courts
Auburn Glenn Apts.
Baptist Towers
Brentwood Village
Brookview Townhomes
Camden Brookwood
Capitol Gateway I & II
Caribu Apts.
Centra Villas
City Plaza
City View at Freedom Parkway
City View at Rosa Burney Park
Apts.
Cityscape at Midtown
Collier Ridge
Colonial Homes
Colonial Square Apts.
Columbia at Mechanicsville Station
Columbia at Peoplestown
Columbia at South River Gardens
Columbia Blackshear Senior
Residences
Property
Type
MRT
MRR
MRR
MRR
MRR
MRR
MRR
MRT
MRT
MRR
MRR
MRR
MRR
TMG
TMG
MRR
MRT
TMG
TAX
MRR
MRR
TMG
MRR
MRR
MRT
MRR
Year
Built
2003
1999
1998
2007
2000
2009
2003
2006
1989
2000
1953
2006
1965
2010
2000
1968
2004
1972
1968
1968
2002
2006
1964
1970
1996
2003
Total
Units*
265
355
254
204
204
592
300
230
192
304
130
164
119
154
112
157
271
301
506
56
359
421
166
132
164
202
TMG
MRR
MRR
MRR
MRT
TMG
MRT
TGS
1972
1989
1980
1948
1977
2008
2003
2011
180
192
300
253
192
164
99
0
TGS
2007
77
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Fulton County – Central Submarket
Continued
Property Name
Columbia Crest
Columbia High Point
Columbia Plaza Apts.
Constitution Apts.
Courtyard at Maple
Crogman School Apts.
Deerfield Gardens
Defoor Ridge
Edgewood Center
Fernwood
Flipper Temple
Fulton Cotton Mill
Gables 820 West
Gateway Apts. At Northside Village
GE Tower
Georgian Hills
Gladstone Apts.
Golf Vista Apts.
Greenbriar Commons
Harmony Plaza II
Hartford Place
Heights Armour Apts.
Henderson Place
Heritage Green Apts.
Heritage Station I
Heritage Station II
Hidden Hollow Apts.
Highbury Court
Highland Ridge
Highland Walk
Hollywood Apts.
Imperial Hotel
Intown Lofts
Kirkwood Flats
Lakeshore Crossing
Lakewood Christian Manor
Lillie R. Campbell
Manor IV
Mariposa Lofts
Property
Type
TMG
TGS
TAX
TGS
MRT
TMG
MRR
MRR
TGS
MRR
TGS
MRT
MRR
MRR
TMG
MRR
MRG
MRR
TAX
MRR
MRR
MRR
TAX
TMG
TMG
TMG
MRR
TAX
MRR
MRR
MRG
TGS
MRR
MRR
MRR
TGS
MRT
MRR
MRR
Year
Built
2005
2001
1967
2006
1994
1923
1996
1974
1915
1987
1978
1881
2008
2004
2005
1968
1949
1973
1974
1969
1968
2008
1950
1975
2006
2007
1991
1978
1978
2003
1968
1911
2003
1974
1995
1973
2008
1975
2005
Total
Units*
152
94
94
166
182
105
376
60
46
120
123
207
248
261
202
250
302
200
174
169
351
372
58
109
220
150
216
172
219
350
80
120
87
24
146
250
96
79
253
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Fulton County – Central Submarket
Continued
Property Name
Mezzo Luxury Apts.
Midtown West Apts.
Moores Mill Village
Myrtle Street Apts.
North High Ridge
Northside Plaza
Oglethorpe Place
Overlook Atlanta Center
Park at Lakewood
Park Commons
Parkside at Buckhead
Pavilion Place
Peoplestown Villa
Phipps Place
Post Collier Hills
Post Parkside
Preserve at Bent Creek
Preserve at Cascade
QLS Garden
Rachel’s Court
Riverwood Club Apts.
Roosevelt Historic Apts.
Rosa Burney Manor Apts.
Santa Fe Villas
Savannah Midtown
Seven Courts Apts.
Shamrock Garden Apts.
Station at Richmond Hill
Station Square
Stonecreek Apts.
