Updated Oct 29, 2024
Carter Exchange Sells Station At Savannah Quarters Multifamily In Pooler, GA For $62.5M
100 Harley Lane Pooler, Georgia 31322, USA
$62,500,000
Building Size
—
Asset Type
MultiFamily
Closing
May 24, 2023
About this deal
AI
The Station at Savannah Quarters, a garden-style apartment community located at 100 Harley Lane in Pooler, Georgia, has been sold by Carter Exchange for $62.5 million. Spanning across 10.67 acres, this multifamily property was acquired on the specified date of 05/24/2023.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $62,500,000
- Address: 100 Harley Lane, Pooler, GA
- Market: Pooler, GA
- Acreage: 10.67 acres
During this transaction, Carter Exchange successfully sold the Station at Savannah Quarters, a garden-style apartment community, for a notable sum of $62.5 million. This deal serves as a testament to their expertise in the real estate market.
Players
Pooler MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93