Updated Jan 22, 2026
Oakley Real Estate Partners Acquires Industrial Building From The Hoover Family For $4.4M
1405 Owenby Drive Northeast
$4,402,500
$102/SF
Building Size
43,044 SF
Asset Type
Industrial
Closing
Jan 11, 2026
About this deal
AI
The property involved in this closed transaction is an industrial asset located at 1405 Owenby Drive Northeast, Atlanta, GA. The sale price for this property was $4,402,500, with a total square footage of 43,044, equating to a price per square foot of $102.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,402,500
- Address: 1405 Owenby Drive Northeast
- Market: Atlanta, GA
- Square Footage: 43,044
- Price Per Square Foot: $102
- Buyer: Oakley Real Estate Partners
- Seller: The Hoover Family
- Broker Representatives: Martin Cohen & Marc D. Smouha - CorePoint RE
This transaction was facilitated by Martin Cohen and Marc D. Smouha from CorePoint RE, representing the parties involved. It was noted that this was an off-market transaction, highlighting the active role of CorePoint RE in closing the deal.
On the Map
$4,402,500
$102/SF
Industrial
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Players
Marietta Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.60%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93