Stonewall Lofts
Summerdale Commons
Summit Midtown
The Alexander at the District
The Atrium at College Town
The Atrium in Buckhead Village
The Bennington
The Burnett at Grand Park
The Darlington
Property
Type
MRR
MRR
MRT
MRT
MRR
MRT
MRT
MRR
TAX
TMG
MRR
TMG
MRR
MRR
MRR
MRR
TAX
MRT
MRR
MRR
MRR
MRR
TAX
TGS
MRR
TAX
MRR
MRT
MRR
MRR
MRR
MRR
MRR
MRR
TGS
MRR
MRR
MRR
MRR
Year
Built
2008
1954
1973
1952
1920
1992
1996
1968
1964
1967
1976
1966
1964
2003
1997
1999
2006
2005
1973
1970
1998
1924
1963
1953
2001
1987
1966
1985
1958
1971
1998
1994
2002
2007
1965
2002
1984
2006
1951
Total
Units*
94
358
172
32
140
127
144
478
298
328
162
240
20
266
396
188
324
210
202
64
144
120
54
147
322
171
344
181
100
232
38
96
297
280
190
230
236
54
612
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Fulton County – Central Submarket
Continued
Property Name
The Manor at Scott's Crossing
The Manor I
The Manor III
The Peaks at Martin Luther King
The Preserve at Collier Ridge
The Square at Peoplestown
The Veranda at College Town
The Villages at Carver
The Villages at Castleberry Hill
The Waterford on Piedmont
Townview Station Apts.
Tuscany at Lindbergh
Veranda at Auburn Pointe
Veranda at Carver
Veranda II at Auburn Pointe
Vineyards at Brown's Mill
Waterford on Piedmont
Wells Court Commons
Westhampton Courts
Westminister at Buckhead Apts.
Woods at Glenrose
Property
Type
TGS
MRR
MRR
MRT
MRR
TAX
MRG
TMG
TMG
MRR
MRR
MRR
TGS
TMG
TMG
MRT
MRR
TAX
MRR
MRR
TAX
Year
Built
2011
1954
1950
2005
1973
1999
2005
2001
1999
2004
1990
2001
2008
2006
2011
2006
2004
1991
1963
1999
1930
Total
Units*
0
45
126
183
419
94
100
667
442
153
278
324
124
90
0
209
153
62
52
224
142
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Low-Income Renter HH Growth 2010-2015
Fulton County (Central Sub-Market)
Windy Hill SE Rd
Marietta
Marietta
Spring SE Rd
W
Rd
Rd
Rd
§
¨
¦
85
§
¨
¦
E Wesley NE Rd
41
£
¤
237
S
T
North
North Druid
Druid Hills
Hills
rie
Ma
78
13
S
T
lv d
85
280
T
S
78
£
¤
Joseph E Boone NW Blvd
23
£
¤
Druid
Druid Hills
Hills
Monroe
N
§
¨
¦
42
T
S
Decatur
Decatur
10
S
T
278
£
¤
Ri
ve
rsi
de
Pk
y
70
S
T
Fairburn NW Rd
20
E Dr
WB
d
N
tta
Atlanta
Atlanta
Lenox NE R
285
£
¤
§
¨
¦
North
North Atlanta
Atlanta
yN
ry NW
75
§
¨
¦
Mableton
Mableton
rr
Fe
ctor
T
S
19
r
W P
aces
Fer
Chamblee
Chamblee
ers
WD
41
£
¤
SE
on
ne
cto E W
est
r
Con
ne
Vinings
Vinings
141
£
¤
w
Po
Smyrna
Smyrna
a
nt
la
At
Rd
yd
Flo
W
es
tC
£
¤
N
ide
ths
E
Sandy
Sandy Springs
Springs
41
Nor
5
T
S
§
¨
¦
§
¨
¦
Sylvan SW Rd
Dr
29
£
¤
n
College
College Park
Park
rt B
lvd
Fa
irb
ur
n
29
£
¤
Airp
o
Ol
d
1.5
2
23
£
¤
e
Av
23
Gresham
Gresham Park
Park
£
¤
Constitution SE Rd
§
¨
¦
675
Hapeville
Hapeville
§
¨
¦
75
§
¨
¦
285
§
¨
¦
675
Forest
Forest Park
Park
Conley
Conley
Legend
Miles
Data Sources: Bowen National Research and Nielsen Claritas
Low-income renters are the total number of families
(householder less than age 55) earning between $10k-$40k AND
the total number of seniors (householder age 55 or greater)
earning between $10k-$30k.
