The PCA was performed at the request of XYZ Companies, using methods and procedures consistent with good commercial and customary practice conforming to ASTM 2018-15 Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process and the Fannie Mae Multifamily Property Condition Assessment guidelines.


ABLE Apartments is an existing 398-unit HUD family property on two parcels of land of approximately 22.35 acres located on Any Street (18 buildings with numbers 201 to 404) on the north side and on Somewhere Boulevard (18 buildings with numbers 1 to 194 total units) on the south side with an office address of Any Street, Atlanta, Georgia. The dwelling units are all townhouse units. Buildings vary in the number of dwelling units ranging from as few as 6 to as many as 16 per building. One of the original townhouses became the property office and a second one is used as a daycare center leaving 396 dwelling units for tenants.

There are 108 two-bedroom one-bath townhouses, 172 three-bedroom 1.5-bath townhouses and 116 four-bedroom 1.5-bath townhouses. Dwelling units by bedroom size are not located all in any one building. The unit sizes vary within any given building. The staff did not know the breakdown. Each townhouse has a front entry door onto a small covered stoop and a rear door to a small patio. Each townhouse has a washer/dryer hookup.

The office contains one bathroom on the first floor and one bathroom on the second floor and the property offices. Maintenance has a separate building and a storage building.

The buildings were occupied in 1972/1973.

You can download a free sample of this Capital Needs Assessment report below.


LocationAtlanta,GAYear2018PropertyAble ApartmentsServiceProject Capital Needs Assessment

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