LAND FOR M/F MARION VILLAGE DEVELOPMENT

PARCEL SIZE: Total Parcel Size: ±77.7 gross acres with a confirmed U. S. Army Corps of Engineers Wetland J.D for 29.2 upland acres. RINCON ZONING: R-M– Port , GA. The site has been approved for a total of 416 multi-family units. EFFINGHAM LOCATION: The parcel is ideally located in what is proving to be the next hot spot for growth in the entire Savannah MSA. Highway 30 currently runs east/west just north COUNTY of Godley Station. Highway 30 is a main commuting road for Effingham residents to access shopping, dining, schools, and the work centers in Savannah. Traveling west to Highway 17 provides easy access to Highway 80 in Pooler and to I-16. Traveling east gets you to Highway 21 and the Exit 109 interchange with I-95 in Port Wentworth (which was dramatically improved with a double-diverging-diamond interchange). Before you reach Highway 21, though, you will encounter the under- construction extension of Benton Drive, which runs north/south through Godley Station and presently terminates at Highlands Boulevard in North Godley – but is to be extended all the way to Highway 30. Not only will this allow Effingham residents a way around the I-95 interchange, it will also allow easy access into all the shopping at CHATHAM Godley Station, anchored by the Tanger outlets -- a 500,000 sq. ft. outlet mall, with another 500,000 sq. ft. scheduled to be built. COUNTY DESCRIPTION: An existing wetlands system logically splits the property into two SAVANNAH separate parcels of ±17.6 and ±9 acres, with another 1.9 acres for potential mitigation use. With the included forested wetlands systems in place, Marion Village can be one of the most pristine and attractive apartment sites in the entire Savannah MSA. ROAD ACCESS: The site is directly accessed from Highway 30. UTILITIES: Water is across Highway 30 from the site and sewer is close but not quite to the site as presently terminates at Lake Shore – just to the east. The owner is working to bring all utilities to the site but is willing to negotiate on price if a Buyer wishes to accomplish that on their own. Site OPPORTUNITY: Highway 30 is a proven commuting and residential artery connecting Effingham and Chatham counties together. Residential development along the Highway 30 corridor is accelerating with both Town Park and Creekside just to the west of this site. This location, so perfectly situated and within an easy commute of Savannah’s major work centers, should continue to be appealing to developers and investors. This exhibit was last updated on 7/16/2020 Chuck Mitchell (912) 660-3098 Parker Scott Properties is the exclusive listing agent for this property. The data in this exhibit is believed to be accurate [email protected] $2,912,000 ($7,000/door) but not guaranteed as provided by third parties.

RINCON

HARDEEVILLE

EXIT 5 EFFINGHAM COUNTY

MARION VILLAGE

30 30

EXIT 109

EXIT 106 5 miles

SAVANNAH/HILTON HEAD

EXIT 104 INTERNATIONAL AIRPORT PORT OF 10 miles POOLER SAVANNAH CHATHAM

COUNTY 15 miles SAVANNAH

EXIT 99 Parker Scott Properties is the exclusive listing agent for this property. The data in this exhibit is believed to be accurate but not guaranteed as provided by third parties. This exhibit was last updated on 8/30/2018 11:14 AM Chuck Mitchell – Parker Scott Commercial MARION VILLAGE LOCATOR [email protected] / (912) 660-3098

SPRINGFIELD

RINCON SITE HARDEEVILLE

POOLER

SAVANNAH

Radii from site (red dashed lined circles) are 5, 10, and 15 miles. Drive times are 10 minutes (purple), 20 minutes (green) and 30 minutes (orange. The site is within a 30-minute drive time of all the major Savannah hospitals RICHMOND HILL a well as the Effingham County facility. This exhibit was last updated on 7/15/2020 9:14 PM Chuck Mitchell – Parker Scott Commercial MARION VILLAGE – RADII & DRIVE TIMES [email protected] / (912) 660-3098 KELLY DR. KELLY