Rd
Rd
1
SE
tral
Ave
SW
Rd
En
o
ll Tell
0 0.250.5
od
wo
e
k
La
Custer SE Ave
µ
Bouldercrest
Rd
East
East Point
Point
y
Cen
d
er R
Butn
SR
42
19
Sylvan Rd
ll
166
T
S
Co
nn
a ll
Hi
W
Boulevard SE
Childress SW Dr
29
£
¤ £
¤
n
Be
wa
Stone
S
er
tn
Bu
Rd
Av
e
r
W Rd
Rd
Avon SW Ave
260
T
S
ED
S
Enon
W
2nd Ave
d
yS
23
£
¤
tS
res
erc
uld
Bo
SW R
S W Rd
6
T
S
154
T
S
Fairburn
Douglasville
Douglasville
Boat
Rock
Do
nn
e ll
Hill SE St
20
285
6
S
T
Rental Property
Census Tract
Number of HH
< -10
-10 to 0
1 to 25
26 to 50
51 to 75
76 to 100
> 100
Fulton County – North Submarket
97.2%
Market-Rate
Total Units
Surveyed
8,017
97.1%
Tax Credit
100.0%
Ove ra ll M R R
Subsidized
TAX
Submarket
-
97.4%
24
10 0 %
95%
90%
85%
80%
75%
70%
65%
60%
55%
50%
92.6%
Overall
Occupancy Rate
90.4%
Occupancy
Rates
91.5%
Total
Properties
S UB
State
Gross Rent Comparisons
2-BR Gross Re nts
Unit Type
Market-Rate
Tax Credit
Overall
Median
60% Max.
Allowable
Fair Market
Rent
Studio
One-Bedroom
Two-Bedroom
Three-Bedroom
Four+-Bedroom
$546 - $742
-
$546
$754
$757
$631 - $1,216
$707 - $802
$931
$808
$820
$1,2 0 0
$1,0 0 0
$8 0 0
$6 0 0
$4 0 0
$2 0 0
$0
M ed ian
60%
M ax
FM R
$796 - $1,482
$919 - $949
$1,147
$970
$912
$1,048 - $2,298
-
$1,389
$1,120
$1,110
$1,318 - $3,348
-
$1,607
$1,249
$1,211
Submarket Demographics
US Census, ESRI &
Claritas Estimates
1990 Census
2000 Census
Change 1990-2000
Percent Change 1990-2000
2010 Estimated
Change 2000-2010
Percent Change 2000-2010
2015 Projected
Change 2010-2015
Percent Change 2010-2015
2010 County Unemployment
(Rank in State)
10.6% (66th)
12 . 0 %
Low-Income HH Growth 2010-2015
18.6%
10.8%
10.4%
10 . 0 %
8.0%
6.0%
-8,529 (-2.0%)
4.0%
Top Three Industry Sectors
2.0%
Bowen National Research
www.bowennational.com
(614)-833-9300
Family Renters Senior 55+ Renters
$10k-$40k (HH)
$10k-$30k (HH)
11,335
1,613
7,862
1,669
-3,473
56
-44.2%
3.4%
6,228
1,848
-1,634
179
-26.2%
9.7%
Growth 2010-2015
Employment Change (2009-2010)
1. Technical (16.8%)
2. Retail Trade (11.5%)
3. Healthcare (8.9%)
Households
(HH)
69,207
114,294
45,087
39.4%
142,270
27,976
19.7%
158,842
16,572
10.4%
Population
168,971
291,759
122,788
42.1%
374,929
83,170
22.2%
420,325
45,396
10.8%
7.5%
7.6%
3.9%
3.9%
0.0%
Population House holds
Submarke t
State
US
2 0 .0 %
15 .0 %
10 .0 %
5 .0 %
0 .0 %
- 5 .0 %
- 10 .0 %
- 15 .0 %
- 2 0 .0 %
- 2 5 .0 %
- 3 0 .0 %
9.7%
-3.3%
-26.2%
F a m ily
Submarke t
S e n io r 5 5 +
State
Fulton County – North Submarket
Below is a listing of all the properties that were surveyed in the North Submarket of Fulton
County (additional properties may have been identified but were not included in the survey).
Following the listing is a map showing the locations of the properties within the county.
Property Name
427 North Highland
ALARA Park Bridge
ALARA State Bridge
AMLI at Northwinds
Ansley Place
Archstone Windward
Avistele at Martin's Landing
Belmont at Park Bridge
Chattahoochee Landing Apts.
