Southeast Capital Partners, Inc.

Future Plans

Southeast Capital Partners, Inc. is looking to add to its growing portfolio. We will apply the same expertise in finance, development, construction, marketing and property management that has placed our existing developments among the top in their markets. The properties that we pursue should meet the following criteria:

In-Fill Apartment Development
Mid-rise sites
    • 3-acre minimum
    • Ideal size is 6 acres +
    • Preferred areas include:
        "Fringe" Midtown and Downtown, Buckhead, Emory, Decatur, Druid Hills,
        "Fringe" Other Southeastern states Infill Sub-markets
    • Generally, price per acre should be $600,000 - $1,250,000

High-rise sites
    • 1-3 acres typically
    • "A" locations - Midtown and Buckhead and similar Southeastern states Infill
      Sub-markets
    • Price depends on allowable/desired density
    • Generally, price per acre will be $1,000,000 +
    • Per unit price will generally be $12,000 - $20,000/unit

    Note: SECP will also consider mixed-use development opportunities in which rental
    apartments are likely to be a significant component.

Suburban Apartment Development
    • Target development size is 150-350 units
    • 10+ acre sites
    • Prefer Southeastern states first and second tier markets
    • Generally, price per acre should be $100,000-$500,000

Small In-Fill Townhome Development
    • Will seek opportunities to develop 16-32 townhomes (range is approximate)
    • Typically 1-3 acre sites
    • "A" and "B" in-town locations
    • Price per acre will range widely from $300,000 - $900,000 depending on location
      and density

In-Fill Self-Storage Development
    • Seeking raw land or conversion opportunities
    • Zoning is key; I-1 and I-2
    • Visibility, good access and nearby residential
    • Desired storage square footage is 50,000 – 100,000 rsf

In-Fill Land Development
• Typically residential opportunities
• Site and price will vary depending on location and potential use

In-Fill Adaptive Re-Use
• Any interesting opportunity for the re-use of existing in-town improvements

Apartment Acquisitions
    • Existing apartment properties of 150-350 units
    • Class "A" and "B" quality
    • Superior Visibility
    • Prefer all cash purchases
    • Can joint venture development opportunities

Condominium Conversions
    • 40-300 units
    • On ammenity location or infill
    • Prefer lower price point

Waterfront Condominium Development
    • 100+ units
    • Residential and/or mixed use properties
    • Site and price will vary depending on location

If you are an owner, or represent the owner of a property that may meet our criteria, please submit the following for our review:
    • Site location map
    • Boundary survey
    • Topographical map
    • Aerial photograph
    • Demographics profile
    • Relevant zoning and utilities information
    • Current rent roll and unit mix (apartment acquisition)

Submissions should be addressed to:
    Mr. Scott Levitt
    Southeast Capital Partners, Inc.
    3333 Riverwood Parkway
    Suite 250
    Atlanta, GA 30339
    Phone: 404-504-0500
    Fax: 404-504-9866

    For e-mail submissions, please contact Scott Levitt.