30 30

EFFINGHAM SITE COUNTY 77.7 GROSS ACRES

29.2 UPLAND ACRES

CHATHAM COUNTY

Parker Scott Properties is the exclusive listing agent for this property. The data in this exhibit is believed to be accurate but not guaranteed as provided by third parties. This exhibit was last updated on 7/16/2020 5:51 PM Chuck Mitchell – Parker Scott Commercial MARION VILLAGE AERIAL & BOUNDARY [email protected] / (912) 660-3098

Benton Dr. Extension 30 Intersections points. 30 SITE 30

Creekside Newport

Park West

Lake Shore

Highland Falls Godley Park

Rivermoor Savannah Highlands Willow Point

Waverly Station Cumberland Spring Lakes Parkside at Highlands Elementary School

Spring Lakes

The Farm EXIT 106

Morgan Lakes

Industrial Park

Hunt Club The Arbors This exhibit was last updated on 7/16/2020 8:45 PM Parker Scott Properties is the exclusive listing agent for this property. The data in this exhibit is believed to be accurate but not guaranteed as provided by third parties. Chuck Mitchell – Parker Scott Commercial MARION VILLAGE REGIONAL LOCATOR [email protected] / (912) 660-3098 SITE IS 1.5 MILES from new intersection of Benton Blvd. and ROTARY Highway 30

LAKESHORE ROTARY

BENTON BOULEVARD EXTENSION

HIGHLANDS OF

GODLEY STATION

APARTMENT APARTMENT SITES SITES

APARTMENT SITES

GODLEY STATION

ELEMENTARY SCHOOL

APARTMENT SITES APARTMENT SITES

EXIT 106

WAREHOUSE WAREHOUSE COMPLEXES COMPLEXES

Parker Scott Properties is the exclusive listing agent for this property. The data in this exhibit is believed to be accurate but not guaranteed as provided by third parties. This exhibit was last updated on 7/16/2020 8:32 PM

Chuck Mitchell – Parker Scott Commercial BENTON EXTENSION ON AERIAL [email protected] / (912) 660-3098

This exhibit was last updated on 7/17/2020 11:13 AM Chuck Mitchell – Parker Scott Commercial MARION VILLAGE WETLANDS EXHIBIT [email protected] / (912) 660-3098

COSTAR 3-, 4-, & 5-STAR APARTMENT COMMUNITIES IN POOLER/PT.WENTWORTH

SITE

The COVID-19 pandemic is projected to impact rental rates in the last quarter of 2020 but is expected to recover rather quickly, i.e. within 2 years. SAVANNAH

This exhibit was last updated on 7/15/2020 9:51 PM Chuck Mitchell – Parker Scott Commercial MARKET AREA APARTMENT RENT RATE [email protected] / (912) 660-3098

COSTAR 3-, 4-, & 5-STAR APARTMENT COMMUNITIES IN POOLER/PT.WENTWORTH

Vacancy rates have climbed as more projects have come on stream but are quickly expected to return levels less than 10% by mid-2022.

This exhibit was last updated on 7/15/2020 9:54 PM Chuck Mitchell – Parker Scott Commercial MARKET AREA VACANCY RATES [email protected] / (912) 660-3098 RINCON HARDEEVILLE

SITE

This graphic shows the appeal of the greater Godley Station & Savannah Quarters market area for 4 and 5-star apartment complexes with greater than 200 units. With an PORT annual absorption of WENTWORTH almost 500 units and both occupancy and BLOOMINGDALE market rents expected to increase starting in 2021, this market area POOLER GARDEN CITY appears able to absorb yet more product.

SAVANNAH

This exhibit was last updated on 7/16/2020 12:41 PM Chuck Mitchell – Parker Scott Commercial MARION VILLAGE -- TIGHTENED MARKET AREA [email protected] / (912) 660-3098