Nighthawk Equity Acquires Multifamily Property In Marietta, GA For $42.6M

The multifamily property located at 1035 Franklin Gateway in Marietta, GA was recently sold for a total price of $42,595,000. The transaction took place on 03/15/2022, and the property consists of 214 units with an average price per unit of $199,042. The total square footage of the property is 235,000, with an average price per square foot of $181. The sale was facilitated by brokers Steven Vegh and Phil Goldstein from Westwood Realty Associates.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $42,595,000
• Units: 214
• Price per Unit: $199,042
• Square Footage: 235,000
• Price per Square Foot: $181
• Address: 1035 Franklin Gateway, Marietta, GA
• Market: Marietta, GA

Nighthawk Equity served as the buyer for this transaction. The deal was successfully facilitated by brokers Steven Vegh and Phil Goldstein from Westwood Realty Associates.