For internal use only

Geosam Capital us (atlanta) lp

Madison Pointe

mCDonouGh roaD, 30294

lovejoy, GeorGia (Clayton County)

site plan

35 Geosam-Owned LotsNorth of McDonough Road, West of Tara Blvd.

178143

3535--

Topography County Tax: $360.41City Tax: --

$12,614.35

Platted ZoningDevelopment Status

Sewer/Septic

Infastructure Improvements

All Other Utilities

Homeowners Association

Sales History

Contact: Demographic

HOA Dues:

Property Highlights

Madison Pointe

Lovejoy, Georgia (Clayton County)

Yes R3 (Single Family)

Lovejoy Middle School - 0.6 milesKemp Elementary School - 2.4 miles There is an on-site amenity which includes a pool, bath house,

and 2 tennis courts.

The asset consists of 35 vacant develped townhome lots in the Madison Pointe subdivision. Lot sizes range from 0.14 to 0.31 acres. Average lot width is 35'. Geosam owns 20% of this community. All Vacant Lots:

Lots (including homes):

The number of citizens in Lovejoy is 2,495 with a median age of 30. The total number of households is 491 bringing in a median income of $40,139.

Homes:

The subject site is located approximately 24 miles (35 minutes) south of downtown Atlanta with primary access provided via I-75 which is 10 miles east of the community.

Access

Schools

Total Tax:

Rena Grace - Grace Management

N/A

Vacant Lots (Geosam):

Location Description

The community is located on the north side of McDonough Road west of Tara Boulevard. There is commercial activity .5 miles east of the subject on Tara Blvd. including a Publix grocery store, Home Depot, and numerous restaurants.

Property Description

Total Inventory

Lots Available:

Property Tax:The terrain of the lots is generally level.Undeveloped Land (Acres):

Madison Pointe Property Owners Association Inc.

Electric, Public Water, Phone, and Cable

Public SewerThe lots are fully developed.

Infastructure improvements include asphalt paved streets, gutters.

On-Site Amenities

Home sales from 2006-2008 peaked at an average price of $146,000. Current home sales (resale) are an average of $59,000.

Lovejoy High School - 1.0 miles

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loCation map

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