Daily limit: 0/10
EQ Housing Advisors Inc Acquires 214-Unit Multifamily Complex In Atlanta From Aspen Square Management For $39M
SOLD
$39,000,000
+ 1
Georgia
See Similar DealsMultiFamily
Sold 08/04/2025
SOLD
EQ Housing Advisors Inc Acquires 214-Unit Multifamily Complex In Atlanta From Aspen Square Management For $39M
1212 James Jackson Parkway Northwest
See Similar DealsMultiFamily
Sold 08/04/2025
+ 1
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Sale
The transaction involved a multi-family asset, specifically a 214-unit apartment complex located at 1212 James Jackson Parkway Northwest in the Atlanta, GA market. The sale price was $39,000,000, with a price per unit (PPU) of $182,243.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $39,000,000
- Units: 214
- PPU: $182,243
- Buyer: EQ Housing Advisors Inc
- Seller: Aspen Square Management
- Brokers: John Weber, Peter Yorck, Nick Brown & Dean Shoham - JLL
JLL Capital Markets facilitated the transaction, which included a notable affordability component where half of the units will be reserved for families earning up to 80% of AMI, all governed by a 25-year affordability agreement through the Atlanta Urban Development Corp.
Players
BROKERAGE
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,080,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$138,558.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$184,879.90
Annual Debt Service$2,218,558.76
Is there something missing? Send suggestions