Collingwood Apts.
Concepts 21 Roswell
Cypress Point
Great Park
Kings Bridge Apts.
North Park Estates
One Sovereign Place
Orion at Roswell
Pointe at Preston Ridge
Roswell Creek
Stoneleigh at Deerfield
The Preserve at Deerfield
Walton Commercial
Willeo Creek at Roswell
Windward Place
Property
Type
MRR
MRR
MRR
MRR
MRT
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
Year
Built
1924
2000
1998
1998
1989
1999
1978
1988
1968
1997
1979
1995
1950
1972
1996
1965
1996
1988
1976
2002
2000
2002
1990
1996
Total
Units*
20
352
224
800
219
328
300
344
396
342
304
306
20
312
356
172
668
266
508
370
630
250
242
288
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Low-Income Renter HH Growth 2010-2015
Fulton County (North Sub-Market)
371
e D
r
T
S
E C
hero
ke
erry
on
F
Rd
141
T
S
120
T
S
St
at
e
Old
A
la b
am
Br
a R
d
id
ge
Suwanee
Suwanee
23
£
¤
Rd
le
Pee
d
r R
Norcross
Norcross
ldi
ng
Dr
23
Sp
a
£
¤
Atlanta
Atlanta
Vinings
Vinings
1
1.5
2
19
£
¤
£
¤
Harts Mill NE Rd
400
T
S
400
T
S
Chamblee
Chamblee
North
North Atlanta
Atlanta
Doraville
Doraville
23
£
¤
378
S
T
e
us
Cr
Rd
378
S
T
Rd
§
¨
¦
75
Lake Forrest NE Dr
285
85
liff
kc
Oa
§
¨
¦
y
Pk
Sandy
Sandy Springs
Springs
n
rno
Ve
nt
u
Mo
Dunwoody
Dunwoody
af
D
§
¨
¦
Rd
W
19
Marietta
Marietta
00.25
0.5
N
ing D
r
ll
R
si
er
iv
de
r
y
Hw
Spald
Berkeley
Berkeley Lake
Lake
Hi
Rd
Spalding Dr
nt
sa
ea
Pl
Rd
Lo
rR
we
ll
we
os
r
rts D
Robe
120
T
S
o
arl
Duluth
Duluth
Ferry
Joh
ns
140
S
T
120
T
S
Rd
g
Su
eo
Rd
ro
n
Sugar
Sugar Hill
Hill
Sugar
Sugar Hill
Hill
ge
Pk y
in t
Po
h
t
r
Rd
No
sell
Man
Nesbit
W ill
Union Hill Rd
Alpharetta
Alpharetta
Roswell
Roswell
Sh
a
Br
id
er R
d
141
S
T
Pky
Jo
ne
s
Ruck
Rd
Mansell Rd
Rd
Sa
H
92
T
S
sc
ard
b le
rab
wa
rd
t Pky
g S
in
m
Cum
20
S
T
d
ta R
Mountain
Mountain Park
Park
ind
m R
d
tlan
W
140
S
T
and
Pky
rland
Mcfa
140
T
S
y
nd
19
A
Old
T
S
Bufo
rd D
a
£
¤
141
S
T
9
T
S
140
Rd
Cumming
Cumming
Rd
erry
372
S
T
Mc
farl
ins
Pla
tleb
Cas
Cham
blee
§
¨
¦
85
Tuck
er R
d
Tucker
Tucker
Ki
lli
an
Hi
ll S
W
R
d
Mountain
Mountain Park
Park
Legend
Miles
Data Sources: Bowen National Research and Nielsen Claritas
Low-income renters are the total number of families
(householder less than age 55) earning between $10k-$40k AND
the total number of seniors (householder age 55 or greater)
earning between $10k-$30k.
29
£
¤
Lilburn
Lilburn
µ
Rental Property
Census Tract
Number of HH
< -10
-10 to 0
1 to 25
26 to 50
51 to 75
76 to 100
> 100
Fulton County – South Submarket
85.7%
Market-Rate
Total Units
Surveyed
9,270
83.2%
Tax Credit
94.5%
Ove ra ll M R R
Subsidized
TAX
Submarket
100.0%
97.4%
52
10 0 %
95%
90%
85%
80%
75%
70%
65%
60%
55%
50%
92.6%
Overall
Occupancy Rate
90.4%
Occupancy
Rates
91.5%
Total
Properties
S UB
State
Gross Rent Comparisons
2-BR Gross Re nts
Unit Type
Market-Rate
Tax Credit
Overall
Median
60% Max.
