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1150 Maple Walk Circle Deca...

Four Oaks Capital Acquires Multifamily Property In Decatur, GA For $11.4M
SOLDMultiFamily

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

SG
Sureste Property GroupSeller

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