Four Oaks Capital Acquires Multifamily Property In Decatur, GA For $11.4M
1150 Maple Walk Circle Decatur, Georgia 30032, USA
$11,400,000
Units
100
Asset Type
MultiFamily
Closing
May 5, 2023
AI
The multifamily property located at 1150 Maple Walk Circle in Decatur, GA has been sold in a recent transaction. The property consists of 100 units and was sold for a price of $11,400,000, resulting in a per unit price of $114,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $11,400,000
- Units: 100
- Price Per Unit: $114,000
The buyer in this transaction is Four Oaks Capital, while the seller is Sureste Property Group. The deal was successfully concluded on 05/05/2023.
Players
Decatur 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
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93