BANK OWNED - LENDER ORDERED SALE - Excellent opportunity for a residential developer or investor group to acquire a fully entitled residential development that involves 233 single family lots and 154 townhome lots for a total of 387 units. The property known as Broadmoor is located just north of Hwy 211 on Liberty Church Road. The streets, water, and sewer are completed on about 90% of the development with just some minor work that needs to be finalized.

This property is located in Braselton, GA which has been ranked one of the top destinations for new residential development on the I-85 corridor in North Atlanta. Directly next to the tract, at the intersection of I-85 and Hwy 211, the Halverson Company has the 232 acres at the corner planned for a 1,000,000 sq ft commercial development. A two mile walking/jogging/nature trail is planned by the city that will meander along Mulberry Creek to the rear of the property between the Halverson Development and the Broadmoor tract. The proposed Northeast Georgia Medical Center has a 100 bed planned hospital under consideration just one mile from the subject property. The Villages of Deaton Creek, the most successful adult active community in the state of Georgia is located less than one mile from the tract as well. Many retail businesses are relocating to the area to take advantage of the high density of residential development.

PLEASE SUBMIT ALL OFFERS.

Mike Cahalan, MBA

Vice President