Allowable
Fair Market
Rent
Studio
One-Bedroom
Two-Bedroom
Three-Bedroom
Four+-Bedroom
$471 - $615
$531
$531
$754
$757
$333 - $886
$454 - $826
$662
$808
$820
$471 - $1,133
$660 - $971
$852
$970
$912
$609 - $1,438
$789 - $1,144
$990
$1,120
$1,110
$1,137
-
$1,137
$1,249
$1,211
$1,0 0 0
$9 50
$9 0 0
$8 50
$8 0 0
$750
M ed ian
60%
M ax
FM R
Submarket Demographics
US Census, ESRI &
Claritas Estimates
1990 Census
2000 Census
Change 1990-2000
Percent Change 1990-2000
2010 Estimated
Change 2000-2010
Percent Change 2000-2010
2015 Projected
Change 2010-2015
Percent Change 2010-2015
2010 County Unemployment
(Rank in State)
Households
(HH)
45,420
50,969
5,549
10.9%
72,137
21,168
29.3%
83,077
10,940
13.2%
Population
121,955
137,542
15,587
11.3%
199,695
62,153
31.1%
230,760
31,065
13.5%
14 . 0 %
Family Renters Senior 55+ Renters
$10k-$40k (HH)
$10k-$30k (HH)
11,346
1,268
10,730
1,804
-616
536
-5.7%
29.7%
9,854
2,236
-876
432
-8.9%
19.3%
Growth 2010-2015
13.5%
13.2%
Low-Income HH Growth 2010-2015
19.3%
18.6%
2 0 .0 %
12 . 0 %
10.6% (66th)
Employment Change (2009-2010)
-8,529 (-2.0%)
Top Three Industry Sectors
1. Healthcare (10.4%)
2. Education (10.3%)
3. Retail Trade (10.0%)
Bowen National Research
www.bowennational.com
(614)-833-9300
15 .0 %
10 . 0 %
8.0%
6.0%
7.5%
7.6%
3.9%
3.9%
10 .0 %
5 .0 %
4.0%
0 .0 %
2.0%
- 5 .0 %
0.0%
Population House holds
Submarke t
State
US
- 10 .0 %
-3.3%
-8.9%
F a m ily
Submarke t
S e n io r 5 5 +
State
Fulton County – South Submarket
Below is a listing of all the properties that were surveyed in the South Submarket of Fulton
County (additional properties may have been identified but were not included in the survey).
Following the listing is a map showing the locations of the properties within the county.
Property Name
Air Court
Arcadia at Parkway Village
Audubon Town & Country
Autumn Hills Apts.
Avery Park Townhomes
Cambridge Faire
Campbell Crossing Apts.
Champions Glen
Chastain Crossing
Clubhouse Apts.
Cypress Glenn
Diplomat Townhomes
Embarcadero Club Apts.
Gateway East Point
Hampton Place
Harbour Lakes/Village Center
Harmony Pointe
Harrington Park
Hawthorne Manor
Hidden Lake
Indian Lakes Apts.
Lakeside Reserve
Landings at Oak Hill
Laurel Ridge
Magnolia Place
Maplewood Park
Morgan Trace Apts.
Norman Berry Senior Residences
Oakley Woods
Old Town Villas
Orchard Springs
Overlook Townhomes
Palmettos
Peach Tree Landing
Pinegrove
Princeton Court Apt. Homes
Regency Park
Property
Type
MRR
MRT
MRR
TAX
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
TGS
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
MRR
TAX
MRR
TAX
MRR
TMG
MRR
MRR
MRT
MRR
TAX
MRR
GSS
MRT
TAX
Year
Built
1955
2008
1975
1989
1970
2001
1967
1989
1974
1965
1971
1969
1974
2011
1968
2002
1973
1976
1955
1985
1985
1969
1989
2006
1963
1995
1987
2006
1984
1975
2003
1990
1996
2002
1989
2005
1969
Total
Units*
29
292
132
191
220
208
88
166
120
80
484
124
404
0
182
310
144
175
20
320
246
372
450
274
45
110
80
117
60
252
220
35
120
220
30
116
192
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Fulton County – South Submarket
Continued
Property Name
Residences on Central Park
Rugby Valley
Shannon Bend Apts.
