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100 Greyfield Lane

T30 Capital Acquires Aqua Sandy Springs Multifamily From 29th Street Capital For $36.7M
SOLDMultiFamily

T30 Capital Acquires Aqua Sandy Springs Multifamily From 29th Street Capital For $36.7M

100 Greyfield Lane

$36,700,000

Building Size

Asset Type

MultiFamily

Closing

Oct 14, 2024

AI

Aqua Sandy Springs is a multifamily property located at 100 Greyfield Lane in Sandy Springs, GA. This apartment community features 219 units and has a sale price of $36,700,000, which equates to a price per unit of $167,580.

Summary of transaction details:

The transaction involved T30 Capital acquiring the property from 29th Street Capital, with plans for a value-add program. Global Real Estate Advisors (GREA) was responsible for brokering this sale.

Players

Cory Caroline Sams

Global Real Estate Advisors (GREA)

Broker

$159.8M

vol

5 deals

Broker

Atlanta MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93