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Four Oaks Capital Acquires Multifamily Property In Decatur, GA For $11.4M
SOLD
$11,400,000
Georgia
See Similar DealsMultiFamily
Sold 05/05/2023
SOLD
Four Oaks Capital Acquires Multifamily Property In Decatur, GA For $11.4M
1150 Maple Walk Circle Decatur, Georgia 30032, USA
See Similar DealsMultiFamily
Sold 05/05/2023
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Sale
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
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$607,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,501.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,041.82
Annual Debt Service$648,501.79
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