Shannon Creste Apts.
Shannon Lake
Shannon Woods
Sierra Townhomes
Somerset Apts.
South Hampton Apts.
Turnbury Apts.
Village Highlands
Village of College Park
Virginia Oaks
Westcove
Wyndsor Forest
Property
Type
MRR
MRR
MRR
MRR
TAX
MRR
MRR
MRR
MRR
MRR
TAX
TAX
MRR
MRR
MRR
Year
Built
1969
1973
1960
1989
1988
1986
1964
1964
1970
1970
2006
1940
1952
1974
2001
Total
Units*
312
140
33
200
294
134
134
40
348
239
258
80
10
92
328
*Total units do not include any units that are currently under construction or offline for renovations
Property Type Legend
MRR - Market-rate
TAX – Tax Credit
GSS – Government-subsidized
MRT - Market-rate/Tax Credit
MRG – Market-rate/Government-subsidized
TGS – Tax Credit/Government-subsidized
TMG – Tax Credit/Market-rate/Gov.-subsidized
Bowen National Research
www.bowennational.com
(614) 833-9300
Low-Income Renter HH Growth 2010-2015
Fulton County (South Sub-Market)
Hiram
Hiram
92
T
S
Hiram
Hiram
Hiram
Hiram
Rd
ge
Rid
ge
Rid
E W
est
Powder
Powder Springs
Springs
Rd
139
S
T
278
£
¤
Austell
Austell
Con
nec
to
280
T
S
Rd
id e
rs
ve
i
R
92
T
S
Chapel Hill Rd
166
S
T
n R
d
Rd
85
00.25
0.5 1 1.5 2
Forest
Forest Park
Park
t
Fla
oa
Sh
ls
Rd
t
Fla
Rd
85
T
S
Riverdale
Riverdale
Riverdale
Riverdale
138
138
S
T
S
T
279
S
T
314
S
T
92
S
T
Rd
Irondale
Irondale
Tyrone
Tyrone
74
85
S
T
T
S
54
T
S
Peachtree
Peachtree City
City
54
T
S
Fayetteville
Fayetteville
85
S
T
Legend
Miles
Data Sources: Bowen National Research and Nielsen Claritas
Low-income renters are the total number of families
(householder less than age 55) earning between $10k-$40k AND
the total number of seniors (householder age 55 or greater)
earning between $10k-$30k.
S
a ls
ho
314
S
T
Rd
§
¨
¦
29
£
¤
W Rd
85
ett
o
75
College
College Park
Park
92
S
T
Pa
lm
§
¨
¦
29
£
¤
ille
92
S
T
Palmetto
Palmetto
§
¨
¦
East
East Point
Point
tev
yet
Fa
29
70
T
S
All S
d
ll R
138
S
T
Union
Union City
City
Fairburn
Fairburn
138
T
S
74
T
S
£
¤
d
on R
Weld
n
ur
irb
Fa
19
£
¤
Hapeville
Hapeville
ll Te
29
t
Al
US 29 Alt
S
5
S
T
166
S
T
Rd
a
ew
US
Pky
Fulton
d
Ol
92
T
S
154
S
T
Rd
n
Sto
e
dg
Rd
W
ome
Welc
Rd
r
Butne
Ri
S
er
tn
Bu
19
£
¤
En
o
Y 92
Chapel Hill
166
T
S
5
S
T
41
£
¤
Avon SW Ave
154
S
T
6
T
S
HW
5
S
T
154
T
S
154
S
T
Douglasville
Douglasville
5
S
T
Po
st
Le
e
Bright Star Rd
§
¨
¦
20
Rd
20
Douglasville
Douglasville
Atlanta
Atlanta
y
Pk
Rd
M
s
ore
Mo
285
Douglasville
Douglasville
§
¨
¦
§
¨
¦
§
¨
¦
Smyrna
Smyrna
Mableton
Mableton
5
T
S
41 l NW
il
£
¤
285
Lithia
Lithia Springs
Springs
92
S
T
Villa
Villa Rica
Rica
Vinings
Vinings
r
W Lake NW
Ave
61
T
S
µ
Rental Property
Census Tract
Number of HH
< -10
-10 to 0
1 to 25
26 to 50
51 to 75
76 to 100
> 100