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Market Analysis for Downtown Redevelopment <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />3.9Profiles of Recently-Developed Rental Communities in the PMA, March 2022 (Continued) <br />Vacant Unit Unit <br />Rent per <br />Units <br />UnitsMixTypeSize of UnitBase Rent <br />PropertySquare Foot <br />Market-Rate Rental Housing (Cont.) <br />1793731BR480-634$931-1,076$1.70-1.94 <br />Timber Ridge <br />Wi-Fi, water, sewer, and garbage are <br />4777 19th St SW532BR1,146$1,785$1.56 <br />all included. Units include washer <br />Forest Lake533BR1,410$2,600$1.84 <br />and dryer. Patio with grills and on- <br />site fitness center included. Surface <br />Year Built: 2019 <br />parking lot with garages available. <br />8416121BR669$1,433$2.14 <br />Gateway Green <br />Units have washers and dryers. <br />312BR1,029-1,035$1,727-1,781$1.67-1.68 <br />Apartments <br />Community includes pet wash, <br />4626 Wyngate Blvd43BR1,194$2,185$1.83 <br />fitness center, game room, <br />Forest Lake <br />community room, and an <br />underground parking garage. <br />Year Built: 2019 <br />731311BR480-660$885-1,152$1.75-1.84 <br />Arbor Ridge <br />Heat, Wi-Fi, water, sewer, and <br />422BR910-1,109$1,215-1,676$1.34-1.51 <br />Luxury Apartments <br />garbage are all included. Units <br />1700 8th St NE <br />include washer and dryer. Patio with <br />Forest Lake <br />grills and on-site fitness center <br />included. Surface parking lot with <br />Year Built: 2017 <br />garages available. <br />* Data collected in February and March 2023 <br />Source: Costar; websites, interviews with leasing agents; LOCi Consulting LLC <br /> <br /> <br /> <br /> Page | 49 <br /> <br />