OREI Acquires Multifamily Property In Decatur, GA For $31.3M

An multifamily property located at 10 Creste Drive in Decatur, GA has been sold for $31,292,500. The property consists of 210 units, with a price per unit of $149,011. The buyer of the property is OREI Azora, while the seller is Read Property Group. The transaction was facilitated by brokers Taylor Brown, John A. Topping, Jr., Barden Brown & Mack Leath from GREA.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $31,292,500
• Address: 10 Creste Drive, Decatur, GA
• Market: Decatur, GA
• Buyer: OREI Azora
• Seller: Read Property Group
• Brokers: Taylor Brown, John A. Topping, Jr., Barden Brown & Mack Leath - GREA
• Units: 210
• Price Per Unit: $149,011

The buyer, OREI Azora, and the seller, Read Property Group, were represented by brokers Taylor Brown, John A. Topping, Jr., Barden Brown & Mack Leath from GREA. This transaction marks a significant deal in the multifamily market in Decatur, GA, with a sales price of $31,292,500 and a total of 210 units.