Trion Properties Acquires Multifamily Asset In Pooler, Savannah, Georgia For $34M
100 Oglethorpe Drive
$34,000,000
$198/SF
Building Size
171,760 SF
Asset Type
MultiFamily
Closing
Sep 22, 2022
AI
The multifamily property located at 100 Oglethorpe Drive in Pooler, Savannah, Georgia has been sold in a transaction. The property spans across 171,760 square feet and has been purchased for a total sale price of $34,000,000. The price per square foot for the property is $198.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $34,000,000
- Address: 100 Oglethorpe Drive, Pooler, Savannah, Georgia
- Market: Pooler, Savannah, Georgia
- Buyer: Trion Properties - Max Sharkansky, Mitch Paskover, David Moghavem, Adrie Bailey & Felipe Montes de Oca
- Seller: URS Capital Partners
- Brokers: Alex Mcdermott & Brady Holcomb - Capstone
- Square Footage: 171,760
- Price Per Square Foot: $198
The buyer of the property is represented by Trion Properties, specifically Max Sharkansky, Mitch Paskover, David Moghavem, Adrie Bailey, and Felipe Montes de Oca. The seller in this transaction is URS Capital Partners. The brokers involved in the deal are Alex Mcdermott and Brady Holcomb from Capstone.
Players
Pooler 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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93