SOLD
Hank Farrell III Buys Aspire Lenox Park For $85M From Duncan Osborne
1050 Lenox Park Boulevard Northeast
MultiFamily
Sold 50 days ago
Summary
Sale
GEORGIA
MultiFamily
The multifamily property located at 1050 Lenox Park Boulevard Northeast in Atlanta, GA was sold for $85,000,000. The property known as Aspire Lenox Park consists of 400 units, with a price per unit of $212,500.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $85,000,000
- Units: 400
- Price Per Unit: $212,500
- Address: 1050 Lenox Park Boulevard Northeast
- Market: Atlanta, GA
Hank Farrell III, representing RPM Living Investments, acquired Aspire Lenox Park from Duncan Osborne of Willow Bridge Property Co. The sale was facilitated by Willow Bridge Property Co., a multifamily division of Lincoln Property Co. based in Dallas.
Details
SOLD
IMAGE: Hank Farrell III & Duncan Osborne
DATE: 03/12/2024
ADDRESS: 1050 Lenox Park Boulevard Northeast
MARKET: Atlanta, GA
ASSET TYPE: Multifamily
BUYER: Hank Farrell III - RPM Living Investments
SELLER: Duncan Osborne - Willow Bridge Property Co
SALE PRICE: $85,000,000
UNITS: 400 ~ PPU: $212,500
NOTE: RPM Living Investments purchased Aspire Lenox Park for $85 million, at a rate of $212,500 per unit, from Willow Bridge Property Co., a multifamily division of Dallas-based Lincoln Property Co.View on map
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Address1050 Lenox Park Boulevard Northeast
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