Test Memorandum
Executive Summary
THE OFFERING
LOCATION
Market Overview
Overview
Demand Drivers
Jacksonville MSA Trends
INDIVIDUAL MARKET
Lorem Ipsum
SUBMARKET
IMMEDIATE AREA
Investment Highlights
PROJECT NOI
Less: Capital Reserves
NOI AFTER RESERVES
RETURN ON COST
Development Budget
Community | Location | Units | Year Built | Avg SF | Asking Rent | Asking Rent/SF |
|---|---|---|---|---|---|---|
Bainbridge Avenues Walk | 10910 Avenues Walk Blvd | 372 | 2022 | 1147 | $1,979 | $1.73 |
The Menlo | 390 Square St | 332 | 2020 | 966 | $1,671 | $1.73 |
Volta Apartments | 11391 Square St | 337 | 2023 | 931 | $1,718 | $1.85 |
Lenox Cove Apartments | 8737 Baymeadows Dr | 118 | 2023 | 572 | $1,125 | $1.97 |
AVENUES | Avenues Mall | 266 | 2027 | 968 | $1,852 | $1.91 |
Hotel | Location | Keys | Year Built | ADR | Occupancy |
|---|---|---|---|---|---|
Residence Inn | 357 Oak St | 135 | 2021 | $160 | 75% |
Meet Corner Lot
OUR VISION, INNOVATION,
AND EXPERTISE DRIVING SUCCESS
At Corner Lot, each team member plays a vital role in shaping our company. Together, we bring an unwavering passion to every project, driven by a commitment to imagination and innovation. By working collaboratively, embracing big ideas, and taking pride in our work, we turn a shared vision into impactful results—benefiting our team, our partners, and the communities we serve.
ANDY ALLEN
CEO
GEORGE LEONE
COO
LEE HUTCHINS
Executive Vice President of Development
BILLY ZEITS
Executive Vice President of Governmental Affairs
MICHAEL O’NEAL
Chief Administrative Officer Breeze Homes/Corner Lot
JUSTIN HIGGINS
Chief Legal Officer
STEPHAN BAKER
Vice President of Finance and Taxation